Veeva Systems (NYSE:VEEV) Issues Q1 2027 Earnings Guidance

Veeva Systems (NYSE:VEEV) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.130-2.14 for the period, compared to the consensus earnings per share estimate of 1.820. The company issued revenue guidance of $855.0 million-$858.0 million, compared to the consensus revenue estimate of $846.2 million. Veeva Systems also updated its FY 2027 guidance to 8.850- EPS.

Veeva Systems Stock Up 1.2%

NYSE:VEEV traded up $2.18 during midday trading on Wednesday, hitting $188.09. The stock had a trading volume of 3,324,500 shares, compared to its average volume of 2,219,080. The stock has a 50-day moving average of $205.28 and a 200 day moving average of $248.81. The company has a market capitalization of $30.92 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 1.25 and a beta of 1.09. Veeva Systems has a one year low of $168.13 and a one year high of $310.50.

Veeva Systems (NYSE:VEEV) last issued its earnings results on Wednesday, March 4th. The technology company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.14. The business had revenue of $835.95 million during the quarter, compared to analysts’ expectations of $810.95 million. Veeva Systems had a return on equity of 13.68% and a net margin of 27.93%.Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. On average, sell-side analysts anticipate that Veeva Systems will post 4.35 earnings per share for the current fiscal year.

Veeva Systems declared that its board has approved a share repurchase plan on Monday, January 5th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the technology company to buy up to 5.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

VEEV has been the subject of a number of recent research reports. Jefferies Financial Group reissued a “buy” rating and issued a $330.00 price objective on shares of Veeva Systems in a research note on Monday, November 24th. Oppenheimer dropped their target price on shares of Veeva Systems from $325.00 to $275.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. BTIG Research reissued a “buy” rating and issued a $340.00 price objective on shares of Veeva Systems in a report on Friday, November 21st. KeyCorp restated a “sector weight” rating on shares of Veeva Systems in a research note on Friday, December 12th. Finally, Barclays cut their price objective on shares of Veeva Systems from $305.00 to $250.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Veeva Systems currently has a consensus rating of “Moderate Buy” and an average target price of $293.71.

Insider Activity

In other news, insider Thomas D. Schwenger sold 1,000 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total transaction of $231,430.00. Following the sale, the insider directly owned 23,204 shares of the company’s stock, valued at $5,370,101.72. This represents a 4.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 10.30% of the stock is currently owned by insiders.

Key Headlines Impacting Veeva Systems

Here are the key news stories impacting Veeva Systems this week:

• Positive Sentiment: Veeva reported solid fiscal Q4 and FY2026 results: FY revenue of $3.195B (+16% YoY) and Q4 revenue of $836M (+16% YoY); subscription revenue growth of ~16–17% underscores recurring SaaS strength and predictable cashflow, supporting valuation. Veeva Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Product momentum: Veeva says 125+ customers are now live on Vault CRM (its next‑gen CRM) and is rolling out Veeva AI — adoption bolsters upsell/cross‑sell potential and supports subscription revenue growth. More Than 125 Customers Worldwide Live on Vault CRM as Veeva Accelerates the Industry’s Agentic Transformation
• Neutral Sentiment: Market positioning chatter: reports of elevated trading/positioning activity in Russell 1000 ETF could amplify intraday flows but are not fundamental. Watch ETF rebalancing as a technical driver. Veeva Systems Sparks Elevated Positioning Chatter In Russell 1000 ETF Today
• Neutral Sentiment: Analyst/press attention: several earnings previews and valuation pieces are prompting debate on whether current price represents a buying opportunity given recent volatility. These shape sentiment but not immediate fundamentals. Is It Time To Revisit Veeva Systems (VEEV) After Recent Share Price Swings?
• Negative Sentiment: Competition and management disclosures have raised concerns: coverage notes growing CRM competition and references to management acknowledging competitive losses, which pressured sentiment ahead of/around earnings. Monitor commentary on win rates and contract renewals in the conference call. Veeva Systems under pressure as earnings loom amid CRM competition
• Negative Sentiment: Stock pullbacks tied to investor letters and commentary: coverage noting retreats after disclosures (and mid‑cap style weakness) has weighed on near‑term sentiment; keep an eye on guidance vs. expectations for direction. Veeva Systems (VEEV) Retreated Following Management’s Competitive Losses Disclosure

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VEEV. J.Safra Asset Management Corp grew its position in shares of Veeva Systems by 2,940.0% in the fourth quarter. J.Safra Asset Management Corp now owns 152 shares of the technology company’s stock valued at $34,000 after purchasing an additional 147 shares in the last quarter. Raiffeisen Bank International AG boosted its stake in Veeva Systems by 59.8% during the fourth quarter. Raiffeisen Bank International AG now owns 155 shares of the technology company’s stock worth $35,000 after buying an additional 58 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Veeva Systems in the 3rd quarter valued at $45,000. Rakuten Securities Inc. grew its holdings in Veeva Systems by 56.7% in the 2nd quarter. Rakuten Securities Inc. now owns 163 shares of the technology company’s stock valued at $47,000 after buying an additional 59 shares in the last quarter. Finally, Palisade Asset Management LLC acquired a new stake in shares of Veeva Systems in the 3rd quarter worth $66,000. Hedge funds and other institutional investors own 88.20% of the company’s stock.

About Veeva Systems

Veeva Systems (NYSE: VEEV) is a cloud software company that develops industry-specific applications and data solutions for the global life sciences sector. Founded in 2007 and headquartered in Pleasanton, California, Veeva focuses on helping pharmaceutical, biotechnology, medical device and consumer health companies manage regulated content, clinical and regulatory processes, quality systems, and commercial operations in a compliant, cloud-native environment. The company completed its initial public offering in 2013 and has since expanded its product suite and international footprint.

Veeva’s product portfolio centers on its Vault platform and related application suites, which provide content and data management, clinical trial and regulatory workflows, quality management, and structured commercial capabilities such as customer relationship management and promotional content management.