BN · rank #18 · 2026-09-10
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. | +37.0% |
| 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 laser processing equipment used in semiconductor, data storage, and compound semiconductor manufacturing.
Rationale
Veeco's 80% data storage and 45% compound semiconductor revenue surges, raised FY2026 guidance to $780–810M, and a 46% EPS beat confirm it is a genuine bottleneck supplier in AI-driven HDD and advanced packaging workflows, validating the solver thesis.
Material risks
- 1Veeco's data storage surge is heavily tied to heat-assisted magnetic recording (HAMR) adoption at a handful of HDD makers; if HAMR ramp slows or a key customer (e.g., Seagate) internalizes ion beam deposition capability, the bottleneck position collapses.
- 2Debt-to-FCF of 3.0x leaves limited cushion if the current equipment upcycle turns, as thin 4.9% net margins mean modest revenue misses translate quickly into FCF deterioration and covenant pressure.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.