Veeva Systems (NYSE:VEEV) Updates FY 2026 Earnings Guidance

Veeva Systems (NYSE:VEEV) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.320-7.320 for the period, compared to the consensus EPS estimate of 6.970. The company issued revenue guidance of $3.0 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion. Veeva Systems also updated its Q1 2026 guidance to 1.740-1.750 EPS.

Veeva Systems Stock Up 0.9 %

VEEV traded up $1.87 during trading hours on Wednesday, reaching $220.32. 1,491,476 shares of the company’s stock traded hands, compared to its average volume of 1,057,440. The firm has a 50-day moving average price of $223.76 and a 200 day moving average price of $219.53. The firm has a market capitalization of $35.77 billion, a PE ratio of 54.40, a PEG ratio of 1.89 and a beta of 0.85. Veeva Systems has a 52-week low of $170.25 and a 52-week high of $258.93.

Veeva Systems (NYSE:VEEV) last issued its earnings results on Wednesday, March 5th. The technology company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.39). Veeva Systems had a net margin of 25.07% and a return on equity of 13.56%. Equities analysts predict that Veeva Systems will post 4.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on VEEV shares. Canaccord Genuity Group raised their target price on shares of Veeva Systems from $210.00 to $270.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Evercore ISI raised their price objective on Veeva Systems from $220.00 to $245.00 and gave the stock an “in-line” rating in a report on Friday, December 6th. Scotiabank lifted their target price on Veeva Systems from $235.00 to $240.00 and gave the company a “sector perform” rating in a research report on Friday, December 6th. JPMorgan Chase & Co. increased their price target on Veeva Systems from $208.00 to $218.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Finally, Wells Fargo & Company raised their price target on Veeva Systems from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.48.

About Veeva Systems

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.