Want to see VECO full AI Analyst Report?
VECO Stock Chart & Stats
$46.17
-$4.15(-8.03%)
At close: 4:00 PM EDT
$46.17
-$4.15(-8.03%)
Day’s Range― - ―
52-Week Range$26.00 - $86.63
Previous CloseN/A
Volume517.63K
Average Volume (3M)647.25K
Market Cap
$2.67B
Enterprise Value$4.89B
Total Cash (Recent Filing)$429.40M
Total Debt (Recent Filing)$257.01M
Price to Earnings (P/E)113.9
Beta1.41
Next Earnings
Nov 09, 2026EPS Estimate
0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.38
Shares Outstanding61,129,640
10 Day Avg. Volume590,896
30 Day Avg. Volume647,254
Financial Highlights & Ratios
PEG Ratio-0.88
Price to Book (P/B)1.91
Price to Sales (P/S)2.55
P/FCF Ratio37.08
Enterprise Value/Market Cap1.83
Enterprise Value/Revenue7.17
Enterprise Value/Gross Profit18.96
Enterprise Value/Ebitda101.08
Forecast
1Y Price Target
$61.33Price Target Upside32.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)1.5
Revenue Forecast (FY)$800.19M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong operating and free cash flow gives Veeco internal funding capacity for research, capacity expansion and customer support. The sharp FCF rebound, together with reasonable conversion of earnings into cash, strengthens resilience and supports investment without relying heavily on additional leverage.
Conservative Balance SheetLow and improving leverage reduces financial risk during semiconductor capital-spending cycles and preserves flexibility for strategic investments. Veeco’s expanding equity base and asset position provide a stronger foundation for absorbing demand volatility while continuing to fund growth opportunities.
Growth Visibility And End-market MomentumLarge advanced-packaging orders and projected semiconductor growth provide meaningful visibility beyond the current quarter. Increasing exposure to packaging, compound semiconductors and photonics can broaden Veeco’s opportunity set and support capacity utilization over the next several years.
Bears Say
Sharp Margin CompressionThe steep decline in operating and net margins shows that recent revenue has not translated into comparable earnings power. Persistently weaker profitability would reduce cash available for investment, lower returns on shareholder capital and make results more vulnerable to mix or execution changes.
Investment-driven Cost PressureVeeco is spending ahead of expected 2027 demand, including manufacturing expansion and outsourced capacity, before the related revenue fully arrives. This deliberately raises the near-term cost base and can pressure margins and earnings if demand ramps more slowly than management expects.
China Regulatory And Market ExposurePending Chinese antitrust approval creates execution uncertainty around the planned Axcelis merger and could delay expected strategic benefits. China’s increased revenue share also makes Veeco more exposed to regional regulatory and geopolitical developments that may affect expansion or transaction timing.
Veeco News
VECO FAQ
What was Veeco Instruments Inc.’s price range in the past 12 months?
Veeco Instruments Inc. lowest stock price was $26.00 and its highest was $86.63 in the past 12 months.
What is Veeco Instruments Inc.’s market cap?
Veeco Instruments Inc.’s market cap is $2.67B.
When is Veeco Instruments Inc.’s upcoming earnings report date?
Veeco Instruments Inc.’s upcoming earnings report date is Nov 09, 2026 which is in 20 days.
How were Veeco Instruments Inc.’s earnings last quarter?
Veeco Instruments Inc. released its earnings results on Aug 05, 2026. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.258 by $0.072.
Is Veeco Instruments Inc. overvalued?
According to Wall Street analysts Veeco Instruments Inc.’s price is currently Undervalued.
Does Veeco Instruments Inc. pay dividends?
Veeco Instruments Inc. does not currently pay dividends.
What is Veeco Instruments Inc.’s EPS estimate?
Veeco Instruments Inc.’s EPS estimate is 0.43.
How many shares outstanding does Veeco Instruments Inc. have?
Veeco Instruments Inc. has 61,129,640 shares outstanding.
What happened to Veeco Instruments Inc.’s price movement after its last earnings report?
Veeco Instruments Inc. reported an EPS of $0.33 in its last earnings report, beating expectations of $0.258. Following the earnings report the stock price went down -2.549%.
Which hedge fund is a major shareholder of Veeco Instruments Inc.?
Currently, no hedge funds are holding shares in VECO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Veeco Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$61.33 (32.84% Upside)
$61.33 (32.84% Upside)
Blogger Sentiment
Bullish
VECO Sentiment 71%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 665.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.58%
12-Months-Change
Fundamentals
Return on Equity
2.62%
Trailing 12-Months
Asset Growth
10.96%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Veeco Instruments Inc.
Veeco Instruments Inc., operating globally with its subsidiaries, specializes in the engineering, production, sale, and support of advanced semiconductor and thin film process equipment used primarily in the manufacture of electronic devices. Their comprehensive product portfolio features systems such as laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition (MOCVD), single wafer wet processing and surface preparation, molecular beam epitaxy (MBE), and atomic layer deposition (ALD), alongside other deposition solutions and packaging lithography tools. These advanced processing platforms are essential for manufacturing diverse microelectronic components, including logic chips, dynamic random-access memory (DRAM), photonics devices, power electronics, radio frequency (RF) filters and amplifiers, magnetic heads for hard disk drives, and various other semiconductor applications. The company's clientele encompasses integrated device manufacturers (IDMs), foundries, outsourced semiconductor assembly and test (OSAT) providers, hard disk drive and photonics producers, as well as educational institutions and research facilities. Established in 1945, Veeco Instruments Inc. is headquartered in Plainview, New York.
VECO Company Deck
VECO Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive outlook driven by strong Q2 results, significant order momentum (notably a $200M advanced packaging order), sequential and year-over-year growth across semiconductor, compound semiconductor and data storage end markets, meaningful product validation (NSA follow-on orders and record LSA/NSA revenue), and a healthy cash position. Management is deliberately investing ahead of expected 2027 demand — adding capacity, people and outsourced partners — which creates near-term pressure on margins and operating expenses (approximately $10M incremental OpEx and ~75 bps gross margin headwind) and led to a tempered EPS outlook despite higher revenue guidance. A remaining regulatory approval in China for the Axcelis merger is a noted execution risk. Overall, the positive drivers and strong backlog/visibility substantially outweigh the manageable near-term costs and regulatory uncertainty.View all VECO earnings summariesVECO Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$61.33
▲(32.84% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Amtech Systems
―
Applied Materials
―
Axcelis Technologies
―
Lam Research
―
ACM Research
―
Ownership Overview
1.59% Insiders
40.43% Mutual Funds
0.19% Other Institutional Investors
27.46% Public Companies and
Individual Investors










