Veeva Systems Inc. (VEEV)

NYSE: VEEV · IEX Real-Time Price · USD
182.85
+1.18 (0.65%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.65%
Market Cap 29.56B
Revenue (ttm) 2.49B
Net Income (ttm) 555.85M
Shares Out 161.65M
EPS (ttm) 3.39
PE Ratio 53.94
Forward PE 29.42
Dividend n/a
Ex-Dividend Date n/a
Volume 694,814
Open 181.71
Previous Close 181.67
Day's Range 181.57 - 183.50
52-Week Range 162.72 - 236.90
Beta 0.80
Analysts Buy
Price Target 227.43 (+24.38%)
Earnings Date Aug 28, 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 21 analysts, the average rating for VEEV stock is "Buy." The 12-month stock price forecast is $227.43, which is an increase of 24.38% from the latest price.

Price Target
$227.43
(24.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vita Global Sciences Partners with Veeva to Streamline Clinical Data Management

CRO will use Veeva Vault EDC to deliver a better experience to patients, research sites, and sponsors PLEASANTON, Calif. , June 19, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that...

13 days ago - PRNewsWire

Tigermed Advances Clinical Data Management with Veeva Vault EDC

Modern EDC streamlines key processes to accelerate study builds and make mid-study amendments with no downtime PLEASANTON, Calif. , June 6, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announ...

26 days ago - PRNewsWire

Veeva to Present at Upcoming Investor Conferences

PLEASANTON, Calif. , June 3, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced participation in the following investor conferences: William Blair 44th Annual Growth Stock Conference, Chi...

4 weeks ago - PRNewsWire

Software stocks got pummeled this week after a cluster of troubling earnings reports

Salesforce's disappointing revenue and weak guidance sent the stock to its biggest drop since 2004. Many other enterprise technology companies offered similarly troubling commentary.

Other symbols: CRMDELLMDBOKTAPATHS
4 weeks ago - CNBC

Veeva Announces Fiscal 2025 First Quarter Results

Total Revenues of $650.3M, up 24% Year Over Year; Subscription Services Revenues of $534.0M, up 29% Year Over Year PLEASANTON, Calif. , May 30, 2024 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a ...

4 weeks ago - PRNewsWire

New Veeva Pulse Findings Show Connected Engagement Creates an Advantage as HCP Access Drops

With less than half of HCPs now accessible, coordinated engagement across sales, marketing, and medical makes the most of limited time PLEASANTON, Calif. , May 23, 2024 /PRNewswire/ -- Veeva Systems (...

5 weeks ago - PRNewsWire

For the Second Year in a Row, Veeva MedTech Named Best Overall Medtech Software

Annual MedTech Breakthrough Awards program recognizes leading companies in medical devices and diagnostics PLEASANTON, Calif. , May 22, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced ...

5 weeks ago - PRNewsWire

Veeva Introduces Vault Basics for Biotechs

Delivers industry-leading Vault applications in a turnkey solution with no implementation costs for simple adoption PLEASANTON, Calif. , May 16, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today a...

6 weeks ago - PRNewsWire

Veeva to Release Fiscal 2025 First Quarter Results on May 30, 2024

PLEASANTON, Calif. , May 8, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its first quarter, which ended April 30, 2024, after market close on May 30, 2024.

7 weeks ago - PRNewsWire

Top Biopharma Brands Reach Audiences 10x More Qualified with Veeva Crossix Prime Segments

Veeva Crossix helps 16 of the top 20 biopharmas more efficiently reach clinically relevant patients PLEASANTON, Calif. , April 23, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that ...

2 months ago - PRNewsWire

Veeva Launches AI Partner Program

Advanced technology and support to enable the development of GenAI solutions PLEASANTON, Calif. , April 18, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced the Veeva AI Partner Program...

