Wall Street analyst estimates for Veeco Instruments Inc. (VECO): consensus price target and buy/hold/sell recommendations.
Veeco Instruments Inc., operating globally with its subsidiaries, specializes in the engineering, production, sale, and support of advanced semiconductor and thin film process equipment used primarily in the manufacture of electronic devices.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 19 |
| Hold | 15 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 36 |
| Avg rating (−2 sell to +2 buy) | 0.47 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $0.43 | ||
| 2026-08-05 | $0.33 | $0.26 | +28.0% |
| 2026-05-05 | $0.14 | $0.20 | -30.0% |
| 2026-02-25 | $0.24 | $0.25 | -4.0% |
| 2025-11-05 | $0.36 | $0.28 | +28.6% |
| 2025-08-06 | $0.36 | $0.22 | +63.6% |
| 2025-05-07 | $0.37 | $0.32 | +15.6% |
| 2025-02-12 | $0.41 | $0.40 | +2.5% |
Valuation Ratios
| P/E Ratio | 107.17 |
| Price / Book | 2.63 |
| EV / EBITDA | 49.88 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $332.5M | $484.8M | $542.1M | $419.3M | $454.2M | $583.3M | $646.1M | $666.4M | $717.3M | $664.3M |
| Cost of Revenue | $199.6M | $300.4M | $348.4M | $261.2M | $259.9M | $341.0M | $383.0M | $381.4M | $413.3M | $398.9M |
| Gross Profit | $132.9M | $184.3M | $193.7M | $158.2M | $194.3M | $242.3M | $263.1M | $285.1M | $304.0M | $265.4M |
| Research & Development | $81.0M | $82.0M | $97.8M | $90.6M | $79.0M | $88.7M | $103.6M | $112.9M | $124.5M | $119.6M |
| Selling, General & Admin | $77.6M | $100.2M | $92.1M | $79.7M | $76.3M | $84.5M | $89.0M | $92.8M | $99.7M | $98.9M |
| Operating Expenses | $177.9M | $217.7M | $222.2M | $197.8M | $171.7M | $185.6M | $202.9M | $215.1M | $237.0M | $229.7M |
| Operating Income | -$120.4M | -$63.8M | -$415.5M | -$39.6M | $22.6M | $56.7M | $60.3M | $69.9M | $67.0M | $35.7M |
| EBITDA | -$86.6M | -$19.4M | -$362.3M | -$21.5M | $47.0M | $80.1M | $88.1M | $8.4M | $105.0M | $68.5M |
| Interest Expense | $222,000 | $19.5M | $21.5M | $22.1M | $24.7M | $28.4M | $11.5M | $11.8M | $11.0M | $9.1M |
| Pre-tax Income | -$119.4M | -$80.9M | -$433.8M | -$78.0M | -$8.5M | $25.7M | $51.0M | -$28.3M | $68.8M | $39.4M |
| Income Tax | $2.8M | -$36.1M | -$26.7M | $777,000 | -$73,000 | -$358,000 | -$116.0M | $2.0M | -$4.9M | $4.0M |
| Net Income | -$122.2M | -$44.8M | -$407.1M | -$78.7M | -$8.4M | $26.0M | $166.9M | -$30.4M | $73.7M | $35.4M |
| EPS | $-3.11 | $-1.01 | $-8.63 | $-1.66 | $-0.17 | $0.53 | $3.35 | $-0.56 | $1.31 | $0.60 |
| EPS (Diluted) | $-3.11 | $-1.01 | $-8.63 | $-1.66 | $-0.17 | $0.49 | $2.71 | $-0.56 | $1.23 | $0.59 |
| Shares Outstanding (Diluted) | 39.3 M | 44.2 M | 47.2 M | 47.5 M | 48.4 M | 53.6 M | 65.6 M | 53.8 M | 61.6 M | 60.6 M |
Price
| Price | $38.87 (closing price, October 30, 2026) |
| Market Cap | $2.4B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Semiconductors
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