Veeva Systems (VEEV) Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VEEV shares.
View VEEV analyst ratings or view top-rated stocks.

24 brokerages have issued 12-month price objectives for Veeva Systems' stock. Their VEEV share price forecasts range from $170.00 to $250.00. On average, they predict the company's stock price to reach $216.74 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for VEEV or view top-rated stocks among Wall Street analysts.

Veeva Systems' stock was trading at $161.38 on January 1st, 2023. Since then, VEEV stock has increased by 26.4% and is now trading at $204.03.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023.
View our VEEV earnings forecast.

Veeva Systems Inc. (NYSE:VEEV) issued its quarterly earnings results on Wednesday, August, 30th. The technology company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.08. The technology company earned $590.23 million during the quarter, compared to analyst estimates of $582.28 million. Veeva Systems had a net margin of 24.20% and a trailing twelve-month return on equity of 10.89%. The business's quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 EPS.

ETFs with the largest weight of Veeva Systems (NYSE:VEEV) stock in their portfolio include Sterling Capital Focus Equity ETF (LCG), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Fidelity Digital Health ETF (FDHT), Direxion Daily Cloud Computing Bull 2x (CLDL), VanEck Morningstar Wide Moat ETF (MOAT), First Trust Dow Jones Internet Index Fund (FDN), Fidelity Disruptive Medicine ETF (FMED) and Goldman Sachs Future Health Care Equity ETF (GDOC).

Veeva Systems issued an update on its third quarter 2024 earnings guidance on Thursday, August, 31st. The company provided earnings per share guidance of $1.26-$1.27 for the period, compared to the consensus estimate of $1.25. The company issued revenue guidance of $614.00 million-$616.00 million, compared to the consensus revenue estimate of $621.75 million.

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.

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).

Veeva Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEEV."

Veeva Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (61.41%), Artisan Partners Limited Partnership (6.60%), BlackRock Inc. (5.28%), Alliancebernstein L.P. (4.86%), State Street Corp (1.86%) and Nuveen Asset Management LLC (1.52%). Insiders that own company stock include Alan Mateo, Brent R Bowman, Eleni Nitsa Zuppas, Frederic Lequient, 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, Timothy C Barabe and Timothy S Cabral.
View institutional ownership trends.

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

One share of VEEV stock can currently be purchased for approximately $204.03.

Veeva Systems (NYSE:VEEV) has a market capitalization of $32.78 billion and generates $2.16 billion in revenue each year. The technology company earns $487.71 million in net income (profit) each year or $3.32 on an earnings per share basis.

The company employs 6,744 workers across the globe.

Veeva Systems' mailing address is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. The official website for the company is www.veeva.com. The technology company can be reached via phone at (925) 452-6500, via email at ir@veeva.com, or via fax at 925-452-6504.