ONTO Stock Recent News

Onto Innovation is a little-known player in semiconductor manufacturing equipment. The company is making great financial strides along with the AI movement.

WILMINGTON, Mass.--(BUSINESS WIRE)---- $ONTO--Onto Innovation Inc. (NYSE: ONTO) today announced it will be exhibiting at SEMICON West on July 9-11, 2024. Onto Innovation invites customers to booth 633 to learn about the Company's latest portfolio of integrated process and process control solutions being used to support its customers' ramp of AI products. Onto will feature a selection of its latest technologies helping to enable advanced packaging, including lithography for next generation AI and chiplet.

Onto Innovation (ONTO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

In the most recent trading session, Onto Innovation (ONTO) closed at $219.45, indicating a -1.85% shift from the previous trading day.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Foundations are being poured for chip foundries in America, Asia, and Europe, with tens of billions in government and industry commitments.

Onto Innovation's (ONTO) performance benefits from strong demand for its Dragonfly inspection system.

Onto Innovation's (ONTO) Q1 top-line performance gains from continued momentum for the Dragonfly inspection system.

Onto Innovation (ONTO) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.92 per share a year ago.

ONTO Innovation's (ONTO) first-quarter performance is expected to have benefited from its Dragonfly inspection system.