Movement Alert｜Onto Innovation Inc. rises 5.65% in Pre-Market Trading, Semiconductor Equipment Rebound Lifts Shares

Market Focus

Nov 06

On November 6, Onto Innovation Inc. rose 5.65% in Pre-Market Trading, trading at $163.38/share, with turnover of $112,500.

The immediate backdrop was a broad rebound across semiconductor equipment stocks, which supported Onto Innovation Inc. alongside peers.

Recent market coverage showed Lam Research rising 10.63%, Applied Materials 6.81%, ASML Holding NV 5.62%, KLA Corporation 6.09%, and Teradyne 6.09%. Separately, although one institution had previously lowered its target price to $340 from $390, it maintained a buy rating, while the broader market view remained constructive with an average target price near $387.50. Onto Innovation Inc. is also due to report earnings on November 9, with consensus expecting adjusted EPS of about $2.27 to $2.30.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Separately, although one institution had previously lowered its target price to $340 from $390, it maintained a buy rating, while the broader market view remained constructive with an average target price near $387.50. Onto Innovation Inc. is also due to report earnings on November 9, with consensus expecting adjusted EPS of about $2.27 to $2.30.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ONTO","symbol_name":"Onto Innovation Inc.","start_time":0,"source_url":"","article_id":"1143729943","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143729943","pubTimestamp":1793956103,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On November 6, Onto Innovation Inc. rose 5.65% in Pre-Market Trading, trading at $163.38/share, with turnover of $112,500.The immediate backdrop was a broad rebound across semiconductor equipment...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ONTO":"Onto Innovation Inc."},"translate_title":"走势警报|Onto Innovation Inc. 盘前交易上涨 5.65%，半导体设备反弹提振股价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ONTO":1},"content_text":"On November 6, Onto Innovation Inc. rose 5.65% in Pre-Market Trading, trading at $163.38/share, with turnover of $112,500.The immediate backdrop was a broad rebound across semiconductor equipment stocks, which supported Onto Innovation Inc. alongside peers.Recent market coverage showed Lam Research rising 10.63%, Applied Materials 6.81%, ASML Holding NV 5.62%, KLA Corporation 6.09%, and Teradyne 6.09%. 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