ONTO

Stock

Onto Innovation Inc.

One email when a drop — in price or in valuation — is historically rare for ONTO. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Onto Innovation Inc. is 15.6% off its high — deeper than its 8.8% average pullback, but it has been through 60 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: Onto Innovation Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $319.32 · as of Jul 14, 2026All-time high $378.45Drawdown -15.6%Severity Score™ 2.6
🟡

Moderately Elevated

Current Drawdown

-15.6%

Days in Drawdown

12

Avg Max Drawdown

8.8%

Avg Length

39

Drawdown Severity Score™

2.6

ONTO - Price & High Water Mark

ONTO - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 10, 2026 · updated daily

Where today's valuation sits within ONTO's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

15.4xSeverity Score 0.0 · In or above its typical range
Low: 0.18xMedian: 3.2xHigh: 18.4x

Onto Innovation Inc. has been cheaper on this measure only about 100% of the time in 20 years of daily history.

16.2% below its highest Price to Sales reading · high date June 30, 2026

Price to Sales history

EV to EBITDA

82.8xSeverity Score 0.0 · In or above its typical range
Low: 1.4xMedian: 16.9xHigh: 468.1x

Onto Innovation Inc. has been cheaper on this measure only about 96% of the time in 20 years of daily history.

82.3% below its highest EV to EBITDA reading · high date March 24, 2015

EV to EBITDA history · log scale

How we measure valuation

Onto Innovation Inc. (ONTO) Analysis: Current Drawdown Insights

Onto Innovation Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $319.32, which represents a 15.6% decline from its all-time high of $378.45. This drawdown has persisted for 12 days.

Based on its full tracked price history, Onto Innovation Inc. typically experiences drawdowns averaging 8.8% in depth, with an average duration of 39 days. Onto Innovation Inc. has gone through 60 total drawdown events in its tracked history. The largest drawdown on record for Onto Innovation Inc. was 62.8%, beginning in 2024. The longest drawdown duration on record was 631 days.

The Drawdown Severity Score™ for Onto Innovation Inc. currently stands at 2.59. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Onto Innovation Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 60 tracked pullbacks (52 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-07-02Ongoing12 days-15.6%$378.45$319.32n/a
2026-06-232026-06-297 days-9.2%$347.87$315.88$351.45
2026-06-162026-06-227 days-5.9%$335.96$316.15$347.87
2026-04-272026-06-1247 days-19.4%$307.86$248.08$323.88
2026-04-232026-04-242 days-1.7%$297.34$292.31$307.86
2026-04-212026-04-222 days-1.7%$295.09$290.11$297.34
2026-04-152026-04-162 days-1.0%$261.59$258.90$267.15
2026-04-132026-04-142 days-1.8%$257.14$252.61$261.59
2024-07-172026-04-08631 days-62.8%$238.04$88.50$240.49
2024-07-112024-07-166 days-4.7%$236.66$225.50$238.04
2024-05-162024-07-0955 days-10.6%$233.63$208.98$234.44
2024-05-132024-05-142 days-1.2%$224.35$221.62$228.30
2024-05-082024-05-103 days-2.4%$211.13$206.15$224.35
2024-03-082024-05-0356 days-13.8%$196.61$169.39$200.80
2024-03-052024-03-073 days-3.5%$194.73$187.83$196.61
2024-02-202024-02-2910 days-7.8%$182.23$167.95$184.16
2024-02-122024-02-165 days-6.5%$180.01$168.39$182.23
2024-01-232024-02-0918 days-7.1%$167.75$155.77$180.01
2023-12-152024-01-1936 days-13.1%$156.70$136.19$162.87
2023-10-132023-12-1160 days-22.3%$143.04$111.16$144.59
2023-09-012023-10-1040 days-12.1%$138.98$122.11$139.78
2023-08-012023-08-2929 days-11.7%$124.32$109.76$129.83
2023-07-032023-07-2725 days-10.0%$116.47$104.84$117.30
2023-06-092023-06-2719 days-6.9%$112.22$104.50$112.79
2023-05-312023-06-078 days-2.5%$109.50$106.74$111.36
2022-01-182023-05-26493 days-44.3%$105.96$59.04$109.22
2022-01-042022-01-1411 days-10.7%$103.61$92.56$105.96
2021-12-282022-01-037 days-2.7%$102.27$99.52$103.61
2021-12-082021-12-2316 days-8.1%$98.46$90.53$99.11
2021-11-302021-12-078 days-2.0%$94.76$92.88$98.46
2021-11-082021-11-2922 days-7.0%$92.81$86.33$94.76
2021-09-152021-11-0148 days-11.8%$79.54$70.17$80.72
2021-09-082021-09-147 days-4.0%$79.29$76.10$79.54
2021-08-102021-09-0729 days-15.8%$78.12$65.80$79.29
2021-06-142021-08-0654 days-15.1%$74.98$63.69$77.22
2021-06-022021-06-098 days-3.4%$72.06$69.61$72.63
2021-04-062021-05-2853 days-20.7%$71.62$56.83$71.77
2021-03-182021-04-0115 days-11.6%$66.48$58.80$69.92
2021-02-222021-03-1723 days-15.9%$66.27$55.70$66.48
2021-02-182021-02-192 days-2.9%$64.75$62.84$66.27
2021-02-092021-02-113 days-2.8%$60.40$58.71$61.33
2021-02-052021-02-084 days-0.3%$60.12$59.95$60.40
2021-02-032021-02-042 days-2.2%$59.77$58.46$60.12
2021-01-202021-02-0214 days-7.1%$58.21$54.05$59.77
2021-01-152021-01-195 days-2.5%$57.05$55.65$58.21
2021-01-132021-01-142 days-0.2%$54.18$54.08$57.05
2021-01-082021-01-114 days-2.1%$52.98$51.87$53.07
2020-12-312021-01-056 days-1.3%$48.18$47.55$48.75
2020-12-292020-12-302 days-2.9%$48.15$46.73$48.18
2020-12-082020-12-2417 days-4.1%$47.65$45.71$48.02
2020-12-022020-12-043 days-1.1%$45.03$44.55$46.22
2020-02-072020-11-16284 days-49.8%$41.47$20.82$42.58
2019-11-192019-12-2032 days-10.1%$35.55$31.97$36.25

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Onto Innovation Inc. (ONTO) is trading at $319.32 as of Jul 14, 2026. It is 15.6% below its high of $378.45. The drawdown has lasted 12 days. Severity score: 2.6 (Moderately Elevated).

ONTO Price History and Drawdown Data

Latest price

$319.32

High-water mark

$378.45

Current drawdown

-15.6%

Days in drawdown

12

This ONTO page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Onto Innovation Inc. drawdowns.

What History Says About ONTO

Onto Innovation Inc. has dropped 15%+ from its high 9 times in its tracked history. These events lasted an average of 186 days with an average max drop of -29.6%.

The current drawdown of -15.6% has lasted 12 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 2024 to Apr 2026-62.8%631 days
Feb 2020 to Nov 2020-49.8%284 days
Jan 2022 to May 2023-44.3%493 days
Oct 2023 to Dec 2023-22.3%60 days
Apr 2021 to May 2021-20.7%53 days
Apr 2026 to Jun 2026-19.4%47 days

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