Veeva Systems Inc. (VEEV)
Market Cap | 36.39B |
Revenue (ttm) | 2.66B |
Net Income (ttm) | 665.91M |
Shares Out | 162.35M |
EPS (ttm) | 4.05 |
PE Ratio | 55.35 |
Forward PE | 33.25 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,465,186 |
Open | 219.87 |
Previous Close | 219.67 |
Day's Range | 218.44 - 227.10 |
52-Week Range | 170.25 - 258.93 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 256.77 (+14.55%) |
Earnings Date | Dec 5, 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 27 analysts, the average rating for VEEV stock is "Buy." The 12-month stock price forecast is $256.77, which is an increase of 14.55% from the latest price.
News
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...
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...
Veeva to Present at Upcoming Investor Conference
PLEASANTON, Calif. , Dec. 9, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced participation in the following investor conference: Raymond James 2024 TMT and Consumer Conference, New Yor...
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...
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...
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...
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...
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...
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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...