Veeva Systems Inc. (VEEV)

NYSE: VEEV · IEX Real-Time Price · USD
200.91
+1.82 (0.91%)
At close: Apr 26, 2024, 4:00 PM
200.71
-0.20 (-0.10%)
After-hours: Apr 26, 2024, 7:37 PM EDT
0.91%
Market Cap 32.47B
Revenue (ttm) 2.36B
Net Income (ttm) 525.71M
Shares Out 161.61M
EPS (ttm) 3.22
PE Ratio 62.39
Forward PE 33.91
Dividend n/a
Ex-Dividend Date n/a
Volume 737,360
Open 200.51
Previous Close 199.09
Day's Range 199.09 - 202.51
52-Week Range 160.21 - 236.90
Beta 0.73
Analysts Buy
Price Target 230.74 (+14.85%)
Earnings Date May 29, 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 $230.74, which is an increase of 14.85% from the latest price.

Price Target
$230.74
(14.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

3 days 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...

8 days 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...

9 days 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...

9 days 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...

25 days 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...

5 weeks 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,...

7 weeks 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 ...

2 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) ...

2 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...

2 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...

2 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...

3 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...

3 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...

3 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...

3 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.

3 months ago - PRNewsWire

Recipharm Harmonizes its Global Quality Operations with Veeva Vault Quality

Leading CDMO adopts Veeva Vault QMS, Vault QualityDocs, and Vault Training to standardize quality processes and manage GxP content across its organization   PLEASANTON, Calif. , Dec. 19, 2023 /PRNewsw...

4 months ago - PRNewsWire

Veeva Announces Fiscal 2024 Third Quarter Results

Total Revenues of $616.5M, up 12% Year Over Year; Subscription Services Revenues of $494.9M, up 12% Year Over Year PLEASANTON, Calif. , Dec. 6, 2023 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a ...

5 months ago - PRNewsWire

Bayer Commits to Veeva Vault CRM and Veeva OpenData Globally

Establishes connected software and data foundation for the future with  next-generation life sciences CRM and harmonized customer data PLEASANTON, Calif. , Nov. 27, 2023 /PRNewswire/ -- Veeva Systems ...

5 months ago - PRNewsWire

Top Biopharma Commits to Veeva Vault CRM for Global Customer Engagement

GSK is one of the first industry adopters of the next-generation CRM as technology for commercial innovation PLEASANTON, Calif. , Nov. 27, 2023 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announc...

5 months ago - PRNewsWire

Veeva to Release Fiscal 2024 Third Quarter Results on December 6, 2023

PLEASANTON, Calif. , Nov. 15, 2023 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its third quarter, which ended October 31, 2023, after market close on December 6, 202...

5 months ago - PRNewsWire

New Research Finds 87% of Medtechs Lack Consistent Methods to Share Product Information Across Global Regulatory Teams

Growing regulatory complexity driving need for a single source of regulatory information PLEASANTON, Calif. , Nov. 15, 2023 /PRNewswire/ -- Most medtech companies (87%) can't seamlessly exchange produ...

5 months ago - PRNewsWire

Veeva Pulse Shows Doctors Opening Up Two-Way Communications Doubles Digital Engagement

HCPs initiate 30% of conversations when field teams provide compliant chat as a channel New channel puts reps closer to the moment of need with doctors and their patients PLEASANTON, Calif. , Nov. 9, ...

6 months ago - PRNewsWire

Veeva to Host Virtual Investor Day on Nov. 9, 2023

PLEASANTON, Calif. , Oct. 5, 2023 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will host its investor day virtually on Thursday, November 9, 2023.

7 months ago - PRNewsWire

LEO Pharma Connects Affiliates with Veeva Vault Safety to Transform Safety Operations

Medical dermatology leader eliminates data silos and gains real-time oversight PLEASANTON, Calif. , Oct. 3, 2023 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that LEO Pharma, a global le...

7 months ago - PRNewsWire