B. Riley Has Negative Outlook of Onto Innovation Q2 Earnings

Onto Innovation Inc. (NYSE:ONTO) – Analysts at B. Riley dropped their Q2 2025 EPS estimates for shares of Onto Innovation in a report released on Thursday, May 8th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings of $1.28 per share for the quarter, down from their prior estimate of $1.42. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share. B. Riley also issued estimates for Onto Innovation’s Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.47 EPS, Q3 2026 earnings at $1.54 EPS and Q4 2026 earnings at $1.61 EPS.

Other analysts also recently issued reports about the stock. StockNews.com downgraded shares of Onto Innovation from a “hold” rating to a “sell” rating in a report on Friday, May 9th. Stifel Nicolaus dropped their target price on shares of Onto Innovation from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Jefferies Financial Group dropped their target price on shares of Onto Innovation from $245.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday, March 28th. Cantor Fitzgerald reissued a “neutral” rating and issued a $135.00 target price (down from $250.00) on shares of Onto Innovation in a research report on Monday, May 5th. Finally, Needham & Company LLC dropped their target price on shares of Onto Innovation from $230.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Onto Innovation currently has a consensus rating of “Moderate Buy” and an average target price of $177.14.

Onto Innovation Price Performance

NYSE ONTO opened at $99.19 on Monday. The company’s 50 day simple moving average is $122.48 and its 200 day simple moving average is $158.30. Onto Innovation has a 12 month low of $85.88 and a 12 month high of $238.93. The company has a market capitalization of $4.84 billion, a P/E ratio of 24.43, a PEG ratio of 0.89 and a beta of 1.55.

Onto Innovation (NYSE:ONTO) last released its earnings results on Thursday, May 8th. The semiconductor company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.04. Onto Innovation had a net margin of 20.43% and a return on equity of 14.24%. The business had revenue of $267.00 million for the quarter, compared to the consensus estimate of $267.03 million. During the same period in the previous year, the firm earned $1.18 EPS. The business’s revenue for the quarter was up 16.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brooklyn Investment Group grew its position in Onto Innovation by 3,690.9% during the first quarter. Brooklyn Investment Group now owns 417 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 406 shares in the last quarter. Versor Investments LP purchased a new position in Onto Innovation during the first quarter valued at approximately $546,000. Raymond James Financial Inc. grew its position in Onto Innovation by 10.3% during the first quarter. Raymond James Financial Inc. now owns 290,441 shares of the semiconductor company’s stock valued at $35,242,000 after purchasing an additional 27,094 shares in the last quarter. Cresset Asset Management LLC grew its position in Onto Innovation by 11.4% during the first quarter. Cresset Asset Management LLC now owns 1,765 shares of the semiconductor company’s stock valued at $214,000 after purchasing an additional 181 shares in the last quarter. Finally, Ethic Inc. grew its position in Onto Innovation by 14.0% during the first quarter. Ethic Inc. now owns 4,852 shares of the semiconductor company’s stock valued at $597,000 after purchasing an additional 594 shares in the last quarter. 98.35% of the stock is owned by hedge funds and other institutional investors.

Onto Innovation Company Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.