Veeco Instruments (VECO) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.36
- Estimate
- $0.43
- Surprise
- -15.7%
- Revenue (period 2026-09-30)
- $209.4M
- Score today
- 4.7/10
Revenue source: xbrl.
How the report landed
Veeco Instruments (VECO) missed the $0.43 estimate with adjusted EPS of $0.36 — a large 15.7% shortfall.
Coverage in the report window
- Veeco Instruments Lowers FY2026 GAAP EPS Guidance from $0.78-$1.02 to $0.72-$0.92 vs $0.90 Est — benzinga, 2026-11-04
- Veeco Instruments Lowers FY2026 Adj EPS Guidance from $1.36-$1.61 to $1.32-$1.52 vs $1.51 Est; Raises FY2026 Sales Guida — benzinga, 2026-11-04
Where TrendMatrix's rating stands now
TrendMatrix currently rates VECO Sell at 4.7/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -15.7% surprise compares with a -11.7% four-quarter average. Next scheduled report: 2027-02-24.
What supports the rating
- Analyst upside: 42%
What argues against it
- Concentration risk — Geographic: non-U.S. customers (85.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $36.78
- Price target
- $52.13
- Stop
- $34.21
- Upside to target
- +41.7%
- Reward-to-risk
- 2.8:1
The stock trades at 81.1× trailing but 11.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
VECO at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $2.03B
- P/E (fwd)
- 11.4
- P/E (ttm)
- 81.1
- 52-week range
- $26.00–$86.63
- Off 52-week high
- 57.5%
- RSI (14)
- 37
- Volume vs avg
- 0.34×
- Score today
- 4.7/10