Q1 Earnings Estimate for VECO Issued By Northland Securities

Veeco Instruments Inc. (NASDAQ:VECO) – Research analysts at Northland Securities cut their Q1 2027 earnings estimates for shares of Veeco Instruments in a note issued to investors on Monday, September 21st. Northland Securities analyst G. Richard now forecasts that the semiconductor company will post earnings of $0.42 per share for the quarter, down from their prior estimate of $0.44. Northland Securities has a “Outperform” rating and a $66.00 price objective on the stock. The consensus estimate for Veeco Instruments’ current full-year earnings is $0.95 per share.

Veeco Instruments (NASDAQ:VECO) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.26 by $0.07. The business had revenue of $193.48 million for the quarter, compared to the consensus estimate of $180.08 million. Veeco Instruments had a return on equity of 3.52% and a net margin of 3.40%.The firm’s revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 EPS. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS.

A number of other equities analysts also recently issued reports on VECO. Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, August 21st. Wall Street Zen upgraded shares of Veeco Instruments from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 12th. Citigroup raised their price target on shares of Veeco Instruments from $60.00 to $63.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Finally, Zacks Research cut shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Veeco Instruments presently has an average rating of “Hold” and an average target price of $61.33.

Veeco Instruments Stock Up 3.5%

Shares of NASDAQ VECO opened at $45.92 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.93 and a quick ratio of 2.69. The company has a 50-day moving average price of $47.82 and a 200-day moving average price of $50.81. The stock has a market capitalization of $2.81 billion, a P/E ratio of 127.56 and a beta of 1.37. Veeco Instruments has a 1 year low of $26.00 and a 1 year high of $86.63.

Insider Buying and Selling at Veeco Instruments

In related news, CEO William Miller sold 200,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $54.18, for a total value of $10,836,000.00. Following the completion of the transaction, the chief executive officer directly owned 169,570 shares of the company’s stock, valued at $9,187,302.60. This represents a 54.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John P. Kiernan sold 35,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $51.05, for a total transaction of $1,786,750.00. Following the completion of the sale, the chief financial officer owned 68,802 shares of the company’s stock, valued at $3,512,342.10. This trade represents a 33.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veeco Instruments

A number of hedge funds and other institutional investors have recently bought and sold shares of VECO. BlackRock Inc. bought a new position in Veeco Instruments during the 2nd quarter valued at about $728,127,000. Paradigm Capital Management Inc. NY purchased a new position in Veeco Instruments during the second quarter worth $156,557,000. The Manufacturers Life Insurance Company bought a new position in shares of Veeco Instruments during the second quarter valued at approximately $134,434,000. Dimensional Fund Advisors LP lifted its holdings in Veeco Instruments by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,374,292 shares of the semiconductor company’s stock valued at $80,391,000 after buying an additional 68,780 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Veeco Instruments during the 2nd quarter worth $65,836,000. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Veeco Instruments Company Profile

Veeco Instruments Inc develops and manufactures specialized equipment used in the production of semiconductors and other advanced electronic components. Its systems support processes such as thin-film deposition, etching, lithography-related applications, and thermal processing, helping manufacturers create and refine microscopic structures on wafers and other materials.

The company’s product portfolio includes metal-organic chemical vapor deposition systems for compound semiconductors, ion beam etch and deposition equipment, laser annealing systems, and other wafer-processing technologies.