Q2 EPS Estimates for Veeva Systems Lifted by William Blair

Veeva Systems Inc. (NYSE:VEEV) – Equities researchers at William Blair upped their Q2 2026 earnings per share estimates for Veeva Systems in a report released on Thursday, May 29th. William Blair analyst D. Becker now forecasts that the technology company will post earnings of $1.34 per share for the quarter, up from their previous estimate of $1.24. The consensus estimate for Veeva Systems’ current full-year earnings is $4.35 per share.

Veeva Systems (NYSE:VEEV) last issued its quarterly earnings data on Wednesday, May 28th. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.23. The business had revenue of $759.04 million during the quarter, compared to the consensus estimate of $728.38 million. Veeva Systems had a return on equity of 13.56% and a net margin of 25.07%. The business’s revenue was up 16.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.50 earnings per share.

Other equities analysts also recently issued reports about the company. Robert W. Baird boosted their price objective on Veeva Systems from $283.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. UBS Group upped their target price on Veeva Systems from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Thursday. Needham & Company LLC upped their target price on Veeva Systems from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday. KeyCorp cut their target price on Veeva Systems from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, Wells Fargo & Company upped their target price on Veeva Systems from $285.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $269.00.

Veeva Systems Trading Up 0.4%

Shares of NYSE VEEV opened at $280.03 on Monday. The stock has a 50 day simple moving average of $230.48 and a 200-day simple moving average of $227.81. The company has a market cap of $45.56 billion, a PE ratio of 69.14, a P/E/G ratio of 1.89 and a beta of 0.96. Veeva Systems has a 12-month low of $171.10 and a 12-month high of $285.70.

Insider Buying and Selling at Veeva Systems

In other Veeva Systems news, insider Thomas D. Schwenger sold 1,200 shares of the business’s stock in a transaction on Monday, April 14th. The shares were sold at an average price of $220.97, for a total transaction of $265,164.00. Following the sale, the insider now directly owns 25,889 shares of the company’s stock, valued at $5,720,692.33. The trade was a 4.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jonathan Faddis sold 787 shares of the business’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 sale, the senior vice president now directly owns 8,668 shares in the company, valued at approximately $1,960,701.60. This trade represents a 8.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,869 shares of company stock valued at $1,284,917. Corporate insiders own 10.30% of the company’s stock.

Institutional Trading of Veeva Systems

Several large investors have recently added to or reduced their stakes in VEEV. Centricity Wealth Management LLC acquired a new stake in Veeva Systems during the 4th quarter valued at $25,000. Abound Financial LLC acquired a new position in shares of Veeva Systems in the first quarter worth $25,000. ORG Partners LLC acquired a new position in shares of Veeva Systems in the first quarter worth $26,000. Smithfield Trust Co increased its stake in shares of Veeva Systems by 145.5% in the fourth quarter. Smithfield Trust Co now owns 135 shares of the technology company’s stock worth $27,000 after acquiring an additional 80 shares during the last quarter. Finally, Avion Wealth increased its stake in shares of Veeva Systems by 635.0% in the fourth quarter. Avion Wealth now owns 147 shares of the technology company’s stock worth $30,000 after acquiring an additional 127 shares during the last quarter. 88.20% of the stock is owned by institutional investors and hedge funds.

Veeva Systems Company Profile

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.