NYSE:VEEVVeeva Systems Stock Price, Forecast & News

Veeva Systems' stock was trading at $144.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VEEV shares have increased by 51.7% and is now trading at $218.96. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 8 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Veeva Systems.

Veeva Systems is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Veeva Systems.

Veeva Systems Inc (NYSE:VEEV) posted its quarterly earnings results on Thursday, May, 28th. The technology company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.07. The technology company earned $337.11 million during the quarter, compared to the consensus estimate of $291.10 million. Veeva Systems had a net margin of 26.26% and a return on equity of 16.92%. The business's revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 EPS. View Veeva Systems' earnings history.

Veeva Systems updated its FY21 earnings guidance on Thursday, May, 28th. The company provided EPS guidance of $2.50-2.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.44. The company issued revenue guidance of $1.380-1.395 billion, compared to the consensus revenue estimate of $1.27 billion.

22 analysts have issued 1-year price targets for Veeva Systems' stock. Their forecasts range from $150.00 to $235.00. On average, they expect Veeva Systems' share price to reach $193.48 in the next twelve months. This suggests that the stock has a possible downside of 11.6%. View analysts' price targets for Veeva Systems.

Media headlines about VEEV stock have trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Veeva Systems earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutVeeva Systems.

Some companies that are related to Veeva Systems include Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), VMware (VMW), Uber Technologies (UBER), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Square (SQ), Electronic Arts (EA), Splunk (SPLK), Twilio (TWLO), Synopsys (SNPS), Docusign (DOCU) and Cadence Design Systems (CDNS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Veeva Systems investors own include NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), salesforce.com (CRM), Shopify (SHOP), Walt Disney (DIS), Adobe (ADBE), Netflix (NFLX), Trade Desk (TTD) and Visa (V).

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

Veeva Systems' stock is owned by many different retail and institutional investors. Top institutional investors include Morgan Stanley (9.40%), Morgan Stanley (9.40%), BlackRock Inc. (4.62%), Brown Capital Management LLC (2.10%), State Street Corp (1.91%) and Franklin Resources Inc. (1.68%). Company insiders that own Veeva Systems stock include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Gordon Ritter, Jonathan Faddis, Matthew J Wallach, Michele O'connor, Paul J Sekhri, Ronald E F Codd, Thomas D Schwenger, Timothy C Barabe and Timothy S Cabral. View institutional ownership trends for Veeva Systems.

VEEV stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Two Sigma Advisers LP, JPMorgan Chase & Co., APG Asset Management N.V., First Trust Advisors LP, APG Asset Management N.V., APG Asset Management N.V., and Brown Capital Management LLC. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Michele O'connor, Paul J Sekhri, Thomas D Schwenger, Timothy C Barabe, and Timothy S Cabral. View insider buying and selling activity for Veeva Systems.

VEEV stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Alliancebernstein L.P., Wellington Management Group LLP, Rheos Capital Works Inc., 1832 Asset Management L.P., 1832 Asset Management L.P., and Thrivent Financial for Lutherans. View insider buying and selling activity for Veeva Systems.

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

One share of VEEV stock can currently be purchased for approximately $218.96.

Veeva Systems has a market capitalization of $32.68 billion and generates $1.10 billion in revenue each year. The technology company earns $301.12 million in net income (profit) each year or $1.62 on an earnings per share basis. Veeva Systems employs 3,501 workers across the globe.

The official website for Veeva Systems is www.veeva.com.

Veeva Systems' mailing address is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. The technology company can be reached via phone at 925-452-6500 or via email at [email protected]