Veeco Instruments (NASDAQ:VECO) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Shares of Veeco Instruments Inc. (NASDAQ:VECO) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $46.11 and traded as high as $53.60. Veeco Instruments shares last traded at $51.66, with a volume of 622,483 shares traded.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VECO. Zacks Research lowered Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Barclays boosted their price target 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. Weiss Ratings upgraded shares of Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 30th. Citigroup raised 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, Wall Street Zen raised shares of Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $40.60.

Veeco Instruments Stock Performance

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 capitalization of $3.15 billion, a P/E ratio of 135.95 and a beta of 1.34. The business has a 50 day moving average of $62.84 and a 200-day moving average of $46.11.

Veeco Instruments (NASDAQ:VECO) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.06). Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The company 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 earned $0.37 EPS. The firm’s revenue for the quarter 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, sell-side analysts predict that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.

Insider Transactions at Veeco Instruments

In related news, CEO William John Miller sold 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $58.62, for a total transaction of $2,931,000.00. Following the sale, the chief executive officer owned 369,570 shares of the company’s stock, valued at approximately $21,664,193.40. This represents a 11.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan Wilkerson sold 15,506 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $69.56, for a total transaction of $1,078,597.36. Following the completion of the sale, the senior vice president owned 27,468 shares in the company, valued at $1,910,674.08. This represents a 36.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 339,055 shares of company stock valued at $20,705,270. Company insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Tema ETFs LLC purchased a new stake in shares of Veeco Instruments in the second quarter worth $33,000. Smartleaf Asset Management LLC increased its stake in Veeco Instruments by 75.6% in 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. Rockefeller Capital Management L.P. increased its stake in Veeco Instruments by 125.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after acquiring an additional 1,370 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Veeco Instruments in the 4th quarter valued at about $77,000. Finally, PVG Asset Management Corp purchased a new stake in shares of Veeco Instruments in the 1st quarter valued at about $84,000. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

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.