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Veeco Instruments Inc has a consensus price target of $38.25 based on the ratings of 8 analysts. The high is $55 issued by Needham on August 7, 2024. The low is $28 issued by Barclays on August 8, 2023. The 3 most-recent analyst ratings were released by Citigroup, Oppenheimer, and Goldman Sachs on January 6, 2025, November 7, 2024, and November 7, 2024, respectively. With an average price target of $34.33 between Citigroup, Oppenheimer, and Goldman Sachs, there's an implied 45.05% upside for Veeco Instruments Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Veeco Instruments (NASDAQ:VECO) was reported by Citigroup on January 6, 2025. The analyst firm set a price target for $33.00 expecting VECO to rise to within 12 months (a possible 39.42% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Veeco Instruments (NASDAQ:VECO) was provided by Citigroup, and Veeco Instruments upgraded their buy rating.
The last upgrade for Veeco Instruments Inc happened on January 6, 2025 when Citigroup raised their price target to $33. Citigroup previously had a neutral for Veeco Instruments Inc.
The last downgrade for Veeco Instruments Inc happened on July 15, 2024 when Citigroup changed their price target from $45 to $50 for Veeco Instruments Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Veeco Instruments, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Veeco Instruments was filed on January 6, 2025 so you should expect the next rating to be made available sometime around January 6, 2026.
While ratings are subjective and will change, the latest Veeco Instruments (VECO) rating was a upgraded with a price target of $0.00 to $33.00. The current price Veeco Instruments (VECO) is trading at is $23.67, which is within the analyst’s predicted range.
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