QQQ   357.86 (-1.83%)
AAPL   173.93 (-0.89%)
MSFT   319.53 (-0.39%)
META   295.73 (-1.31%)
GOOGL   130.44 (-2.47%)
AMZN   129.33 (-4.41%)
TSLA   255.70 (-2.62%)
NVDA   410.17 (-2.89%)
NIO   8.46 (-4.19%)
BABA   84.12 (-1.89%)
AMD   96.11 (-4.22%)
T   15.31 (-1.61%)
F   12.20 (-1.30%)
MU   67.90 (-2.55%)
CGC   0.77 (-11.53%)
GE   112.97 (-1.64%)
DIS   82.73 (+0.21%)
AMC   7.71 (-5.51%)
PFE   32.85 (-2.29%)
PYPL   58.62 (-3.68%)
NFLX   384.15 (-0.56%)
QQQ   357.86 (-1.83%)
AAPL   173.93 (-0.89%)
MSFT   319.53 (-0.39%)
META   295.73 (-1.31%)
GOOGL   130.44 (-2.47%)
AMZN   129.33 (-4.41%)
TSLA   255.70 (-2.62%)
NVDA   410.17 (-2.89%)
NIO   8.46 (-4.19%)
BABA   84.12 (-1.89%)
AMD   96.11 (-4.22%)
T   15.31 (-1.61%)
F   12.20 (-1.30%)
MU   67.90 (-2.55%)
CGC   0.77 (-11.53%)
GE   112.97 (-1.64%)
DIS   82.73 (+0.21%)
AMC   7.71 (-5.51%)
PFE   32.85 (-2.29%)
PYPL   58.62 (-3.68%)
NFLX   384.15 (-0.56%)
QQQ   357.86 (-1.83%)
AAPL   173.93 (-0.89%)
MSFT   319.53 (-0.39%)
META   295.73 (-1.31%)
GOOGL   130.44 (-2.47%)
AMZN   129.33 (-4.41%)
TSLA   255.70 (-2.62%)
NVDA   410.17 (-2.89%)
NIO   8.46 (-4.19%)
BABA   84.12 (-1.89%)
AMD   96.11 (-4.22%)
T   15.31 (-1.61%)
F   12.20 (-1.30%)
MU   67.90 (-2.55%)
CGC   0.77 (-11.53%)
GE   112.97 (-1.64%)
DIS   82.73 (+0.21%)
AMC   7.71 (-5.51%)
PFE   32.85 (-2.29%)
PYPL   58.62 (-3.68%)
NFLX   384.15 (-0.56%)
QQQ   357.86 (-1.83%)
AAPL   173.93 (-0.89%)
MSFT   319.53 (-0.39%)
META   295.73 (-1.31%)
GOOGL   130.44 (-2.47%)
AMZN   129.33 (-4.41%)
TSLA   255.70 (-2.62%)
NVDA   410.17 (-2.89%)
NIO   8.46 (-4.19%)
BABA   84.12 (-1.89%)
AMD   96.11 (-4.22%)
T   15.31 (-1.61%)
F   12.20 (-1.30%)
MU   67.90 (-2.55%)
CGC   0.77 (-11.53%)
GE   112.97 (-1.64%)
DIS   82.73 (+0.21%)
AMC   7.71 (-5.51%)
PFE   32.85 (-2.29%)
PYPL   58.62 (-3.68%)
NFLX   384.15 (-0.56%)
NASDAQ:VECO

Veeco Instruments (VECO) Stock Forecast, Price & News

$26.26
-0.29 (-1.09%)
(As of 09/21/2023 ET)
Compare
Today's Range
$26.07
$26.62
50-Day Range
$25.71
$30.66
52-Week Range
$16.11
$31.09
Volume
346,616 shs
Average Volume
502,141 shs
Market Capitalization
$1.48 billion
P/E Ratio
31.64
Dividend Yield
N/A
Price Target
$32.57

Veeco Instruments MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
24.0% Upside
$32.57 Price Target
Short Interest
Bearish
9.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of Veeco Instruments in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$229,251 Sold Last Quarter
Proj. Earnings Growth
31.11%
From $0.90 to $1.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Computer And Technology Sector

292nd out of 586 stocks

Semiconductor Equipment & Materials Industry

3rd out of 3 stocks


VECO stock logo

About Veeco Instruments (NASDAQ:VECO) Stock

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

VECO Price History

VECO Stock News Headlines

AI Creates New Cancer Drug - In Just 30 Days!
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Veeco Instruments (NASDAQ:VECO) Trading Down 5%
Benchmark Reiterates "Buy" Rating for Veeco Instruments (NASDAQ:VECO)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Expert Ratings for Veeco Instruments
Q2 2023 Veeco Instruments Inc Earnings Call
Earnings Preview: Veeco Instruments
See More Headlines
Receive VECO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Veeco Instruments and its competitors with MarketBeat's FREE daily newsletter.

