Veeco Instruments (VECO) Stock Price, News & Analysis

Company Overview

Veeco Instruments Inc. (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco’s platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco’s product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems. Its flagship MOCVD reactors are used in the production of LEDs and power electronics, while its MBE systems enable research and production of advanced semiconductor materials. Complementary to these core technologies, Veeco offers metrology and inspection tools that ensure process control and yield optimization in advanced node facilities.

Founded as a spin-off from Varian Associates in 1999, Veeco has grown through targeted acquisitions and continuous innovation. The company expanded its market reach with the addition of Ultratech’s lithography and packaging equipment in 2017, reinforcing its position in the advanced packaging segment. Veeco invests heavily in research and development to stay at the forefront of emerging applications, including compound semiconductors, gallium nitride (GaN) devices and 3D packaging technologies.

Headquartered in Plainview, New York, Veeco operates manufacturing, R&D and service facilities across North America, Europe and the Asia-Pacific region, with key centers in Taiwan, South Korea, China and Japan. The company is led by President and CEO John W. Peeler Jr., who joined Veeco in 2011 and was appointed CEO in 2016. Under his leadership, Veeco has emphasized operational excellence and customer collaboration to address evolving needs in high-growth markets such as electric vehicles, 5G communications and next-generation lighting.

Key Stats

• Today's Range: $28.62 to $29.36
• 50-Day Range: $19.94 to $29.17
• 52-Week Range: $16.92 to $34.34
• Volume: 856,901 shs
• Average Volume: 930,653 shs
• Market Capitalization: $1.75 billion
• P/E Ratio: 28.60
• Dividend Yield: N/A
• Price Target: $27.33
• Consensus Rating: Moderate Buy

Veeco Instruments Stock Analysis - MarketRank™

Veeco Instruments scored higher than 60% of companies evaluated by MarketBeat, and ranked 334th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Veeco Instruments has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Downside Risk

Veeco Instruments has a consensus price target of $27.33, representing about 6.3% downside from its current price of $29.17.

Amount of Analyst Coverage

Veeco Instruments has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 55.26%

Earnings Growth

Earnings for Veeco Instruments are expected to grow by 55.26% in the coming year, from $0.76 to $1.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Veeco Instruments is 28.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 297.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Veeco Instruments is 28.60, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 451.96.

Price to Book Value per Share Ratio

Veeco Instruments has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.03% of the float of Veeco Instruments has been sold short.

Short Interest Ratio / Days to Cover

Veeco Instruments has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Veeco Instruments has recently decreased by 11.28%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Veeco Instruments does not currently pay a dividend.

Dividend Growth

Veeco Instruments does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.03% of the float of Veeco Instruments has been sold short.

Short Interest Ratio / Days to Cover

Veeco Instruments has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Veeco Instruments has recently decreased by 11.28%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.98

News Sentiment

Veeco Instruments has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Veeco Instruments this week, compared to 5 articles on an average week.

Search Interest

2 people have searched for VECO on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Veeco Instruments to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Veeco Instruments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $730,196.00 in company stock.

Percentage Held by Insiders

Only 2.30% of the stock of Veeco Instruments is held by insiders.

Percentage Held by Institutions

98.46% of the stock of Veeco Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VECO Stock Analysis - Frequently Asked Questions

How have VECO shares performed this year?

Veeco Instruments' stock was trading at $26.80 at the beginning of the year. Since then, VECO shares have increased by 8.8% and is now trading at $29.17.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) released its earnings results on Wednesday, August, 6th. The semiconductor company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.14. Veeco Instruments's revenue for the quarter was down 5.6% on a year-over-year basis.
Read the conference call transcript.

Does Veeco Instruments have any subsidiaries?

The following companies are subsidiaries of Veeco Instruments: Ultratech Inc., Solid State Equipment Holdings, Synos Technology, Fluens Corporation, Mill Lane Engineering, Advanced Imaging, NanoDevices, and more.

Who are Veeco Instruments' major shareholders?

Top institutional investors of Veeco Instruments include Wasatch Advisors LP (5.65%), The Manufacturers Life Insurance Company (5.34%), Paradigm Capital Management Inc. NY (4.01%) and Geode Capital Management LLC (2.39%). Insiders that own company stock include William John Miller, Adrian Devasahayam, John P Kiernan, Dennis Thomas St, Susan Wilkerson and Mary Jane Raymond.
View institutional ownership trends.

How do I buy shares of Veeco Instruments?

Shares of VECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Veeco Instruments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veeco Instruments investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/06/2025
• Today: 9/22/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC - MANUFT MACH
• Sub-Industry: Semiconductor Equipment
• Current Symbol: NASDAQ:VECO
• CIK: 103145
• Web: www.veeco.com
• Phone: (516) 677-0200
• Fax: 516-714-1200
• Employees: 1,231
• Year Founded: 1945

Price Target and Rating

• Average Price Target for Veeco Instruments: $27.33
• High Price Target: $35.00
• Low Price Target: $20.00
• Potential Upside/Downside: -6.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.02
• Trailing P/E Ratio: 28.60
• Forward P/E Ratio: 38.38
• P/E Growth: N/A
• Net Income: $73.71 million
• Net Margins: 8.65%
• Pretax Margin: 8.08%
• Return on Equity: 7.38%
• Return on Assets: 4.63%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 5.10
• Quick Ratio: 3.43

Sales & Book Value

• Annual Sales: $717.30 million
• Price / Sales: 2.45
• Cash Flow: $1.68 per share
• Price / Cash Flow: 17.32
• Book Value: $13.57 per share
• Price / Book: 2.15

Miscellaneous

• Outstanding Shares: 60,160,000
• Free Float: 58,778,000
• Market Cap: $1.75 billion
• Optionable: Optionable
• Beta: 1.23