B. Riley Forecasts Onto Innovation’s Q1 Earnings (NYSE:ONTO)

Onto Innovation Inc. (NYSE:ONTO) – Equities researchers at B. Riley raised their Q1 2026 EPS estimates for Onto Innovation in a research note issued to investors on Monday, November 17th. B. Riley analyst C. Ellis now expects that the semiconductor company will earn $1.20 per share for the quarter, up from their previous estimate of $1.15. B. Riley has a “Buy” rating and a $180.00 price objective on the stock. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share. B. Riley also issued estimates for Onto Innovation’s Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.50 EPS, Q4 2026 earnings at $1.55 EPS, FY2026 earnings at $5.47 EPS and FY2027 earnings at $6.63 EPS.

Onto Innovation (NYSE:ONTO) last posted its earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.03. Onto Innovation had a net margin of 19.29% and a return on equity of 14.38%. The firm had revenue of $218.19 million during the quarter, compared to analyst estimates of $220.23 million. During the same period in the previous year, the firm earned $1.34 EPS. The business’s quarterly revenue was down 13.5% on a year-over-year basis. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS.

A number of other equities analysts have also recently commented on ONTO. Needham & Company LLC reissued a “buy” rating and set a $150.00 target price on shares of Onto Innovation in a report on Tuesday. Stifel Nicolaus increased their price objective on shares of Onto Innovation from $110.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 13th. Jefferies Financial Group raised Onto Innovation from a “hold” rating to a “buy” rating and increased their price target for the company from $100.00 to $170.00 in a report on Tuesday, September 23rd. Oppenheimer raised their target price on Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Onto Innovation in a report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $151.25.

Onto Innovation Stock Up 5.5%

ONTO stock opened at $130.91 on Thursday. Onto Innovation has a 52 week low of $85.88 and a 52 week high of $228.42. The firm has a 50-day simple moving average of $130.96 and a 200-day simple moving average of $111.50. The stock has a market capitalization of $6.42 billion, a P/E ratio of 32.40, a P/E/G ratio of 0.94 and a beta of 1.64.

Institutional Trading of Onto Innovation

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Harbor Capital Advisors Inc. grew its holdings in shares of Onto Innovation by 63.9% during the second quarter. Harbor Capital Advisors Inc. now owns 23,906 shares of the semiconductor company’s stock worth $2,413,000 after buying an additional 9,324 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in shares of Onto Innovation in the second quarter valued at approximately $2,920,000. Nicholas Company Inc. raised its stake in shares of Onto Innovation by 31.9% during the second quarter. Nicholas Company Inc. now owns 38,816 shares of the semiconductor company’s stock worth $3,918,000 after purchasing an additional 9,385 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Onto Innovation in the 2nd quarter worth $1,997,000. Finally, IMA Advisory Services Inc. raised its holdings in Onto Innovation by 11.6% during the second quarter. IMA Advisory Services Inc. now owns 23,514 shares of the semiconductor company’s stock worth $2,373,000 after purchasing an additional 2,451 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

About Onto Innovation

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.