Added to YB: 2026-05-12
Pitch date: 2026-05-10
ONTO [neutral]
Onto Innovation Inc.
+1.29%
current return
Author Info
No bio for this author
Company Info
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.
Market Cap
$14.2B
Pitch Price
$283.85
Price Target
350.00 (+23%)
Dividend
N/A
EV/EBITDA
50.60
P/E
132.41
EV/Sales
13.11
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Onto Innovation $ONTO 2026 Q1 Financial Report Analysis
ONTO (earnings): Q1 rev $291.9M (+9.5% YoY, beat est $285.5M), EPS $1.42 (beat $1.37). Non-GAAP gross margin 55.7%, Q2 guide 56%-56.5%. Advanced nodes +13% Q1, +25% FY26 guide driven by AI packaging/HBM/GAA. Dragonfly G5 certified by 2.5D/HBM leaders, Atlas G6 wins 2nd GAA logic customer. $710M Rigaku acquisition (27% stake) adds X-ray to optical tech, creates hybrid metrology moat. Q2 guide $320-330M rev, 28%+ op margin. FY26 EPS est $6.80-7.20, 40-42x fwd P/E. DCF fair value $295-310, upside to $350 if GAA adoption accelerates.
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