Veeco Instruments (NASDAQ:VECO) Updates Q3 2026 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.350-0.490 for the period, compared to the consensus estimate of 0.510. The company issued revenue guidance of $200.0 million-$220.0 million, compared to the consensus revenue estimate of $211.7 million. Veeco Instruments also updated its FY 2026 guidance to 1.360-1.610 EPS.

Veeco Instruments Stock Performance

NASDAQ VECO traded down $0.84 during trading hours on Wednesday, hitting $52.96. The company had a trading volume of 1,292,765 shares, compared to its average volume of 914,981. The company has a quick ratio of 2.86, a current ratio of 4.23 and a debt-to-equity ratio of 0.26. The firm has a market cap of $3.23 billion, a P/E ratio of 139.37 and a beta of 1.38. Veeco Instruments has a fifty-two week low of $19.29 and a fifty-two week high of $86.63. The business has a fifty day simple moving average of $61.38 and a 200-day simple moving average of $47.11.

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Wall Street Zen upgraded shares of Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Zacks Research lowered shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings raised Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. Finally, Citigroup boosted their price objective on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two equities 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 company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $40.60.

Insider Activity at Veeco Instruments

In other news, Director Gordon Hunter sold 29,532 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $59.41, for a total value of $1,754,496.12. Following the sale, the director owned 52,676 shares of the company’s stock, valued at approximately $3,129,481.16. The trade was a 35.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William John Miller sold 100,000 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were 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 owned 419,570 shares of the company’s stock, valued at approximately $24,985,393.50. This trade represents a 19.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 339,055 shares of company stock worth $20,705,270 in the last quarter. Company insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Veeco Instruments

Large investors have recently made changes to their positions in the business. Vise Technologies Inc. grew its stake in shares of Veeco Instruments by 5.3% in the 4th quarter. Vise Technologies Inc. now owns 7,503 shares of the semiconductor company’s stock worth $214,000 after purchasing an additional 377 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Veeco Instruments by 4.4% during the fourth 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 in the last quarter. Russell Investments Group Ltd. boosted its holdings in Veeco Instruments by 9.9% during the second 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 in the last quarter. Amundi grew its position in Veeco Instruments by 6.6% in the third quarter. Amundi now owns 10,616 shares of the semiconductor company’s stock worth $328,000 after buying an additional 657 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Veeco Instruments by 23.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,702 shares of the semiconductor company’s stock valued at $108,000 after buying an additional 703 shares in the last quarter. 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.