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Upturn AI SWOT - About
ONTO 
Onto Innovation Inc (ONTO)
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Upturn Advisory Summary
10/15/2025: ONTO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $149.38
1 Year Target Price $149.38
| 4 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -8.28% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.39B USD | Price to earnings Ratio 32.03 | 1Y Target Price 149.38 |
Price to earnings Ratio 32.03 | 1Y Target Price 149.38 | ||
Volume (30-day avg) 9 | Beta 1.6 | 52 Weeks Range 85.88 - 228.42 | Updated Date 10/14/2025 |
52 Weeks Range 85.88 - 228.42 | Updated Date 10/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.07 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 19.29% | Operating Margin (TTM) 19.1% |
Management Effectiveness
Return on Assets (TTM) 6.31% | Return on Equity (TTM) 10.53% |
Valuation
Trailing PE 32.03 | Forward PE 22.83 | Enterprise Value 5970642472 | Price to Sales(TTM) 6.17 |
Enterprise Value 5970642472 | Price to Sales(TTM) 6.17 | ||
Enterprise Value to Revenue 5.76 | Enterprise Value to EBITDA 23.54 | Shares Outstanding 49003572 | Shares Floating 48596842 |
Shares Outstanding 49003572 | Shares Floating 48596842 | ||
Percent Insiders 0.79 | Percent Institutions 105.63 |
Upturn AI SWOT
Onto Innovation Inc
Company Overview
History and Background
Onto Innovation Inc. was formed in October 2019 through the merger of Rudolph Technologies and Nanometrics Incorporated. Rudolph Technologies was founded in 1980. The merger created a broader portfolio of metrology and inspection solutions for the semiconductor industry.
Core Business Areas
- Metrology: Provides systems for measuring critical dimensions, thin film properties, and surface topography of semiconductor wafers and devices.
- Inspection: Offers automated optical inspection systems to detect defects on semiconductor wafers, chips, and interconnects.
- Software and Analytics: Develops software solutions for process control, yield management, and equipment performance optimization.
- Process Control: Offers advanced process control solutions including lithography and etching solutions.
Leadership and Structure
The company is led by Michael Plisinski (CEO). The organizational structure includes functional teams covering sales, marketing, engineering, manufacturing, and finance.
Top Products and Market Share
Key Offerings
- Atlas Gen 3: A metrology system used for advanced packaging applications, providing 3D measurement capabilities. Competitors include KLA (KLAC) and Camtek (CAMT). Market share data specific to Atlas Gen 3 is proprietary but Onto Innovation is considered a major player in the advanced packaging metrology space. Revenue is not publicly specified.
- Discover: A suite of software and analytics solutions for process control and yield enhancement. Competitors include KLA (KLAC) and Applied Materials (AMAT). Market share data specific to Discover is proprietary but Onto Innovation is focusing on growing its software segment. Revenue is not publicly specified.
- Firefly: Automated optical inspection systems for advanced packaging and microelectronics. Competitors include KLA (KLAC) and Camtek (CAMT). Market share data specific to Firefly is proprietary. Revenue is not publicly specified.
Market Dynamics
Industry Overview
The semiconductor manufacturing equipment market is driven by increasing demand for semiconductors, advanced packaging technologies, and the need for tighter process control to improve yield and device performance. The industry is cyclical and sensitive to global economic conditions.
Positioning
Onto Innovation is positioned as a leading provider of metrology and inspection solutions, particularly for advanced packaging and specialty devices. They focus on high-growth areas within the semiconductor market.
Total Addressable Market (TAM)
The semiconductor manufacturing equipment TAM is estimated to be hundreds of billions of dollars. Onto Innovation is positioned to capture a portion of this market through its specialized solutions.
Upturn SWOT Analysis
Strengths
- Strong product portfolio in metrology and inspection
- Focus on high-growth areas like advanced packaging
- Deep customer relationships with leading semiconductor manufacturers
- Innovative software solutions
Weaknesses
- Smaller size compared to larger competitors
- Reliance on the cyclical semiconductor industry
- Potential integration challenges from mergers and acquisitions
- Limited brand recognition compared to market leaders
Opportunities
- Growing demand for advanced packaging
- Expansion into new applications and markets
- Strategic partnerships and acquisitions
- Increasing adoption of data analytics in manufacturing
Threats
- Intense competition from larger players
- Technological disruptions
- Economic downturns affecting semiconductor demand
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- KLAC
- CAMT
- AMAT
Competitive Landscape
Onto Innovation is a smaller player than KLA and Applied Materials but is a significant player in niche markets like advanced packaging. Camtek is a direct competitor in the inspection space. Onto Innovation benefits from its specialized solutions and deep customer relationships. The key to remaining competitive will be continuing innovation.
Major Acquisitions
Process Solutions (PSI)
- Year: 2020
- Acquisition Price (USD millions): 62.5
- Strategic Rationale: Expanded Onto Innovation's capabilities in advanced process control solutions.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by strategic acquisitions and expanding its product portfolio. Past performance is not indicative of future results.
Future Projections: Analyst estimates vary but generally project continued growth in revenue and earnings. Refer to financial data providers for precise projections.
Recent Initiatives: Recent initiatives include developing new metrology and inspection systems for advanced nodes, and expanding its software and analytics offerings.
Summary
Onto Innovation is a company with strengths in advanced packaging metrology and inspection. Its smaller size and reliance on the cyclical semiconductor industry can create challenges. The company benefits from growing markets like advanced packaging, and recent initiatives could improve future growth. Competition is intense and technological changes create risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, investor presentations, industry reports, analyst estimates.
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market share data is based on estimates and may not be precise. Financial data should be verified with official company filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Onto Innovation Inc
Exchange NYSE | Headquaters Wilmington, MA, United States | ||
IPO Launch date 1992-02-26 | CEO & Director Mr. Michael P. Plisinski | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 1551 | Website https://www.ontoinnovation.com |
Full time employees 1551 | Website https://www.ontoinnovation.com | ||
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology and inspection worldwide. The company offers lithography systems and process control analytical software. It also provides process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements. In addition, the company offers process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. Further, it engages in systems and software, spare parts, and other services, as well as offers software licensing services. The company's products are used in semiconductor and advanced packaging device manufacturers; silicon wafers; light emitting diodes; vertical-cavity surface-emitting lasers; micro-electromechanical systems; CMOS image sensors; power devices; analog devices; RF filters; data storage; and various industrial and scientific applications. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.
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