Veeco Instruments (VECO) to Release 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 expected to be posting its Q2 2025 quarterly earnings results 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 released its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.05. The company had revenue of $167.29 million during the quarter, compared to analyst estimates of $166.00 million. Veeco Instruments had a net margin of 8.99% and a return on equity of 8.29%. The business's quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 earnings per share. 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 Stock Down 1.6%

VECO traded down $0.34 during trading hours on Friday, reaching $20.44. 680,331 shares of the stock traded hands, compared to its average volume of 719,322. The firm's fifty day simple moving average is $20.68 and its two-hundred day simple moving average is $21.37. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 19.10 and a beta of 1.10. Veeco Instruments has a fifty-two week low of $16.92 and a fifty-two week high of $38.88. The company has a debt-to-equity ratio of 0.31, a current ratio of 4.44 and a quick ratio of 3.02.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Veeco Instruments

In other Veeco Instruments news, SVP Adrian Devasahayam sold 11,010 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $20.50, for a total transaction of $225,705.00. Following the completion of the sale, the senior vice president directly owned 89,254 shares of the company's stock, valued at approximately $1,829,707. The trade was 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. 2.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Veeco Instruments

Several hedge funds have recently made changes to their positions in VECO. AQR Capital Management LLC increased its position 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 worth $598,000 after buying an additional 10,122 shares during the period. Woodline Partners LP bought a new stake in Veeco Instruments in the first quarter worth approximately $618,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 worth $664,000 after purchasing an additional 1,434 shares during the period. Royal Bank of Canada grew its holdings in 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 buying an additional 30,646 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 worth $3,872,000 after buying an additional 27,947 shares in the last quarter. 98.46% of the stock is 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.