Veeva Systems (NYSE:VEEV) Issues Quarterly Earnings Results

Veeva Systems (NYSE:VEEV) released its quarterly earnings results on Wednesday. The technology company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.39), Zacks reports. Veeva Systems had a return on equity of 13.56% and a net margin of 25.07%. Veeva Systems updated its FY 2026 guidance to 7.320-7.320 EPS and its Q1 2026 guidance to 1.740-1.750 EPS.

Veeva Systems Stock Performance

Shares of NYSE VEEV traded up $1.87 during midday trading on Wednesday, reaching $220.32. The stock had a trading volume of 1,481,610 shares, compared to its average volume of 1,057,440. The firm has a market cap of $35.77 billion, a price-to-earnings ratio of 54.40, a price-to-earnings-growth ratio of 1.89 and a beta of 0.85. Veeva Systems has a twelve month low of $170.25 and a twelve month high of $258.93. The company’s 50 day moving average price is $223.76 and its 200 day moving average price is $219.53.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on VEEV shares. Robert W. Baird upped their price target on Veeva Systems from $275.00 to $283.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Barclays increased their price target on Veeva Systems from $260.00 to $275.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Bank of America boosted their target price on shares of Veeva Systems from $280.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 price target on shares of Veeva Systems in a research report on Friday, January 17th. Finally, Canaccord Genuity Group boosted their price objective on shares of Veeva Systems from $210.00 to $270.00 and gave the stock a “hold” rating in a report on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, Veeva Systems has a consensus rating of “Moderate Buy” and an average price target of $254.48.

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.