Veeco Instruments Inc. (NASDAQ:VECO) Receives Average Recommendation of “Hold” from Analysts

Shares of Veeco Instruments Inc. (NASDAQ:VECO) have been assigned an average rating of “Hold” from the nine research firms that are covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $28.5714.

Several equities research analysts have recently commented on the stock. Needham & Company LLC cut shares of Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, October 8th. Citigroup raised their price objective on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Northland Capmk lowered shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. Finally, Northland Securities downgraded Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price target on the stock. in a research note on Tuesday, October 7th.

Insider Buying and Selling

In other Veeco Instruments news, CEO William John Miller sold 25,000 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $32.00, for a total value of $800,000.00. Following the transaction, the chief executive officer owned 464,543 shares of the company’s stock, valued at approximately $14,865,376. This represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.40% of the company’s stock.

Institutional Trading of Veeco Instruments

Institutional investors and hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC boosted its stake in Veeco Instruments by 75.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 1,019 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Veeco Instruments by 49,728.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,488 shares of the semiconductor company’s stock valued at $71,000 after purchasing an additional 3,481 shares in the last quarter. Signaturefd LLC lifted its stake in Veeco Instruments by 42.2% in the second quarter. Signaturefd LLC now owns 4,465 shares of the semiconductor company’s stock valued at $91,000 after buying an additional 1,326 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Veeco Instruments in the 3rd quarter worth $91,000. Finally, CWM LLC boosted its stake in 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 purchasing an additional 3,554 shares during the period. 98.46% of the stock is owned by institutional investors.

Veeco Instruments Trading Down 3.3%

Shares of VECO opened at $32.97 on Friday. The company has a quick ratio of 3.62, a current ratio of 5.36 and a debt-to-equity ratio of 0.26. Veeco Instruments has a 12-month low of $16.92 and a 12-month high of $35.77. The firm has a market capitalization of $1.99 billion, a PE ratio of 39.72 and a beta of 1.17. The stock’s fifty day simple moving average is $30.34 and its 200-day simple moving average is $27.19.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. The firm had revenue of $165.88 million during the quarter, compared to analyst estimates of $160.49 million. Veeco Instruments had a return on equity of 6.35% and a net margin of 7.23%.The company’s revenue was down 10.2% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. As a group, research analysts predict that Veeco Instruments will post 0.76 earnings per share for the current year.

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.