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USTechnology

Veeco Instruments Inc (VECO)

US · Technology · Semiconductor Equipment & Materials

$41.41+0.90%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$193.5M
Revenue YoY
+16.5%
Net profit
$11.9M
Profit YoY
+1.1%
EPS
$0.19
EPS estimate
$0.13
Net margin
6.1%

EPS came in at 0.19 against a street estimate of 0.13 — a beat of 46.2%.

Key statistics

Market cap
$2.68B
P/E
118.6
Forward P/E
13.9
P/B
3.09
Book value
$14.77
EPS (TTM)
$0.37
52-week high
$86.63
52-week low
$25.36
50-day MA
$51.36
200-day MA
$44.03
Beta
1.36

Analyst view

Analysts rate Veeco Instruments Inc a buy (5 buy, 2 hold, 0 sell out of 7) with an average price target of $61.33.

From the latest earnings call · 2026-08-05

CONFIDENT Veeco beat Q2 guidance with $193M revenue and $0.33 EPS. Strong AI-driven demand in advanced packaging, silicon photonics, and memory drove $200M Q2 order wins. Raised FY26 guidance but investing heavily ahead of 2027 ramp, pressuring near-term margins. Q2 2026 U.S. up from prior quarter on advanced semis; Asia Pacific ex-China down; China up. Analyst pressed on margin/EPS disconnect: management clarified that $200M orders ship in 2027 and near-term OpEx growth reflects deliberate capacity-ahead investments. Questioned revenue ramp timing; executives confirmed Q4 2026 start, Q1–Q2 2027 acceleration. 2026-08-05…

Full summary in the app.

Shareholding

Insiders
2.15%
Institutions
115.92%

Largest institutional holders

FundStake
BlackRock Inc15.39%
FMR Inc14.69%
Vanguard Portfolio Management, LLC7.66%
Neuberger Berman Group LLC5.64%
Vanguard Capital Management, LLC4.33%
State Street Corp4.05%
Manufacturers Life Insurance Co4.04%
Westwood Holdings Group Inc3.45%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
VEECO INSTRUMENTS INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net sales Q2 2026: $193.5 million vs. $166.1 million Q2 2025 (+16.5%) • Net sales f
2026-08-05
Results announced · Q3 2026
VEECO INSTRUMENTS Q2 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Revenue: $193.5 million (Q2 2026) vs. $166.1 million (Q2 2025) — 16.5% increase year-
2026-08-05
Shareholder vote results · Q2 2026
VEECO INSTRUMENTS INC. - 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held May 7, 2026 • 60,391,991 shares of common stock outstanding as of record
2026-05-07
Quarterly report · Q1 2026
VEECO INSTRUMENTS INC. – Q1 2026 SUMMARY --- HEADLINE NUMBERS • Net Sales: $158.3 million (Q1 2026) vs. $167.3 million (Q1 2025) – down 5.4% • Gros
2026-05-05
Results announced · Q2 2026
VEECO INSTRUMENTS INC. – Q1 2026 FINANCIAL RESULTS SUMMARY HEADLINE NUMBERS • Q1 2026 Revenue: $158.3 million vs. $167.3 million in Q1 2025 (down 5.
2026-05-05
Proxy statement · Q2 2026
VEECO INSTRUMENTS INC. – PROXY STATEMENT SUMMARY CEO COMPENSATION & CHANGE • William J. Miller (CEO) Total 2025 Compensation: $4,847,693 • Change fr
2026-03-19
Annual report FY2025
VEECO INSTRUMENTS INC. – FORM 10-K SUMMARY Fiscal Year Ended December 31, 2025 --- HEADLINE NUMBERS • Market Capitalization: $1,205,043,869 as of J
2026-02-25
Results announced · Q1 2026
VEECO INSTRUMENTS INC. - FINANCIAL SUMMARY HEADLINE NUMBERS • Q4 2025 Revenue: $165.0 million vs. $182.1 million in Q4 2024 (down 9.4%) • Q4 2025 GA
2026-02-25

Readable in the app.

Deals & corporate news

AnnouncementDate
Stockholders approve merger with Axcelis Technologies
Veeco Instruments stockholders voted on February 6, 2026 to approve their merger with Axcelis Technologies. The merger was overwhelmingly approved: 53.4 million shares voted in favor (98.9%
2026-02-06
Merger with Veeco progresses; regulatory approvals received, stockholder votes scheduled
Axcelis Technologies is acquiring Veeco Instruments in a merger announced September 30, 2025. The deal has cleared UK regulatory approval and Swedish filing requirements. Stockholder votes a
2026-02-02
Merger agreement with Axcelis Technologies; stockholder meeting scheduled for February 2026
Veeco Instruments is being acquired by Axcelis Technologies in a merger scheduled for stockholder vote on February 6, 2026. However, the deal faces legal challenges from stockholders who cla
2026-01-28
Merger agreement entered into with Axcelis Technologies
Axcelis Technologies agreed to acquire Veeco Instruments in an all-stock merger announced September 30, 2025. Veeco shareholders will receive 0.3575 Axcelis shares for each Veeco share owned
2025-10-01

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Data updated 2026-09-18.