Veeco (VECO) Moves 8.8% Higher: Will This Strength Last?
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Veeco (VECO) Moves 8.8% Higher: Will This Strength Last? March 25, 2026 — 06:33 am EDT Written by Zacks Equity Research for Zacks-> Veeco Instruments VECO shares soared 8.8% in the last trading session to close at $34.39. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10% gain over the past four weeks.Veeco Instruments benefits mainly from AI-driven semiconductor demand, advanced packaging growth, memory expansion and next-gen technologies like EUV and HAMR.This precision manufacturing equipment maker is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of -46%. Revenues are expected to be $160 million, down 4.4% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For Veeco, the consensus EPS estimate for the quarter has been revised 73.3% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on VECO going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Veeco is part of the Zacks Electronics - Manufacturing Machinery industry. Kulicke and Soffa KLIC, another stock in the same industry, closed the last trading session 4.2% higher at $68.04. KLIC has returned -5.5% in the past month.For Kulicke and Soffa, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.67. This represents a change of +228.9% from what the company reported a year ago. Kulicke and Soffa currently has a Zacks Rank of #1 (Strong Buy).
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Tags Stocks Zacks Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com. More articles by this source-> Stocks mentioned VECO KLIC More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.