NASDAQ:VECO Veeco Instruments (VECO) Stock Forecast, Price & News $26.26 -0.29 (-1.09%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$26.07▼$26.6250-Day Range$25.71▼$30.6652-Week Range$16.11▼$31.09Volume346,616 shsAverage Volume502,141 shsMarket Capitalization$1.48 billionP/E Ratio31.64Dividend YieldN/APrice Target$32.57 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Veeco Instruments MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside24.0% Upside$32.57 Price TargetShort InterestBearish9.96% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.26Based on 9 Articles This WeekInsider TradingSelling Shares$229,251 Sold Last QuarterProj. Earnings Growth31.11%From $0.90 to $1.18 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector292nd out of 586 stocksSemiconductor Equipment & Materials Industry3rd out of 3 stocks 3.3 Analyst's Opinion Consensus RatingVeeco 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.57, Veeco Instruments has a forecasted upside of 24.0% from its current price of $26.26.Amount of Analyst CoverageVeeco Instruments has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.96% of the outstanding shares of Veeco Instruments have been sold short.Short Interest Ratio / Days to CoverVeeco Instruments has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.Change versus previous monthShort interest in Veeco Instruments has recently increased by 1.08%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVeeco Instruments does not currently pay a dividend.Dividend GrowthVeeco Instruments does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VECO. Previous Next 1.8 News and Social Media Coverage News SentimentVeeco Instruments has a news sentiment score of 0.26. 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 lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Veeco Instruments this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for VECO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $229,251.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Veeco Instruments is held by insiders.Percentage Held by Institutions98.46% of the stock of Veeco Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Veeco Instruments are expected to grow by 31.11% in the coming year, from $0.90 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeco Instruments is 31.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeco Instruments is 31.64, 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 272.18.Price to Book Value per Share RatioVeeco Instruments has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Veeco Instruments (NASDAQ:VECO) StockVeeco 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.Read More VECO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VECO Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comVeeco Instruments Inc. (NASDAQ:VECO) Receives $32.57 Average Target Price from BrokeragesSeptember 20, 2023 | americanbankingnews.comVeeco Instruments Inc. (NASDAQ:VECO) Given Average Recommendation of "Moderate Buy" by AnalystsSeptember 21, 2023 | Behind the Markets (Ad)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...September 17, 2023 | americanbankingnews.comVeeco Instruments (NASDAQ:VECO) Trading Down 5%September 17, 2023 | americanbankingnews.comBenchmark Reiterates "Buy" Rating for Veeco Instruments (NASDAQ:VECO)September 15, 2023 | finance.yahoo.comVeeco Instruments Inc (VECO): A Deep Dive into Its Performance PotentialSeptember 15, 2023 | finance.yahoo.comVeeco Instruments (VECO): A Closer Look at Its Valuation StatusSeptember 13, 2023 | msn.comCiti initiates Veeco Instruments with Buy ratingSeptember 21, 2023 | Chaikin Analytics (Ad)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.September 13, 2023 | americanbankingnews.comVeeco Instruments (NASDAQ:VECO) Coverage Initiated by Analysts at CitigroupSeptember 6, 2023 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Veeco Instruments' (NASDAQ:VECO) Returns On CapitalSeptember 2, 2023 | msn.comNeedham Initiates Coverage of Veeco Instruments (VECO) with Buy RecommendationSeptember 1, 2023 | msn.comVeeco Instruments: Brokerage Needham says turnaround underway, initiates at 