UBS Group Boosts Veeva Systems (NYSE:VEEV) Price Target to $220.00

Veeva Systems (NYSE:VEEV) had its price target raised by investment analysts at UBS Group from $200.00 to $220.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. UBS Group’s price objective points to a potential upside of 12.31% from the stock’s previous close.

VEEV has been the topic of a number of other research reports. Stifel Nicolaus cut their price target on shares of Veeva Systems from $320.00 to $212.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Veeva Systems in a research note on Monday, November 24th. BMO Capital Markets assumed coverage on shares of Veeva Systems in a research note on Thursday, November 13th. They issued a “market perform” rating and a $300.00 price objective for the company. Wall Street Zen cut shares of Veeva Systems from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, JPMorgan Chase & Co. cut their target price on shares of Veeva Systems from $330.00 to $296.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Seventeen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Veeva Systems has an average rating of “Moderate Buy” and a consensus price target of $284.91.

Veeva Systems Stock Down 0.1%

Shares of NYSE VEEV opened at $195.89 on Thursday. Veeva Systems has a 12 month low of $168.13 and a 12 month high of $310.50. The company has a market cap of $32.20 billion, a price-to-earnings ratio of 36.21, a P/E/G ratio of 1.35 and a beta of 1.09. The business has a fifty day simple moving average of $203.47 and a 200-day simple moving average of $247.42.

Veeva Systems (NYSE:VEEV) last issued its quarterly earnings results on Wednesday, March 4th. The technology company reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.12. The firm had revenue of $835.95 million for the quarter, compared to analysts’ expectations of $810.95 million. Veeva Systems had a return on equity of 14.11% and a net margin of 28.44%.Veeva Systems’s revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $1.74 EPS. Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. As a group, sell-side analysts expect that Veeva Systems will post 4.35 EPS for the current fiscal year.

Veeva Systems announced that its board has initiated a share repurchase program on Monday, January 5th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the technology company to repurchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Veeva Systems

In related news, insider Thomas D. Schwenger sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total transaction of $231,430.00. Following the transaction, the insider directly owned 23,204 shares of the company’s stock, valued at approximately $5,370,101.72. The trade was a 4.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 10.30% of the company’s stock.

Institutional Investors Weigh In On Veeva Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC boosted its stake in shares of Veeva Systems by 196.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 83 shares of the technology company’s stock valued at $25,000 after buying an additional 55 shares during the period. Raiffeisen Bank International AG acquired a new position in shares of Veeva Systems in the third quarter worth $28,000. OLD Second National Bank of Aurora purchased a new stake in shares of Veeva Systems during the third quarter worth $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of Veeva Systems during the second quarter worth $32,000. Finally, SHP Wealth Management acquired a new stake in Veeva Systems during the fourth quarter valued at $26,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

Trending Headlines about Veeva Systems

Here are the key news stories impacting Veeva Systems this week:

• Positive Sentiment: Q4 beats and raised outlook — Veeva reported revenue of ~$836M (+16% y/y) and non?GAAP EPS of $2.06, above consensus, and provided FY27 guidance that came in ahead of some estimates, which drove the initial rally. Article Title
• Positive Sentiment: AI and product roadmap cited as growth drivers — Management emphasized “agentic” AI initiatives and CRM expansion (CRM targeted to be ~10% of revenue by 2030), positioning Veeva to capture higher?value services and offset broader software AI fears. Article Title
• Positive Sentiment: Analyst support and buy ratings remain — Several firms reaffirmed or raised ratings/targets (e.g., Stifel raised target to $245; Truist reaffirmed buy), keeping institutional sentiment constructive despite some cuts. Article Title
• Neutral Sentiment: Earnings call detail available for deeper read — The full Q4 earnings call/transcript provides color on customer uptake, AI timing and margin outlook; useful for investors who want to judge execution risk vs opportunity. Article Title
• Neutral Sentiment: Technical/volume context — Trading volume was a bit below average and the stock remains under its 50? and 200?day moving averages, which can limit near?term upside until momentum recovers. (See market data summary above.)
• Negative Sentiment: Price?target cuts and cautious notes — Multiple firms trimmed price targets (Canaccord, Piper Sandler, Needham, RBC, Wells Fargo among others) citing decelerating growth, margin pressure or to reflect model changes—these headlines trimmed upside and likely capped the post?earnings rally. Article Title
• Negative Sentiment: Ongoing AI disruption debate — Despite Veeva’s positioning, some investors remain worried about how AI will change software economics and competitive dynamics; a few analysts argue AI risk and growth normalization justify a more cautious stance. Article Title

About Veeva Systems

Veeva Systems (NYSE: VEEV) is a cloud software company that develops industry-specific applications and data solutions for the global life sciences sector. Founded in 2007 and headquartered in Pleasanton, California, Veeva focuses on helping pharmaceutical, biotechnology, medical device and consumer health companies manage regulated content, clinical and regulatory processes, quality systems, and commercial operations in a compliant, cloud-native environment. The company completed its initial public offering in 2013 and has since expanded its product suite and international footprint.

Veeva’s product portfolio centers on its Vault platform and related application suites, which provide content and data management, clinical trial and regulatory workflows, quality management, and structured commercial capabilities such as customer relationship management and promotional content management.