Veeva Systems Stock Price, News & Analysis (NYSE:VEEV) $178.26 -0.75 (-0.42%) (As of 02:51 PM ET) Add Compare Share Share Today's Range$176.41▼$179.5350-Day Range$165.14▼$216.9452-Week Range$157.00▼$225.49Volume718,417 shsAverage Volume996,959 shsMarket Capitalization$28.64 billionP/E Ratio53.69Dividend YieldN/APrice Target$216.65 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Veeva Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside21.8% Upside$216.65 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.72Based on 15 Articles This WeekInsider TradingSelling Shares$7.99 M Sold Last QuarterProj. Earnings Growth22.71%From $2.73 to $3.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.05 out of 5 starsComputer And Technology Sector15th out of 590 stocksPrepackaged Software Industry4th out of 195 stocks 3.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 15 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $216.65, Veeva Systems has a forecasted upside of 21.8% from its current price of $177.83.Amount of Analyst CoverageVeeva Systems has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.91% of the float of Veeva Systems has been sold short.Short Interest Ratio / Days to CoverVeeva Systems has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veeva Systems has recently decreased by 23.08%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldVeeva Systems does not currently pay a dividend.Dividend GrowthVeeva Systems does not have a long track record of dividend growth. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeeva Systems has received a 24.04% net impact score from Upright. Veeva Systems seems to create the most significant positive value in categories "Jobs", "Taxes", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Hosted data storage services", "Application hosting services", and "Hosted analytics services" products. See details.Environmental SustainabilityThe Environmental Impact score for Veeva Systems is -0.79. Previous Next 3.2 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Veeva Systems this week, compared to 9 articles on an average week.Search Interest11 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeva Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,990,190.00 in company stock.Percentage Held by Insiders10.98% of the stock of Veeva Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions80.07% of the stock of Veeva Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Veeva Systems are expected to grow by 22.71% in the coming year, from $2.73 to $3.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 53.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 53.56, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.21.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVeeva Systems has a P/B Ratio of 7.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 data 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 that include 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.Read More VEEV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEEV Stock News HeadlinesDecember 5, 2023 | finance.yahoo.comEarnings To Watch: Veeva Systems (VEEV) Reports Q3 Results TomorrowDecember 4, 2023 | seekingalpha.comVeeva Systems: Attractively Valued FCF StarDecember 5, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.December 4, 2023 | americanbankingnews.comVeeva Systems (VEEV) to Release Quarterly Earnings on WednesdayDecember 3, 2023 | finance.yahoo.com2 Growth Stocks to Buy Before 2024 and Hold for 10 YearsNovember 30, 2023 | msn.comPharma’s engagement with healthcare providers has slipped in recent yearsNovember 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: Patterson Companies (PDCO), Veeva Systems (VEEV) and Organon (OGN)November 30, 2023 | msn.comShould You Buy Veeva Systems (VEEV) Ahead of Earnings?December 5, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.November 30, 2023 | finance.yahoo.comGitLab (GTLB) to Report Q3 Earnings: What's in the Cards?November 30, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Price Target Cut to $183.00 by Analysts at JPMorgan Chase & Co.November 29, 2023 | msn.comADVANZ leverages Veeva software to develop HCP platformNovember 29, 2023 | seekingalpha.comVeeva Systems Q3 Preview: Navigating Challenges And Opportunities For F2025November 27, 2023 | markets.businessinsider.comBuy Rating for Veeva Systems Amidst Strong Adoption of Vault CRM PlatformNovember 27, 2023 | finance.yahoo.comVeeva Systems (VEEV) Falls More Steeply Than Broader Market: What Investors Need to KnowNovember 27, 2023 | finance.yahoo.comBayer Commits to Veeva Vault CRM and Veeva OpenData GloballyNovember 27, 2023 | finance.yahoo.comTop Biopharma Commits to Veeva Vault CRM for Global Customer EngagementNovember 22, 2023 | finanznachrichten.deVeeva Systems: Veeva European Commercial Summit Gathers Life Sciences Industry Leading the Next Generation of Commercial ExcellenceNovember 21, 2023 | finance.yahoo.comVeeva Systems (VEEV) Declines More Than Market: Some Information for InvestorsNovember 21, 2023 | finance.yahoo.comThese 2 Top Growth Stocks Have Fallen More Than 20% Since September. Are They Bargains Now?November 16, 2023 | finance.yahoo.comVeeva Systems (VEEV) Surged on Continued Momentum in its Both SegmentsNovember 15, 2023 | finance.yahoo.comVeeva to Release Fiscal 2024 Third Quarter Results on December 6, 2023November 15, 2023 | markets.businessinsider.comTruist Securities Maintains Hold Rating for Veeva Sys: Here's What You Need To KnowNovember 15, 2023 | finance.yahoo.comNew Research Finds 87% of Medtechs Lack Consistent Methods to Share Product Information Across Global Regulatory TeamsNovember 14, 2023 | forbes.comHow To Reverse-Engineer Highly Impactful LeadershipNovember 13, 2023 | markets.businessinsider.comMaintained Buy Rating on Veeva Systems Despite Lowered Revenue Guidance: An Analysis of Risks and RewardsNovember 13, 2023 | finance.yahoo.comVeeva (VEEV) Loses -23.61% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerSee More Headlines Receive VEEV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeva Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/30/2023Today12/05/2023Next Earnings (Confirmed)12/06/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:VEEV CUSIPN/A CIK1393052 Webwww.veeva.com Phone(925) 452-6500Fax925-452-6504Employees6,744Year Founded2007Price Target and Rating Average Stock Price Target$216.65 High Stock Price Target$265.00 Low Stock Price Target$160.00 Potential Upside/Downside+21.0%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio53.92 