VEEV stock icon

Veeva Systems
VEEV

$186.17
0.28%
 

About: Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.

Employees: 7,172

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 35 analysts
0
News positive %
of 17 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

42% more funds holding in top 10

Funds holding in top 10: 12 [Q4 2023] → 17 (+5) [Q1 2024]

29% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 98

20% more repeat investments, than reductions

Existing positions increased: 334 | Existing positions reduced: 279

19% more capital invested

Capital invested by funds: $24.5B [Q4 2023] → $29.1B (+$4.55B) [Q1 2024]

3% more funds holding

Funds holding: 844 [Q4 2023] → 872 (+28) [Q1 2024]

1% less call options, than puts

Call options by funds: $413M | Put options by funds: $419M

1.11% less ownership

Funds ownership: 79.12% [Q4 2023] → 78.0% (-1.11%) [Q1 2024]

Research analyst outlook

35 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$173
7%
downside
Avg. target
$234
26%
upside
High target
$270
45%
upside

35 analyst ratings

25 positive
71%
neutral
23%
negative
6%
RBC Capital
Rishi Jaluria
34%upside
$250
Outperform
Reiterated
21 Jun 2024
Truist Securities
Jailendra Singh
6%upside
$197
Hold
Maintained
14 Jun 2024
Citigroup
Tyler Radke
38%upside
$256
Buy
Maintained
3 Jun 2024
UBS
Karl Keirstead
1%downside
$185
Neutral
Maintained
31 May 2024
Barclays
Saket Kalia
18%upside
$220
Overweight
Maintained
31 May 2024

Financial journalist opinion

Based on 17 articles about VEEV published over the past 30 days