NYSE:VEEV Veeva Systems (VEEV) Stock Forecast, Price & News $204.03 +0.83 (+0.41%) (As of 11:02 AM ET) Add Compare Share Share Today's Range$202.70▼$204.6150-Day Range$186.39▼$224.9152-Week Range$151.02▼$225.49Volume118,407 shsAverage Volume976,126 shsMarket Capitalization$32.78 billionP/E Ratio61.45Dividend YieldN/APrice Target$216.74 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Veeva Systems MarketRank™ ForecastAnalyst RatingModerate Buy2.54 Rating ScoreUpside/Downside6.6% Upside$216.74 Price TargetShort InterestHealthy2.43% of Shares Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.64Based on 13 Articles This WeekInsider TradingSelling Shares$1.90 M Sold Last QuarterProj. Earnings Growth23.81%From $2.73 to $3.38 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.2.54 out of 5 starsComputer And Technology Sector162nd out of 593 stocksPrepackaged Software Industry44th out of 202 stocks 2.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 14 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $216.74, Veeva Systems has a forecasted upside of 6.6% from its current price of $203.24.Amount of Analyst CoverageVeeva Systems has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.43% of the outstanding shares of Veeva Systems have been sold short.Short Interest Ratio / Days to CoverVeeva Systems has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Veeva Systems has recently decreased by 2.99%, indicating that investor sentiment is improving. 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 3.1 News and Social Media Coverage News SentimentVeeva Systems has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Veeva Systems this week, compared to 9 articles on an average week.Search Interest27 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 108% compared to the previous 30 days.MarketBeat Follows10 people have added Veeva Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 233% 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 $1,898,897.00 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 23.81% in the coming year, from $2.73 to $3.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 61.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 61.22, 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 231.81.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 3.83. 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 7.86. 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 (NYSE:VEEV) StockVeeva 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEEV Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comMatthew J. Wallach Sells 5,000 Shares of Veeva Systems Inc. (NYSE:VEEV) StockSeptember 21, 2023 | msn.comVeeva Systems: Its Strong Moat Might Extend To The SMB SectorSeptember 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 21, 2023 | finance.yahoo.comInsider Sell: Director Matthew Wallach Sells 5,000 Shares of Veeva Systems IncSeptember 20, 2023 | theglobeandmail.comReflecting On Vertical Software Stocks’ Q2 Earnings: Veeva Systems (NYSE:VEEV)September 17, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Stock Rating Reaffirmed by Robert W. BairdSeptember 15, 2023 | markets.businessinsider.comRobert W. Baird Remains a Buy on Veeva Systems (VEEV)September 14, 2023 | msn.comBarclays Maintains Veeva Systems Inc - (VEEV) Overweight RecommendationSeptember 22, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 14, 2023 | msn.comVeeva Systems' (VEEV) New Release to Address Supply-Chain IssuesSeptember 14, 2023 | finanznachrichten.deVeeva Systems: LTS Advances Quality Oversight with Veeva Vault QMSSeptember 14, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Given New $250.00 Price Target at BarclaysSeptember 14, 2023 | americanbankingnews.comPaul J. Sekhri Sells 2,500 Shares of Veeva Systems Inc. (NYSE:VEEV) StockSeptember 13, 2023 | finance.yahoo.comDirector Paul Sekhri Sells 2,500 Shares of Veeva Systems IncSeptember 13, 2023 | finanznachrichten.deVeeva Systems: Veeva Introduces Study Portal and VeevaID to Streamline Research Site Trial ExecutionSeptember 13, 2023 | finance.yahoo.comNew Batch Release Application for Life Sciences Manufacturing to Speed Time-to-Market and Reduce CostSeptember 13, 2023 | finance.yahoo.comVeeva Introduces Study Portal and VeevaID to Streamline Research Site Trial ExecutionSeptember 7, 2023 | finance.yahoo.comInsider Sell: President and COO Thomas Schwenger Sells 1,238 Shares of Veeva Systems IncSeptember 6, 2023 | msn.comWells Fargo Maintains Veeva Systems Inc - (VEEV) Equal-Weight RecommendationSeptember 4, 2023 | finance.yahoo.comVeeva Systems Inc. (VEEV) Hit a 52 Week High, Can the Run Continue?September 3, 2023 | finance.yahoo.comIs It Too Late to Buy Veeva Systems Stock?September 1, 2023 | msn.comVeeva Systems Vaults Forward: The CRM Shift AheadSeptember 1, 2023 | finance.yahoo.comRevolutionizing Clinical Data Management: How Veeva Systems Is Changing the GameSeptember 1, 2023 | finance.yahoo.comVeeva to Present at Upcoming Investor ConferenceSeptember 1, 2023 | seekingalpha.comVeeva Systems: A Close Look At Its Evolving