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Veeco Instruments share price today

Veeco Instruments Inc. · VECO · Technology · Semiconductor Equipment & Materials · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Veeco Instruments share price: $36.00 at the close on 4 November 2026, +18.4% in a year.

Getting worseBusiness trend from the last 12 quarters
$36.00Price +18.4% in a year
97.0×P/E higher than 87% of the last 4.6 years
$193 MRevenue (Jun 2026) +16.5% on a year ago
$11.9 MProfit (Jun 2026) +1.1% on a year ago
6.7%Operating margin −0.7 points on a year ago
4%ROE FY25
3.9%ROIC against a 11.1% cost of capital: −7.2 points

Veeco Instruments Inc.'s share price has risen faster than its earnings: +18.4% in a year, against −52.0% for earnings per share.

The main question: the share price moved +18.4% in a year while yearly earnings per share moved −52.0%. The difference came from the market paying a higher multiple.

The price has been moving sideways for 4 weeks, and the P/E is higher than 87% of its own last 4.6 years. Over the last four quarters, results have been improving, with profit +1.1% on a year earlier, and 88% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Veeco Instruments share price today?

Veeco Instruments Inc.'s share price was $36.00 at the close on 4 November 2026. It has been moving sideways for 4 weeks. That is 23.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $27 and $80, and at that close it sat 16% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Veeco Instruments Inc. is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 16 weeks running.

