
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. is positioned favorably within the semiconductor sector as it benefits from a robust outlook for wafer fabrication equipment (WFE) across critical markets such as foundry, DRAM, and NAND. The company boasts a strong financial standing with nearly $1 billion in net cash and is expected to see consensus earnings per share (EPS) lift by 10-15% following the upcoming Semilab acquisition, underscoring its potential for continued market share gain, particularly in key segments like optical thin-film metrology and advanced packaging. Additionally, Onto is poised to capitalize on significant growth trends, such as increased memory bit growth and the push for advanced packaging solutions, driven by a strong demand in the emerging data economy.
Bears say
The analysis indicates a negative outlook for Onto Innovation, primarily due to projections of flat or declining wafer fabrication equipment (WFE) market conditions in 2025 and 2026, coupled with a potential loss of market share in key segments like optical thin-film metrology and advanced packaging inspection. The company is also facing challenges in ramping its panel-level lithography business, with organic revenue growth expected to slow to approximately 5% year-over-year. Additionally, risks such as trade barriers, regulatory pressures, and high customer concentration suggest that Onto Innovation's earnings power and overall valuation may be under significant strain.
This aggregate rating is based on analysts' research of Onto Innovation and is not a guaranteed prediction by Public.com or investment advice.
Onto Innovation (ONTO) Analyst Forecast & Price Prediction
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