Veeco Instruments Inc. (NASDAQ:VECO) Receives Consensus Rating of “Hold” from Analysts

Veeco Instruments Inc. (NASDAQ:VECO) has received an average recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $28.5714.

A number of analysts have recently commented on VECO shares. Needham & Company LLC lowered shares of Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup raised their target price on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a research note on Wednesday, October 8th. Northland Securities downgraded shares of Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price objective for the company. in a research note on Tuesday, October 7th. Finally, Northland Capmk cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th.

Veeco Instruments Stock Down 3.3%

VECO stock opened at $32.97 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.36 and a quick ratio of 3.62. The stock has a market capitalization of $1.99 billion, a P/E ratio of 39.72 and a beta of 1.17. Veeco Instruments has a fifty-two week low of $16.92 and a fifty-two week high of $35.77. The business has a 50-day moving average of $30.34 and a 200-day moving average of $27.19.

Veeco Instruments (NASDAQ:VECO) last released its earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.28 by $0.08. Veeco Instruments had a return on equity of 6.35% and a net margin of 7.23%.The firm had revenue of $165.88 million for the quarter, compared to analysts’ expectations of $160.49 million. During the same quarter in the previous year, the business posted $0.46 EPS. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. On average, sell-side analysts anticipate that Veeco Instruments will post 0.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $32.00, for a total value of $800,000.00. Following the completion of the transaction, the chief executive officer directly owned 464,543 shares in the company, valued at $14,865,376. This trade represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veeco Instruments

Large investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake in shares of Veeco Instruments by 7.4% in the third quarter. PNC Financial Services Group Inc. now owns 5,111 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 350 shares in the last quarter. CWM LLC lifted its stake in Veeco Instruments by 7.6% in the third quarter. CWM LLC now owns 4,985 shares of the semiconductor company’s stock valued at $152,000 after acquiring an additional 353 shares during the last quarter. Amalgamated Bank lifted its stake in Veeco Instruments by 3.2% in the second quarter. Amalgamated Bank now owns 16,926 shares of the semiconductor company’s stock valued at $344,000 after acquiring an additional 531 shares during the last quarter. Maryland State Retirement & Pension System grew its position in shares of Veeco Instruments by 3.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 17,614 shares of the semiconductor company’s stock valued at $358,000 after acquiring an additional 569 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Veeco Instruments by 9.9% during the 2nd 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. 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.