Onto Innovation Q2 EPS Forecast Raised by Zacks Research

Onto Innovation Inc. (NYSE:ONTO) – Zacks Research boosted their Q2 2027 earnings estimates for shares of Onto Innovation in a report released on Thursday, March 12th. Zacks Research analyst Team now expects that the semiconductor company will post earnings per share of $1.87 for the quarter, up from their prior estimate of $1.59. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share. Zacks Research also issued estimates for Onto Innovation’s Q4 2027 earnings at $1.78 EPS.

ONTO has been the subject of a number of other reports. Needham & Company LLC raised their price objective on Onto Innovation from $260.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Evercore reiterated an “outperform” rating and issued a $250.00 target price on shares of Onto Innovation in a report on Thursday, February 19th. Stifel Nicolaus set a $220.00 price target on shares of Onto Innovation in a report on Friday, February 20th. Oppenheimer reaffirmed an “outperform” rating and set a $265.00 price objective on shares of Onto Innovation in a research report on Friday, February 20th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price objective on shares of Onto Innovation in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $252.50.

Onto Innovation Trading Up 0.9%

Shares of ONTO stock opened at $196.40 on Monday. The company has a market capitalization of $9.76 billion, a price-to-earnings ratio of 70.90, a P/E/G ratio of 1.01 and a beta of 1.47. Onto Innovation has a 1-year low of $85.88 and a 1-year high of $232.49. The stock’s fifty day simple moving average is $206.47 and its 200-day simple moving average is $161.76.

Onto Innovation (NYSE:ONTO) last announced its earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.02). The firm had revenue of $266.87 million for the quarter, compared to analyst estimates of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. Onto Innovation’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the firm earned $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC raised its position in shares of Onto Innovation by 188.5% in the fourth quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 115 shares in the last quarter. Root Financial Partners LLC grew its position in Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock worth $28,000 after buying an additional 74 shares in the last quarter. Westside Investment Management Inc. increased its stake in Onto Innovation by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 99 shares during the period. CIBC Private Wealth Group LLC raised its holdings in Onto Innovation by 109.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 245 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 128 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Onto Innovation in the 4th quarter valued at $39,000. 98.35% of the stock is owned by institutional investors.

About Onto Innovation

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.