Reading the tape
NYSE: ONTO
Onto Innovation Inc.
Technology · Semiconductors
Market Cap
$15.19B
52w High
$316.00
52w Low
$85.88
P/E
110.21
Volume
876.18K
Outstanding Shares
49.74M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 147.87%Revenue (TTM): 1.82%FCF (TTM): 40.24%P/FCF: 88th pct
What changed
The stock rose 147.87% over the last year. Revenue grew 1.82% over the trailing twelve months. Operating margin moved from 18.95% to 13.22%. Free cash flow grew 40.24% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 13.22%. A decisive move in revenue — currently up 1.82% — would be the clearest signal to resolve the ambiguity.
Company profile
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D/3D optical metrology, lithography systems, and process control analytical software worldwide.
CEOMichael Plisinski
SectorTechnology
IndustrySemiconductors
Employees1,551
IPO dateOct 28, 2019
Valuation
Forward P/E—
EV/EBITDA35.01
Enterprise value$7.82B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth1.11%
Gross margin49.72%▼4.75%vs FY2024
Operating margin13.22%▼30.22%vs FY2024
ROE6.51%▼37.83%vs FY2024
Analyst consensus
RatingBuy
Target price$308.33▲0.95%
11
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $1.38 · Revenue est $292M
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