Veeva Systems (NYSE:VEEV) Earns “Buy” Rating from BTIG Research

04 Jun 2026, 09:42 by Renee Jackson · The Cerbat Gem

Veeva Systems (NYSE:VEEV – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at BTIG Research in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $340.00 price target on the technology company’s stock. BTIG Research’s price target would suggest a potential upside of 90.27% from the stock’s previous close.

VEEV has been the topic of several other reports. Stifel Nicolaus set a $230.00 price objective on shares of Veeva Systems in a report on Thursday. Oppenheimer reduced their price target on shares of Veeva Systems from $275.00 to $225.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Raymond James Financial reissued an “outperform” rating and issued a $225.00 price objective on shares of Veeva Systems in a research note on Thursday. Wall Street Zen cut shares of Veeva Systems from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Finally, Morgan Stanley upped their target price on shares of Veeva Systems from $205.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Seventeen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $264.04.

View Our Latest Analysis on Veeva Systems

Veeva Systems Trading Down 2.3%

Shares of VEEV opened at $178.69 on Thursday. The firm has a market cap of $29.19 billion, a P/E ratio of 33.03, a price-to-earnings-growth ratio of 0.81 and a beta of 0.95. Veeva Systems has a 12-month low of $148.05 and a 12-month high of $310.50. The company’s 50-day moving average price is $166.29 and its 200 day moving average price is $196.71.

Veeva Systems (NYSE:VEEV – Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The technology company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.10. The firm had revenue of $882.95 million for the quarter, compared to analyst estimates of $857.73 million. Veeva Systems had a net margin of 28.44% and a return on equity of 13.80%. Veeva Systems’s revenue was up 16.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.97 EPS. Veeva Systems has set its FY 2027 guidance at 9.050-9.050 EPS and its Q2 2027 guidance at 2.210-2.220 EPS. Equities research analysts forecast that Veeva Systems will post 6.45 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Priscilla Hung sold 750 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $155.64, for a total transaction of $116,730.00. Following the sale, the director directly owned 3,253 shares of the company’s stock, valued at $506,296.92. This represents a 18.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.60% of the stock is currently owned by insiders.

Institutional Trading of Veeva Systems

A number of large investors have recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in shares of Veeva Systems by 5.3% during the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the technology company’s stock worth $1,641,000 after buying an additional 466 shares during the period. Caerus Investment Advisors LLC purchased a new stake in shares of Veeva Systems during the first quarter worth approximately $334,000. Allen Capital Group LLC increased its stake in shares of Veeva Systems by 4.5% during the first quarter. Allen Capital Group LLC now owns 17,357 shares of the technology company’s stock worth $3,049,000 after buying an additional 743 shares during the period. Glenmede Trust Co. NA increased its stake in shares of Veeva Systems by 2,994.9% during the first quarter. Glenmede Trust Co. NA now owns 41,348 shares of the technology company’s stock worth $7,263,000 after buying an additional 40,012 shares during the period. Finally, Edgestream Partners L.P. purchased a new stake in shares of Veeva Systems during the first quarter worth approximately $5,593,000. 88.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Veeva Systems

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

Positive Sentiment: Veeva reported Q1 revenue of about $882.9 million and adjusted EPS of $2.24, both ahead of estimates, showing continued demand and profitability improvement. Veeva Systems (VEEV) Q1 Earnings and Revenues Surpass Estimates
Positive Sentiment: Management issued Q2 revenue guidance of roughly $902 million-$905 million and EPS guidance of $2.21-$2.22, both above consensus, signaling confidence in near-term growth. Veeva Announces Fiscal 2027 First Quarter Results
Positive Sentiment: Veeva highlighted AI innovations during the earnings call, which may support future product adoption and help the company deepen its competitive position in life sciences software. Veeva Systems Inc (VEEV) Q1 2027 Earnings Call Highlights: Surpassing Revenue Guidance and Unveiling AI Innovations
Neutral Sentiment: Several summaries of the results emphasized that the quarter’s headline numbers were strong, but investors are still parsing the full transcript and details behind the outlook. Veeva Systems Inc. (VEEV) Q1 2027 Earnings Call Transcript
Negative Sentiment: Despite the beat-and-raise report, some coverage noted the shares slipped after the announcement, suggesting the market may have been positioned for strong results or is focused on valuation and broader market sentiment. Veeva Shares Slip Despite Beating Q1 Estimates: Details

Veeva Systems Company Profile

(Get Free Report)

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.