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

Veeco Instruments (NASDAQ:VECO) had its target price increased by equities research analysts at Barclays from $30.00 to $55.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the semiconductor company’s stock. Barclays‘s price objective indicates a potential upside of 1.43% from the company’s current price.

Other research analysts also recently issued research reports about the company. Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. Weiss Ratings cut Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Citigroup upped their price target on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $40.60.

Veeco Instruments Stock Down 2.6%

Shares of NASDAQ VECO opened at $54.23 on Tuesday. The firm has a fifty day simple moving average of $42.21 and a two-hundred day simple moving average of $34.71. Veeco Instruments has a 12 month low of $18.85 and a 12 month high of $65.43. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $3.31 billion, a PE ratio of 144.20 and a beta of 1.36.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. The company had revenue of $158.34 million for the quarter, compared to the consensus estimate of $160.07 million. During the same period in the previous year, the firm posted $0.37 EPS. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. 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. Equities analysts expect that Veeco Instruments will post 1.1 earnings per share for the current year.

Insider Buying and Selling at Veeco Instruments

In other Veeco Instruments news, Director Gordon Hunter sold 29,532 shares of Veeco Instruments stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the completion of the transaction, the director owned 52,676 shares in the company, valued at approximately $3,129,481.16. The trade was a 35.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William John Miller sold 100,000 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $59.55, for a total value of $5,955,000.00. Following the completion of the sale, the chief executive officer directly owned 419,570 shares in the company, valued at $24,985,393.50. This trade represents a 19.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 230,979 shares of company stock valued at $12,398,739. Corporate insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in Veeco Instruments by 7.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the semiconductor company’s stock valued at $156,000 after acquiring an additional 350 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Veeco Instruments by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 32,882 shares of the semiconductor company’s stock valued at $939,000 after buying an additional 361 shares during the last quarter. Vise Technologies Inc. boosted its position in shares of Veeco Instruments by 5.3% during the fourth quarter. Vise Technologies Inc. now owns 7,503 shares of the semiconductor company’s stock valued at $214,000 after buying an additional 377 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Veeco Instruments by 4.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 10,986 shares of the semiconductor company’s stock worth $314,000 after buying an additional 462 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Veeco Instruments by 9.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock worth $130,000 after buying an additional 580 shares during the last quarter. 98.46% of the stock is owned by hedge funds and other 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.