Veeva Systems Inc (NYSE: VEEV) – Not A Clear Buying Opportunity?

Veeva Systems Inc (VEEV) concluded trading on Thursday at a closing price of $279.04, with 6.13 million shares of worth about $1.71 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.84% during that period and on May 29, 2025 the price saw a gain of about 19.00%. Currently the company’s common shares owned by public are about 162.95M shares, out of which, 148.89M shares are available for trading.

Stock saw a price change of 18.74% in past 5 days and over the past one month there was a price change of 20.46%. Year-to-date (YTD), VEEV shares are showing a performance of 32.72% which increased to 36.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $170.25 but also hit the highest price of $258.93 during that period. The average intraday trading volume for Veeva Systems Inc shares is 1.35 million. The stock is currently trading 16.36% above its 20-day simple moving average (SMA20), while that difference is up 20.70% for SMA50 and it goes to 25.45% higher than SMA200.

Veeva Systems Inc (NYSE: VEEV) currently have 162.95M outstanding shares and institutions hold larger chunk of about 83.21% of that.

The stock has a current market capitalization of $45.47B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 59.16, while it has posted earnings per share of $4.72 in the same period. Its PEG reads 4.26 and has Quick Ratio of 4.51 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VEEV, volatility over the week remained 8.92% while standing at 4.11% over the month.

Stock’s fiscal year EPS is expected to rise by 15.31% while it is estimated to increase by 8.87% in next year. EPS is likely to shrink at an annualized rate of 13.89% for next 5-years, compared to annual growth of 17.84% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on May 29, 2025 offering a Buy rating for the stock and assigned a target price range of between $270 and $300 to it. Coverage by Goldman stated Veeva Systems Inc (VEEV) stock as a Sell in their note to investors on January 23, 2025, suggesting a price target of $200 for the stock. On December 20, 2024, Stephens Initiated their recommendations, while on December 04, 2024, Mizuho Initiated their ratings for the stock with a price target of $275. Stock get a Sector perform rating from Scotiabank on November 19, 2024.

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