
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. is projected to experience significant growth, with its Advanced Node revenue expected to double from the previous year and surpass the total revenue for all of 2024 in the first half of 2025. The company has demonstrated a robust performance in the first quarter of 2025, as Advanced Node revenue nearly doubled quarter-over-quarter, returning to levels seen in 2022, driven by demand in advanced logic, DRAM, and NAND markets. Additionally, with nearly $1 billion in net cash and a strong position in the AI packaging sector, Onto Innovation is well-positioned to capitalize on the increasing investor appetite for AI infrastructure enablers.
Bears say
Onto Innovation's revenue from Specialty Devices and Advanced Packaging has experienced a sequential decline, primarily driven by reduced demand in AI packaging and a decrease in mature node sales from China. Additionally, management's guidance for 2Q25 indicates lower sequential revenue expectations due to a downturn in foundry and logic segments compared to 1Q25. The company also reported a disappointing loss of market share to KLAC in the 2.5D category, prompting a downward revision of its projected top-line growth for 2025 to flat.
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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