1Y

Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $36.00
  • 50-day avg $45.49
  • 200-day avg $47.05
Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$28.75$27.92$23.10
7 Nov 2025$30.41$28.39$23.17
14 Nov 2025$29.18$29.00$23.30
21 Nov 2025$27.40$29.23$23.35
28 Nov 2025$29.23$29.37$23.45
5 Dec 2025$32.05$29.52$23.60
12 Dec 2025$30.62$29.57$23.80
19 Dec 2025$29.29$29.52$24.01
26 Dec 2025$29.29$29.60$24.18
2 Jan 2026$30.54$29.61$24.34
9 Jan 2026$33.11$29.92$24.60
16 Jan 2026$32.97$30.37$24.93
23 Jan 2026$32.35$30.58$25.21
30 Jan 2026$31.23$30.82$25.54
6 Feb 2026$30.69$31.10$25.84
13 Feb 2026$33.61$31.39$26.17
20 Feb 2026$29.32$31.29$26.39
27 Feb 2026$30.56$31.08$26.64
6 Mar 2026$30.30$31.33$26.92
13 Mar 2026$30.95$31.52$27.21
20 Mar 2026$30.65$31.51$27.49
27 Mar 2026$35.27$31.67$27.84
2 Apr 2026$34.36$31.76$28.10
10 Apr 2026$40.04$32.27$28.53
17 Apr 2026$42.97$33.35$29.06
24 Apr 2026$51.73$35.20$29.76
1 May 2026$50.25$36.95$30.47
8 May 2026$59.42$39.61$31.33
15 May 2026$58.64$42.43$32.31
22 May 2026$59.55$45.00$33.22
29 May 2026$57.64$47.31$33.94
5 Jun 2026$58.45$50.03$34.84
12 Jun 2026$77.48$53.44$35.94
18 Jun 2026$79.65$56.86$37.02
26 Jun 2026$70.95$60.20$38.26
2 Jul 2026$57.49$62.06$39.12
10 Jul 2026$57.40$62.61$39.80
17 Jul 2026$52.27$63.19$40.45
24 Jul 2026$51.66$62.48$40.99
31 Jul 2026$50.00$61.42$41.44
7 Aug 2026$52.78$60.73$42.02
14 Aug 2026$52.40$59.99$42.59
21 Aug 2026$47.86$58.62$43.10
28 Aug 2026$44.30$55.60$43.51
4 Sep 2026$44.67$52.36$43.86
11 Sep 2026$44.83$50.21$44.21
18 Sep 2026$42.72$48.80$44.52
25 Sep 2026$49.67$47.74$44.88
2 Oct 2026$57.38$47.66$45.41
9 Oct 2026$52.28$48.30$46.02
16 Oct 2026$42.75$47.75$46.44
23 Oct 2026$42.06$46.92$46.76
30 Oct 2026$38.87$46.12$46.99
4 Nov 2026$36.00$45.49$47.05
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $36.00
  • 50-day avg $45.49
  • 200-day avg $47.05
Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$25.32$26.95$23.95
10 Nov 2023$27.78$26.75$24.11
17 Nov 2023$28.39$26.66$24.30
24 Nov 2023$29.00$26.75$24.47
1 Dec 2023$28.67$26.96$24.68
8 Dec 2023$28.41$27.06$24.85
15 Dec 2023$30.91$27.33$25.07
22 Dec 2023$31.40$27.66$25.31
29 Dec 2023$31.03$28.01$25.52
5 Jan 2024$28.55$28.33$25.69
12 Jan 2024$28.35$28.75$25.88
19 Jan 2024$32.54$29.24$26.08
26 Jan 2024$32.45$29.83$26.41
2 Feb 2024$32.53$30.23$26.73
9 Feb 2024$34.14$30.59$27.08
16 Feb 2024$35.47$31.26$27.49
23 Feb 2024$35.05$31.75$27.81
1 Mar 2024$36.90$32.29$28.19
8 Mar 2024$35.83$32.81$28.53
15 Mar 2024$33.74$33.18$28.80
22 Mar 2024$35.24$33.79$29.05
28 Mar 2024$35.17$34.25$29.24
5 Apr 2024$34.80$34.48$29.49
12 Apr 2024$36.01$34.87$29.78
19 Apr 2024$32.58$35.11$30.01
26 Apr 2024$35.16$35.09$30.25
3 May 2024$36.37$35.17$30.49
10 May 2024$38.01$35.43$30.78
17 May 2024$40.00$35.72$31.07
24 May 2024$41.53$36.31$31.36
31 May 2024$40.65$36.87$31.58
7 Jun 2024$42.78$37.61$31.92
14 Jun 2024$45.84$38.61$32.34
21 Jun 2024$46.59$39.51$32.70
28 Jun 2024$46.71$40.51$33.15
5 Jul 2024$47.69$41.64$33.54
12 Jul 2024$47.19$42.91$34.07
19 Jul 2024$40.13$43.64$34.47
26 Jul 2024$39.46$43.88$34.81
2 Aug 2024$35.26$43.73$35.09
9 Aug 2024$36.48$43.13$35.32
16 Aug 2024$38.37$42.73$35.65
23 Aug 2024$38.00$42.10$35.97
30 Aug 2024$35.49$40.97$36.18
6 Sep 2024$29.67$39.80$36.24
13 Sep 2024$31.25$38.11$36.27
20 Sep 2024$31.60$36.44$36.33
27 Sep 2024$33.53$35.21$36.44
4 Oct 2024$32.82$34.36$36.49
11 Oct 2024$33.33$33.69$36.54
18 Oct 2024$30.48$33.35$36.56
25 Oct 2024$29.26$32.60$36.58
1 Nov 2024$28.79$31.77$36.57
8 Nov 2024$28.68$31.08$36.48
15 Nov 2024$26.43$30.61$36.35
22 Nov 2024$27.40$30.25$36.21
29 Nov 2024$27.87$29.99$36.07
6 Dec 2024$27.79$29.61$35.91
13 Dec 2024$27.68$29.16$35.73
20 Dec 2024$26.84$28.64$35.51
27 Dec 2024$27.61$28.27$35.36
3 Jan 2025$27.16$28.01$35.22
10 Jan 2025$26.69$27.92$35.08
17 Jan 2025$27.41$27.67$34.88
24 Jan 2025$25.91$27.45$34.71
31 Jan 2025$25.38$27.17$34.41
7 Feb 2025$24.38$27.05$34.19
14 Feb 2025$24.67$26.67$33.93
21 Feb 2025$24.73$26.40$33.72
28 Feb 2025$22.24$25.89$33.35
7 Mar 2025$21.14$25.24$32.89
14 Mar 2025$21.48$24.59$32.40
21 Mar 2025$21.16$23.99$31.91
28 Mar 2025$20.38$23.43$31.37
4 Apr 2025$17.93$22.68$30.71
11 Apr 2025$19.01$22.06$30.01
17 Apr 2025$17.95$21.52$29.45
25 Apr 2025$19.36$20.93$28.73
2 May 2025$19.67$20.35$28.02
9 May 2025$19.21$19.93$27.46
16 May 2025$20.55$19.89$27.00
23 May 2025$19.20$19.77$26.56
30 May 2025$19.31$19.60$26.24
6 Jun 2025$20.57$19.47$25.81
13 Jun 2025$20.43$19.56$25.41
20 Jun 2025$19.71$19.75$25.11
27 Jun 2025$20.52$19.90$24.85
3 Jul 2025$21.45$20.14$24.67
11 Jul 2025$21.16$20.36$24.42
18 Jul 2025$21.42$20.54$24.13
25 Jul 2025$20.82$20.63$23.84
1 Aug 2025$20.44$20.68$23.55
8 Aug 2025$23.61$20.87$23.30
15 Aug 2025$23.82$21.31$23.16
22 Aug 2025$25.25$21.63$23.04
29 Aug 2025$24.52$22.02$22.93
5 Sep 2025$24.51$22.32$22.85
12 Sep 2025$25.34$22.75$22.82
19 Sep 2025$28.55$23.37$22.82
26 Sep 2025$29.87$24.23$22.84
3 Oct 2025$31.61$25.29$22.93
10 Oct 2025$27.79$26.11$22.98
17 Oct 2025$29.18$26.91$23.01
24 Oct 2025$29.31$27.42$23.05
31 Oct 2025$28.75$27.92$23.10
7 Nov 2025$30.41$28.39$23.17
14 Nov 2025$29.18$29.00$23.30
21 Nov 2025$27.40$29.23$23.35
28 Nov 2025$29.23$29.37$23.45
5 Dec 2025$32.05$29.52$23.60
12 Dec 2025$30.62$29.57$23.80
19 Dec 2025$29.29$29.52$24.01
26 Dec 2025$29.29$29.60$24.18
2 Jan 2026$30.54$29.61$24.34
9 Jan 2026$33.11$29.92$24.60
16 Jan 2026$32.97$30.37$24.93
23 Jan 2026$32.35$30.58$25.21
30 Jan 2026$31.23$30.82$25.54
6 Feb 2026$30.69$31.10$25.84
13 Feb 2026$33.61$31.39$26.17
20 Feb 2026$29.32$31.29$26.39
27 Feb 2026$30.56$31.08$26.64
6 Mar 2026$30.30$31.33$26.92
13 Mar 2026$30.95$31.52$27.21
20 Mar 2026$30.65$31.51$27.49
27 Mar 2026$35.27$31.67$27.84
2 Apr 2026$34.36$31.76$28.10
10 Apr 2026$40.04$32.27$28.53
17 Apr 2026$42.97$33.35$29.06
24 Apr 2026$51.73$35.20$29.76
1 May 2026$50.25$36.95$30.47
8 May 2026$59.42$39.61$31.33
15 May 2026$58.64$42.43$32.31
22 May 2026$59.55$45.00$33.22
29 May 2026$57.64$47.31$33.94
5 Jun 2026$58.45$50.03$34.84
12 Jun 2026$77.48$53.44$35.94
18 Jun 2026$79.65$56.86$37.02
26 Jun 2026$70.95$60.20$38.26
2 Jul 2026$57.49$62.06$39.12
10 Jul 2026$57.40$62.61$39.80
17 Jul 2026$52.27$63.19$40.45
24 Jul 2026$51.66$62.48$40.99
31 Jul 2026$50.00$61.42$41.44
7 Aug 2026$52.78$60.73$42.02
14 Aug 2026$52.40$59.99$42.59
21 Aug 2026$47.86$58.62$43.10
28 Aug 2026$44.30$55.60$43.51
4 Sep 2026$44.67$52.36$43.86
11 Sep 2026$44.83$50.21$44.21
18 Sep 2026$42.72$48.80$44.52
25 Sep 2026$49.67$47.74$44.88
2 Oct 2026$57.38$47.66$45.41
9 Oct 2026$52.28$48.30$46.02
16 Oct 2026$42.75$47.75$46.44
23 Oct 2026$42.06$46.92$46.76
30 Oct 2026$38.87$46.12$46.99
4 Nov 2026$36.00$45.49$47.05
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $36.00
  • 50-day avg $45.49
  • 200-day avg $47.05
Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$24.29$22.67$22.22
12 Nov 2021$26.81$23.58$22.56
26 Nov 2021$26.16$24.32$22.86
10 Dec 2021$26.17$25.13$23.09
23 Dec 2021$26.86$25.73$23.27
7 Jan 2022$27.78$26.83$23.64
21 Jan 2022$27.05$27.44$24.02
4 Feb 2022$26.84$27.47$24.31
18 Feb 2022$26.91$27.72$24.55
4 Mar 2022$27.77$28.04$24.81
18 Mar 2022$29.07$28.02$25.05
1 Apr 2022$26.59$27.79$25.22
14 Apr 2022$23.84$27.46$25.29
29 Apr 2022$22.92$26.64$25.35
13 May 2022$21.94$25.63$25.37
27 May 2022$21.77$24.26$25.30
10 Jun 2022$20.66$22.99$25.32
24 Jun 2022$20.01$21.82$25.17
8 Jul 2022$18.37$20.90$25.01
22 Jul 2022$20.74$20.12$24.84
5 Aug 2022$22.17$20.15$24.76
19 Aug 2022$22.54$20.32$24.70
2 Sep 2022$19.73$20.74$24.43
16 Sep 2022$19.61$20.96$24.14
30 Sep 2022$18.32$20.97$23.78
14 Oct 2022$17.14$20.43$23.37
28 Oct 2022$18.56$19.60$22.83
11 Nov 2022$19.73$18.85$22.32
25 Nov 2022$19.45$18.73$21.98
9 Dec 2022$19.06$18.77$21.56
23 Dec 2022$18.37$18.83$21.11
6 Jan 2023$19.35$18.92$20.72
20 Jan 2023$20.12$19.28$20.36
3 Feb 2023$21.24$19.50$20.13
17 Feb 2023$21.72$19.76$20.00
3 Mar 2023$21.75$20.12$19.95
17 Mar 2023$20.89$20.61$19.94
31 Mar 2023$21.13$20.79$19.92
14 Apr 2023$19.60$20.77$19.94
28 Apr 2023$18.42$20.39$19.96
12 May 2023$20.77$20.00$19.93
26 May 2023$24.59$20.35$19.98
9 Jun 2023$25.13$21.10$20.09
23 Jun 2023$24.21$21.94$20.24
7 Jul 2023$24.23$23.00$20.46
21 Jul 2023$26.40$24.41$20.80
4 Aug 2023$28.22$25.53$21.26
18 Aug 2023$28.25$26.54$21.81
1 Sep 2023$29.98$27.26$22.32
15 Sep 2023$26.65$27.82$22.71
29 Sep 2023$28.11$28.13$23.10
13 Oct 2023$27.56$28.13$23.52
