Veeva Systems Inc. (NYSE:VEEV – Free Report) – Equities researchers at Zacks Research raised their FY2025 earnings per share estimates for Veeva Systems in a note issued to investors on Thursday, December 26th. Zacks Research analyst R. Department now expects that the technology company will earn $4.42 per share for the year, up from their previous forecast of $4.20. The consensus estimate for Veeva Systems’ current full-year earnings is $4.31 per share. Zacks Research also issued estimates for Veeva Systems’ Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.18 EPS, Q4 2026 earnings at $1.23 EPS, Q1 2027 earnings at $1.21 EPS and Q3 2027 earnings at $1.25 EPS.
A number of other research analysts have also recently commented on VEEV. Wells Fargo & Company increased their price target on Veeva Systems from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Morgan Stanley boosted their target price on Veeva Systems from $183.00 to $195.00 and gave the company an “underweight” rating in a research report on Tuesday, December 17th. Scotiabank increased their price target on Veeva Systems from $235.00 to $240.00 and gave the company a “sector perform” rating in a research report on Friday, December 6th. Robert W. Baird upped their target price on Veeva Systems from $275.00 to $283.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Finally, Truist Financial reiterated a “hold” rating and set a $261.00 target price (up from $207.00) on shares of Veeva Systems in a research note on Friday, December 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat, Veeva Systems has a consensus rating of “Moderate Buy” and a consensus price target of $257.44.
Veeva Systems Stock Down 0.4 %
Shares of VEEV stock opened at $214.01 on Monday. The firm has a 50 day moving average price of $223.24 and a two-hundred day moving average price of $206.67. The company has a market capitalization of $34.74 billion, a PE ratio of 52.84, a price-to-earnings-growth ratio of 2.03 and a beta of 0.82. Veeva Systems has a 12-month low of $170.25 and a 12-month high of $258.93.
Insider Activity
In related news, insider Thomas D. Schwenger sold 1,126 shares of Veeva Systems stock in a transaction on Friday, November 8th. The shares were sold at an average price of $240.01, for a total transaction of $270,251.26. Following the transaction, the insider now owns 27,013 shares in the company, valued at approximately $6,483,390.13. The trade was a 4.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jonathan Faddis sold 1,694 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $230.30, for a total transaction of $390,128.20. Following the completion of the transaction, the senior vice president now directly owns 8,061 shares in the company, valued at $1,856,448.30. This trade represents a 17.37 % decrease in their position. The disclosure for this sale can be found here. 10.50% of the stock is currently owned by corporate insiders.
Institutional Trading of Veeva Systems
Large investors have recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC raised its holdings in Veeva Systems by 0.7% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,924 shares of the technology company’s stock valued at $1,453,000 after buying an additional 48 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Veeva Systems by 1.2% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,307 shares of the technology company’s stock valued at $904,000 after acquiring an additional 50 shares in the last quarter. Clearbridge Investments LLC boosted its stake 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 valued at $2,138,000 after purchasing an additional 52 shares in the last quarter. Park Place Capital Corp lifted its stake in shares of Veeva Systems by 11.5% during the 3rd quarter. Park Place Capital Corp now owns 574 shares of the technology company’s stock worth $120,000 after purchasing an additional 59 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. boosted its position in Veeva Systems by 13.4% during the third quarter. Quintet Private Bank Europe S.A. now owns 516 shares of the technology company’s stock valued at $108,000 after purchasing an additional 61 shares in the last quarter. Institutional investors own 88.20% 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.
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