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VEEV logo VEEV
Upturn stock ratingUpturn stock rating
VEEV logo

Veeva Systems Inc Class A (VEEV)

Upturn stock ratingUpturn stock rating
$227.9
Delayed price
Profit since last BUY-4.03%
upturn advisory
WEAK BUY
BUY since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: VEEV (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -28.33%
Avg. Invested days 36
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 37.08B USD
Price to earnings Ratio 52.63
1Y Target Price 266.54
Price to earnings Ratio 52.63
1Y Target Price 266.54
Volume (30-day avg) 1376498
Beta 0.88
52 Weeks Range 170.25 - 258.93
Updated Date 04/1/2025
52 Weeks Range 170.25 - 258.93
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 4.33

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 26%
Operating Margin (TTM) 26.14%

Management Effectiveness

Return on Assets (TTM) 6.57%
Return on Equity (TTM) 13.63%

Valuation

Trailing PE 52.63
Forward PE 31.15
Enterprise Value 32003975516
Price to Sales(TTM) 13.5
Enterprise Value 32003975516
Price to Sales(TTM) 13.5
Enterprise Value to Revenue 11.65
Enterprise Value to EBITDA 43.79
Shares Outstanding 162696000
Shares Floating 149151595
Shares Outstanding 162696000
Shares Floating 149151595
Percent Insiders 8.9
Percent Institutions 84.75

Analyst Ratings

Rating 4
Target Price 267.46
Buy 8
Strong Buy 13
Buy 8
Strong Buy 13
Hold 10
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Veeva Systems Inc Class A

stock logo

Company Overview

overview logo History and Background

Veeva Systems was founded in 2007 by Peter Gassner and Matt Wallach. It provides cloud-based software solutions for the global life sciences industry. Veeva's initial focus was on customer relationship management (CRM) for pharmaceutical companies, later expanding into content management, data analytics, and clinical data management. It went public in 2013.

business area logo Core Business Areas

  • Veeva Commercial Cloud: This segment includes Veeva CRM, Veeva Vault PromoMats, Veeva Align, and other commercial applications used to manage customer relationships, content, and sales processes.
  • Veeva Development Cloud: This includes Veeva Vault Clinical, Veeva Vault Regulatory, and other development applications used for clinical trial management, regulatory submissions, and quality management.
  • Veeva Data Cloud: Providing data and analytics solutions tailored for the life sciences industry, including Veeva Link and Veeva Compass.
  • Veeva Business Consulting: Consulting services which help customers implement the services and also provide guidance.

leadership logo Leadership and Structure

Peter Gassner is the CEO. The company has a functional organizational structure with departments focused on product development, sales, marketing, and customer success. They have regional leadership teams as well.

Top Products and Market Share

overview logo Key Offerings

  • Veeva Vault: A unified platform for managing content and data across the product lifecycle. It is a market leader in cloud content management for life sciences. Competitors include Box and OpenText. Veeva claims to serve over 1,700 customers, demonstrating significant market penetration in its core segments. It also has over 870 million in revenue per quarter.
  • Veeva CRM: A customer relationship management system specifically designed for the pharmaceutical and biotechnology industries. It's built on the Salesforce platform and includes features like sales force automation and medical affairs. Competitors include Salesforce Health Cloud and Microsoft Dynamics 365.
  • Veeva Network: Provides master data management (MDM) solutions to help life sciences companies manage customer and product data. This service aims to provide a single source of truth for customer information. Competitors include IQVIA OneKey.

Market Dynamics

industry overview logo Industry Overview

The life sciences software market is growing due to increasing regulatory requirements, the need for efficient clinical trials, and the shift towards digital transformation. Cloud-based solutions are gaining traction for their scalability and cost-effectiveness.

Positioning

Veeva is a market leader in cloud-based software solutions for the life sciences industry. Its competitive advantages include deep industry expertise, a comprehensive product suite, and a strong customer base.

Total Addressable Market (TAM)

Estimated TAM for life sciences technology is over $20 billion. Veeva is well-positioned to capture a significant portion of this market, targeting digital transformation and operational efficiency within the sector.

Upturn SWOT Analysis

Strengths

  • Strong industry expertise
  • Comprehensive product suite
  • High customer retention rates
  • Scalable cloud-based platform
  • Established brand reputation

Weaknesses

  • Reliance on the life sciences industry
  • Potential for vendor lock-in
  • High product pricing
  • Slower to adopt AI

Opportunities

  • Expanding into new geographies
  • Developing new products and services
  • Acquiring complementary businesses
  • Leveraging AI and machine learning
  • Increased adoption of cloud solutions

Threats

  • Competition from larger software vendors
  • Regulatory changes
  • Economic downturns
  • Data security breaches
  • Rapid technological advancements

Competitors and Market Share

competitor logo Key Competitors

  • CRM
  • ADSK
  • IQV

Competitive Landscape

Veeva has a strong advantage in the life sciences industry due to its specialized product suite and deep industry knowledge. However, larger software vendors such as Salesforce and Oracle pose a significant competitive threat.

Major Acquisitions

Crossix Solutions

  • Year: 2019
  • Acquisition Price (USD millions): 430
  • Strategic Rationale: Expanded Veeva's data and analytics capabilities to help life sciences companies improve their commercial effectiveness.

Growth Trajectory and Initiatives

Historical Growth: Veeva has experienced significant revenue growth due to the increasing demand for cloud-based solutions in the life sciences industry.

Future Projections: Analysts project continued revenue growth for Veeva driven by new product releases, expansion into new markets, and increased adoption of its existing products.

Recent Initiatives: Veeva has recently launched new products focused on AI and data analytics. It has also expanded its services to support virtual clinical trials and data management.

Summary

Veeva is a strong company with a leading position in the life sciences software market. It benefits from high customer retention, a comprehensive product suite, and a growing market. However, it faces competition from larger software vendors and must adapt to changing regulatory requirements and technological advancements.

Similar Companies

  • CRM
  • ADSK
  • CDAY
  • MSFT

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be based on individual research and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Veeva Systems Inc Class A

Exchange NYSE
Headquaters Pleasanton, CA, United States
IPO Launch date 2013-10-16
Founder, CEO & Director Mr. Peter P. Gassner
Sector Healthcare
Industry Health Information Services
Full time employees 7291
Full time employees 7291

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides source of medical content across multiple channels and geographies; Veeva PromoMats, an end-to-end content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also provides Veeva Data Cloud consisting of Veeva OpenData, a customer reference data solution; Veeva Link, which provides deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse that provides access and multichannel engagement metrics. In addition, the company offers Veeva Development Cloud consisting of Veeva Clinical Platform, which advances clinical trial execution; Veeva Clinical Data Management that helps sponsors and CROs design and run trials; Veeva Safety, which unifies systems and processes; and Veeva RIM that provides regulatory information management capabilities; as well as Veeva Quality Cloud, which is used by the life sciences and consumer products industries; and Veeva Business Consulting services. Further, it provides professional and support services, including implementation and deployment planning, and project management; requirements analysis, solution design, and configuration; systems environment management and deployment; services focused on advancing or transforming business and operating processes; technical consulting services on data migration and systems integrations; training; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

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