Onto Innovation (ONTO) Stock Forecast, Price Target & Predictions
ONTO Stock Forecast
Onto Innovation stock forecast is as follows: an average price target of $258.33 (represents a 54.46% upside from ONTO’s last price of $167.25) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
ONTO Price Target
The average price target for Onto Innovation (ONTO) is $258.33 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $275.00 to $230.00. This represents a potential 54.46% upside from ONTO's last price of $167.25.
ONTO Analyst Ratings
According to 6 Wall Street analysts, Onto Innovation's rating consensus is 'Buy'. The analyst rating breakdown for ONTO stock is 0 'Strong Buy' (0.00%), 6 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Onto Innovation Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 01, 2024 | Quinn Bolton | Needham | $230.00 | $176.10 | 30.61% | 37.52% |
| Oct 01, 2024 | Ed Yang | Oppenheimer | $275.00 | $203.69 | 35.01% | 64.42% |
| Sep 24, 2024 | Ed Yang | Oppenheimer | $260.00 | $202.06 | 28.67% | 55.46% |
| Aug 19, 2024 | Quinn Bolton | Needham | $245.00 | $213.97 | 14.50% | 46.49% |
| Jul 15, 2024 | Brian Chin | Stifel Nicolaus | $270.00 | $229.28 | 17.76% | 61.43% |
| Mar 25, 2024 | Brian Chin | Stifel Nicolaus | $215.00 | $184.40 | 16.59% | 28.55% |
The latest Onto Innovation stock forecast, released on Nov 01, 2024 by Quinn Bolton from Needham, set a price target of $230.00, which represents a 30.61% increase from the stock price at the time of the forecast ($176.10), and a 37.52% increase from ONTO last price ($167.25).
Onto Innovation Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $255.00 | $249.17 |
| Last Closing Price | $167.25 | $167.25 | $167.25 |
| Upside/Downside | -100.00% | 52.47% | 48.98% |
In the current month, the average price target of Onto Innovation stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Onto Innovation's last price of $167.25. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 01, 2024 | Needham | Buy | Buy | Hold |
| Oct 01, 2024 | Oppenheimer | Buy | Buy | Hold |
| Oct 01, 2024 | Edward Jones | Underperform | Underperform | Hold |
| Oct 01, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 24, 2024 | Oppenheimer | Outperform | Initialise | |
| Aug 19, 2024 | Needham | Buy | Upgrade | |
| Aug 19, 2024 | Needham | Outperform | Upgrade | |
| Aug 09, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 09, 2024 | B. Riley Securities | Underperform | Underperform | Hold |
| Jun 20, 2024 | B. Riley | Buy | Buy | Hold |
| May 10, 2024 | Benchmark | Buy | Buy | Hold |
| May 10, 2024 | B. Riley | Buy | Buy | Hold |
| Apr 15, 2024 | Evercore ISI | Outperform | Initialise |
Onto Innovation's last stock rating was published by Needham on Nov 01, 2024. The company gave ONTO a "Buy" rating, the same as its previous rate.
