Veeco Instruments (NASDAQ:VECO) Issues FY 2026 Earnings Guidance
by Jessica Moore · The Cerbat GemVeeco Instruments (NASDAQ:VECO – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.500-1.850 for the period, compared to the consensus EPS estimate of 1.530. The company issued revenue guidance of $740.0 million-$800.0 million, compared to the consensus revenue estimate of $770.0 million. Veeco Instruments also updated its Q2 2026 guidance to 0.200-0.320 EPS.
Veeco Instruments Stock Down 2.7%
Shares of NASDAQ:VECO traded down $1.39 during trading on Tuesday, hitting $49.54. 3,144,707 shares of the company were exchanged, compared to its average volume of 1,312,812. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 83.97 and a beta of 1.36. Veeco Instruments has a fifty-two week low of $18.31 and a fifty-two week high of $53.43. The firm has a fifty day moving average price of $37.03 and a two-hundred day moving average price of $32.79. The company has a current ratio of 4.75, a quick ratio of 3.20 and a debt-to-equity ratio of 0.26.
Veeco Instruments (NASDAQ:VECO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). The company had revenue of $158.34 million for the quarter, compared to analyst estimates of $160.07 million. Veeco Instruments had a return on equity of 5.04% and a net margin of 5.33%.The firm’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period last year, the firm earned $0.37 EPS. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. As a group, research analysts anticipate that Veeco Instruments will post 1.04 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on VECO. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. Citigroup boosted their target price on Veeco Instruments from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $28.17.
Get Our Latest Stock Report on VECO
Insider Transactions at Veeco Instruments
In related news, CEO William John Miller sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $31.62, for a total value of $1,581,000.00. Following the completion of the sale, the chief executive officer directly owned 414,543 shares in the company, valued at $13,107,849.66. The trade was a 10.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.70% of the stock is owned by company insiders.
Key Veeco Instruments News
Here are the key news stories impacting Veeco Instruments this week:
- Positive Sentiment: Large equipment orders — Veeco said it received more than $250 million in high-volume orders for its Spector, Lumina and wet processing systems to support manufacturing of indium phosphide lasers, which should drive future revenue and backlog growth. Veeco Announces $250 Million+ in Equipment Orders for Manufacturing Indium Phosphide Lasers
- Neutral Sentiment: FY‑2026 guidance was updated to $1.50–$1.85 EPS and $740–$800M revenue — the range brackets the consensus (EPS ~1.53, revenue ~770M), so it’s neither a clear beat nor a strong raise; execution and mid‑point conversion will matter. Veeco Reports First Quarter 2026 Financial Results (Press Release/Slides)
- Negative Sentiment: Q1 EPS and revenue missed estimates — non‑GAAP EPS $0.14 vs. $0.20 consensus; revenue $158.3M vs. ~$160M expected; results show YoY weakness and pressured margins, which likely triggered the sell‑off. Veeco Instruments (VECO) Misses Q1 Earnings and Revenue Estimates
- Negative Sentiment: Q2 guidance is softer than consensus — Veeco set Q2 EPS at $0.20–$0.32 vs. ~ $0.30 street estimate and revenue $170–$190M vs. ~$176.5M consensus, signaling potential near‑term softness. Veeco Q1 Conference Materials / Slide Deck
- Neutral Sentiment: Balance sheet and liquidity appear healthy — strong current and quick ratios and modest leverage reduce immediate financial risk, but investors will focus on margin recovery and conversion of large bookings into revenue. Veeco Reports First Quarter 2026 Financial Results
Institutional Trading of Veeco Instruments
Several institutional investors have recently added to or reduced their stakes in VECO. Amundi boosted its holdings in Veeco Instruments by 123.0% in the 4th quarter. Amundi now owns 23,669 shares of the semiconductor company’s stock valued at $676,000 after purchasing an additional 13,053 shares during the period. AQR Capital Management LLC boosted its holdings in Veeco Instruments by 51.5% in the 1st quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company’s stock valued at $598,000 after purchasing an additional 10,122 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Veeco Instruments by 15.5% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,691 shares of the semiconductor company’s stock valued at $506,000 after purchasing an additional 2,369 shares during the period. Guggenheim Capital LLC boosted its holdings in Veeco Instruments by 15.0% in the 4th quarter. Guggenheim Capital LLC now owns 17,336 shares of the semiconductor company’s stock valued at $495,000 after purchasing an additional 2,262 shares during the period. Finally, Freestone Grove Partners LP bought a new stake in Veeco Instruments in the 3rd quarter valued at about $331,000. 98.46% of the stock is currently owned by 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.