Onto Innovation, Inc. (ONTO)

Over the past six months, Onto Innovation's stock price has experienced fluctuations. As of November 20, 2025, the share price was $125.28, representing a decline of 24.76% from November 21, 2024. Recent events impacting the stock include the Q3 2025 earnings report, Q4 2025 earnings guidance, analyst price target revisions, participation in investor events, and the acquisition of Semilab (Materials Analysis Business).

The semiconductor industry, which Onto Innovation heavily relies on, is subject to cyclical fluctuations and changes in technology trends. Demand for Onto Innovation's products and services can be influenced by broader economic conditions, inventory levels in the semiconductor industry, and investment cycles in different technology segments.

Onto Innovation Inc. is a leading American semiconductor company specializing in advanced process control and inspection solutions. It was formed in October 2019 through the merger of Nanometrics Incorporated and Rudolph Technologies and is headquartered in Wilmington, Massachusetts. The company operates within the semiconductor equipment industry, providing solutions that enable manufacturers to achieve higher yields, improved performance, and reduced costs. The company's core business segments include process control solutions, lithography systems, software solutions, and advanced materials characterization. Onto Innovation's products are utilized by semiconductor and advanced packaging device manufacturers, silicon wafer producers, and in the production of various specialty devices.

Onto Innovation has a global presence, with operations primarily in the United States, Southeast Asia, China, Japan, and Europe. Taiwan and South Korea are significant sources of the company's total revenue. The company has offices and provides technical product support and spare parts logistics in these regions, including specific locations in Oregon (USA), China, the Netherlands (Europe), Japan, Korea, and Singapore. Manufacturing operations for inspection and some metrology products are consolidated in Minnesota, most metrology manufacturing is in California, and stepper manufacturing is located in Wilmington, Massachusetts.

Onto Innovation generally maintains a strong brand reputation within the semiconductor equipment industry, often highlighted by its innovative technology, experienced leadership, and strong customer relationships. The company is recognized for its comprehensive product portfolio and strategic initiatives. Analysts have raised price targets amid growth momentum and market share recovery efforts. The cyclical nature of the semiconductor industry and intense competition are inherent risks that could indirectly affect perception.

The ownership structure of Onto Innovation (ONTO) stock is a mix of institutional, retail, and individual investors. Approximately 75.16% of the company's stock is owned by Institutional Investors, 0.92% by Insiders, and 23.91% by Public Companies and Individual Investors. Major institutional owners as of September 30, 2025, include Vanguard Group Inc., BlackRock, Inc., and William Blair Investment Management, LLC. The largest individual shareholder is Vincent J. Coates.