Latest news with #OntoInnovationInc
Yahoo
21-05-2025
- Business
- Yahoo
Jefferies Downgrades Onto Innovation (ONTO) to Hold, Cuts PT
On Tuesday, May 20, Jefferies downgraded Onto Innovation Inc. (NYSE:ONTO) to 'Hold' from 'Buy' and reduced the price target to $110 from $135. This adjustment reflects concerns over the correction in the AI Packaging market, which is expected to continue through 2026. 2027 could be an important year for the company to prove it can win back market share. A technician observing a macro defect inspection process, the precision of the company's systems. The Jefferies analyst noted that it is not clear when Onto Innovation Inc. (NYSE:ONTO) will be resuming double-digit growth. The report also highlighted the potential for a lasting impact on the company's opportunity in the CoWoS (Chip on Wafer on Substrate) market. This market segment might be permanently affected. Onto Innovation Inc. (NYSE:ONTO) is an American company that operates in the semiconductor equipment and services industry. It continues to navigate a shifting landscape as the demand for AI packaging solutions is going through a period of correction. While we acknowledge the potential of ONTO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ONTO and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Onto Innovation to Participate in Upcoming Investor Events
WILMINGTON, Mass., May 15, 2025--(BUSINESS WIRE)--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: B. Riley Securities 25th Annual Institutional Investor Conference at the Ritz Carlton in Marina Del Ray, California, on May 22, 2025. TD Cowen 53rd Annual Technology, Media & Telecom Conference at the InterContinental New York Barclay, New York, New York, on May 28, 2025. Stifel 2024 Cross Sector Insight Conference at the InterContinental Hotel in Boston, Massachusetts, on June 3, 2025. Management will be available for one-on-one meetings at these conferences. To schedule a meeting, please contact your bank salesperson. About Onto Innovation Inc. Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain combined with our connected thinking approach results in a unique perspective to help solve our customers' most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers' critical path of progress by making them smarter, faster and more efficient. With headquarters and manufacturing in the U.S., Onto Innovation supports customers with a worldwide sales and service organization. Additional information can be found at Source: Onto Innovation Inc. ONTO-I View source version on Contacts Sidney Ho, +1 (626) Sign in to access your portfolio
Associated Press
15-05-2025
- Business
- Associated Press
Onto Innovation to Participate in Upcoming Investor Events
WILMINGTON, Mass.--(BUSINESS WIRE)--May 15, 2025-- 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: B. Riley Securities 25 th Annual Institutional Investor Conference at the Ritz Carlton in Marina Del Ray, California, on May 22, 2025. TD Cowen 53 rd Annual Technology, Media & Telecom Conference at the InterContinental New York Barclay, New York, New York, on May 28, 2025. Stifel 2024 Cross Sector Insight Conference at the InterContinental Hotel in Boston, Massachusetts, on June 3, 2025. Management will be available for one-on-one meetings at these conferences. To schedule a meeting, please contact your bank salesperson. About Onto Innovation Inc. Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain combined with our connected thinking approach results in a unique perspective to help solve our customers' most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers' critical path of progress by making them smarter, faster and more efficient. With headquarters and manufacturing in the U.S., Onto Innovation supports customers with a worldwide sales and service organization. Additional information can be found at Source: Onto Innovation Inc. ONTO-I View source version on CONTACT: Sidney Ho, +1 (626) 233-8431 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: PROFESSIONAL SERVICES SEMICONDUCTOR TECHNOLOGY OTHER TECHNOLOGY NANOTECHNOLOGY FINANCE SOURCE: Onto Innovation Inc. Copyright Business Wire 2025. PUB: 05/15/2025 08:08 AM/DISC: 05/15/2025 08:07 AM
Yahoo
14-04-2025
- Business
- Yahoo
Is Onto Innovation Inc. (ONTO) the Best Semiconductor Equipment Stock to Buy According to Analysts?
