Zacks Research Analysts Boost Earnings Estimates for Veeva Systems Inc. (NYSE:VEEV)

Veeva Systems Inc. (NYSE:VEEV) – Stock analysts at Zacks Research increased their FY2025 earnings estimates for Veeva Systems in a research note issued on Wednesday, September 18th. Zacks Research analyst R. Department now forecasts that the technology company will earn $4.20 per share for the year, up from their previous estimate of $4.10. The consensus estimate for Veeva Systems’ current full-year earnings is $4.20 per share. Zacks Research also issued estimates for Veeva Systems’ Q4 2025 earnings at $1.01 EPS, Q2 2026 earnings at $1.11 EPS, Q3 2026 earnings at $1.10 EPS, FY2026 earnings at $4.46 EPS, Q1 2027 earnings at $1.19 EPS, Q2 2027 earnings at $1.23 EPS and FY2027 earnings at $5.07 EPS.

Veeva Systems (NYSE:VEEV) last released its quarterly earnings results on Wednesday, August 28th. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $676.18 million for the quarter, compared to the consensus estimate of $667.21 million. Veeva Systems had a net margin of 23.91% and a return on equity of 13.30%.

A number of other equities research analysts also recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and issued a $260.00 price target on shares of Veeva Systems in a research note on Thursday, August 29th. Morgan Stanley lowered their price target on shares of Veeva Systems from $210.00 to $173.00 and set an “underweight” rating for the company in a report on Friday, May 31st. Truist Financial raised their price objective on shares of Veeva Systems from $197.00 to $207.00 and gave the stock a “hold” rating in a research report on Tuesday, September 3rd. Piper Sandler raised their price objective on shares of Veeva Systems from $225.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, August 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Veeva Systems from $203.00 to $208.00 and gave the company a “neutral” rating in a research report on Monday, September 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Veeva Systems has a consensus rating of “Moderate Buy” and an average target price of $229.96.

Veeva Systems Stock Down 1.8 %

Shares of Veeva Systems stock opened at $211.04 on Monday. The company has a market capitalization of $34.12 billion, a price-to-earnings ratio of 62.25, a PEG ratio of 2.12 and a beta of 0.81. Veeva Systems has a 12-month low of $162.72 and a 12-month high of $236.90. The firm’s 50-day moving average price is $199.76 and its two-hundred day moving average price is $201.29.

Insider Transactions at Veeva Systems

In related news, SVP Jonathan Faddis sold 2,353 shares of the business’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $200.00, for a total value of $470,600.00. Following the sale, the senior vice president now directly owns 9,035 shares in the company, valued at approximately $1,807,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 10.50% of the company’s stock.

Institutional Investors Weigh In On Veeva Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VEEV. Advisors Asset Management Inc. purchased a new position in Veeva Systems during the 1st quarter valued at about $28,000. DSM Capital Partners LLC bought a new stake in Veeva Systems in the fourth quarter valued at approximately $29,000. First Financial Corp IN bought a new stake in Veeva Systems in the first quarter valued at approximately $35,000. Larson Financial Group LLC lifted its position in Veeva Systems by 1,153.8% in the first quarter. Larson Financial Group LLC now owns 163 shares of the technology company’s stock valued at $38,000 after purchasing an additional 150 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in Veeva Systems in the fourth quarter valued at approximately $32,000. 88.20% of the stock is currently owned by institutional investors.

Veeva Systems Company Profile

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; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States.