ONTO · Onto Innovation
AI read · Good for ONTO
The AI's read
The larger backlog and multi-year customer agreements give Onto a clearer view of demand into 2027 and 2028. Management also expects Dragonfly G5 sales to double in 2027. Chip constraints remain a concern. Still, Onto expects sales to keep rising through at least the first half of 2027, suggesting those limits have not erased customer demand.