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

Veeva Systems (NYSE:VEEV) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.740-1.750 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several research firms have weighed in on VEEV. Mizuho initiated coverage on shares of Veeva Systems in a research note on Wednesday, December 4th. They set an “outperform” rating and a $275.00 target price for the company. Evercore ISI boosted their price objective on shares of Veeva Systems from $220.00 to $245.00 and gave the company an “in-line” rating in a research report on Friday, December 6th. KeyCorp dropped their price objective on shares of Veeva Systems from $285.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Stifel Nicolaus lifted their target price on Veeva Systems from $240.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, Scotiabank upped their price objective on Veeva Systems from $235.00 to $240.00 and gave the stock a “sector perform” rating in a research note on Friday, December 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $254.80.

Veeva Systems Price Performance

Shares of VEEV opened at $233.79 on Thursday. The firm’s 50 day moving average is $223.82 and its 200-day moving average is $219.54. Veeva Systems has a 12-month low of $170.25 and a 12-month high of $258.93. The stock has a market capitalization of $37.95 billion, a P/E ratio of 57.72, a P/E/G ratio of 1.89 and a beta of 0.85.

About Veeva Systems

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.