27 Oct 2023$24.16$27.34$23.84
10 Nov 2023$27.78$26.75$24.11
24 Nov 2023$29.00$26.75$24.47
8 Dec 2023$28.41$27.06$24.85
22 Dec 2023$31.40$27.66$25.31
5 Jan 2024$28.55$28.33$25.69
19 Jan 2024$32.54$29.24$26.08
2 Feb 2024$32.53$30.23$26.73
16 Feb 2024$35.47$31.26$27.49
1 Mar 2024$36.90$32.29$28.19
15 Mar 2024$33.74$33.18$28.80
28 Mar 2024$35.17$34.25$29.24
12 Apr 2024$36.01$34.87$29.78
26 Apr 2024$35.16$35.09$30.25
10 May 2024$38.01$35.43$30.78
24 May 2024$41.53$36.31$31.36
7 Jun 2024$42.78$37.61$31.92
21 Jun 2024$46.59$39.51$32.70
5 Jul 2024$47.69$41.64$33.54
19 Jul 2024$40.13$43.64$34.47
2 Aug 2024$35.26$43.73$35.09
16 Aug 2024$38.37$42.73$35.65
30 Aug 2024$35.49$40.97$36.18
13 Sep 2024$31.25$38.11$36.27
27 Sep 2024$33.53$35.21$36.44
11 Oct 2024$33.33$33.69$36.54
25 Oct 2024$29.26$32.60$36.58
8 Nov 2024$28.68$31.08$36.48
22 Nov 2024$27.40$30.25$36.21
6 Dec 2024$27.79$29.61$35.91
20 Dec 2024$26.84$28.64$35.51
3 Jan 2025$27.16$28.01$35.22
17 Jan 2025$27.41$27.67$34.88
31 Jan 2025$25.38$27.17$34.41
14 Feb 2025$24.67$26.67$33.93
28 Feb 2025$22.24$25.89$33.35
14 Mar 2025$21.48$24.59$32.40
28 Mar 2025$20.38$23.43$31.37
11 Apr 2025$19.01$22.06$30.01
25 Apr 2025$19.36$20.93$28.73
9 May 2025$19.21$19.93$27.46
23 May 2025$19.20$19.77$26.56
6 Jun 2025$20.57$19.47$25.81
20 Jun 2025$19.71$19.75$25.11
3 Jul 2025$21.45$20.14$24.67
18 Jul 2025$21.42$20.54$24.13
1 Aug 2025$20.44$20.68$23.55
15 Aug 2025$23.82$21.31$23.16
29 Aug 2025$24.52$22.02$22.93
12 Sep 2025$25.34$22.75$22.82
26 Sep 2025$29.87$24.23$22.84
10 Oct 2025$27.79$26.11$22.98
24 Oct 2025$29.31$27.42$23.05
7 Nov 2025$30.41$28.39$23.17
21 Nov 2025$27.40$29.23$23.35
5 Dec 2025$32.05$29.52$23.60
19 Dec 2025$29.29$29.52$24.01
2 Jan 2026$30.54$29.61$24.34
16 Jan 2026$32.97$30.37$24.93
30 Jan 2026$31.23$30.82$25.54
13 Feb 2026$33.61$31.39$26.17
27 Feb 2026$30.56$31.08$26.64
13 Mar 2026$30.95$31.52$27.21
27 Mar 2026$35.27$31.67$27.84
10 Apr 2026$40.04$32.27$28.53
24 Apr 2026$51.73$35.20$29.76
8 May 2026$59.42$39.61$31.33
22 May 2026$59.55$45.00$33.22
5 Jun 2026$58.45$50.03$34.84
18 Jun 2026$79.65$56.86$37.02
2 Jul 2026$57.49$62.06$39.12
17 Jul 2026$52.27$63.19$40.45
31 Jul 2026$50.00$61.42$41.44
14 Aug 2026$52.40$59.99$42.59
28 Aug 2026$44.30$55.60$43.51
11 Sep 2026$44.83$50.21$44.21
25 Sep 2026$49.67$47.74$44.88
9 Oct 2026$52.28$48.30$46.02
23 Oct 2026$42.06$46.92$46.76
4 Nov 2026$36.00$45.49$47.05
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $36.00
  • 50-day avg $45.49
  • 200-day avg $47.05
Nov 2026: $36.00, 23.5% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
28 Oct 2016$21.95$20.38–
18 Nov 2016$25.65$21.66–
9 Dec 2016$27.10$23.74–
30 Dec 2016$29.15$25.96–
20 Jan 2017$27.10$27.52–
10 Feb 2017$26.05$27.62–
3 Mar 2017$28.25$27.63–
24 Mar 2017$28.75$27.50–
13 Apr 2017$27.40$28.08–
5 May 2017$32.90$29.73$25.14
26 May 2017$32.00$30.79$26.18
16 Jun 2017$28.80$31.20$26.90
7 Jul 2017$28.40$30.92$27.53
28 Jul 2017$31.20$30.44$28.37
18 Aug 2017$18.60$27.92$28.48
8 Sep 2017$19.40$25.06$28.08
29 Sep 2017$21.40$22.33$27.61
20 Oct 2017$21.25$20.34$27.01
10 Nov 2017$15.80$19.78$26.25
1 Dec 2017$15.75$18.67$25.58
22 Dec 2017$14.65$16.72$24.54
12 Jan 2018$16.05$15.60$23.66
2 Feb 2018$16.50$15.73$22.83
23 Feb 2018$18.70$16.14$21.71
16 Mar 2018$19.75$17.37$20.75
6 Apr 2018$16.15$17.64$19.83
27 Apr 2018$16.00$17.85$18.94
18 May 2018$16.38$17.19$17.81
8 Jun 2018$18.25$16.75$17.54
29 Jun 2018$14.25$16.48$17.27
20 Jul 2018$15.45$16.20$16.90
10 Aug 2018$11.40$15.18$16.30
31 Aug 2018$12.00$13.37$15.88
21 Sep 2018$10.65$12.29$15.51
12 Oct 2018$9.30$10.85$15.19
2 Nov 2018$8.80$10.24$14.68
23 Nov 2018$7.89$9.39$14.12
14 Dec 2018$7.39$8.71$13.43
4 Jan 2019$7.79$8.10$12.66
25 Jan 2019$9.75$8.00$12.07
15 Feb 2019$11.64$8.71$11.61
8 Mar 2019$10.46$9.82$11.25
29 Mar 2019$10.84$10.80$10.79
18 Apr 2019$12.65$11.47$10.55
10 May 2019$14.01$11.94$10.36
31 May 2019$11.49$12.18$10.31
21 Jun 2019$11.24$12.23$10.34
12 Jul 2019$11.86$12.10$10.40
2 Aug 2019$11.77$11.79$10.55
23 Aug 2019$9.91$11.54$10.69
13 Sep 2019$11.30$11.06$10.80
4 Oct 2019$11.49$11.01$11.07
25 Oct 2019$13.42$11.12$11.41
15 Nov 2019$15.22$12.63$11.84
6 Dec 2019$13.98$13.30$12.03
27 Dec 2019$14.79$14.10$12.25
17 Jan 2020$16.69$14.56$12.51
7 Feb 2020$14.18$14.46$12.67
28 Feb 2020$13.39$14.86$12.82
20 Mar 2020$7.81$13.84$12.77
9 Apr 2020$9.80$12.19$12.62
1 May 2020$10.51$10.73$12.50
22 May 2020$11.45$10.21$12.47
12 Jun 2020$12.61$11.17$12.60
2 Jul 2020$13.40$12.12$12.81
24 Jul 2020$12.55$12.79$12.94
14 Aug 2020$13.72$13.39$13.04
4 Sep 2020$11.59$13.18$12.85
25 Sep 2020$11.52$12.62$12.69
16 Oct 2020$12.41$12.26$12.53
6 Nov 2020$15.01$12.32$12.37
27 Nov 2020$16.89$13.48$12.46
18 Dec 2020$18.61$15.22$12.69
8 Jan 2021$19.68$16.69$13.26
29 Jan 2021$18.46$18.32$13.99
19 Feb 2021$22.59$19.49$14.73
12 Mar 2021$22.36$20.61$15.49
1 Apr 2021$21.59$21.05$16.07
23 Apr 2021$22.60$21.48$16.68
14 May 2021$22.07$21.68$17.37
4 Jun 2021$24.37$22.15$18.03
25 Jun 2021$23.86$23.14$18.95
16 Jul 2021$21.06$23.25$19.73
6 Aug 2021$23.07$23.27$20.48
27 Aug 2021$22.82$22.40$21.09
17 Sep 2021$22.13$22.22$21.56
8 Oct 2021$22.63$22.33$21.89
29 Oct 2021$24.29$22.67$22.22
19 Nov 2021$26.60$23.94$22.74
10 Dec 2021$26.17$25.13$23.09
31 Dec 2021$28.47$26.18$23.43
21 Jan 2022$27.05$27.44$24.02
11 Feb 2022$27.46$27.58$24.42
4 Mar 2022$27.77$28.04$24.81
25 Mar 2022$29.08$27.98$25.15
14 Apr 2022$23.84$27.46$25.29
6 May 2022$23.51$26.32$25.40
27 May 2022$21.77$24.26$25.30
17 Jun 2022$18.97$22.27$25.24
8 Jul 2022$18.37$20.90$25.01
29 Jul 2022$21.80$20.05$24.79
19 Aug 2022$22.54$20.32$24.70
9 Sep 2022$20.90$20.77$24.30
30 Sep 2022$18.32$20.97$23.78
21 Oct 2022$18.48$20.03$23.09
11 Nov 2022$19.73$18.85$22.32
2 Dec 2022$19.74$18.72$21.76
23 Dec 2022$18.37$18.83$21.11
13 Jan 2023$20.34$19.10$20.50
3 Feb 2023$21.24$19.50$20.13
24 Feb 2023$20.85$19.92$19.94
17 Mar 2023$20.89$20.61$19.94
6 Apr 2023$19.65$20.79$19.93
28 Apr 2023$18.42$20.39$19.96
19 May 2023$22.82$20.12$19.95
9 Jun 2023$25.13$21.10$20.09
30 Jun 2023$25.68$22.52$20.36
21 Jul 2023$26.40$24.41$20.80
11 Aug 2023$29.98$26.14$21.55
1 Sep 2023$29.98$27.26$22.32
22 Sep 2023$26.45$28.02$22.89
13 Oct 2023$27.56$28.13$23.52
3 Nov 2023$25.32$26.95$23.95
24 Nov 2023$29.00$26.75$24.47
15 Dec 2023$30.91$27.33$25.07
5 Jan 2024$28.55$28.33$25.69
26 Jan 2024$32.45$29.83$26.41
16 Feb 2024$35.47$31.26$27.49
8 Mar 2024$35.83$32.81$28.53
28 Mar 2024$35.17$34.25$29.24
19 Apr 2024$32.58$35.11$30.01
10 May 2024$38.01$35.43$30.78
31 May 2024$40.65$36.87$31.58
21 Jun 2024$46.59$39.51$32.70
12 Jul 2024$47.19$42.91$34.07
2 Aug 2024$35.26$43.73$35.09
23 Aug 2024$38.00$42.10$35.97
13 Sep 2024$31.25$38.11$36.27
4 Oct 2024$32.82$34.36$36.49
25 Oct 2024$29.26$32.60$36.58
15 Nov 2024$26.43$30.61$36.35
6 Dec 2024$27.79$29.61$35.91
27 Dec 2024$27.61$28.27$35.36
17 Jan 2025$27.41$27.67$34.88
7 Feb 2025$24.38$27.05$34.19
28 Feb 2025$22.24$25.89$33.35
21 Mar 2025$21.16$23.99$31.91
11 Apr 2025$19.01$22.06$30.01
2 May 2025$19.67$20.35$28.02
23 May 2025$19.20$19.77$26.56
13 Jun 2025$20.43$19.56$25.41
3 Jul 2025$21.45$20.14$24.67
25 Jul 2025$20.82$20.63$23.84
15 Aug 2025$23.82$21.31$23.16
5 Sep 2025$24.51$22.32$22.85
26 Sep 2025$29.87$24.23$22.84
17 Oct 2025$29.18$26.91$23.01
7 Nov 2025$30.41$28.39$23.17
28 Nov 2025$29.23$29.37$23.45
19 Dec 2025$29.29$29.52$24.01
9 Jan 2026$33.11$29.92$24.60
30 Jan 2026$31.23$30.82$25.54
20 Feb 2026$29.32$31.29$26.39
13 Mar 2026$30.95$31.52$27.21
2 Apr 2026$34.36$31.76$28.10
24 Apr 2026$51.73$35.20$29.76
15 May 2026$58.64$42.43$32.31
5 Jun 2026$58.45$50.03$34.84
26 Jun 2026$70.95$60.20$38.26
17 Jul 2026$52.27$63.19$40.45
7 Aug 2026$52.78$60.73$42.02
28 Aug 2026$44.30$55.60$43.51
18 Sep 2026$42.72$48.80$44.52
9 Oct 2026$52.28$48.30$46.02
30 Oct 2026$38.87$46.12$46.99
4 Nov 2026$36.00$45.49$47.05
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Rising from Nov 2023 to Aug 2024; Sideways from Aug 2024 to Feb 2025; Falling from Feb 2025 to Aug 2025; Sideways from Aug 2025 to Jan 2026; Rising from Jan 2026 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Rising from Oct 2021 to Apr 2022; Sideways from Apr 2022 to Sep 2022; Falling from Sep 2022 to Jan 2023; Sideways from Feb 2023 to Jul 2023; Rising from Aug 2023 to Aug 2024; Sideways from Aug 2024 to Jan 2025; Falling from Feb 2025 to Aug 2025; Sideways from Aug 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.

