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Upturn AI SWOT - About
Veeco Instruments Inc (VECO)
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Upturn Advisory Summary
08/14/2025: VECO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $27.14
1 Year Target Price $27.14
| 4 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 39.6% | Avg. Invested days 52 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.21B USD | Price to earnings Ratio 19.28 | 1Y Target Price 27.14 |
Price to earnings Ratio 19.28 | 1Y Target Price 27.14 | ||
Volume (30-day avg) 7 | Beta 1.1 | 52 Weeks Range 16.92 - 38.88 | Updated Date 08/2/2025 |
52 Weeks Range 16.92 - 38.88 | Updated Date 08/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-06 | When - | Estimate 0.2422 | Actual - |
Profitability
Profit Margin 8.99% | Operating Margin (TTM) 8.46% |
Management Effectiveness
Return on Assets (TTM) 3.28% | Return on Equity (TTM) 8.51% |
Valuation
Trailing PE 19.28 | Forward PE 17.45 | Enterprise Value 1125078665 | Price to Sales(TTM) 1.71 |
Enterprise Value 1125078665 | Price to Sales(TTM) 1.71 | ||
Enterprise Value to Revenue 1.58 | Enterprise Value to EBITDA 11.75 | Shares Outstanding 58292200 | Shares Floating 56891392 |
Shares Outstanding 58292200 | Shares Floating 56891392 | ||
Percent Insiders 2.51 | Percent Institutions 101.81 |
Upturn AI SWOT
Veeco Instruments Inc
Company Overview
History and Background
Veeco Instruments Inc. was founded in 1945. Initially known for vacuum technology, Veeco has evolved into a global leader in process equipment for manufacturing advanced technologies, including semiconductors, displays, and data storage devices. Key milestones include strategic acquisitions and expansions into new markets.
Core Business Areas
- Semiconductor: Provides process equipment solutions for the semiconductor industry, including etch, deposition, and metrology systems used in the fabrication of integrated circuits.
- Compound Semiconductor: Offers MOCVD systems and other technologies for the production of compound semiconductor materials used in power electronics, LEDs, and RF devices.
- Data Storage: Supplies advanced ion beam deposition systems for the manufacturing of magnetic heads for hard disk drives.
- Scientific and Industrial: Provides equipment to scientific and industrial customers for etching, deposition, surface profilers, and metrology solutions.
Leadership and Structure
Bill Miller is the current CEO of Veeco. The company has a typical corporate structure with functional departments such as engineering, sales, marketing, and operations. The board of directors provides oversight and strategic guidance.
Top Products and Market Share
Key Offerings
- SPECTORu00ae Ion Beam Deposition System: Ion beam deposition system used in the manufacturing of optical coatings, particularly for precision optics and advanced displays. Competitors include Buhler, Optorun, and Applied Materials. Market Share data is not publicly available.
- Propelu00ae Metal Organic Chemical Vapor Deposition (MOCVD) System: MOCVD system used for the production of LEDs, power electronics, and other compound semiconductor devices. Competitors include Aixtron and Riber. Market Share data is not publicly available.
- AP Series Etch Systems: Etch systems, based on ion beam technology. Competitors include Plasma-Therm and Oxford Instruments. Market Share data is not publicly available.
Market Dynamics
Industry Overview
The semiconductor equipment industry is highly cyclical and driven by technology advancements, capacity expansions, and global economic conditions. The demand for advanced displays, power electronics, and data storage devices is a key driver for Veeco's products.
Positioning
Veeco is a leading provider of process equipment solutions in specific niche markets, such as ion beam deposition and MOCVD for compound semiconductors. Its competitive advantages include its proprietary technologies and established customer relationships.
Total Addressable Market (TAM)
The semiconductor and compound semiconductor equipment market is estimated at billions of dollars. Veeco targets specific segments within this larger TAM, positioning itself with specialized technology.
Upturn SWOT Analysis
Strengths
- Proprietary technology in ion beam deposition and MOCVD
- Strong customer relationships with leading manufacturers
- Diversified product portfolio across multiple end markets
- Global presence and service network
Weaknesses
- Cyclical nature of the semiconductor and data storage industries
- Reliance on capital expenditures by customers
- Exposure to currency exchange rate fluctuations
- Smaller scale compared to some larger competitors
Opportunities
- Growth in demand for advanced displays and power electronics
- Expansion into new applications for its technologies
- Strategic acquisitions to expand its product portfolio
- Increasing adoption of compound semiconductors in automotive and renewable energy sectors
Threats
- Intense competition from established equipment manufacturers
- Technological obsolescence
- Economic downturns and reduced capital spending
- Geopolitical risks and trade tensions
Competitors and Market Share
Key Competitors
- AMAT
- LRCX
- KLAC
- AIXG.DE
Competitive Landscape
Veeco competes with larger and more diversified equipment manufacturers. Its advantage lies in its specialized technologies and customer relationships in niche markets.
Major Acquisitions
Synos Technology
- Year: 2018
- Acquisition Price (USD millions): 57
- Strategic Rationale: Expanded Veeco's laser annealing product line and customer base.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been cyclical, tied to capital spending cycles in the semiconductor and data storage industries.
Future Projections: Future projections are based on analyst estimates and depend on market conditions. Analyst estimates not available at this time.
Recent Initiatives: Recent initiatives include investments in R&D, new product development, and strategic partnerships.
Summary
Veeco is a significant player in specialized semiconductor equipment markets, particularly ion beam deposition and MOCVD. Its cyclical performance is tied to customer capital spending. The company has proprietary technology, but faces competition from larger players. Growth opportunities exist in new markets, but economic downturns are a key risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Veeco Instruments Inc. Investor Relations
- Company Filings
- Industry Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated based on publicly available information and may not be precise. Financial data requires real-time updates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Veeco Instruments Inc
Exchange NASDAQ | Headquaters Plainview, NY, United States | ||
IPO Launch date 1994-11-29 | CEO & Director Dr. William John Miller Ph.D. | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 1231 | Website https://www.veeco.com |
Full time employees 1231 | Website https://www.veeco.com | ||
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices. The company 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. Its 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, the company 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. It operates in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
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