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NYSE: VEEV
Veeva Systems Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for VEEV

Based on 11 analysts offering 12 month price targets for Veeva Systems Inc.
Min Forecast
$282.00+7.48%
Avg Forecast
$333.09+26.95%
Max Forecast
$400.00+52.46%

Should I buy or sell VEEV stock?

Based on 11 analysts offering ratings for Veeva Systems Inc.
Buy
Strong Buy
4 analysts 36.36%
Buy
3 analysts 27.27%
Hold
3 analysts 27.27%
Sell
0 analysts 0%
Strong Sell
1 analysts 9.09%

VEEV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Top 6%
95
HoldMaintains$290.00+10.53%2021-12-02
Needham
Top 4%
97
BuyMaintains$327.00+24.63%2021-12-02
SVB Leerink
Top 33%
68
HoldMaintains$282.00+7.48%2021-12-02
JMP Securities
Bottom 4%
4
BuyMaintains$345.00+31.49%2021-09-02
RBC Capital
Top 43%
58
BuyInitiates Coverage On$400.00+52.46%2021-07-21
Citigroup
Top 11%
90
Strong BuyMaintains$340.00+29.59%2021-05-28
Barclays
Top 12%
89
HoldMaintains$320.00+21.97%2021-05-28
Morgan Stanley
Top 2%
99
Strong BuyMaintains$350.00+33.40%2021-05-28
Piper Sandler
Top 1%
100
Strong BuyMaintains$360.00+37.21%2021-05-28
KeyBanc
Top 9%
92
Strong BuyMaintains$353.00+34.54%2021-02-17

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Forecast return on equity

Is VEEV forecast to generate an efficient return?
Company
18.88%
Industry
10.62%
Market
37.06%
VEEV's Return on Equity is forecast to be low in 3 years (18.88%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is VEEV forecast to generate an efficient return on assets?
Company
15.52%
Industry
7.19%
VEEV is forecast to generate higher Return on Assets (15.52%) than the US Health Information Services industry average (7.19%)
Forecast

VEEV earnings per share forecast

What is VEEV's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$2.47-13.03%
Avg 2 year Forecast
$2.86+0.7%
Avg 3 year Forecast
$3.40+19.72%
VEEV's earnings are forecast to grow at a rate of 5.65% per year, which is not exceptional
Forecast

VEEV revenue forecast

What is VEEV's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.8B+4.74%
Avg 2 year Forecast
$2.2B+23.14%
Avg 3 year Forecast
$2.5B+44.55%
VEEV's revenue is forecast to grow at a rate of 12.92% per year, which is not exceptional
Forecast

VEEV earnings growth forecast

How is VEEV forecast to perform vs Health Information Services companies and vs the US market?
Company
5.65%
Industry
14.22%
Market
14.37%
VEEV's earnings are forecast to grow slower (5.65% per year) than the US Health Information Services industry average (14.22%)
Forecast
VEEV's earnings are forecast to grow slower (5.65% per year) than the US market average (14.37%)
Forecast
VEEV's earnings are forecast to grow faster (5.65% per year) than the risk-free savings rate (1.4%)
Forecast

VEEV revenue growth forecast

How is VEEV forecast to perform vs Health Information Services companies and vs the US market?
Company
12.92%
Industry
15.46%
Market
10.03%
VEEV's revenues are forecast to grow slower (12.92% per year) than the US Health Information Services industry average (15.46%)
Forecast
VEEV's revenues are forecast to grow faster (12.92% per year) than the US market average (10.03%)
Forecast

Veeva Systems Stock Forecast FAQ

Is Veeva Systems Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: VEEV) stock is to Buy VEEV stock.

Out of 11 analysts, 4 (36.36%) are recommending VEEV as a Strong Buy, 3 (27.27%) are recommending VEEV as a Buy, 3 (27.27%) are recommending VEEV as a Hold, 0 (0%) are recommending VEEV as a Sell, and 1 (9.09%) are recommending VEEV as a Strong Sell.

What is VEEV's earnings growth forecast for 2022-2024?

(NYSE: VEEV) Veeva Systems's forecast annual earnings growth rate of 5.65% is not forecast to beat the US Health Information Services industry's average forecast earnings growth rate of 14.22%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Veeva Systems's earnings in 2021 is $433,212,000.On average, 6 Wall Street analysts forecast VEEV's earnings for 2022 to be $379,797,557, with the lowest VEEV earnings forecast at $372,109,347, and the highest VEEV earnings forecast at $392,098,692. On average, 5 Wall Street analysts forecast VEEV's earnings for 2023 to be $439,765,592, with the lowest VEEV earnings forecast at $385,948,124, and the highest VEEV earnings forecast at $488,970,134.

In 2024, VEEV is forecast to generate $522,798,256 in earnings, with the lowest earnings forecast at $435,152,666 and the highest earnings forecast at $611,981,488.

What is VEEV's revenue growth forecast for 2022-2024?

(NYSE: VEEV) Veeva Systems's forecast annual revenue growth rate of 12.92% is not forecast to beat the US Health Information Services industry's average forecast revenue growth rate of 15.46%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Veeva Systems's revenue in 2021 is $1,762,039,000.On average, 8 Wall Street analysts forecast VEEV's revenue for 2022 to be $283,768,896,662, with the lowest VEEV revenue forecast at $283,556,548,311, and the highest VEEV revenue forecast at $284,940,426,048. On average, 8 Wall Street analysts forecast VEEV's revenue for 2023 to be $333,632,164,225, with the lowest VEEV revenue forecast at $330,308,858,721, and the highest VEEV revenue forecast at $342,355,975,715.

In 2024, VEEV is forecast to generate $391,654,006,104 in revenue, with the lowest revenue forecast at $385,703,485,599 and the highest revenue forecast at $407,444,358,611.

What is VEEV's forecast return on assets (ROA) for 2022-2024?

(NYSE: VEEV) forecast ROA is 15.52%, which is higher than the forecast US Health Information Services industry average of 7.19%.

What is VEEV's Price Target?

According to 11 Wall Street analysts that have issued a 1 year VEEV price target, the average VEEV price target is $333.09, with the highest VEEV stock price forecast at $400.00 and the lowest VEEV stock price forecast at $282.00.

On average, Wall Street analysts predict that Veeva Systems's share price could stay at $333.09 by Dec 2, 2022. The average Veeva Systems stock price prediction forecasts a potential downside of N/A from the current VEEV share price of $262.37.

What is VEEV's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: VEEV) Veeva Systems's current Earnings Per Share (EPS) is $2.84. On average, analysts forecast that VEEV's EPS will be $2.47 for 2022, with the lowest EPS forecast at $2.42, and the highest EPS forecast at $2.55. On average, analysts forecast that VEEV's EPS will be $2.86 for 2023, with the lowest EPS forecast at $2.51, and the highest EPS forecast at $3.18. In 2024, VEEV's EPS is forecast to hit $3.40 (min: $2.83, max: $3.98).

What is VEEV's forecast return on equity (ROE) for 2022-2024?

(NYSE: VEEV) forecast ROE is 18.88%, which is considered weak.
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