Veeva Systems Inc. – Consensus ‘buy’ rating and 12.3% Upside Potential

Broker Ratings
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Veeva Systems Inc. with ticker code (VEEV) now have 25 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 243 and 170 calculating the mean target price we have $213.84. Now with the previous closing price of $190.39 this would indicate that there is a potential upside of 12.3%. The day 50 moving average is $197.31 while the 200 day moving average is $180.57. The company has a market cap of 30.93B. The stock price for the company is currently is currently 193.03 USD

The potential market cap would be $34,737,389,684 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 59.95, revenue per share of 13.89 and a 5.44% return on assets.

Veeva Systems Inc. is a provider of industry cloud solutions for the global life sciences industry. The Company’s offerings span cloud software, data, and business consulting and are designed to meet the needs of its customers and their most strategic business functions from research and development (R&D) to commercialization. The Company’s industry cloud solutions for the life sciences industry are grouped into two major product families: Veeva Development Cloud and Veeva Commercial Cloud. Veeva Development Cloud includes application suites for the clinical, regulatory, and safety functions of life sciences companies, all built on its proprietary Veeva Vault platform. Veeva Commercial Cloud includes solutions for the sales, medical affairs, and marketing functions of a life sciences company. Its software offerings include Veeva CRM, Veeva Vault PromoMats, Veeva Vault Medical, and Veeva Crossix. Its data offerings include Veeva OpenData, Veeva Link, and Veeva Compass.

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