Veeva Systems (VEEV) Stock Forecast, Price Target & Predictions
VEEV Stock Forecast
Veeva Systems stock forecast is as follows: an average price target of $229.71 (represents a 9.06% upside from VEEV’s last price of $210.63) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
VEEV Price Target
The average price target for Veeva Systems (VEEV) is $229.71 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $281.00 to $181.00. This represents a potential 9.06% upside from VEEV's last price of $210.63.
VEEV Analyst Ratings
According to 20 Wall Street analysts, Veeva Systems's rating consensus is 'Buy'. The analyst rating breakdown for VEEV stock is 0 'Strong Buy' (0.00%), 16 'Buy' (80.00%), 4 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
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 20, 2024 | Ken Wong | Oppenheimer | $230.00 | $213.13 | 7.92% | 9.20% |
| Sep 03, 2024 | Joe Meares | Truist Financial | $207.00 | $217.09 | -4.65% | -1.72% |
| Aug 29, 2024 | Brad Sills | Bank of America Securities | $240.00 | $199.35 | 20.39% | 13.94% |
| Aug 29, 2024 | Tyler Radke | Citigroup | $281.00 | $199.35 | 40.96% | 33.41% |
| Aug 27, 2024 | Tyler Radke | Citigroup | $273.00 | $198.51 | 37.52% | 29.61% |
| Aug 26, 2024 | Karl Keirstead | UBS | $215.00 | $199.25 | 7.90% | 2.07% |
| Jul 09, 2024 | David Larsen | BTIG | $240.00 | $182.89 | 31.23% | 13.94% |
| Jun 13, 2024 | Joe Meares | Truist Financial | $197.00 | $187.29 | 5.18% | -6.47% |
| May 31, 2024 | David Grossman | Stifel Nicolaus | $210.00 | $194.19 | 8.14% | -0.30% |
| May 31, 2024 | David Hynes | Canaccord Genuity | $210.00 | $194.19 | 8.14% | -0.30% |
The latest Veeva Systems stock forecast, released on Sep 20, 2024 by Ken Wong from Oppenheimer, set a price target of $230.00, which represents a 7.92% increase from the stock price at the time of the forecast ($213.13), and a 9.20% increase from VEEV last price ($210.63).
Veeva Systems Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 6 | 20 |
| Avg Price Target | - | $241.00 | $231.15 |
| Last Closing Price | $210.63 | $210.63 | $210.63 |
| Upside/Downside | -100.00% | 14.42% | 9.74% |
In the current month, the average price target of Veeva Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Veeva Systems's last price of $210.63. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 08, 2024 | Exane BNP Paribas | - | Outperform | Initialise |
| Oct 01, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Oct 01, 2024 | UBS | Buy | Buy | Hold |
| Oct 01, 2024 | Guggenheim | Buy | Buy | Hold |
| Sep 20, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| 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 |
Veeva Systems's last stock rating was published by Oppenheimer on Oct 30, 2024. The company gave VEEV a "Outperform" rating, the same as its previous rate.
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $630.62M | $616.50M | $590.23M | - | $563.39M | $552.35M | $534.22M | - | $485.50M | $476.11M | $455.59M | - | $396.76M | $377.52M | $353.68M | - | $311.51M | $280.92M |
| Avg Forecast | $897.11M | $871.76M | $856.97M | $820.86M | $789.84M | $770.38M | $756.64M | $725.38M | $697.48M | $684.37M | $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 | $900.12M | $874.68M | $859.85M | $823.61M | $792.49M | $772.96M | $759.18M | $727.82M | $698.82M | $689.39M | $667.83M | $642.05M | $621.12M | $616.64M | $584.23M | $517.61M | $554.47M | $553.45M | $537.88M | $502.64M | $486.79M | $472.26M | $458.08M | $415.62M | $385.36M | $366.75M | $344.72M | $329.23M | $302.41M | $278.66M |
| Low Forecast | $895.86M | $870.54M | $855.78M | $819.71M | $788.74M | $769.31M | $755.59M | $724.37M | $696.82M | $683.29M | $667.83M | $642.05M | $621.10M | $615.10M | $581.47M | $515.16M | $551.85M | $543.65M | $528.94M | $494.28M | $478.69M | $464.41M | $450.46M | $408.71M | $378.95M | $360.65M | $338.99M | $323.75M | $297.38M | $274.02M |
| # Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 15 | 8 | 10 | 16 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.01% | - | 1.02% | 1.01% | 1.01% | - | 1.01% | 1.02% | 1.01% | - | 1.04% | 1.04% | 1.04% | - | 1.04% | 1.02% |
Veeva Systems's average Quarter revenue forecast for May 24 based on 14 analysts is $642.05M, with a low forecast of $642.05M, and a high forecast of $642.05M. VEEV's average Quarter revenue forecast represents a 1.81% increase compared to the company's last Quarter revenue of $630.62M (Jan 24).