Forward P/E Ratio65.57 P/E Growth2.66Net Income$487.71 million Net Margins24.20% Pretax Margin22.57% Return on Equity10.89% Return on Assets8.62% Debt Debt-to-Equity RatioN/A Current Ratio4.35 Quick Ratio4.35 Sales & Book Value Annual Sales$2.16 billion Price / Sales13.35 Cash Flow$2.94 per share Price / Cash Flow60.84 Book Value$23.48 per share Price / Book7.62Miscellaneous Outstanding Shares160,660,000Free Float143,016,000Market Cap$28.76 billion OptionableOptionable Beta0.79 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Peter P. Gassner (Age 58)Founder, CEO & Director Comp: $391.67kMr. Thomas D. Schwenger (Age 55)President & COO Comp: $391.67kMr. Brent R. Bowman (Age 56)Chief Financial Officer Comp: $391.67kMr. Jonathan W. Faddis (Age 51)Senior VP, General Counsel & Corporate Secretary Comp: $391.67kMs. Eleni Nitsa Zuppas (Age 53)Chief Marketing Officer Comp: $391.67kMs. Kristine B. Diamond (Age 55)Principal Accounting Officer Mr. Pinal PatelChief Information OfficerMr. Gunnar Georg HansenDirector of Investor RelationsMr. Jacques Mourrain Ph.D.Vice President of Quality & ComplianceMr. Alan V. Mateo (Age 61)Executive Vice President of Global Sales Comp: $350kMore ExecutivesKey CompetitorsMongoDBNASDAQ:MDBANSYSNASDAQ:ANSSSplunkNASDAQ:SPLKCloudflareNYSE:NETHubSpotNYSE:HUBSView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 289,133 shares on 12/1/2023Ownership: 2.064%B. Riley Wealth Advisors Inc.Bought 526 shares on 12/1/2023Ownership: 0.003%American Century Companies Inc.Bought 3,040 shares on 11/30/2023Ownership: 0.124%Carmignac GestionSold 2,064 shares on 11/29/2023Ownership: 0.015%Banque Pictet & Cie SABought 1,312 shares on 11/27/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Veeva Systems Stock? VEEV Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Veeva Systems was last updated on Sunday, December 3, 2023 at 5:01 PM. Pros Here are some ways that investors could benefit from investing in Veeva Systems Inc.: Veeva Systems provides cloud-based software for the life sciences industry, which is a growing and lucrative market. The company offers a suite of software and data solutions, including Veeva customer relationship management (CRM), Veeva Vault PromoMats, Veeva Vault Medical, Veeva Crossix, Veeva OpenData, and Veeva Link, which cater to the specific needs of pharmaceutical and biotechnology companies. Veeva Systems also provides a suite of applications for the clinical, regulatory, quality, and safety functions, such as Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality, which are essential for the life sciences industry. The company offers professional and support services, including implementation and deployment planning, project management, and ongoing managed services, which ensure smooth integration and operation of their software solutions. Veeva Systems has a strong market presence and a solid track record, with a market capitalization of $28.73 billion and a beta of 0.87, indicating relatively lower volatility compared to the market. Cons Investors should be bearish about investing in Veeva Systems Inc. for these reasons: The stock price of Veeva Systems Inc. has been relatively high, with a 52-week high of $225.49, which may limit potential upside for investors. The price-to-earnings ratio of the company is 53.83, indicating that the stock may be considered overvalued by some investors. Veeva Systems operates in a competitive market, and there is a risk of new entrants or existing competitors gaining market share. The company's financial performance and stock price may be influenced by factors such as changes in regulations, industry trends, and macroeconomic conditions. Investing in Veeva Systems Inc. involves market risk, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions. VEEV Stock Analysis - Frequently Asked Questions Should I buy or sell Veeva Systems stock right now? 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 1 sell rating, 8 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street 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? 24 Wall Street analysts have issued 12 month target prices for Veeva Systems' shares. Their VEEV share price targets range from $160.00 to $265.00. On average, they expect the company's stock price to reach $216.65 in the next year. This suggests a possible upside of 21.8% 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 2023? Veeva Systems' stock was trading at $161.38 at the start of the year. Since then, VEEV shares have increased by 10.2% and is now trading at $177.83. View the best growth stocks for 2023 here. Are investors shorting Veeva Systems? Veeva Systems saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 2,500,000 shares, a decline of 23.1% from the October 31st total of 3,250,000 shares. Based on an average trading volume of 1,070,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.9% of the shares of the stock are short sold. View Veeva Systems' Short Interest. When is Veeva Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023. View our VEEV earnings forecast. How can I listen to Veeva Systems' earnings call? Veeva Systems will be holding an earnings conference call on Wednesday, December 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) released its earnings results on Wednesday, August, 30th. The technology company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.08. The technology company earned $590.23 million during the quarter, compared to the consensus estimate of $582.28 million. Veeva Systems had a trailing twelve-month return on equity of 10.89% and a net margin of 24.20%. The business's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. What ETFs hold Veeva Systems' stock? 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), Goldman Sachs Future Health Care Equity ETF (GDOC) and Alger 35 ETF (ATFV). What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems issued an update on its FY 2025 earnings guidance on Thursday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.75B-, compared to the consensus revenue estimate of $2.81 billion. 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 many different institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (6.32%), Wellington Management Group LLP (2.06%), Massachusetts Financial Services Co. MA (1.27%), FMR LLC (1.14%), Morgan Stanley (1.11%) and Sei Investments Co. (0.93%). 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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Veeva Systems Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.