Onto Innovation (NYSE:ONTO) Issues Q4 2026 Earnings Guidance

Onto Innovation (NYSE:ONTO) updated its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.590-2.790 for the period, compared to the consensus earnings per share estimate of 2.470. The company issued revenue guidance of $430.0 million-$450.0 million, compared to the consensus revenue estimate of $409.5 million.

Analyst Ratings Changes

Several research analysts recently commented on ONTO shares. Zacks Research downgraded shares of Onto Innovation from a “strong-buy” rating to a “hold” rating in a report on Friday. Morgan Stanley dropped their price target on Onto Innovation from $383.00 to $360.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 8th. Royal Bank Of Canada started coverage on shares of Onto Innovation in a report on Friday, October 2nd. They issued an “outperform” rating and a $400.00 price objective on the stock. The Goldman Sachs Group started coverage on Onto Innovation in a report on Monday, August 17th. They issued a “buy” rating and a $400.00 target price on the stock. Finally, Stifel Nicolaus set a $305.00 price target on shares of Onto Innovation in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Onto Innovation currently has a consensus rating of “Moderate Buy” and an average target price of $366.82.

Onto Innovation Stock Performance

ONTO stock opened at $197.61 on Tuesday. The stock’s fifty day moving average price is $252.12 and its 200-day moving average price is $259.19. Onto Innovation has a 1 year low of $121.57 and a 1 year high of $386.46. The company has a market cap of $9.70 billion, a P/E ratio of 76.81, a price-to-earnings-growth ratio of 0.60 and a beta of 1.66. The company has a debt-to-equity ratio of 0.77, a current ratio of 9.73 and a quick ratio of 8.33.

Onto Innovation (NYSE:ONTO) last released its earnings results on Monday, November 9th. The semiconductor company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.14. The firm had revenue of $409.75 million during the quarter, compared to analysts’ expectations of $392.08 million. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%. The firm’s revenue was up 87.8% on a year-over-year basis. During the same quarter last year, the business posted $0.92 earnings per share. On average, equities analysts forecast that Onto Innovation will post 8.04 earnings per share for the current year.

Insider Buying and Selling

In other news, Director David Miller sold 2,000 shares of Onto Innovation stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $300.00, for a total transaction of $600,000.00. Following the completion of the sale, the director owned 10,692 shares of the company’s stock, valued at approximately $3,207,600. The trade was a 15.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Susan Lynch sold 1,000 shares of Onto Innovation stock in a transaction on Friday, August 21st. The shares were sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the transaction, the director owned 2,684 shares in the company, valued at $811,373.20. This represents a 27.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

More Onto Innovation News

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Q3 revenue reached a record $409.75 million, up 88% year over year, while EPS of $2.44 beat the roughly $2.30 consensus. Revenue, operating margin and EPS also exceeded the high end of the company’s prior non-GAAP guidance. Onto Innovation Reports 2026 Third Quarter Results
• Positive Sentiment: Q4 guidance is above consensus: Onto expects EPS of $2.59–$2.79 versus $2.47 and revenue of $430–$450 million versus $409.5 million. The company also reported a backlog exceeding $1.3 billion, supporting visibility into demand. Q4 outlook and backlog
• Neutral Sentiment: B. Riley cut its price target to $285 from $340 but kept its Buy rating, indicating a more cautious valuation view while remaining positive on the shares. B. Riley price-target update

Onto Innovation Company Profile

Onto Innovation develops process-control and inspection solutions used in semiconductor manufacturing. Its products include metrology and inspection systems, lithography equipment, and software that help manufacturers monitor production processes and identify defects.

The company serves producers of semiconductor devices, advanced packaging, and specialty components. Its technologies support applications ranging from traditional wafer fabrication to newer packaging methods used in complex chips.

Onto Innovation was formed in 2019 through the merger of Nanometrics and Rudolph Technologies.