Veeva Systems (VEEV) Stock Forecast, Price Target & Predictions
VEEV Stock Forecast
Veeva Systems stock forecast is as follows: an average price target of $229.50 (represents a 6.84% upside from VEEV’s last price of $214.80) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.
VEEV Price Target
VEEV Analyst Ratings
Veeva Systems Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 03, 2024 | Joe Meares | Truist Financial | $207.00 | $217.09 | -4.65% | -3.63% |
Aug 29, 2024 | Brad Sills | Bank of America Securities | $240.00 | $199.35 | 20.39% | 11.73% |
Aug 29, 2024 | Tyler Radke | Citigroup | $281.00 | $199.35 | 40.96% | 30.82% |
Aug 27, 2024 | Tyler Radke | Citigroup | $273.00 | $198.51 | 37.52% | 27.09% |
Aug 26, 2024 | Karl Keirstead | UBS | $215.00 | $199.25 | 7.90% | 0.09% |
Jul 09, 2024 | David Larsen | BTIG | $240.00 | $182.89 | 31.23% | 11.73% |
Jun 13, 2024 | Joe Meares | Truist Financial | $197.00 | $187.29 | 5.18% | -8.29% |
May 31, 2024 | David Grossman | Stifel Nicolaus | $210.00 | $194.19 | 8.14% | -2.23% |
May 31, 2024 | David Hynes | Canaccord Genuity | $210.00 | $194.19 | 8.14% | -2.23% |
May 31, 2024 | Ryan MacDonald | Needham | $260.00 | $194.19 | 33.89% | 21.04% |
Veeva Systems Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 5 | 6 | 19 |
Avg Price Target | $243.20 | $242.67 | $231.21 |
Last Closing Price | $214.80 | $214.80 | $214.80 |
Upside/Downside | 13.22% | 12.97% | 7.64% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 29, 2024 | Raymond James | Outperform | Outperform | Hold |
Aug 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Aug 29, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 27, 2024 | Citigroup | Buy | Buy | Hold |
Aug 26, 2024 | UBS | Buy | Buy | Hold |
Aug 26, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
Aug 26, 2024 | UBS | Neutral | Neutral | Hold |
Aug 23, 2024 | Cowen & Co. | Hold | Hold | Hold |
Jul 18, 2024 | Guggenheim | Buy | Buy | Hold |
Jul 09, 2024 | UBS | Buy | Buy | Hold |
Veeva Systems Financial Forecast
Veeva Systems Revenue Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $630.62M | $616.50M | $590.23M | - | $563.39M | $552.35M | $534.22M | $505.10M | $485.50M | $476.11M | $455.59M | $433.57M | $396.76M | $377.52M | $353.68M | $337.11M | $311.51M | $280.92M |
Avg Forecast | $887.73M | $861.56M | $848.11M | $815.61M | $788.93M | $769.78M | $755.88M | $725.10M | $698.07M | $684.20M | $667.83M | $642.05M | $621.11M | $615.98M | $582.28M | $515.88M | $552.62M | $546.02M | $530.71M | $495.94M | $480.30M | $465.96M | $451.97M | $410.07M | $380.22M | $361.86M | $340.12M | $324.83M | $298.38M | $274.94M |
High Forecast | $899.02M | $872.52M | $858.90M | $825.98M | $798.97M | $779.56M | $765.50M | $734.32M | $704.26M | $685.89M | $676.32M | $650.22M | $629.01M | $616.64M | $589.68M | $522.44M | $559.65M | $552.96M | $540.40M | $500.22M | $483.70M | $469.26M | $455.18M | $412.98M | $382.92M | $364.42M | $342.53M | $327.14M | $300.49M | $276.89M |
Low Forecast | $884.98M | $858.89M | $845.48M | $813.08M | $786.49M | $767.39M | $753.54M | $722.85M | $696.72M | $681.46M | $665.76M | $640.06M | $619.18M | $615.10M | $580.47M | $514.28M | $550.90M | $544.32M | $528.48M | $489.31M | $476.10M | $461.89M | $448.02M | $406.49M | $376.90M | $358.70M | $337.15M | $322.00M | $295.77M | $272.54M |
# Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.01% | - | 1.02% | 1.01% | 1.01% | 1.02% | 1.01% | 1.02% | 1.01% | 1.06% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.02% |
Veeva Systems EBITDA Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $146.70M | $128.49M | $112.14M | - | $116.60M | $128.56M | $108.32M | $134.73M | $126.52M | $140.43M | $133.17M | $139.64M | $112.03M | $112.28M | $100.28M | $98.86M | $68.45M | $95.58M |
Avg Forecast | $226.24M | $219.57M | $216.14M | $207.86M | $201.06M | $196.18M | $192.64M | $184.79M | $177.91M | $174.37M | $170.20M | $149.61M | $158.29M | $156.98M | $148.40M | $136.01M | $140.84M | $136.72M | $135.25M | $126.39M | $126.07M | $124.29M | $116.36M | $95.55M | $95.77M | $87.74M | $85.22M | $65.82M | $84.96M | $76.13M |
High Forecast | $229.12M | $222.36M | $218.89M | $210.50M | $203.62M | $198.67M | $195.09M | $187.14M | $179.48M | $174.80M | $172.36M | $179.53M | $160.30M | $157.15M | $150.28M | $163.21M | $142.63M | $164.07M | $137.72M | $127.48M | $151.28M | $149.15M | $139.64M | $114.66M | $114.93M | $105.29M | $102.27M | $78.99M | $101.96M | $91.35M |
Low Forecast | $225.54M | $218.89M | $215.47M | $207.22M | $200.44M | $195.57M | $192.04M | $184.22M | $177.56M | $173.67M | $169.67M | $119.69M | $157.80M | $156.76M | $147.94M | $108.81M | $140.40M | $109.38M | $134.69M | $124.70M | $100.85M | $99.43M | $93.09M | $76.44M | $76.62M | $70.20M | $68.18M | $52.66M | $67.97M | $60.90M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.82% | 0.76% | - | 0.83% | 0.94% | 0.80% | 1.07% | 1.00% | 1.13% | 1.14% | 1.46% | 1.17% | 1.28% | 1.18% | 1.50% | 0.81% | 1.26% |
Veeva Systems Net Income Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $147.40M | $135.16M | $111.63M | - | $188.53M | $108.46M | $90.60M | $100.11M | $97.10M | $105.87M | $108.86M | $115.57M | $102.92M | $96.96M | $93.55M | $86.57M | $66.18M | $82.25M |
Avg Forecast | $331.44M | $326.33M | $327.38M | $308.20M | $289.51M | $286.82M | $283.72M | $266.90M | $252.66M | $259.99M | $252.48M | $114.82M | $213.79M | $212.59M | $185.57M | $104.38M | $171.08M | $111.76M | $166.08M | $150.99M | $95.04M | $101.60M | $96.31M | $87.78M | $82.70M | $81.86M | $74.63M | $63.64M | $73.11M | $69.54M |
High Forecast | $336.92M | $331.72M | $332.80M | $313.30M | $294.30M | $291.56M | $288.41M | $271.31M | $262.50M | $263.30M | $256.66M | $137.78M | $217.32M | $217.58M | $188.63M | $125.25M | $173.91M | $134.11M | $170.02M | $152.69M | $114.05M | $121.92M | $115.57M | $105.34M | $99.24M | $98.23M | $89.56M | $76.36M | $87.73M | $83.45M |
Low Forecast | $330.10M | $325.01M | $326.06M | $306.96M | $288.34M | $285.66M | $282.57M | $265.82M | $247.73M | $253.36M | $251.46M | $91.85M | $212.93M | $204.29M | $184.82M | $83.50M | $170.39M | $89.41M | $165.18M | $148.37M | $76.03M | $81.28M | $77.04M | $70.23M | $66.16M | $65.49M | $59.70M | $50.91M | $58.49M | $55.63M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.64% | 0.60% | - | 1.10% | 0.97% | 0.55% | 0.66% | 1.02% | 1.04% | 1.13% | 1.32% | 1.24% | 1.18% | 1.25% | 1.36% | 0.91% | 1.18% |
