Onto Innovation is a technology company specializing in advanced process control and metrology solutions for the semiconductor industry. Its core products include inspection systems, metrology tools, and software solutions that enhance manufacturing efficiency and yield. The company operates primarily in the semiconductor equipment segment, with major revenue sources stemming from sales of its hardware and software solutions to semiconductor manufacturers.
The investment profile of Onto Innovation is more aligned with growth investors, given its focus on innovation and expansion in the semiconductor sector. The company's recent revenue growth and positive earnings surprises indicate potential for future performance. Investors may find it suitable for medium to long-term horizons, with a focus on capital appreciation rather than income generation.
| Date | Before | After | Reason |
|---|---|---|---|
| 2026-09-23 | Sell | Buy | Strong revenue growth and positive EPS surprise support bullish outlook. |
| 2026-09-15 | Hold | Sell | Negative momentum and high risk overshadow potential growth. |
| 2026-08-29 | Buy | Hold | Weak momentum and high risk; cautious approach advised. |
| 2026-08-22 | Hold | Buy | Strong fundamentals, but recent momentum is concerning. |
| 2026-08-20 | Buy | Hold | Weak momentum and high risk; cautious approach advised. |
| 2026-08-18 | — | Buy | Strong momentum and solid earnings growth support investment. |
| Date | Analyst | Action | Target | Price Then |
|---|---|---|---|---|
| 2026-09-08 | Morgan Stanley | Target Lowered | — → 360 | 268.01 |
| 2026-08-17 | Goldman Sachs | Update | — → 400 | 331.71 |
| 2026-08-07 | Morgan Stanley | Target Raised | 371 → 383 | 302.39999 |
| 2026-08-07 | Needham | Target Raised | 330 → 360 | 302.13 |
| 2026-08-07 | Evercore ISI | Target Raised | 350 → 390 | 306.01511 |
| 2026-08-07 | Jefferies | Target Raised | 350 → 400 | 268.7 |
| 2026-06-29 | Cantor Fitzgerald | Target Raised | 350 → 410 | 323.92 |
| 2026-06-22 | Oppenheimer | Target Raised | 370 → 450 | 333.76 |
| 2026-06-14 | Morgan Stanley | Update | — → 371 | 323.88 |
| 2026-06-05 | Deutsche Bank | Update | — → 350 | 274.76 |
| 2026-05-06 | Needham | Target Raised | 320 → 330 | 295.37 |
