Veeva Systems Inc. (VEEV)
NYSE: VEEV · Real-Time Price · USD
224.15
+4.48 (2.04%)
Dec 20, 2024, 4:00 PM EST - Market closed
Veeva Systems Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Veeva Systems stock have an average target of 256.77, with a low estimate of 192 and a high estimate of 307. The average target predicts an increase of 14.55% from the current stock price of 224.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Veeva Systems stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 8 | 8 | 8 | 9 | 9 | 11 |
| Hold | 7 | 8 | 7 | 7 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 24 | 23 | 24 | 25 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Dec 20, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $183 → $195 | Sell | Maintains | $183 → $195 | -13.00% | Dec 17, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $208 → $218 | Hold | Maintains | $208 → $218 | -2.74% | Dec 16, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $281 → $307 | Strong Buy | Maintains | $281 → $307 | +36.96% | Dec 9, 2024 |
| Mizuho | Mizuho | Buy Maintains $275 → $280 | Buy | Maintains | $275 → $280 | +24.92% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
2.78B
from 2.36B
Increased by 17.57%
Revenue Next Year
3.12B
from 2.78B
Increased by 12.27%
EPS This Year
6.52
from 3.22
Increased by 102.51%
EPS Next Year
7.05
from 6.52
Increased by 8.09%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.9B | 3.3B | 3.7B | ||
| Avg | 2.8B | 3.1B | 3.5B | ||
| Low | 2.7B | 3.0B | 3.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 21.3% | 18.0% | 20.1% | ||
| Avg | 17.6% | 12.3% | 12.7% | ||
| Low | 12.9% | 6.2% | 4.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.18 | 7.72 | 8.92 | ||
| Avg | 6.52 | 7.05 | 7.84 | ||
| Low | 4.27 | 4.96 | 5.75 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 123.0% | 18.4% | 26.5% | ||
| Avg | 102.5% | 8.1% | 11.2% | ||
| Low | 32.7% | -24.0% | -18.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.