NYSE:VEEV - Veeva Systems Stock Price, Forecast & News

Veeva Systems' stock was trading at $144.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VEEV shares have increased by 0.8% and is now trading at $145.55. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeva Systems in the last year. There are currently 7 hold ratings and 13 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 Wednesday, June 3rd 2020. View our earnings forecast for Veeva Systems.

Veeva Systems Inc (NYSE:VEEV) issued its quarterly earnings data on Tuesday, March, 3rd. The technology company reported $0.54 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. The technology company had revenue of $311.50 million for the quarter, compared to the consensus estimate of $298 million. Veeva Systems had a net margin of 27.27% and a return on equity of 16.96%. Veeva Systems's quarterly revenue was up 34.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 earnings per share. View Veeva Systems' earnings history.

Veeva Systems updated its FY21 earnings guidance on Tuesday, March, 3rd. The company provided EPS guidance of ~$2.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.51. The company issued revenue guidance of $1.4-1.405 billion, compared to the consensus revenue estimate of $1.39 billion.

20 analysts have issued 12-month price targets for Veeva Systems' stock. Their forecasts range from $150.00 to $200.00. On average, they anticipate Veeva Systems' stock price to reach $176.15 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for Veeva Systems.

Media coverage about VEEV stock has trended extremely negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing 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 news impact score of -4.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View the latest news aboutVeeva Systems.

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

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

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

Veeva Systems' stock is owned by many different institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (3.90%), FMR LLC (3.41%), State Street Corp (1.91%), Franklin Resources Inc. (1.63%), Franklin Resources Inc. (1.63%) and UBS Asset Management Americas Inc. (1.44%). 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 FMR LLC, Renaissance Technologies LLC, Nuveen Asset Management LLC, Baird Financial Group Inc., Goldman Sachs Group Inc., Man Group plc, Fiera Capital Corp, and First Trust Advisors LP. Company insiders that have sold Veeva Systems company stock in the last year include Alan Mateo, Eleni Nitsa Zuppas, Frederic Lequient, Jonathan Faddis, Matthew J Wallach, 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 purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Norges Bank, Credit Suisse AG, Van ECK Associates Corp, Franklin Resources Inc., Franklin Resources Inc., Massachusetts Financial Services Co. MA, and Sei Investments Co.. 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 $145.55.

Veeva Systems has a market capitalization of $21.63 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 2,553 workers across the globe. View additional information about Veeva Systems.

The official website for Veeva Systems is http://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]