VeecoVECO
VECO
About: Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for our customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The majority of the company's revenue is generated from sales to the Semiconductor Industry and within China.
Employees: 1,231
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
220% more call options, than puts
Call options by funds: $15M | Put options by funds: $4.67M
11% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 85
0.72% more ownership
Funds ownership: 104.04% [Q3] → 104.76% (+0.72%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
9% less funds holding
Funds holding: 251 [Q3] → 228 (-23) [Q4]
18% less capital invested
Capital invested by funds: $1.96B [Q3] → $1.59B (-$361M) [Q4]
43% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 46
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
18%
upside
Avg. target
$29
57%
upside
High target
$35
87%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Barclays Tom O'Malley 36% 1-year accuracy 17 / 47 met price target | 18%upside $22 | Equal-Weight Maintained | 22 Apr 2025 |
Citigroup Atif Malik 25% 1-year accuracy 14 / 55 met price target | 60%upside $30 | Buy Maintained | 13 Feb 2025 |
Benchmark Mark Miller 17% 1-year accuracy 6 / 35 met price target | 66%upside $31 | Buy Maintained | 13 Feb 2025 |
Needham Charles Shi 14% 1-year accuracy 10 / 72 met price target | 55%upside $29 | Buy Maintained | 13 Feb 2025 |
Oppenheimer Rick Schafer 17% 1-year accuracy 4 / 23 met price target | 87%upside $35 | Outperform Reiterated | 7 Feb 2025 |
Financial journalist opinion
Based on 3 articles about VECO published over the past 30 days
Neutral
Zacks Investment Research
2 weeks ago
Zacks Industry Outlook Kulicke and Soffa, Axcelis and Veeco
Kulicke and Soffa, Axcelis and Veeco have been highlighted in this Industry Outlook article.
Positive
Zacks Investment Research
2 weeks ago
3 Electronics Stocks to Watch From a Challenging Industry
The Zacks Electronics - Manufacturing Machinery industry participants, such as KLIC, ACLS and VECO, are benefiting from increased capital spending on high-performance computing, advanced packaging and memory.
Neutral
GlobeNewsWire
2 weeks ago
Veeco Earns Intel's 2025 EPIC Supplier Award
Veeco is one of only 37 Intel EPIC Supplier Award recipients in all of Intel's global supply chain Veeco is one of only 37 Intel EPIC Supplier Award recipients in all of Intel's global supply chain
Neutral
GlobeNewsWire
2 months ago
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.
Positive
Zacks Investment Research
2 months 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.
Neutral
Seeking Alpha
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.
Neutral
GlobeNewsWire
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.
Neutral
GlobeNewsWire
3 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.
Positive
Yahoo Finance
3 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.
Positive
Barrons
3 months ago
Snap Up These 5 Under-the-Radar Chip Stocks, Citi Says
The bank upgraded all five semiconductor equipment stocks on Monday, saying they can rebound after a sharp correction last year.
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