Onto Innovation Financial Forecast
Onto Innovation Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $218.86M | - | $190.66M | $199.16M | $253.27M | $254.25M | $256.31M | $241.35M | - | $200.59M | $193.39M | $169.28M | $155.13M | $126.49M | $134.95M | $139.93M | $120.56M | $62.94M |
| Avg Forecast | $335.05M | $327.60M | $320.85M | $312.00M | $307.66M | $294.13M | $279.06M | $267.70M | $260.60M | $250.85M | $235.43M | $222.60M | $209.06M | $215.20M | $203.00M | $200.00M | $250.80M | $250.20M | $241.81M | $232.00M | $215.21M | $195.34M | $177.72M | $162.22M | $150.54M | $128.08M | $134.58M | $135.30M | $117.52M | $86.92M |
| High Forecast | $340.08M | $332.52M | $325.67M | $316.69M | $312.29M | $298.54M | $283.26M | $273.08M | $261.98M | $251.07M | $235.43M | $225.94M | $209.28M | $216.00M | $206.05M | $203.01M | $254.57M | $250.20M | $241.81M | $232.00M | $215.21M | $195.34M | $177.72M | $162.22M | $150.54M | $128.08M | $134.58M | $135.30M | $117.52M | $86.92M |
| Low Forecast | $329.59M | $322.26M | $315.62M | $306.92M | $302.65M | $289.33M | $274.52M | $260.70M | $257.52M | $250.63M | $235.43M | $218.97M | $208.98M | $215.00M | $199.69M | $196.74M | $246.72M | $250.20M | $241.81M | $232.00M | $215.21M | $195.34M | $177.72M | $162.22M | $150.54M | $128.08M | $134.58M | $135.30M | $117.52M | $86.92M |
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | 5 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 12 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | - | 0.94% | 1.00% | 1.01% | 1.02% | 1.06% | 1.04% | - | 1.03% | 1.09% | 1.04% | 1.03% | 0.99% | 1.00% | 1.03% | 1.03% | 0.72% |
Onto Innovation's average Quarter revenue forecast for Mar 24 based on 3 analysts is $222.60M, with a low forecast of $218.97M, and a high forecast of $225.94M. ONTO's average Quarter revenue forecast represents a 1.71% increase compared to the company's last Quarter revenue of $218.86M (Dec 23).
Onto Innovation EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | 5 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 12 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $43.04M | - | $24.81M | $42.86M | $75.03M | $73.13M | $74.38M | $75.14M | - | $59.86M | $52.45M | $42.94M | $31.65M | $26.71M | $24.94M | $14.04M | $-9.57M | $9.33M |
| Avg Forecast | $67.86M | $66.35M | $64.98M | $63.19M | $62.31M | $59.57M | $56.52M | $54.22M | $52.78M | $50.81M | $47.68M | $80.40M | $42.34M | $43.59M | $41.11M | $73.09M | $65.87M | $48.59M | $46.96M | $66.45M | $41.79M | $37.93M | $34.51M | $39.45M | $29.23M | $24.87M | $26.13M | $10.50M | $22.82M | $16.88M |
| High Forecast | $68.88M | $67.35M | $65.96M | $64.14M | $63.25M | $60.47M | $57.37M | $55.31M | $53.06M | $50.85M | $47.68M | $96.48M | $42.39M | $43.75M | $41.73M | $87.71M | $79.04M | $48.59M | $46.96M | $79.74M | $41.79M | $37.93M | $34.51M | $47.34M | $29.23M | $24.87M | $26.13M | $12.60M | $22.82M | $16.88M |
| Low Forecast | $66.75M | $65.27M | $63.93M | $62.16M | $61.30M | $58.60M | $55.60M | $52.80M | $52.16M | $50.76M | $47.68M | $64.32M | $42.33M | $43.55M | $40.45M | $58.47M | $52.69M | $48.59M | $46.96M | $53.16M | $41.79M | $37.93M | $34.51M | $31.56M | $29.23M | $24.87M | $26.13M | $8.40M | $22.82M | $16.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | - | 0.60% | 0.59% | 1.14% | 1.51% | 1.58% | 1.13% | - | 1.58% | 1.52% | 1.09% | 1.08% | 1.07% | 0.95% | 1.34% | -0.42% | 0.55% |
3 analysts predict ONTO's average Quarter EBITDA for Mar 24 to be $80.40M, with a high of $96.48M and a low of $64.32M. This is 86.80% upper than Onto Innovation's previous annual EBITDA (Dec 23) of $43.04M.
