Cantor Fitzgerald raised the firm’s price target on Onto Innovation (ONTO) to $300 from $275 and keeps an Overweight rating on the shares. With wafer-fab equipment spending expected to inflect in the second half of 2026, and trends supporting sustainability of strength through at least 2027, Cantor believes there is still plenty of upside to be captured from this AI-driven secular uplift.
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Read More on ONTO:
- Onto Innovation Signals Robust Growth in Earnings Call
- Onto Innovation price target raised to $275 from $240 at B. Riley
- Onto Innovation price target raised to $265 from $225 at Oppenheimer
- Onto Innovation price target raised to $220 from $215 at Stifel
- Onto Innovation price target raised to $300 from $200 at Jefferies