Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company offers solutions that help organizations manage their content and data efficiently. Veeva's competitors include companies like Oracle and SAP, which also provide enterprise software solutions.
On December 19, 2024, Jeff Garro from Stephens set a price target of $280 for VEEV, suggesting a potential upside of 27.46% from its current price of $219.67. Garro initiated coverage with an Overweight rating, indicating a positive outlook on the stock's future performance.
Veeva's sales growth is stabilizing in the mid-teens, and the company is returning to EBITDA margins exceeding 40%, as highlighted by Stephens. This strong financial performance is a key factor in the bullish outlook. The company's strategy to expand into new markets could further enhance its valuation multiple, which is currently below its 10-year average.
The stock has shown strong performance over the past six months, partly due to positive feedback on the Vault transition. Despite a recent decrease of $1.87 or -0.84%, VEEV's market capitalization remains robust at approximately $35.66 billion. The stock has fluctuated between $218.11 and $225.97 today, with a trading volume of 1,103,415 shares.
Over the past year, VEEV has experienced a high of $258.93 and a low of $170.25. This range reflects the stock's volatility and potential for growth. Stephens believes that Veeva's strategic initiatives could elevate its valuation back towards its historical average, supporting the optimistic price target of $280.
Symbol | Price | %chg |
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2413.T | 1926 | -3.09 |
IKS.NS | 1619.9 | 0.6 |
IKS.BO | 1612 | 0.15 |
4483.T | 3894 | -2.31 |
Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics. Veeva's competitors include companies like Salesforce and Oracle, which also offer cloud-based solutions for various industries.
On May 29, 2025, Brent Bracelin from Piper Sandler set a new price target for VEEV at $325. At the time, the stock was trading at $233, indicating a potential increase of approximately 39.5%. This optimistic outlook comes shortly after Veeva's Q1 2026 earnings conference call, which took place on May 28, 2025. The call featured key company figures such as CEO Peter Gassner and CFO Brian Van Wagener.
The conference call was attended by analysts from major financial institutions, including Piper Sandler, Barclays, and Goldman Sachs. This broad interest from financial analysts highlights the market's keen attention to Veeva's performance and future prospects. The current stock price of VEEV is $234.49, reflecting a slight decrease of 1.50% or $3.57, with a trading range today between $233.65 and $238.98.
Veeva's market capitalization is approximately $38.21 billion, with a trading volume of 2,195,001 shares on the NYSE. Over the past year, the stock has seen a high of $258.93 and a low of $170.25. This volatility reflects the dynamic nature of the tech industry and the market's response to Veeva's strategic moves and financial performance.
Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics, helping pharmaceutical and biotechnology companies streamline their operations. Veeva's competitors include companies like Salesforce and Oracle, which also offer cloud-based solutions across various industries.
As Veeva prepares to release its quarterly earnings on May 28, 2025, analysts have set expectations high with an estimated earnings per share (EPS) of $1.74. This figure represents a 16% increase from the previous year, showcasing the company's growth trajectory. Revenue is projected to reach $728.4 million, reflecting an 11.9% year-over-year growth. These figures highlight Veeva's strong market position and its ability to generate substantial revenue.
Wall Street analysts play a significant role in shaping investor sentiment, and their ratings can greatly influence stock prices. Veeva currently holds an average brokerage recommendation (ABR) of 1.97, indicating a position between Strong Buy and Buy. Out of 27 brokerage firms, 14 have given a Strong Buy recommendation, while three have recommended Buy. These ratings account for 51.9% and 11.1% of all recommendations, respectively, suggesting a positive outlook for Veeva.
Despite a slight downward revision of 0.2% in the consensus EPS estimate over the past month, Veeva's financial metrics remain robust. The company's price-to-earnings (P/E) ratio is approximately 53, indicating investor confidence in its earnings potential. Veeva's price-to-sales ratio stands at about 13.82, reflecting the market's valuation of its revenue. Additionally, the enterprise value to sales ratio is around 13.44, suggesting a strong market valuation relative to sales.
Veeva's financial health is further underscored by its low debt-to-equity ratio of 0.013, indicating minimal reliance on debt financing. The company also maintains a strong liquidity position with a current ratio of 4.51, highlighting its ability to cover short-term liabilities with short-term assets. These metrics, combined with an earnings yield of about 1.89%, demonstrate Veeva's solid financial foundation and potential for continued growth.
Veeva Systems (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics, helping pharmaceutical and biotechnology companies streamline their operations. Veeva's competitors include companies like Oracle and Salesforce, which also offer cloud-based solutions.
On January 23, 2025, Gabriela Borges from Goldman Sachs set a price target of $200 for VEEV. At that time, VEEV was trading at $229.07, indicating a price difference of approximately -12.69% from the target. Despite this, Veeva Systems is considered a growth stock worth buying in 2025 and holding for the next decade, as highlighted by its current market performance.
