Veeva Systems Inc. (NYSE:VEEV – Free Report) – Stock analysts at Zacks Research lifted their FY2025 earnings per share estimates for Veeva Systems in a research report issued on Thursday, December 26th. Zacks Research analyst R. Department now anticipates 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.
Several other research analysts have also recently issued reports on the company. Morgan Stanley increased their price objective on Veeva Systems from $183.00 to $195.00 and gave the stock an “underweight” rating in a research note on Tuesday, December 17th. Truist Financial restated a “hold” rating and issued a $261.00 price objective (up from $207.00) on shares of Veeva Systems in a report on Friday, December 6th. Royal Bank of Canada boosted their price target on shares of Veeva Systems from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Wells Fargo & Company upped their price target on shares of Veeva Systems from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Stephens started coverage on Veeva Systems in a research report on Friday, December 20th. They set an “overweight” rating and a $280.00 target price on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $257.44.
Veeva Systems Stock Down 1.2 %
Shares of Veeva Systems stock opened at $211.47 on Monday. The stock’s fifty day moving average is $223.03 and its two-hundred day moving average is $206.85. Veeva Systems has a 52 week low of $170.25 and a 52 week high of $258.93. The company has a market capitalization of $34.33 billion, a PE ratio of 52.21, a price-to-earnings-growth ratio of 2.03 and a beta of 0.82.
Hedge Funds Weigh In On Veeva Systems
A number of institutional investors and hedge funds have recently bought and sold shares of VEEV. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Veeva Systems in the third quarter worth about $26,000. True Wealth Design LLC raised its position in shares of Veeva Systems by 3,375.0% in the 3rd quarter. True Wealth Design LLC now owns 139 shares of the technology company’s stock valued at $29,000 after purchasing an additional 135 shares in the last quarter. Fairscale Capital LLC purchased a new position in shares of Veeva Systems during the 2nd quarter valued at approximately $46,000. Harvest Fund Management Co. Ltd bought a new position in Veeva Systems during the 3rd quarter valued at $49,000. Finally, ANTIPODES PARTNERS Ltd acquired a new position in Veeva Systems in the second quarter worth about $52,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.
Insider Activity at Veeva Systems
In related news, SVP Jonathan Faddis sold 1,694 shares of the business’s 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 approximately $1,856,448.30. The trade was a 17.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas D. Schwenger sold 1,126 shares of the business’s 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 sale, the insider now directly owns 27,013 shares of the company’s stock, valued at $6,483,390.13. This represents a 4.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.
See Also
- Five stocks we like better than Veeva Systems
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 3 Must-Hold Stocks with Double-Digit Upside for 2025
- Using the MarketBeat Dividend Yield Calculator
- Micron: Why Now Is the Time to Be Brave
- What does consumer price index measure?
- 3 Stocks That Wall Street Insiders Can’t Stop Buying
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.com's FREE daily email newsletter.