Veeco Instruments (NASDAQ:VECO) Issues FY 2026 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.360-1.610 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of $780.0 million-$810.0 million, compared to the consensus revenue estimate of $770.7 million. Veeco Instruments also updated its Q3 2026 guidance to 0.350-0.490 EPS.

Analyst Ratings Changes

Several equities analysts have issued reports on VECO shares. Wall Street Zen raised Veeco Instruments to a “hold” rating in a report on Saturday, June 6th. Citigroup raised their target price on shares of Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings raised shares of Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. Barclays upped their price target on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Zacks Research cut shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Veeco Instruments presently has an average rating of “Hold” and a consensus target price of $40.60.

Veeco Instruments Stock Performance

Shares of NASDAQ:VECO traded down $0.84 during midday trading on Wednesday, hitting $52.96. The stock had a trading volume of 1,292,765 shares, compared to its average volume of 914,981. The company has a market capitalization of $3.23 billion, a PE ratio of 139.37 and a beta of 1.38. Veeco Instruments has a 1 year low of $19.29 and a 1 year high of $86.63. The stock has a 50 day moving average price of $61.38 and a two-hundred day moving average price of $47.11. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The firm had revenue of $158.34 million during the quarter, compared to analyst estimates of $160.07 million. Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. Veeco Instruments’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. As a group, equities analysts predict that Veeco Instruments will post 1.1 earnings per share for the current fiscal year.

Insider Transactions at Veeco Instruments

In related news, Director Gordon Hunter sold 16,974 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $68.80, for a total transaction of $1,167,811.20. Following the sale, the director owned 11,236 shares of the company’s stock, valued at approximately $773,036.80. The trade was a 60.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Susan Wilkerson sold 15,506 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total value of $1,078,597.36. Following the completion of the transaction, the senior vice president directly owned 27,468 shares of the company’s stock, valued at $1,910,674.08. The trade was a 36.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 339,055 shares of company stock valued at $20,705,270. 2.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Veeco Instruments

Several hedge funds have recently added to or reduced their stakes in VECO. Invesco Ltd. increased its position in Veeco Instruments by 10.6% during the fourth quarter. Invesco Ltd. now owns 286,362 shares of the semiconductor company’s stock worth $8,184,000 after buying an additional 27,432 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Veeco Instruments by 4.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,986 shares of the semiconductor company’s stock valued at $314,000 after acquiring an additional 462 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Veeco Instruments during the fourth quarter valued at $269,000. XTX Topco Ltd purchased a new stake in Veeco Instruments during the 4th quarter worth about $695,000. Finally, Old West Investment Management LLC increased its position in Veeco Instruments by 5.6% during the 4th quarter. Old West Investment Management LLC now owns 71,428 shares of the semiconductor company’s stock worth $2,041,000 after purchasing an additional 3,796 shares in the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Veeco Instruments Company Profile

Veeco Instruments Inc (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco’s platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco’s product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.