Veeco Instruments (NASDAQ:VECO) Issues Q1 2026 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.140-0.240 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

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

Veeco Instruments Stock Down 3.1%

NASDAQ VECO traded down $0.90 on Wednesday, hitting $28.46. 1,717,495 shares of the stock were exchanged, compared to its average volume of 833,708. Veeco Instruments has a fifty-two week low of $16.92 and a fifty-two week high of $35.77. The company has a 50-day moving average price of $31.17 and a 200-day moving average price of $29.23. The company has a quick ratio of 3.62, a current ratio of 5.36 and a debt-to-equity ratio of 0.26. The company has a market cap of $1.72 billion, a PE ratio of 34.29 and a beta of 1.19.

Insider Transactions at Veeco Instruments

In other 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 completion of the transaction, the chief executive officer directly owned 464,543 shares of the company’s stock, valued at approximately $14,865,376. This represents a 5.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Veeco Instruments

Hedge funds have recently added to or reduced their stakes in the stock. Westerly Capital Management LLC acquired a new position in shares of Veeco Instruments during the 3rd quarter worth $304,000. Caitlin John LLC acquired a new stake in shares of Veeco Instruments in the fourth quarter valued at about $269,000. FORA Capital LLC purchased a new stake in Veeco Instruments during the second quarter worth about $231,000. Brooklyn Investment Group purchased a new stake in Veeco Instruments during the fourth quarter worth about $227,000. Finally, Vise Technologies Inc. acquired a new position in Veeco Instruments during the third quarter worth about $217,000. 98.46% of the stock is currently 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.