Veeva Systems Inc. (VEEV)
NYSE: VEEV · Real-Time Price · USD
225.79
-2.95 (-1.29%)
Feb 21, 2025, 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 253.15, with a low estimate of 192 and a high estimate of 307. The average target predicts an increase of 12.12% from the current stock price of 225.79.
Analyst Consensus: Buy
* Price targets were last updated on Jan 23, 2025.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Buy | 8 | 9 | 9 | 11 | 11 | 11 |
| Hold | 7 | 7 | 8 | 8 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 23 | 24 | 25 | 27 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy → Strong Sell Downgrades $261 → $200 | Strong Buy → Strong Sell | Downgrades | $261 → $200 | -11.42% | Jan 23, 2025 |
| Needham | Needham | Strong Buy Reiterates $270 | Strong Buy | Reiterates | $270 | +19.58% | Jan 17, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $261 → $210 | Hold | Maintains | $261 → $210 | -6.99% | Jan 13, 2025 |
| Keybanc | Keybanc | Buy Maintains $285 → $255 | Buy | Maintains | $285 → $255 | +12.94% | Jan 8, 2025 |
| Stephens & Co. | Stephens & Co. | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Dec 20, 2024 |
Financial Forecast
Revenue This Year
2.79B
from 2.36B
Increased by 17.95%
Revenue Next Year
3.13B
from 2.79B
Increased by 12.20%
EPS This Year
6.53
from 3.22
Increased by 102.67%
EPS Next Year
7.05
from 6.53
Increased by 8.00%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 3.2B | 3.6B | 4.1B | |||
| Avg | 2.8B | 3.1B | 3.5B | |||
| Low | 2.6B | 2.9B | 3.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 34.6% | 29.0% | 30.2% | |||
| Avg | 18.0% | 12.2% | 12.8% | |||
| Low | 11.9% | 3.8% | 4.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 7.18 | 7.72 | 8.92 | |||
| Avg | 6.53 | 7.05 | 7.85 | |||
| Low | 4.27 | 4.96 | 5.75 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 123.0% | 18.4% | 26.5% | |||
| Avg | 102.7% | 8.0% | 11.3% | |||
| 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.