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

Veeco Instruments (NASDAQ:VECO) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.500-1.85 for the period, compared to the consensus earnings per share estimate of 1.210. The company issued revenue guidance of $740.0 million-$800.0 million, compared to the consensus revenue estimate of $700.5 million. Veeco Instruments also updated its Q1 2026 guidance to 0.140-0.240 EPS.

Veeco Instruments Price Performance

Shares of NASDAQ:VECO traded down $0.90 during midday trading on Wednesday, hitting $28.46. The company had a trading volume of 1,717,495 shares, compared to its average volume of 833,708. Veeco Instruments has a twelve month low of $16.92 and a twelve month high of $35.77. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 34.29 and a beta of 1.19. The business’s 50-day simple moving average is $31.17 and its 200-day simple moving average is $29.23.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on VECO shares. Citigroup boosted their price target on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veeco Instruments in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Veeco Instruments currently has a consensus rating of “Hold” and a consensus target price of $27.50.

Insider Buying and Selling

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $32.00, for a total transaction of $800,000.00. Following the sale, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. This represents a 5.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by insiders.

Institutional Trading of Veeco Instruments

A number of institutional investors have recently bought and sold shares of VECO. Smartleaf Asset Management LLC lifted its stake in 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 position in shares of Veeco Instruments during the third quarter worth approximately $91,000. Tower Research Capital LLC TRC increased its holdings in shares of Veeco Instruments by 152.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock valued at $125,000 after acquiring an additional 3,719 shares during the period. 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 valued at $130,000 after purchasing an additional 580 shares during the last quarter. Finally, Quadrant Capital Group LLC purchased a new stake in Veeco Instruments in the 3rd quarter valued at $146,000. 98.46% of the stock is owned by hedge funds and other institutional investors.

Veeco Instruments Company Profile

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.