Veeva Systems (NYSE:VEEV) Price Target Raised to $215.00

Veeva Systems (NYSE:VEEV) had its target price boosted by Morgan Stanley from $205.00 to $215.00 in a research report report published on Thursday morning,Benzinga reports. Morgan Stanley currently has an equal weight rating on the technology company’s stock.

A number of other equities research analysts have also recently issued reports on VEEV. Needham & Company LLC reissued a “buy” rating and issued a $355.00 price target on shares of Veeva Systems in a research note on Friday, November 21st. UBS Group reduced their price objective on shares of Veeva Systems from $280.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Stifel Nicolaus dropped their target price on shares of Veeva Systems from $320.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Jefferies Financial Group reissued a “buy” rating and set a $330.00 target price on shares of Veeva Systems in a research note on Monday, November 24th. Finally, Wall Street Zen downgraded shares of Veeva Systems from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Seventeen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Veeva Systems has a consensus rating of “Moderate Buy” and a consensus target price of $284.91.

Veeva Systems Stock Down 0.1%

Shares of Veeva Systems stock opened at $195.89 on Thursday. The firm has a market cap of $32.20 billion, a PE ratio of 36.21, a P/E/G ratio of 1.35 and a beta of 1.09. Veeva Systems has a twelve month low of $168.13 and a twelve month high of $310.50. The business has a 50-day moving average price of $203.47 and a 200 day moving average price of $247.17.

Veeva Systems (NYSE:VEEV) last issued its quarterly earnings results on Wednesday, March 4th. The technology company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.12. The company had revenue of $835.95 million for the quarter, compared to the consensus estimate of $810.95 million. Veeva Systems had a return on equity of 14.11% and a net margin of 28.44%.Veeva Systems’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.74 earnings per share. Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. On average, sell-side analysts expect that Veeva Systems will post 4.35 EPS for the current year.

Veeva Systems declared that its board has authorized a share repurchase program on Monday, January 5th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the technology company to repurchase up to 5.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Transactions at Veeva Systems

In other Veeva Systems news, insider Thomas D. Schwenger sold 1,000 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total value of $231,430.00. Following the completion of the sale, the insider owned 23,204 shares in the company, valued at approximately $5,370,101.72. This represents a 4.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 10.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new position in Veeva Systems during the fourth quarter worth approximately $332,412,000. Alphinity Investment Management Pty Ltd purchased a new stake in Veeva Systems in the 3rd quarter valued at $422,241,000. Durable Capital Partners LP acquired a new stake in shares of Veeva Systems in the 2nd quarter worth $281,351,000. AQR Capital Management LLC increased its stake in shares of Veeva Systems by 111.7% in the 2nd quarter. AQR Capital Management LLC now owns 1,838,046 shares of the technology company’s stock worth $526,508,000 after acquiring an additional 969,905 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in shares of Veeva Systems by 1,039.4% during the 2nd quarter. Schroder Investment Management Group now owns 1,014,974 shares of the technology company’s stock worth $292,292,000 after acquiring an additional 925,896 shares during the period. 88.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Veeva Systems

Here are the key news stories impacting Veeva Systems this week:

• Positive Sentiment: Q4 beats and raised outlook — Veeva reported revenue of ~$836M (+16% y/y) and non‑GAAP EPS of $2.06, above consensus, and provided FY27 guidance that came in ahead of some estimates, which drove the initial rally. Article Title
• Positive Sentiment: AI and product roadmap cited as growth drivers — Management emphasized “agentic” AI initiatives and CRM expansion (CRM targeted to be ~10% of revenue by 2030), positioning Veeva to capture higher‑value services and offset broader software AI fears. Article Title
• Positive Sentiment: Analyst support and buy ratings remain — Several firms reaffirmed or raised ratings/targets (e.g., Stifel raised target to $245; Truist reaffirmed buy), keeping institutional sentiment constructive despite some cuts. Article Title
• Neutral Sentiment: Earnings call detail available for deeper read — The full Q4 earnings call/transcript provides color on customer uptake, AI timing and margin outlook; useful for investors who want to judge execution risk vs opportunity. Article Title
• Neutral Sentiment: Technical/volume context — Trading volume was a bit below average and the stock remains under its 50‑ and 200‑day moving averages, which can limit near‑term upside until momentum recovers. (See market data summary above.)
• Negative Sentiment: Price‑target cuts and cautious notes — Multiple firms trimmed price targets (Canaccord, Piper Sandler, Needham, RBC, Wells Fargo among others) citing decelerating growth, margin pressure or to reflect model changes—these headlines trimmed upside and likely capped the post‑earnings rally. Article Title
• Negative Sentiment: Ongoing AI disruption debate — Despite Veeva’s positioning, some investors remain worried about how AI will change software economics and competitive dynamics; a few analysts argue AI risk and growth normalization justify a more cautious stance. Article Title

Veeva Systems Company Profile

Veeva Systems (NYSE: VEEV) is a cloud software company that develops industry-specific applications and data solutions for the global life sciences sector. Founded in 2007 and headquartered in Pleasanton, California, Veeva focuses on helping pharmaceutical, biotechnology, medical device and consumer health companies manage regulated content, clinical and regulatory processes, quality systems, and commercial operations in a compliant, cloud-native environment. The company completed its initial public offering in 2013 and has since expanded its product suite and international footprint.

Veeva’s product portfolio centers on its Vault platform and related application suites, which provide content and data management, clinical trial and regulatory workflows, quality management, and structured commercial capabilities such as customer relationship management and promotional content management.