ON Semiconductor vs Onto Innovation — how do they compare? ON Semiconductor trades at $70.84 (market cap $27.67B), while Onto Innovation trades at $278.03 (market cap $13.80B). The key difference: ON Semiconductor is far larger — about 2× Onto Innovation's market cap, and Onto Innovation is trading nearer its 52-week high, ON Semiconductor nearer its low. Which is the better fit depends on your goals.
| ON | ONTO | |
|---|---|---|
Market Cap | $27.67B | $13.80B |
Sector | Technology | Technology |
52-Week High | $133.93 | $378.45 |
52-Week Low | $44.90 | $106.04 |
Enterprise Value | $28.29B | $13.38B |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
ONTO Innovation trades at $281.11, up 4.89% today, with strong analyst support (12 buy ratings, 0 hold/sell) and a $392.50 consensus price target suggesting 39.6% upside. The stock shows mixed earnings performance with a recent Q2 2026 beat ($1.93 vs. $1.69 expected) but misses in prior quarters. Revenue growth remains solid at $1.01B in 2025, though net income margin compressed to 11.84%. Technical indicators are neutral with support at $277 and resistance at $284.
Outlook remains positive given robust AI-driven semiconductor demand and a $1.1B+ backlog, but high valuation multiples (P/E 105.28, P/S 12.44) leave little room for execution missteps. Key risks include fiduciary investigation news, insider selling, and reliance on semiconductor cycle strength. Institutional confidence is high with BlackRock's $2.08B recent investment.
Trailing returns across standard periods
Latest headlines on both assets
Onsemi develops power and sensing semiconductors for automotive, industrial, and energy applications. Its products support functions such as electric vehicle systems, energy conversion, automation, and intelligent sensing.
Read more on ON →Onto Innovation provides process control solutions for semiconductor manufacturing. Its inspection and metrology systems help chipmakers measure, analyze, and detect defects on wafers and advanced packages.
Read more on ONTO →