Veeco Instruments

AI And Digitization Will Drive Semiconductor Equipment Demand Despite Risks

AnalystHighTarget

Not Invested

Community Contributor

Published

01 Jun 25

Updated

16 Dec 25

Views

n/a

AnalystHighTarget's Fair Value

n/a

5.4%

-9.9%

5.4%

-9.9%

You can edit this narrative until Dec 17 1:10 PM. Then, changes will post as Updates.

Author's Valuation

US$3823.5% undervalued

AnalystHighTarget Fair Value

Narrative

Updates1

Shared on 16 Dec 25

Fair value Increased 27%

VECO: Axcelis Merger Will Reshape Revenue Mix And Competitive Scale

Analysts have raised their price target on Veeco Instruments to $38 from $30, reflecting increased confidence in the Axcelis merger's ability to accelerate revenue growth, enhance profitability, and improve the company's competitive scale, despite valuation concerns. Analyst Commentary Bullish analysts point to the Axcelis merger as a key driver behind the higher price target for Veeco, arguing that the combined company will benefit from broader product coverage and a larger addressable market that can support sustained revenue acceleration.

AnalystHighTarget Fair Value

US$38

23.5% undervalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

6.57%

Semiconductors revenue growth rate

1.02%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

11.12%

Calculation

US$74.56m

Earnings '28

46.80x

PE Ratio '28

US$3.49b

Market Cap '28

US$3.49b

Market Cap '28

67.37m

No. shares '28

US$51.79

Share Price '28

US$51.79 Share Price '28

Discounted to 2025 @ 11.08% p.a.

US$37.79

Fair Value '25