Stocktoria
ONTO INNOVATION INC. ONTO
ONTO INNOVATION INC. (ONTO) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2026 revenue was $1.0B at a 13.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.79 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-07 | Needham | Buy (main) |
| 2026-08-07 | Evercore ISI Group | Outperform (main) |
| 2026-08-07 | Jefferies | Buy (main) |
| 2026-06-29 | Cantor Fitzgerald | Overweight (main) |
| 2026-06-22 | Oppenheimer | Outperform (main) |
| 2026-06-17 | Freedom Broker | Buy (init) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.443 |
| Retained earnings / assets | 0.314 |
| EBIT / assets | 0.056 |
| Equity / liabilities | 7.865 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ONTO | ONTO INNOVATION INC. | 3/9 | 12.57 | 117.8 | +1.8% |
| GEOS | GEOSPACE TECHNOLOGIES CORP | 1/9 | 8.01 | — | -18.3% |
| OWLT | Owlet, Inc. | 4/9 | -9.08 | — | +35.4% |
| MASS | 908 Devices Inc. | 3/9 | 1.84 | 17 | +17.7% |
| BCHT | Birchtech Corp. | 4/9 | — | — | +1.3% |
| AATC | AUTOSCOPE TECHNOLOGIES CORP | 5/9 | 11.38 | 12.8 | +0.5% |
| QSI | Quantum-Si Inc | 1/9 | 0.75 | — | — |
About ONTO INNOVATION INC.
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe. The company offers lithography systems and process control analytical software; and automated and integrated metrology systems, silicon wafer all-surface inspection, macro defect inspection, automated defect classification and pattern analysis, yield analysis, opaque film metrology, 4D business, advanced packaging lithography, process control software, and yield management software products. 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 factory-wide suites. Further, it engages in systems and software, spare parts, and other services, as well as offers software licensing services; and provides advanced product lines, such as FAaST, CnCV, and MBIR. The company's products are used in semiconductor and advanced packaging device manufacturers; silicon wafers; semiconductor integrated circuit fabricators; light emitting diodes; vertical-cavity surface-emitting lasers; micro-electromechanical systems; CMOS image sensors; silicon and compound semiconductor 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.
FAQ
Is ONTO financially healthy?
ONTO INNOVATION INC.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does ONTO pay a dividend?
No, ONTO INNOVATION INC. does not currently pay a dividend.
How profitable is ONTO?
In FY2026, ONTO INNOVATION INC. had a net margin of 13.6% and a return on equity of 6.5%.
Is ONTO overvalued or undervalued?
ONTO INNOVATION INC. trades at about 121.3× trailing earnings — above its 10-year norm (10-year range 17.5×–632.3×, median 65.7×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ONTO?
The average Wall-Street price target for ONTO INNOVATION INC. is $387.30, about 14.8% above the recent price, from 10 analysts (consensus: strong buy).
Is ONTO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ONTO INNOVATION INC.: a Piotroski F-score of 3/9, an Altman Z″ in the safe zone, a P/E of about 117.8×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-03. Facts plus Stocktoria's own computed scores — not investment advice.