Q1 EPS Estimates for Veeva Systems Lifted by Zacks Research

Veeva Systems Inc. (NYSE:VEEV - Free Report) - Equities researchers at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for Veeva Systems in a research report issued on Wednesday, March 26th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $1.21 for the quarter, up from their prior forecast of $1.08. The consensus estimate for Veeva Systems' current full-year earnings is $4.35 per share. Zacks Research also issued estimates for Veeva Systems' FY2026 earnings at $5.07 EPS, Q3 2027 earnings at $1.42 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.53 EPS and FY2028 earnings at $6.79 EPS.

Several other analysts also recently issued reports on the stock. Stephens reaffirmed an "overweight" rating and issued a $280.00 price target on shares of Veeva Systems in a report on Thursday, March 6th. Citigroup upped their target price on Veeva Systems from $281.00 to $307.00 and gave the company a "buy" rating in a research note on Monday, December 9th. Piper Sandler raised their price target on Veeva Systems from $280.00 to $290.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th. Morgan Stanley upped their price objective on Veeva Systems from $195.00 to $201.00 and gave the company an "underweight" rating in a research report on Thursday, March 6th. Finally, JPMorgan Chase & Co. lifted their price objective on Veeva Systems from $218.00 to $249.00 and gave the stock a "neutral" rating in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, Veeva Systems presently has an average rating of "Moderate Buy" and a consensus target price of $256.52.

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Veeva Systems Stock Down 2.2 %

Shares of Veeva Systems stock traded down $4.96 on Monday, hitting $221.58. The company's stock had a trading volume of 1,648,402 shares, compared to its average volume of 1,045,305. The company has a market capitalization of $36.05 billion, a P/E ratio of 54.71, a price-to-earnings-growth ratio of 1.89 and a beta of 0.88. Veeva Systems has a 52-week low of $170.25 and a 52-week high of $258.93. The firm has a fifty day moving average price of $231.93 and a 200-day moving average price of $223.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Veeva Systems by 72.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the technology company's stock valued at $25,000 after buying an additional 50 shares during the period. Centricity Wealth Management LLC acquired a new stake in Veeva Systems in the fourth quarter valued at approximately $25,000. Smithfield Trust Co raised its stake in shares of Veeva Systems by 145.5% during the fourth quarter. Smithfield Trust Co now owns 135 shares of the technology company's stock valued at $27,000 after purchasing an additional 80 shares during the period. True Wealth Design LLC lifted its position in shares of Veeva Systems by 3,375.0% during the third quarter. True Wealth Design LLC now owns 139 shares of the technology company's stock worth $29,000 after purchasing an additional 135 shares in the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Veeva Systems during the fourth quarter worth $31,000. Institutional investors and hedge funds own 88.20% of the company's stock.

Insider Transactions at Veeva Systems

In related news, SVP Jonathan Faddis sold 787 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $226.20, for a total transaction of $178,019.40. Following the completion of the sale, the senior vice president now directly owns 8,668 shares of the company's stock, valued at approximately $1,960,701.60. This represents a 8.32 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 10.50% 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.