Onto Innovation/$ONTO
Onto Innovation stock falls as Intel’s weak Q4 outlook and Amazon’s earnings miss stoke concerns about chip demand and AI spending, triggering a broad semiconductor sell-off.
15 hours agoLightyear AI
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Capital at risk
About Onto Innovation
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.
- Ticker
- $ONTO
- Sector
- Semiconductors
- Primary listing
- NYSE
- Employees
- 1,867
- Headquarters
- Wilmington, United States
- Website
- www.ontoinnovation.com
Onto Innovation Metrics
BasicAdvanced
$11B
80.00
$2.68
1.58
-
Price and volume
Market cap
$11B
Beta
1.58
52-week high
$386.46
52-week low
$118.97
Average daily volume
928K
Financial strength
Current ratio
9.726
Quick ratio
8.171
Long term debt to equity
0.765
Total debt to equity
0.765
Profitability
EBITDA (TTM)
309.011
Gross margin (TTM)
55.49%
Net profit margin (TTM)
11.84%
Operating margin (TTM)
20.06%
Effective tax rate (TTM)
16.10%
Revenue per employee (TTM)
$600,000
Management effectiveness
Return on assets (TTM)
4.81%
Return on equity (TTM)
6.82%
Valuation
Price to earnings (TTM)
80.003
Price to revenue (TTM)
9.442
Price to book
5.46
Price to tangible book (TTM)
10.29
Price to free cash flow (TTM)
41.892
Free cash flow yield (TTM)
2.39%
Free cash flow per share (TTM)
5.112
Growth
Revenue change (TTM)
8.08%
Earnings per share change (TTM)
-33.74%
3-year revenue growth (CAGR)
7.67%
10-year revenue growth (CAGR)
17.32%
3-year earnings per share growth (CAGR)
-8.69%
10-year earnings per share growth (CAGR)
10.36%
What the Analysts think about Onto Innovation
Analyst ratings (Buy, Hold, Sell) for Onto Innovation stock.
Analyst projections of the future price of Onto Innovation stock.
Bulls say / Bears say
AI and high-bandwidth memory demand is driving record advanced-packaging sales: management raised its 2026 growth outlook for the business to about 80% after winning more than $200 million of Dragonfly orders from one OSAT customer. Most of those orders are due to ship in 2027, extending the demand opportunity beyond this year. (SEC, Exa)
Growth is also broadening into advanced nodes: revenue there rose 50% sequentially to a record as logic and memory demand strengthened. Backlog topped $1 billion, giving the company greater visibility into customer investment plans. (SEC)
Profitability improved sharply in Q2: non-GAAP gross margin rose to 57% from 54.5% a year earlier, while non-GAAP operating margin reached 30%, up from 25.9%. Management expects further margin expansion in the second half of 2026. (SEC)
Profit growth has been uneven: first-half revenue rose 22% year on year, but net income fell to $93.9 million from $98.0 million and GAAP operating margin declined to 15.3% from 18.3%. The strong Q2 rebound has not yet erased the weaker first-half conversion of sales into earnings. (SEC)
A large backlog does not remove the risk of lumpy orders: Onto says it depends on significant customers and that fluctuations in customer capital spending can hurt results. That leaves growth exposed to customer delays or a pullback in semiconductor investment. (SEC)
Recent target cuts highlight valuation and product-mix concerns after a strong run: Morgan Stanley reduced its target to $360 from $383, citing mix dynamics, while B. Riley cut its target to $340 from $390 as it lowered multiples across semiconductor-equipment stocks. Both firms retained positive ratings, but the revisions point to less room for disappointment. (Investing.com, MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
Onto Innovation Financial Performance
Revenues and expenses
Onto Innovation Earnings Performance
Company profitability
Upcoming events
No upcoming events
Onto Innovation News
AllArticlesVideos
Onto Innovation to Report Third Quarter 2026 Financial Results on November 9, 2026
Business Wire2 weeks ago
Onto Innovation Receives Best Partner Award from SK hynix for Hidden Defect Prevention in High Bandwidth Memory Production
Business Wire3 weeks ago
Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
MarketBeat2 months ago
Funds containing Onto Innovation
AllUSDEURGBP
Fund name | Fund size | $ONTO weighting |
|---|---|---|
iShares AI Innovation Active£IART | $304M | 0.88% |
iShares Automation & Robotics£RBTX | $4.9B | 0.58% |
iShares Automation & Robotics$RBOT | $4.9B | 0.58% |
iShares Automation & Robotics€2B76 | $5.3B | 0.58% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.4B | 0.31% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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