Price stage: Falling from Dec 2017 to Mar 2019; Sideways from Mar 2019 to Oct 2019; Rising from Oct 2019 to Feb 2020; Sideways from Mar 2020 to Nov 2020; Rising from Dec 2020 to Mar 2022; Sideways from Apr 2022 to Sep 2022; Falling from Sep 2022 to Jan 2023; Sideways from Feb 2023 to Jul 2023; Rising from Aug 2023 to Aug 2024; Sideways from Sep 2024 to Feb 2025; Falling from Feb 2025 to Jul 2025; Sideways from Aug 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?

Ahead in 257 of 527 weeks

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
8 Jul 2016no S&P 500 reading
15 Jul 2016no S&P 500 reading
22 Jul 2016no S&P 500 reading
29 Jul 2016no S&P 500 reading
5 Aug 2016no S&P 500 reading
12 Aug 2016no S&P 500 reading
19 Aug 2016no S&P 500 reading
26 Aug 2016no S&P 500 reading
2 Sep 2016no S&P 500 reading
9 Sep 2016no S&P 500 reading
16 Sep 2016no S&P 500 reading
23 Sep 2016no S&P 500 reading
30 Sep 2016no S&P 500 reading
7 Oct 2016+31.8%
14 Oct 2016+27.0%
21 Oct 2016+26.6%
28 Oct 2016+33.0%
4 Nov 2016+26.4%
11 Nov 2016+21.6%
18 Nov 2016+25.8%
25 Nov 2016+31.2%
2 Dec 2016+28.5%
9 Dec 2016+31.9%
16 Dec 2016+47.2%
23 Dec 2016+48.9%
30 Dec 2016+45.2%
6 Jan 2017+25.8%
13 Jan 2017+18.6%
20 Jan 2017+21.6%
27 Jan 2017+16.4%
3 Feb 2017−1.3%
10 Feb 2017−4.0%
17 Feb 2017−0.2%
24 Feb 2017−0.5%
3 Mar 2017−0.7%
10 Mar 2017−0.1%
17 Mar 2017−2.2%
24 Mar 2017−5.8%
31 Mar 2017−3.1%
7 Apr 2017−4.7%
13 Apr 2017−2.4%
21 Apr 2017+10.9%
28 Apr 2017+17.1%
5 May 2017+20.6%
12 May 2017+23.3%
19 May 2017+12.6%
26 May 2017+11.2%
2 Jun 2017+6.6%
9 Jun 2017+4.5%
16 Jun 2017−5.1%
23 Jun 2017+0.7%
30 Jun 2017−9.3%
7 Jul 2017−3.3%
14 Jul 2017+7.5%
21 Jul 2017−1.2%
28 Jul 2017−9.2%
4 Aug 2017−36.8%
11 Aug 2017−39.8%
18 Aug 2017−42.6%
25 Aug 2017−42.1%
1 Sep 2017−38.5%
8 Sep 2017−37.4%
15 Sep 2017−29.8%
22 Sep 2017−33.5%
29 Sep 2017−27.1%
6 Oct 2017−29.7%
13 Oct 2017−34.3%
20 Oct 2017−38.3%
27 Oct 2017−47.2%
3 Nov 2017−29.9%
10 Nov 2017−28.8%
17 Nov 2017−16.7%
24 Nov 2017−17.3%
1 Dec 2017−25.5%
8 Dec 2017−46.3%
15 Dec 2017−31.2%
22 Dec 2017−36.8%
29 Dec 2017−36.8%
5 Jan 2018−31.3%
12 Jan 2018−34.5%
19 Jan 2018−29.3%
26 Jan 2018−16.0%
2 Feb 2018−5.4%
9 Feb 2018−5.8%
16 Feb 2018+7.6%
23 Feb 2018+5.5%
2 Mar 2018+14.1%
9 Mar 2018+57.6%
16 Mar 2018+21.3%
23 Mar 2018+23.7%
29 Mar 2018+15.9%
6 Apr 2018+4.1%
13 Apr 2018+11.8%
20 Apr 2018+6.1%
27 Apr 2018+1.1%
4 May 2018+6.8%
11 May 2018+2.6%
18 May 2018−12.7%
25 May 2018−10.6%
1 Jun 2018−6.3%
8 Jun 2018−5.4%
15 Jun 2018−15.8%
22 Jun 2018−20.1%
29 Jun 2018−19.3%
6 Jul 2018−10.7%
13 Jul 2018−16.2%
20 Jul 2018−14.8%
27 Jul 2018−14.6%
3 Aug 2018−38.6%
10 Aug 2018−33.2%
17 Aug 2018−38.8%
24 Aug 2018−40.1%
31 Aug 2018−37.1%
7 Sep 2018−38.7%
14 Sep 2018−39.4%
21 Sep 2018−36.2%
28 Sep 2018−35.2%
5 Oct 2018−38.5%
12 Oct 2018−38.1%
19 Oct 2018−38.4%
26 Oct 2018−35.3%
2 Nov 2018−20.0%
9 Nov 2018−26.1%
16 Nov 2018−19.9%
23 Nov 2018−18.8%
30 Nov 2018−22.0%
7 Dec 2018−25.5%
14 Dec 2018−22.7%
21 Dec 2018−21.3%
28 Dec 2018−13.1%
4 Jan 2019−11.0%
11 Jan 2019−5.1%
18 Jan 2019−1.5%
25 Jan 2019+13.5%
1 Feb 2019+15.6%
8 Feb 2019+35.1%
15 Feb 2019+39.6%
22 Feb 2019+42.4%
1 Mar 2019+30.7%
8 Mar 2019+30.0%
15 Mar 2019+50.1%
22 Mar 2019+57.7%
29 Mar 2019+32.7%
5 Apr 2019+40.6%
12 Apr 2019+33.5%
18 Apr 2019+34.1%
26 Apr 2019+16.9%
3 May 2019+18.3%
10 May 2019+22.3%
17 May 2019+4.3%
24 May 2019−1.4%
31 May 2019+0.9%
7 Jun 2019+8.3%
14 Jun 2019−9.1%
21 Jun 2019−5.9%
28 Jun 2019+9.0%
5 Jul 2019−1.9%
12 Jul 2019−4.9%
19 Jul 2019−9.2%
26 Jul 2019−4.9%
2 Aug 2019−8.0%
9 Aug 2019−22.3%
16 Aug 2019−13.5%
23 Aug 2019−16.0%
30 Aug 2019−25.6%
6 Sep 2019−22.0%
13 Sep 2019−0.9%
20 Sep 2019+3.3%
27 Sep 2019−4.5%
4 Oct 2019−4.9%
11 Oct 2019−0.7%
18 Oct 2019+1.2%
25 Oct 2019+10.4%
1 Nov 2019+17.3%
8 Nov 2019+34.9%
15 Nov 2019+31.1%
22 Nov 2019+27.2%
29 Nov 2019+40.4%
6 Dec 2019+39.2%
13 Dec 2019+17.4%
20 Dec 2019+18.4%
27 Dec 2019+16.4%
3 Jan 2020+18.7%
10 Jan 2020+15.4%
17 Jan 2020+28.0%
24 Jan 2020+3.1%
31 Jan 2020−16.2%
7 Feb 2020−16.4%
14 Feb 2020+10.5%
21 Feb 2020+3.7%
28 Feb 2020+3.6%
6 Mar 2020+4.7%
13 Mar 2020−11.5%
20 Mar 2020−18.6%
27 Mar 2020−16.2%
3 Apr 2020−20.6%
9 Apr 2020−18.0%
17 Apr 2020−25.5%
24 Apr 2020−19.5%
1 May 2020−5.5%
8 May 2020+9.1%
15 May 2020−24.7%
22 May 2020−12.2%
29 May 2020−15.0%
5 Jun 2020−4.8%
12 Jun 2020+10.9%
19 Jun 2020+35.0%
26 Jun 2020+17.9%
2 Jul 2020+35.6%
10 Jul 2020+24.6%
17 Jul 2020+22.1%
24 Jul 2020+11.9%
31 Jul 2020+13.2%
7 Aug 2020−15.1%
14 Aug 2020+8.6%
21 Aug 2020−7.6%
28 Aug 2020−9.1%
4 Sep 2020−25.8%
11 Sep 2020−25.1%
18 Sep 2020−15.7%
25 Sep 2020−17.9%
2 Oct 2020−20.2%
9 Oct 2020−16.1%
16 Oct 2020−17.0%
23 Oct 2020−4.5%
30 Oct 2020−5.8%
6 Nov 2020+5.1%
13 Nov 2020+4.0%
20 Nov 2020+25.8%
27 Nov 2020+31.8%
4 Dec 2020+44.5%
11 Dec 2020+53.7%
18 Dec 2020+41.8%
24 Dec 2020+52.7%
31 Dec 2020+37.4%
8 Jan 2021+45.4%
15 Jan 2021+52.4%
22 Jan 2021+48.8%
29 Jan 2021+31.7%
5 Feb 2021+22.3%
12 Feb 2021+36.6%
19 Feb 2021+31.1%
26 Feb 2021+22.7%
5 Mar 2021+16.8%
12 Mar 2021+20.6%
19 Mar 2021+8.4%
26 Mar 2021+4.0%
1 Apr 2021+17.2%
9 Apr 2021+0.2%
16 Apr 2021−5.8%
23 Apr 2021+0.4%
30 Apr 2021+11.9%
7 May 2021+4.6%
14 May 2021−6.3%
21 May 2021−6.3%
28 May 2021+0.4%
4 Jun 2021+4.3%
11 Jun 2021+5.5%
18 Jun 2021+2.9%
25 Jun 2021+5.1%
2 Jul 2021−0.4%
9 Jul 2021−0.9%
16 Jul 2021−3.0%
23 Jul 2021−5.6%
30 Jul 2021−4.3%
6 Aug 2021−3.1%
13 Aug 2021−8.9%
20 Aug 2021−15.4%
27 Aug 2021−11.4%
3 Sep 2021−11.4%
10 Sep 2021−14.9%
17 Sep 2021−10.9%
24 Sep 2021−10.3%
1 Oct 2021−3.9%
8 Oct 2021+0.8%
15 Oct 2021+8.0%
22 Oct 2021−2.2%
29 Oct 2021+0.0%
5 Nov 2021+12.5%
12 Nov 2021+19.0%
19 Nov 2021+22.9%
26 Nov 2021+12.7%
3 Dec 2021+11.8%
10 Dec 2021+9.1%
17 Dec 2021+12.3%
23 Dec 2021+14.0%
31 Dec 2021+17.7%
7 Jan 2022+16.3%
14 Jan 2022+32.1%
21 Jan 2022+22.1%
28 Jan 2022+12.7%
4 Feb 2022+2.5%
11 Feb 2022+8.2%
18 Feb 2022+8.6%
25 Feb 2022+11.4%
4 Mar 2022+11.0%
11 Mar 2022+16.6%
18 Mar 2022+16.1%
25 Mar 2022+12.1%
1 Apr 2022−2.0%
8 Apr 2022−4.4%
14 Apr 2022−19.7%
22 Apr 2022−10.5%
29 Apr 2022−6.6%
6 May 2022−4.1%
13 May 2022−11.3%
20 May 2022−11.2%
27 May 2022−16.9%
3 Jun 2022−16.9%
10 Jun 2022−18.2%
17 Jun 2022−17.0%
24 Jun 2022−17.4%
1 Jul 2022−16.2%
8 Jul 2022−14.7%
15 Jul 2022−9.8%
22 Jul 2022−4.4%
29 Jul 2022−4.9%
5 Aug 2022−6.2%
12 Aug 2022−0.4%
19 Aug 2022−1.7%
26 Aug 2022+6.1%
2 Sep 2022−4.6%
9 Sep 2022−3.1%
16 Sep 2022−2.0%
23 Sep 2022−1.5%
30 Sep 2022+7.6%
7 Oct 2022+8.4%
14 Oct 2022−0.9%
21 Oct 2022−5.6%
28 Oct 2022−9.3%
4 Nov 2022−9.8%
11 Nov 2022−8.4%
18 Nov 2022−6.7%
25 Nov 2022−13.1%
2 Dec 2022−3.7%
9 Dec 2022−5.5%
16 Dec 2022−0.6%
23 Dec 2022−5.2%
30 Dec 2022−5.7%
6 Jan 2023−3.4%
13 Jan 2023+7.2%
20 Jan 2023+3.1%
27 Jan 2023+3.6%
3 Feb 2023+8.4%
10 Feb 2023−0.5%
17 Feb 2023+7.8%
24 Feb 2023+8.7%
3 Mar 2023+10.9%
10 Mar 2023+11.1%
17 Mar 2023+6.0%
24 Mar 2023+9.6%
31 Mar 2023+6.7%
6 Apr 2023−3.9%
14 Apr 2023−7.1%
21 Apr 2023−10.1%
28 Apr 2023−10.6%
5 May 2023−12.7%
12 May 2023+2.4%
19 May 2023+2.3%
26 May 2023+12.0%
2 Jun 2023+9.4%
9 Jun 2023+9.3%
16 Jun 2023+6.2%
23 Jun 2023+7.2%
30 Jun 2023+13.3%
7 Jul 2023+16.1%
14 Jul 2023+22.2%
21 Jul 2023+29.8%
28 Jul 2023+39.6%
4 Aug 2023+43.8%
11 Aug 2023+36.1%
18 Aug 2023+19.5%
25 Aug 2023+9.4%
1 Sep 2023+14.1%
8 Sep 2023+8.6%
15 Sep 2023+6.4%
22 Sep 2023+9.9%
29 Sep 2023+13.0%
6 Oct 2023+14.9%
13 Oct 2023+11.2%
20 Oct 2023+1.9%
27 Oct 2023−2.1%
3 Nov 2023−7.6%
10 Nov 2023−6.2%
17 Nov 2023−2.8%
24 Nov 2023−0.2%
1 Dec 2023−6.1%
8 Dec 2023−2.6%
15 Dec 2023+10.1%
22 Dec 2023+8.7%
29 Dec 2023−0.8%
5 Jan 2024−4.5%
12 Jan 2024−7.6%
19 Jan 2024+15.2%
26 Jan 2024+15.6%
2 Feb 2024+14.8%
9 Feb 2024+9.1%
16 Feb 2024+14.1%
23 Feb 2024+9.3%
1 Mar 2024+17.0%
8 Mar 2024+14.9%
15 Mar 2024+0.5%
22 Mar 2024+2.2%
28 Mar 2024+3.3%
5 Apr 2024+11.1%
12 Apr 2024+19.9%
19 Apr 2024−2.5%
26 Apr 2024+4.1%
3 May 2024+8.4%
10 May 2024+7.4%
17 May 2024+6.8%
24 May 2024+14.2%
31 May 2024+7.3%
7 Jun 2024+15.0%
14 Jun 2024+29.4%
21 Jun 2024+27.7%
28 Jun 2024+28.8%
5 Jul 2024+30.1%
12 Jul 2024+21.4%
19 Jul 2024+12.3%
26 Jul 2024+5.1%
2 Aug 2024−7.3%
9 Aug 2024−6.4%
16 Aug 2024−8.8%
23 Aug 2024−14.7%
30 Aug 2024−19.6%
6 Sep 2024−31.8%
13 Sep 2024−35.4%
20 Sep 2024−36.5%
27 Sep 2024−33.2%
4 Oct 2024−34.5%
11 Oct 2024−32.9%
18 Oct 2024−30.5%
25 Oct 2024−32.2%
1 Nov 2024−25.5%
8 Nov 2024−33.6%
15 Nov 2024−36.8%
22 Nov 2024−33.8%
29 Nov 2024−28.4%
6 Dec 2024−18.8%
13 Dec 2024−18.9%
20 Dec 2024−19.1%
27 Dec 2024−21.8%
3 Jan 2025−20.6%
10 Jan 2025−20.1%
17 Jan 2025−12.3%
24 Jan 2025−16.4%
31 Jan 2025−17.2%
7 Feb 2025−15.4%
14 Feb 2025−10.7%
21 Feb 2025−10.5%
28 Feb 2025−18.8%
7 Mar 2025−18.7%
14 Mar 2025−15.5%
21 Mar 2025−16.6%
28 Mar 2025−19.6%
4 Apr 2025−19.3%
11 Apr 2025−20.8%
17 Apr 2025−22.6%
25 Apr 2025−15.9%
2 May 2025−16.7%
9 May 2025−15.1%
16 May 2025−14.2%
23 May 2025−18.9%
30 May 2025−12.4%
6 Jun 2025−6.7%
13 Jun 2025−11.0%
20 Jun 2025−12.2%
27 Jun 2025−10.0%
3 Jul 2025−4.1%
11 Jul 2025−5.5%
18 Jul 2025+0.1%
25 Jul 2025−8.2%
1 Aug 2025−5.8%
8 Aug 2025+10.0%
15 Aug 2025+7.6%
22 Aug 2025+20.1%
29 Aug 2025+17.5%
5 Sep 2025+11.1%
12 Sep 2025+13.9%
19 Sep 2025+33.2%
26 Sep 2025+37.9%
3 Oct 2025+40.4%
10 Oct 2025+26.6%
17 Oct 2025+30.4%
24 Oct 2025+34.5%
31 Oct 2025+31.0%
7 Nov 2025+23.5%
14 Nov 2025+18.1%
21 Nov 2025+6.4%
28 Nov 2025+13.3%
5 Dec 2025+24.8%
12 Dec 2025+17.1%
19 Dec 2025+0.0%
26 Dec 2025−6.2%
2 Jan 2026−5.5%
9 Jan 2026+12.9%
16 Jan 2026+8.9%
23 Jan 2026+8.6%
30 Jan 2026+7.2%
6 Feb 2026−2.0%
13 Feb 2026+13.7%
20 Feb 2026+2.4%
27 Feb 2026+4.2%
6 Mar 2026−3.5%
13 Mar 2026+3.9%
20 Mar 2026+9.3%
27 Mar 2026+28.6%
2 Apr 2026+16.5%
10 Apr 2026+23.0%
17 Apr 2026+27.7%
24 Apr 2026+56.3%
1 May 2026+56.8%
8 May 2026+86.8%
15 May 2026+66.0%
22 May 2026+95.0%
29 May 2026+78.3%
5 Jun 2026+83.2%
12 Jun 2026+138.3%
18 Jun 2026+144.7%
26 Jun 2026+86.2%
2 Jul 2026+53.8%
10 Jul 2026+32.2%
17 Jul 2026+17.0%
24 Jul 2026−3.6%
31 Jul 2026−4.2%
7 Aug 2026−16.0%
14 Aug 2026−15.7%
21 Aug 2026−22.3%
28 Aug 2026−24.8%
4 Sep 2026−28.0%
11 Sep 2026−45.2%
18 Sep 2026−48.4%
25 Sep 2026−35.8%
2 Oct 2026−3.5%
9 Oct 2026−12.0%
16 Oct 2026−20.9%
23 Oct 2026−21.4%
30 Oct 2026−23.4%
4 Nov 2026−31.0%
Each bar is one week, from 2016 to now (527 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 10 years the share price moved +118% while the S&P 500 moved +261%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Veeco Instruments pay?

