
Onto Innovation (ONTO) Stock Forecast & Price Target
Onto Innovation (ONTO) Analyst Ratings
Bulls say
Onto Innovation Inc. is positioned favorably within the semiconductor manufacturing sector, benefiting from robust trends such as memory bit growth and the adoption of advanced packaging technologies. The company's financial outlook has improved significantly, with a projected consensus EPS increase of 10–15% driven by the anticipated closing of the Semilab acquisition and a strengthened portfolio that includes nearly $1 billion in net cash. Furthermore, Onto is set to capitalize on the growing demand for AI infrastructure, bolstered by the imminent launch of its next-generation Dragonfly G5 platform, which is expected to enhance its market share and performance in key segments.
Bears say
Onto Innovation Inc. faces a challenging outlook as it is projected that wafer fab equipment (WFE) revenue will either remain flat or decline in 2025 and 2026, compounded by losing market share in critical segments such as optical thin-film metrology and advanced packaging inspection. Despite strong potential in certain areas, including projected 18% growth in Advanced Nodes, overall organic revenue growth is estimated at only 5% year-on-year due to a cautious stance on capital expenditures in advanced packaging. Additionally, various external risks such as trade barriers, regulatory pressures, and high customer concentration present significant threats that could adversely affect the company's earnings potential and valuation.
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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