We recently published a list of the . In this article, we are going to take a look at where Onto Innovation Inc. (NYSE:ONTO) stands against other best semiconductor equipment stocks to buy according to analysts. As per Straits Research, the US semiconductor manufacturing equipment market size was pegged at US$13.2 billion in 2024. It is expected to grow from US$13.5 billion in 2025 to US$16.5 billion by 2033. This growth is expected to stem from increasing investments in domestic semiconductor manufacturing and the higher demand for advanced semiconductors in critical sectors, including artificial intelligence (AI), 5G, and EVs. Straits Research highlighted that the resurgence of semiconductor manufacturing in the US is aided by the government initiatives. The federal push is targeted at reducing the dependency on Asian imports as well as strengthening the domestic supply chains. Leading companies continue to establish new fabs in the US, which helps create demand for advanced wafer manufacturing and fabrication equipment. Overall, the increased requirement for high-performance chips in sectors including defense, telecommunications, and automotive further cements the growth of semiconductor equipment. READ ALSO: and . The rapid adoption of AI and 5G technologies in the United States continues to present strong opportunities for the broader semiconductor manufacturing equipment market, highlighted Straits Research. AI chips, primarily the ones utilized in data centers and autonomous vehicles, need advanced manufacturing techniques, fueling demand for cutting-edge equipment. Furthermore, the launch of 5G networks has been driving rapid production of semiconductors, which are capable of handling higher data transmission rates, further enhancing the need for advanced fabrication technology. The US is well-placed as a leader in AI and 5G development, with leading companies driving innovation, demonstrating strong growth potential. KPMG believes that Al is now the most important application fueling semiconductor companies' revenue as businesses continue to incorporate the technology in their digital transformations. As a result, the spending on Al semiconductors is projected to be $174 billion in 2025, which is expected to increase to $280 billion in 2028. KPMG also highlighted that semiconductor leaders opine that Al enablers (which include high-bandwidth memory) are the production technology that can have an impact on the broader industry over the upcoming 3 years. In an era in which Al applications are present in all the industries – ranging from autonomous vehicles to healthcare diagnostics, household devices to personalized recommendations—there remains a higher demand for semiconductors aiding Al capabilities. To list the 11 Best Semiconductor Equipment Stocks to Buy According to Analysts, we used a screener to shortlist the companies catering to the broader semiconductor equipment market. Next, we filtered out the stocks that analysts see significant upside to. The stocks are arranged in ascending order of their average upside potential, as of April 9. We also mentioned the hedge fund sentiments around each stock, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A technician observing a macro defect inspection process, the precision of the company's systems. Onto Innovation Inc. (NYSE:ONTO) is a leading player in the broader semiconductor industry as it specializes in design, manufacturing, development, and support of metrology as well as inspection tools critical for the semiconductor device fabrication. Stifel analysts maintained a 'Buy' rating on the company's stock, with the firm expecting growth in 2025 to be mainly aided by its wafer fabrication equipment (WFE)-oriented advanced nodes business. This business continues to gain traction in terms of customer, market, and product momentum. The firm's analysts believe that Onto Innovation Inc. (NYSE:ONTO) will outperform the overall industry growth in 2025, thanks to the strategies to penetrate new market opportunities as well as defend the existing positions. Overall, the growth in the semiconductor equipment market continues to fuel demand for Onto Innovation Inc. (NYSE:ONTO)'s advanced metrology, inspection, and lithography tools, with chipmakers continuing to adopt complex manufacturing processes and enhance the global fab capacity. Furthermore, dynamic trends, including AI and specialty semiconductors, have been enhancing its total addressable market. Invesco Distributors, Inc., an investment management firm, released its Q4 2024 investor letter. Here is what the fund said: 'Onto Innovation Inc. (NYSE:ONTO): The company is a semiconductor capital equipment manufacturer that provides process control solutions for microelectronics manufacturing, including defect inspection, metrology systems and software to enhance yield and reduce costs. The company has benefited from the artificial intelligence (AI) boom, but weakness during the quarter provided an attractive entry point for the fund.' Overall, ONTO ranks 1st on our list of best semiconductor equipment stocks to buy according to analysts. While we acknowledge the potential of ONTO as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than ONTO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
10-04-2025
- Business
- Yahoo
Onto Innovation to Report First Quarter 2025 Financial Results on May 8, 2025
WILMINGTON, Mass., April 10, 2025--(BUSINESS WIRE)--Onto Innovation Inc. (NYSE: ONTO) will release its 2025 first quarter results shortly after the market closes on May 8, 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 Mark Slicer, chief financial officer, will host the call. The call will take place: Thursday, May 8, 2025, at 4:30 p.m. (ET) To participate in the call, please dial (888) 256-1007 or international: +1 (929) 477-0448 and reference conference ID 6607568 at least five (5) minutes prior to the scheduled start time. A live webcast will also be available on the Company's website at To listen to the live webcast, please go to the website at least 15 minutes early to register, download and install any necessary audio software. There will be a replay of the conference call available for one year on the Company's website at About Onto Innovation Inc. Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: Un-patterned wafer quality; 3D metrology spanning chip features from nanometer scale transistors to large die interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain combined with our connected thinking approach results in a unique perspective to help solve our customers' most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers' critical path of progress by making them smarter, faster and more efficient. With headquarters and manufacturing in the U.S., Onto Innovation supports customers with a worldwide sales and service organization. Additional information can be found at Source: Onto Innovation View source version on Contacts Sidney Ho, +1 Sign in to access your portfolio
