Veeco Instruments Inc. (VECO)
NASDAQ: VECO · Real-Time Price · USD
26.84
-0.75 (-2.72%)
Dec 20, 2024, 4:00 PM EST - Market closed
Veeco Instruments Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Veeco Instruments stock have an average target of 42.14, with a low estimate of 30 and a high estimate of 55. The average target predicts an increase of 57.00% from the current stock price of 26.84.
Analyst Consensus: Buy
* Price targets were last updated on Nov 7, 2024.
Analyst Ratings
The average analyst rating for VECO stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $45 → $40 | Buy | Maintains | $45 → $40 | +49.03% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $35 → $30 | Hold | Maintains | $35 → $30 | +11.77% | Nov 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +41.58% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $39 → $35 | Hold | Maintains | $39 → $35 | +30.40% | Aug 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +56.48% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
725.25M
from 666.44M
Increased by 8.83%
Revenue Next Year
744.74M
from 725.25M
Increased by 2.69%
EPS This Year
1.75
from -0.56
EPS Next Year
1.73
from 1.75
Decreased by -1.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 753.0M | 840.1M | 929.3M |
| Avg | 725.3M | 744.7M | 818.6M |
| Low | 695.1M | 651.7M | 733.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.0% | 15.8% | 24.8% |
| Avg | 8.8% | 2.7% | 9.9% |
| Low | 4.3% | -10.1% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.85 | 1.99 | 2.31 |
| Avg | 1.75 | 1.73 | 2.01 |
| Low | 1.66 | 1.53 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.7% | 33.3% |
| Avg | - | -1.2% | 16.1% |
| Low | - | -12.9% | 1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.