Veeva Systems (NYSE:VEEV) Price Target Raised to $220.00

Veeva Systems (NYSE:VEEV) had its price target lifted by analysts at UBS Group from $200.00 to $220.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. UBS Group’s target price would indicate a potential upside of 11.94% from the stock’s current price.

A number of other equities research analysts also recently weighed in on VEEV. BMO Capital Markets initiated coverage on Veeva Systems in a report on Thursday, November 13th. They issued a “market perform” rating and a $300.00 target price for the company. Wall Street Zen lowered shares of Veeva Systems from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Wells Fargo & Company dropped their target price on shares of Veeva Systems from $341.00 to $333.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Canaccord Genuity Group restated a “buy” rating on shares of Veeva Systems in a report on Tuesday, November 25th. Finally, Citigroup decreased their price target on shares of Veeva Systems from $349.00 to $319.00 and set a “buy” rating for the company in a research note on Monday, November 24th. Nineteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $287.96.

Veeva Systems Trading Up 4.3%

VEEV stock traded up $8.06 during midday trading on Thursday, hitting $196.54. The stock had a trading volume of 1,497,011 shares, compared to its average volume of 2,199,906. The firm has a market cap of $32.31 billion, a P/E ratio of 38.24, a price-to-earnings-growth ratio of 1.28 and a beta of 1.09. Veeva Systems has a 1-year low of $168.13 and a 1-year high of $310.50. The business has a fifty day moving average price of $204.58 and a two-hundred day moving average price of $248.39.

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

Veeva Systems announced that its board has authorized a share buyback program on Monday, January 5th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 5.5% of its stock through open market purchases. Stock repurchase programs 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 business’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $231.43, for a total transaction of $231,430.00. Following the completion of the sale, the insider directly owned 23,204 shares of the company’s stock, valued at approximately $5,370,101.72. The trade was a 4.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 10.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Jensen Investment Management Inc. grew its stake in shares of Veeva Systems by 1,924.5% in the 3rd quarter. Jensen Investment Management Inc. now owns 413,213 shares of the technology company’s stock worth $123,100,000 after acquiring an additional 392,802 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Veeva Systems by 11.2% during the third quarter. Principal Financial Group Inc. now owns 3,846,877 shares of the technology company’s stock worth $1,146,040,000 after purchasing an additional 388,864 shares during the last quarter. Alphinity Investment Management Pty Ltd bought a new stake in Veeva Systems in the 3rd quarter worth about $422,241,000. Compass Wealth Management LLC purchased a new stake in Veeva Systems in the 3rd quarter valued at about $18,694,000. Finally, ABN AMRO Bank N.V. bought a new position in shares of Veeva Systems during the 3rd quarter worth approximately $246,625,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

Trending Headlines about 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

Veeva Systems Company Profile

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.