Veeco Instruments (VECO) Stock Forecast, Price Target & Predictions
VECO Stock Forecast
Veeco Instruments stock forecast is as follows: an average price target of $34.33 (represents a 39.95% upside from VECO’s last price of $24.53) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
VECO Price Target
The average price target for Veeco Instruments (VECO) is $34.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $24.00. This represents a potential 39.95% upside from VECO's last price of $24.53.
VECO Analyst Ratings
According to 5 Wall Street analysts, Veeco Instruments's rating consensus is 'Buy'. The analyst rating breakdown for VECO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Veeco Instruments Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Rich Schafer | Oppenheimer | $55.00 | $47.71 | 15.28% | 124.22% |
| May 15, 2024 | Rich Schafer | Oppenheimer | $45.00 | $39.97 | 12.58% | 83.45% |
| Sep 28, 2022 | Barclays | $24.00 | $18.88 | 27.12% | -2.16% | |
| Aug 09, 2022 | Goldman Sachs | $24.00 | $20.34 | 18.01% | -2.16% | |
| Jul 25, 2022 | Barclays | $26.00 | $20.74 | 25.36% | 5.99% | |
| May 11, 2022 | Goldman Sachs | $28.00 | $21.03 | 33.14% | 14.15% |
The latest Veeco Instruments stock forecast, released on Jun 27, 2024 by Rich Schafer from Oppenheimer, set a price target of $55.00, which represents a 15.28% increase from the stock price at the time of the forecast ($47.71), and a 124.22% increase from VECO last price ($24.53).
Veeco Instruments Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $50.00 |
| Last Closing Price | $24.53 | $24.53 | $24.53 |
| Upside/Downside | -100.00% | -100.00% | 103.83% |
In the current month, the average price target of Veeco Instruments stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Veeco Instruments's last price of $24.53. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | Oppenheimer | Buy | Buy | Hold |
| Jul 15, 2024 | Citigroup | Neutral | Downgrade | |
| Jun 26, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| May 15, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Jan 18, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Jan 13, 2023 | Benchmark | Buy | Buy | Hold |
| Nov 01, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 28, 2022 | Barclays | Overweight | Overweight | Hold |
| Aug 09, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
| Jul 25, 2022 | Barclays | Overweight | Overweight | Hold |
| May 11, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
Veeco Instruments's last stock rating was published by Oppenheimer on Aug 07, 2024. The company gave VECO a "Buy" rating, the same as its previous rate.
Veeco Instruments Financial Forecast
Veeco Instruments Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $177.37M | $161.64M | $153.50M | $153.80M | $171.91M | $164.00M | $156.43M | $152.97M | $150.25M | $146.34M | $133.71M | $138.95M | $112.08M | $98.64M | $104.50M | $113.20M | $108.95M |
| Avg Forecast | $177.00M | $178.00M | $178.00M | $179.00M | $187.50M | $183.22M | $176.11M | $174.34M | $176.91M | $180.57M | $176.03M | $170.64M | $169.13M | $168.15M | $157.89M | $142.28M | $161.45M | $170.79M | $160.91M | $154.95M | $150.97M | $146.07M | $135.76M | $125.68M | $129.39M | $111.64M | $97.83M | $103.41M | $111.08M | $104.37M |
| High Forecast | $181.91M | $182.94M | $182.94M | $183.96M | $192.70M | $188.30M | $180.99M | $175.34M | $179.40M | $180.57M | $176.03M | $175.37M | $173.82M | $172.27M | $162.27M | $146.23M | $166.25M | $170.79M | $160.91M | $154.95M | $150.97M | $146.07M | $135.76M | $125.68M | $129.39M | $111.64M | $97.83M | $103.41M | $111.08M | $104.37M |
| Low Forecast | $171.75M | $172.72M | $172.72M | $173.69M | $181.93M | $177.79M | $170.88M | $173.34M | $174.42M | $180.57M | $176.03M | $165.57M | $164.11M | $165.26M | $153.20M | $138.06M | $157.76M | $170.79M | $160.91M | $154.95M | $150.97M | $146.07M | $135.76M | $125.68M | $129.39M | $111.64M | $97.83M | $103.41M | $111.08M | $104.37M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.02% | 1.08% | 0.95% | 1.01% | 1.02% | 1.01% | 1.01% | 1.03% | 1.08% | 1.06% | 1.07% | 1.00% | 1.01% | 1.01% | 1.02% | 1.04% |
Veeco Instruments's average Quarter revenue forecast for Dec 23 based on 1 analysts is $169.13M, with a low forecast of $164.11M, and a high forecast of $173.82M. VECO's average Quarter revenue forecast represents a -4.65% decrease compared to the company's last Quarter revenue of $177.37M (Sep 23).
