Onto Innovation downgraded by Jefferies with a new price target
$ONTO
Industrial Machinery/Components
Industrials
Jefferies downgraded Onto Innovation from Buy to Hold and set a new price target of $110.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/20/2025 | $110.00 | Buy → Hold | Jefferies |
| 5/5/2025 | $135.00 | Overweight → Neutral | Cantor Fitzgerald |
| 1/13/2025 | $250.00 | Overweight | Cantor Fitzgerald |
| 9/25/2024 | $260.00 | Outperform | Oppenheimer |
| 8/19/2024 | Hold → Buy | Needham | |
| 5/13/2024 | $190.00 → $265.00 | Buy | Jefferies |
| 5/10/2024 | $235.00 → $250.00 | Buy | B. Riley Securities |
| 4/16/2024 | $235.00 | Outperform | Evercore ISI |
Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation," "Onto," or the "Company") today announced that its senior management team will participate in the following upcoming investor events: Oppenheimer 28th Annual Virtual Technology, Internet & Communications Conference on August 12. Needham 6th Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 20. Evercore 2025 Semiconductor, IT Hardware & Networking Conference at the Peninsula Chicago Hotel in Chicago, Illinois, on August 26. Jefferies Semiconductor, IT Hardware & Communications Technology Conference at the Four Seasons Chicago in Chicago, Illinois, on August 27. Benchmark 2025 Tech, Media & Telecom Conference at the
Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation," "Onto," or the "Company") today announced financial results for the second quarter of 2025. Second Quarter Business and Financial Highlights: Delivered a strong second quarter highlighted by revenue exceeding the midpoint of Onto's previously announced guidance range. Expanded Dragonfly® 3Di metrology footprint, shipping tools to more than 10 customers across a growing range of applications, including co-packaged optics and advanced 2.5D logic packaging. Strong adoption of sub-surface defect inspection with greater than 20 Dragonfly systems shipped in the quarter for advanced applications in AI packaging. Announced acquisiti
SANTA CLARA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Multibeam Corp. today announced that it has raised $31 million in Series B funds from global investors led by Onto Innovation Inc. (NYSE:ONTO), a leader in process control solutions for advanced nodes and advanced packaging, and Lam Capital, the venture capital arm of Lam Research Corp. (NASDAQ:LRCX), a global provider of wafer fabrication equipment and services for the semiconductor industry. Participants also include UMC Capital, the venture capital arm of UMC Corp. (NYSE:UMC), and MediaTek Capital, the venture capital arm of MediaTek Inc. (TWSE: 2454.TW). Several leading financial and corporate investors also contributed to the over
Jefferies downgraded Onto Innovation from Buy to Hold and set a new price target of $110.00
Cantor Fitzgerald downgraded Onto Innovation from Overweight to Neutral and set a new price target of $135.00
Cantor Fitzgerald initiated coverage of Onto Innovation with a rating of Overweight and set a new price target of $250.00
3 - ONTO INNOVATION INC. (0000704532) (Issuer)
3 - ONTO INNOVATION INC. (0000704532) (Issuer)
4 - ONTO INNOVATION INC. (0000704532) (Issuer)
Company names Brian Roberts as chief financial officer and Shirley Chen as senior vice president of customer success Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation," "Onto," or the "Company") today announced the appointment of Brian Roberts as chief financial officer and Shirley Chen as senior vice president of customer success, strengthening its leadership team as the Company continues to advance its strategic objectives. Both appointments are effective as of June 16, 2025. "The semiconductor industry remains one of the fastest-paced sectors globally," says Mike Plisinski, chief executive officer of Onto Innovation. "Sustaining this pace while transforming the organization to achie
Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation", "Onto", or the "Company") today announced Dr. Stephen Schwartz has joined its board of directors. With over 25 years of leadership experience in high technology companies, Dr. Stephen Schwartz brings a strong background in technical leadership to Onto Innovation's board of directors. He currently serves as president and chief executive officer of Azenta, Inc., formerly Brooks Automation, Inc., since October 2010. Brooks Automation was a leading provider of manufacturing automation solutions for the semiconductor industry and life sciences. In February 2022, under Dr. Schwartz's leadership, Brooks Automation separated its business into t
NEW YORK, Oct. 13, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the opening of trading on Wednesday, October 18: Lululemon Athletica Inc. (NASD:LULU) will replace Activision Blizzard Inc. (NASD:ATVI) in the S&P 500. S&P 500 and S&P 100 constituent Microsoft Corp. (NASD: MSFT) acquired Activision Blizzard in a transaction completed today, October 13. S&P MidCap 400 constituent Hubbell Inc. (NYSE:HUBB) will replace Organon & Co. (NYSE:OGN) in the S&P 500, S&P SmallCap 600 constituent Onto Innovation Inc. (NYSE:ONTO) will replace Hubbell in the S&P MidCap 400, and Organon & Co will re
SC 13G/A - ONTO INNOVATION INC. (0000704532) (Subject)
SC 13G/A - ONTO INNOVATION INC. (0000704532) (Subject)
SC 13G/A - ONTO INNOVATION INC. (0000704532) (Subject)
Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation," "Onto," or the "Company") today announced financial results for the second quarter of 2025. Second Quarter Business and Financial Highlights: Delivered a strong second quarter highlighted by revenue exceeding the midpoint of Onto's previously announced guidance range. Expanded Dragonfly® 3Di metrology footprint, shipping tools to more than 10 customers across a growing range of applications, including co-packaged optics and advanced 2.5D logic packaging. Strong adoption of sub-surface defect inspection with greater than 20 Dragonfly systems shipped in the quarter for advanced applications in AI packaging. Announced acquisiti
Onto Innovation Inc. (NYSE:ONTO) will release its 2025 second quarter results shortly after the market closes on August 7, 2025. Onto Innovation will host a conference call and audio webcast in connection with its release of the financial results. Michael P. Plisinski, chief executive officer, and Brian Roberts, chief financial officer, will host the call. The call will take place: Thursday, August 7, 2025, at 4:30 p.m. (ET) To participate in the call, please dial (888) 394-8218 or international: +1 (646) 828-8193 and reference conference ID 8788805 at least five (5) minutes prior to the scheduled start time. A live webcast will also be available on the Company's website at www.ontoinno
Record quarterly revenue boosted by growth in advanced nodes Onto Innovation Inc. (NYSE:ONTO) ("Onto Innovation," "Onto," or the "Company") today announced financial results for the first quarter of 2025. First Quarter Financial Highlights Record revenue of $267 million, marking the seventh consecutive quarter of growth. GAAP gross margin of 54% and non-GAAP gross margin of 55%. GAAP operating income of $63 million and non-GAAP operating income of $76 million. GAAP diluted earnings per share of $1.30; non-GAAP diluted earnings per share of $1.51. Record cash from operations of $92 million, or 35% of revenue. First Quarter Business Highlights Advanced nodes revenue doubled qu
10-Q - ONTO INNOVATION INC. (0000704532) (Filer)
8-K - ONTO INNOVATION INC. (0000704532) (Filer)
8-K/A - ONTO INNOVATION INC. (0000704532) (Filer)