TipRanks
Onto Innovation Inc (DE:NNM)
XETRA:NNM

Onto Innovation (NNM) Price & Analysis

4 Followers

NNM Stock Chart & Stats

€220.60
-€10.30(-4.04%)
At close: 4:00 PM EDT
€220.60
-€10.30(-4.04%)

Bulls Say, Bears Say

Bulls Say
Negligible LeverageAn effectively debt-free balance sheet gives Onto Innovation substantial financial flexibility through semiconductor spending cycles. It can support research, acquisitions, and customer-focused investment without significant interest burdens or refinancing pressure, strengthening resilience over the next several quarters.
Healthy Cash GenerationPositive and growing free cash flow provides internally generated funding for product development, strategic investments, and shareholder-oriented capital allocation. Although conversion softened, the underlying cash generation remains robust and supports durable operating independence.
Strategic X-Ray ExpansionThe Rigaku investment broadens Onto Innovation’s strategic position in X-ray-based process control as semiconductor manufacturing adopts more complex 3D architectures and advanced materials. Board representation and deeper collaboration could strengthen future product capabilities.
Bears Say
Margin CompressionLower net margins despite renewed revenue growth indicate weaker incremental profitability than during prior peak periods. If sustained, this compression could limit earnings conversion, reduce the payoff from future sales growth, and constrain internally funded expansion.
Uneven Earnings TrendThe sharp negative EPS growth rate and uneven revenue history show that Onto Innovation’s earnings trajectory has not been consistently compounding. This volatility makes operating results more dependent on the timing and strength of semiconductor investment cycles.
Rigaku Capital RiskCommitting approximately $720 million to a minority investment creates a meaningful capital-allocation hurdle. The strategic rationale may be attractive, but realizing value depends on effective collaboration, technology execution, and the investment contributing enough to justify its size.

Onto Innovation News

NNM FAQ

What was Onto Innovation Inc’s price range in the past 12 months?
Onto Innovation Inc lowest stock price was €106.00 and its highest was €334.10 in the past 12 months.
    What is Onto Innovation Inc’s market cap?
    Onto Innovation Inc’s market cap is €14.29B.
      When is Onto Innovation Inc’s upcoming earnings report date?
      Onto Innovation Inc’s upcoming earnings report date is Oct 29, 2026 which is in 24 days.
        How were Onto Innovation Inc’s earnings last quarter?
        Onto Innovation Inc released its earnings results on Aug 06, 2026. The company reported €1.714 earnings per share for the quarter, beating the consensus estimate of €1.502 by €0.212.
          Is Onto Innovation Inc overvalued?
          According to Wall Street analysts Onto Innovation Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Onto Innovation Inc pay dividends?
            Onto Innovation Inc does not currently pay dividends.
            What is Onto Innovation Inc’s EPS estimate?
            Onto Innovation Inc’s EPS estimate is 2.05.
              How many shares outstanding does Onto Innovation Inc have?
              Onto Innovation Inc has 49,074,245 shares outstanding.
                What happened to Onto Innovation Inc’s price movement after its last earnings report?
                Onto Innovation Inc reported an EPS of €1.714 in its last earnings report, beating expectations of €1.502. Following the earnings report the stock price went up 11.592%.
                  Which hedge fund is a major shareholder of Onto Innovation Inc?
                  Currently, no hedge funds are holding shares in DE:NNM
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Onto Innovation Inc

                    Onto Innovation Inc. is a global leader in designing, manufacturing, and supporting cutting-edge process control solutions. The company's diverse portfolio encompasses tools for macro defect inspection, 2D/3D optical metrology, and lithography systems, alongside sophisticated analytical software for process control. These offerings are crucial for optimizing manufacturing processes, enhancing yield, and facilitating device packaging and testing in various industries worldwide. Their solutions are delivered both as standalone systems for specialized functions—such as detecting large flaws, performing packaging lithography, evaluating probe cards, and measuring transparent and opaque thin films—and through an extensive suite of process control software. This software scales from individual tool management to enterprise-wide factory integration. Beyond hardware and software, Onto Innovation also provides essential spare parts and software licensing services. Their technology is vital to a broad spectrum of clients, including manufacturers of semiconductors, advanced packaging, silicon wafers, LEDs, VCSELs, MEMS, CMOS image sensors, power devices, RF filters, and data storage products, as well as those in various industrial and scientific fields. Originally established in 1940 as Rudolph Technologies, Inc., Onto Innovation Inc. maintains its headquarters in Wilmington, Massachusetts.

                    Onto Innovation (NNM) Earnings & Revenues

                    NNM Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveyed strong execution and robust demand drivers: Q1 results beat guidance, margins expanded, EPS improved, and management provided ambitious 2026 and Q2 guidance. Strategic moves (27% Rigaku stake) and product qualifications (Dragonfly G5, Atlas G6, TSV win, JetStep) position the company for sizable growth, particularly in advanced packaging (>50% growth) and advanced nodes (~25%). Offsetting factors include rising input and logistics costs, modest near-term margin impact from new product volume, supply-chain/lead-time pressure, and accounting/ cash-use considerations related to the Rigaku investment. Overall, the positive operational momentum and sizable growth catalysts appear to outweigh the near-term headwinds.View all DE:NNM earnings summaries

                    NNM Stock 12 Month Forecast

                    Average Price Target

                    €347.91
                    ▲(57.71% Upside)
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<div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":134,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":170,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":179,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":184,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n        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