Q1 2026 EPS Estimates for Veeva Systems Inc. (NYSE:VEEV) Reduced by Zacks Research

Veeva Systems Inc. (NYSE:VEEV) – Stock analysts at Zacks Research lowered their Q1 2026 EPS estimates for shares of Veeva Systems in a report issued on Tuesday, September 24th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $1.05 per share for the quarter, down from their prior estimate of $1.06. The consensus estimate for Veeva Systems’ current full-year earnings is $4.21 per share. Zacks Research also issued estimates for Veeva Systems’ FY2026 earnings at $4.45 EPS and FY2027 earnings at $5.05 EPS.

Several other equities research analysts have also issued reports on the stock. Morgan Stanley decreased their target price on shares of Veeva Systems from $210.00 to $173.00 and set an “underweight” rating on the stock in a research note on Friday, May 31st. Canaccord Genuity Group decreased their price objective on Veeva Systems from $220.00 to $210.00 and set a “hold” rating on the stock in a research report on Friday, May 31st. BTIG Research initiated coverage on shares of Veeva Systems in a research report on Tuesday, July 9th. They issued a “buy” rating and a $240.00 price objective on the stock. Robert W. Baird upped their price target on shares of Veeva Systems from $245.00 to $251.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. Finally, Citigroup lifted their target price on Veeva Systems from $256.00 to $273.00 and gave the company a “buy” rating in a research report on Tuesday, August 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Veeva Systems currently has an average rating of “Moderate Buy” and an average target price of $229.96.

Veeva Systems Trading Up 2.1 %

Shares of VEEV opened at $209.46 on Friday. Veeva Systems has a 1-year low of $162.72 and a 1-year high of $236.90. The firm has a fifty day simple moving average of $201.22 and a two-hundred day simple moving average of $201.23. The firm has a market cap of $33.92 billion, a PE ratio of 61.79, a P/E/G ratio of 2.02 and a beta of 0.81.

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

Institutional Investors Weigh In On Veeva Systems

A number of institutional investors have recently made changes to their positions in the company. Clearbridge Investments LLC boosted its position in shares of Veeva Systems by 0.4% during the second quarter. Clearbridge Investments LLC now owns 11,682 shares of the technology company’s stock worth $2,138,000 after buying an additional 52 shares during the period. Western Pacific Wealth Management LP lifted its holdings in shares of Veeva Systems by 23.3% in the first quarter. Western Pacific Wealth Management LP now owns 307 shares of the technology company’s stock valued at $71,000 after purchasing an additional 58 shares in the last quarter. OV Management LLC grew its stake in Veeva Systems by 1.0% during the 2nd quarter. OV Management LLC now owns 6,659 shares of the technology company’s stock valued at $1,219,000 after acquiring an additional 63 shares in the last quarter. Simplicity Wealth LLC grew its position in Veeva Systems by 1.7% during the second quarter. Simplicity Wealth LLC now owns 4,029 shares of the technology company’s stock valued at $737,000 after purchasing an additional 69 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co raised its holdings in shares of Veeva Systems by 0.5% during the second quarter. Elo Mutual Pension Insurance Co now owns 14,047 shares of the technology company’s stock worth $2,571,000 after acquiring an additional 70 shares in the last quarter. 88.20% of the stock is currently owned by institutional investors.

Insider Transactions at Veeva Systems

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

About Veeva Systems

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.