Onto Innovation Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | 5 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 12 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $30.31M | - | $25.90M | $29.07M | $66.21M | $52.22M | $51.58M | $53.33M | - | $36.45M | $35.05M | $24.11M | $19.91M | $8.09M | $7.42M | $-4.40M | $-17.75M | $6.56M |
| Avg Forecast | $102.62M | $99.39M | $95.91M | $91.44M | $92.06M | $85.78M | $79.88M | $74.73M | $69.88M | $65.60M | $59.56M | $56.81M | $50.05M | $47.10M | $41.54M | $51.64M | $45.85M | $64.93M | $63.14M | $46.95M | $55.10M | $45.70M | $39.84M | $22.34M | $29.80M | $16.99M | $17.19M | $-3.60M | $19.17M | $19.17M |
| High Forecast | $104.62M | $101.33M | $97.78M | $93.22M | $93.86M | $87.46M | $81.44M | $76.27M | $71.39M | $65.75M | $59.57M | $68.17M | $50.56M | $48.02M | $42.36M | $61.97M | $55.02M | $65.81M | $63.14M | $56.34M | $55.10M | $45.70M | $39.84M | $26.81M | $29.80M | $16.99M | $17.19M | $-2.88M | $19.17M | $19.17M |
| Low Forecast | $100.45M | $97.28M | $93.88M | $89.50M | $90.11M | $83.97M | $78.19M | $71.64M | $67.37M | $65.45M | $59.55M | $45.45M | $48.53M | $46.60M | $40.66M | $41.31M | $36.68M | $64.05M | $63.14M | $37.56M | $55.10M | $45.70M | $39.84M | $17.87M | $29.80M | $16.99M | $17.19M | $-4.32M | $19.17M | $19.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.61% | - | 0.62% | 0.56% | 1.44% | 0.80% | 0.82% | 1.14% | - | 0.80% | 0.88% | 1.08% | 0.67% | 0.48% | 0.43% | 1.22% | -0.93% | 0.34% |
Onto Innovation's average Quarter net income forecast for Mar 24 is $56.81M, with a range of $45.45M to $68.17M. ONTO's average Quarter net income forecast represents a 87.43% increase compared to the company's last Quarter net income of $30.31M (Dec 23).
Onto Innovation SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | 5 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 12 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $27.55M | - | $34.79M | $34.87M | $34.36M | $33.57M | $35.22M | $32.12M | - | $29.43M | $31.68M | $28.66M | $26.16M | $26.28M | $27.79M | $33.22M | $43.84M | $13.07M |
| Avg Forecast | $63.02M | $61.62M | $60.35M | $58.68M | $57.87M | $55.32M | $52.49M | $50.35M | $49.01M | $47.18M | $44.28M | $34.21M | $39.32M | $40.48M | $38.18M | $31.10M | $34.75M | $46.84M | $45.27M | $28.28M | $40.29M | $36.57M | $33.27M | $26.56M | $28.18M | $23.98M | $25.19M | $27.18M | $22.00M | $16.27M |
| High Forecast | $63.96M | $62.54M | $61.25M | $59.56M | $58.74M | $56.15M | $53.28M | $51.36M | $49.27M | $47.22M | $44.28M | $41.06M | $39.36M | $40.63M | $38.75M | $37.32M | $41.70M | $46.84M | $45.27M | $33.93M | $40.29M | $36.57M | $33.27M | $31.87M | $28.18M | $23.98M | $25.19M | $32.61M | $22.00M | $16.27M |
| Low Forecast | $61.99M | $60.61M | $59.36M | $57.73M | $56.92M | $54.42M | $51.63M | $49.03M | $48.43M | $47.14M | $44.28M | $27.37M | $39.31M | $40.44M | $37.56M | $24.88M | $27.80M | $46.84M | $45.27M | $22.62M | $40.29M | $36.57M | $33.27M | $21.24M | $28.18M | $23.98M | $25.19M | $21.74M | $22.00M | $16.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | - | 0.91% | 1.12% | 0.99% | 0.72% | 0.78% | 1.14% | - | 0.80% | 0.95% | 1.08% | 0.93% | 1.10% | 1.10% | 1.22% | 1.99% | 0.80% |
Onto Innovation's average Quarter SG&A projection for Mar 24 is $34.21M, based on 3 Wall Street analysts, with a range of $27.37M to $41.06M. The forecast indicates a 24.17% rise compared to ONTO last annual SG&A of $27.55M (Dec 23).
