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.

Wall Street Analyst Weigh In

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

Veeco Instruments Price Performance

Shares of VECO traded up $0.67 on Friday, reaching $23.61. The stock had a trading volume of 1,355,508 shares, compared to its average volume of 763,619. The firm has a market capitalization of $1.42 billion, a PE ratio of 23.15 and a beta of 1.12. The company has a quick ratio of 3.02, a current ratio of 5.10 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average of $20.90 and a 200 day moving average of $21.14. Veeco Instruments has a twelve month low of $16.92 and a twelve month high of $38.88.

Veeco Instruments (NASDAQ:VECO - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 7.38% and a net margin of 8.65%. The company's revenue was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.42 EPS. Sell-side analysts expect that Veeco Instruments will post 0.76 EPS for the current year.

Insider Buying and Selling at Veeco Instruments

In related news, SVP Adrian Devasahayam sold 11,010 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $20.50, for a total value of $225,705.00. Following the sale, the senior vice president owned 89,254 shares in the company, valued at $1,829,707. This represents a 10.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veeco Instruments

A number of institutional investors and hedge funds have recently modified their holdings of VECO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Veeco Instruments by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,043 shares of the semiconductor company's stock valued at $664,000 after buying an additional 1,434 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Veeco Instruments by 51.5% during the first quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 10,122 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of 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 worth $3,872,000 after purchasing an additional 27,947 shares during the last quarter. Royal Bank of Canada boosted its holdings 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 worth $2,692,000 after purchasing an additional 30,646 shares during the last quarter. Finally, Woodline Partners LP acquired a new stake in shares of Veeco Instruments during the first quarter worth $618,000. Institutional investors and hedge funds own 98.46% of the company's stock.

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.