Veeva Systems SG&A Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $154.25M | $159.06M | $159.93M | - | $147.61M | $146.78M | $147.45M | $124.44M | $124.63M | $115.20M | $113.97M | $105.77M | $102.13M | $93.22M | $96.34M | $92.42M | $95.59M | $74.22M |
Avg Forecast | $232.37M | $225.52M | $222.00M | $213.49M | $206.51M | $201.49M | $197.86M | $189.80M | $182.73M | $179.09M | $174.81M | $147.37M | $162.58M | $161.24M | $152.42M | $133.97M | $144.65M | $117.01M | $138.92M | $129.82M | $103.42M | $106.38M | $88.14M | $87.11M | $79.52M | $84.30M | $79.68M | $91.92M | $65.97M | $62.90M |
High Forecast | $235.33M | $228.39M | $224.82M | $216.21M | $209.14M | $204.06M | $200.37M | $192.21M | $184.35M | $179.54M | $177.03M | $176.84M | $164.65M | $161.41M | $154.35M | $160.77M | $146.49M | $140.42M | $141.45M | $130.94M | $124.11M | $127.65M | $105.77M | $104.54M | $95.42M | $101.16M | $95.61M | $110.30M | $79.16M | $75.48M |
Low Forecast | $231.65M | $224.82M | $221.31M | $212.83M | $205.87M | $200.87M | $197.24M | $189.21M | $182.37M | $178.38M | $174.27M | $117.90M | $162.08M | $161.01M | $151.94M | $107.18M | $144.20M | $93.61M | $138.33M | $128.08M | $82.74M | $85.10M | $70.51M | $69.69M | $63.61M | $67.44M | $63.74M | $73.53M | $52.78M | $50.32M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.99% | 1.05% | - | 1.02% | 1.25% | 1.06% | 0.96% | 1.21% | 1.08% | 1.29% | 1.21% | 1.28% | 1.11% | 1.21% | 1.01% | 1.45% | 1.18% |
Veeva Systems EPS Forecast
Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 8 | 9 | 9 | 7 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 9 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.92 | $0.84 | $0.70 | - | $1.20 | $0.70 | $0.58 | $0.65 | $0.63 | $0.69 | $0.71 | $0.76 | $0.68 | $0.64 | $0.62 | $0.58 | $0.44 | $0.56 |
Avg Forecast | $2.01 | $1.98 | $1.99 | $1.87 | $1.76 | $1.74 | $1.72 | $1.62 | $1.54 | $1.58 | $1.53 | $1.42 | $1.30 | $1.29 | $1.13 | $0.79 | $1.04 | $1.07 | $1.01 | $0.92 | $0.88 | $0.88 | $0.87 | $0.78 | $0.68 | $0.68 | $0.64 | $0.59 | $0.52 | $0.54 |
High Forecast | $2.05 | $2.02 | $2.02 | $1.90 | $1.79 | $1.77 | $1.75 | $1.65 | $1.60 | $1.60 | $1.56 | $1.45 | $1.32 | $1.32 | $1.15 | $0.81 | $1.06 | $1.09 | $1.03 | $0.93 | $0.89 | $0.89 | $0.87 | $0.79 | $0.69 | $0.69 | $0.64 | $0.59 | $0.53 | $0.55 |
Low Forecast | $2.01 | $1.98 | $1.98 | $1.87 | $1.75 | $1.74 | $1.72 | $1.62 | $1.51 | $1.54 | $1.53 | $1.42 | $1.29 | $1.24 | $1.12 | $0.79 | $1.04 | $1.07 | $1.00 | $0.90 | $0.87 | $0.87 | $0.86 | $0.77 | $0.67 | $0.67 | $0.63 | $0.58 | $0.52 | $0.54 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.65% | 0.62% | - | 1.15% | 0.65% | 0.57% | 0.71% | 0.72% | 0.79% | 0.82% | 0.97% | 1.00% | 0.94% | 0.97% | 0.99% | 0.84% | 1.03% |
Veeva Systems Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
TDOC | Teladoc Health | $9.11 | $52.65 | 477.94% | Hold |
ACCD | Accolade | $4.31 | $14.81 | 243.62% | Buy |
CERT | Certara | $10.83 | $21.75 | 100.83% | Hold |
GDRX | GoodRx | $7.59 | $14.57 | 91.96% | Buy |
TXG | 10x Genomics | $21.41 | $30.20 | 41.06% | Hold |
SDGR | Schrödinger | $19.62 | $27.33 | 39.30% | Buy |
PGNY | Progyny | $24.82 | $34.50 | 39.00% | Hold |
HQY | HealthEquity | $78.80 | $97.00 | 23.10% | Buy |
