Veeco Instruments Inc. (NASDAQ:VECO) Receives $27.71 Average Target Price from Analysts

Shares of Veeco Instruments Inc. (NASDAQ:VECO) have received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $27.7143.

VECO has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, October 8th. Needham & Company LLC downgraded shares of Veeco Instruments from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Northland Securities lowered shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 target price on the stock. in a research report on Tuesday, October 7th. Benchmark reduced their price target on shares of Veeco Instruments from $31.00 to $28.00 and set a “buy” rating for the company in a report on Thursday, August 7th. Finally, Northland Capmk lowered shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th.

Insider Transactions at Veeco Instruments

In other news, CEO William John Miller sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $32.00, for a total transaction of $800,000.00. Following the completion of the transaction, the chief executive officer directly owned 514,543 shares of the company’s stock, valued at approximately $16,465,376. This trade represents a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Adrian Devasahayam sold 3,851 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $34.00, for a total transaction of $130,934.00. Following the completion of the sale, the senior vice president owned 78,269 shares in the company, valued at $2,661,146. This represents a 4.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 61,911 shares of company stock worth $1,781,550. 2.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Veeco Instruments

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group bought a new stake in shares of Veeco Instruments during the first quarter worth $37,000. Smartleaf Asset Management LLC grew its holdings in Veeco Instruments by 75.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 1,019 shares during the last quarter. Signaturefd LLC increased its position in Veeco Instruments by 213.9% in the 1st quarter. Signaturefd LLC now owns 3,139 shares of the semiconductor company’s stock valued at $63,000 after acquiring an additional 2,139 shares in the last quarter. US Bancorp DE increased its position in Veeco Instruments by 33.6% in the 1st quarter. US Bancorp DE now owns 3,366 shares of the semiconductor company’s stock valued at $68,000 after acquiring an additional 847 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of Veeco Instruments by 49,728.6% during the second quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 3,481 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Veeco Instruments Stock Performance

Shares of NASDAQ VECO opened at $30.41 on Monday. The business’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $23.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.43 and a current ratio of 5.10. Veeco Instruments has a 52 week low of $16.92 and a 52 week high of $34.45. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 29.81 and a beta of 1.31.

Veeco Instruments (NASDAQ:VECO) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. The firm had revenue of $165.88 million during the quarter, compared to analyst estimates of $160.49 million. Veeco Instruments had a net margin of 8.65% and a return on equity of 7.38%. The business’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, equities research analysts expect that Veeco Instruments will post 0.76 earnings per share for the current fiscal year.

Veeco Instruments Company Profile

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.