Onto Innovation stock trades below its yearly high
Published on 09/24/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Onto Innovation stock stood at USD 282.31 on the NYSE on September 23, 2026, leaving the shares 26.9 percent below their 52-week high of USD 386.46. The latest session also brought a 0.53 percent decline from the previous close of USD 283.81. The contrast is clear: operating growth remains strong while the stock stays well below its yearly peak.
Q2 revenue rose 35.3 percent
Onto Innovation reported Q2 2026 revenue of USD 343.13 million, an increase of 35.3 percent from the same quarter a year earlier, according to MarketBeat. The report also said adjusted EPS reached USD 1.93, compared with a consensus estimate of USD 1.69.
The EPS result exceeded consensus by USD 0.24, while revenue topped the USD 325.29 million estimate by USD 17.84 million. That combination gives the quarterly figures more weight than the modest September 23 price decline.
Guidance points to another step up
Management set Q3 2026 adjusted EPS guidance at USD 2.18 to USD 2.38, according to MarketBeat. The lower end of that range is USD 0.25 above Q2 adjusted EPS, while the upper end is USD 0.45 higher.
Onto Innovation supplies process control, inspection, metrology and lithography systems for semiconductor and advanced packaging production. Its Q2 revenue growth therefore links the stock story to demand for manufacturing tools rather than to a single product cycle.
Stock remains below yearly high
Onto Innovation had a market capitalization of USD 14,043,106,400 as of September 23, 2026. The USD 282.31 price, the USD 118.97 to USD 386.46 52-week range and the 0.53 percent daily decline frame the market view alongside the companys Q2 growth and Q3 guidance.
Onto Innovation key facts
- Company: Onto Innovation Inc.
- Ticker: ONTO
- Trading venue: NYSE
- Price as of September 23, 2026: USD 282.31
- Market capitalization: USD 14,043,106,400 as of September 23, 2026
- 52-week range: USD 118.97-386.46 as of September 23, 2026
- Sector / Industry: Technology / Semiconductors
