Veeco Instruments (NASDAQ:VECO) Upgraded at Wall Street Zen

Posted by Francis Steltz on Sep 15th, 2026

Wall Street Zen upgraded shares of Veeco Instruments (NASDAQ:VECO – Free Report) from a buy rating to a strong-buy rating in a research report report published on Saturday,Wall Street Zen reports.

VECO has been the subject of several other reports. Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Citigroup lifted their price objective on Veeco Instruments from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, Barclays lifted their price target on shares of Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Veeco Instruments has a consensus rating of “Hold” and a consensus target price of $49.33.

Read Our Latest Stock Analysis on VECO

Veeco Instruments Price Performance

Shares of Veeco Instruments stock opened at $40.90 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.93 and a quick ratio of 2.69. Veeco Instruments has a one year low of $25.35 and a one year high of $86.63. The business’s 50 day simple moving average is $49.68 and its two-hundred day simple moving average is $50.23. The stock has a market capitalization of $2.50 billion, a P/E ratio of 113.61 and a beta of 1.37.

Veeco Instruments (NASDAQ:VECO – Get Free Report) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.07. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.52%. The firm had revenue of $193.48 million for the quarter, compared to analysts’ expectations of $180.08 million. During the same quarter last year, the business earned $0.20 earnings per share. The business’s revenue was up 16.5% on a year-over-year basis. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. Analysts forecast that Veeco Instruments will post 0.95 EPS for the current year.

Insider Activity

In related news, CFO John Kiernan sold 35,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $51.05, for a total transaction of $1,786,750.00. Following the completion of the sale, the chief financial officer owned 68,802 shares of the company’s stock, valued at $3,512,342.10. This trade represents a 33.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William Miller sold 200,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $54.18, for a total value of $10,836,000.00. Following the sale, the chief executive officer directly owned 169,570 shares in the company, valued at $9,187,302.60. This trade represents a 54.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Veeco Instruments

Institutional investors and hedge funds have recently made changes to their positions in the business. Tema ETFs LLC bought a new position in Veeco Instruments in the second quarter worth approximately $33,000. Allworth Financial LP purchased a new stake in shares of Veeco Instruments in the 2nd quarter worth $39,000. Royal Bank of Canada raised its holdings in Veeco Instruments by 0.7% in the 1st quarter. Royal Bank of Canada now owns 97,050 shares of the semiconductor company’s stock worth $3,286,000 after purchasing an additional 632 shares during the period. Nykredit A S bought a new position in Veeco Instruments in the 2nd quarter worth $49,000. Finally, Quantbot Technologies LP bought a new position in Veeco Instruments in the 2nd quarter worth $69,000. Hedge funds and other institutional investors own 98.46% of the company’s stock.

About Veeco Instruments

(Get Free Report)

Veeco Instruments Inc develops and manufactures specialized equipment used in the production of semiconductors and other advanced electronic components. Its systems support processes such as thin-film deposition, etching, lithography-related applications, and thermal processing, helping manufacturers create and refine microscopic structures on wafers and other materials.

The company’s product portfolio includes metal-organic chemical vapor deposition systems for compound semiconductors, ion beam etch and deposition equipment, laser annealing systems, and other wafer-processing technologies.