Veeco Instruments Inc. (VECO) fair value analysis
Nasdaq · Updated 2026-10-19
VECO price how computed
Valuation status
No verdict this weekVECO: Next year's consensus is far above both what this company earned over the last four quarters and what its most recent quarter is earning.
Our model does not publish a verdict on a forecast that far from results; it is re-evaluated weekly.
- Last price
- $42.75
- Sector
- Technology
- 12-month range
- $26.39–$83.04
- Market cap
- $2.61B
- From 52-week high
- -48.5%
- Shares outstanding
- 61.1M
- Rank in Technology by quality score
- #119 of 274
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Veeco Instruments Inc. is a technology company that manufactures and sells process equipment and software used in the production of semiconductors, optoelectronic devices, and advanced displays. The company operates globally with a presence in multiple countries including the United States, Europe, and Asia.
VECO currently ranks #119 of 274 Technology stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $2.61B
- P/E (trailing)
- 56x
- Revenue (TTM)
- $683M
- Net margin
- 3.4%
- EPS (TTM)
- $0.77
- Gross margin
- 38.7%
- Debt / equity
- 0.28
- Revenue growth (3-yr avg)
- 3.0%
- Shares outstanding
- 61.1M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 46 · neutral
- 50-day average
- $47.75
- 200-day average
- $46.44
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-04
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+46.2%)
2026-03 ▼ miss (-39.1%)
2025-12 ▼ miss (-9.7%)
2025-09 ▲ beat (+53.8%)
2025-06 ▲ beat (+56.5%)
2025-03 ▲ beat (+15.6%)
2024-12 ▲ beat (+2.5%)
2024-09 ▲ beat (+2.2%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 2 buy · 2 hold · 0 sell (4 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $61.3
- Target vs last price
- +43.4%
What our data shows for VECO
- Our model validated 17 trailing price-to-earnings windows for VECO, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $26.39–$83.04.
- The 14-day relative strength index sits at a neutral 46.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- VECO's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent VECO news
TickrTrends' derived news-sentiment signal for VECO is currently leaning positive, computed from recent coverage.
- A Look at Veeco Instruments Inc (VECO) After 5.8% Decline -- GF Value $30.13 vs Price $49.24 (gurufocus.com, 2026-10-13)
TickrTrends take: Veeco Instruments Inc trades at a substantial premium to its GuruFocus calculated value, with the stock priced near $49 compared to a derived fair value of approximately $30. This valuation gap suggests the market is pricing in expectations beyond current fundamentals, which contrasts with TickrTrends' assessment of fair valuation for the technology sector company. Investors focused on valuation metrics should monitor whether the stock price converges toward intrinsic value estimates or whether the company's performance justifies the current premium. - A Look at Veeco Instruments Inc (VECO) After 7.9% Gain -- GF Value $30.03 vs Price $57.38 (gurufocus.com, 2026-10-02)
TickrTrends take: Veeco Instruments Inc operates in the Technology sector and currently trades significantly above its GF Value estimate, which suggests the market is pricing in considerable future growth expectations or other positive factors. TickrTrends' Fairly valued assessment indicates the stock's current valuation reflects reasonable expectations relative to fundamentals, though investors should monitor whether the company can deliver earnings growth that justifies the premium to book value metrics. Valuation-focused investors typically watch for catalysts that could either validate the current price level or trigger a correction toward more conservative valuation multiples. - Veeco Instruments Inc (VECO) Shares Surge 4.7% -- What GF Score of 67 Tells Investors (gurufocus.com, 2026-09-29)
TickrTrends take: Veeco Instruments trades at a Fairly valued assessment according to TickrTrends, positioning it within a reasonable range relative to its fundamentals as a Technology sector company. The company's GF Score of 67 indicates moderate quality on a quantitative basis, which aligns with a valuation that does not suggest significant overvaluation or deep discount potential. Investors focused on valuation should monitor whether upcoming earnings or operational developments either justify the current pricing or signal a shift in the fundamental factors supporting this Fairly valued designation.
What people are saying
Follow the VECO conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — VECO has experienced notable changes in its technical and valuation metrics over the past week. The stock's 50/200-day trend state shifted from an uptrend to a mixed condition, while its sector discount rank improved from number 138 to number 112 among technology stocks. The valuation verdict has moved from fairly valued to undervalued, reflecting a more attractive pricing position relative to the sector.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — VECO's quality grade declined from A to B this week, while its sector discount rank improved from number 152 to number 134 within the Technology sector. The company's valuation verdict shifted from Overvalued to Fairly valued based on TickrTrends' derived indicators.
- 2026-10-05 — VECO's valuation metrics shifted this week, moving from a position of fair value to overvalued status. The stock's sector discount rank declined from 134 to 151, indicating it has become less attractively valued relative to other technology sector companies. These changes suggest investors are paying a premium for VECO shares compared to its historical valuations and peer benchmarks.
- 2026-09-28 — VECO's technical positioning improved this week as its 50/200-day trend state shifted from mixed to uptrend, indicating stronger near-term momentum relative to longer-term trends. The stock's sector discount rank moved from 110 to 135 within the Technology sector, reflecting a relative change in its valuation standing compared to peers. The valuation verdict updated from Undervalued to Fairly valued, suggesting the stock's price has adjusted relative to its fundamental metrics.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is VECO stock undervalued?
VECO does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under TickrTrends' standards; it is re-evaluated every week.
What is VECO's TickrTrends verdict?
VECO is currently marked 'Awaiting full valuation' - a verdict publishes automatically once at least six validated trailing P/E windows accumulate.
How does VECO compare to other Technology stocks?
VECO ranks #119 of 274 Technology stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is VECO overbought or oversold?
VECO's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does VECO report earnings next?
VECO's next earnings report is scheduled for 2026-11-04, per the published earnings calendar.
Does VECO usually beat earnings estimates?
Over its last 8 reported quarters VECO beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about VECO?
Of 4 analysts covering VECO, 2 rate it a buy, 2 a hold and 0 a sell - buy-leaning, with a consensus price target of $61.3 (+43.4% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.