Don't Even Think About Veeva Systems Before Reading This Report!

Large-cap Technology company Veeva Systems has logged a 0.9% change today on a trading volume of 79,276. The average volume for the stock is 870,948.

Veeva Systems Inc. provides cloud-based software for the life sciences industry. Based in Pleasanton, United States the company has 6,744 full time employees and a market cap of $34,545,860,608.

The company is now trading -3.98% away from its average analyst target price of $223.95 per share. The 21 analysts following the stock have set target prices ranging from $181.0 to $250.0, and on average give Veeva Systems a rating of buy.

Over the last 52 weeks, VEEV stock has risen 33.0%, which amounts to a 10.0% difference compared to the S&P 500. The stock's 52 week high is $225.49 whereas its 52 week low is $151.02 per share. Based on Veeva Systems's average net margin growth of 10.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022-03-30 1,850,777 427,390 23 -11.54
2021-03-30 1,465,069 379,998 26 -3.7
2020-03-30 1,104,081 301,118 27 0.0
2019-03-28 862,210 229,832 27 28.57
2018-03-30 685,571 141,966 21 61.54
2017-03-30 544,043 68,804 13
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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