Rating Change
Goldman Sachs analysts initiated coverage on Onto Innovation Inc. (NYSE:ONTO) with a rating of Buy on August 17, 2026.
new coverageNYSE:ONTO
Goldman Sachs Initiates Coverage on Onto Innovation Inc. (ONTO) with Buy
Goldman Sachs analysts initiated coverage on Onto Innovation Inc. (NYSE:ONTO) with a rating of Buy on August 17, 2026.
At publication ·
What changed
Onto Innovation Inc. (NYSE:ONTO) · new coverage
- Firm
- Goldman Sachs
- Rating
- Buy
- Price at event
- $349.52
- Market capitalization
- $7.9B
At a glance
Key takeaways
- Goldman Sachs initiated Buy coverage on Onto Innovation Inc. (ONTO) on August 17, 2026, with the stock trading at $349.52 and a market capitalization of $7.9 billion.
Market Context
Onto Innovation Inc. operates in the Technology sector. The stock currently trades at $349.52 with a market capitalization of $7.9B.
Analyst coverage from Goldman Sachs provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Onto Innovation Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Onto Innovation Inc.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 17, 2026 | Goldman Sachs | Buy | N/A |
| Aug 07, 2026 | Evercore ISI Group | Outperform | N/A |
| Aug 07, 2026 | Needham | Buy | N/A |
| Aug 07, 2026 | Jefferies | Buy | N/A |
| Jun 29, 2026 | Cantor Fitzgerald | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View ONTO Stock Page
Frequently Asked Questions
What does the Buy rating mean for ONTO?
A rating of Buy from Goldman Sachs reflects the analyst's outlook on Onto Innovation Inc. (NYSE:ONTO). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ONTO forecast page.