VECO

SellSinker

Veeco Instruments Inc. · Technology · United States · $2.6B cap · $32.1M/day traded

$43.85 +3.1% · close 27 Oct · scored 28 Oct

Sinker: Weak, expensive and falling. Nothing here to keep it afloat.

28
StockRank
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Report expected 4 Nov: the next-year EPS estimate has fallen 4.6% over the last 14 weeks.

Quality
44
Value
26
Momentum
44

As of 28 Oct 2026, MoatMap's StockRank for Veeco Instruments Inc. (VECO) is 28/100, ranked against 24,000+ stocks in 35 markets (Quality 44, Value 26, Momentum 44, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
113.7x
peers 32.3x
ROE
2.6%
peers 4.9%
D/E
0.3x
peers 0.3x
Dividend %
—
trailing yield

ABOUT VEECO INSTRUMENTS INC.

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Veeco Instruments Inc. is a global leader in process equipment solutions for the manufacture of advanced semiconductors, LEDs, and other electronic devices. The company's proprietary MOCVD (metal organic chemical vapor deposition) and advanced packaging equipment are critical for producing high-performance components. Veeco's strong R&D capabilities and deep customer relationships in cutting-edge technology markets provide a significant competitive moat.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue646.1M666.4M717.3M664.3M0.9%682.7M776.8M1.0B24.2%
EPS3.35-0.561.310.60-43.6%0.370.68—13.8%
Shares51.7M56.4M56.8M60.4M+16.9%61.0M———
Debt311.6M310.5M314.3M262.0M-5.6%261.2M———
Equity577.8M672.4M770.8M885.5M15.3%————
Op CF108.5M61.7M63.8M69.5M-13.8%99.8M———
Inv CF-68.9M-53.3M-64.5M-41.5M—————
Fin CF-4.5M-4.7M-12.6M-10.5M—————
Loading 1Y...
PRICE (1Y) · USD+6.8%
41.045.149.253.357.416 Sep7 Oct27 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 83% of stocks we rank over the past year (71% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$43.85
RSI (14)
30.3
52-Week Range-49.4% from high
Low $26.00High $86.63

SCORE BREAKDOWN

Quality
44
ROIC
2.8%32.0
ROE
2.6%33.2
GP/Assets
19.5%48.2
Op. Margin
6.7%51.0
FCF/Assets
3.2%51.6
Piotroski
538.6
Int. Cover
3.6x33.0
D/E Ratio
0.29x41.0
Current Ratio
3.93x82.6
Value
26
P/E (TTM)
113.7x10.3
EV/EBITDA
48.8x17.7
P/FCF
59.9x27.0
P/B
2.8x51.3
P/S
3.8x40.2
Div Yield
—N/A
Momentum
44
52W High %
51%29.8
RS 6M
-16%39.7
SMA 50/200
0.99x50.6
EPS Rev 4W
0.0%55.1
EPS Rev 12W
-4.6%11.7
EPS Improve
+685%95.6
Q Growth
1%28.2

FUNDAMENTALS

Market Cap
$2.6B
P/E (Forward)
14.5x
Gross Margin
37.9%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of VECO are excluded.

TickerCompanyMkt CapStockRankSignal
VECOVeeco Instruments Inc.(you)$2.6B28Sell
UCTTUltra Clean Holdings, Inc.$2.1B28Sell
AMBAAmbarella, Inc.$2.9B25Sell
IPGPIPG Photonics Corporation$3.0B33Sell
COHUCohu, Inc.$2.3B34Sell
ICHRIchor Holdings, Ltd.$1.4B24Sell
AXTIAXT, Inc.$3.4B16Strong Sell
ACLSAxcelis Technologies, Inc.$3.3B46Hold
AEHRAehr Test Systems, Inc.$1.8B12Strong Sell
ACMRACM Research, Inc.$3.5B54Hold

Peer medians: ROE 4.9% · P/E 32.3x · Gross margin 52.4%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Veeco Instruments Inc. (VECO): Stock Score Summary

Veeco Instruments Inc. (VECO) has a MoatMap StockRank of 28/100 based on Quality (44/100), Value (26/100), and Momentum (44/100) factor scores. The current signal is SELL.

Veeco Instruments Inc. is a global leader in process equipment solutions for the manufacture of advanced semiconductors, LEDs, and other electronic devices. The company's proprietary MOCVD (metal organic chemical vapor deposition) and advanced packaging equipment are critical for producing high-performance components. Veeco's strong R&D capabilities and deep customer relationships in cutting-edge technology markets provide a significant competitive moat.

Key Financial Metrics

Price$43.85
Market Cap$2.6B
P/E (TTM)113.68
P/E (Forward)14.47
Price/Book2.85
Return on Equity2.6%
Return on Invested Capital2.8%
Debt/Equity0.29x
Gross Margin37.9%
Operating Margin6.7%
Revenue Growth16.5%
Free Cash Flow$43M

Veeco Instruments Inc. operates in the Semiconductor Equipment & Materials industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Veeco Instruments Inc.’s (VECO) StockRank?
MoatMap’s StockRank for Veeco Instruments Inc. (VECO) is 28/100, with a Sell signal. It is a composite of Quality (44), Value (26), and Momentum (44), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Veeco Instruments Inc. have an economic moat?
Veeco Instruments Inc. (VECO) has a Quality factor score of 44/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Veeco Instruments Inc. a buy, hold, or sell?
MoatMap’s current signal for Veeco Instruments Inc. (VECO) is Sell, based on a StockRank of 28/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Veeco Instruments Inc. in?
Veeco Instruments Inc. (VECO) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (United States).