ValuationSeptember 1, 2023 | insidermonkey.comVeeva Systems Inc. (NYSE:VEEV) Q2 2024 Earnings Call TranscriptSeptember 1, 2023 | msn.comB of A Securities Maintains Veeva Systems Inc - (VEEV) Neutral RecommendationSee 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 VEEV Company Calendar Last Earnings8/30/2023Today9/22/2023Next Earnings (Estimated)12/07/2023Fiscal 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 Forecast$216.74 High Stock Price Forecast$250.00 Low Stock Price Forecast$170.00 Forecasted Upside/Downside+6.6%Consensus RatingModerate Buy Rating Score (0-4)2.54 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio61.22 Forward P/E Ratio74.45 P/E Growth3.83Net 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 / Sales15.15 Cash Flow$2.85 per share Price / Cash Flow71.27 Book Value$25.85 per share Price / Book7.86Miscellaneous Outstanding Shares160,660,000Free Float143,016,000Market Cap$32.65 billion OptionableOptionable Beta0.92 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Peter P. Gassner (Age 58)Founder, CEO & Director Comp: $391.67kMr. Thomas D. Schwenger (Age 55)Pres & COO Comp: $391.67kMr. Brent R. Bowman (Age 56)Chief Financial Officer Comp: $391.67kMr. Jonathan W. Faddis (Age 51)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $391.67kMs. Eleni Nitsa Zuppas (Age 53)Chief Marketing Officer Comp: $391.67kMr. Alan V. Mateo (Age 61)Exec. VP of Global Sales Comp: $350kMs. Kristine B. Diamond (Age 55)Principal Accounting Officer Mr. Pinal PatelChief Information OfficerMr. Gunnar Georg HansenDirector of Investor RelationsMr. Jacques Mourrain Ph.D.VP of Quality & ComplianceMore ExecutivesKey CompetitorsDatadogNASDAQ:DDOGCrowdStrikeNASDAQ:CRWDANSYSNASDAQ:ANSSHubSpotNYSE:HUBSAutodeskNASDAQ:ADSKView All CompetitorsInsiders & InstitutionsBarclays PLCSold 2,766 shares on 9/21/2023Ownership: 0.093%Matthew J WallachSold 5,000 sharesTotal: $1.05 M ($209.07/share)Prosperity Wealth Management Inc.Bought 1,175 shares on 9/12/2023Ownership: 0.001%Paul J SekhriSold 2,500 sharesTotal: $562,125.00 ($224.85/share)Thomas D SchwengerSold 1,238 sharesTotal: $272,360.00 ($220.00/share)View All Insider TransactionsView All Institutional Transactions VEEV Stock - Frequently Asked Questions Should I buy or sell Veeva Systems stock right now? 24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. 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. What is Veeva Systems' stock price forecast for 2023? 24 equities research analysts have issued twelve-month target prices for Veeva Systems' stock. Their VEEV share price forecasts range from $170.00 to $250.00. On average, they anticipate the company's stock price to reach $216.74 in the next twelve months. This suggests a possible upside of 6.6% 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 beginning of 2023. Since then, VEEV shares have increased by 25.9% and is now trading at $203.24. View the best growth stocks for 2023 here. When is Veeva Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, December 7th 2023. View our VEEV earnings forecast. How were Veeva Systems' earnings last quarter? Veeva Systems Inc. (NYSE:VEEV) announced its quarterly earnings data on Wednesday, August, 30th. The technology company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.08. The technology company earned $590.23 million during the quarter, compared to analysts' expectations of $582.28 million. Veeva Systems had a net margin of 24.20% and a trailing twelve-month return on equity of 10.89%. Veeva Systems's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.56 earnings per share. 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), Fidelity Disruptive Medicine ETF (FMED) and Goldman Sachs Future Health Care Equity ETF (GDOC). What guidance has Veeva Systems issued on next quarter's earnings? Veeva Systems updated its third quarter 2024 earnings guidance on Thursday, August, 31st. The company provided EPS guidance of $1.26-$1.27 for the period, compared to the consensus EPS 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. 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). What is Veeva Systems' stock symbol? Veeva Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEEV." Who are Veeva Systems' major shareholders? Veeva Systems' stock is owned by many different 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. 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. What is Veeva Systems' stock price today? One share of VEEV stock can currently be purchased for approximately $203.24. How much money does Veeva Systems make? Veeva Systems (NYSE:VEEV) has a market capitalization of $32.65 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. How many employees does Veeva Systems have? The company employs 6,744 workers across the globe. 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 How can I contact Veeva Systems? 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. This page (NYSE:VEEV) was last updated on 9/22/2023 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. 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