Veeco
VECO
Market cap $1.86B

32.82 USD

+0.52

1.61%

At close Oct 4, 4:00 PM EDT

After hours

32.82

+0.00

1 day

1.61%

5 days

-0.85%

1 month

10.62%

3 months

-31.28%

6 months

-7.89%

Year to date

7.47%

1 year

20.04%

5 years

184.40%

About: Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.

Employees: 1,215

Industrials Special Industry Machinery

Funds holding %

of 6,728 funds

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 30

76% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $8.64M

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

33% more capital invested

Capital invested by funds: $2.12B [Q1] → $2.82B (+$702M) [Q2]

12% more funds holding

Funds holding: 234 [Q1] → 261 (+27) [Q2]

0.32% less ownership

Funds ownership: 107.11% [Q1] → 106.79% (-0.32%) [Q2]

9% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 92

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$35

upside

Avg. target

$46

40%

upside

High target

$55

68%

upside

5 analyst ratings

3 positive

60%

2 neutral

40%

0 negative

Goldman Sachs Brian Lee 47% 1-year accuracy 22 / 47 met price target	7%upside $35	Neutral Maintained	8 Aug 2024
Benchmark Mark Miller 46% 1-year accuracy 17 / 37 met price target	28%upside $42	Buy Reiterated	7 Aug 2024
Northland Capital Markets Gus Richard 56% 1-year accuracy 10 / 18 met price target	43%upside $47	Outperform Maintained	7 Aug 2024
Needham Charles Shi 22% 1-year accuracy 15 / 67 met price target	68%upside $55	Buy Reiterated	7 Aug 2024
Citigroup Atif Malik 68% 1-year accuracy 28 / 41 met price target	52%upside $50	Neutral Downgraded	15 Jul 2024