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 1.360-1.610 for the period, compared to the consensus EPS estimate of 1.520. The company issued revenue guidance of $780.0 million-$810.0 million, compared to the consensus revenue estimate of $770.7 million. Veeco Instruments also updated its Q3 2026 guidance to 0.350-0.490 EPS.

Wall Street Analyst Weigh In

VECO has been the subject of a number of research reports. Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Barclays increased their target price on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Wall Street Zen upgraded shares of Veeco Instruments to a “hold” rating in a report on Saturday, June 6th. Citigroup lifted their target price on Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $40.60.

Veeco Instruments Stock Down 2.5%

Shares of Veeco Instruments stock traded down $1.35 on Thursday, hitting $51.61. The company had a trading volume of 1,578,978 shares, compared to its average volume of 1,254,096. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 135.82 and a beta of 1.38. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.86 and a current ratio of 4.23. The stock has a 50 day moving average of $61.38 and a 200-day moving average of $47.11. Veeco Instruments has a 1 year low of $20.86 and a 1 year high of $86.63.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.07. Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The company had revenue of $193.48 million during the quarter, compared to analyst estimates of $180.08 million. During the same quarter last year, the company earned $0.20 earnings per share. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. As a group, sell-side analysts forecast that Veeco Instruments will post 1.1 earnings per share for the current year.

Insider Activity

In other news, Director Gordon Hunter sold 29,532 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the completion of the sale, the director owned 52,676 shares of the company’s stock, valued at $3,129,481.16. The trade was a 35.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Susan Wilkerson sold 35,723 shares of Veeco Instruments stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $61.69, for a total transaction of $2,203,751.87. Following the completion of the sale, the senior vice president owned 42,974 shares in the company, valued at approximately $2,651,066.06. This represents a 45.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 239,055 shares of company stock worth $14,750,270. Insiders own 2.70% of the company’s stock.

More Veeco Instruments News

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

• Positive Sentiment: Veeco reported second-quarter revenue of $193.5 million, up 16.5% year over year and above the $180.1 million consensus estimate. Non-GAAP EPS was $0.33, beating expectations of $0.26 and supported by strong orders, customer engagement and AI-driven demand. VECO Q2 Earnings Beat Estimates on Strong AI-Driven Demand
• Positive Sentiment: Management highlighted approximately $200 million in advanced-packaging orders and ongoing capacity investments that could support a larger AI-related growth ramp in 2027. VECO Q2 Earnings Call Ties 2027 Growth to Capacity Spending
• Positive Sentiment: Veeco announced a LUMINA®+ MOCVD system order for manufacturing indium-phosphide lasers used in optical transceivers, potentially benefiting from hyperscaler spending on AI data-center connectivity. Veeco Announces LUMINA MOCVD System Order
• Neutral Sentiment: Full-year 2026 revenue guidance of $780 million to $810 million is above the $770.7 million analyst consensus, while EPS guidance of $1.36 to $1.61 brackets the $1.52 consensus estimate.
• Negative Sentiment: Third-quarter EPS guidance of $0.35 to $0.49 is below the $0.51 consensus at the midpoint, although revenue guidance of $200 million to $220 million is broadly in line with expectations. Near-term margin pressure and investment ahead of the anticipated 2027 capacity ramp are weighing on the stock despite the quarterly beat.

Institutional Trading of Veeco Instruments

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC increased its holdings in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 1,019 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in Veeco Instruments during the third quarter worth about $91,000. Tower Research Capital LLC TRC lifted its position in Veeco Instruments by 152.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock valued at $125,000 after purchasing an additional 3,719 shares during the period. 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 purchasing an additional 580 shares during the last quarter. Finally, Quadrant Capital Group LLC acquired a new stake in Veeco Instruments during the 3rd quarter worth approximately $146,000. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

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.