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Veeco Instruments Inc has a consensus price target of $40.38 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 Oppenheimer, Goldman Sachs, and Benchmark on November 7, 2024, respectively. With an average price target of $36 between Oppenheimer, Goldman Sachs, and Benchmark, there's an implied 29.36% 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 Oppenheimer on November 7, 2024. The analyst firm set a price target for $40.00 expecting VECO to rise to within 12 months (a possible 43.73% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Veeco Instruments (NASDAQ:VECO) was provided by Oppenheimer, and Veeco Instruments maintained their outperform rating.
There is no last upgrade for Veeco Instruments
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 November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Veeco Instruments (VECO) rating was a maintained with a price target of $45.00 to $40.00. The current price Veeco Instruments (VECO) is trading at is $27.83, which is out of the analyst’s predicted range.
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