Veeco Instruments Stock Target Price and Analyst Consensus

VECO Stock  USD 38.93  1.22  3.24%   
The current analyst and expert consensus on Veeco Instruments is Strong Buy, with 4 strong buy opinions. The current projected Veeco Instruments target price consensus is 32.57 with 6 analyst opinions. The most common way Veeco Instruments analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Veeco Instruments executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Veeco Instruments. We strongly encourage you to use your own analysis of Veeco Instruments to validate this buy or sell advice. Veeco Instruments buy-or-sell recommendation module provides average expert sentiment on the projected Veeco Instruments target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Veeco Instruments to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
Lowest Forecast
29.64
Highest Forecast
36.15
Target Price
32.57
At this time, Veeco Instruments' Operating Profit Margin is very stable compared to the past year. As of the 15th of May 2024, Gross Profit Margin is likely to grow to 0.46, while Gross Profit is likely to drop about 189.4 M. At this time, Veeco Instruments' Inventory is very stable compared to the past year. As of the 15th of May 2024, Other Current Assets is likely to grow to about 29 M, while Total Assets are likely to drop about 719.1 M.
  
It's important to approach Veeco Instruments' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Veeco Instruments Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Veeco target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Veeco Instruments' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most Veeco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Veeco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Veeco Instruments, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Veeco Instruments Target Price Projection

Veeco Instruments' current and average target prices are 38.93 and 32.57, respectively. The current price of Veeco Instruments is the price at which Veeco Instruments is currently trading. On the other hand, Veeco Instruments' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Veeco Instruments Market Quote on 15th of May 2024

Low Price38.93Odds
High Price38.93Odds

38.93

Target Price

Analyst Consensus On Veeco Instruments Target Price

Low Estimate29.64Odds
High Estimate36.15Odds

32.57

Historical Lowest Forecast  29.64 Target Price  32.57 Highest Forecast  36.15
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Veeco Instruments and the information provided on this page.

Veeco Instruments Analyst Ratings

Veeco Instruments' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Veeco Instruments stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Veeco Instruments' financials, market performance, and future outlook by experienced professionals. Veeco Instruments' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Veeco Instruments price targets

Veeco Instruments' stock target price is an estimate of its future price, usually made by analysts. Using Veeco Instruments' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Veeco Instruments' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Veeco Instruments' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Veeco Instruments Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Veeco Instruments is a key component of Veeco Instruments valuation and have some predictive power on the future returns of a Veeco Instruments.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Veeco Instruments' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
36.7939.0441.29
Details
Intrinsic
Valuation
LowRealHigh
32.7735.0242.82
Details
Naive
Forecast
LowNextHigh
38.9741.2243.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.410.430.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Veeco Instruments. Your research has to be compared to or analyzed against Veeco Instruments' peers to derive any actionable benefits. When done correctly, Veeco Instruments' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Veeco Instruments.

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When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out Macroaxis Advice on Veeco Instruments to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
Note that the Veeco Instruments information on this page should be used as a complementary analysis to other Veeco Instruments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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The data published in Veeco Instruments' official financial statements usually reflect Veeco Instruments' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Veeco Instruments. For example, before you start analyzing numbers published by Veeco accountants, it's critical to develop an understanding of what Veeco Instruments' liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Veeco Instruments' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Veeco Instruments' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Veeco Instruments' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Veeco Instruments. Please utilize our Beneish M Score to check the likelihood of Veeco Instruments' management manipulating its earnings.