
Veeva Systems (VEEV) Stock Forecast & Price Target
Veeva Systems (VEEV) Analyst Ratings
Bulls say
Veeva Systems has demonstrated significant growth potential, as evidenced by an increase in net headcount by 284 during the quarter, supported by a successful graduate hiring program. The company raised its revenue guidance to $3,134–3,140 million, highlighting strong performance across its Commercial subscription, R&D subscription, and services revenue, with a notable increase driven by accelerated project timelines. Additionally, Veeva's normalized billings of $666 million reflect a 10% year-over-year growth, indicating robust demand for its cloud-based software solutions in the life sciences sector.
Bears say
Veeva Systems faces a negative outlook due to multiple potential risks impacting its growth trajectory, including a significant decline in the growth rate of its Veeva Vault product and issues with the adoption of new CRM add-ons. Furthermore, competitive pricing pressure on offerings such as Veeva Network and OpenData, combined with ongoing challenges in the broader SaaS market, raises concerns about future revenue stability. The company's recent guidance indicates a backtrack in EBIT margins amidst increasing hiring costs and highlights potential volatility in quarterly billings, suggesting a deceleration in year-over-year performance as the second half of the fiscal year approaches.
This aggregate rating is based on analysts' research of Veeva Systems and is not a guaranteed prediction by Public.com or investment advice.
Veeva Systems (VEEV) Analyst Forecast & Price Prediction
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