Veeco Instruments Inc. (VECO)Technology | Semiconductor Equipment & Materials | Plainview, United States | NasdaqGS
55.76 USD
-1.64
(-2.857%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 55.46 -0.30 (-0.300%) ⇩ (July 13, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:58 a.m. EDT
The investment case for Veeco is currently fractured between a deteriorating business reality and speculative hopes for a turnaround. Fundamentally, the company is struggling: revenue contracted by 5.4%, operating margins turned negative, and the stock has suffered a brutal 54.6% drop over the last year. The valuation metrics reflect this distress, with a trailing P/E of over 150x and a forward P/E of nearly 19x, suggesting the market is pricing in a difficult path to profitability. The lack of a dividend and the absence of a multi-year price recovery confirm that the market views this as a value trap rather than a bargain. While the stock recently rallied, the underlying fundamentals—negative operating cash flow and shrinking top-line growth—do not support a high-conviction long-term entry. The options activity reveals a crowd waiting for a catalyst, betting on a binary outcome, but until the company demonstrates sustained revenue growth and margin expansion, the risk of further deterioration outweighs the potential for a quick rebound. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.101965 |
| AutoTheta | 0.230780 |
| MSTL | 0.276263 |
| AutoARIMA | 0.317371 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 5.40 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.104 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 29.592 |
| Revenue per Share | 10.929 |
| Market Cap | 3,403,226,880 |
| Trailing P/E | 150.70 |
| Forward P/E | 18.31 |
| Beta | 1.34 |
| Profit Margins | 3.53% |
| Website | https://www.veeco.com |
As of July 11, 2026, 6:58 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional move. There is heavy open interest in deep out-of-the-money puts (strikes 19, 28, 30) and deep out-of-the-money calls (strikes 125, 95), creating a 'straddle' or 'strangle' bias. This suggests traders expect a binary event or a sharp swing in either direction, likely driven by the upcoming earnings date. The massive volume spike in far-dated calls (Dec 2026) at the $125 strike indicates a speculative bet on a massive rally, while the dense put wall at lower strikes acts as a hedge against a continued decline.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.7918289 |
| Address1 | 1 Terminal Drive |
| All Time High | 122.25 |
| All Time Low | 3.22 |
| Ask | 71.25 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Daily Volume10 Day | 1,820,050 |
| Average Daily Volume3 Month | 1,660,611 |
| Average Volume | 1,660,611 |
| Average Volume10Days | 1,820,050 |
| Beta | 1.335 |
| Bid | 40.86 |
| Bid Size | 2 |
| Board Risk | 2 |
| Book Value | 14.479 |
| City | Plainview |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 55.76 |
| Current Ratio | 4.226 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 57.16 |
| Day Low | 55.363 |
| Debt To Equity | 29.592 |
| Display Name | Veeco Instruments |
| Earnings Call Timestamp End | 1,778,014,800 |
| Earnings Call Timestamp Start | 1,778,014,800 |
| Earnings Timestamp | 1,778,011,200 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 48,918,000 |
| Ebitda Margins | 0.074640006 |
| Enterprise To Ebitda | 67.079 |
| Enterprise To Revenue | 5.007 |
| Enterprise Value | 3,281,389,056 |
| Eps Current Year | 1.62011 |
| Eps Forward | 3.04502 |
| Eps Trailing Twelve Months | 0.37 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 62.6066 |
| Fifty Day Average Change | -6.8466034 |
| Fifty Day Average Change Percent | -0.10935913 |
| Fifty Two Week Change Percent | 179.18289 |
| Fifty Two Week High | 86.63 |
| Fifty Two Week High Change | -30.869999 |
| Fifty Two Week High Change Percent | -0.35634306 |
| Fifty Two Week Low | 19.29 |
| Fifty Two Week Low Change | 36.469997 |
| Fifty Two Week Low Change Percent | 1.8906167 |
| Fifty Two Week Range | 19.29 - 86.63 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 786,119,400,000 |
| Float Shares | 59,766,430 |
| Forward Eps | 3.04502 |
| Forward P E | 18.311865 |
| Free Cashflow | 33,391,124 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,265 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.38571 |
| Gross Profits | 252,770,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0249 |
| Held Percent Institutions | 1.1035199 |
| Implied Shares Outstanding | 61,033,485 |
| Industry | Semiconductor Equipment & Materials |
| Industry Disp | Semiconductor Equipment & Materials |
| Industry Key | semiconductor-equipment-materials |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=111487&p=irol-irhome |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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. |
| Long Name | Veeco Instruments Inc. |
| Market | us_market |
| Market Cap | 3,403,226,880 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_338943 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 23,119,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,503,932,373 |
| Number Of Analyst Opinions | 3 |
| Open | 55.71 |
| Operating Cashflow | 57,436,000 |
| Operating Margins | -0.00408 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.81 |
| Phone | 516 677 0200 |
| Post Market Change | -0.29999924 |
| Post Market Change Percent | -0.53801876 |
| Post Market Price | 55.46 |
| Post Market Time | 1,783,986,965 |
| Previous Close | 57.4 |
| Price Eps Current Year | 34.417416 |
| Price Hint | 2 |
| Price To Book | 3.8510945 |
| Price To Sales Trailing12 Months | 5.193047 |
| Profit Margins | 0.03528 |
| Quick Ratio | 2.688 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.64 |
| Regular Market Change Percent | -2.85715 |
| Regular Market Day High | 57.16 |
| Regular Market Day Low | 55.363 |
| Regular Market Day Range | 55.363 - 57.16 |
| Regular Market Open | 55.71 |
| Regular Market Previous Close | 57.4 |
| Regular Market Price | 55.76 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 879,138 |
| Return On Assets | 0.01372 |
| Return On Equity | 0.02727 |
| Revenue Growth | -0.054 |
| Revenue Per Share | 10.929 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 61,033,485 |
| Shares Percent Shares Out | 0.1141 |
| Shares Short | 6,962,693 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 6,200,079 |
| Short Name | Veeco Instruments Inc. |
| Short Percent Of Float | 0.1867 |
| Short Ratio | 3.59 |
| Source Interval | 15 |
| State | NY |
| Symbol | VECO |
| Target High Price | 66.0 |
| Target Low Price | 55.0 |
| Target Mean Price | 60.33333 |
| Target Median Price | 60.0 |
| Total Cash | 383,331,008 |
| Total Cash Per Share | 6.281 |
| Total Debt | 261,492,992 |
| Total Revenue | 655,342,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.37 |
| Trailing P E | 150.7027 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.80505 |
| Two Hundred Day Average Change | 15.954948 |
| Two Hundred Day Average Change Percent | 0.40082723 |
| Type Disp | Equity |
| Volume | 879,138 |
| Website | https://www.veeco.com |
| Zip | 11,803 |