ONTO INNOVATION INC.
In the published model solve dated 2026-Q2, anchored at $275.75, ONTO INNOVATION INC. (ONTO) is priced for today's economics sustained for ~31.2 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
The trajectory is what carries Onto. Q1 2026 brought record revenue of $292 million, nearly 10% sequential growth and above guidance, with EPS of $1.42 and management guiding full-year revenue growth above 30%. Margins are expanding alongside revenue. The price discounts that trajectory far out. At $333.52 no valuation family reaches the price; the supported range is near $39 with a base in the high $30s. Inverting the price implies sustaining high growth for about 30 years, which is why the re
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554 institutional managers reported holding ONTO in 13F filings for the quarter ended 2026-03-31. Together they hold about 94% of the company; the top 10 hold 39%. 120 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 2.6M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ONTO's share count grew 1.1% over the past five years even with $168.54M spent on repurchases. It pays no dividend. Cash returned over the past three years: $100.08M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at ONTO over the trailing three years. Absence is a fact about the company, not a signal. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ONTO's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2022-11-11 | +0.3% | -8.5% |
| 2023-02-25 | -1.7% | +0.9% |
| 2023-05-05 | +3.8% | +25.3% |
| 2023-08-11 | -7.1% | +25.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ONTO's latest 8-K filings: 2026-08-10 (items 2.01, 7.01, 9.01); 2026-08-06 (items 2.02, 9.01); 2026-05-21 (items 1.01, 2.03, 3.02, 8.01, 9.01); 2026-05-20 (items 5.07, 9.01); 2026-05-18 (items 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.