What changed
$ONTO — ADD 📊
Onto Innovation Inc.
🎯 Q2 2026 | Rev $0B | EPS $1.42 vs $1.42 ➖
💡 Consensus sees ~20% revenue growth in 2026; we project ~30% as AI-related advanced packaging metrology wins accelerate, not fully reflected in sell-side models.
📉 Reward/Risk: 2.19:1
🏢 Business Quality: 8/10 - Dominant niche in semiconductor process control with high switching costs, proprietary technology, and secular tailwind from increasing chip architecture complexity.
📊 Valuation: rich - 61x trailing P/E, 85x EV/Sales versus peer median 25x P/E; DCF assumes 30% FCF CAGR for 5 years to justify, leaving little room for error.
🔮 Catalyst: Q2 2026 earnings report
💰 Entry: $347.87, stop $315, target $420
⚖️ Add ONTO on AI-driven demand for advanced packaging inspection, but size small given rich valuation; tight stop at $315.
📊 Our read: ADD. Full analysis →
https://stockduty.xyz/s/ONTO0622