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

Veeco Instruments (NASDAQ:VECO) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.500-1.850 for the period, compared to the consensus EPS 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 Performance

Shares of NASDAQ:VECO traded up $10.54 during midday trading on Wednesday, reaching $60.08. 4,612,909 shares of the company traded hands, compared to its average volume of 1,108,845. The firm has a market capitalization of $3.63 billion, a price-to-earnings ratio of 101.88 and a beta of 1.36. Veeco Instruments has a 12 month low of $18.31 and a 12 month high of $65.43. The firm’s fifty day moving average price is $37.03 and its two-hundred day moving average price is $32.79. The company has a quick ratio of 3.20, a current ratio of 4.75 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings data 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). The business had revenue of $158.34 million during the quarter, compared to the consensus estimate of $160.07 million. Veeco Instruments had a return on equity of 5.04% and a net margin of 5.33%.The company’s revenue was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 earnings per share. 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 analysts expect that Veeco Instruments will post 1.04 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Citigroup increased their target price on Veeco Instruments from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a research report on Thursday, February 26th. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $28.17.

Insider Buying and Selling

In other news, CEO William John Miller sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $31.62, for a total transaction of $1,581,000.00. Following the completion of the transaction, the chief executive officer directly owned 414,543 shares in the company, valued at $13,107,849.66. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.70% of the company’s stock.

Veeco Instruments News Summary

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Management affirmed FY2026 guidance with an EPS range whose midpoint sits above consensus (FY EPS guidance 1.50–1.85), signaling stronger full-year profit expectations and offsetting the quarterly miss. Why Veeco Instruments Shares Are Trading Higher By 21%; Here Are 20 Stocks Moving Premarket
• Positive Sentiment: Company announced >$250 million in high‑volume equipment orders for manufacturing indium phosphide lasers (Spector®, Lumina® and wet processing systems) — a tangible revenue pipeline catalyst for coming quarters. Veeco Announces $250 Million in Equipment Orders for Manufacturing Indium Phosphide Lasers
• Neutral Sentiment: Company issued Q2 guidance (EPS 0.20–0.32; revenue $170–190M) and published the Q1 slide deck and earnings release — useful for modeling, but contains mixed signals (guidance range spans below and above consensus). Veeco Q1 Slide Deck / Press Release
• Neutral Sentiment: Full earnings call transcript and presentation are available for details on customer timing and order cadence; useful for investors who want management color on margins and backlog. Veeco Instruments Inc. (VECO) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Q1 results missed: non‑GAAP EPS $0.14 vs. consensus $0.20 and revenue $158.3M vs. $160.1M; revenue fell ~5% YoY and GAAP showed a small net loss — short‑term pressure on margins and near-term growth. Veeco Instruments (VECO) Misses Q1 Earnings and Revenue Estimates
• Negative Sentiment: Q2 EPS midpoint is below some street estimates (guidance range includes upside, but midpoint is mixed), leaving short‑term execution risk and volatility while orders convert to revenue. Veeco Reports First Quarter 2026 Financial Results

Institutional Trading of Veeco Instruments

Institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its position in shares of Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 1,019 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Veeco Instruments during the 3rd quarter worth about $91,000. Quadrant Capital Group LLC acquired a new position in shares of Veeco Instruments during the 3rd quarter valued at $146,000. Tower Research Capital LLC TRC grew its stake in shares of Veeco Instruments by 152.4% in the second quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock valued at $125,000 after buying an additional 3,719 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in Veeco Instruments by 9.9% during the 2nd 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 in the last quarter. Hedge funds and other institutional investors 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.