Veeva Systems Inc. (VEEV)
NYSE: VEEV · Real-Time Price · USD
213.25
+0.47 (0.22%)
Nov 4, 2024, 12:59 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 233.22, with a low estimate of 173 and a high estimate of 286. The average target predicts an increase of 9.36% from the current stock price of 213.25.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 7 | 7 | 7 | 7 |
| Buy | 10 | 8 | 8 | 8 | 8 | 8 |
| Hold | 7 | 7 | 7 | 8 | 7 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 21 | 23 | 24 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $251 → $245 | Buy | Maintains | $251 → $245 | +14.89% | Oct 28, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Buy Initiates $286 | Buy | Initiates | $286 | +34.11% | Oct 8, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $233 → $249 | Strong Buy | Maintains | $233 → $249 | +16.76% | Oct 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $203 → $208 | Hold | Maintains | $203 → $208 | -2.46% | Sep 9, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $197 → $207 | Hold | Maintains | $197 → $207 | -2.93% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
2.76B
from 2.36B
Increased by 16.85%
Revenue Next Year
3.09B
from 2.76B
Increased by 11.95%
EPS This Year
6.29
from 3.22
Increased by 95.36%
EPS Next Year
6.90
from 6.29
Increased by 9.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9B | 3.2B | 3.7B | ||
| Avg | 2.8B | 3.1B | 3.5B | ||
| Low | 2.6B | 2.9B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.6% | 17.5% | 19.2% | ||
| Avg | 16.9% | 11.9% | 12.4% | ||
| Low | 11.9% | 5.9% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.65 | 7.57 | 8.82 | ||
| Avg | 6.29 | 6.90 | 7.66 | ||
| Low | 4.18 | 5.08 | 5.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 106.4% | 20.3% | 27.9% | ||
| Avg | 95.4% | 9.7% | 11.0% | ||
| 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.