Veeva Systems Inc. (VEEV)
NYSE: VEEV · Real-Time Price · USD
214.49
+3.86 (1.83%)
Nov 21, 2024, 12:14 PM EST - Market open
Veeva Systems Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for Veeva Systems stock have an average target of 237.35, with a low estimate of 173 and a high estimate of 286. The average target predicts an increase of 10.66% from the current stock price of 214.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Veeva Systems stock from 23 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 7 | 7 | 7 | 7 | 7 |
| Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Hold | 7 | 7 | 8 | 7 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 23 | 24 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $240 → $260 | Buy | Maintains | $240 → $260 | +21.22% | Nov 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $250 → $275 | Buy | Maintains | $250 → $275 | +28.21% | Nov 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $260 | Strong Buy | Reiterates | $260 | +21.22% | Nov 8, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $230 → $280 | Buy | Maintains | $230 → $280 | +30.54% | Nov 8, 2024 |
| Baird | Baird | Buy Maintains $251 → $245 | Buy | Maintains | $251 → $245 | +14.22% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
2.77B
from 2.36B
Increased by 17.32%
Revenue Next Year
3.11B
from 2.77B
Increased by 12.01%
EPS This Year
6.29
from 3.22
Increased by 95.38%
EPS Next Year
6.89
from 6.29
Increased by 9.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.2B | 3.5B | 3.7B | ||
| Avg | 2.8B | 3.1B | 3.5B | ||
| Low | 2.7B | 2.9B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.6% | 27.4% | 18.6% | ||
| Avg | 17.3% | 12.0% | 11.8% | ||
| Low | 12.2% | 5.8% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.65 | 7.57 | 8.82 | ||
| Avg | 6.29 | 6.89 | 7.64 | ||
| Low | 4.18 | 5.08 | 5.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 106.4% | 20.3% | 28.0% | ||
| Avg | 95.4% | 9.6% | 10.8% | ||
| Low | 30.0% | -19.3% | -14.6% |
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.