Veeco Instruments (NASDAQ:VECO) Updates Q2 2026 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) issued an update on its second quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.200-0.320 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $170.0 million-$190.0 million, compared to the consensus revenue estimate of $176.5 million.

Veeco Instruments Trading Down 2.7%

Shares of Veeco Instruments stock traded down $1.39 on Tuesday, hitting $49.54. The stock had a trading volume of 2,925,739 shares, compared to its average volume of 1,053,438. The stock has a 50 day moving average of $36.63 and a 200 day moving average of $32.65. Veeco Instruments has a twelve month low of $18.31 and a twelve month high of $53.43. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.20 and a current ratio of 4.75. The firm has a market capitalization of $2.99 billion, a P/E ratio of 83.97 and a beta of 1.36.

Veeco Instruments (NASDAQ:VECO) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a net margin of 5.33% and a return on equity of 5.04%. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS. Sell-side analysts expect that Veeco Instruments will post 1.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Zacks Research downgraded shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research report on Wednesday, January 21st. Citigroup increased their target price on shares of Veeco Instruments from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Veeco Instruments currently has a consensus rating of “Hold” and an average target price of $28.17.

Insiders Place Their Bets

In other Veeco Instruments news, CEO William John Miller sold 50,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $31.62, for a total transaction of $1,581,000.00. Following the completion of the sale, the chief executive officer owned 414,543 shares of the company’s stock, valued at approximately $13,107,849.66. This represents a 10.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.70% of the company’s stock.

Institutional Trading of Veeco Instruments

Several hedge funds have recently modified their holdings of VECO. Smartleaf Asset Management LLC increased its stake in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 1,019 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Veeco Instruments in the 3rd quarter valued at $91,000. Tower Research Capital LLC TRC increased its stake in shares of Veeco Instruments by 152.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock valued at $125,000 after acquiring an additional 3,719 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Veeco Instruments by 9.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock valued at $130,000 after acquiring an additional 580 shares in the last quarter. Finally, Quadrant Capital Group LLC bought a new stake in shares of Veeco Instruments in the 3rd quarter valued at $146,000. Institutional investors own 98.46% of the company’s stock.

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.