Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Veeco ( (VECO) ).
On September 30, 2025, Veeco Instruments Inc. and Axcelis Technologies, Inc. entered into a definitive agreement for an all-stock merger, creating a leading semiconductor equipment company with an enterprise value of approximately $4.4 billion. The merger, expected to close in the second half of 2026, will see Veeco shareholders receive 0.3575 Axcelis shares per Veeco share, with Axcelis shareholders owning approximately 58% of the combined company. The merger aims to expand the addressable market to over $5 billion, diversify the technology portfolio, and enhance R&D capabilities, with anticipated annual cost synergies of $35 million within 24 months post-closing. The combined company will be headquartered in Beverly, Massachusetts, and is expected to deliver significant value to stakeholders by capitalizing on complementary technologies and market opportunities.
The most recent analyst rating on (VECO) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Veeco stock, see the VECO Stock Forecast page.
Spark’s Take on VECO Stock
According to Spark, TipRanks’ AI Analyst, VECO is a Neutral.
Veeco’s overall stock score reflects its strong earnings performance and positive technical indicators, which are somewhat offset by valuation concerns and challenges in revenue growth. The company’s strategic initiatives in the semiconductor sector and expanded credit facility provide a solid foundation for future growth.
To see Spark’s full report on VECO stock, click here.
More about Veeco
Veeco Instruments Inc. is an innovative manufacturer of semiconductor process equipment, specializing in technologies such as laser annealing, ion beam, metal organic chemical vapor deposition (MOCVD), single wafer etch & clean, and lithography. These technologies are crucial in the semiconductor industry, where Veeco plays a significant role.
Average Trading Volume: 821,041
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.83B
See more data about VECO stock on TipRanks’ Stock Analysis page.