In 2024, artificial intelligence (AI) was the most popular investment topic. However, as we move into 2025, Veeva Systems presents a compelling investment case outside of the AI sphere. The stock is currently priced at $229.07, reflecting an increase of 2.70% or $6.03. This suggests investor confidence in Veeva's growth potential, despite the ongoing focus on AI.
During the trading day, VEEV's stock fluctuated between a low of $224.04 and a high of $229.37. Over the past year, the stock has reached a high of $258.93 and a low of $170.25. This volatility indicates that while the stock has experienced ups and downs, it remains a strong contender in the market.
Veeva Systems has a market capitalization of approximately $37.19 billion, with a trading volume of 1,612,909 shares on the NYSE:VEEV. This substantial market cap and trading volume reflect the company's significant presence in the industry and investor interest in its long-term growth prospects.
Veeva Systems (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics, helping pharmaceutical and biotechnology companies streamline their operations. Veeva's competitors include companies like Oracle and Salesforce, which also offer cloud-based solutions.
On January 23, 2025, Gabriela Borges from Goldman Sachs set a price target of $200 for VEEV. At that time, VEEV was trading at $229.07, indicating a price difference of approximately -12.69% from the target. Despite this, Veeva Systems is considered a growth stock worth buying in 2025 and holding for the next decade, as highlighted by its current market performance.
In 2024, artificial intelligence (AI) was the most popular investment topic. However, as we move into 2025, Veeva Systems presents a compelling investment case outside of the AI sphere. The stock is currently priced at $229.07, reflecting an increase of 2.70% or $6.03. This suggests investor confidence in Veeva's growth potential, despite the ongoing focus on AI.
During the trading day, VEEV's stock fluctuated between a low of $224.04 and a high of $229.37. Over the past year, the stock has reached a high of $258.93 and a low of $170.25. This volatility indicates that while the stock has experienced ups and downs, it remains a strong contender in the market.
Veeva Systems has a market capitalization of approximately $37.19 billion, with a trading volume of 1,612,909 shares on the NYSE:VEEV. This substantial market cap and trading volume reflect the company's significant presence in the industry and investor interest in its long-term growth prospects.
Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company offers solutions that help organizations manage their content and data efficiently. Veeva's competitors include companies like Oracle and SAP, which also provide enterprise software solutions.
On December 19, 2024, Jeff Garro from Stephens set a price target of $280 for VEEV, suggesting a potential upside of 27.46% from its current price of $219.67. Garro initiated coverage with an Overweight rating, indicating a positive outlook on the stock's future performance.
Veeva's sales growth is stabilizing in the mid-teens, and the company is returning to EBITDA margins exceeding 40%, as highlighted by Stephens. This strong financial performance is a key factor in the bullish outlook. The company's strategy to expand into new markets could further enhance its valuation multiple, which is currently below its 10-year average.
The stock has shown strong performance over the past six months, partly due to positive feedback on the Vault transition. Despite a recent decrease of $1.87 or -0.84%, VEEV's market capitalization remains robust at approximately $35.66 billion. The stock has fluctuated between $218.11 and $225.97 today, with a trading volume of 1,103,415 shares.
Over the past year, VEEV has experienced a high of $258.93 and a low of $170.25. This range reflects the stock's volatility and potential for growth. Stephens believes that Veeva's strategic initiatives could elevate its valuation back towards its historical average, supporting the optimistic price target of $280.
Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics. Veeva's competitors include companies like Salesforce and Oracle, which also offer cloud-based solutions across various industries.
On December 4, 2024, VEEV is set to release its quarterly earnings, with Wall Street analysts estimating an earnings per share (EPS) of $1.58. This represents a significant 17.9% increase from the same period last year, as highlighted by Zacks Investment Research. The revenue is projected to be around $688.44 million, reflecting an 11% year-over-year growth.
The stability in the consensus EPS estimate over the past month suggests that analysts have maintained their initial projections. This stability is crucial as empirical research shows a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. Veeva Systems has a history of delivering impressive earnings surprises, which could lead to an earnings beat in the upcoming report.
Veeva Systems' financial metrics indicate a strong market valuation. The company has a price-to-earnings (P/E) ratio of approximately 59.78, meaning investors are willing to pay nearly 60 times the company's earnings over the past twelve months. The price-to-sales ratio is about 14.31, and the enterprise value to sales ratio is approximately 13.88, reflecting the company's valuation in relation to its revenue.
Veeva Systems maintains a robust financial position with minimal debt, as indicated by a debt-to-equity ratio of just 0.002. The company also showcases strong liquidity, with a current ratio of about 5.01, meaning it has more than five times the current assets needed to cover its current liabilities. This financial strength positions Veeva well for future growth and stability.