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ONTO

Onto InnovationD
NYSE / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
View Chart
Current thesis
The post-earnings bull case is that ONTO combined record Q1 revenue with higher sequential Q2 guidance and tangible advanced-node/HBM customer qualifications, which supports the positive deterministic prior if execution stays on track. [#8-K-2026-05-05]
Posture
Defensive
Lead driver
Value
What changed
3 setup hits (3d) with net bullish as of 2026-06-03.
What can break
GAAP gross margin compressed to 50.1% from 53.7% year over year, with the 10-Q citing higher excess/obsolete inventory write-downs and $6.1 million of Semilab inventory step-up amortization as important drags. [#8-K-2026-05-05] [#10-Q-2026-05-05]
Momentum
26
Value
58
Sentiment
55
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $285.00 · Bull $335.00 · Bear $225.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $265.71
Why
Momentum26 · Δ7d -13.8
Value58 · Δ7d +0.5
Sentiment55 · Δ7d +6.1
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
26
34% active weight
Current posture
7d trendImproving
Δ7d
-13.8
Δ21d
-23.4
Value
58
32% active weight
Current posture
7d trendFlat
Δ7d
+0.5
Δ21d
+1.6
Sentiment
55
33% active weight
Current posture
7d trendImproving
Δ7d
+6.1
Δ21d
+20.6
Why this grade

Composite grade D. Momentum 25.8 / Value 57.7 / Sentiment 54.5

Fundamentals (TTM)
As of 2026-06-02
Market Cap
$13.83B
Beta
1.49
Shares Out
49.65M
P/E (TTM)
50.2
P/S (TTM)
8.83
P/FCF (TTM)
33.86
Rev YoY
-13.5%
EPS YoY
-46.2%
Gross Margin
+54.8%
Op Margin
+16.1%
Net Debt
-$852.33M
Current Ratio
9.49
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology