Veeva Systems (NYSE:VEEV) Releases Q1 2026 Earnings Guidance

Veeva Systems (NYSE:VEEV) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.740-1.750 for the period, compared to the consensus EPS estimate of 1.620. The company issued revenue guidance of $726.0 million-$729.0 million, compared to the consensus revenue estimate of $725.8 million. Veeva Systems also updated its FY 2026 guidance to 7.320-7.320 EPS.

Analyst Ratings Changes

A number of research analysts have recently commented on VEEV shares. StockNews.com upgraded shares of Veeva Systems from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. Piper Sandler boosted their target price on Veeva Systems from $280.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Bank of America raised their price target on Veeva Systems from $280.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Needham & Company LLC restated a “buy” rating and issued a $270.00 price objective on shares of Veeva Systems in a research report on Friday, January 17th. Finally, The Goldman Sachs Group downgraded shares of Veeva Systems from a “buy” rating to a “sell” rating and lowered their target price for the company from $261.00 to $200.00 in a research note on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, Veeva Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.48.

Veeva Systems Price Performance

Veeva Systems stock traded up $1.87 during trading hours on Wednesday, reaching $220.32. The company had a trading volume of 1,496,852 shares, compared to its average volume of 1,057,935. Veeva Systems has a 12-month low of $170.25 and a 12-month high of $258.93. The company has a 50-day moving average price of $223.76 and a 200 day moving average price of $219.53. The firm has a market cap of $35.77 billion, a price-to-earnings ratio of 54.40, a P/E/G ratio of 1.89 and a beta of 0.85.

Veeva Systems (NYSE:VEEV) last issued its earnings results on Wednesday, March 5th. The technology company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.39). Veeva Systems had a return on equity of 13.56% and a net margin of 25.07%. As a group, research analysts expect that Veeva Systems will post 4.35 earnings per share for the current year.

Veeva Systems Company Profile

Veeva Systems Inc provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States.