Veeva Systems Inc. – Consensus ‘buy’ rating and 20.1% Upside Potential

Broker Ratings
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Veeva Systems Inc. with ticker code (VEEV) now have 23 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 $265.00 and $160.00 with the average target price sitting at $214.61. Now with the previous closing price of $178.71 and the analysts are correct then there would likely be a percentage uptick in value of 20.1%. The 50 day MA is $197.17 and the 200 day moving average is $188.77. The market cap for the company is 28.34B. The stock price is currently at: $176.40 USD

The potential market cap would be $34,032,717,312 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 53.13, revenue per share of $14.12 and a 5.3% 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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