Veeva Systems Inc. (VEEV)

NYSE: VEEV · Real-Time Price · USD
210.63
+0.74 (0.35%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.35%
Market Cap 34.11B
Revenue (ttm) 2.57B
Net Income (ttm) 615.26M
Shares Out 161.93M
EPS (ttm) 3.75
PE Ratio 56.17
Forward PE 32.69
Dividend n/a
Ex-Dividend Date n/a
Volume 1,187,356
Open 211.10
Previous Close 209.89
Day's Range 207.54 - 211.33
52-Week Range 165.12 - 240.68
Beta 0.81
Analysts Buy
Price Target 237.35 (+12.69%)
Earnings Date Dec 4, 2024

About VEEV

Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics 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; Ve... [Read more]

Sector Healthcare
IPO Date Oct 16, 2013
Employees 7,172
Stock Exchange NYSE
Ticker Symbol VEEV
Full Company Profile

Financial Performance

In 2023, Veeva Systems's revenue was $2.36 billion, an increase of 9.68% compared to the previous year's $2.16 billion. Earnings were $525.71 million, an increase of 7.79%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for VEEV stock is "Buy." The 12-month stock price forecast is $237.35, which is an increase of 12.69% from the latest price.

Price Target
$237.35
(12.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and Claims

Reducing content approvals from more than four weeks and automating claims are key opportunities to drive speed to market PLEASANTON, Calif. , Nov. 21, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) ...

43 minutes ago - PRNewsWire

Veeva Announces AI in Vault CRM

CRM Bot and Voice Control deliver GenAI-powered assistance in Vault CRM MADRID and PLEASANTON, Calif. , Nov. 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Vault CRM Bot and Vault...

1 day ago - PRNewsWire

Veeva Announces New Digital Hazard Analysis and Critical Control Point (HACCP) Solution

PLEASANTON, Calif. , Nov. 19, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced its new cloud-based digital Hazard Analysis and Critical Control Point (HACCP) solution.

2 days ago - PRNewsWire

Veeva to Release Fiscal 2025 Third Quarter Results on December 5, 2024

PLEASANTON, Calif. , Nov. 14, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its third quarter, which ended October 31, 2024, after market close on December 5, 202...

6 days ago - PRNewsWire

Boehringer Ingelheim Commits to Veeva Vault CRM

Top biopharma company selects the next generation of CRM for life sciences as its commercial foundation for future expansion and launches PLEASANTON, Calif. , Nov. 14, 2024 /PRNewswire/ -- Veeva Syste...

6 days ago - PRNewsWire

Veeva Pulse Data Shows New Science Calls for More Connected Engagement

Synchronizing sales and marketing improves outcomes, yet 65% of field engagements are not PLEASANTON, Calif. , Nov. 14, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today released its latest  Veeva...

7 days ago - PRNewsWire

3 Top Stocks for Growth Investors to Buy Now

The undervalued stocks of these mid-sized companies with economic moats look attractive.

Other symbols: DXCMRTO
8 days ago - Morningstar

Compliance Group Announces Services Partnership with Veeva Systems to Enhance Implementation, Validation and Post-Implementation Services

LIBERTYVILLE, Ill.--(BUSINESS WIRE)-- #biotech--Compliance Group Inc Announces Services Partnership with Veeva Systems to Enhance Implementation, Validation and Post-Implementation Services.

14 days ago - Business Wire

Boomi Launches New Veeva Vault Connector to Simplify Application Integration in the Life Sciences Industry

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Boomi connector streamlines integration of third-party applications with Veeva, uniting content and data for seamless, end-to-end business processes.

27 days ago - Business Wire

Walgreens and Veeva Form Strategic Partnership

DEERFIELD, Ill. and PLEASANTON, Calif.

Other symbols: WBA
4 weeks ago - PRNewsWire

Veeva to Host Virtual Investor Day on Nov. 7, 2024

PLEASANTON, Calif. , Oct. 15, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will host its investor day virtually on Thursday, November 7, 2024.