GEHC | GE HealthCare | $86.79 | $93.88 | 8.17% | Buy |
VEEV | Veeva Systems | $214.80 | $229.50 | 6.84% | Buy |
AMWL | American Well | $10.15 | $8.40 | -17.24% | Hold |
DOCS | Doximity | $40.16 | $32.17 | -19.90% | Buy |
VEEV Forecast FAQ
Is Veeva Systems a good buy?
Yes, according to 19 Wall Street analysts, Veeva Systems (VEEV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 78.95% of VEEV's total ratings.
What is VEEV's price target?
Veeva Systems (VEEV) average price target is $229.5 with a range of $181 to $281, implying a 6.84% from its last price of $214.8. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Veeva Systems stock go up soon?
According to Wall Street analysts' prediction for VEEV stock, the company can go up by 6.84% (from the last price of $214.8 to the average price target of $229.5), up by 30.82% based on the highest stock price target, and down by -15.74% based on the lowest stock price target.
Can Veeva Systems stock reach $300?
VEEV's average twelve months analyst stock price target of $229.5 does not support the claim that Veeva Systems can reach $300 in the near future.
What is Veeva Systems's current price target trend?
5 Wall Street analysts forecast a $243.2 price target for Veeva Systems (VEEV) this month, up 13.22% from its last price of $214.8. Compared to the last 3 and 12 months, the average price target increased by 12.97% and increased by 7.64%, respectively.
What are Veeva Systems's analysts' financial forecasts?
Veeva Systems's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $3.04B (high $3.08B, low $3.03B), average EBITDA is $774.68M (high $784.53M, low $772.27M), average net income is $1.13B (high $1.15B, low $1.12B), average SG&A $795.66M (high $805.78M, low $793.19M), and average EPS is $6.85 (high $6.96, low $6.82). VEEV's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $3.41B (high $3.46B, low $3.4B), average EBITDA is $869.82M (high $880.88M, low $867.12M), average net income is $1.29B (high $1.31B, low $1.29B), average SG&A $893.38M (high $904.74M, low $890.61M), and average EPS is $7.86 (high $7.99, low $7.83).
Did the VEEV's actual financial results beat the analysts' financial forecasts?
Based on Veeva Systems's last annual report (Jan 2024), the company's revenue was $2.36B, beating the average analysts forecast of $2.34B by 1.22%. Apple's EBITDA was $473.65M, missing the average prediction of $599.68M by -21.02%. The company's net income was $525.7M, missing the average estimation of $716.33M by -26.61%. Apple's SG&A was $613.69M, beating the average forecast of $610.21M by 0.57%. Lastly, the company's EPS was $3.27, missing the average prediction of $4.51 by -27.52%. In terms of the last quarterly report (Jan 2024), Veeva Systems's revenue was $630.62M, beating the average analysts' forecast of $621.11M by 1.53%. The company's EBITDA was $146.7M, missing the average prediction of $158.29M by -7.32%. Veeva Systems's net income was $147.4M, missing the average estimation of $213.79M by -31.05%. The company's SG&A was $154.25M, missing the average forecast of $162.58M by -5.12%. Lastly, the company's EPS was $0.92, missing the average prediction of $1.3 by -29.18%