NYSE: ONTO

Onto Innovation (ONTO) Stock Analysis & Forecast

Sep 28 close

$288.74+1.10 (+0.4%)

Gekko Brief

AI summary

Onto Innovation's week centers on its Dragonfly G5 product gaining momentum, with AI packaging demand driving qualifications, volume orders and an upgraded 2026 growth outlook. This builds on the company's Q2 2026 results, which showed revenue of $343.13 million, up 35.3% year-over-year, and adjusted EPS of $1.93 versus an estimate of $1.68, alongside positive Q3 guidance. Brokerage sentiment remains favorable, with nine firms currently rating the stock buy, none at hold or sell, and a consensus price target of $386.36 implying 33.8% upside from current levels; a separate report cited an average target of $378.00 from thirteen brokerages. A shareholder investigation notice regarding potential fiduciary breaches by officers and directors has also surfaced this week.

The stock closed at $288.74, up 0.4%, sitting above both its 50-day average of $280.83 and 200-day average of $250.54, with the shorter average above the longer one. The GekkoIndex reads 55.1, placing it in the Neutral zone, down 4.6 over the past five sessions. Price sits 2.1% above Gekko Fair Value of $282.90, keeping the two closely aligned.

The next earnings report is set for 5 November, 37 days out and after the close, falling outside a typical 20-trading-day holding window. Smart money data shows one billionaire holder and one trailblazer holder, with no insider, Congress, or options signals recorded in their respective windows. Seasonality over the next 20 trading days has averaged -1.9% across 5 years, rising in 2 of those instances, a pattern worth noting given the stock's typical 20-day move of 9%.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Onto Innovation price vs fair value

$288.74$282.90Sep ’25Mar ’26Sep ’26
Close $288.74200-day averageGekko Fair Value $282.90

Onto Innovation quick facts

Market cap
$14.36B
P/E ratio
105.2
Forward P/E
22.8
EPS, TTM
$2.66
Revenue, TTM
$1.12B
Profit margin
11.8%
Dividend yield
—
Beta
1.58
Volume
395,812 avg 843,415
1-year return
+125.7%
Typical daily move
±4.9%
Typical 20-day move
±9%
50-day average
$280.83
200-day average
$250.54
Next earnings
Nov 5 after close
Shares outstanding
61.12M
52-week range
$118.97$386.46

Onto Innovation swing-trade checklist

Onto Innovation scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $288.74 is above the 50-day ($280.83) and 200-day ($250.54) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    55.1, Neutral

    Reading 55.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    2.1% above

    Price is within 5% of Gekko Fair Value (2.1% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 37 days

    Next report Nov 5, 2026, 37 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.9% on average

    From this point in the calendar, the next 20 trading days averaged −1.9% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Onto Innovation stock chart and price history

Onto Innovation closed at $288.74 on Sep 28, 2026, +125.7% over the past year, inside a 52-week range of $118.97 to $386.46.

Close50-day average200-day averageVolume
Onto Innovation share price, past year, with 50-day and 200-day moving averages and volume$100$200NovDecJan 2026FebMarAprMayJunJulAugSep288.74

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.3%
3 months
−17.8%
6 months
+41.4%
1 year
+125.7%
The full ONTO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ONTO in Gekko

Follow Onto Innovation through every session

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About Onto Innovation

Onto Innovation builds inspection and measurement equipment for manufacturers who need to catch defects and fine-tune their production lines. Its lineup spans large-defect scanning tools, optical metrology systems that read surfaces in two and three dimensions, and lithography machines, paired with software that analyzes the data these tools collect. The company has built its reputation around this pairing of physical inspection gear with analytical software aimed at improving output quality and reducing waste in complex manufacturing.

Some of its products are sold as dedicated machines built for a single purpose, like spotting large surface flaws, printing patterns during packaging, checking probe cards, or gauging the thickness of clear and opaque film layers. Others take the form of software that oversees anything from one machine to operations spanning a whole plant. Alongside these, the company sells replacement parts and licenses for its software. Its buyers include producers of chips, packaged devices, silicon wafers, LEDs, VCSELs, MEMS components, CMOS image sensors, power electronics, RF filters, and storage media, plus companies working in industrial and scientific research.

The business dates back to 1940, when it started under the name Rudolph Technologies, Inc., and it now runs out of Wilmington, Massachusetts. Its stock trades on the NYSE under the ticker ONTO.

Listed
NYSE
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Website
ontoinnovation.com

Onto Innovation GekkoIndex: the smart money zone

Onto Innovation’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.1, in the Neutral zone, down 4.6 points over five sessions.

010055.1Neutral

Down 4.6 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying23+3.8%+4.7%+1.0%−3.8%
Accumulation201+1.4%+3.5%+6.7%+4.5%
Neutral (current zone)388+0.3%+0.3%+1.6%+9.1%
Distribution57+0.9%+1.2%−0.7%+2.4%
Selling3Too few readings yet

Average ONTO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ONTO price, zone by zone.Track ONTO in Gekko

Is Onto Innovation stock overvalued? Gekko Fair Value

Onto Innovation trades 2.1% above Gekko Fair Value of $282.90, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Onto Innovation shares are worth, recalculated every trading day.

