Q1 2026 Earnings Estimate for Veeva Systems Inc. Issued By Zacks Research (NYSE:VEEV)

Veeva Systems Inc. (NYSE:VEEV - Free Report) - Investment analysts at Zacks Research decreased their Q1 2026 earnings estimates for Veeva Systems in a research note issued to investors on Tuesday, September 24th. Zacks Research analyst R. Department now expects that the technology company will post earnings per share of $1.05 for the quarter, down from their prior estimate of $1.06. The consensus estimate for Veeva Systems' current full-year earnings is $4.21 per share. Zacks Research also issued estimates for Veeva Systems' FY2026 earnings at $4.45 EPS and FY2027 earnings at $5.05 EPS.

Veeva Systems (NYSE:VEEV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 28th. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.03. Veeva Systems had a return on equity of 13.30% and a net margin of 23.91%. The firm had revenue of $676.18 million during the quarter, compared to the consensus estimate of $667.21 million.

A number of other brokerages have also recently issued reports on VEEV. Guggenheim upped their target price on Veeva Systems from $211.00 to $233.00 and gave the stock a "buy" rating in a research report on Thursday, July 18th. Robert W. Baird lifted their target price on shares of Veeva Systems from $245.00 to $251.00 and gave the stock an "outperform" rating in a report on Thursday, August 29th. Citigroup boosted their target price on shares of Veeva Systems from $256.00 to $273.00 and gave the stock a "buy" rating in a research report on Tuesday, August 27th. TD Cowen raised their price target on Veeva Systems from $180.00 to $192.00 and gave the company a "hold" rating in a research report on Thursday, August 29th. Finally, Truist Financial boosted their price objective on Veeva Systems from $197.00 to $207.00 and gave the stock a "hold" rating in a research report on Tuesday, September 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $229.96.

Veeva Systems Trading Up 0.8 %

NYSE VEEV traded up $1.70 during trading on Friday, reaching $211.13. The company's stock had a trading volume of 391,567 shares, compared to its average volume of 969,604. The stock has a market capitalization of $34.19 billion, a PE ratio of 61.79, a PEG ratio of 2.02 and a beta of 0.81. The business has a 50-day moving average price of $201.22 and a 200-day moving average price of $201.23. Veeva Systems has a 1-year low of $162.72 and a 1-year high of $236.90.

Insider Buying and Selling

In related news, SVP Jonathan Faddis sold 2,353 shares of the business's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $200.00, for a total transaction of $470,600.00. Following the transaction, the senior vice president now directly owns 9,035 shares in the company, valued at $1,807,000. The sale was disclosed in a filing with the SEC, which is available through this link. 10.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veeva Systems

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Veeva Systems by 7.5% during the first quarter. Vanguard Group Inc. now owns 14,150,070 shares of the technology company's stock worth $3,278,430,000 after acquiring an additional 991,208 shares during the period. Swedbank AB acquired a new position in Veeva Systems during the first quarter worth about $227,673,000. Principal Financial Group Inc. boosted its stake in shares of Veeva Systems by 1,122.3% in the 2nd quarter. Principal Financial Group Inc. now owns 912,223 shares of the technology company's stock valued at $166,946,000 after purchasing an additional 837,593 shares in the last quarter. Matrix Capital Management Company LP grew its holdings in shares of Veeva Systems by 635.4% during the 1st quarter. Matrix Capital Management Company LP now owns 498,821 shares of the technology company's stock valued at $115,572,000 after purchasing an additional 430,989 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in Veeva Systems by 83.8% during the 1st quarter. Acadian Asset Management LLC now owns 618,344 shares of the technology company's stock worth $143,235,000 after purchasing an additional 281,993 shares in the last quarter. Institutional investors own 88.20% of the company's stock.

About Veeva Systems

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.