NASDAQ: VECO

Veeco Instruments (VECO) Stock Analysis & Forecast

Oct 12 close

$49.24−3.04 (−5.8%)
Add to Watchlist

Gekko Brief

AI summaryOct 12 close

Veeco Instruments slips this week even as analyst coverage turns more constructive: Q3 2026 earnings are now dated for 4 November, with analysts forecasting $0.45 per share on revenue of $213.33 million, a marked step up from a year earlier. Commentary also points back to the prior quarter's double beat, when revenue guidance topped Street estimates, and one write-up pegs fair value between $55 and $66, framing the stock as undervalued. The pullback comes despite this generally positive tone in recent coverage.

VECO closes at $49.24, down 5.8% on the day, though still above its 50-day average of $48.28 and 200-day average of $46.12, with the 50-day above the 200-day. The GekkoIndex sits at 56.6, in the Neutral zone, up from a reading five points lower recently. Gekko Fair Value stands at $48.11, putting the current price 2.3% above that mark.

Over the next 20 trading days, the main event is the 4 November earnings report, which falls inside that window; the last print on 5 August beat estimates ($0.19 versus $0.13 expected) yet still drew a -4.1% reaction, and reactions have averaged 6.5% in absolute terms. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows, though two trailblazer holders are noted. Seasonally, the next 20 sessions have averaged +2.5% over five years, rising in 2 of them. Analyst consensus carries a $61.33 target, with 2 buy and 2 hold ratings among 4 firms.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Veeco Instruments price vs fair value

$49.24$48.11Oct ’25Apr ’26Oct ’26
Close $49.24200-day averageGekko Fair Value $48.11

Veeco Instruments quick facts

Market cap
$3.01B
P/E ratio
139.1
Forward P/E
14.3
EPS, TTM
$0.37
Revenue, TTM
$682.7M
Profit margin
3.4%
Dividend yield
—
Beta
1.36
Volume
338,971 avg 679,434
1-year return
+67.0%
Typical daily move
±6.2%
Typical 20-day move
±8%
50-day average
$48.28
200-day average
$46.12
Next earnings
Nov 4 after close
Shares outstanding
61.13M
52-week range
$26.00$86.63

Veeco Instruments swing-trade checklist

Veeco Instruments scores 1 supportive, 3 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive3 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $49.24 is above the 50-day ($48.28) and 200-day ($46.12) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    56.6, Neutral

    Reading 56.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    2.3% above

    Price is within 5% of Gekko Fair Value (2.3% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 23 days

    Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +2.5% on average

    From this point in the calendar, the next 20 trading days averaged +2.5% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Veeco Instruments stock chart and price history

Veeco Instruments closed at $49.24 on Oct 12, 2026, +67.0% over the past year, inside a 52-week range of $26.00 to $86.63.

5Y and weekly in Gekko
Close50-day average200-day averageVolume
Veeco Instruments share price, past year, with 50-day and 200-day moving averages and volume$20$40$60$80NovDecJan 2026FebMarAprMayJunJulAugSepOct49.24

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+9.8%
3 months
−15.1%
6 months
+22.8%
1 year
+67.0%
The full VECO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open VECO in Gekko

Follow Veeco Instruments through every session

Put VECO on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track VECO in GekkoFree for 7 days. No credit card required.

Veeco Instruments GekkoIndex: the smart money zone

Veeco Instruments’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.6, in the Neutral zone, up 13 points over five sessions.

010056.6Neutral

Up 13 points over five sessions, from the Distribution zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying31+4.0%+4.7%+1.0%−5.0%
Accumulation234−0.2%−0.5%−2.1%−1.1%
Neutral (current zone)357+0.8%+1.6%+4.5%+11.3%
Distribution49+2.0%+5.1%+6.8%+10.7%
Selling11−0.7%+0.9%+6.0%+7.9%

Average VECO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the VECO price, zone by zone.Track VECO in Gekko

Is Veeco Instruments stock overvalued? Gekko Fair Value

Veeco Instruments trades 2.3% above Gekko Fair Value of $48.11, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Veeco Instruments shares are worth, recalculated every trading day.

$48.11

Gekko Fair Value, Oct 10, 2026

2.3% above fair value · About fair value

At the end of Aug 2026 the price was 25.0% below the estimate.

Gekko Fair ValueShare price, month end
$48$52Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open VECO in Gekko

Veeco Instruments insider and Congress trading

No open-market insider purchases were filed for Veeco Instruments, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for VECO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every VECO insider filing, plotted on the chart in Gekko.Open VECO in Gekko

Congress trades last 90 days

No trades in VECO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for VECO, plotted on the chart in Gekko.Open VECO in Gekko

Buybacks

Veeco Instruments has been buying back its own shares.

Bought back, year ended Dec 31, 2018
$11.46M
As a share of market cap
0.38%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold VECO.

