
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. demonstrated a robust performance in the power device segment, achieving a remarkable 101% year-over-year sales increase. The company recorded strong non-GAAP margins of 54.5% in both the September and December quarters, reflecting an improvement of 290 to 300 basis points year-over-year, indicating effective cost management and operational efficiency. Additionally, the forecast for 2025 indicates a positive outlook, with expected non-GAAP earnings projected to grow by 21% year-over-year, reaching $6.45 per diluted share.
Bears say
Onto Innovation Inc. has revised its earnings per share (EPS) estimates downward for 2025 and 2026, reflecting a 6% adjustment influenced by short-term inventory corrections related to AI technologies, indicating potential volatility in demand. Meanwhile, software and service sales experienced a sequential decline, falling from $49 million to $46 million, which might suggest weakening revenue stream stability in this segment. Additionally, several risks loom over the company’s outlook, including potential delays in customer technology roadmaps, cyclical downturns in semiconductor spending, and external factors such as geopolitical tensions and macroeconomic conditions, all posing significant threats to future performance.
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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