Veeco Instruments Inc. (VECO)
NASDAQ: VECO · Real-Time Price · USD
26.59
+0.44 (1.67%)
Nov 21, 2024, 1:01 PM EST - Market open
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 58.50% from the current stock price of 26.59.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 3 | 4 | 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 | +50.45% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $35 → $30 | Hold | Maintains | $35 → $30 | +12.84% | Nov 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +42.93% | Nov 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $39 → $35 | Hold | Maintains | $39 → $35 | +31.65% | Aug 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +57.98% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
725.25M
from 666.44M
Increased by 8.83%
Revenue Next Year
754.50M
from 725.25M
Increased by 4.03%
EPS This Year
1.78
from -0.56
EPS Next Year
1.97
from 1.78
Increased by 10.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 753.0M | 840.1M | 813.5M |
| Avg | 725.3M | 754.5M | 776.6M |
| Low | 695.1M | 694.0M | 733.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.0% | 15.8% | 7.8% |
| Avg | 8.8% | 4.0% | 2.9% |
| Low | 4.3% | -4.3% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.89 | 2.27 | 2.63 |
| Avg | 1.78 | 1.97 | 2.19 |
| Low | 1.68 | 1.61 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 27.5% | 33.0% |
| Avg | - | 11.0% | 11.1% |
| Low | - | -9.7% | -10.7% |
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.