Veeco Expands Credit Facility with Fourth Amendment

Veeco ( (VECO) ) has provided an announcement.

On June 16, 2025, Veeco Instruments Inc. entered into a Fourth Amendment to its Loan and Security Agreement, originally dated December 16, 2021. This amendment increases the senior secured revolving credit facility by $25 million to $250 million, extends the termination date to June 16, 2030, and adjusts the applicable margin rates. It also raises the maximum aggregate amount of incremental revolving loans to $100 million and increases the maximum Secured Net Leverage Ratio covenant, providing Veeco with greater operational flexibility.

The most recent analyst rating on (VECO) stock is a Buy with a $33.00 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 Outperform.

Veeco’s overall score reflects a strong financial performance, particularly in the semiconductor segment, bolstered by strategic wins and awards. While the company faces challenges related to tariffs and operational costs, its solid balance sheet and recent corporate actions provide a stable foundation for future growth.

To see Spark’s full report on VECO stock, click here.

More about Veeco

Veeco Instruments Inc. operates in the technology industry, focusing on the development and manufacturing of innovative semiconductor process equipment. The company provides advanced solutions for the production of microelectronics, with a market focus on enhancing the efficiency and capabilities of semiconductor manufacturing.

Average Trading Volume: 708,025

Technical Sentiment Signal: Sell

Current Market Cap: $1.27B

For a thorough assessment of VECO stock, go to TipRanks’ Stock Analysis page.