VeecoVECO
About: Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.
Employees: 1,215
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
39% more call options, than puts
Call options by funds: $8.94M | Put options by funds: $6.42M
27% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 77
3% less funds holding
Funds holding: 261 [Q2] → 252 (-9) [Q3]
4.29% less ownership
Funds ownership: 108.41% [Q2] → 104.13% (-4.29%) [Q3]
16% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 57
32% less capital invested
Capital invested by funds: $2.86B [Q2] → $1.96B (-$906M) [Q3]
80% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 1 (-4) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Oppenheimer Rick Schafer 50% 1-year accuracy 14 / 28 met price target | 49%upside $40 | Outperform Maintained | 7 Nov 2024 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 81 met price target | 12%upside $30 | Neutral Maintained | 7 Nov 2024 |
Benchmark Mark Miller 33% 1-year accuracy 13 / 39 met price target | 42%upside $38 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