1added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Veeco Instruments earnings: next date and track record

Veeco Instruments reports on Nov 4, 2026, after the close (23 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±6.5%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

−0.2%Nov ’24+2.5%Feb ’25+3.7%May ’25+15.0%Aug ’25+0.4%Nov ’25+4.5%Feb ’26+21.8%May ’26−4.1%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Veeco reported Q2 2026 revenue of $193 million, non-GAAP operating income of $23 million, and non-GAAP diluted EPS of $0.33, exceeding guidance and Street expectations. The company secured $200 million in advanced packaging orders for wet processing and lithography systems. A Tier 1 customer completed evaluation of their next-generation nanosecond annealing system and placed a follow-on order. The pending Axcelis merger has received shareholder approval and all regulatory clearances except China antitrust.
Guidance
Veeco is making deliberate investments ahead of revenue in H2 2026 to meet 2027 demand, with significant backlog already secured for 2027. Management projects the advanced packaging addressable market will approach $1 billion by 2030, supporting multiyear growth.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.19
est $0.13		+46.2%$193.5M
est $180.1M		+7.4%−4.1%
May 5, 2026$0.14
est $0.29		−52.4%$158.3M
est $160.1M		−1.1%+21.8%
Feb 25, 2026$0.24
est $0.27		−9.7%$165.0M
est $165.0M		0.0%+4.5%
Nov 5, 2025$0.36
est $0.28		+28.6%$165.9M
est $166.2M		−0.2%+0.4%
Aug 6, 2025$0.36
est $0.22		+63.6%$166.1M
est $159.0M		+4.5%+15.0%
May 7, 2025$0.37
est $0.32		+15.6%$167.3M
est $166.0M		+0.8%+3.7%
Feb 12, 2025$0.41
est $0.40		+2.5%$182.1M
est $176.3M		+3.3%+2.5%
Nov 6, 2024$0.46
est $0.45		+2.2%$184.8M
est $176.7M		+4.6%−0.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Veeco Instruments stock forecast and analyst price targets

Analysts’ average 12-month price target for Veeco Instruments is $61.33, +24.6% from the last close, from 4 firms rating the stock in the last 90 days.

$61.33consensus 12-month target, +24.6% from the last close
Low $55High $66
Buy2
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 4 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 21Northland SecuritiesBuy, upgraded$66+34.0%
Aug 13BarclaysHold, maintained$55+11.7%
Aug 10CitiBuy, maintained$63+27.9%
Aug 6Northland SecuritiesHold, reiterated$66+34.0%
Aug 6NeedhamHold, maintained——
+4.5%average 20-day move after past Neutral readings
+2.5%average move over the next 20 trading days in the last 5 years
±6.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Veeco Instruments seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Veeco Instruments averaged +2.5% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+17.2%2021−2.3%2022−2.0%2023−11.2%2024+9.4%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.7%2 of 5
Next 10 trading days−3.5%2 of 5
Next 15 trading days−2.7%2 of 5
Next 20 trading days+2.5%2 of 5
Next 30 trading days+0.8%3 of 5

For scale, VECO’s typical 20-trading-day move in either direction is about 8%.

Veeco Instruments market cap and key statistics

Veeco Instruments’s market cap is $3.01B, with a P/E ratio of 139.1 and revenue of $682.7M over the last twelve months.

Valuation

Market cap
$3.01B
P/E ratio
139.1
Forward P/E
14.3
EPS, TTM
$0.37
Gekko Fair Value
$48.11

Trading

Volume
338,971
Avg volume, 20 days
679,434
52-week high
$86.63
52-week low
$26.00
Shares outstanding
61.13M

Financials

Revenue, TTM
$682.7M
Profit margin
3.4%
Return on equity
2.6%
Quarterly earnings growth, YoY
−8.6%

Risk and income

Beta
1.36
Typical daily move
±6.2%
Typical 20-day move
±8%

Veeco Instruments stock news this week

3 headlines about Veeco Instruments from the past week, newest first, each linking to the publisher.

Veeco Instruments peers

Veeco Instruments’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
VRTVertiv−0.1%Accumulation10.4% below
BEBloom Energy−4.7%Neutral0.3% above
TERTeradyne−2.6%Neutral3.3% above
FLEXFlex−1.3%Neutral1.5% above
SANMSanmina−2.8%Neutral4.0% above
AEISAdvanced Energy Industries−1.3%Neutral8.2% below

A peer links to its own page where one exists.

In the Buying zone today

VZTMUSTBMYINGBCS

Reporting earnings this week

JPMJNJUNHGSWFCC

Popular on Gekko

NVDATSLAMSFTAMZNMETAGOOGL

Veeco Instruments stock FAQ

What is Veeco Instruments’s market cap?

Veeco Instruments’s market cap is $3.01B at the Oct 12, 2026 close of $49.24, with 61.13M shares outstanding. The shares trade on a P/E ratio of 139.1.

What is the Veeco Instruments stock forecast?

The consensus analyst 12-month price target for Veeco Instruments is $61.33, +24.6% from the last close. Of the 4 firms that rated the stock in the last 90 days, 2 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Veeco Instruments stock overvalued or undervalued?

On Gekko’s estimate Veeco Instruments is about fair value: the Oct 12, 2026 close of $49.24 is 2.3% above Gekko Fair Value of $48.11. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Veeco Instruments report earnings next?

Veeco Instruments is expected to report on Nov 4, 2026, after the market closes (23 days away). Analysts expect earnings of $0.43 per share on revenue of $213.3M. Veeco Instruments beat the earnings estimate in 6 of its last 8 reports, moving 6.5% on average across the report.

What is Veeco Instruments’s 52-week high and low?

Veeco Instruments’s 52-week high is $86.63 and its 52-week low is $26.00; it closed at $49.24 on Oct 12, 2026, +67.0% over the past year.

Is Veeco Instruments stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (trend), 3 as mixed (gekkoindex, fair value and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

Built and overseen by Jared Mann

Founder of Gekko.app. Jared has traded stocks and ETFs for more than 20 years and has a financial industry background.

About GekkoHow Gekko’s data worksReport an error

See Veeco Instruments the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,408 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.