BN · rank #13 · 2026-10-23
VECO
NASDAQ · $2.51B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | 0.24 |
|---|---|
| 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. | +49.0% |
| Last EPS surprise Most recent reported EPS versus consensus. | +46% |
| Market cap (USD) | $2.51B |
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 manufactures semiconductor process equipment—including MOCVD, ion-beam deposition, and single-wafer etch systems—used in advanced chip fabrication, silicon photonics, and optical transceiver production.
Rationale
Strong forward revenue growth of 31.92% and a 46.15% EPS surprise are backed by over $250M in 2026–2027 orders for equipment critical to resolving 800G/1.6T optical transceiver manufacturing bottlenecks.
Material risks
- 1Key photonics customers could adopt alternative optical architectures or develop in-house epitaxy and coating capabilities, bypassing Veeco's MOCVD and ion-beam systems.
- 2Exposure to U.S.-China export controls and potential Chinese regulatory delays or rejection regarding the pending Axcelis merger.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.