Veeco Instruments EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.26M | $13.69M | $11.92M | $15.90M | $24.49M | $19.55M | $22.85M | $20.91M | $22.96M | $19.85M | $16.37M | $13.58M | $14.87M | $5.44M | $13.09M | $-18.35M | $2.38M |
| Avg Forecast | $12.62M | $12.70M | $12.70M | $12.77M | $13.37M | $13.07M | $12.56M | $12.43M | $12.62M | $12.88M | $12.56M | $25.74M | $12.06M | $11.99M | $11.26M | $23.40M | $16.43M | $15.36M | $14.47M | $21.27M | $13.58M | $13.14M | $12.21M | $14.95M | $11.64M | $10.04M | $8.80M | $19.64M | $9.99M | $9.39M |
| High Forecast | $12.97M | $13.05M | $13.05M | $13.12M | $13.74M | $13.43M | $12.91M | $12.51M | $12.80M | $12.88M | $12.56M | $30.88M | $12.40M | $12.29M | $11.57M | $28.08M | $19.72M | $15.36M | $14.47M | $25.52M | $13.58M | $13.14M | $12.21M | $17.94M | $11.64M | $10.04M | $8.80M | $23.56M | $9.99M | $9.39M |
| Low Forecast | $12.25M | $12.32M | $12.32M | $12.39M | $12.98M | $12.68M | $12.19M | $12.36M | $12.44M | $12.88M | $12.56M | $20.59M | $11.70M | $11.79M | $10.93M | $18.72M | $13.15M | $15.36M | $14.47M | $17.02M | $13.58M | $13.14M | $12.21M | $11.96M | $11.64M | $10.04M | $8.80M | $15.71M | $9.99M | $9.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 1.22% | 0.51% | 0.97% | 1.59% | 1.35% | 1.07% | 1.54% | 1.75% | 1.63% | 1.10% | 1.17% | 1.48% | 0.62% | 0.67% | -1.84% | 0.25% |
1 analysts predict VECO's average Quarter EBITDA for Dec 23 to be $12.06M, with a high of $12.40M and a low of $11.70M. This is -45.82% lower than Veeco Instruments's previous annual EBITDA (Sep 23) of $22.26M.
Veeco Instruments Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.57M | $-85.32M | $8.74M | $128.91M | $15.04M | $9.65M | $13.33M | $8.20M | $8.99M | $6.35M | $2.49M | $-101.00K | $580.00K | $-8.30M | $-567.00K | $-32.87M | $-11.77M |
| Avg Forecast | $27.95M | $28.43M | $28.98M | $29.07M | $28.62M | $27.60M | $25.73M | $24.55M | $25.16M | $28.25M | $27.02M | $15.02M | $26.42M | $22.90M | $18.80M | $13.65M | $6.45M | $25.65M | $18.27M | $12.41M | $22.93M | $21.78M | $16.68M | $2.28M | $19.91M | $12.51M | $4.38M | $-850.50K | $5.16M | $-625.35K |
| High Forecast | $28.96M | $29.45M | $30.02M | $30.12M | $29.65M | $28.60M | $26.66M | $26.48M | $26.07M | $28.25M | $27.03M | $18.02M | $27.37M | $24.14M | $19.47M | $16.38M | $7.73M | $25.65M | $18.27M | $14.89M | $22.93M | $21.78M | $16.68M | $2.73M | $19.91M | $12.51M | $4.38M | $-680.40K | $5.16M | $-625.35K |
| Low Forecast | $26.87M | $27.33M | $27.86M | $27.95M | $27.52M | $26.54M | $24.74M | $22.61M | $24.19M | $28.25M | $27.01M | $12.01M | $25.80M | $21.67M | $18.07M | $10.92M | $5.16M | $25.65M | $18.27M | $9.93M | $22.93M | $21.78M | $16.68M | $1.82M | $19.91M | $12.51M | $4.38M | $-1.02M | $5.16M | $-625.35K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | -4.54% | 0.64% | 20.00% | 0.59% | 0.53% | 1.07% | 0.36% | 0.41% | 0.38% | 1.10% | -0.01% | 0.05% | -1.90% | 0.67% | -6.37% | 18.82% |
Veeco Instruments's average Quarter net income forecast for Dec 23 is $26.42M, with a range of $25.80M to $27.37M. VECO's average Quarter net income forecast represents a 7.51% increase compared to the company's last Quarter net income of $24.57M (Sep 23).
