Q3 Earnings Forecast for VECO Issued By Northland Securities

Veeco Instruments Inc. (NASDAQ:VECO) – Research analysts at Northland Securities cut their Q3 2026 earnings per share (EPS) estimates for Veeco Instruments in a report released on Thursday, August 6th. Northland Securities analyst G. Richard now expects that the semiconductor company will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.44. The consensus estimate for Veeco Instruments’ current full-year earnings is $0.95 per share. Northland Securities also issued estimates for Veeco Instruments’ Q4 2026 earnings at $0.44 EPS, FY2026 earnings at $0.95 EPS, Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.68 EPS and FY2027 earnings at $2.21 EPS.

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, beating the consensus estimate of $0.26 by $0.07. The firm had revenue of $193.48 million during the quarter, compared to the consensus estimate of $180.08 million. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.52%. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.20 EPS. 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.

Several other research analysts also recently weighed in on the stock. Citigroup upped their target price on shares of Veeco Instruments from $60.00 to $63.00 and gave the company a “buy” rating in a research note on Monday. Weiss Ratings raised shares of Veeco Instruments from a “sell (d+)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Zacks Research downgraded Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Barclays lifted their price objective on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Finally, Wall Street Zen upgraded Veeco Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $49.33.

Veeco Instruments Stock Performance

NASDAQ VECO opened at $53.58 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.93 and a quick ratio of 2.69. Veeco Instruments has a 1-year low of $23.31 and a 1-year high of $86.63. The business’s 50-day simple moving average is $60.41 and its 200-day simple moving average is $47.92. The firm has a market capitalization of $3.28 billion, a P/E ratio of 148.83 and a beta of 1.38.

Institutional Investors Weigh In On Veeco Instruments

Several large investors have recently modified their holdings of VECO. State of Alaska Department of Revenue raised its position in Veeco Instruments by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 32,882 shares of the semiconductor company’s stock valued at $939,000 after purchasing an additional 361 shares during the last quarter. Vise Technologies Inc. lifted its stake in shares of Veeco Instruments by 5.3% in the 4th quarter. Vise Technologies Inc. now owns 7,503 shares of the semiconductor company’s stock valued at $214,000 after purchasing an additional 377 shares during the period. Tema ETFs LLC bought a new position in Veeco Instruments during the second quarter worth about $33,000. Mercer Global Advisors Inc. ADV grew its holdings in Veeco Instruments by 4.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,986 shares of the semiconductor company’s stock valued at $314,000 after purchasing an additional 462 shares during the period. Finally, Allworth Financial LP acquired a new position in Veeco Instruments in the second quarter valued at about $39,000. 98.46% of the stock is currently owned by institutional investors.

Insider Transactions at Veeco Instruments

In related news, SVP Adrian Devasahayam sold 10,000 shares of Veeco Instruments stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $65.00, for a total value of $650,000.00. Following the transaction, the senior vice president owned 85,115 shares in the company, valued at $5,532,475. This trade represents a 10.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Susan Wilkerson sold 15,506 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $69.56, for a total value of $1,078,597.36. Following the completion of the sale, the senior vice president directly owned 27,468 shares of the company’s stock, valued at $1,910,674.08. This represents a 36.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 193,076 shares of company stock valued at $11,674,281. Insiders own 2.70% of the company’s stock.

Key Stories Impacting Veeco Instruments

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

• Positive Sentiment: Veeco’s latest quarterly results were stronger than expected: earnings were $0.33 per share versus the $0.26 consensus estimate, while revenue of $193.48 million exceeded expectations of $180.08 million and increased 16.5% year over year. Veeco Instruments financial information
• Neutral Sentiment: Veeco CFO John Kiernan sold 35,000 shares for approximately $1.79 million, reducing his direct ownership by 33.72%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which may lessen its significance as a discretionary signal about management’s outlook. Veeco Instruments CFO insider sale
• Negative Sentiment: Northland Securities lowered its Veeco EPS forecasts across the near- and medium-term outlook. Estimates were cut to $0.32 from $0.44 for Q3 2026, $0.44 from $0.53 for Q4 2026, and $0.95 from $1.10 for full-year 2026. For 2027, forecasts declined to $0.44 from $0.54 in Q1, $0.50 from $0.62 in Q2, $0.57 from $0.71 in Q3, $0.68 from $0.82 in Q4, and $2.21 from $2.69 for the full year.
• Negative Sentiment: Valuation and analyst sentiment remain potential headwinds. VECO trades at a high price-to-earnings ratio, while the average analyst rating is “Hold” and the reported average price target of $49.33 is below the stock’s recent $53.58 opening level. Veeco Instruments analyst ratings

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.