2 months ago - PRNewsWire

Biopharma Leaders Come Together at Veeva Commercial Summit to Advance Customer-Centric Engagement

Keynote speakers include leaders from Bayer, Genentech, Novo Nordisk, and Takeda sharing strategies for effective commercialization and engagement PLEASANTON, Calif. , April 17, 2024 /PRNewswire/ -- V...

2 months ago - PRNewsWire

Veeva Announces Vault CRM Campaign Manager

Marketing automation with seamless integration to sales drives customer centricity PLEASANTON, Calif. , April 17, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Veeva Vault CRM Campai...

2 months ago - PRNewsWire

Veeva Vault CRM Now Available for All New Customers

Early customers live and successful across the U.S. and Europe PLEASANTON, Calif. , April 1, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that multiple early adopters are live on Va...

3 months ago - PRNewsWire

Veeva Vault EDC Surpasses 1,000 Study Start Milestone

Eight of the top 20 biopharmas standardize on Vault EDC to build a modern clinical data foundation PLEASANTON, Calif. , March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that V...

3 months ago - PRNewsWire

Veeva to Present at Upcoming Investor Conference

PLEASANTON, Calif. , March 4, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced participation in the following investor conference: Morgan Stanley Technology, Media & Telecom Conference,...

4 months ago - PRNewsWire

Veeva Announces Fourth Quarter and Fiscal Year 2024 Results

Fiscal Year 2024 Total Revenues of $2,363.7M, up 10% Year Over Year; Q4 Total Revenues of $630.6M, up 12% Year Over Year Fiscal Year 2024 Subscription Services Revenues of $1,901.6M, up 10% Year Over ...

4 months ago - PRNewsWire

Boehringer Ingelheim Partners with Veeva to Advance its Clinical and Regulatory Operations in Animal Health

Global animal health leader adopts Veeva Vault Clinical and Veeva Vault RIM for greater efficiency, visibility, and speed PLEASANTON, Calif. , Feb. 14, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) ...

4 months ago - PRNewsWire

New Veeva Vault Submissions Publishing eLearning Application Speeds Employee Onboarding

Online training program guides users from regulatory planning to submission PLEASANTON, Calif. , Feb. 12, 2024 /PRNewswire/ -- DIA RSIDM 2024 — Veeva Systems (NYSE: VEEV) today announced Veeva Vault S...

5 months ago - PRNewsWire

Veeva to Release Fiscal 2024 Fourth Quarter and Full Year Results on February 29, 2024

PLEASANTON, Calif. , Feb. 6, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its fourth quarter and full fiscal year, which ended January 31, 2024, after market clo...

5 months ago - PRNewsWire

Now Available: Veeva Compass Suite of Commercial Data Products

Complete suite of modern patient, prescriber, and national data products for today's complex therapies Compass Prescriber includes HCP-level projections for more than 4,000 brands and their prescripti...

5 months ago - PRNewsWire

More Than 350 Companies Increase Efficiency and Compliance with Veeva Training Solutions

Complete life sciences GxP training solution delivers audit readiness PLEASANTON, Calif. , Jan. 18, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that more than 350 companies are usi...

5 months ago - PRNewsWire

Veeva Completes Study Migrations to Veeva Vault EDC for Top Biopharma

In an industry first, all ongoing studies migrated to Vault EDC from legacy EDC PLEASANTON, Calif. , Jan. 17, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced a top 20 biopharma and Vee...

5 months ago - PRNewsWire

Leading Pharma Adopts Veeva Vault Validation Management for Digital Validation Execution and Improved Efficiency

SK Life Science, Inc. uses modern cloud solution to accelerate validation processes for increased inspection readiness PLEASANTON, Calif. , Jan. 11, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) tod...

6 months ago - PRNewsWire

Veeva to Present at the 42nd Annual J.P. Morgan Healthcare Conference

PLEASANTON, Calif. , Jan. 8, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Peter Gassner, founder and CEO, will present at the 42nd Annual J.P.

6 months ago - PRNewsWire