Stocktoria

VEECO INSTRUMENTS INC VECO

Nasdaq · stock · Special Industry Machinery, NEC · website · IPO 1994-01-01 · LEI

VEECO INSTRUMENTS INC (VECO) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $664.3M at a 5.3% net margin.

Chart by TradingView
58/100
Stocktoria Quality Score · grade B
6/9
Piotroski F — financial health
4.55
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-2.39
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 1 4 4 5 6 4 6 6 6 2016201720182019202020212022202320242025
Altman Z″
5.16 2.53 -1.73 0.64 1.69 1.58 2.40 2.85 3.85 4.55 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$53.26 as of 2026-08-01 · +117.2% 1y
$24.52$75.8052-wk

Beneish M-score: -2.39 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$4.6B
P / E129.7×
Net margin 5y avg8.3%
Return on equity 5y avg8.8%
Beta1.39
Employees1,265

Analyst price target

$60.33 +13.3% vs last
· 3 analysts
target range $55.00 – $66.00 · median $60.00
1 buy · 3 hold
Recent analyst actions
DateFirmRating
2026-05-19BarclaysEqual-Weight (main)
2026-05-06CitigroupBuy (main)
2026-02-26CitigroupBuy (main)
2025-11-12CitigroupBuy (main)
2025-10-03NeedhamHold (down)
2025-08-07NeedhamBuy (main)

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Smart money · insiders, last 12 months

Insiders net sold -$14.3M on the open market · 10 trades

Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.

Revenue trend · last 10y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 78%
Net marginstronger than 68%
Return on equitystronger than 64%
Revenue growthstronger than 17%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 6/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.503
Retained earnings / assets-0.319
EBIT / assets0.027
Equity / liabilities2.011

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
VECOVEECO INSTRUMENTS INC6/94.55129.7-7.4%
CRCTCricut, Inc.6/95.812.7-0.5%
AZTAAzenta, Inc.6/99.11+3.6%
ACLSAXCELIS TECHNOLOGIES INC4/98.7144.3-17.6%
ACMRACM Research, Inc.3/96.6776.8+15.2%
ERIIEnergy Recovery, Inc.5/915.719.8-6.9%
ASYSAMTECH SYSTEMS INC3/9-0.5-21.6%

All Manufacturing companies →

About VEECO INSTRUMENTS INC

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. It offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. The company's process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, it markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

FAQ

Is VECO financially healthy?

VEECO INSTRUMENTS INC's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does VECO pay a dividend?

No, VEECO INSTRUMENTS INC does not currently pay a dividend.

How profitable is VECO?

In FY2025, VEECO INSTRUMENTS INC had a net margin of 5.3% and a return on equity of 4.0%.

Is VECO overvalued or undervalued?

VEECO INSTRUMENTS INC trades at about 90.3× trailing earnings — above its 10-year norm (10-year range 7.3×–56.1×, median 39.8×). Stocktoria reports the data, not buy/sell advice.

What is the analyst price target for VECO?

The average Wall-Street price target for VEECO INSTRUMENTS INC is $60.33, about 13.3% above the recent price, from 3 analysts.

Is VECO a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on VEECO INSTRUMENTS INC: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 129.7×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.