Onto Innovation EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 6 | 6 | 5 | 3 | 3 | 4 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 8 | 8 | 8 | 12 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.61 | - | $0.53 | $0.60 | $1.35 | $1.05 | $1.04 | $1.08 | - | $0.74 | $0.71 | $0.49 | $0.41 | $0.17 | $0.15 | $-0.09 | $-0.35 | $0.26 |
| Avg Forecast | $2.06 | $2.00 | $1.93 | $1.84 | $1.85 | $1.73 | $1.61 | $1.50 | $1.41 | $1.32 | $1.20 | $1.08 | $1.01 | $0.95 | $0.84 | $0.89 | $1.32 | $1.31 | $1.27 | $1.17 | $1.11 | $0.92 | $0.80 | $0.69 | $0.60 | $0.34 | $0.35 | $0.34 | $0.39 | $0.39 |
| High Forecast | $2.11 | $2.04 | $1.97 | $1.88 | $1.89 | $1.76 | $1.64 | $1.53 | $1.44 | $1.32 | $1.20 | $1.08 | $1.02 | $0.97 | $0.85 | $0.90 | $1.35 | $1.32 | $1.27 | $1.17 | $1.11 | $0.92 | $0.80 | $0.69 | $0.60 | $0.34 | $0.35 | $0.34 | $0.39 | $0.39 |
| Low Forecast | $2.02 | $1.96 | $1.89 | $1.80 | $1.81 | $1.69 | $1.57 | $1.44 | $1.36 | $1.32 | $1.20 | $1.08 | $0.98 | $0.94 | $0.82 | $0.87 | $1.30 | $1.29 | $1.27 | $1.17 | $1.11 | $0.92 | $0.80 | $0.69 | $0.60 | $0.34 | $0.35 | $0.34 | $0.39 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.61% | - | 0.63% | 0.68% | 1.02% | 0.80% | 0.82% | 0.93% | - | 0.80% | 0.89% | 0.71% | 0.68% | 0.50% | 0.43% | -0.26% | -0.92% | 0.67% |
According to 3 Wall Street analysts, Onto Innovation's projected average Quarter EPS for Mar 24 is $1.08, with a low estimate of $1.08 and a high estimate of $1.08. This represents a 77.13% increase compared to ONTO previous annual EPS of $0.61 (Dec 23).
Onto Innovation Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ACLS | Axcelis | $74.83 | $174.00 | 132.53% | Buy |
| VECO | Veeco Instruments | $28.01 | $55.00 | 96.36% | Buy |
| AEHR | Aehr Test Systems | $14.54 | $25.00 | 71.94% | Buy |
| CAMT | Camtek | $76.68 | $119.50 | 55.84% | Buy |
| UCTT | Ultra Clean | $37.08 | $57.00 | 53.72% | Buy |
| ONTO | Onto Innovation | $172.23 | $258.33 | 49.99% | Buy |
| ICHR | Ichor | $31.73 | $45.00 | 41.82% | Buy |
| IPGP | IPG Photonics | $76.34 | $100.00 | 30.99% | Buy |
| KLIC | Kulicke and Soffa Industries | $49.83 | $65.00 | 30.44% | Hold |
| KLAC | KLA | $654.88 | $822.50 | 25.60% | Buy |
| LRCX | Lam Research | $77.81 | $96.00 | 23.38% | Buy |
| TER | Teradyne | $128.01 | $148.38 | 15.91% | Buy |
| COHU | Cohu | $27.41 | $30.00 | 9.45% | Buy |
| PLAB | Photronics | $26.23 | $25.50 | -2.78% | Buy |