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VECO

Veeco Instruments Inc.

VECO

NASDAQ·Technology·Semiconductors·Mkt cap $4.3B

$58.24

▼ -17.42%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$19.29 - $86.63

P/E

152.17

Fwd P/E

35.67

Beta

1.39

Div Yield

0.00%

Avg Vol

1.6M

Shares Out

60.4M

Mkt Cap

$4.3B

Price action

Price chart

Up 233.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

5 reasons

  • Proprietary advanced process equipment technology with high barriers to entry
  • Long-standing relationships with leading semiconductor manufacturers and foundries
  • Specialized expertise in niche but critical manufacturing processes (MOCVD, MBE, ALD)
  • Established service and support infrastructure for installed equipment base
  • 78+ years of industry experience and technical innovation since 1945
▼

Bear Case

1 risk

  • Average volatility.

Growth

Moderate growth ahead

Rising global semiconductor demand driven by AI, 5G, IoT, and data center expansion

Value

Fairly valued vs Semiconductor Equipment peers

Momentum

Hot

+105.2% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

“
Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.14 vs $0.20 consensus (-30.0% surprise). Revenue of $158.3M vs $160.1M expected (-1.1%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-30.0%

Next: May 6, 2026

Revenue trend · last 8Q

—

—

+5%

-4%

-6%

-10%

-9%

-5%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$175.9M

$184.8M

$182.1M

$167.3M

$166.1M

$165.9M

$165.0M

$158.3M

Margins · last 8Q

Gross

—

Operating

—

Profit

-0.2%

View full earnings history →

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

$55.00

▼ -5.6% vs $58.24

Low $55.00
Median $55.00
High $55.00

Latest: Barclays · $55.00 · May 19, 2026

1 analyst covering

View full analyst page →

vs Industry

How VECO stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.