Citigroup Issues Positive Forecast for Veeco Instruments (NASDAQ:VECO) Stock Price

Veeco Instruments (NASDAQ:VECO) had its price target increased by analysts at Citigroup from $36.00 to $40.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Citigroup’s target price would indicate a potential upside of 30.40% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the company. Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $28.17.

Veeco Instruments Stock Performance

Veeco Instruments stock traded up $2.22 during trading on Thursday, hitting $30.68. The stock had a trading volume of 1,411,505 shares, compared to its average volume of 844,826. Veeco Instruments has a 1 year low of $16.92 and a 1 year high of $35.77. The company has a quick ratio of 3.62, a current ratio of 5.36 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average is $31.15 and its two-hundred day moving average is $29.22. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 36.96 and a beta of 1.19.

Insider Activity

In related news, CEO William John Miller sold 25,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $32.00, for a total transaction of $800,000.00. Following the completion of the transaction, the chief executive officer directly owned 464,543 shares in the company, valued at $14,865,376. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.40% of the company’s stock.

Institutional Trading of Veeco Instruments

Large investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in Veeco Instruments by 29.6% in the 1st quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock worth $2,692,000 after buying an additional 30,646 shares in the last quarter. AQR Capital Management LLC increased its holdings in Veeco Instruments by 51.5% during the 1st quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock valued at $598,000 after purchasing an additional 10,122 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Veeco Instruments by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock valued at $664,000 after acquiring an additional 1,434 shares in the last quarter. Millennium Management LLC raised its holdings in Veeco Instruments by 148.0% in the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock worth $9,526,000 after purchasing an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP purchased a new stake in Veeco Instruments in the first quarter worth about $618,000. Institutional investors own 98.46% of the company’s stock.

Trending Headlines about Veeco Instruments

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Management raised FY‑2026 guidance well above Street estimates — EPS of $1.50–$1.85 (vs. consensus ~$1.21) and revenue guidance of $740–$800M (vs. consensus ~$700M), signaling confidence in demand for Veeco’s tools and driving upside sentiment. Press Release
• Positive Sentiment: Company highlighted record semiconductor revenue on the earnings call, suggesting stronger end‑market traction for its semiconductor equipment portfolio — a bullish signal for future order flow and margins. Veeco Q4 2025 Highlights
• Neutral Sentiment: Q1 2026 guidance is conservative: EPS $0.14–$0.24 (consensus $0.23) and revenue $150–$170M (consensus ~$166.7M). The range overlaps Street estimates but leaves room for near‑term volatility.
• Neutral Sentiment: Detailed color from the earnings call transcript is available for investors who want to parse order cadence, product mix, and customer comments that will determine whether FY guidance is sustainable. Earnings Call Transcript
• Negative Sentiment: Q4 results slightly missed estimates: EPS $0.24 vs. $0.25 expected and revenue $165.02M vs. $166.22M expected; revenue was down ~9.4% year‑over‑year, highlighting near‑term softness that investors will watch. Quarterly Results

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.