VECO Company Calendar

Last Earnings
8/07/2023
Today
9/21/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductor Equipment & Materials
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:VECO
CUSIP
92241710
Employees
1,221
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$32.57
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+24.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$166.94 million
Pretax Margin
-7.48%

Debt

Sales & Book Value

Annual Sales
$646.14 million
Cash Flow
$1.75 per share
Book Value
$11.24 per share

Miscellaneous

Free Float
54,994,000
Market Cap
$1.48 billion
Optionable
Optionable
Beta
1.26

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Dr. William John Miller Ph.D. (Age 55)
    CEO & Director
    Comp: $1.17M
  • Mr. John P. Kiernan (Age 61)
    Sr. VP & CFO
    Comp: $677.85k
  • Ms. Susan  WilkersonMs. Susan Wilkerson (Age 61)
    Sr. VP of Global Sales & Services
    Comp: $663.76k
  • Dr. Peter Porshnev Ph.D. (Age 59)
    Sr. VP of Unified Engineering
    Comp: $623.3k
  • Dr. Adrian Devasahayam Ph.D. (Age 52)
    Sr. VP of Product Line Management
    Comp: $570.34k
  • Mr. Mark Harris
    Sr. VP of Global Operations
  • Mr. Ajit Paranjpe (Age 60)
    Chief Technology Officer
  • Mr. Robert W. Bradshaw
    Chief Admin. Officer
  • Anthony Pappone
    Head of Investor Relations
  • Kirk Mackey
    VP, Head of Legal, Gen. Counsel & Sec.













VECO Stock - Frequently Asked Questions

Should I buy or sell Veeco Instruments stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VECO shares.
View VECO analyst ratings
or view top-rated stocks.

What is Veeco Instruments' stock price forecast for 2023?

6 Wall Street analysts have issued 1 year price objectives for Veeco Instruments' shares. Their VECO share price forecasts range from $28.00 to $37.00. On average, they predict the company's stock price to reach $32.57 in the next year. This suggests a possible upside of 24.0% from the stock's current price.
View analysts price targets for VECO
or view top-rated stocks among Wall Street analysts.

How have VECO shares performed in 2023?

Veeco Instruments' stock was trading at $18.58 at the start of the year. Since then, VECO stock has increased by 41.3% and is now trading at $26.26.
View the best growth stocks for 2023 here
.

When is Veeco Instruments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our VECO earnings forecast
.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its earnings results on Monday, August, 7th. The semiconductor company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. The semiconductor company earned $161.64 million during the quarter, compared to analysts' expectations of $157.50 million. Veeco Instruments had a trailing twelve-month return on equity of 10.50% and a net margin of 10.51%.

What guidance has Veeco Instruments issued on next quarter's earnings?

Veeco Instruments issued an update on its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share guidance of $0.30-$0.40 for the period, compared to the consensus EPS estimate of $0.33. The company issued revenue guidance of $155.00 million-$175.00 million, compared to the consensus revenue estimate of $168.26 million.

What is William J. Miller's approval rating as Veeco Instruments' CEO?

10 employees have rated Veeco Instruments Chief Executive Officer William J. Miller on Glassdoor.com. William J. Miller has an approval rating of 95% among the company's employees. This puts William J. Miller in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Veeco Instruments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veeco Instruments investors own include NVIDIA (NVDA), AT&T (T), Energy Transfer (ET), Gilead Sciences (GILD), Intel (INTC), Advanced Micro Devices (AMD), FireEye (FEYE), AbbVie (ABBV), Salesforce (CRM) and Ford Motor (F).

What is Veeco Instruments' stock symbol?

Veeco Instruments trades on the NASDAQ under the ticker symbol "VECO."

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.70%), Wasatch Advisors LP (5.56%), Dimensional Fund Advisors LP (4.12%), Paradigm Capital Management Inc. NY (3.63%), State Street Corp (3.16%) and Neumeier Poma Investment Counsel LLC (2.50%). Insiders that own company stock include Adrian Devasahayam, Dennis Thomas St, John P Kiernan, Mary Jane Raymond, Peter J Simone and Susan Wilkerson.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Veeco Instruments' stock price today?

One share of VECO stock can currently be purchased for approximately $26.26.

How much money does Veeco Instruments make?

Veeco Instruments (NASDAQ:VECO) has a market capitalization of $1.48 billion and generates $646.14 million in revenue each year. The semiconductor company earns $166.94 million in net income (profit) each year or $0.83 on an earnings per share basis.

How many employees does Veeco Instruments have?

The company employs 1,221 workers across the globe.

Does Veeco Instruments have any subsidiaries?
The following companies are subsidiares of Veeco Instruments: Advanced Imaging, Applied Epi, Digital Instruments, Fluens Corporation, Ion Tech, Mill Lane Engineering, Monarch Labs, NanoDevices, OptiMag, Solid State Equipment Holdings, Synos Technology, TM Microscopes, ThermoMicroscopes Corp, Ultra-Tech Technologies Israel Ltd., Ultratech Inc., Ultratech International Inc., Veeco APAC LLC, Veeco Asia Pte. Ltd., Veeco GmbH, Veeco Instruments (Shanghai) Co. Ltd., Veeco Instruments Limited, Veeco Japan Ltd., Veeco Korea LLC, Veeco Malaysia Sdn. Bhd., Veeco Netherlands BV, Veeco Process Equipment Inc., and Veeco Taiwan Inc..
Read More
How can I contact Veeco Instruments?

Veeco Instruments' mailing address is Terminal Drive, Plainview NY, 11803. The official website for the company is www.veeco.com. The semiconductor company can be reached via phone at (516) 677-0200, via email at investorrelations@veeco.com, or via fax at 516-714-1200.

This page (NASDAQ:VECO) was last updated on 9/21/2023 by MarketBeat.com Staff

My Account -