Analysts predict Veeco Instruments Inc (VECO) stock to reach $34.33 in the next 12 months

Veeco Instruments Inc [VECO] stock prices are up 2.56% to $21.22 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VECO shares have gain 4.89% over the last week, with a monthly amount glided 7.28%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Veeco Instruments Inc [NASDAQ: VECO] stock has seen the most recent analyst activity on January 06, 2025, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $33 for it. Previously, Citigroup downgraded its rating to Neutral on July 15, 2024, and elevated its price target to $50. On September 13, 2023, Citigroup initiated with a Buy rating and assigned a price target of $35 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $35 on September 01, 2023. Barclays downgraded its rating to a Equal Weight and raised its price target to $20 on January 23, 2023. Northland Capital reiterated a Outperform rating for this stock on December 28, 2021, but kept the price target unchanged to $32. In a note dated September 13, 2021, Goldman downgraded an Neutral rating on this stock and revised its target price from $29 to $26.

The stock price of Veeco Instruments Inc [VECO] has been fluctuating between $16.92 and $49.25 over the past year. Currently, Wall Street analysts expect the stock to reach $34.33 within the next 12 months. Veeco Instruments Inc [NASDAQ: VECO] shares were valued at $21.22 at the most recent close of the market. An investor can expect a potential return of 61.78% based on the average VECO price forecast.

Analyzing the VECO fundamentals

The Veeco Instruments Inc [NASDAQ:VECO] reported sales of 710.11M for trailing twelve months, representing a drop of -4.12%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.80 points at the first support level, and at 20.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.65, and for the 2nd resistance point, it is at 22.09.

Ratios To Look Out For

It’s worth pointing out that Veeco Instruments Inc [NASDAQ:VECO]’s Current Ratio is 4.44. As well, the Quick Ratio is 2.92, while the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 1.79, the price to book ratio is 1.52 and price to earnings (TTM) ratio is 19.94.

Transactions by insiders

Recent insider trading involved Devasahayam Adrian, SVP – PRODUCT LINE DEVELOPMENT, that happened on Jun 05 ’25 when 11010.0 shares were sold. Officer, Devasahayam Adrian completed a deal on Jun 05 ’25 to buy 11010.0 shares. Meanwhile, SVP & CHIEF FINANCIAL OFFICER KIERNAN JOHN P sold 2500.0 shares on May 12 ’25.

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