Veeva Systems (NYSE:VEEV) Issues FY 2027 Earnings Guidance

Veeva Systems (NYSE:VEEV) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 8.850- for the period, compared to the consensus EPS estimate of 7.590. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion. Veeva Systems also updated its Q1 2027 guidance to 2.130-2.14 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VEEV shares. Piper Sandler reduced their price objective on Veeva Systems from $355.00 to $285.00 and set an “overweight” rating on the stock in a research note on Thursday. Morgan Stanley lifted their target price on Veeva Systems from $205.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday. KeyCorp restated a “sector weight” rating on shares of Veeva Systems in a report on Friday, December 12th. The Goldman Sachs Group assumed coverage on shares of Veeva Systems in a research note on Tuesday, January 13th. They set a “sell” rating and a $215.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their price objective on shares of Veeva Systems from $330.00 to $296.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $287.67.

Veeva Systems Stock Up 1.2%

VEEV opened at $188.09 on Thursday. The business has a fifty day moving average of $204.58 and a 200 day moving average of $248.39. The stock has a market cap of $30.92 billion, a P/E ratio of 36.59, a PEG ratio of 1.28 and a beta of 1.09. Veeva Systems has a 52-week low of $168.13 and a 52-week high of $310.50.

Veeva Systems (NYSE:VEEV) last released its earnings results on Wednesday, March 4th. The technology company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.12. The business had revenue of $835.95 million during the quarter, compared to the consensus estimate of $810.95 million. Veeva Systems had a return on equity of 13.68% and a net margin of 27.93%.The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period last year, the company earned $1.74 earnings per share. Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. Equities analysts anticipate that Veeva Systems will post 4.35 EPS for the current fiscal year.

Veeva Systems announced that its Board of Directors has authorized a share repurchase plan on Monday, January 5th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 5.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Veeva Systems

In other Veeva Systems news, insider Thomas D. Schwenger sold 1,000 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total value of $231,430.00. Following the transaction, the insider directly owned 23,204 shares in the company, valued at $5,370,101.72. This represents a 4.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.30% of the stock is currently owned by company insiders.

Key Stories Impacting Veeva Systems

Here are the key news stories impacting Veeva Systems this week:

• Positive Sentiment: Q4 results and forward guidance topped consensus — Q4 EPS $2.06 vs. $1.92 expected and revenue ~$836M (≈+16% YoY). Management raised FY‑27 EPS guidance to ~8.85 (well above Street) and Q1 EPS to $2.13–2.14 with revenue guidance above estimates; these beat-and-raise details are the main driver of the intraday strength. Veeva Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Market and media commentary sees Veeva positioned to withstand AI-related software headwinds — coverage highlights that Veeva’s niche life‑sciences cloud and “agentic” CRM momentum reduce AI-disruption risk, supporting the rally. Veeva Systems Stock Rallies After Earnings
• Positive Sentiment: Adoption of Vault CRM accelerating — Veeva says 125+ customers are live on Vault CRM and expects CRM to become a meaningful revenue stream (management signaled CRM could be ~10% of revenue by 2030), supporting longer‑term growth and synergy with Veeva AI. More Than 125 Customers Worldwide Live on Vault CRM
• Neutral Sentiment: Morgan Stanley nudged its target up to $215 and kept an “equal weight” stance — a modest positive signal but not an outright upgrade; implies cautious near‑term view despite some upside (~14% vs. current price). Morgan Stanley raises target to $215
• Negative Sentiment: Piper Sandler cut its price target from $355 to $285 (still “overweight”) — the reduction trims upside expectations and reflects more conservative modeling despite the beat; new PT still implies material upside vs. the current price. Piper Sandler lowers target to $285
• Negative Sentiment: Needham also lowered its target (from $355 to $270, maintaining a “buy”) — another analyst trimming estimates, which increases near‑term volatility even though the revised targets still imply sizable upside from today’s levels. Needham lowers target to $270

Institutional Trading of Veeva Systems

Several institutional investors and hedge funds have recently made changes to their positions in VEEV. State Street Corp lifted its stake in Veeva Systems by 2.4% in the fourth quarter. State Street Corp now owns 3,589,425 shares of the technology company’s stock worth $801,267,000 after acquiring an additional 85,695 shares during the period. AQR Capital Management LLC raised its holdings in shares of Veeva Systems by 31.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,412,210 shares of the technology company’s stock valued at $706,078,000 after purchasing an additional 574,164 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Veeva Systems by 12.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,728,089 shares of the technology company’s stock worth $385,761,000 after purchasing an additional 189,093 shares during the period. Wellington Management Group LLP boosted its stake in shares of Veeva Systems by 1.3% during the third quarter. Wellington Management Group LLP now owns 1,466,827 shares of the technology company’s stock valued at $436,982,000 after purchasing an additional 18,349 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Veeva Systems by 11.4% during the third quarter. Bank of America Corp DE now owns 1,419,717 shares of the technology company’s stock valued at $422,948,000 after buying an additional 144,982 shares during the period. 88.20% of the stock is currently owned by institutional investors.

About Veeva Systems

Veeva Systems (NYSE: VEEV) is a cloud software company that develops industry-specific applications and data solutions for the global life sciences sector. Founded in 2007 and headquartered in Pleasanton, California, Veeva focuses on helping pharmaceutical, biotechnology, medical device and consumer health companies manage regulated content, clinical and regulatory processes, quality systems, and commercial operations in a compliant, cloud-native environment. The company completed its initial public offering in 2013 and has since expanded its product suite and international footprint.

Veeva’s product portfolio centers on its Vault platform and related application suites, which provide content and data management, clinical trial and regulatory workflows, quality management, and structured commercial capabilities such as customer relationship management and promotional content management.