Veeco Instruments (NASDAQ:VECO) Shares Down 6.8% – What’s Next?

Posted by George Bondi on Jun 16th, 2026

Veeco Instruments Inc. (NASDAQ:VECO – Get Free Report) was down 6.8% during mid-day trading on Tuesday . The stock traded as low as $76.02 and last traded at $77.3780. Approximately 967,479 shares were traded during trading, a decline of 22% from the average daily volume of 1,233,822 shares. The stock had previously closed at $83.04.

Analysts Set New Price Targets

Several analysts recently issued reports on VECO shares. Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 6th. Barclays upped their price objective on shares of Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Zacks Research raised shares of Veeco Instruments from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citigroup upped their price objective on shares of Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Veeco Instruments in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Veeco Instruments currently has a consensus rating of “Hold” and a consensus target price of $40.60.

Read Our Latest Stock Analysis on VECO

Veeco Instruments Price Performance

The stock has a 50-day simple moving average of $54.27 and a 200 day simple moving average of $39.46. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.86 and a current ratio of 4.23. The company has a market cap of $4.70 billion, a P/E ratio of 203.12 and a beta of 1.39.

Veeco Instruments (NASDAQ:VECO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The firm had revenue of $158.34 million during the quarter, compared to the consensus estimate of $160.07 million. During the same quarter in the prior year, the business posted $0.37 EPS. Veeco Instruments’s revenue was down 5.4% compared to the same quarter last year. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. On average, equities analysts expect that Veeco Instruments Inc. will post 1.1 EPS for the current year.

Insider Buying and Selling

In other news, CEO William John Miller sold 100,000 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $59.55, for a total value of $5,955,000.00. Following the completion of the transaction, the chief executive officer owned 419,570 shares in the company, valued at approximately $24,985,393.50. This represents a 19.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gordon Hunter sold 29,532 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the completion of the transaction, the director owned 52,676 shares of the company’s stock, valued at approximately $3,129,481.16. This represents a 35.92% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 339,055 shares of company stock worth $20,705,270. Insiders own 2.70% of the company’s stock.

Hedge Funds Weigh In On Veeco Instruments

A number of hedge funds have recently made changes to their positions in VECO. Royal Bank of Canada raised its stake in shares of 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 in the last quarter. AQR Capital Management LLC lifted 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 purchasing an additional 1,434 shares in the last quarter. Millennium Management LLC increased its holdings in Veeco Instruments by 148.0% during the 1st quarter. Millennium Management LLC now owns 474,415 shares of the semiconductor company’s stock valued at $9,526,000 after purchasing an additional 283,099 shares in the last quarter. Finally, Woodline Partners LP acquired a new stake in Veeco Instruments during the 1st quarter valued at $618,000. Institutional investors and hedge funds own 98.46% of the company’s stock.

About Veeco Instruments

(Get Free Report)

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.