▲ +23.34% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Onto Innovation in the last 3 months. The average price target is $76.00, with a high forecast of $98.00 and a low forecast of $50.00. The average price target represents a 23.34% upside from the last price of $61.62.
The current consensus among 4 contributing investment analysts is to buy stock in Onto Innovation. This Buy consensus rating has held steady for over two years.
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and metrology, lithography systems, and process control analytical software worldwide. It offers process and yield management solutions, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging lithography, probe card test and analysis, and transparent and opaque thin film measurements; and process control software portfolio that includes solutions for standalone tools, groups of tools, or factory-wide suites. The company also provides spare parts and software licensing services. Its products are used by semiconductor wafer and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; RF filter; data storage; and various industrial and scientific applications. The company was formerly known as Rudolph Technologies, Inc. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.