Analyst Price Target is $30.83
▲ +33.48% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Veeco Instruments in the last 3 months. The average price target is $30.83, with a high forecast of $35.00 and a low forecast of $24.00. The average price target represents a 33.48% upside from the last price of $23.10.
Current Consensus is
The current consensus among 4 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. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.