Veeco Instruments Inc. (VECO)
Market Cap | 1.63B |
Revenue (ttm) | 709.09M |
Net Income (ttm) | 80.39M |
Shares Out | 56.78M |
EPS (ttm) | 1.35 |
PE Ratio | 21.09 |
Forward PE | 17.31 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 216,174 |
Open | 28.74 |
Previous Close | 29.07 |
Day's Range | 28.21 - 28.74 |
52-Week Range | 25.52 - 49.25 |
Beta | 1.14 |
Analysts | Buy |
Price Target | 42.14 (+46.73%) |
Earnings Date | Nov 6, 2024 |
About VECO
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. 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, advanced packaging lithography, atomic layer deposition, and other dep... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for VECO stock is "Buy." The 12-month stock price forecast is $42.14, which is an increase of 46.73% from the latest price.
News
Veeco Announces Upcoming Investor Events
PLAINVIEW, N.Y., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in the following investor events:
Veeco Instruments Inc. (VECO) Q3 2024 Earnings Call Transcript
Veeco Instruments Inc. (VECO) Q3 2024 Earnings Call Transcript
Invesco Ltd.'s Strategic Reduction in Veeco Instruments Inc.
In a notable move within the investment community, Invesco Ltd. (Trades, Portfolio) recently adjusted its holdings in Veeco Instruments Inc. (VECO, Financial), a key player in the semiconductor sector...
Veeco Instruments Inc (VECO) Shares Up 3.28% on Oct 2
Shares of Veeco Instruments Inc (VECO, Financial) surged 3.28% in mid-day trading on Oct 2. The stock reached an intraday high of $33.30, before settling at $33.23, up from its previous close of $32.1...
Veeco Announces Agreement with IBM to Explore Wet Processing System for Advanced Packaging Applications
Veeco's WaferStorm® Wet Processing System to Enable Essential Cleaning Processes in Hybrid Bonding for IBM Veeco's WaferStorm® Wet Processing System to Enable Essential Cleaning Processes in Hybrid Bo...
Veeco Instruments Inc. (VECO) Q2 2024 Earnings Call Transcript
Veeco Instruments Inc. (VECO) Q2 2024 Earnings Call Transcript
Veeco Announces Date for Second Quarter Financial Results and Conference Call
PLAINVIEW, N.Y., July 16, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024. ...
Veeco Instruments Is Riding the AI Wave
As AI demand continues to build, semiconductor industry suppliers like Veeco Instruments Inc. (VECO) keep benefiting.
AI Needs More Chip Factories. These Stocks Should Benefit.
Foundations are being poured for chip foundries in America, Asia, and Europe, with tens of billions in government and industry commitments.
Growing Leading-Edge Opportunities Driving Gains At Veeco
Veeco Instruments has performed fairly well, but still offers the potential for significant revenue growth in leading-edge tools for semiconductor manufacturing. The company's prime opportunities lie ...
Veeco Instruments Inc. (VECO) Q1 2024 Earnings Call Transcript
Veeco Instruments Inc. (NASDAQ:VECO) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Anthony Pappone - Head of Investor Relations Bill Miller - Chief Executive Officer Jo...
Leading Edge Semiconductor Company Places Multi-System Laser Annealing Order Including First Nanosecond Annealing System
LSA201 and NSA500 Annealing Systems Chosen for High Volume Production of 2 Nanometer Gate-All-Around Logic Chips LSA201 and NSA500 Annealing Systems Chosen for High Volume Production of 2 Nanometer Ga...
Veeco Announces Date for First Quarter Financial Results and Conference Call
PLAINVIEW, N.Y., April 16, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its first quarter 2024 financial results after the market closes on Tuesday, May 7, 2024. The...
Veeco Releases Sustainability Report Highlighting Progress and Dedication to ESG Goals
PLAINVIEW, N.Y., March 20, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today released its fifth Sustainability Report highlighting the Company's progress towards environmental, soci...
Veeco Instruments, Inc. (VECO) Q4 2023 Earnings Call Transcript
Veeco Instruments, Inc. (VECO) Q4 2023 Earnings Call Transcript
Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Fourth Quarter 2023 Highlights: Revenue of $173.9 million, compared with $153.8 million in the same period last year GAAP net income of $21.6 million, or $0.37 per diluted share, compared with $128.9 ...
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Veeco Announces Date for Fourth Quarter and Full-Year 2023 Financial Results and Conference Call
PLAINVIEW, N.Y., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter and full-year 2023 financial results after the market closes on Wednesday, ...
Veeco Updates Fourth Quarter 2023 Guidance and Provides Initial 2024 Outlook
PLAINVIEW, N.Y., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today has updated its financial guidance for the fourth quarter of 2023 and provided an initial 2024 outlook.
Veeco Announces Upcoming Investor Event
PLAINVIEW, N.Y., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the 26th Annual Needham Growth Conference at 11:45 A...
Veeco Instruments, Inc. (VECO) Q3 2023 Earnings Call Transcript
Veeco Instruments, Inc. (NASDAQ:VECO) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Anthony Pappone - Head of IR William Miller - Chief Executive Officer John Kier...
Veeco Reports Third Quarter 2023 Financial Results
Third Quarter 2023 Highlights: Revenue of $177.4 million, compared with $171.9 million in the same period last year GAAP net income of $24.6 million, or $0.42 per diluted share, compared with $15.0 mi...
Veeco Ships First Nanosecond Annealing System to a Tier 1 Logic Customer
Introduction of the NSA500 Nanosecond Annealing System Represents a Significant Opportunity for Veeco to Expand its Served Available Market to a Broad Range of New Laser Annealing Applications Introdu...
Veeco Announces Date For Third Quarter Financial Results And Conference Call
PLAINVIEW, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2023 financial results after the market closes on Monday, November 6, 2023. ...
Veeco Instruments: Opportunities Across The Board And Not Overvalued
Veeco has been executing better in its core business despite downturns in areas like hard drive capex, and recently won its first laser anneal business with a memory chip company. The company is targe...