Veeva Systems (NYSE:VEEV) Releases FY 2026 Earnings Guidance

Veeva Systems (NYSE:VEEV) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.930-7.93 for the period, compared to the consensus earnings per share estimate of 6.890. The company issued revenue guidance of $3.2 billion-$3.2 billion, compared to the consensus revenue estimate of $3.1 billion. Veeva Systems also updated its Q4 2026 guidance to 1.920-1.920 EPS.

Veeva Systems Price Performance

Veeva Systems stock traded down $1.99 during midday trading on Thursday, reaching $271.01. 1,753,450 shares of the company traded hands, compared to its average volume of 1,290,035. Veeva Systems has a 12 month low of $201.54 and a 12 month high of $310.50. The business has a 50 day moving average of $288.57 and a two-hundred day moving average of $278.53. The firm has a market capitalization of $44.42 billion, a price-to-earnings ratio of 55.65, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98.

Veeva Systems (NYSE:VEEV) last posted its earnings results on Thursday, November 20th. The technology company reported $2.04 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.09. The business had revenue of $811.24 million during the quarter, compared to the consensus estimate of $792.37 million. Veeva Systems had a net margin of 27.29% and a return on equity of 13.72%. Veeva Systems has set its FY 2026 guidance at 7.930-7.93 EPS. Q4 2026 guidance at 1.920-1.920 EPS. As a group, equities analysts forecast that Veeva Systems will post 4.35 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently commented on VEEV shares. Raymond James Financial reiterated an “outperform” rating and set a $340.00 price objective (up previously from $310.00) on shares of Veeva Systems in a research report on Thursday, August 28th. Morgan Stanley boosted their price target on Veeva Systems from $210.00 to $222.00 and gave the company an “underweight” rating in a research note on Thursday, August 28th. Wall Street Zen lowered shares of Veeva Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. UBS Group increased their price objective on shares of Veeva Systems from $285.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. Finally, Mizuho boosted their target price on shares of Veeva Systems from $295.00 to $325.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Seventeen analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $307.28.

Insider Activity at Veeva Systems

In other Veeva Systems news, insider Eleni Nitsa Zuppas sold 6,000 shares of Veeva Systems stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $306.62, for a total transaction of $1,839,720.00. Following the transaction, the insider owned 25,325 shares of the company’s stock, valued at $7,765,151.50. The trade was a 19.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas D. Schwenger sold 3,350 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $300.04, for a total transaction of $1,005,134.00. Following the completion of the transaction, the insider owned 23,773 shares of the company’s stock, valued at approximately $7,132,850.92. The trade was a 12.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 24,665 shares of company stock worth $7,438,000. 10.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Veeva Systems

Several hedge funds have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC bought a new position in shares of Veeva Systems during the third quarter worth $45,000. Rakuten Securities Inc. lifted its stake in Veeva Systems by 56.7% in the 2nd quarter. Rakuten Securities Inc. now owns 163 shares of the technology company’s stock worth $47,000 after purchasing an additional 59 shares in the last quarter. Palisade Asset Management LLC bought a new position in shares of Veeva Systems during the 3rd quarter valued at about $66,000. Morse Asset Management Inc grew its position in shares of Veeva Systems by 1,683.3% during the third quarter. Morse Asset Management Inc now owns 535 shares of the technology company’s stock valued at $159,000 after purchasing an additional 505 shares in the last quarter. Finally, Johnson Financial Group Inc. grew its position in shares of Veeva Systems by 131.6% during the third quarter. Johnson Financial Group Inc. now owns 535 shares of the technology company’s stock valued at $159,000 after purchasing an additional 304 shares in the last quarter. Hedge funds and other 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.