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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
66,000% upside on tiny biotech? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
66,000% upside on tiny biotech? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
66,000% upside on tiny biotech? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
66,000% upside on tiny biotech? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
66,000% upside on tiny biotech? (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
66,000% upside on tiny biotech? (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Major Financial Crisis Could Hit America (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NYSE:VEEV

Veeva Systems (VEEV) Stock Forecast, Price & News

$165.70
+2.04 (+1.25%)
(As of 05/31/2023 ET)
Compare
Today's Range
$162.36
$166.39
50-Day Range
$162.60
$186.36
52-Week Range
$151.02
$232.26
Volume
2.13 million shs
Average Volume
1.08 million shs
Market Capitalization
$26.48 billion
P/E Ratio
55.05
Dividend Yield
N/A
Price Target
$203.09

Veeva Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
22.6% Upside
$203.09 Price Target
Short Interest
Healthy
1.59% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.24mentions of Veeva Systems in the last 14 days
Based on 39 Articles This Week
Insider Trading
Selling Shares
$2.30 M Sold Last Quarter
Proj. Earnings Growth
27.56%
From $2.54 to $3.24 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Computer And Technology Sector

80th out of 621 stocks

Prepackaged Software Industry

21st out of 219 stocks


VEEV stock logo

About Veeva Systems (NYSE:VEEV) Stock

Veeva Systems, Inc. engages in the provision of industry cloud solutions for the global life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007, and is headquartered in Pleasanton, CA.

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VEEV Stock News Headlines

World-Renowned Brazilian Restaurant Debuts in Canada
Invest in Debut's Exclusive Franchise of Acclaimed Brazilian Churrasco Restaurant Brand.
Veeva Announces Fiscal 2024 First Quarter Results
Highly Profitable Restaurant Brand Expands to Canada
Invest in the Canadian Expansion with Debut: The Exclusive Franchisee with Proven Success.
Veeva Systems (VEEV) to Release Earnings on Wednesday
Brokerages Set Veeva Systems Inc. (NYSE:VEEV) PT at $202.45
Veeva Systems (NYSE:VEEV) Upgraded to Buy by StockNews.com
Veeva Systems (NYSE:VEEV) PT Lowered to $175.00
See More Headlines
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VEEV Company Calendar

Last Earnings
12/01/2021
Today
5/31/2023
Next Earnings (Confirmed)
5/31/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
6,744
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$203.09
High Stock Price Forecast
$240.00
Low Stock Price Forecast
$170.00
Forecasted Upside/Downside
+22.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
24 Analysts

Profitability

Net Income
$487.71 million
Pretax Margin
23.62%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$2.94 per share
Book Value
$23.48 per share

Miscellaneous

Free Float
142,259,000
Market Cap
$26.48 billion
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Peter P. Gassner
    Chief Executive Officer & Director
  • Tom Schwenger
    President & Chief Operating Officer
  • Brent BowmanBrent Bowman
    Chief Financial Officer
  • Pinal Patel
    Chief Information Officer
  • Jacques Mourrain
    Vice President-Quality & Compliance













VEEV Stock - 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 twelve months. There are currently 11 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" VEEV shares.
View VEEV analyst ratings
or view top-rated stocks.

What is Veeva Systems' stock price forecast for 2023?

24 Wall Street research analysts have issued twelve-month price targets for Veeva Systems' stock. Their VEEV share price forecasts range from $170.00 to $240.00. On average, they anticipate the company's share price to reach $203.09 in the next year. This suggests a possible upside of 22.6% 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 stock has increased by 2.7% and is now trading at $165.70.
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 Wednesday, May 31st 2023.
View our VEEV earnings forecast
.

How were Veeva Systems' earnings last quarter?

Veeva Systems Inc. (NYSE:VEEV) issued its earnings results on Wednesday, December, 1st. The technology company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.09. The technology company had revenue of $476.11 million for the quarter, compared to the consensus estimate of $465.31 million. Veeva Systems had a trailing twelve-month return on equity of 12.42% and a net margin of 22.63%. During the same period last year, the business earned $0.54 earnings per share.

What guidance has Veeva Systems issued on next quarter's earnings?

Veeva Systems updated its FY24 earnings guidance on Wednesday, May, 31st. The company provided earnings per share (EPS) guidance of $4.59 for the period, compared to the consensus EPS estimate of $4.32. The company issued revenue guidance of $2.36-$2.37 billion, compared to the consensus revenue estimate of $2.36 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).

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 a variety of institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (6.42%), BlackRock Inc. (5.31%), Price T Rowe Associates Inc. MD (4.87%), State Street Corp (1.83%), Wellington Management Group LLP (1.52%) and Geode Capital Management LLC (1.35%). 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 $165.70.

How much money does Veeva Systems make?

Veeva Systems (NYSE:VEEV) has a market capitalization of $26.48 billion and generates $2.16 billion in revenue each year. The technology company earns $487.71 million in net income (profit) each year or $3.01 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 6/1/2023 by MarketBeat.com Staff

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