Veeco Instruments Inc. (VECO)
NASDAQ: VECO · Real-Time Price · USD
21.30
-0.10 (-0.47%)
Mar 13, 2025, 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 32.43, with a low estimate of 25 and a high estimate of 47. The average target predicts an increase of 52.25% from the current stock price of 21.30.

Analyst Consensus: Buy
Target Low Average Median High
Price $25 $32.43 $30 $47
Change +17.37% +52.25% +40.85% +120.66%

Analyst Ratings

The average analyst rating for Veeco Instruments 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 222333
Buy 222222
Hold 333222
Sell 000000
Strong Sell 000000
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$33$30
Strong Buy Maintains $33$30 +40.85% Feb 13, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$38$31
Strong Buy Maintains $38$31 +45.54% Feb 13, 2025
Needham
Needham
Strong Buy
Maintains
$35$29
Strong Buy Maintains $35$29 +36.15% Feb 13, 2025
Barclays
Barclays
Hold
Maintains
$30$25
Hold Maintains $30$25 +17.37% Feb 13, 2025
Oppenheimer
Oppenheimer
Buy
Reiterates
$40$35
Buy Reiterates $40$35 +64.32% Feb 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
699.72M
from 717.30M
Decreased by -2.45%
Revenue Next Year
760.16M
from 699.72M
Increased by 8.64%
EPS This Year
1.44
from 1.23
Increased by 17.30%
EPS Next Year
1.74
from 1.44
Increased by 20.43%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
454.16M583.28M646.14M666.44M717.30M699.72M760.16M827.38M
Revenue Growth
8.30%28.43%10.78%3.14%7.63%-2.45%8.64%8.84%
EPS
-0.170.492.71-0.561.231.441.742.01
EPS Growth
--453.00%--17.30%20.43%15.64%
Forward PE
-----14.7612.2610.60
No. Analysts -----983
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 753.9M 871.5M 851.7M
Avg 699.7M 760.2M 827.4M
Low 651.7M 662.5M 794.9M

Revenue Growth

Revenue Growth 202520262027
High
5.1%
24.5%
12.0%
Avg
-2.5%
8.6%
8.8%
Low
-9.1%
-5.3%
4.6%

EPS Forecast

EPS 202520262027
High 1.68 2.10 2.07
Avg 1.44 1.74 2.01
Low 1.27 1.37 1.93

EPS Growth

EPS Growth 202520262027
High
36.9%
45.6%
19.0%
Avg
17.3%
20.4%
15.6%
Low
3.6%
-4.9%
11.1%
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.