Upcoming Financial Results: Veeco Instruments Inc. will release its Q3 2025 financial results on November 5, 2025, after market close, followed by a conference call at 5:00 PM ET.
Conference Call Details: Interested participants can join the call by dialing 1-877-407-8029 or 1-201-689-8029, and a live webcast will be available on Veeco's investor relations website.
Company Overview: Veeco is a manufacturer of semiconductor process equipment, specializing in technologies such as laser annealing and chemical vapor deposition, which are crucial for advanced semiconductor device fabrication.
Forward-Looking Statements: The news release includes forward-looking statements that are subject to risks and uncertainties, with no obligation from Veeco to update these statements after their release.
Wall Street analysts forecast VECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VECO is 34.67 USD with a low forecast of 30.00 USD and a high forecast of 38.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast VECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VECO is 34.67 USD with a low forecast of 30.00 USD and a high forecast of 38.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 31.580
Low
30.00
Averages
34.67
High
38.00
Current: 31.580
Low
30.00
Averages
34.67
High
38.00
Citi
Buy
upgrade
$29 -> $36
2025-11-12
Reason
Citi
Price Target
$29 -> $36
AI Analysis
2025-11-12
upgrade
Buy
Reason
Citi raised the firm's price target on Veeco to $36 from $29 and keeps a Buy rating on the shares. The firm upped wafer fab equipment estimates to reflect rising artificial intelligence investments. Citi remains constructive on the sector.
Barclays
Tom O'Malley
Equal Weight
downgrade
$22 -> $21
2025-05-08
Reason
Barclays
Tom O'Malley
Price Target
$22 -> $21
2025-05-08
downgrade
Equal Weight
Reason
Barclays analyst Tom O'Malley lowered the firm's price target on Veeco to $21 from $22 and keeps an Equal Weight rating on the shares following the earnings report. The firm notes that $35M of China revenue is coming out of the model this year as customers choose to wait until tariffs are resolved.
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Goldman Sachs
Neutral
downgrade
$27 -> $20
2025-05-08
Reason
Goldman Sachs
Price Target
$27 -> $20
2025-05-08
downgrade
Neutral
Reason
Goldman Sachs lowered the firm's price target on Veeco to $20 from $27 and keeps a Neutral rating on the shares after its Q1 results and below consensus guidance. The outlook was a bit weaker than expected as tariff impacts are causing delays to Chinese shipments and creating uncertainty, the analyst tells investors in a research note. Despite the uncertainty in the environment, Veeco continues to see traction growing in the semiconductor segment, highlighting additional eval systems to be shipped this year, the firm added.
Barclays
Tom O'Malley
Hold
Maintains
$25 → $22
2025-04-22
Reason
Barclays
Tom O'Malley
Price Target
$25 → $22
2025-04-22
Maintains
Hold
Reason
About VECO
Veeco Instruments Inc. is a manufacturer of semiconductor process equipment. The Company's laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies are used in the fabrication and packaging of advanced semiconductor devices. Such devices include advanced node application processors for artificial intelligence (AI) chips, high-performance computing, mobile devices, high-speed data communications, and radio frequency (RF) filters and power amplifiers for fifth generation (5G) networks and mobile electronics, photonics devices for 3D sensing, advanced displays, and thin film magnetic heads for hard disk drives in data storage. The Company has comprehensive sales and service operations across the Asia-Pacific, Europe, and North America regions. Its products are purchased by customers in four end-markets: semiconductor, compound semiconductor, data storage, and scientific & other.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
