VEECO INSTRUMENTS INC VECO
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.
Quality score trend · recomputed for each fiscal year
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.
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.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-19 | Barclays | Equal-Weight (main) |
| 2026-05-06 | Citigroup | Buy (main) |
| 2026-02-26 | Citigroup | Buy (main) |
| 2025-11-12 | Citigroup | Buy (main) |
| 2025-10-03 | Needham | Hold (down) |
| 2025-08-07 | Needham | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
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.
How it ranks in Manufacturing · percentile among 1957 companies
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
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.503 |
| Retained earnings / assets | -0.319 |
| EBIT / assets | 0.027 |
| Equity / liabilities | 2.011 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| VECO | VEECO INSTRUMENTS INC | 6/9 | 4.55 | 129.7 | -7.4% |
| CRCT | Cricut, Inc. | 6/9 | 5.8 | 12.7 | -0.5% |
| AZTA | Azenta, Inc. | 6/9 | 9.11 | — | +3.6% |
| ACLS | AXCELIS TECHNOLOGIES INC | 4/9 | 8.71 | 44.3 | -17.6% |
| ACMR | ACM Research, Inc. | 3/9 | 6.67 | 76.8 | +15.2% |
| ERII | Energy Recovery, Inc. | 5/9 | 15.7 | 19.8 | -6.9% |
| ASYS | AMTECH SYSTEMS INC | 3/9 | -0.5 | — | -21.6% |
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.