VECO
Veeco Instruments Inc
NASDAQ: VECO · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$61.21
-8.18% today
Updated 2026-06-05
Market cap
$4.73B
P/E ratio
203.89
P/S ratio
7.22x
EPS (TTM)
$0.38
Dividend yield
—
52W range
$19 – $87
Volume
1.4M
WallStSmart proprietary scores
33
out of 100
Grade: F
Strong Sell
Investment rating
2.7
Growth
F8.0
Quality
A3.5
Profitability
D4.7
Valuation
C4/9
Piotroski F-Score
Moderate
2.0
Altman Z-Score
Grey zone
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$40.60
-33.67%
12-Month target
$15.36
-74.91%
Intrinsic (DCF)
$30.19
Margin of safety
-7.98%
Price chart
Stock snapshot
Strengths
+ Free cash flow $2.83M — positive
+ Debt/equity 0.30x — low leverage
Risks
- Thin margins at 3.53%
- Revenue declining -5.40% QoQ
- P/E 203.89x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $646.14M | $666.43M | $717.30M | $664.29M | $655.34M | $0.8B |
| Net income | $166.94M | $-30.37M | $73.71M | $35.39M | $-324000.00 | — |
| EPS | — | — | — | — | $0.38 | $1.68 |
| Free cash flow | $83.88M | $33.74M | $45.70M | $45.70M | $2.83M | — |
| Profit margin | 25.84% | -4.56% | 10.28% | 5.33% | 3.53% | — |
Peer comparison
Smart narrative
Veeco Instruments Inc trades at $61.21. representing a P/E of 203.89x trailing earnings. Our Smart Value Score of 33/100 indicates the stock is weak. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 1.99, it sits in the grey zone. TTM revenue stands at $655.34M. with profit margins at 3.53%. Our DCF model estimates intrinsic value at $30.19.
Frequently asked questions
What is Veeco Instruments Inc's stock price?
Veeco Instruments Inc (VECO) trades at $61.21, on a P/E of 203.9x and a P/S of 7.2x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Veeco Instruments Inc overvalued?
Veeco Instruments Inc carries a Smart Value Score of 33/100 (Grade F), which we rate Strong Sell. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $30.19 against the $61.21 price, so on cash flow terms the market is paying a premium for Veeco Instruments Inc's growth. The Strong Sell rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Veeco Instruments Inc (VECO)?
The 12-month analyst consensus target is $40.60, about 33.7% below the current $61.21. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of VECO by 2030?
Our research-backed model puts the 2030 base case at $92.04, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Veeco Instruments Inc (VECO)?
Our DCF model estimates intrinsic value at $30.19, a -8.0% margin of safety versus today's $61.21. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Veeco Instruments Inc's revenue?
Veeco Instruments Inc's trailing twelve-month revenue is $655.34M, and our model projects it reaching about $1.77B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Veeco Instruments Inc's Altman Z-Score is 1.99, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustrySEMICONDUCTOR EQUIPMENT & MATERIALS
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio7.22x
ROE2.62%
Beta1.39
50D MA$53.44
200D MA$35.94
Shares out0.06B
Float0.06B
Short ratio—
Avg volume1.4M
Performance
1 week—
1 month—
3 months—
YTD—
1 year—
3 years—
5 years—