Lumida
/VECO
⌘K
Veeco Instruments Inc

Veeco Instruments Inc

VECO
$44.83USD+2.12%+0.93 today

MARKET CAP

2.7B

P/E (TTM)

41.0x

FWD P/E

17.9x

DAY RANGE

$44 – $46

52W RANGE

$25
$87

AI Summary

Stalk
TrimMedium

VECO remains in a clear medium-term downtrend under Stage 4, with price trading below the declining EMAs and forming lower highs and lows. RSI is oversold yet lacks a clean bounce or reversal signal. There is no compelling entry for bearish execution until price rejects into the 9/20 EMA zone or breaks and holds below the 200 DMA. We defer and look for a more defined reaction at key resistance or support for downside engagement.

  • Q2 revenue $193M (+16% YoY) with non-GAAP EPS $0.33 vs. $0.28 est.
  • Full-year 2026 revenue guidance upped to $780M–$810M; secured $200M in 2027 advanced packaging orders.
  • Negative earnings yield despite top-line growth signals valuation risk.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$583.3M$646.1M$666.4M$717.3M$664.3M
YoY %+28.4%+10.8%+3.1%+7.6%-7.4%
P / Sales2.6x1.9x2.5x2.3x2.6x
EV / Sales3.2x2.5x3.1x2.8x3.0x
Gross Profit, Adj.$242.3M$263.1M$285.1M$304.0M$265.4M
YoY %+24.7%+8.6%+8.3%+6.6%-12.7%
Margin %41.5%40.7%42.8%42.4%40.0%
EV / Gross Profit7.7x6.1x7.2x6.5x7.6x
EBITDA, Adj.$82.8M$85.9M$95.9M$98.0M$63.7M
YoY %+51.5%+3.8%+11.6%+2.1%-34.9%
Margin %14.2%13.3%14.4%13.7%9.6%
EV / EBITDA22.6x18.7x21.3x20.3x31.5x
EBIT$56.7M$60.3M$71.0M$44.7M$34.8M
YoY %+151.3%+6.3%+17.7%-37.0%-22.1%
Margin %9.7%9.3%10.6%6.2%5.2%
EV / EBIT33.0x26.6x28.7x44.4x57.7x
Net Income$26.0M$166.9M$-30.4M$73.7M$35.4M
YoY %+410.3%+541.1%-118.2%+342.7%-52.0%
Net Margin4.5%25.8%-4.6%10.3%5.3%
EPS (GAAP)$0.49$2.71-$0.56$1.23$0.59
YoY %+388.2%+453.1%-120.7%+319.6%-52.0%