'buy'August 31, 2023 | msn.comVeeco Instruments (VECO) Price Target Increased by 21.54% to 32.23August 20, 2023 | finance.yahoo.comDespite shrinking by US$97m in the past week, Veeco Instruments (NASDAQ:VECO) shareholders are still up 160% over 5 yearsAugust 9, 2023 | finance.yahoo.comVeeco Instruments Inc. (NASDAQ:VECO) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | msn.comGoldman Sachs Maintains Veeco Instruments (VECO) Neutral RecommendationAugust 8, 2023 | markets.businessinsider.comExpert Ratings for Veeco InstrumentsAugust 8, 2023 | finance.yahoo.comVeeco Reports Second Quarter 2023 Financial Results With Record Semiconductor RevenueAugust 8, 2023 | finance.yahoo.comQ2 2023 Veeco Instruments Inc Earnings CallAugust 7, 2023 | seekingalpha.comVeeco Instruments Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | benzinga.comEarnings Preview: Veeco InstrumentsAugust 3, 2023 | msn.comMKS Instruments (MKSI) Beats Q2 Earnings and Revenue EstimatesJuly 28, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Veeco Instruments (NASDAQ:VECO) Passed With EaseJuly 13, 2023 | finance.yahoo.comWhat Does Veeco Instruments Inc.'s (NASDAQ:VECO) Share Price Indicate?July 13, 2023 | seekingalpha.comVeeco Instruments: The Boost From China Is Not Likely To LastJuly 7, 2023 | finance.yahoo.com3 Top-Rated Technology Stocks That Still Have Room to RunSee 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. Email Address VECO Company Calendar Last Earnings8/07/2023Today9/21/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductor Equipment & Materials Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:VECO CUSIP92241710 CIK103145 Webwww.veeco.com Phone(516) 677-0200Fax516-714-1200Employees1,221Year Founded1945Price 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 RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.83 Trailing P/E Ratio31.64 Forward P/E Ratio29.18 P/E GrowthN/ANet Income$166.94 million Net Margins10.51% Pretax Margin-7.48% Return on Equity10.50% Return on Assets5.15% Debt Debt-to-Equity Ratio0.45 Current Ratio2.51 Quick Ratio1.65 Sales & Book Value Annual Sales$646.14 million Price / Sales2.29 Cash Flow$1.75 per share Price / Cash Flow14.99 Book Value$11.24 per share Price / Book2.34Miscellaneous Outstanding Shares56,350,000Free Float54,994,000Market Cap$1.48 billion OptionableOptionable Beta1.26 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs 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 ExecutivesDr. William John Miller Ph.D. (Age 55)CEO & Director Comp: $1.17MMr. John P. Kiernan (Age 61)Sr. VP & CFO Comp: $677.85kMs. Susan Wilkerson (Age 61)Sr. VP of Global Sales & Services Comp: $663.76kDr. Peter Porshnev Ph.D. (Age 59)Sr. VP of Unified Engineering Comp: $623.3kDr. Adrian Devasahayam Ph.D. (Age 52)Sr. VP of Product Line Management Comp: $570.34kMr. Mark HarrisSr. VP of Global OperationsMr. Ajit Paranjpe (Age 60)Chief Technology Officer Mr. Robert W. BradshawChief Admin. OfficerAnthony PapponeHead of Investor RelationsKirk MackeyVP, Head of Legal, Gen. Counsel & Sec.More ExecutivesKey CompetitorsACM ResearchNASDAQ:ACMRDiebold NixdorfNYSE:DBDDonnelley Financial SolutionsNYSE:DFINAltice USANYSE:ATUSE2open ParentNYSE:ETWOView All CompetitorsInsiders & InstitutionsSusan WilkersonSold 1,546 sharesTotal: $44,045.54 ($28.49/share)Comerica BankBought 6,915 shares on 8/22/2023Ownership: 0.012%California State Teachers Retirement SystemSold 1,733 shares on 8/21/2023Ownership: 0.111%Teachers Retirement System of The State of KentuckyBought 903 shares on 8/21/2023Ownership: 0.028%Osaic Holdings Inc.Bought 459 shares on 8/21/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Veeco Instruments' stock? ETFs with the largest weight of Veeco Instruments (NASDAQ:VECO) stock in their portfolio include Invesco Semiconductors ETF (PSI), ProShares Nanotechnology ETF (TINY), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap Information Technology ETF (PSCT), Etho Climate Leadership US ETF (ETHO) and Barrons 400 ETF (BFOR).IQ Chaikin U.S. Small Cap ETF (CSML). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veeco Instruments Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.