Veeva Systems Inc. (VEEV)

NYSE: VEEV · Real-Time Price · USD
223.04
+6.45 (2.98%)
Jan 21, 2025, 4:00 PM EST - Market closed
2.98%
Market Cap 36.21B
Revenue (ttm) 2.66B
Net Income (ttm) 665.91M
Shares Out 162.35M
EPS (ttm) 4.05
PE Ratio 55.08
Forward PE 33.07
Dividend n/a
Ex-Dividend Date n/a
Volume 898,293
Open 218.54
Previous Close 216.59
Day's Range 218.04 - 223.56
52-Week Range 170.25 - 258.93
Beta 0.84
Analysts Buy
Price Target 255.00 (+14.33%)
Earnings Date Feb 27, 2025

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 27 analysts, the average rating for VEEV stock is "Buy." The 12-month stock price forecast is $255.0, which is an increase of 14.33% from the latest price.

Price Target
$255.0
(14.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Veeva to Present at Upcoming Investor Conference

PLEASANTON, Calif. , Jan. 13, 2025 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced participation in the following investor conference: 27th Annual Needham Growth Conference.

8 days ago - PRNewsWire

Veeva's Vault Is Safe-But What About Its CRM Offering

Veeva share price has recently been battling concerns that Salesforce will become a more aggressive competitor and take meaningful market share in Veeva's CRM space. Veeva's financial performance rema...

12 days ago - Seeking Alpha

Veeva: My Software Pick For 2025

Veeva saw its revenue and non-GAAP operating income grow 13% and 29% YoY in its Q3 FY25 earnings, beating estimates with ongoing momentum in its Development Cloud. The Development Cloud segment, now V...

14 days ago - Seeking Alpha

A Growing Number of Biopharmas Leverage Veeva Compass Patient to Improve Commercialization

Modern commercial data helps organizations find new patients and HCPs PLEASANTON, Calif. , Dec. 12, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced increasing momentum for Veeva Compas...

5 weeks ago - PRNewsWire

Veeva Delivers Vault CRM Suite with Vault CRM Campaign Manager

Latest release of Veeva Vault CRM Suite connects engagement across sales, marketing, and medical PLEASANTON, Calif. , Dec. 10, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced the newes...

6 weeks ago - PRNewsWire

Veeva Systems: Normalization Of Macro Environment Is Positive For VEEV

I am positive on Veeva Systems (VEEV) due to expected growth acceleration as demand normalizes and strong product adoption continues. VEEV's latest earnings report showed impressive revenue growth and...

6 weeks ago - Seeking Alpha

Veeva Systems Q3: Making Progress With Vault CRM; Reiterating 'Strong Buy'

Veeva Systems shows strong growth with 13.4% revenue and 30% adjusted operating income increases, driven by successful Vault CRM migration and new customer acquisitions. The company is expanding AI of...

6 weeks ago - Seeking Alpha

Veeva Systems Inc. (VEEV) Q3 2025 Earnings Call Transcript

Veeva Systems Inc. (NYSE:VEEV) Q3 2025 Earnings Conference Call December 5, 2024 5:00 PM ET Company Participants Gunnar Hansen - Director, Investor Relations Peter Gassner - Chief Executive Officer P...

6 weeks ago - Seeking Alpha

Veeva Announces Fiscal 2025 Third Quarter Results

Total Revenues of $699.2M, up 13% Year Over Year Subscription Services Revenues of $580.9M, up 17% Year Over Year PLEASANTON, Calif. , Dec. 5, 2024 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a l...

6 weeks ago - PRNewsWire

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) ...

2 months 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...

2 months 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 months 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...

2 months 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...

2 months 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...

2 months 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
2 months 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.

2 months 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.

3 months ago - Business Wire

Walgreens and Veeva Form Strategic Partnership

DEERFIELD, Ill. and PLEASANTON, Calif.

Other symbols: WBA
3 months 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.

3 months 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...

3 months 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...

4 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...

4 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...

4 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 ...

4 months ago - GlobeNewsWire