Veeco Instruments SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.81M | $23.82M | $22.63M | $20.96M | $22.14M | $22.95M | $22.89M | $21.21M | $21.60M | $21.47M | $20.25M | $20.71M | $19.41M | $17.82M | $18.30M | $19.13M | $20.96M |
| Avg Forecast | $27.61M | $27.76M | $27.76M | $27.92M | $29.24M | $28.58M | $27.47M | $27.19M | $27.59M | $28.16M | $27.46M | $25.79M | $26.38M | $26.23M | $24.63M | $23.45M | $16.67M | $26.58M | $25.04M | $21.32M | $23.50M | $22.73M | $21.13M | $18.49M | $20.14M | $17.38M | $15.23M | $27.46M | $17.29M | $16.24M |
| High Forecast | $28.37M | $28.53M | $28.53M | $28.69M | $30.06M | $29.37M | $28.23M | $27.35M | $27.98M | $28.16M | $27.46M | $30.95M | $27.11M | $26.87M | $25.31M | $28.14M | $20.00M | $26.58M | $25.04M | $25.58M | $23.50M | $22.73M | $21.13M | $22.19M | $20.14M | $17.38M | $15.23M | $32.95M | $17.29M | $16.24M |
| Low Forecast | $26.79M | $26.94M | $26.94M | $27.09M | $28.38M | $27.73M | $26.65M | $27.04M | $27.20M | $28.16M | $27.46M | $20.63M | $25.60M | $25.77M | $23.90M | $18.76M | $13.33M | $26.58M | $25.04M | $17.05M | $23.50M | $22.73M | $21.13M | $14.79M | $20.14M | $17.38M | $15.23M | $21.96M | $17.29M | $16.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.97% | 0.97% | 1.26% | 0.83% | 0.92% | 1.07% | 0.90% | 0.95% | 1.02% | 1.10% | 1.03% | 1.12% | 1.17% | 0.67% | 1.11% | 1.29% |
Veeco Instruments's average Quarter SG&A projection for Dec 23 is $26.38M, based on 1 Wall Street analysts, with a range of $25.60M to $27.11M. The forecast indicates a 15.63% rise compared to VECO last annual SG&A of $22.81M (Sep 23).
Veeco Instruments EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.44 | $-1.61 | $0.17 | $2.58 | $0.30 | $0.19 | $0.27 | $0.17 | $0.18 | $0.13 | $0.05 | $-0.00 | $0.01 | $-0.17 | $-0.01 | $-0.69 | $-0.25 |
| Avg Forecast | $0.45 | $0.45 | $0.46 | $0.46 | $0.46 | $0.44 | $0.41 | $0.39 | $0.40 | $0.45 | $0.43 | $0.41 | $0.42 | $0.37 | $0.30 | $0.20 | $0.32 | $0.41 | $0.29 | $0.35 | $0.37 | $0.35 | $0.27 | $0.23 | $0.32 | $0.20 | $0.07 | $0.06 | $0.08 | $-0.01 |
| High Forecast | $0.46 | $0.47 | $0.48 | $0.48 | $0.47 | $0.46 | $0.43 | $0.42 | $0.42 | $0.45 | $0.43 | $0.41 | $0.44 | $0.39 | $0.31 | $0.21 | $0.33 | $0.41 | $0.29 | $0.35 | $0.37 | $0.35 | $0.27 | $0.23 | $0.32 | $0.20 | $0.07 | $0.06 | $0.08 | $-0.01 |
| Low Forecast | $0.43 | $0.44 | $0.44 | $0.45 | $0.44 | $0.42 | $0.39 | $0.36 | $0.39 | $0.45 | $0.43 | $0.41 | $0.41 | $0.35 | $0.29 | $0.19 | $0.31 | $0.41 | $0.29 | $0.35 | $0.37 | $0.35 | $0.27 | $0.23 | $0.32 | $0.20 | $0.07 | $0.06 | $0.08 | $-0.01 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | -5.37% | 0.84% | 8.02% | 0.73% | 0.65% | 0.76% | 0.46% | 0.52% | 0.49% | 0.22% | -0.01% | 0.05% | -2.43% | -0.17% | -8.36% | 25.00% |
According to 1 Wall Street analysts, Veeco Instruments's projected average Quarter EPS for Dec 23 is $0.42, with a low estimate of $0.41 and a high estimate of $0.44. This represents a -4.17% decrease compared to VECO previous annual EPS of $0.44 (Sep 23).