Onto Innovation Stock Target Price and Analyst Consensus

ONTO Stock  USD 161.04  1.86  1.14%   
The current analyst and expert consensus on Onto Innovation is Strong Buy, with 7 strong buy opinions. The current projected Onto Innovation target price consensus is 153.75 with 9 analyst opinions. Check out Macroaxis Advice on Onto Innovation to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
The most common way Onto Innovation analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Onto Innovation executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Onto Innovation. We strongly encourage you to use your own analysis of Onto Innovation to validate this buy or sell advice. Onto Innovation buy-or-sell recommendation module provides average expert sentiment on the projected Onto Innovation target price to derive its highest and lowest estimates based on projected price volatility of 3.426.
Lowest Forecast
139.91
Highest Forecast
170.66
Target Price
153.75
At this time, Onto Innovation's Gross Profit is very stable compared to the past year. As of the 29th of November 2024, Pretax Profit Margin is likely to grow to 0.23, while Gross Profit Margin is likely to drop 0.40. At this time, Onto Innovation's Retained Earnings are very stable compared to the past year. As of the 29th of November 2024, Accounts Payable is likely to grow to about 52.4 M, though Net Debt is likely to grow to (203.3 M).
  
It's important to approach Onto Innovation's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Onto Innovation price targets

Onto Innovation's stock target price is an estimate of its future price, usually made by analysts. Using Onto Innovation's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Onto Innovation's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Onto Innovation's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Onto Innovation Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Onto Innovation is a key component of Onto Innovation valuation and have some predictive power on the future returns of a Onto Innovation.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Onto Innovation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
157.31161.04164.77
Details
Intrinsic
Valuation
LowRealHigh
144.44148.17177.14
Details
Naive
Forecast
LowNextHigh
166.17169.90173.62
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.301.411.32
Details

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When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out Macroaxis Advice on Onto Innovation to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..