Veeco Instruments Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Veeco Instruments on?

Veeco Instruments is on one of our US lists: US tech stocks.

Is Veeco Instruments profitable?

Veeco Instruments Inc. earned $11.9 M of net profit in the Jun 2026 quarter, +1.1% on the same quarter a year earlier. Full-year FY25 profit was $35.4 M. Over 4 years profit has grown 8.0% a year on average. That is 6.1% of the quarter's revenue. The same quarter a year earlier earned $11.7 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $35.4 M (−52.0% on the year before).

FY25 profit $35.4 M (−52.0% on the year before), 8.0% a year over 4 years

  • Net profit $35.4 M
FY25 profit $35.4 M (−52.0% on the year before), 8.0% a year over 4 years
QuarterNet profit
FY21$26.0 M
FY22$167 M
FY23−$30.4 M
FY24$73.7 M
FY25$35.4 M

Growth on a year earlier

  • Growth on a year earlier −52%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22541.1%
FY23−118.2%
FY24–
FY25−52%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $11.9 M (+1.1% on a year earlier)

  • Net profit (quarterly) $11.9 M
Jun 2026: $11.9 M (+1.1% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$24.6 M
Dec 2023$21.6 M
Mar 2024$21.9 M
Jun 2024$14.9 M
Sep 2024$22.0 M
Dec 2024$15.0 M
Mar 2025$11.9 M
Jun 2025$11.7 M
Sep 2025$10.6 M
Dec 2025$1.1 M
Mar 2026−$0.3 M
Jun 2026$11.9 M

Growth on a year earlier

  • Growth on a year earlier 1.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202363.4%
Dec 2023−83.2%
Mar 2024150%
Jun 2024–
Sep 2024−10.7%
Dec 2024−30.8%
Mar 2025−45.3%
Jun 2025−21.5%
Sep 2025−51.7%
Dec 2025−92.6%
Mar 2026−102.7%
Jun 20261.1%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +16.5% on a year earlier and the margin moved −0.7 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −61.5% and revenue −2.1%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Veeco Instruments make, and is it growing?

Veeco Instruments Inc. reported $193 M of revenue in the Jun 2026 quarter, +16.5% on the same quarter a year earlier. Over 4 years it has grown 3.3% a year on average. The last full year, FY25, came in at $664 M. The last four reported quarters add to $683 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $664 M, −7.4% on the year before.

FY25 revenue $664 M (−7.4% on the year before), 3.3% a year over 4 years

  • Revenue $664 M
FY25 revenue $664 M (−7.4% on the year before), 3.3% a year over 4 years
QuarterRevenue
FY21$583 M
FY22$646 M
FY23$666 M
FY24$717 M
FY25$664 M

Growth on a year earlier

  • Growth on a year earlier −7.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2210.8%
FY233.1%
FY247.6%
FY25−7.4%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $193 M (+16.5% on a year earlier)

  • Revenue (quarterly) $193 M
Jun 2026: $193 M (+16.5% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$177 M
Dec 2023$174 M
Mar 2024$174 M
Jun 2024$176 M
Sep 2024$185 M
Dec 2024$182 M
Mar 2025$167 M
Jun 2025$166 M
Sep 2025$166 M
Dec 2025$165 M
Mar 2026$158 M
Jun 2026$193 M

Growth on a year earlier

  • Growth on a year earlier 16.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20233.2%
Dec 202313.1%
Mar 202413.7%
Jun 20248.8%
Sep 20244.2%
Dec 20244.7%
Mar 2025−4.1%
Jun 2025−5.6%
Sep 2025−10.2%
Dec 2025−9.4%
Mar 2026−5.4%
Jun 202616.5%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −2.1% on average, against 3.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.5%, against −1.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −61.6%, against −47.1% a year (rolling over).

How much of every $100 of sales does Veeco Instruments keep?

Veeco Instruments Inc.'s operating margin was 6.7% in the Jun 2026 quarter, 0.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 6.6% and 10.5%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.7 percentage points on the year while gross margin changed −2.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY25: 6.6%, within a range of 6.6% to 10.5% over 5 years

  • Operating margin 6.6%
FY25: 6.6%, within a range of 6.6% to 10.5% over 5 years
QuarterOperating margin
FY219.7%
FY229.3%
FY2310.5%
FY2410.3%
FY256.6%

Change on the year before (points)

  • Change on the year before (points) −3.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−0.4 pts
FY23+1.2 pts
FY24−0.2 pts
FY25−3.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 6.7% (−0.7 points on a year earlier)

  • Operating margin 6.7%
Jun 2026: operating margin 6.7% (−0.7 points on a year earlier)
QuarterOperating margin
Sep 202312.6%
Dec 202313.9%
Mar 202412.6%
Jun 20249.5%
Sep 202413.2%
Dec 20248.5%
Mar 20258.5%
Jun 20257.4%
Sep 20257.9%
Dec 20252.4%
Mar 2026−0.4%
Jun 20266.7%

Change on a year earlier (points)

  • Change on a year earlier (points) −0.7 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+2.4 pts
Dec 2023+5.2 pts
Mar 2024+6.2 pts
Jun 2024+1.0 pts
Sep 2024+0.6 pts
Dec 2024−5.4 pts
Mar 2025−4.1 pts
Jun 2025−2.1 pts
Sep 2025−5.3 pts
Dec 2025−6.1 pts
Mar 2026−8.9 pts
Jun 2026−0.7 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Veeco Instruments' profit turning into cash?

Over the last 3 years, 88% of Veeco Instruments Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $69.5 M of operating cash against $35.4 M of profit. After $16.2 M of spending on assets, $53.3 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $69.5 M against profit $35.4 M; 88% of 3 years' profit came in as cash

  • Operating cash $69.5 M
  • Net profit $35.4 M
  • Free cash $53.3 M
FY25: operating cash $69.5 M against profit $35.4 M; 88% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$67.7 M$26.0 M$27.1 M
FY22$108 M$167 M$83.9 M
FY23$61.7 M−$30.4 M$33.7 M
FY24$63.8 M$73.7 M$45.7 M
FY25$69.5 M$35.4 M$53.3 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $51.4 M = 434% of the quarter's profit

  • Operating cash (quarterly) $51.4 M
Jun 2026: operating cash $51.4 M = 434% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$7.1 M
Dec 2023$29.5 M
Mar 2024$9.4 M
Jun 2024$8.5 M
Sep 2024$17.6 M
Dec 2024$28.4 M
Mar 2025$20.0 M
Jun 2025$9.0 M
Sep 2025$15.5 M
Dec 2025$24.9 M
Mar 2026$7.9 M
Jun 2026$51.4 M

Operating cash as % of profit

  • Operating cash as % of profit 434%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 202329%
Dec 2023136%
Mar 202443%
Jun 202457%
Sep 202480%
Dec 2024190%
Mar 2025167%
Jun 202577%
Sep 2025147%
Dec 20252,238%
Mar 2026–
Jun 2026434%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Veeco Instruments' cash go?

Veeco Instruments Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $62.2 M on assets over the last 3 years. Averaged over those years that is 3.1% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $62.2 M over the last 3 years.

FY25: capex $16.2 M, steady spending

  • Capex $16.2 M
FY25: capex $16.2 M, steady spending
QuarterCapex
FY21$40.6 M
FY22$24.6 M
FY23$27.9 M
FY24$18.1 M
FY25$16.2 M
Capital spending each year, $ M.

Jun 2026: capex $3.7 M in the quarter

  • Capex (quarterly) $3.7 M
Jun 2026: capex $3.7 M in the quarter
QuarterCapex (quarterly)
Sep 2023$6.4 M
Dec 2023$10.7 M
Mar 2024$6.0 M
Jun 2024$3.0 M
Sep 2024$4.0 M
Dec 2024$5.2 M
Mar 2025$6.8 M
Jun 2025$3.6 M
Sep 2025$2.6 M
Dec 2025$3.3 M
Mar 2026$5.1 M
Jun 2026$3.7 M

Free cash

  • Free cash $47.7 M
Free cash
QuarterFree cash
Sep 2023$0.7 M
Dec 2023$18.8 M
Mar 2024$3.4 M
Jun 2024$5.5 M
Sep 2024$13.6 M
Dec 2024$23.2 M
Mar 2025$13.2 M
Jun 2025$5.4 M
Sep 2025$13.0 M
Dec 2025$21.7 M
Mar 2026$2.8 M
Jun 2026$47.7 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Veeco Instruments' P/E ratio, and how does it compare with its own history?

