VECO

Veeco Instruments' stock has been impacted by several key events in the past six months. In October 2025, Veeco announced a merger with Axcelis Technologies, which has been approved by shareholders of both companies and has received all regulatory approvals except for antitrust approval in China, with the transaction still expected to close in the second half of 2026. Veeco's stock has shown significant growth, with a 158.75% change over the past year and reaching a new 52-week high of $65.43 in May 2026. The company reported its first-quarter 2026 financial results on May 5, 2026, showing lower sales and earnings compared to the previous year. Veeco disclosed over $250 million in equipment orders for indium-phosphide laser manufacturing, signaling meaningful near-term revenue visibility and stronger aftermarket demand, with shipments starting in 2026 and ramping in 2027. Management reaffirmed its full-year 2026 EPS guidance of $1.50–$1.85 and revenue guidance of $740–$800 million.