Veeco Instruments (NASDAQ:VECO – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.140-0.240 for the period, compared to the consensus EPS estimate of 0.230. The company issued revenue guidance of $150.0 million-$170.0 million, compared to the consensus revenue estimate of $166.7 million. Veeco Instruments also updated its FY 2026 guidance to 1.500-1.85 EPS.
Veeco Instruments Price Performance
Shares of VECO traded down $0.90 during mid-day trading on Wednesday, reaching $28.46. 1,717,495 shares of the stock traded hands, compared to its average volume of 833,708. The company has a current ratio of 5.36, a quick ratio of 3.62 and a debt-to-equity ratio of 0.26. Veeco Instruments has a 1 year low of $16.92 and a 1 year high of $35.77. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 34.29 and a beta of 1.19. The firm has a fifty day moving average price of $31.17 and a 200 day moving average price of $29.23.
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Citigroup boosted their target price on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $27.50.
Insider Buying and Selling
In other news, CEO William John Miller sold 25,000 shares of Veeco Instruments stock in a transaction on Friday, December 5th. The shares were sold at an average price of $32.00, for a total transaction of $800,000.00. Following the transaction, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. This trade represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.30% of the company’s stock.
Institutional Investors Weigh In On Veeco Instruments
Institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its position in Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,019 shares during the period. Johnson Financial Group Inc. purchased a new stake in shares of Veeco Instruments during the 3rd quarter worth $91,000. Tower Research Capital LLC TRC boosted 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 buying an additional 3,719 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of 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 buying an additional 580 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Veeco Instruments in the 3rd quarter worth approximately $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.
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