Veeco Instruments Inc.'s P/E is 97.0×, near the high end of its own history: higher than 87% of past readings. Its usual P/E (the middle reading) is 28.8×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 97.0× against a usual 28.8×: near the high end of its own history: higher than 87% of past readings

  • P/E 86.3×
  • Median 28.8×
P/E 97.0× against a usual 28.8×: near the high end of its own history: higher than 87% of past readings
WeekP/EMedian
1 Apr 202238.5×28.8×
8 Apr 202236.9×28.8×
14 Apr 202234.5×28.8×
22 Apr 202234.0×28.8×
29 Apr 202233.2×28.8×
6 May 202234.1×28.8×
13 May 202231.8×28.8×
20 May 202230.6×28.8×
27 May 202231.6×28.8×
3 Jun 202231.4×28.8×
10 Jun 202229.9×28.8×
17 Jun 202227.5×28.8×
24 Jun 202229.0×28.8×
1 Jul 202224.0×28.8×
8 Jul 202224.4×28.8×
15 Jul 202224.8×28.8×
22 Jul 202227.5×28.8×
29 Jul 202228.9×28.8×
5 Aug 202229.4×28.8×
12 Aug 202230.9×28.8×
19 Aug 202229.9×28.8×
26 Aug 202230.0×28.8×
2 Sep 202226.2×28.8×
9 Sep 202227.8×28.8×
16 Sep 202226.0×28.8×
23 Sep 202224.7×28.8×
30 Sep 202221.5×28.8×
7 Oct 202221.9×28.8×
14 Oct 202220.1×28.8×
21 Oct 202221.7×28.8×
28 Oct 202221.8×28.8×
4 Nov 202221.1×28.8×
11 Nov 202223.1×28.8×
18 Nov 202223.0×28.8×
25 Nov 202222.8×28.8×
2 Dec 202223.1×28.8×
9 Dec 202222.3×28.8×
16 Dec 202222.7×28.8×
23 Dec 202221.5×28.8×
30 Dec 202221.8×28.8×
6 Jan 20237.15×28.8×
13 Jan 20237.51×28.8×
20 Jan 20237.43×28.8×
27 Jan 20237.40×28.8×
3 Feb 20237.84×28.8×
10 Feb 20237.43×28.8×
17 Feb 20238.02×28.8×
24 Feb 20237.70×28.8×
3 Mar 20238.03×28.8×
10 Mar 20237.69×28.8×
17 Mar 20237.71×28.8×
24 Mar 20237.66×28.8×
31 Mar 20238.03×28.8×
6 Apr 20237.47×28.8×
14 Apr 20237.45×28.8×
21 Apr 20237.19×28.8×
28 Apr 20237.00×28.8×
5 May 20237.05×28.8×
12 May 20237.89×28.8×
19 May 20238.67×28.8×
26 May 20239.34×28.8×
2 Jun 20239.53×28.8×
9 Jun 20239.55×28.8×
16 Jun 20239.43×28.8×
23 Jun 20239.20×28.8×
30 Jun 202330.8×28.8×
7 Jul 202329.0×28.8×
14 Jul 202330.8×28.8×
21 Jul 202331.6×28.8×
28 Jul 202333.0×28.8×
4 Aug 202333.8×28.8×
11 Aug 202335.9×28.8×
18 Aug 202333.8×28.8×
25 Aug 202333.6×28.8×
1 Sep 202335.9×28.8×
8 Sep 202333.8×28.8×
15 Sep 202331.9×28.8×
22 Sep 202331.7×28.8×
29 Sep 202333.7×28.8×
6 Oct 202327.8×28.8×
13 Oct 202328.0×28.8×
20 Oct 202325.5×28.8×
27 Oct 202324.5×28.8×
3 Nov 202325.7×28.8×
10 Nov 202328.2×28.8×
17 Nov 202328.8×28.8×
24 Nov 202329.4×28.8×
1 Dec 202329.1×28.8×
8 Dec 202328.8×28.8×
15 Dec 202331.4×28.8×
22 Dec 202331.9×28.8×
29 Dec 202331.5×28.8×
5 Jan 202429.0×28.8×
12 Jan 202428.8×28.8×
19 Jan 202433.0×28.8×
26 Jan 202432.9×28.8×
2 Feb 202433.0×28.8×
9 Feb 202434.7×28.8×
16 Feb 202436.0×28.8×
23 Feb 202435.6×28.8×
1 Mar 202437.5×28.8×
8 Mar 202436.4×28.8×
15 Mar 202434.3×28.8×
22 Mar 202435.8×28.8×
28 Mar 202435.7×28.8×
5 Apr 202435.3×28.8×
12 Apr 202436.6×28.8×
19 Apr 202433.1×28.8×
26 Apr 202435.7×28.8×
3 May 202436.9×28.8×
5 Jul 202434.0×28.8×
12 Jul 202433.7×28.8×
19 Jul 202428.6×28.8×
26 Jul 202428.1×28.8×
2 Aug 202425.1×28.8×
9 Aug 202426.0×28.8×
16 Aug 202427.4×28.8×
23 Aug 202427.1×28.8×
30 Aug 202425.3×28.8×
6 Sep 202421.2×28.8×
13 Sep 202422.3×28.8×
20 Sep 202422.5×28.8×
27 Sep 202423.9×28.8×
4 Oct 202424.5×28.8×
11 Oct 202424.9×28.8×
18 Oct 202422.8×28.8×
25 Oct 202421.8×28.8×
1 Nov 202421.5×28.8×
8 Nov 202421.4×28.8×
15 Nov 202419.7×28.8×
22 Nov 202420.4×28.8×
29 Nov 202420.8×28.8×
6 Dec 202420.7×28.8×
13 Dec 202420.7×28.8×
20 Dec 202420.0×28.8×
27 Dec 202420.6×28.8×
3 Jan 202522.1×28.8×
10 Jan 202521.7×28.8×
17 Jan 202522.3×28.8×
24 Jan 202521.0×28.8×
31 Jan 202520.6×28.8×
7 Feb 202519.8×28.8×
14 Feb 202520.0×28.8×
21 Feb 202520.1×28.8×
28 Feb 202518.1×28.8×
7 Mar 202517.2×28.8×
14 Mar 202517.4×28.8×
21 Mar 202517.2×28.8×
28 Mar 202516.5×28.8×
4 Apr 202516.9×28.8×
11 Apr 202517.9×28.8×
17 Apr 202516.9×28.8×
25 Apr 202518.2×28.8×
2 May 202518.5×28.8×
9 May 202518.1×28.8×
16 May 202519.3×28.8×
23 May 202518.1×28.8×
30 May 202518.1×28.8×
6 Jun 202519.3×28.8×
13 Jun 202519.2×28.8×
20 Jun 202518.5×28.8×
27 Jun 202519.3×28.8×
3 Jul 202521.1×28.8×
11 Jul 202520.9×28.8×
18 Jul 202521.1×28.8×
25 Jul 202520.5×28.8×
1 Aug 202520.2×28.8×
8 Aug 202523.3×28.8×
15 Aug 202523.5×28.8×
22 Aug 202524.9×28.8×
29 Aug 202524.2×28.8×
5 Sep 202524.2×28.8×
12 Sep 202525.0×28.8×
19 Sep 202528.2×28.8×
26 Sep 202529.5×28.8×
3 Oct 202538.3×28.8×
10 Oct 202533.7×28.8×
17 Oct 202535.4×28.8×
24 Oct 202535.5×28.8×
31 Oct 202534.9×28.8×
7 Nov 202536.9×28.8×
14 Nov 202535.4×28.8×
21 Nov 202533.2×28.8×
28 Nov 202535.4×28.8×
5 Dec 202538.9×28.8×
12 Dec 202537.1×28.8×
19 Dec 202535.5×28.8×
26 Dec 202535.5×28.8×
2 Jan 202651.9×28.8×
9 Jan 202656.3×28.8×
16 Jan 202656.1×28.8×
23 Jan 202655.0×28.8×
30 Jan 202653.1×28.8×
6 Feb 202652.2×28.8×
13 Feb 202657.2×28.8×
20 Feb 202649.9×28.8×
27 Feb 202652.0×28.8×
6 Mar 202651.5×28.8×
13 Mar 202652.6×28.8×
20 Mar 202652.1×28.8×
27 Mar 202660.0×28.8×
2 Apr 202686.3×28.8×
10 Apr 202686.3×28.8×
17 Apr 202686.3×28.8×
24 Apr 202686.3×28.8×
1 May 202686.3×28.8×
8 May 202686.3×28.8×
15 May 202686.3×28.8×
22 May 202686.3×28.8×
29 May 202686.3×28.8×
5 Jun 202686.3×28.8×
12 Jun 202686.3×28.8×
18 Jun 202686.3×28.8×
26 Jun 202686.3×28.8×
2 Jul 202686.3×28.8×
10 Jul 202686.3×28.8×
17 Jul 202686.3×28.8×
24 Jul 202686.3×28.8×
31 Jul 202686.3×28.8×
7 Aug 202686.3×28.8×
14 Aug 202686.3×28.8×
21 Aug 202686.3×28.8×
28 Aug 202686.3×28.8×
4 Sep 202686.3×28.8×
11 Sep 202686.3×28.8×
18 Sep 202686.3×28.8×
25 Sep 202686.3×28.8×
2 Oct 202686.3×28.8×
9 Oct 202686.3×28.8×
16 Oct 202686.3×28.8×
23 Oct 202686.3×28.8×
30 Oct 202686.3×28.8×
4 Nov 202686.3×28.8×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.36
Earnings per share, 12 months
WeekEarnings per share, 12 months
1 Apr 2022–
8 Apr 2022–
14 Apr 2022–
22 Apr 2022–
29 Apr 2022–
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$0.69
1 Jul 2022$0.69
8 Jul 2022$0.69
15 Jul 2022$0.69
22 Jul 2022$0.69
29 Jul 2022$0.69
5 Aug 2022$0.69
12 Aug 2022$0.69
19 Aug 2022$0.69
26 Aug 2022$0.69
2 Sep 2022$0.69
9 Sep 2022$0.69
16 Sep 2022$0.69
23 Sep 2022$0.69
30 Sep 2022$0.85
7 Oct 2022$0.85
14 Oct 2022$0.85
21 Oct 2022$0.85
28 Oct 2022$0.85
4 Nov 2022$0.85
11 Nov 2022$0.85
18 Nov 2022$0.85
25 Nov 2022$0.85
2 Dec 2022$0.85
9 Dec 2022$0.85
16 Dec 2022$0.85
23 Dec 2022$0.85
30 Dec 2022$0.85
6 Jan 2023$0.85
13 Jan 2023$0.85
20 Jan 2023$0.85
27 Jan 2023$0.85
3 Feb 2023$0.85
10 Feb 2023$0.85
17 Feb 2023$0.85
24 Feb 2023$0.85
3 Mar 2023$0.85
10 Mar 2023$0.85
17 Mar 2023$0.85
24 Mar 2023$0.85
31 Mar 2023$2.63
6 Apr 2023$2.63
14 Apr 2023$2.63
21 Apr 2023$2.63
28 Apr 2023$2.63
5 May 2023$2.63
12 May 2023$2.63
19 May 2023$2.63
26 May 2023$2.63
2 Jun 2023$2.63
9 Jun 2023$2.63
16 Jun 2023$2.63
23 Jun 2023$2.63
30 Jun 2023$0.83
7 Jul 2023$0.83
14 Jul 2023$0.83
21 Jul 2023$0.83
28 Jul 2023$0.83
4 Aug 2023$0.83
11 Aug 2023$0.83
18 Aug 2023$0.83
25 Aug 2023$0.83
1 Sep 2023$0.83
8 Sep 2023$0.83
15 Sep 2023$0.83
22 Sep 2023$0.83
29 Sep 2023$0.83
6 Oct 2023$0.83
13 Oct 2023$0.83
20 Oct 2023$0.83
27 Oct 2023$0.83
3 Nov 2023$0.83
10 Nov 2023$0.83
17 Nov 2023$0.83
24 Nov 2023$0.83
1 Dec 2023$0.83
8 Dec 2023$0.83
15 Dec 2023$0.83
22 Dec 2023$0.83
29 Dec 2023$0.98
5 Jan 2024$0.98
12 Jan 2024$0.98
19 Jan 2024$0.98
26 Jan 2024$0.98
2 Feb 2024$0.98
9 Feb 2024$0.98
16 Feb 2024$0.98
23 Feb 2024$0.98
1 Mar 2024$0.98
8 Mar 2024$0.98
15 Mar 2024$0.98
22 Mar 2024$0.98
28 Mar 2024$0.98
5 Apr 2024$0.98
12 Apr 2024$0.98
19 Apr 2024$0.98
26 Apr 2024$0.98
3 May 2024$0.98
5 Jul 2024$0.98
12 Jul 2024$0.98
19 Jul 2024$0.98
26 Jul 2024$0.98
2 Aug 2024$0.98
9 Aug 2024$0.98
16 Aug 2024$0.98
23 Aug 2024$0.98
30 Aug 2024$0.98
6 Sep 2024$0.98
13 Sep 2024$0.98
20 Sep 2024$0.98
27 Sep 2024$1.40
4 Oct 2024$1.40
11 Oct 2024$1.40
18 Oct 2024$1.40
25 Oct 2024$1.40
1 Nov 2024$1.40
8 Nov 2024$1.40
15 Nov 2024$1.40
22 Nov 2024$1.40
29 Nov 2024$1.40
6 Dec 2024$1.40
13 Dec 2024$1.40
20 Dec 2024$1.40
27 Dec 2024$1.34
3 Jan 2025$1.34
10 Jan 2025$1.34
17 Jan 2025$1.34
24 Jan 2025$1.34
31 Jan 2025$1.34
7 Feb 2025$1.34
14 Feb 2025$1.34
21 Feb 2025$1.34
28 Feb 2025$1.34
7 Mar 2025$1.34
14 Mar 2025$1.34
21 Mar 2025$1.34
28 Mar 2025$1.23
4 Apr 2025$1.23
11 Apr 2025$1.23
17 Apr 2025$1.23
25 Apr 2025$1.23
2 May 2025$1.23
9 May 2025$1.23
16 May 2025$1.23
23 May 2025$1.23
30 May 2025$1.23
6 Jun 2025$1.23
13 Jun 2025$1.23
20 Jun 2025$1.23
27 Jun 2025$1.06
3 Jul 2025$1.06
11 Jul 2025$1.06
18 Jul 2025$1.06
25 Jul 2025$1.06
1 Aug 2025$1.06
8 Aug 2025$1.06
15 Aug 2025$1.06
22 Aug 2025$1.06
29 Aug 2025$1.06
5 Sep 2025$1.06
12 Sep 2025$1.06
19 Sep 2025$1.06
26 Sep 2025$1.01
3 Oct 2025$1.01
10 Oct 2025$1.01
17 Oct 2025$1.01
24 Oct 2025$1.01
31 Oct 2025$1.01
7 Nov 2025$1.01
14 Nov 2025$1.01
21 Nov 2025$1.01
28 Nov 2025$1.01
5 Dec 2025$1.01
12 Dec 2025$1.01
19 Dec 2025$1.01
26 Dec 2025$0.82
2 Jan 2026$0.82
9 Jan 2026$0.82
16 Jan 2026$0.82
23 Jan 2026$0.82
30 Jan 2026$0.82
6 Feb 2026$0.82
13 Feb 2026$0.82
20 Feb 2026$0.82
27 Feb 2026$0.82
6 Mar 2026$0.82
13 Mar 2026$0.82
20 Mar 2026$0.82
27 Mar 2026$0.59
2 Apr 2026$0.59
10 Apr 2026$0.59
17 Apr 2026$0.59
24 Apr 2026$0.59
1 May 2026$0.59
8 May 2026$0.59
15 May 2026$0.59
22 May 2026$0.59
29 May 2026$0.59
5 Jun 2026$0.59
12 Jun 2026$0.59
18 Jun 2026$0.59
26 Jun 2026$0.38
2 Jul 2026$0.38
10 Jul 2026$0.38
17 Jul 2026$0.38
24 Jul 2026$0.38
31 Jul 2026$0.38
7 Aug 2026$0.38
14 Aug 2026$0.38
21 Aug 2026$0.38
28 Aug 2026$0.38
4 Sep 2026$0.38
11 Sep 2026$0.38
18 Sep 2026$0.38
25 Sep 2026$0.36
2 Oct 2026$0.36
9 Oct 2026$0.36
16 Oct 2026$0.36
23 Oct 2026$0.36
30 Oct 2026$0.36
4 Nov 2026$0.36
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.6 years of history; short peaks above 86× are drawn at the top edge.

