▼ -3.69% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Veeco Instruments in the last 3 months. The average price target is $20.50, with a high forecast of $25.00 and a low forecast of $18.00. The average price target represents a -3.69% upside from the last price of $21.29.
The current consensus among 6 polled investment analysts is to buy stock in Veeco Instruments. This Buy consensus rating has held steady for over two years.
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. It offers ion beam deposition and etch systems, laser annealing systems, metal organic chemical vapor deposition systems, packaging lithography equipment; single wafer wet etch and clean systems; molecular beam epitaxy systems; and atomic layer deposition and other deposition systems. The company sells its process equipment systems for use in the production of a range of microelectronic components, including radio frequency filters and amplifiers, power electronics, thin film magnetic heads, laser diodes, 3D NAND, DRAM, logic, mini-and micro-LEDs, micro-electro mechanical systems, and other semiconductor devices, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.