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Veeco Instruments Inc. (VECO) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$30.56
Market reference
Price Target
$30.00
-1.8% Upside
Target Range
$30.00 — $30.00
High conviction
Analyst Rating
Buy
36 analysts
Forward P/E18.3x
Trailing P/E51.8x
Forward PEG—
Implied Growth+186.3%
Median Target$30.00
Analyst Spread0.0%

VECO trades 1.8% above the consensus target of $30.00. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$30.56
Consensus$30.00
High$30.00
Low$30.00
Model$45.76
Bear Case
$30
-1.8%
Consensus
$30
-1.8%
Bull Case
$30
-1.8%
Valuation Model TargetsConfidence: 38/100
Bear$-355
Base$46
Bull$79

Analyst Ratings Distribution

Breakdown of 36 published analyst recommendations for VECO

42% hold / mixed conviction
+24
BearishBullish
Weighted analyst sentiment score based on 36 ratings
ConsensusBuy
Coverage36 Analysts
Net Score+24
Bull / Bear53% / 6%
Strong Buy00%
Buy1953%
Hold1542%
Sell26%
Strong Sell00%
Strong Buy
00%
Buy
1953%
Hold
1542%
Sell
26%
Strong Sell
00%
Recommendation Mix53% Buy · 42% Hold · 6% Sell
Buy (19)Hold (15)Sell (2)

VECO Price Target Analysis

Updated February 28, 2026

As of February 28, 2026, Veeco Instruments Inc. (VECO) has a Wall Street consensus price target of $30.00, based on estimates from 36 covering analysts. With the stock currently trading at $30.56, this represents a potential downside of -1.8%. The company has a market capitalization of $1.85B.

Analyst price targets range from a low of $30.00 to a high of $30.00, representing a 0% spread in expectations. The median target of $30.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 19 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 2 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, VECO trades at a trailing P/E of 51.8x and forward P/E of 18.3x. Analysts expect EPS to grow +186.3% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $45.76, with bear and bull scenarios of $-354.85 and $78.72 respectively. Model confidence stands at 38/100, suggesting limited visibility into future performance.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+5.2%
Avg Forward P/E33.9x
Peers with Coverage6 / 7
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
VECOVeeco Instruments Inc.
$1.8B$30.56$30.00-1.8%Buy18.3x36
ASMLASML Holding N.V.$563.0B$1450.56$1458.50+0.5%Buy41.3x44
AMATApplied Materials, Inc.$295.2B$372.30$420.83+13.0%Buy33.9x53
LRCXLam Research Corporation$292.6B$233.89$267.50+14.4%Buy44.0x50
ACMRACM Research, Inc.$3.3B$55.68$40.00-28.2%Buy25.2x10
ACLSAxcelis Technologies, Inc.$2.7B$82.61$110.00+33.2%Buy22.6x12
ASYSAmtech Systems, Inc.$188M$13.05——Buy52.2x9

Upside Potential Comparison

ACLS
+33.2%
LRCX
+14.4%
AMAT
+13.0%
ASML
+0.5%
VECO
-1.8%
ACMR
-28.2%

See VECO's True Return

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Is VECO Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare VECO vs NVDA

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Frequently Asked Questions

What is the VECO stock price target for 2026?

Wall Street's consensus price target for VECO is $30, -1.8% from its current price of $30.56. The below-market target from 36 analysts suggests limited near-term appreciation.

Is VECO a buy, sell, or hold?

VECO has a consensus rating of "Buy" based on 36 Wall Street analysts. The rating breakdown is predominantly bullish, with 19 Buy/Strong Buy ratings. The consensus 12-month price target of $30 implies -1.8% downside from current levels.

Is VECO stock overvalued or undervalued?

With a forward P/E of 18.2742x, VECO trades at a relatively low valuation. The consensus target of $30 implies -1.8% move, suggesting the market may be pricing in risks.

How high can VECO stock go?

The most bullish Wall Street analyst has a price target of $30 for VECO, while the most conservative target is $30. The consensus of $30 represents the median expectation. Our quantitative valuation model projects a bull case target of $79 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover VECO stock?

VECO is heavily covered by Wall Street, with 36 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 19 have Buy ratings, 15 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the VECO stock forecast?

The 12-month VECO stock forecast based on 36 Wall Street analysts shows a consensus price target of $30, with estimates ranging from $30 (bear case) to $30 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $46, with bear/bull scenarios of $-355/$79.

What is VECO's fair value based on fundamentals?

Our quantitative valuation model calculates VECO's fair value at $46 (base case), with a bear case of $-355 and bull case of $79. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 38/100.

What is VECO's forward P/E ratio?

VECO trades at a forward P/E ratio of 18.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 51.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy VECO stock?

Analysts are cautious on VECO, with 2 Sell ratings and a price target of $30 (-1.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do VECO price targets vary so much?

VECO analyst price targets range from $30 to $30, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $30 consensus represents the middle ground. Our model's $-355-$79 range provides an independent fundamental perspective.

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