Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc has demonstrated robust performance, highlighted by a remarkable 101% year-over-year increase in power device sales, indicating strong demand in its market. The company's non-GAAP margins improved significantly, achieving 54.5% for both the September and December quarters, reflecting a year-over-year increase of 290 and 300 basis points, respectively. Furthermore, the forecast for 2025 anticipates a 21% growth in non-GAAP earnings per diluted share, expected to reach $6.45, suggesting a positive trajectory for the company’s financial health.
Bears say
Onto Innovation Inc. is experiencing reduced earnings projections, with a 6% decrease in estimated EPS for 2025 reflecting a negative impact from short-term inventory adjustments driven by AI. Additionally, a sequential decline in Software/Service sales, from $49 million to $46 million, indicates weakening demand and potential challenges in sustaining revenue growth. The company faces multiple risks, including delays in customer technology adoption and possible macroeconomic pressures, which contribute to an overall negative outlook for its financial 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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