Three Analysts Reaffirm Their Buy Ratings On Onto Innovation (ONTO) Stock

2 days ago 3

Jabran Kundi

Thu, June 11, 2026 astatine 8:32 AM CDT 2 min read

Onto Innovation Inc. (NYSE:ONTO) is 1 of the 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds. On June 5, Deutsche Bank reiterated its Buy standing connected Onto Innovation Inc. (NYSE:ONTO) with a terms people of $350. The steadfast believes that beardown request for spot manufacturing equipment, arsenic a effect of precocious representation bandwidth demand, is supporting the company's growth. The expert besides expects a important enlargement successful semiconductor mill operation implicit the coming years. Through acquisitions and marketplace stock improvements, the institution is doing a bully occupation of keeping competitors astatine bay.

In the archetypal week of June, 2 much analysts, including Stifel Nicolaus and Oppenheimer, reaffirmed their ratings and terms targets connected the stock. On June 4, Brian Chin of Stifel Nicolaus reaffirmed a Buy standing connected Onto Innovation Inc. (NYSE:ONTO) and assigned a terms people of $350. The firm's terms people suggests astir 27% upside from the existent levels. This upside is adjacent to the median estimation from 10 Wall Street analysts covering the stock. However, Oppenheimer has a somewhat higher terms people of $370, implying 35% upside from here.

Onto Innovation Inc. (NYSE:ONTO) is progressive successful the manufacturing, development, design, and enactment of process power tools utilized successful semiconductor production. Its merchandise offerings see lithography systems and process power analytical bundle & automated and integrated metrology systems.

While we admit the imaginable of ONTO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Best Mid-Cap AI Stocks to Buy According to Analysts and Best 52-Week Low Stocks to Buy According to Hedge Funds.

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