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

Veeco Instruments (NASDAQ:VECO) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.350-0.490 for the period, compared to the consensus EPS 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

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

Veeco Instruments Stock Performance

VECO stock traded down $0.84 during mid-day trading on Wednesday, reaching $52.96. 1,292,765 shares of the stock traded hands, compared to its average volume of 1,251,566. 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 $19.29 and a 52 week high of $86.63. The business has a 50-day moving average of $61.52 and a two-hundred day moving average of $46.98. The firm has a market capitalization of $3.23 billion, a PE ratio of 139.37 and a beta of 1.38.

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

Insider Transactions at Veeco Instruments

In other news, Director Gordon Hunter sold 16,974 shares of the company’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 completion of the transaction, the director owned 11,236 shares of the company’s stock, valued at approximately $773,036.80. This represents a 60.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William John Miller sold 50,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $58.62, for a total transaction of $2,931,000.00. Following the completion of the sale, the chief executive officer owned 369,570 shares of the company’s stock, valued at approximately $21,664,193.40. The trade was a 11.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 339,055 shares of company stock worth $20,705,270. 2.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Veeco Instruments

Several large investors have recently added to or reduced their stakes in the company. Vise Technologies Inc. lifted 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 acquiring an additional 377 shares during the period. Mercer Global Advisors Inc. ADV increased its position 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 purchasing an additional 462 shares during the period. Russell Investments Group Ltd. increased its position in shares of Veeco Instruments by 9.9% during the second quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 580 shares during the period. Amundi raised its stake in shares of Veeco Instruments by 6.6% in the third quarter. Amundi now owns 10,616 shares of the semiconductor company’s stock valued at $328,000 after purchasing an additional 657 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Veeco Instruments by 23.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,702 shares of the semiconductor company’s stock valued at $108,000 after purchasing an additional 703 shares in the last quarter. Institutional investors and hedge funds 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.