Veeva Systems Stock Price, News & Analysis (NYSE:VEEV) $174.60 -0.16 (-0.09%) (As of 02:27 PM ET) Add Compare Share Share Today's Range$173.82▼$179.1450-Day Range$165.14▼$216.9452-Week Range$157.00▼$225.49Volume705,448 shsAverage Volume988,196 shsMarket Capitalization$28.05 billionP/E Ratio52.59Dividend YieldN/APrice Target$218.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Veeva Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside25.0% Upside$218.83 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthN/ASustainability-0.79Upright™ Environmental ScoreNews Sentiment0.74Based on 21 Articles This WeekInsider TradingSelling Shares$7.99 M Sold Last QuarterProj. Earnings Growth23.53%From $2.72 to $3.36 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.3.36 out of 5 starsComputer And Technology Sector6th out of 598 stocksPrepackaged Software Industry3rd out of 197 stocks 4.3 Analyst's Opinion Consensus RatingVeeva Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 16 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $218.83, Veeva Systems has a forecasted upside of 25.0% from its current price of $175.01.Amount of Analyst CoverageVeeva Systems has been the subject of 17 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 0.74. 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 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Veeva Systems this week, compared to 9 articles on an average week.Search Interest12 people have searched for VEEV on MarketBeat in the last 30 days. This is an increase of 9% 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 23.53% in the coming year, from $2.72 to $3.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeva Systems is 52.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeva Systems is 52.71, 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 230.40.Price to Earnings Growth RatioVeeva Systems has a PEG Ratio of 2.58. 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 7.45. 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 HeadlinesNovember 29, 2023 | msn.comADVANZ leverages Veeva software to develop HCP platformNovember 29, 2023 | seekingalpha.comVeeva Systems Q3 Preview: Navigating Challenges And Opportunities For F2025November 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 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 24, 2023 | americanbankingnews.comZacks Research Comments on Veeva Systems Inc.'s Q1 2025 Earnings (NYSE:VEEV)November 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 23, 2023 | americanbankingnews.comVeeva Systems (NYSE:VEEV) Lowered to "Hold" at StockNews.comNovember 23, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Veeva Systems Inc.'s Q3 2026 Earnings (NYSE:VEEV)November 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 CornerNovember 11, 2023 | markets.businessinsider.comVeeva Systems’ Lowered Revenue Outlook and Anticipated Macro Impact on Core Businesses Sustain Analyst’s Hold RatingNovember 11, 2023 | markets.businessinsider.comVeeva Systems Maintains Revenue Goal Despite Cutting FY24 and FY25 Guidance: Analyst Jailendra Singh’s Hold Rating ExplainedNovember 10, 2023 | finance.yahoo.comDown -22.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Veeva (VEEV)November 10, 2023 | finance.yahoo.comVeeva Systems Inc.: Veeva: Market Overreacts to Headwinds in Services Segment but the Long-Term Outlook Remains StrongNovember 9, 2023 | benzinga.comCheck Out What Whales Are Doing With VEEVNovember 9, 2023 | finance.yahoo.comVeeva Systems (VEEV) Stock Trades Down, Here Is WhySee 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 Earnings8/30/2023Today11/29/2023Next 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$218.83 High Stock Price Target$265.00 Low Stock Price Target$160.00 Potential Upside/Downside+25.0%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage24 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio52.71 Forward P/E Ratio64.34 P/E Growth2.58Net 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 / Sales13.05 Cash Flow$2.97 per share Price / Cash Flow58.97 Book Value$23.48 per share Price / Book7.45Miscellaneous Outstanding Shares160,660,000Free Float143,016,000Market Cap$28.12 billion OptionableOptionable Beta0.87 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 & InstitutionsCarmignac GestionSold 2,064 shares on 11/29/2023Ownership: 0.015%Banque Pictet & Cie SABought 1,312 shares on 11/27/2023Ownership: 0.001%Deutsche Bank AGSold 33,085 shares on 11/24/2023Ownership: 0.171%Polar Capital Holdings PlcSold 21,366 shares on 11/22/2023Ownership: 0.067%Carlson Capital ManagementBought 1,259 shares on 11/21/2023Ownership: 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 Thursday, November 16, 2023 at 12:00 AM. Pros Here are some ways that investors could benefit from investing in Veeva Systems Inc.: Veeva Systems Inc. provides cloud-based software for the life sciences industry, which is a rapidly growing sector. This presents a significant market opportunity for the company. The company offers Veeva Commercial Cloud, a suite of software and data solutions that help life sciences companies streamline their operations and improve efficiency. This can lead to cost savings and increased productivity for customers. Veeva Systems Inc. has a strong track record of financial performance, with consistent revenue growth and profitability. This indicates a well-managed and stable company. The company has a diverse customer base, including pharmaceutical, biotechnology, and medical device companies. This reduces the risk of dependence on a single industry or customer. Recent developments and updates in Veeva Systems Inc.'s software offerings demonstrate the company's commitment to innovation and staying ahead of industry trends. This positions them well for future growth and competitiveness. Cons Investors should be bearish about investing in Veeva Systems Inc. for these reasons: One reason to consider is the current stock price of Veeva Systems Inc. It is important for investors to carefully evaluate the stock's valuation and potential risks before making an investment decision. As with any investment, there are inherent risks associated with investing in the life sciences industry. Factors such as regulatory changes, competition, and market volatility can impact the company's performance. While Veeva Systems Inc. has a strong market position, there is always the risk of new entrants or disruptive technologies that could challenge their dominance in the industry. Investors should also consider the potential impact of economic downturns or global events on the life sciences industry, as this could affect the demand for Veeva Systems Inc.'s products and services. It is important for investors to conduct thorough research and analysis of Veeva Systems Inc.'s financials, competitive landscape, and industry trends before making an investment decision. 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, 7 hold ratings and 16 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 1 year price objectives for Veeva Systems' shares. Their VEEV share price targets range from $160.00 to $265.00. On average, they predict the company's stock price to reach $218.83 in the next year. This suggests a possible upside of 25.0% 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 stock has increased by 8.4% and is now trading at $175.01. View the best growth stocks for 2023 here. Are investors shorting Veeva Systems? Veeva Systems saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 2,500,000 shares, a decrease of 23.1% from the October 31st total of 3,250,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the shares of the company 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) issued its quarterly 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 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%. The business's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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), 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 updated 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 a variety of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (6.32%), Massachusetts Financial Services Co. MA (1.27%), FMR LLC (1.14%), Morgan Stanley (1.11%), Sei Investments Co. (0.93%) and Blair William & Co. IL (0.91%). 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 11/29/2023 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. 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