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Veeco Instruments Inc. VECO
Technology - Semiconductors - NASDAQ - US
Watchlist
$ 17.94
0.0558 %
$ 1.04 B
Market Cap
14.59
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VECO stock under the worst case scenario is HIDDEN Compared to the current market price of 17.9 USD, Veeco Instruments Inc. is HIDDEN

VECO Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VECO stock under the base case scenario is HIDDEN Compared to the current market price of 17.9 USD, Veeco Instruments Inc. is HIDDEN

VECO Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VECO stock under the best case scenario is HIDDEN Compared to the current market price of 17.9 USD, Veeco Instruments Inc. is HIDDEN

VECO Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart VECO

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1M -18%
6M -70%
1Y -82%
3Y -31%
5Y 82%
All
$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
717 M REVENUE
7.63%
Growth Rates
1Year 7.63%
3Years 7.14%
5Years 11.33%
7Years 5.76%
10Years 6.20%
67 M OPERATING INCOME
-4.23%
Growth Rates
1Year -4.23%
3Years 5.71%
5Years 33.86%
7Years 17.27%
10Years 11.02%
73.7 M NET INCOME
342.74%
Growth Rates
1Year 342.74%
3Years 41.46%
5Years 24.04%
7Years 20.30%
10Years 11.98%
63.8 M OPERATING CASH FLOW
3.47%
Growth Rates
1Year 3.47%
3Years -1.97%
5Years 60.36%
7Years 9.34%
10Years 4.25%
-64.5 M INVESTING CASH FLOW
-21.03%
Growth Rates
1Year -21.03%
3Years -34.80%
5Years 3.18%
7Years 21.70%
10Years -24.53%
-12.6 M FINANCING CASH FLOW
-168.78%
Growth Rates
1Year -168.78%
3Years 53.11%
5Years -151.61%
7Years -0.54%
10Years -8.68%
182 M REVENUE
-1.45%
Growth Rates
1Year 7.63%
3Years 7.14%
5Years 11.33%
7Years 5.76%
10Years 6.20%
3.88 M OPERATING INCOME
-84.06%
Growth Rates
1Year -4.23%
3Years 5.71%
5Years 33.86%
7Years 17.27%
10Years 11.02%
15 M NET INCOME
-30.20%
Growth Rates
1Year 342.74%
3Years 41.46%
5Years 24.04%
7Years 20.30%
10Years 11.98%
28.4 M OPERATING CASH FLOW
61.15%
Growth Rates
1Year 3.47%
3Years -1.97%
5Years 60.36%
7Years 9.34%
10Years 4.25%
-45.7 M INVESTING CASH FLOW
-54.39%
Growth Rates
1Year -21.03%
3Years -34.80%
5Years 3.18%
7Years 21.70%
10Years -24.53%
-254 K FINANCING CASH FLOW
-28.38%
Growth Rates
1Year -168.78%
3Years 53.11%
5Years -151.61%
7Years -0.54%
10Years -8.68%
Balance Sheet Veeco Instruments Inc.
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Current Assets 765 M
Cash & Short-Term Investments 344 M
Receivables 134 M
Other Current Assets 286 M
Non-Current Assets 487 M
Long-Term Investments 0
PP&E 140 M
Other Non-Current Assets 347 M
27.51 %10.70 %22.87 %11.21 %27.71 %Total Assets$1.3b
Current Liabilities 192 M
Accounts Payable 43.5 M
Short-Term Debt 26.5 M
Other Current Liabilities 122 M
Non-Current Liabilities 289 M
Long-Term Debt 284 M
Other Non-Current Liabilities 4.5 M
9.05 %5.51 %25.43 %59.07 %Total Liabilities$480.8m
EFFICIENCY
Earnings Waterfall Veeco Instruments Inc.
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Revenue 717 M
Cost Of Revenue 413 M
Gross Profit 304 M
Operating Expenses 237 M
Operating Income 67 M
Other Expenses -6.73 M
Net Income 73.7 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00717m(413m)304m(237m)67m7m74mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
42.38% GROSS MARGIN
42.38%
Averages
1Year 42.38%
3Years 41.96%
5Years 42.04%
7Years 40.52%
10Years 39.88%
9.34% OPERATING MARGIN
9.34%
Averages
1Year 9.34%
3Years 9.72%
5Years 8.77%
7Years -5.68%
10Years -9.40%
10.28% NET MARGIN
10.28%
Averages
1Year 10.28%
3Years 10.52%
5Years 6.83%
7Years -8.53%
10Years -11.24%
9.56% ROE
9.56%
Averages
1Year 9.56%
3Years 11.31%
5Years 7.57%
7Years -10.88%
10Years -10.65%
5.89% ROA
5.89%
Averages
1Year 5.89%
3Years 6.07%
5Years 4.04%
7Years -4.95%
10Years -5.76%
6.61% ROIC
6.61%
Averages
1Year 6.61%
3Years 12.03%
5Years 9.42%
7Years -1.39%
10Years -3.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Veeco Instruments Inc.
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100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 73.7 M
Depreciation & Amortization 25.1 M
Capital Expenditures -18.1 M
Stock-Based Compensation 35.9 M
Change in Working Capital -70.7 M
Others -47 M
Free Cash Flow 45.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Veeco Instruments Inc.
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Wall Street analysts predict an average 1-year price target for VECO of $39.1 , with forecasts ranging from a low of $24 to a high of $55 .
VECO Lowest Price Target Wall Street Target
24 USD 33.78%
VECO Average Price Target Wall Street Target
39.1 USD 118.19%
VECO Highest Price Target Wall Street Target
55 USD 206.58%
Price
Max Price Target
Min Price Target
Average Price Target
555550504545404035353030252520201515May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 4
6. Ownership
Insider Ownership Veeco Instruments Inc.
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Sold
0-3 MONTHS
113 K USD 1
3-6 MONTHS
213 K USD 1
6-9 MONTHS
245 K USD 1
9-12 MONTHS
