Northland Securities Has Weak Outlook for VECO Q2 Earnings

Veeco Instruments Inc. (NASDAQ:VECO) – Stock analysts at Northland Securities reduced their Q2 2026 earnings estimates for Veeco Instruments in a research note issued on Thursday, February 26th. Northland Securities analyst G. Richard now expects that the semiconductor company will post earnings per share of $0.15 for the quarter, down from their previous estimate of $0.19. The consensus estimate for Veeco Instruments’ current full-year earnings is $0.76 per share. Northland Securities also issued estimates for Veeco Instruments’ Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at $1.17 EPS.

Other equities analysts also recently issued reports about the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Veeco Instruments in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Finally, Citigroup upped their price target on Veeco Instruments from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $28.17.

Veeco Instruments Trading Down 0.4%

Shares of VECO opened at $30.56 on Monday. The stock has a market capitalization of $1.85 billion, a P/E ratio of 51.80 and a beta of 1.17. Veeco Instruments has a twelve month low of $16.92 and a twelve month high of $35.77. The company has a quick ratio of 3.20, a current ratio of 4.75 and a debt-to-equity ratio of 0.26. The firm has a fifty day simple moving average of $31.21 and a two-hundred day simple moving average of $29.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,019 shares during the period. Johnson Financial Group Inc. bought a new stake in shares of Veeco Instruments during the 3rd quarter valued at $91,000. Hantz Financial Services Inc. grew its position in shares of Veeco Instruments by 49,728.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock worth $71,000 after buying an additional 3,481 shares during the period. Global Retirement Partners LLC grew its position in shares of Veeco Instruments by 16,961.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock worth $102,000 after buying an additional 3,562 shares during the period. Finally, CWM LLC increased its stake in shares of Veeco Instruments by 329.7% in the 2nd quarter. CWM LLC now owns 4,632 shares of the semiconductor company’s stock worth $94,000 after acquiring an additional 3,554 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Insider Activity

In related news, CEO William John Miller sold 25,000 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $32.00, for a total transaction of $800,000.00. Following the transaction, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. The trade was a 5.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.30% of the stock is owned by corporate insiders.

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.