BN · rank #16 · 2026-09-08
VECO
NASDAQ · $2.73B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 0.27 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +31.9% |
| Forward net margin Consensus forward net margin. | +4.9% |
| Net margin TTM Trailing twelve month net margin. | +3.4% |
| Margin expansion Forward minus trailing net margin (percentage points). | +1.5% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 0.81 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 3.02× |
| Analyst upside Spread between the consensus 12m target and the current price. | +37.3% |
| Last EPS surprise Most recent reported EPS versus consensus. | +46% |
| Market cap (USD) | $2.73B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Veeco Instruments designs and manufactures advanced deposition and processing equipment used in semiconductor, data storage, and compound semiconductor manufacturing.
Rationale
Veeco's 80% data storage and 45% compound semiconductor revenue surges confirm it is a genuine bottleneck-solver in AI-driven advanced packaging and memory supply chains, with a raised FY2026 guide of $780–$810M and a 46% EPS beat validating the structural demand thesis.
Material risks
- 1Veeco serves a concentrated customer base in niche capital equipment niches where a single large customer internalizing wet processing or laser annealing capability could rapidly erode sole-supplier positioning.
- 2Debt-to-FCF of 3.0x leaves limited cushion if the current upcycle compresses faster than expected, as semiconductor equipment spending is notoriously cyclical and forward net margins remain thin at ~5%.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.