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USTechnology

Onto Innovation Inc (ONTO)

US · Technology · Semiconductor Equipment & Materials

$250.03+2.62%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$343.1M
Revenue YoY
+35.3%
Net profit
$60.1M
Profit YoY
+77.2%
EPS
$1.93
EPS estimate
$1.68
Net margin
17.5%

EPS came in at 1.93 against a street estimate of 1.68 — a beat of 14.9%.

Key statistics

Market cap
$17.19B
P/E
105.3
Forward P/E
23.9
P/B
7.18
Book value
$39.21
EPS (TTM)
$2.67
52-week high
$386.46
52-week low
$111.37
50-day MA
$288.06
200-day MA
$244.05
Beta
1.58

Analyst view

Analysts rate Onto Innovation Inc a buy (6 buy, 3 hold, 0 sell out of 9) with an average price target of $386.36.

From the latest earnings call · 2026-08-06

CONFIDENT Onto delivered record Q2 revenue of $343M (+35% YoY), beating guidance across all metrics. Advanced nodes surged 50% QoQ; inspection/Dragonfly grew 30%. Backlog hit $1.1B, raising full-year guidance to 25%+ H2 growth. Q2 2026 Extended factories in Asia now provide parity capacity with US in-house footprint, with better cycle times and shift flexibility. No geographic breakout provided. Analysts pressed on backlog durability vs. steady-state, TAM vs. share splits, and capacity constraints. Management emphasized this reflects customer confidence in multiyear plans, not short-term volatility. Stressed they outperform market and have extended factory parity, so no near-term supply risk. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
0.66%
Institutions
101.10%

Largest institutional holders

FundStake
BlackRock Inc11.28%
Vanguard Portfolio Management, LLC5.59%
Vanguard Capital Management, LLC4.53%
State Street Corp3.06%
Geode Capital Management, LLC2.47%
Point72 Asset Management, L.P.2.45%
Paradigm Capital Management, Inc.2.24%
VOYA INVESTMENT MANAGEMENT LLC1.87%

Recent filings & reports

DocumentDate
Acquisition completed · Q3 2026
ONTO INNOVATION INC. - 8-K SUMMARY HEADLINE NUMBERS • Acquisition completed August 10, 2026: Onto Innovation acquired 27% of Rigaku Holdings Corpora
2026-08-10
Quarterly report · Q2 2026
ONTO INNOVATION INC. – 10-Q SUMMARY (Q2 2026) --- HEADLINE NUMBERS • Revenue (Q2 2026): $343.1 million, up 35% YoY from $253.6 million (Q2 2025) •
2026-08-06
Results announced · Q3 2026
ONTO INNOVATION INC. – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $343.1 million – up 35.3% year-over-year from $253.6 million in
2026-08-06
Material agreement · Q2 2026
ONTO INNOVATION INC. – 8-K SUMMARY (May 21, 2026) HEADLINE NUMBERS • Company issued $1,500,000,000 aggregate principal amount of 0.00% Convertible S
2026-05-21
Shareholder vote results · Q2 2026
ONTO INNOVATION INC. - 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held May 20, 2026 at corporate headquarters in Wilmington, Massachusetts • Comp
2026-05-20
Quarterly report · Q1 2026
ONTO INNOVATION INC. – Q1 2026 (10-Q) SUMMARY HEADLINE NUMBERS • Revenue: $291.9 million (Q1 2026) vs. $266.6 million (Q1 2025) = +9.5% year-over-ye
2026-05-05
Proxy statement · Q2 2026
ONTO INNOVATION INC. — 2026 PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Election of Seven Directors — Vote FOR all nominees: Stephen
2026-04-06
Annual report FY2026
ONTO INNOVATION INC. – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Market capitalization: $4.82 billion (as of June 27, 2025) • Shares outs
2026-02-24

Readable in the app.

Deals & corporate news

AnnouncementDate
Share purchase agreement with Atom Investment, L.P. dated April 21, 2026
Onto Innovation Inc. filed an 8-K on August 10, 2026, disclosing a Share Purchase Agreement dated April 21, 2026 with Atom Investment, L.P. The filing itself contains minimal substantive det
2026-08-10
Strategic partnership with Rigaku; 27% ownership stake acquisition for $710M
Onto Innovation reported record Q1 2026 revenue of $292 million, up 9.5% year-over-year and 10% sequentially. The company achieved key product milestones: its Dragonfly G5 inspection system
2026-05-05
Company enters into purchase agreement to acquire another business
Onto Innovation Inc. announced it entered into a purchase agreement (dated April 21, 2026) with Atom Investments, L.P. to complete a transaction. To finance this deal, the company secured a
2026-04-21
Exceeds Q1 guidance and raises Q2 outlook; Dragonfly G5 qualified
Onto Innovation announced successful qualification of its Dragonfly G5 system for advanced AI packaging applications, with first shipments expected in June 2026. The company exceeded Q1 2026
2026-04-16
Volume purchase agreement worth $240M for Dragonfly systems through 2027
Onto Innovation reported record Q4 2025 revenue of $267 million and full-year revenue of $1.005 billion, but earnings declined significantly year-over-year. Q4 non-GAAP EPS fell to $1.26 fro
2026-02-19

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Data updated 2026-09-18.