$282.90

Gekko Fair Value, Sep 26, 2026

2.1% above fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ONTO in Gekko

Onto Innovation insider and Congress trading

No open-market insider purchases were filed for Onto Innovation, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ONTO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ONTO insider filing, plotted on the chart in Gekko.Open ONTO in Gekko

Congress trades last 90 days

No trades in ONTO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ONTO, plotted on the chart in Gekko.Open ONTO in Gekko

Buybacks

Onto Innovation has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$205.0M
As a share of market cap
1.43%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold ONTO.

1added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Onto Innovation earnings: next date and track record

Onto Innovation reports on Nov 5, 2026, after the close (37 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±10.9%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−15.1%Oct ’24−10.8%Feb ’25−29.3%May ’25+14.3%Aug ’25+2.5%Nov ’25−1.6%Feb ’26−1.8%May ’26+11.7%Aug ’26
ReportedEPSSurpriseRevenueSurpriseMove
Aug 6, 2026$1.93
est $1.68
+14.9%$343.1M
est $325.3M
+5.5%+11.7%
May 5, 2026$1.42
est $1.42
0.0%$291.9M
est $292.0M
0.0%−1.8%
Feb 19, 2026$1.26
est $1.28
−1.6%$266.9M
est $267.3M
−0.2%−1.6%
Nov 6, 2025$0.92
est $0.89
+2.9%$218.2M
est $220.2M
−0.9%+2.5%
Aug 7, 2025$1.25
est $1.27
−1.6%$253.6M
est $221.5M
+14.5%+14.3%
May 8, 2025$1.51
est $1.47
+2.7%$266.6M
est $268.5M
−0.7%−29.3%
Feb 6, 2025$0.98
est $1.14
−14.0%$263.9M
est $267.4M
−1.3%−10.8%
Oct 31, 2024$1.34
est $1.32
+1.5%$252.2M
est $259.2M
−2.7%−15.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Onto Innovation stock forecast and analyst price targets

Analysts’ average 12-month price target for Onto Innovation is $386.36, +33.8% from the last close, from 9 firms rating the stock in the last 90 days.

$386.36consensus 12-month target, +33.8% from the last close
Low $350High $450
Buy9
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 9 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 11Evercore ISIBuy, maintained$390+35.1%
Sep 8Morgan StanleyBuy, reiterated$360+24.7%
Aug 17Goldman SachsBuy, initiated$400+38.5%
Aug 7Evercore ISIBuy, maintained$390+35.1%
Aug 7Stifel NicolausBuy, reiterated$350+21.2%
+1.6%average 20-day move after past Neutral readings
−1.9%average move over the next 20 trading days in the last 5 years
±4.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Onto Innovation seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Onto Innovation averaged −1.9% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+2.8%2021−0.1%2022−9.9%2023−2.6%2024+3.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+5.1%4 of 5
Next 10 trading days+0.3%2 of 5
Next 15 trading days−2.2%2 of 5
Next 20 trading days−1.9%2 of 5
Next 30 trading days+8.7%4 of 5

For scale, ONTO’s typical 20-trading-day move in either direction is about 9%.

Onto Innovation market cap and key statistics

Onto Innovation’s market cap is $14.36B, with a P/E ratio of 105.2 and revenue of $1.12B over the last twelve months.

Valuation

Market cap
$14.36B
P/E ratio
105.2
Forward P/E
22.8
EPS, TTM
$2.66
Gekko Fair Value
$282.90

Trading

Volume
395,812
Avg volume, 20 days
843,415
52-week high
$386.46
52-week low
$118.97
Shares outstanding
61.12M

Financials

Revenue, TTM
$1.12B
Profit margin
11.8%
Return on equity
6.8%
Quarterly earnings growth, YoY
+75.4%

Risk and income

Beta
1.58
Typical daily move
±4.9%
Typical 20-day move
±9%

Onto Innovation peers

Onto Innovation’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
EMREmerson Electric+1.8%Neutral14.8% above
KEYSKeysight Technologies−0.4%Neutral14.3% above
QQnity Electronics+0.2%Neutral3.4% below
FTVFortive+0.3%Accumulation3.6% below
NXTNextpower−0.9%Accumulation24.6% below
NVMINova+1.4%Neutral1.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Onto Innovation stock FAQ

What is Onto Innovation’s market cap?

Onto Innovation’s market cap is $14.36B at the Sep 28, 2026 close of $288.74, with 61.12M shares outstanding. The shares trade on a P/E ratio of 105.2.

What is the Onto Innovation stock forecast?

The consensus analyst 12-month price target for Onto Innovation is $386.36, +33.8% from the last close. Of the 9 firms that rated the stock in the last 90 days, 9 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Onto Innovation stock overvalued or undervalued?

On Gekko’s estimate Onto Innovation is about fair value: the Sep 28, 2026 close of $288.74 is 2.1% above Gekko Fair Value of $282.90. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Onto Innovation report earnings next?

Onto Innovation is expected to report on Nov 5, 2026, after the market closes (37 days away). Analysts expect earnings of $2.27 per share on revenue of $392.2M. Onto Innovation beat the earnings estimate in 4 of its last 8 reports, moving 10.9% on average across the report.

What is Onto Innovation’s 52-week high and low?

Onto Innovation’s 52-week high is $386.46 and its 52-week low is $118.97; it closed at $288.74 on Sep 28, 2026, +125.7% over the past year.

Is Onto Innovation stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and earnings risk), 2 as mixed (gekkoindex and fair value) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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