PEG 0.68 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.68×
  • PEG = 1.0 1.00×
PEG 0.68 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20210.68×1.00×
Dec 20210.68×1.00×
Mar 20220.68×1.00×
Jun 20220.68×1.00×
Sep 20220.68×1.00×
Dec 20220.68×1.00×
Mar 20230.68×1.00×
Jun 20230.68×1.00×
Sep 20230.68×1.00×
Dec 20230.68×1.00×
Mar 20240.68×1.00×
Jun 20240.68×1.00×
Sep 20240.68×1.00×
Dec 20240.68×1.00×
Mar 20250.68×1.00×
Jun 20250.68×1.00×
Sep 20250.68×1.00×
Dec 20250.68×1.00×
Mar 20260.68×1.00×
Jun 20260.68×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
97.0×P/E · higher than 87% of its last 4.6 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −52.0% while the price moved +18.4%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +12.4% a year; about −28.6% a year came from earnings growth and about +41.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Veeco Instruments business getting better or worse?

Veeco Instruments Inc.'s business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −2.5% in the latest quarter, against +9.7% at its best in 12 quarters, with ROCE falling at 2.6%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −7.4% in FY25, profit −52.0%

  • Revenue growth −7.4%
Growth year by year: revenue −7.4% in FY25, profit −52.0%
QuarterRevenue growth
FY21–
FY2210.8%
FY233.1%
FY247.6%
FY25−7.4%

Profit growth, EPS growth

  • Profit growth −52%
  • EPS growth −52%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22300%300%
FY23−118.2%−120.8%
FY24––
FY25−52%−52%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue −2.5%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 20230.2%
Dec 20233.1%
Mar 20246.9%
Jun 20249.5%
Sep 20249.7%
Dec 20247.6%
Mar 20253.3%
Jun 2025−0.2%
Sep 2025−3.9%
Dec 2025−7.4%
Mar 2026−7.7%
Jun 2026−2.5%

Profit, EPS

  • Profit −61.6%
  • EPS −64.7%
Profit, EPS
QuarterProfitEPS
Sep 202366.4%15.5%
Dec 2023−118.2%−124.4%
Mar 2024−110.6%−117.4%
Jun 202423.2%68%
Sep 20244.5%36%
Dec 2024––
Mar 2025––
Jun 2025−27%−27.7%
Sep 2025−38.7%−38.4%
Dec 2025−52%−52.3%
Mar 2026−63.8%−64.8%
Jun 2026−61.6%−64.7%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 2.6%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 20248.6%
Sep 20248.6%
Dec 20247.6%
Mar 20256.7%
Jun 20256.2%
Sep 20255%
Dec 20254%
Mar 20262.6%
Jun 20262.6%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest −2.5%, range −7.7% to +9.7%
FallingProfit growth · latest −61.6%, range −118.2% to +66.4%
FallingEPS growth · latest −64.7%, range −124.4% to +68.0%
FallingROCE · latest 2.6%, range 2.6% to 8.6%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−7.4%+0.9%——
Profit−52.0%−40.4%——
EPS−52.0%−39.8%——
Stock price+18.4%+12.4%+5.7%+4.1%
+16.5%Revenue growth (Jun 2026) · latest quarter against a year ago
+1.1%Profit growth (Jun 2026) · latest quarter against a year ago
3.3%Revenue, 4 years · yearly growth over the long run

How much does Veeco Instruments earn on its capital?

Veeco Instruments Inc. earned a ROE of 4% in FY25. That is up from a low of −5% in FY23. Its return on capital used (ROIC) is 7.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a 5.3% net margin and 0.50× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a 5.3% net margin × 0.50× asset turnover × 1.50× leverage (assets divided by equity) ≈ 4.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 3.9% − 11.1% = −7.2 percentage points. The 11.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 3.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 5.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 4%, the climb back from FY23's −5%

  • ROE 4%
  • ROIC (annual) 5.2%
  • Cost of capital 11.1%
FY25: ROE 4%, the climb back from FY23's −5%
QuarterROEROIC (annual)Cost of capital
FY215.9%12.6%11.1%
FY2228.9%11.3%11.1%
FY23−4.5%11.1%11.1%
FY249.6%10.4%11.1%
FY254%5.2%11.1%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 11.1% cost of capital used on this page.

Jun 2026: ROIC 3.4% (last 12 months) against a 11.1% cost of capital

  • ROIC (12 months) 3.4%
  • ROE (12 months) −0.1%
  • Cost of capital 11.1%
Jun 2026: ROIC 3.4% (last 12 months) against a 11.1% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20239.8%−57%11.1%
Dec 20239.7%15.6%11.1%
Mar 202410.4%13.1%11.1%
Jun 202411.9%12.9%11.1%
Sep 202411.8%8.5%11.1%
Dec 202411.4%12%11.1%
Mar 202510.3%7.9%11.1%
Jun 20258.7%6%11.1%
Sep 20258.1%5.6%11.1%
Dec 20256.6%4.9%11.1%
Mar 20265%0.5%11.1%
Jun 20263.4%−0.1%11.1%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Veeco Instruments have too much debt?

Veeco Instruments Inc. has total debt of $261 M against shareholder equity of $903 M as of Jun 2026, so its debt is 0.29× its equity, which is very little. Year by year, that ratio went from 0.61 in FY21 to 0.30 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $262 M, 0.30× equity

  • Total debt $262 M
FY25: debt $262 M, 0.30× equity
QuarterTotal debt
FY21$267 M
FY22$312 M
FY23$310 M
FY24$314 M
FY25$262 M

Debt-to-equity

  • Debt-to-equity 0.30×
Debt-to-equity
QuarterDebt-to-equity
FY210.61×
FY220.54×
FY230.46×
FY240.41×
FY250.30×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $261 M, debt-to-equity 0.29

  • Total debt (quarterly) $261 M
Jun 2026: debt $261 M, debt-to-equity 0.29
QuarterTotal debt (quarterly)
Sep 2023$311 M
Dec 2023$310 M
Mar 2024$310 M
Jun 2024$314 M
Sep 2024$314 M
Dec 2024$314 M
Mar 2025$287 M
Jun 2025$263 M
Sep 2025$262 M
Dec 2025$262 M
Mar 2026$261 M
Jun 2026$261 M

Debt-to-equity

  • Debt-to-equity 0.29×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.48×
Dec 20230.46×
Mar 20240.45×
Jun 20240.44×
Sep 20240.42×
Dec 20240.41×
Mar 20250.35×
Jun 20250.31×
Sep 20250.30×
Dec 20250.30×
Mar 20260.30×
Jun 20260.29×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Veeco Instruments shareholding pattern?

9.6% of Veeco Instruments Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 8.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

9.6%Short interest · of the tradable float
8.3Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Veeco Instruments from balance-sheet trouble?

For Veeco Instruments Inc., the Z-score is 3.25. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 3.25 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Veeco Instruments rank in its industry?

37.7 out of 100, rank 23 of 29 in Semiconductor Equipment & Materials, with 81% of the evidence available.

Veeco Instruments Inc. scores 37.7 out of 100 against the 29 companies it is compared with in Semiconductor Equipment & Materials, ranking 23. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

The four parts add up to the total exactly: 7.4 + 8.6 + 13.2 + 8.5 = 37.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Veeco Instruments compared with?

Veeco Instruments ranks 23 of 29 Semiconductor Equipment & Materials companies on the 4-Factor Sector Score, with 37.7 out of 100.

