Veeco Instruments (VECO) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Veeco Instruments is set to announce its Q2 2025 earnings on August 6, expecting an earnings per share (EPS) of $0.22 and revenue of $151.31 million.
• In its last report on May 7, Veeco topped analysts' EPS estimates of $0.32, achieving $0.37, but experienced a revenue decline of 4.1% year-over-year.
• Analysts have adjusted their price targets for Veeco, with Barclays lowering it from $22 to $21 and Goldman Sachs from $27 to $20, while the average price target remains at $30.43.

Veeco Instruments (NASDAQ:VECO - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Wednesday, August 6th. Analysts expect Veeco Instruments to post earnings of $0.22 per share and revenue of $151.31 million for the quarter. Veeco Instruments has set its Q2 2025 guidance at 0.120-0.320 EPS.

Veeco Instruments (NASDAQ:VECO - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05. Veeco Instruments had a net margin of 8.99% and a return on equity of 8.29%. The firm had revenue of $167.29 million during the quarter, compared to analysts' expectations of $166.00 million. During the same period in the prior year, the company posted $0.45 EPS. The company's revenue was down 4.1% on a year-over-year basis. On average, analysts expect Veeco Instruments to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Veeco Instruments Trading Down 1.6%

NASDAQ VECO traded down $0.34 on Friday, hitting $20.44. The company's stock had a trading volume of 680,356 shares, compared to its average volume of 562,454. The company has a quick ratio of 3.02, a current ratio of 4.44 and a debt-to-equity ratio of 0.31. Veeco Instruments has a 1-year low of $16.92 and a 1-year high of $38.88. The company's 50-day moving average is $20.71 and its 200 day moving average is $21.33. The firm has a market cap of $1.23 billion, a PE ratio of 19.10 and a beta of 1.12.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on VECO shares. Barclays dropped their price objective on shares of Veeco Instruments from $22.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. The Goldman Sachs Group lowered their target price on shares of Veeco Instruments from $27.00 to $20.00 and set a "neutral" rating for the company in a report on Friday, May 9th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.43.

Insider Transactions at Veeco Instruments

In related news, SVP Adrian Devasahayam sold 11,010 shares of the company's stock in a transaction 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 sale, the senior vice president owned 89,254 shares of the company's stock, valued at $1,829,707. This represents a 10.98% 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 insiders.

Hedge Funds Weigh In On Veeco Instruments

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in Veeco Instruments by 51.5% during the 1st quarter. AQR Capital Management LLC now owns 29,785 shares of the semiconductor company's stock valued at $598,000 after purchasing an additional 10,122 shares during the last quarter. Woodline Partners LP purchased a new stake in Veeco Instruments in the 1st quarter valued at about $618,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Veeco Instruments by 4.5% in 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 period. Royal Bank of Canada boosted its position in Veeco Instruments by 29.6% in the 1st quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company's stock valued at $2,692,000 after buying an additional 30,646 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Veeco Instruments by 17.0% in the 1st 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 during the period. 98.46% of the stock is currently owned by institutional investors.

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.