2 weeks Ago By ABMN Staff
Veeva Systems Inc. ( NYSE:VEEV – Free Report ) – Stock analysts at Zacks Research cut their Q1 2026 earnings per share estimates for Veeva Systems in a report released on Tuesday, September 24th. Zacks Research analyst R.
Department now forecasts 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. A number of other brokerages have also recently weighed in on VEEV.
BTIG Research began coverage on Veeva Systems in a research note on Tuesday, July 9th. They issued a “buy” rating and a $240.00 price objective for the company.
Piper Sandler boosted their target price on Veeva Systems from $225.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, August 29th.
Robert W. Baird boosted their target price on Veeva Systems from $245.00 to $251.
00 and gave the stock an “outperform” rating in a research note on Thursday, August 29th. Morgan Stanley lowered their target price on Veeva Systems from $210.00 to $173.
00 and set an “underweight” rating for the company in a research note on Friday, May 31st. Finally, Raymond James boosted their target price on Veeva Systems from $230.00 to $235.
00 and gave the stock an “outperform” rating in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $229.
96. Veeva Systems Trading Up 0.7 % Shares of NYSE VEEV opened at $210.
90 on Friday. Veeva Systems has a twelve month low of $162.72 and a twelve month high of $236.
90. The stock has a fifty day simple moving average of $201.22 and a 200-day simple moving average of $201.
23. The stock has a market capitalization of $34.15 billion, a PE ratio of 61.
79, a PEG ratio of 2.02 and a beta of 0.81.
Veeva Systems ( NYSE:VEEV – Get Free Report ) last issued its quarterly earnings data on Wednesday, August 28th. The technology company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.
04 by $0.03. Veeva Systems had a return on equity of 13.
30% and a net margin of 23.91%. The business had revenue of $676.
18 million during the quarter, compared to analysts’ expectations of $667.21 million. Insider Activity In other 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 completion of the sale, the senior vice president now directly owns 9,035 shares of the company’s stock, valued at approximately $1,807,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Company insiders own 10.
50% of the company’s stock. Institutional Trading of Veeva Systems Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc.
raised its stake in Veeva Systems by 7.5% during the 1st quarter. Vanguard Group Inc.
now owns 14,150,070 shares of the technology company’s stock valued at $3,278,430,000 after acquiring an additional 991,208 shares during the last quarter. Swedbank AB purchased a new stake in Veeva Systems during the 1st quarter valued at approximately $227,673,000. Principal Financial Group Inc.
raised its stake in Veeva Systems by 1,122.3% during the 2nd quarter. Principal Financial Group Inc.
now owns 912,223 shares of the technology company’s stock valued at $166,946,000 after acquiring an additional 837,593 shares during the last quarter. Matrix Capital Management Company LP raised its stake in Veeva Systems by 635.4% during the 1st quarter.
Matrix Capital Management Company LP now owns 498,821 shares of the technology company’s stock valued at $115,572,000 after acquiring an additional 430,989 shares during the last quarter. Finally, Acadian Asset Management LLC raised its stake in Veeva Systems by 83.8% during the 1st quarter.
Acadian Asset Management LLC now owns 618,344 shares of the technology company’s stock valued at $143,235,000 after acquiring an additional 281,993 shares during the last quarter. 88.20% of the stock is owned by hedge funds and other institutional investors.
Veeva Systems Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for Veeva Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veeva Systems and related companies with MarketBeat.
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