5 weeks ago - PRNewsWire

18 of the Top 20 Medtech Companies Partner with Veeva MedTech to Get Devices and Diagnostics to Patients Faster

More than 125 medtech customers use Veeva applications for seamless execution across product development PLEASANTON, Calif. , Oct. 2, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced th...

7 weeks ago - PRNewsWire

Veeva Vault QMS Adds Field Actions and Recall Management for Medtech

New capabilities improve oversight, timeliness, and accuracy of field actions to ensure product quality and patient safety PLEASANTON, Calif. , Sept. 24, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV...

2 months ago - PRNewsWire

Veeva Systems: SMB Sector Is Growing Momentum

I rate Veeva Systems Inc. as a buy due to the recent 0.5% interest rate cut from the FED, boosting demand from recovering SMB biotech firms. Veeva's Q2 FY2025 results exceeded expectations, with reven...

2 months ago - Seeking Alpha

Veeva Systems Inc. (VEEV) Citi's 2024 Global TMT Conference (Transcript)

Veeva Systems Inc. (NYSE:VEEV) Citi's 2024 Global TMT Conference September 4, 2024 3:00 PM ET Company Participants Paul Shawah - Executive Vice President, Commercial Strategy Conference Call Particip...

2 months ago - Seeking Alpha

TransPerfect Achieves Veeva Gold Certified Product Partner Status and Joins AI Partner Program

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- TransPerfect , the world's largest provider of language and AI solutions for global business, today announced it has achieved Veeva Gold Certified Product ...

2 months ago - GlobeNewsWire

Major Release of Veeva Site Connect Streamlines Clinical Trial Execution for Sites and Sponsors

New capabilities and simple, standard site experience cut trial time and expense Fixed price implementation to get up and running quickly Industry advances to connected trials as seven of the top 20 b...

2 months ago - PRNewsWire

12 Fast And Steady Earnings Growth Stocks For September

How fast are earnings growing on a growth stock? How big a premium do you have to pay to get that stock?

Other symbols: AMZNANETFTNTNFLXNVDA
2 months ago - Forbes

Veeva to Present at Upcoming Investor Conference

PLEASANTON, Calif. , Aug. 30, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced participation in the following investor conference: Citi 2024 Global TMT Conference, New York, NY.

2 months ago - PRNewsWire

Veeva: Q2, Robust Dev Cloud Growth, While Commercial Cloud Picks Up Steam

I upgraded Veeva to “buy” in my previous post as I believed that the company was starting to see acceleration in top and bottom lines, with the stock up 19%since. The company reported its Q2 FY25 earn...

2 months ago - Seeking Alpha

Veeva Systems Inc. (VEEV) Q2 2025 Earnings Call Transcript

Veeva Systems Inc. (NYSE:VEEV) Q2 2025 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Gunnar Hansen - Senior Director, Investor Relations Peter Gassner - Founder and Chief E...

3 months ago - Seeking Alpha

Veeva Announces Fiscal 2025 Second Quarter Results

Total Revenues of $676.2M, up 15% Year Over Year; Subscription Services Revenues of $561.3M, up 19% Year Over Year PLEASANTON, Calif. , Aug. 28, 2024 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a...

3 months ago - PRNewsWire

New Service Center in Veeva Vault CRM Suite Unifies Sales and Service

Vault CRM Service Center now available for life sciences  inside sales, contact center, and hybrid reps Vault CRM Suite to unify sales, marketing, medical, and service for true customer-centricity PLE...

3 months ago - PRNewsWire

Veeva Systems: Optimism Ahead Of Q2 Earnings Release

Veeva Systems' strong fundamentals, consistent earnings surprises, and robust financial position support continued optimism heading into Q2. VEEV demonstrated strong Q1 performance with revenue and EP...

3 months ago - Seeking Alpha

Veeva Vault LIMS Gains Momentum as Companies Unify Quality Assurance and Quality Control

Life sciences organizations now manage all quality control data and processes in one solution for greater efficiency and speed PLEASANTON, Calif. , Aug. 22, 2024 /PRNewswire/ -- Veeva Systems (NYSE: V...

3 months ago - PRNewsWire