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 15 | 8 | 10 | 16 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $146.70M | $128.49M | $112.14M | - | $116.60M | $128.56M | $108.32M | - | $126.52M | $140.43M | $133.17M | - | $112.03M | $112.28M | $100.28M | - | $68.45M | $95.58M |
| Avg Forecast | $218.63M | $212.45M | $208.85M | $200.05M | $192.49M | $187.74M | $184.40M | $176.78M | $169.98M | $166.78M | $162.75M | $149.61M | $151.37M | $150.12M | $141.90M | $136.01M | $138.68M | $139.15M | $135.25M | $123.64M | $122.41M | $118.75M | $115.19M | $95.55M | $96.90M | $92.22M | $86.68M | $65.82M | $76.04M | $70.07M |
| High Forecast | $219.36M | $213.16M | $209.55M | $200.72M | $193.13M | $188.37M | $185.01M | $177.37M | $170.31M | $168.01M | $162.75M | $179.53M | $151.37M | $150.28M | $142.38M | $163.21M | $166.41M | $141.05M | $137.08M | $148.37M | $124.06M | $120.36M | $116.74M | $114.66M | $98.21M | $93.47M | $87.85M | $78.99M | $77.07M | $71.02M |
| Low Forecast | $218.33M | $212.15M | $208.56M | $199.77M | $192.22M | $187.48M | $184.14M | $176.53M | $169.82M | $166.52M | $162.75M | $119.69M | $151.36M | $149.90M | $141.71M | $108.81M | $110.94M | $138.55M | $134.80M | $98.92M | $122.00M | $118.36M | $114.80M | $76.44M | $96.58M | $91.91M | $86.39M | $52.66M | $75.79M | $69.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.86% | 0.79% | - | 0.84% | 0.92% | 0.80% | - | 1.03% | 1.18% | 1.16% | - | 1.16% | 1.22% | 1.16% | - | 0.90% | 1.36% |
14 analysts predict VEEV's average Quarter EBITDA for May 24 to be $149.61M, with a high of $179.53M and a low of $119.69M. This is 1.98% upper than Veeva Systems's previous annual EBITDA (Jan 24) of $146.70M.
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 15 | 8 | 10 | 16 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $147.40M | $135.16M | $111.63M | - | $188.53M | $108.46M | $90.60M | - | $97.10M | $105.87M | $108.86M | - | $102.92M | $96.96M | $93.55M | - | $66.18M | $82.25M |
| Avg Forecast | $330.81M | $325.03M | $324.91M | $304.71M | $289.32M | $286.79M | $283.87M | $266.68M | $252.47M | $260.18M | $252.48M | $114.82M | $213.79M | $212.59M | $185.57M | $104.38M | $104.55M | $176.23M | $166.25M | $94.89M | $144.68M | $144.44M | $142.55M | $87.78M | $112.09M | $111.80M | $105.16M | $63.64M | $85.77M | $89.54M |
| High Forecast | $332.26M | $326.44M | $326.33M | $306.04M | $290.58M | $288.04M | $285.11M | $267.84M | $262.30M | $263.50M | $252.50M | $137.78M | $213.88M | $217.58M | $190.89M | $125.25M | $125.45M | $179.35M | $169.17M | $113.87M | $147.23M | $146.98M | $145.06M | $105.34M | $114.06M | $113.77M | $107.00M | $76.36M | $87.27M | $91.12M |
| Low Forecast | $330.22M | $324.44M | $324.32M | $304.16M | $288.80M | $286.27M | $283.35M | $266.20M | $247.55M | $253.56M | $252.46M | $91.85M | $213.70M | $204.29M | $180.24M | $83.50M | $83.64M | $175.23M | $165.53M | $75.91M | $144.06M | $143.81M | $141.93M | $70.23M | $111.61M | $111.32M | $104.70M | $50.91M | $85.40M | $89.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.64% | 0.60% | - | 1.80% | 0.62% | 0.54% | - | 0.67% | 0.73% | 0.76% | - | 0.92% | 0.87% | 0.89% | - | 0.77% | 0.92% |
Veeva Systems's average Quarter net income forecast for May 24 is $114.82M, with a range of $91.85M to $137.78M. VEEV's average Quarter net income forecast represents a -22.10% decrease compared to the company's last Quarter net income of $147.40M (Jan 24).
