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

Veeco Instruments (NASDAQ:VECO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.500-1.850 for the period, compared to the consensus estimate of 1.530. The company issued revenue guidance of $740.0 million-$800.0 million, compared to the consensus revenue estimate of $770.0 million. Veeco Instruments also updated its Q2 2026 guidance to 0.200-0.320 EPS.

Veeco Instruments Stock Down 2.7%

Shares of Veeco Instruments stock traded down $1.39 on Tuesday, reaching $49.54. 3,139,662 shares of the company were exchanged, compared to its average volume of 1,068,027. Veeco Instruments has a one year low of $18.31 and a one year high of $53.43. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 83.97 and a beta of 1.36. The company has a current ratio of 4.75, a quick ratio of 3.20 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average of $36.63 and a 200 day moving average of $32.65.

Veeco Instruments (NASDAQ:VECO) last released its earnings results 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 firm 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 5.33% and a return on equity of 5.04%. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. On average, equities research analysts forecast that Veeco Instruments will post 1.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

VECO has been the topic of several recent analyst reports. Needham & Company LLC restated a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Zacks Research downgraded Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Citigroup upped their price objective on Veeco Instruments from $36.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $28.17.

Insider Transactions at Veeco Instruments

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 transaction, the chief executive officer owned 414,543 shares in the company, valued at $13,107,849.66. This represents a 10.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Veeco Instruments

Large investors have recently added to or reduced their stakes in the stock. Westerly Capital Management LLC bought a new position in Veeco Instruments during the 3rd quarter worth $304,000. Caitlin John LLC acquired a new stake in shares of Veeco Instruments during the 4th quarter worth $269,000. FORA Capital LLC acquired a new stake in shares of Veeco Instruments during the 2nd quarter worth $231,000. Brooklyn Investment Group acquired a new stake in shares of Veeco Instruments during the 4th quarter worth $227,000. Finally, Vise Technologies Inc. bought a new position in shares of Veeco Instruments in the third quarter worth $217,000. Institutional investors and hedge funds own 98.46% of the company’s stock.

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.