Veeva Systems (VEEV) Stock Forecast, Price Target & Predictions


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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


The average price target for Veeva Systems (VEEV) is $229.50 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $281.00 to $181.00. This represents a potential 6.84% upside from VEEV's last price of $214.80.

VEEV Analyst Ratings


Buy

According to 19 Wall Street analysts, Veeva Systems's rating consensus is 'Buy'. The analyst rating breakdown for VEEV stock is 0 'Strong Buy' (0.00%), 15 'Buy' (78.95%), 4 'Hold' (21.05%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Veeva Systems Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2024Joe MearesTruist Financial$207.00$217.09-4.65%-3.63%
Aug 29, 2024Brad SillsBank of America Securities$240.00$199.3520.39%11.73%
Aug 29, 2024Tyler RadkeCitigroup$281.00$199.3540.96%30.82%
Aug 27, 2024Tyler RadkeCitigroup$273.00$198.5137.52%27.09%
Aug 26, 2024Karl KeirsteadUBS$215.00$199.257.90%0.09%
Jul 09, 2024David LarsenBTIG$240.00$182.8931.23%11.73%
Jun 13, 2024Joe MearesTruist Financial$197.00$187.295.18%-8.29%
May 31, 2024David GrossmanStifel Nicolaus$210.00$194.198.14%-2.23%
May 31, 2024David HynesCanaccord Genuity$210.00$194.198.14%-2.23%
May 31, 2024Ryan MacDonaldNeedham$260.00$194.1933.89%21.04%
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The latest Veeva Systems stock forecast, released on Sep 03, 2024 by Joe Meares from Truist Financial, set a price target of $207.00, which represents a -4.65% decrease from the stock price at the time of the forecast ($217.09), and a -3.63% decrease from VEEV last price ($214.80).

Veeva Systems Price Target by Period


1M3M12M
# Anlaysts5619
Avg Price Target$243.20$242.67$231.21
Last Closing Price$214.80$214.80$214.80
Upside/Downside13.22%12.97%7.64%

In the current month, the average price target of Veeva Systems stock is $243.20, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 13.22% increase as opposed to Veeva Systems's last price of $214.80. This month's average price target is up 0.22% compared to last quarter, and up 5.19% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 29, 2024Raymond JamesOutperformOutperformHold
Aug 29, 2024Piper SandlerOverweightOverweightHold
Aug 29, 2024BarclaysOverweightOverweightHold
Aug 27, 2024CitigroupBuyBuyHold
Aug 26, 2024UBSBuyBuyHold
Aug 26, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 26, 2024UBSNeutralNeutralHold
Aug 23, 2024Cowen & Co.HoldHoldHold
Jul 18, 2024GuggenheimBuyBuyHold
Jul 09, 2024UBSBuyBuyHold
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Veeva Systems's last stock rating was published by Raymond James on Aug 29, 2024. The company gave VEEV a "Outperform" rating, the same as its previous rate.

Veeva Systems Financial Forecast


Veeva Systems Revenue Forecast

Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 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
# Analysts8810148791316161014715777989977710101010109
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's average Quarter revenue forecast for May 24 based on 14 analysts is $642.05M, with a low forecast of $640.06M, and a high forecast of $650.22M. 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 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts8810148791316161014715777989977710101010109
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%

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 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts8810148791316161014715777989977710101010109
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'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 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts8810148791316161014715777989977710101010109
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'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 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
# Analysts8810148791316161014715777989977710101010109
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%

According to 14 Wall Street analysts, Veeva Systems's projected average Quarter EPS for May 24 is $1.42, with a low estimate of $1.42 and a high estimate of $1.45. This represents a 54.89% increase compared to VEEV previous annual EPS of $0.92 (Jan 24).

Veeva Systems Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TDOCTeladoc Health$9.11$52.65477.94%Hold
ACCDAccolade$4.31$14.81243.62%Buy
CERTCertara$10.83$21.75100.83%Hold
GDRXGoodRx$7.59$14.5791.96%Buy
TXG10x Genomics$21.41$30.2041.06%Hold
SDGRSchrödinger$19.62$27.3339.30%Buy
PGNYProgyny$24.82$34.5039.00%Hold
HQYHealthEquity$78.80$97.0023.10%Buy
GEHCGE HealthCare$86.79$93.888.17%Buy
VEEVVeeva Systems$214.80$229.506.84%Buy
AMWLAmerican Well$10.15$8.40-17.24%Hold
DOCSDoximity$40.16$32.17-19.90%Buy

VEEV Forecast FAQ


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.

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.

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.

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.

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.

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).

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%