Onto Innovation, Inc. (ONTO)

In the past six months, Onto Innovation's stock price has experienced significant growth, surging by 100.48%. The company reported its Q3 2025 earnings on November 6, 2025, posting an EPS of $0.92, which surpassed analysts' expectations of $0.89 by 3.37%. In November 2025, Onto Innovation completed the acquisition of unique materials composition and electrical analysis product lines from Semilab International, expected to add over $130 million in annual revenue. On December 22, 2025, Onto Innovation received a TSMC Honor for "Excellent Production Support." Several research firms have updated their ratings and price targets for ONTO.

The semiconductor industry is known for its cyclical nature, but Onto Innovation is currently experiencing strong demand driven by advanced packaging customers, particularly for silicon carbide (SiC) power devices used in electric vehicles (EVs). The increasing demand for high-performance computing and AI devices is also a major driver. The global semiconductor equipment market is projected for substantial growth, fueled by AI demand and ongoing technology transitions. The company's revenue has shown consistent growth, with a record revenue of $267 million in Q1 2025.

Onto Innovation, Inc. is an American semiconductor company formed in 2019 from the merger of Rudolph Technologies, Inc. and Nanometrics Incorporated, operating in the Semiconductor Equipment & Materials industry. The company specializes in designing, developing, manufacturing, and supporting high-performance control metrology, defect inspection, lithography, and data analysis systems for microelectronic device manufacturers. Its solutions are crucial for semiconductor fabrication, packaging, and testing, and are utilized in various industrial and scientific applications. The company is also a supplier of wafer fab equipment (WFE).

Onto Innovation has a global presence with operations in the United States, Southeast Asia, China, Japan, and Europe. Taiwan and South Korea are significant sources of revenue. The company's headquarters are located in Wilmington, Massachusetts, and it supports customers through a worldwide sales and service organization.

Onto Innovation has maintained a strong brand reputation in the past year, particularly within the semiconductor industry. Receiving the "Excellent Production Support" honor from TSMC in December 2025 positively impacted its reputation. The company is recognized for its technological leadership and diverse product portfolio, offering cutting-edge metrology and inspection systems critical for semiconductor manufacturing. Its focus on advanced packaging and strategic partnerships further solidify its standing as a crucial supplier.

Institutional investors primarily hold Onto Innovation's ownership, owning approximately 55.62% of the company's stock. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., William Blair Investment Management, Llc, iShares Core S&P Mid-Cap ETF (IJH), Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), State Street Corp, Wellington Management Group Llp, Vanguard Small-Cap Index Fund Investor Shares (NAESX), Franklin Resources Inc, and Paradigm Capital Management Inc/ny. Insider ownership accounts for about 0.84% of the company's shares.