Veeva Systems Inc. (NYSE:VEEV – Free Report) – Investment analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of Veeva Systems in a research report issued on Thursday, December 26th. Zacks Research analyst R. Department now expects that the technology company will post earnings per share of $4.42 for the year, up from their previous estimate 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.
VEEV has been the topic of several other reports. Stifel Nicolaus lifted their price objective on shares of Veeva Systems from $240.00 to $272.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Piper Sandler increased their price objective on Veeva Systems from $280.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Bank of America lifted their target price on Veeva Systems from $280.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Canaccord Genuity Group increased their price target on Veeva Systems from $210.00 to $270.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Finally, Needham & Company LLC upped their price objective on shares of Veeva Systems from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Veeva Systems has an average rating of “Moderate Buy” and an average price target of $257.44.
Veeva Systems Stock Performance
Shares of VEEV opened at $211.47 on Monday. The firm has a fifty day moving average of $223.03 and a 200-day moving average of $206.85. The company has a market cap of $34.33 billion, a price-to-earnings ratio of 52.21, a price-to-earnings-growth ratio of 2.03 and a beta of 0.82. Veeva Systems has a 1 year low of $170.25 and a 1 year high of $258.93.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in Veeva Systems by 73.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,558,592 shares of the technology company’s stock worth $536,972,000 after acquiring an additional 1,081,501 shares during the period. Oddo BHF Asset Management Sas bought a new position in shares of Veeva Systems in the third quarter worth about $11,770,000. Peapack Gladstone Financial Corp boosted its stake in Veeva Systems by 5.6% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 70,147 shares of the technology company’s stock valued at $14,721,000 after purchasing an additional 3,741 shares during the period. Tidal Investments LLC boosted its stake in Veeva Systems by 77.1% during the 3rd quarter. Tidal Investments LLC now owns 22,330 shares of the technology company’s stock valued at $4,686,000 after purchasing an additional 9,724 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Veeva Systems in the 3rd quarter valued at approximately $168,000. Institutional investors and hedge funds own 88.20% of the company’s stock.
Insider Activity at Veeva Systems
In other Veeva Systems news, SVP Jonathan Faddis sold 1,694 shares of Veeva Systems stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $230.30, for a total value of $390,128.20. Following the completion of the sale, the senior vice president now directly owns 8,061 shares in the company, valued at $1,856,448.30. The trade was a 17.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas D. Schwenger sold 1,126 shares of the stock in a transaction on Friday, November 8th. The stock was 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. This trade represents a 4.00 % decrease in their position. The disclosure for this sale can be found here. 10.50% of the stock is owned by insiders.
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.
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