Veeco Instruments (NASDAQ:VECO) Issues Q3 2026 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.350-0.490 for the period, compared to the consensus estimate of 0.510. The company issued revenue guidance of $200.0 million-$220.0 million, compared to the consensus revenue estimate of $211.7 million. Veeco Instruments also updated its FY 2026 guidance to 1.360-1.610 EPS.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VECO shares. Barclays increased their price target on Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Citigroup lifted their price objective on shares of Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Veeco Instruments to a “hold” rating in a research note on Saturday, June 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. Finally, Zacks Research downgraded shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $48.33.

Veeco Instruments Price Performance

Shares of VECO stock traded up $1.18 during trading on Friday, hitting $52.79. The company had a trading volume of 1,004,694 shares, compared to its average volume of 1,252,453. The stock’s 50-day moving average is $61.23 and its two-hundred day moving average is $47.25. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 146.64 and a beta of 1.38. The company has a quick ratio of 2.86, a current ratio of 4.23 and a debt-to-equity ratio of 0.26. Veeco Instruments has a 52 week low of $22.32 and a 52 week high of $86.63.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.07. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.54%. The business had revenue of $193.48 million during the quarter, compared to analyst estimates of $180.08 million. During the same period in the previous year, the business posted $0.20 earnings per share. Veeco Instruments’s revenue for the quarter was up 16.5% on a year-over-year basis. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. As a group, analysts predict that Veeco Instruments will post 1.1 EPS for the current fiscal year.

Insider Activity at Veeco Instruments

In other news, Director Gordon Hunter sold 29,532 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $59.41, for a total value of $1,754,496.12. Following the transaction, the director owned 52,676 shares in the company, valued at approximately $3,129,481.16. This trade represents a 35.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Richard A. Damore sold 43,701 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $60.71, for a total value of $2,653,087.71. Following the completion of the sale, the director directly owned 112,594 shares in the company, valued at $6,835,581.74. The trade was a 27.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 231,309 shares of company stock worth $14,295,115 in the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Veeco Instruments

A number of institutional investors have recently bought and sold shares of VECO. Caitlin John LLC purchased a new position in shares of Veeco Instruments during the fourth quarter valued at approximately $269,000. Brooklyn Investment Group purchased a new position in Veeco Instruments during the fourth quarter valued at $227,000. Renaissance Technologies LLC bought a new position in shares of Veeco Instruments during the fourth quarter valued at $200,000. Vise Technologies Inc. raised its position in shares of Veeco Instruments by 5.3% in the 4th quarter. Vise Technologies Inc. now owns 7,503 shares of the semiconductor company’s stock worth $214,000 after purchasing an additional 377 shares during the last quarter. Finally, Westerly Capital Management LLC bought a new stake in Veeco Instruments during the 3rd quarter valued at about $304,000. 98.46% of the stock is owned by institutional investors.

About Veeco Instruments

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.