NYSE:VEEV

Veeva Systems (VEEV) Stock Price, News & Analysis

$200.58
-0.52 (-0.26%)
(As of 04/24/2024 ET)
Today's Range
$199.11
$202.59
50-Day Range
$198.37
$234.79
52-Week Range
$160.21
$236.90
Volume
550,220 shs
Average Volume
975,580 shs
Market Capitalization
$32.36 billion
P/E Ratio
62.29
Dividend Yield
N/A
Price Target
$234.90

Veeva Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
17.1% Upside
$234.90 Price Target
Short Interest
Healthy
1.48% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.79mentions of Veeva Systems in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$4.82 M Sold Last Quarter
Proj. Earnings Growth
14.36%
From $4.11 to $4.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.75 out of 5 stars

Computer And Technology Sector

58th out of 585 stocks

Prepackaged Software Industry

13th out of 197 stocks

VEEV stock logo

About Veeva Systems Stock (NYSE:VEEV)

Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States. The company also provides Veeva Development Cloud, a suite of applications for the clinical, regulatory, quality, and safety functions, including Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality; Veeva QualityOne, a quality and document management, and training solution; Veeva RegulatoryOne, a solution that helps companies to manage regulatory submission content; and Veeva Claims addresses the end-to-end product and marketing claims management process. In addition, it offers professional and support services, including implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; data migration and systems integrations technical consulting services; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

VEEV Stock Price History

VEEV Stock News Headlines

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The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
How Is The Market Feeling About Veeva Systems?
Urgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!
The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
Veeva Launches AI Partner Program
Veeva Announces Vault CRM Campaign Manager
Is Veeva Systems (VEEV) a Good Investment Bet?
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/24/2024
Next Earnings (Estimated)
5/29/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
7,172
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$234.90
High Stock Price Target
$270.00
Low Stock Price Target
$160.00
Potential Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
20 Analysts

Profitability

Net Income
$525.71 million
Pretax Margin
24.88%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$3.51 per share
Book Value
$28.80 per share

Miscellaneous

Free Float
143,604,000
Market Cap
$32.36 billion
Optionable
Optionable
Beta
0.74

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VEEV Stock Analysis - Frequently Asked Questions

Should I buy or sell Veeva Systems stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VEEV shares.
View VEEV analyst ratings
or view top-rated stocks.

What is Veeva Systems' stock price target for 2024?

20 Wall Street research analysts have issued twelve-month price targets for Veeva Systems' shares. Their VEEV share price targets range from $160.00 to $270.00. On average, they predict the company's share price to reach $234.90 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for VEEV
or view top-rated stocks among Wall Street analysts.

How have VEEV shares performed in 2024?

Veeva Systems' stock was trading at $192.52 at the start of the year. Since then, VEEV shares have increased by 4.2% and is now trading at $200.58.
View the best growth stocks for 2024 here
.

When is Veeva Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024.
View our VEEV earnings forecast
.

How were Veeva Systems' earnings last quarter?

Veeva Systems Inc. (NYSE:VEEV) posted its quarterly earnings results on Thursday, February, 29th. The technology company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.11. The technology company earned $630.62 million during the quarter, compared to the consensus estimate of $620.75 million. Veeva Systems had a net margin of 22.24% and a trailing twelve-month return on equity of 11.26%.

What guidance has Veeva Systems issued on next quarter's earnings?

Veeva Systems issued an update on its first quarter 2025 earnings guidance on Friday, April, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $640.0 million-$643.0 million, compared to the consensus revenue estimate of $641.9 million.

What is Peter Gassner's approval rating as Veeva Systems' CEO?

202 employees have rated Veeva Systems Chief Executive Officer Peter Gassner on Glassdoor.com. Peter Gassner has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Veeva Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), PayPal (PYPL), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Block (SQ).

Who are Veeva Systems' major shareholders?

Veeva Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.15%), Los Angeles Capital Management LLC (0.09%), Rockland Trust Co. (0.06%) and Raymond James & Associates (0.06%). Insiders that own company stock include Alan Mateo, Eleni Nitsa Zuppas, Jonathan Faddis, Joseph Christopher Hays, Mary Lynne Hedley, Matthew J Wallach, Matthew J Wallach, Michele O'connor, Paul Edward Chamberlain, Paul J Sekhri, Peter P Gassner, Ronald E F Codd, Steven L Fasman, Thomas D Schwenger and Timothy S Cabral.
View institutional ownership trends
.

How do I buy shares of Veeva Systems?

Shares of VEEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Veeva Systems have any subsidiaries?
The following companies are subsidiares of Veeva Systems: AdvantageMS, Learnaboutgmp, Physicians World, Selligy, Veeva Crossix, Veeva RTSM, Veracity Logic, and Zinc Ahead Ltd.
Read More
This page (NYSE:VEEV) was last updated on 4/25/2024 by MarketBeat.com Staff

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