Benchmark Reaffirms 'Buy' Rating on Veeco Instruments Inc. (VECO); Sets $28 PT

Veeco Instruments Inc. (NASDAQ:VECO) is one of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

On August 13, 2025, Benchmark Co. analyst Mark Miller reaffirmed his Buy rating on Veeco Instruments Inc. (NASDAQ:VECO) with a $28 price target, describing the company as an attractive opportunity within the broader tech hardware boom.

Miller cited Veeco’s long-term growth drivers as substantial demand for Nearline hard drives, which is driving future ion beam tool orders, strong momentum in wet processing from AI, HBM, and mobile applications, and a predicted doubling of advanced packaging and gate-all-around sales by 2025. Veeco Instruments Inc. (NASDAQ:VECO) is also progressing five client qualifications with high follow-on potential, as well as pursuing a new DRAM customer for its laser anneal tools—initiatives that might boost earnings in the future years.

Veeco Instruments Inc. (NASDAQ:VECO) designs and manufactures semiconductor and thin film processing equipment for use in logic, memory, photonics, power electronics, and hard disk drive components. It is one of the Best Quantum Computing Stocks.

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