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 15 | 8 | 10 | 16 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $154.25M | $159.06M | $159.93M | - | $147.61M | $146.78M | $147.45M | - | $124.63M | $115.20M | $113.97M | - | $102.13M | $93.22M | $96.34M | - | $95.59M | $74.22M |
| Avg Forecast | $235.91M | $229.25M | $225.36M | $215.86M | $207.70M | $202.59M | $198.97M | $190.75M | $183.42M | $179.97M | $175.62M | $147.37M | $163.33M | $161.98M | $153.12M | $133.97M | $113.76M | $142.92M | $138.92M | $121.79M | $125.72M | $121.97M | $118.31M | $87.11M | $99.53M | $94.72M | $89.03M | $91.92M | $78.10M | $71.97M |
| High Forecast | $236.71M | $230.02M | $226.11M | $216.58M | $208.40M | $203.27M | $199.64M | $191.39M | $183.77M | $181.29M | $175.62M | $176.84M | $163.34M | $162.16M | $153.64M | $160.77M | $136.52M | $144.87M | $140.79M | $146.15M | $127.42M | $123.62M | $119.91M | $104.54M | $100.87M | $96.00M | $90.23M | $110.30M | $79.16M | $72.94M |
| Low Forecast | $235.59M | $228.93M | $225.04M | $215.56M | $207.42M | $202.30M | $198.70M | $190.49M | $183.24M | $179.68M | $175.62M | $117.90M | $163.33M | $161.75M | $152.91M | $107.18M | $91.01M | $142.30M | $138.45M | $97.43M | $125.30M | $121.56M | $117.91M | $69.69M | $99.19M | $94.40M | $88.73M | $73.53M | $77.84M | $71.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.98% | 1.04% | - | 1.30% | 1.03% | 1.06% | - | 0.99% | 0.94% | 0.96% | - | 1.03% | 0.98% | 1.08% | - | 1.22% | 1.03% |
Veeva Systems's average Quarter SG&A projection for May 24 is $147.37M, based on 14 Wall Street analysts, with a range of $117.90M to $176.84M. The forecast indicates a -4.46% fall compared to VEEV last annual SG&A of $154.25M (Jan 24).
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 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 10 | 14 | 8 | 7 | 9 | 13 | 16 | 16 | 10 | 14 | 7 | 15 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 7 | 7 | 7 | 7 | 15 | 8 | 10 | 16 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.92 | $0.84 | $0.70 | - | $1.20 | $0.70 | $0.58 | - | $0.63 | $0.69 | $0.71 | - | $0.68 | $0.64 | $0.62 | - | $0.44 | $0.56 |
| Avg Forecast | $2.01 | $1.98 | $1.97 | $1.85 | $1.76 | $1.74 | $1.72 | $1.62 | $1.53 | $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 | $2.02 | $1.98 | $1.98 | $1.86 | $1.77 | $1.75 | $1.73 | $1.63 | $1.59 | $1.60 | $1.53 | $1.50 | $1.30 | $1.32 | $1.16 | $0.80 | $1.04 | $1.09 | $1.03 | $0.94 | $0.89 | $0.89 | $0.88 | $0.79 | $0.69 | $0.69 | $0.65 | $0.60 | $0.53 | $0.55 |
| Low Forecast | $2.01 | $1.97 | $1.97 | $1.85 | $1.75 | $1.74 | $1.72 | $1.62 | $1.50 | $1.54 | $1.53 | $1.35 | $1.30 | $1.24 | $1.10 | $0.79 | $1.04 | $1.06 | $1.01 | $0.92 | $0.88 | $0.87 | $0.86 | $0.78 | $0.68 | $0.68 | $0.64 | $0.58 | $0.52 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.65% | 0.62% | - | 1.15% | 0.65% | 0.57% | - | 0.72% | 0.79% | 0.82% | - | 1.00% | 0.94% | 0.97% | - | 0.84% | 1.03% |
According to 14 Wall Street analysts, Veeva Systems's projected average Quarter EPS for May 24 is $1.42, with a low estimate of $1.35 and a high estimate of $1.50. This represents a 54.89% increase compared to VEEV previous annual EPS of $0.92 (Jan 24).
Veeva Systems Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TDOC | Teladoc Health | $9.00 | $50.87 | 465.22% | Hold |
| ACCD | Accolade | $3.56 | $14.81 | 316.01% | Buy |
| GDRX | GoodRx | $4.31 | $14.57 | 238.05% | Buy |
| TXG | 10x Genomics | $13.32 | $30.20 | 126.73% | Hold |
| CERT | Certara | $9.55 | $19.33 | 102.41% | Buy |
| PGNY | Progyny | $13.98 | $25.29 | 80.90% | Hold |
| SDGR | Schrödinger | $19.17 | $28.50 | 48.67% | Buy |
| GEHC | GE HealthCare | $84.90 | $93.90 | 10.60% | Buy |
| VEEV | Veeva Systems | $210.63 | $229.71 | 9.06% | Buy |
| AMWL | American Well | $7.84 | $8.40 | 7.14% | Hold |
| DOCS | Doximity | $49.90 | $49.10 | -1.60% | Buy |
| HQY | HealthEquity | $102.96 | $97.00 | -5.79% | Buy |