What is Northland Securities’ Estimate for VECO Q3 Earnings?

Veeco Instruments Inc. (NASDAQ:VECO) – Research analysts at Northland Securities decreased their Q3 2026 earnings estimates for shares of Veeco Instruments in a research report issued on Thursday, August 6th. Northland Securities analyst G. Richard now anticipates that the semiconductor company will earn $0.32 per share for the quarter, down from their previous forecast of $0.44. The consensus estimate for Veeco Instruments’ current full-year earnings is $0.95 per share. Northland Securities also issued estimates for Veeco Instruments’ Q4 2026 earnings at $0.44 EPS, FY2026 earnings at $0.95 EPS, Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.68 EPS and FY2027 earnings at $2.21 EPS.

Other equities analysts have also recently issued reports about the company. Wall Street Zen upgraded Veeco Instruments from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings raised shares of Veeco Instruments from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Barclays upped their price objective on Veeco Instruments from $30.00 to $55.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Citigroup increased their target price on shares of Veeco Instruments from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Veeco Instruments has a consensus rating of “Hold” and a consensus price target of $49.33.

Veeco Instruments Stock Up 0.6%

Shares of VECO opened at $53.58 on Friday. Veeco Instruments has a 12 month low of $23.31 and a 12 month high of $86.63. The company has a current ratio of 3.93, a quick ratio of 2.69 and a debt-to-equity ratio of 0.25. The stock’s 50-day moving average price is $60.41 and its two-hundred day moving average price is $47.92. The company has a market capitalization of $3.28 billion, a PE ratio of 148.83 and a beta of 1.38.

Veeco Instruments (NASDAQ:VECO) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.07. The business had revenue of $193.48 million during the quarter, compared to analysts’ expectations of $180.08 million. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.52%. The business’s revenue was up 16.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 EPS. 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.

Hedge Funds Weigh In On Veeco Instruments

A number of hedge funds have recently bought and sold shares of VECO. Royal Bank of Canada boosted its holdings in Veeco Instruments by 29.6% in the first quarter. Royal Bank of Canada now owns 134,088 shares of the semiconductor company’s stock worth $2,692,000 after purchasing an additional 30,646 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of 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 during the period. Millennium Management LLC increased its position in shares of 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 during the last quarter. Finally, Woodline Partners LP bought a new position in shares of Veeco Instruments in the 1st quarter worth approximately $618,000. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Insider Buying and Selling at Veeco Instruments

In related news, CFO John P. Kiernan sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $51.05, for a total transaction of $1,786,750.00. Following the completion of the transaction, the chief financial officer owned 68,802 shares in the company, valued at $3,512,342.10. This 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 through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gordon Hunter sold 17,714 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $61.61, for a total value of $1,091,359.54. Following the completion of the transaction, the director owned 34,962 shares of the company’s stock, valued at approximately $2,154,008.82. The trade was a 33.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 193,076 shares of company stock worth $11,674,281 over the last three months. 2.70% of the stock is owned by corporate insiders.

Veeco Instruments News Summary

Here are the key news stories impacting Veeco Instruments this week:

• Positive Sentiment: Veeco’s latest quarterly results were stronger than expected: earnings were $0.33 per share versus the $0.26 consensus estimate, while revenue of $193.48 million exceeded expectations of $180.08 million and increased 16.5% year over year. Veeco Instruments financial information
• Neutral Sentiment: Veeco CFO John Kiernan sold 35,000 shares for approximately $1.79 million, reducing his direct ownership by 33.72%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which may lessen its significance as a discretionary signal about management’s outlook. Veeco Instruments CFO insider sale
• Negative Sentiment: Northland Securities lowered its Veeco EPS forecasts across the near- and medium-term outlook. Estimates were cut to $0.32 from $0.44 for Q3 2026, $0.44 from $0.53 for Q4 2026, and $0.95 from $1.10 for full-year 2026. For 2027, forecasts declined to $0.44 from $0.54 in Q1, $0.50 from $0.62 in Q2, $0.57 from $0.71 in Q3, $0.68 from $0.82 in Q4, and $2.21 from $2.69 for the full year.
• Negative Sentiment: Valuation and analyst sentiment remain potential headwinds. VECO trades at a high price-to-earnings ratio, while the average analyst rating is “Hold” and the reported average price target of $49.33 is below the stock’s recent $53.58 opening level. Veeco Instruments analyst ratings

About Veeco Instruments

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.