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

Veeco Instruments (NASDAQ:VECO) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.350-0.490 for the period, compared to the consensus earnings per share 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 Down 2.5%

VECO traded down $1.35 during trading on Thursday, hitting $51.61. The stock had a trading volume of 1,578,978 shares, compared to its average volume of 1,254,096. Veeco Instruments has a twelve month low of $20.86 and a twelve month high of $86.63. The stock has a 50 day simple moving average of $61.38 and a two-hundred day simple moving average of $47.11. 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 company has a market capitalization of $3.15 billion, a PE ratio of 135.82 and a beta of 1.38.

Veeco Instruments (NASDAQ:VECO) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share for the quarter, topping 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 firm had revenue of $193.48 million for the quarter, compared to the consensus estimate of $180.08 million. During the same period in the previous year, the business earned $0.20 EPS. The firm’s revenue for the quarter 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. On average, research analysts predict that Veeco Instruments will post 1.1 earnings per share for the current year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Veeco Instruments news, SVP Susan Wilkerson sold 35,723 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $61.69, for a total value of $2,203,751.87. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gordon Hunter sold 29,532 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the sale, the director directly owned 52,676 shares in the company, valued at $3,129,481.16. The trade was a 35.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 239,055 shares of company stock worth $14,750,270. 2.70% of the stock is currently owned by company insiders.

Veeco Instruments News Roundup

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 Inflows and Outflows

Large investors have recently modified their holdings of the company. Royal Bank of Canada grew its position in shares of Veeco Instruments by 29.6% during the 1st quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock valued at $2,692,000 after acquiring an additional 30,646 shares during the period. AQR Capital Management LLC boosted its position in Veeco Instruments by 51.5% during the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock worth $598,000 after purchasing an additional 10,122 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Veeco Instruments by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company’s stock valued at $664,000 after purchasing an additional 1,434 shares during the period. Millennium Management LLC increased its position in shares of Veeco Instruments by 148.0% in the first quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock valued at $9,526,000 after buying an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP purchased a new stake in shares of Veeco Instruments in the first quarter valued at approximately $618,000. Institutional investors and hedge funds own 98.46% of the company’s stock.

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.