Onto Innovation Amends Acquisition Deal with Semilab

The latest update is out from Onto Innovation ( (ONTO) ).

On June 27, 2025, Onto Innovation Inc. entered into an Equity Purchase Agreement to acquire Semilab USA from Semilab International Zrt., with the deal initially valued at approximately $495 million. However, after a request for additional information from the U.S. Department of Justice, the agreement was amended on October 9, 2025, to exclude the Fourier-Transform infrared spectroscopy reflectometry systems business, reducing the purchase price by about $50 million. The transaction is expected to be completed in 2025, with the acquired business projected to generate $120 million in annual revenue and increase earnings per share by 10% in the first year post-acquisition.

The most recent analyst rating on (ONTO) stock is a Buy with a $170.00 price target. To see the full list of analyst forecasts on Onto Innovation stock, see the ONTO Stock Forecast page.

Spark’s Take on ONTO Stock

According to Spark, TipRanks’ AI Analyst, ONTO is a Outperform.

Onto Innovation’s strong financial performance and positive earnings call outlook are the primary drivers of its stock score. The company’s robust balance sheet and strategic acquisitions position it well for future growth. However, technical indicators suggest caution, and the valuation is moderate, which tempers the overall score.

To see Spark’s full report on ONTO stock, click here.

More about Onto Innovation

Onto Innovation Inc. operates in the semiconductor industry, providing advanced process control and inspection solutions. The company focuses on enhancing the performance and yield of semiconductor devices, catering to a global market of semiconductor manufacturers.

Average Trading Volume: 1,417,735

Technical Sentiment Signal: Buy

Current Market Cap: $6.82B

Find detailed analytics on ONTO stock on TipRanks’ Stock Analysis page.