1.53 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Veeco Announces Upcoming Investor Event PLAINSVIEW, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in a Fireside Chat at Morgan Stanley's Technology, Media, & Telecom Conference at 6:20 PM ET on Monday, March 3rd, 2025, at the Palace Hotel in San Francisco, CA. Veeco management will also be available to meet in person with investors during the conference. Interested investors should contact their Morgan Stanley representative to secure a meeting time. globenewswire.com - 1 month ago
Veeco Instruments (VECO) Q4 Earnings and Revenues Top Estimates Veeco Instruments (VECO) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.51 per share a year ago. zacks.com - 2 months ago
Veeco Instruments Inc. (VECO) Q4 2024 Earnings Call Transcript Veeco Instruments Inc. (NASDAQ:VECO ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Anthony Pappone - Head of Investor Relations Bill Miller - Chief Executive Officer John Kiernan - Chief Financial Officer Conference Call Participants Charles Shi - Needham & Company Wei Mok - Oppenheimer Mark Miller - Benchmark Gus Richard - Northland Capital Dave Duley - Steelhead Securities Operator Ladies and gentlemen, greetings, and welcome to the Veeco Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants lines are in a listen-only mode. seekingalpha.com - 2 months ago
Veeco Reports Fourth Quarter and Fiscal Year 2024 Financial Results Fourth Quarter 2024 Highlights: Revenue of $182.1 million, compared with $173.9 million in the same period last year GAAP net income of $15.0 million, or $0.26 per diluted share, compared with $21.6 million, or $0.37 per diluted share in the same period last year Non-GAAP net income of $24.2 million, or $0.41 per diluted share, compared with $29.8 million, or $0.51 per diluted share in the same period last year Fiscal Year 2024 Highlights: Revenue of $717.3 million, compared with $666.4 million in the same period last year GAAP net income of $73.7 million, or $1.23 per diluted share, compared with GAAP net loss of $30.4 million or $0.56 loss per diluted share in the same period last year Non-GAAP net income of $104.3 million, or $1.74 per diluted share, compared with $98.3 million, or $1.69 per diluted share in the same period last year PLAINVIEW, N.Y., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. globenewswire.com - 2 months ago
Veeco Announces Date for Fourth Quarter Financial Results and Conference Call PLAINVIEW, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter 2024 financial results after the market closes on Wednesday, February 12, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day. globenewswire.com - 2 months ago
Why Citi is bullish on the chip sector Citi (C) analysts express optimism for the semiconductor sector, upgrading several companies from Neutral to Buy, including Nova (NOVA), Veeco Instruments (VECO), Advanced Energy Industries (AEIS), and MKS Instruments (MKSI). The analysts' positive outlook spans small-, mid-, and large-cap companies, as well as component manufacturers and consumable chip producers. youtube.com - 3 months ago
Veeco Announces Upcoming Investor Event PLAINVIEW, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference at 1:30 PM ET on Tuesday, January 14, 2025, at the Lotte New York Palace Hotel in New York City, NY. Veeco management will also be available to meet in person with investors during the conference. Interested investors should contact their Needham representative to secure a meeting time. globenewswire.com - 3 months ago
PlayNitride Selects Veeco's Lumina MOCVD System for MicroLED Production Supporting Next Generation Applications PLAINVIEW, N.Y., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that PlayNitride, an industry leader in MicroLED technology, has qualified Veeco's Lumina® MOCVD system for production of next-generation MicroLEDs, and also placed an order for two systems for delivery in 2025. PlayNitride's decision followed a successful evaluation of Veeco's Lumina® MOCVD system. globenewswire.com - 4 months ago
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: globenewswire.com - 4 months ago
Veeco Instruments Inc. (VECO) Q3 2024 Earnings Call Transcript Veeco Instruments Inc. (VECO) Q3 2024 Earnings Call Transcript seekingalpha.com - 5 months ago
Veeco Instruments (VECO) Q3 Earnings and Revenues Top Estimates Veeco Instruments (VECO) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.53 per share a year ago. zacks.com - 5 months ago
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. gurufocus.com - 6 months ago
8. Profile Summary

Veeco Instruments Inc. VECO

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COUNTRY US
INDUSTRY Semiconductors
MARKET CAP $ 1.04 B
Dividend Yield 0.00%
Description Veeco 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.
Contact 1 Terminal Drive, Plainview, NY, 11803 https://www.veeco.com
IPO Date Nov. 29, 1994
Employees 1231
Officers Mr. Robert W. Bradshaw Chief Administrative Officer Dr. Adrian Devasahayam Ph.D. Senior Vice President of Product Line Management Mr. Jean-Charles Bossert Senior Vice President of Global Operations Mr. Anthony Pappone Head of Investor Relations Dr. Peter Porshnev Ph.D. Senior Vice President of Unified Engineering Mr. Kirk W. Mackey Vice President, Head of Legal, General Counsel & Secretary Mr. John P. Kiernan CPA Senior Vice President & Chief Financial Officer Ms. Susan Wilkerson Senior Vice President of Global Sales & Services Dr. William John Miller Ph.D. Chief Executive Officer & Director