  1. 1ASML Holding N.V.ASML · quiet · Most evidence points up · 85% evidence76.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.6/35 · Revenue 22.5% · Profit 42.4% · Operating margin change 11.6 points · 95% evidenceCapital efficiency 21.0/25 · ROCE 44.7% · Operating margin 44.4% · 76% evidenceValuation 13.2/20 · P/E 43.3× · PEG 0.97 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 8.1% · Lead over S&P 500 -6.1% · 1 year 47.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 25.6 + 21 + 13.2 + 16.4 = 76.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Lam Research CorporationLRCX · quiet · Most evidence points up · 85% evidence71.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.2/35 · Revenue 33.4% · Profit 45.4% · Operating margin change 5.6 points · 95% evidenceCapital efficiency 21.4/25 · ROCE 50.7% · Operating margin 40% · 76% evidenceValuation 13.0/20 · P/E 46.7× · PEG 0.97 · 65% evidenceRelative strength 8.2/20 · Lead over its industry -6% · Lead over S&P 500 -20% · 1 year 39% · 100% evidence · 0 of 12 weeks aheadExact sum: 29.2 + 21.4 + 13 + 8.2 = 71.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Teradyne, Inc.TER · losing its lead · Most evidence points up · 81% evidence67.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.0/35 · Revenue 57.8% · Profit 100% · Operating margin change 18.9 points · 83% evidenceCapital efficiency 20.4/25 · ROCE 36.7% · Operating margin 33.2% · 76% evidenceValuation 11.8/20 · P/E 59.5× · PEG 1.03 · 65% evidenceRelative strength 4.5/20 · Lead over its industry -12% · Lead over S&P 500 -25.4% · 1 year 37.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 31 + 20.4 + 11.8 + 4.5 = 67.7 · What this means: Earnings are strong; relative strength in its sector is -12% and the one-year return is 37.8%.
  4. 4KLA CorporationKLAC · quiet · Evidence leans up · 85% evidence63.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.3/35 · Revenue 15.8% · Profit 24.1% · Operating margin change 3.3 points · 95% evidenceCapital efficiency 21.1/25 · ROCE 44.7% · Operating margin 45% · 76% evidenceValuation 8.7/20 · P/E 48.4× · PEG 1.91 · 65% evidenceRelative strength 11.1/20 · Lead over its industry -3.7% · Lead over S&P 500 -17.2% · 1 year 25.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.3 + 21.1 + 8.7 + 11.1 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Kulicke and Soffa Industries, Inc.KLIC · quiet · Evidence leans up · 64% evidence60.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Revenue 44.8% · Profit 100% · Operating margin change 20 points · 62% evidenceCapital efficiency 14.3/25 · ROCE 12.5% · Operating margin 20.7% · 76% evidenceValuation 10.1/20 · P/E 54.9× · PEG — · 15% evidenceRelative strength 11.5/20 · Lead over its industry -2.2% · Lead over S&P 500 -17.8% · 1 year 78.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 14.3 + 10.1 + 11.5 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Applied Materials, Inc.AMAT · quiet · Evidence leans up · 85% evidence58.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.8/35 · Revenue 7.8% · Profit 35.6% · Operating margin change 3.1 points · 95% evidenceCapital efficiency 20.1/25 · ROCE 29% · Operating margin 33.7% · 76% evidenceValuation 11.4/20 · P/E 45.9× · PEG 1.21 · 65% evidenceRelative strength 9.9/20 · Lead over its industry 0.7% · Lead over S&P 500 -14.5% · 1 year 60.5% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.8 + 20.1 + 11.4 + 9.9 = 58.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Cohu, Inc.COHU · losing its lead · Evidence leans up · 64% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 32.5% · Profit — · Operating margin change 15.4 points · 62% evidenceCapital efficiency 4.8/25 · ROCE -2.9% · Operating margin 0.6% · 76% evidenceValuation 10.8/20 · P/E 27.1× · PEG — · 15% evidenceRelative strength 16.7/20 · Lead over its industry 16.7% · Lead over S&P 500 -2.3% · 1 year 83.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 23.4 + 4.8 + 10.8 + 16.7 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8FormFactor, Inc.FORM · losing its lead · Evidence leans up · 81% evidence55.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.3/35 · Revenue 18.1% · Profit 100% · Operating margin change 17.8 points · 83% evidenceCapital efficiency 15.8/25 · ROCE 12.7% · Operating margin 24.1% · 76% evidenceValuation 4.6/20 · P/E 88.3× · PEG 4.6 · 65% evidenceRelative strength 6.6/20 · Lead over its industry -6.7% · Lead over S&P 500 -21.7% · 1 year 63.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 28.3 + 15.8 + 4.6 + 6.6 = 55.3 · What this means: Earnings are strong; relative strength in its sector is -6.7% and the one-year return is 63.1%.
  9. 9Amkor Technology, Inc.AMKR · quiet · Evidence leans up · 81% evidence54.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.8/35 · Revenue 17.9% · Profit 82.9% · Operating margin change 4.4 points · 83% evidenceCapital efficiency 12.4/25 · ROCE 8.5% · Operating margin 10.5% · 76% evidenceValuation 14.8/20 · P/E 38.5× · PEG 0.68 · 65% evidenceRelative strength 2.8/20 · Lead over its industry -27% · Lead over S&P 500 -37.5% · 1 year 2.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.8 + 12.4 + 14.8 + 2.8 = 54.8 · What this means: Earnings are strong; relative strength in its sector is -27% and the one-year return is 2.5%.
  10. 10Photronics, Inc.PLAB · quiet · Evidence leans up · 85% evidence53.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.2/35 · Revenue 1.3% · Profit 51.4% · Operating margin change -1.8 points · 95% evidenceCapital efficiency 15.2/25 · ROCE 10.9% · Operating margin 21.1% · 76% evidenceValuation 16.0/20 · P/E 10.8× · PEG 0.43 · 65% evidenceRelative strength 8.5/20 · Lead over its industry -14.7% · Lead over S&P 500 -24.7% · 1 year 26.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 14.2 + 15.2 + 16 + 8.5 = 53.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  11. 11Qnity Electronics, Inc.Q · quiet · Evidence leans up · 65% evidence53.2out of 100GrowthCapitalValuationRelative
  12. 12Entegris, Inc.ENTG · losing its lead · Evidence leans up · 81% evidence52.9out of 100GrowthCapitalValuationRelative
  13. 13InTest CorporationINTT · turning · Evidence leans up · 64% evidence52.5out of 100GrowthCapitalValuationRelative
  14. 14AXT, Inc.AXTI · losing its lead · Evidence leans up · 64% evidence51.0out of 100GrowthCapitalValuationRelative
  15. 15IPG Photonics CorporationIPGP · basing · Evidence leans down · 74% evidence49.3out of 100GrowthCapitalValuationRelative
  16. 16Ambarella, Inc.AMBA · quiet · Evidence leans down · 67% evidence49.3out of 100GrowthCapitalValuationRelative
  17. 17Amtech Systems, Inc.ASYS · quiet · Evidence leans down · 64% evidence44.8out of 100GrowthCapitalValuationRelative
  18. 18Nova Ltd.NVMI · basing · Evidence leans down · 81% evidence44.4out of 100GrowthCapitalValuationRelative
  19. 19Onto Innovation Inc.ONTO · quiet · Too little evidence to rank firmly · 56% evidence41.0out of 100GrowthCapitalValuationRelative
  20. 20Aehr Test Systems, Inc.AEHR · losing its lead · Evidence leans down · 64% evidence40.6out of 100GrowthCapitalValuationRelative
  21. 21ACM Research, Inc.ACMR · quiet · Evidence leans down · 81% evidence39.5out of 100GrowthCapitalValuationRelative
  22. 22Camtek Ltd.CAMT · quiet · Evidence leans down · 81% evidence38.5out of 100GrowthCapitalValuationRelative
  23. 23Veeco Instruments Inc. this pageVECO · quiet · Evidence leans down · 81% evidence37.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 7.4/35 · Revenue -2.6% · Profit -60.7% · Operating margin change -0.7 points · 83% evidenceCapital efficiency 8.6/25 · ROCE 2.5% · Operating margin 6.7% · 76% evidenceValuation 13.2/20 · P/E 199× · PEG 0.66 · 65% evidenceRelative strength 8.5/20 · Lead over its industry -7.9% · Lead over S&P 500 -22.1% · 1 year 18.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 7.4 + 8.6 + 13.2 + 8.5 = 37.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  24. 24Axcelis Technologies, Inc.ACLS · quiet · Evidence leans down · 81% evidence37.3out of 100GrowthCapitalValuationRelative
  25. 25Ichor Holdings, Ltd.ICHR · quiet · Most evidence points down · 64% evidence34.7out of 100GrowthCapitalValuationRelative
  26. 26Daqo New Energy Corp.DQ · quiet · Most evidence points down · 64% evidence34.3out of 100GrowthCapitalValuationRelative
  27. 27Ultra Clean Holdings, Inc.UCTT · quiet · Most evidence points down · 64% evidence34.1out of 100GrowthCapitalValuationRelative
  28. 28Trio-Tech InternationalTRT · Too little evidence to rank firmly · 0% evidence50.0out of 100GrowthCapitalValuationRelative
  29. 29Atomera IncorporatedATOM · quiet · Too little evidence to rank firmly · 49% evidence38.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Semiconductor Equipment & Materials, all 29 compared on one page.

Which companies are close to Veeco Instruments in size?

Veeco Instruments is the 19th largest of 26 Semiconductor Equipment & Materials companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: IPG Photonics Corporation, Axcelis Technologies, Inc. and Ambarella, Inc. Just below it: Ultra Clean Holdings, Inc., Cohu, Inc. and Aehr Test Systems, Inc.

Semiconductor Equipment & Materials companies close in size

  1. IPG Photonics Corporation $3 billion
  2. Axcelis Technologies, Inc. $2.8 billion
  3. Ambarella, Inc. $2.7 billion
  4. Veeco Instruments Inc. $2.2 billion
  5. Ultra Clean Holdings, Inc. $2.1 billion
  6. Cohu, Inc. $2.1 billion
  7. Aehr Test Systems, Inc. $2 billion

All 26 Semiconductor Equipment & Materials companies, largest first

Companies close in size in other industries

  1. NuScale Power Corporation $2.2 billion · Specialty Industrial Machinery
  2. Lindblad Expeditions Holdings, Inc. $2.2 billion · Travel Services
  3. Veeco Instruments Inc. $2.2 billion
  4. Perrigo Company plc $2.2 billion · Drug Manufacturers - Specialty & Generic
  5. Zymeworks Inc. $2.2 billion · Biotechnology

What else do people ask about Veeco Instruments?

What were Veeco Instruments's latest quarterly results?

Veeco Instruments Inc. reported revenue of $193 M and net profit of $11.9 M for the Jun 2026 quarter. Revenue rose 16.5% and profit rose 1.1% compared with a year earlier. Earnings per share were $0.18.

The operating margin was 6.7%, 0.7 percentage points lower than a year earlier (as of 4 November 2026).

What is Veeco Instruments's market cap?

Veeco Instruments Inc.'s market capitalisation is $2.2 B at a stock price of $36.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Veeco Instruments performing?

Veeco Instruments Inc.'s share price has been moving sideways for 4 weeks. In its latest quarter, revenue rose 16.5% and profit rose 1.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 16 weeks running (as of 4 November 2026).

Will Veeco Instruments's stock price go up?

This page does not forecast Veeco Instruments Inc.'s stock price. What it shows instead: the stock price is $36.00, and it has been moving sideways for 4 weeks. Its P/E of 97.0× is higher than 87% of its own last 5 years (as of 4 November 2026).

Where is Veeco Instruments in its business cycle?

Veeco Instruments Inc.'s FY25 operating margin was 6.6%, against a 5-year range of 6.6% to 10.5%: the low end of its own range, which is often where recoveries start. The latest quarter was 6.7%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Veeco Instruments story?

The main question: the share price moved +18.4% in a year while yearly earnings per share moved −52.0%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Veeco Instruments a stock worth studying right now?

What the numbers show: Veeco Instruments Inc.'s share price has risen faster than its earnings: +18.4% in a year, against −52.0% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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