Veeva Systems Inc. (VEEV)
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]
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 StatementsAnalyst 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.
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) ...
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...
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.
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...
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...
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...
3 Top Stocks for Growth Investors to Buy Now
The undervalued stocks of these mid-sized companies with economic moats look attractive.
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.
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.
Walgreens and Veeva Form Strategic Partnership
DEERFIELD, Ill. and PLEASANTON, Calif.
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.
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...
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...
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...
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...
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 ...
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...
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.
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...
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...
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...
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...
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...
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...