Veeva Systems (VEEV) to Release Quarterly Earnings on Wednesday

Veeva Systems (NYSE:VEEV - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Wednesday, May 28th. Analysts expect the company to announce earnings of $1.74 per share and revenue of $728.38 million for the quarter.

Veeva Systems Trading Up 0.5%

VEEV stock opened at $240.80 on Wednesday. The stock has a market capitalization of $39.18 billion, a PE ratio of 59.46, a price-to-earnings-growth ratio of 1.89 and a beta of 0.96. Veeva Systems has a 12-month low of $170.25 and a 12-month high of $258.93. The stock's 50 day simple moving average is $229.01 and its 200 day simple moving average is $226.69.

Insider Buying and Selling

In other news, insider Thomas D. Schwenger sold 1,200 shares of Veeva Systems stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $220.97, for a total transaction of $265,164.00. Following the completion of the sale, the insider now owns 25,889 shares of the company's stock, valued at approximately $5,720,692.33. The trade was a 4.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Timothy S. Cabral sold 3,882 shares of Veeva Systems stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $216.83, for a total transaction of $841,734.06. Following the sale, the director now directly owns 5,500 shares of the company's stock, valued at $1,192,565. This represents a 41.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,869 shares of company stock worth $1,284,917. Corporate insiders own 10.30% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Stephens reiterated an "overweight" rating and set a $280.00 target price on shares of Veeva Systems in a research note on Thursday, March 6th. StockNews.com upgraded Veeva Systems from a "hold" rating to a "buy" rating in a research note on Monday, February 17th. Piper Sandler reduced their price objective on Veeva Systems from $290.00 to $255.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. Needham & Company LLC restated a "buy" rating and issued a $270.00 price objective on shares of Veeva Systems in a research note on Thursday, March 6th. Finally, Truist Financial upped their price objective on Veeva Systems from $210.00 to $217.00 and gave the stock a "hold" rating in a research note on Thursday, March 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Veeva Systems has a consensus rating of "Moderate Buy" and an average target price of $254.92.

About Veeva Systems

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.

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