Veeco Instruments (NASDAQ:VECO) Updates Q3 2025 Earnings Guidance

Key Points

• Veeco Instruments updated its Q3 2025 earnings guidance, projecting earnings per share between 0.200 and 0.350 and revenue of $150.0 million to $170.0 million, which is below consensus estimates.
• Goldman Sachs and Barclays have reduced their price targets for Veeco Instruments to $20.00 and $21.00 respectively, indicating a cautious outlook on the stock.
• Insider activity includes the sale of 11,010 shares by SVP Adrian Devasahayam at a price of $20.50, reducing their overall position by approximately 10.98%.

Veeco Instruments (NASDAQ:VECO - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.200-0.350 for the period, compared to the consensus EPS estimate of 0.277. The company issued revenue guidance of $150.0 million-$170.0 million, compared to the consensus revenue estimate of $159.8 million.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group dropped their target price on shares of Veeco Instruments from $27.00 to $20.00 and set a "neutral" rating on the stock in a report on Friday, May 9th. Needham & Company LLC lifted their price target on shares of Veeco Instruments from $29.00 to $30.00 and gave the stock a "buy" rating in a report on Thursday. Barclays dropped their target price on shares of Veeco Instruments from $22.00 to $21.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th. Finally, Benchmark decreased their price target on shares of Veeco Instruments from $31.00 to $28.00 and set a "buy" rating for the company in a research note on Thursday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Veeco Instruments has an average rating of "Moderate Buy" and an average price target of $27.33.

Veeco Instruments Stock Up 0.2%

Shares of NASDAQ:VECO traded up $0.05 on Monday, hitting $23.66. 423,084 shares of the company traded hands, compared to its average volume of 736,815. Veeco Instruments has a 52 week low of $16.92 and a 52 week high of $38.88. The company has a market cap of $1.42 billion, a PE ratio of 23.19 and a beta of 1.12. The stock has a 50 day simple moving average of $20.90 and a 200-day simple moving average of $21.06. The company has a quick ratio of 3.43, a current ratio of 5.10 and a debt-to-equity ratio of 0.26.

Veeco Instruments (NASDAQ:VECO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.14. The business had revenue of $166.10 million for the quarter, compared to analysts' expectations of $151.31 million. Veeco Instruments had a net margin of 8.65% and a return on equity of 7.38%. The company's revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 EPS. As a group, research analysts expect that Veeco Instruments will post 0.76 earnings per share for the current year.

Insider Transactions at Veeco Instruments

In other Veeco Instruments news, SVP Adrian Devasahayam sold 11,010 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $20.50, for a total transaction of $225,705.00. Following the transaction, the senior vice president owned 89,254 shares in the company, valued at approximately $1,829,707. This represents a 10.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Veeco Instruments

Institutional investors have recently made changes to their positions in the stock. Millennium Management LLC grew its stake in shares of Veeco Instruments by 148.0% during the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company's stock worth $9,526,000 after purchasing an additional 283,099 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Veeco Instruments by 17.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 192,818 shares of the semiconductor company's stock valued at $3,872,000 after buying an additional 27,947 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Veeco Instruments by 29.6% during the first quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company's stock valued at $2,692,000 after purchasing an additional 30,646 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Veeco Instruments by 4.5% during 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. Finally, Woodline Partners LP bought a new stake in shares of Veeco Instruments in the first quarter worth $618,000. 98.46% of the stock is currently owned by institutional investors and hedge funds.

About Veeco Instruments

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.