Veeva Systems (VEEV) Expected to Release Quarterly Earnings on Wednesday

Veeva Systems (NYSE:VEEV) is expected to be posting its Q2 2027 results after the market closes on Wednesday, August 26th. Analysts expect Veeva Systems to announce earnings of $2.22 per share and revenue of $905.3810 million for the quarter. Veeva Systems has set its FY 2027 guidance at 9.050-9.050 EPS and its Q2 2027 guidance at 2.210-2.220 EPS. Parties can check the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 5:00 PM ET.

Veeva Systems (NYSE:VEEV) last announced its quarterly earnings data on Wednesday, June 3rd. The technology company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.10. Veeva Systems had a return on equity of 13.72% and a net margin of 28.37%.The business had revenue of $882.95 million for the quarter, compared to analysts’ expectations of $857.73 million. During the same period last year, the firm earned $1.97 earnings per share. The company’s revenue for the quarter was up 16.3% compared to the same quarter last year. On average, analysts expect Veeva Systems to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Veeva Systems Price Performance

VEEV opened at $248.48 on Tuesday. Veeva Systems has a 12 month low of $148.05 and a 12 month high of $310.50. The stock has a market capitalization of $40.36 billion, a price-to-earnings ratio of 44.29, a PEG ratio of 1.07 and a beta of 0.92. The business has a fifty day moving average price of $199.92 and a 200 day moving average price of $182.21.

Insider Activity

In other news, insider Thomas D. Schwenger sold 36,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $250.23, for a total value of $9,008,280.00. Following the transaction, the insider owned 19,449 shares in the company, valued at approximately $4,866,723.27. This represents a 64.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 10.60% of the company’s stock.

Hedge Funds Weigh In On Veeva Systems

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. raised its holdings in Veeva Systems by 12.5% during the fourth quarter. Invesco Ltd. now owns 323,302 shares of the technology company’s stock worth $72,171,000 after purchasing an additional 35,832 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of Veeva Systems by 33.4% during the 4th quarter. Corient Private Wealth LLC now owns 196,746 shares of the technology company’s stock worth $43,920,000 after buying an additional 49,279 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Veeva Systems in the 4th quarter valued at $942,000. Coastal Bridge Advisors LLC boosted its holdings in shares of Veeva Systems by 47.3% in the 4th quarter. Coastal Bridge Advisors LLC now owns 1,022 shares of the technology company’s stock valued at $228,000 after buying an additional 328 shares in the last quarter. Finally, Cim LLC grew its position in shares of Veeva Systems by 2.6% in the 4th quarter. Cim LLC now owns 5,712 shares of the technology company’s stock valued at $1,275,000 after buying an additional 146 shares during the last quarter. 88.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VEEV. BNP Paribas Exane reiterated an “outperform” rating and issued a $285.00 price objective on shares of Veeva Systems in a research note on Thursday, June 4th. The Goldman Sachs Group cut their target price on shares of Veeva Systems from $190.00 to $165.00 and set a “sell” rating on the stock in a research note on Thursday, June 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $270.00 target price on shares of Veeva Systems in a report on Monday. TD Cowen reiterated a “buy” rating on shares of Veeva Systems in a research note on Monday. Finally, Barclays boosted their price target on shares of Veeva Systems from $235.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Nineteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $258.08.

Veeva Systems Company Profile

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.