Veeva Systems Inc Class A logo

Veeva Systems Inc Class A(VEEV)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
3-STAR RATING
REGULAR BUY
BUY for 89 days
PROFIT SINCE LAST BUY
+58.18% ▲
LAST CLOSE
$303.73
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for VEEV

11/06/2026: VEEV (3-star) is a STRONG-BUY. BUY for 89 days. Simulated Profits (58.18%). Updated daily EoD!

Veeva Systems is a prominent provider of cloud-based software and data solutions tailored specifically for the global life sciences industry. Its core strengths include high customer retention, a deep vertical focus that creates meaningful switching costs, and a comprehensive platform covering the full product lifecycle. While the company is well-positioned for continued growth through platform expansion and new market entries, it faces risks related to the complex transition of its CRM platform and potential consolidation among its primary life sciences customers. Veeva generally appeals to growth investors who prioritize recurring revenue, though it may hold less appeal for value or dividend-focused investors given its current valuation and lack of payouts.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company's focus on recurring revenue and expansion into new areas aligns with growth investment criteria.
Momentum investorMixed fitMomentum fit is conditional on a positive market upturn signal for software stocks.
Value investorWeak fitVeeva often trades at a premium multiple reflective of its high growth and quality metrics, making it less suitable for traditional value investors.
Dividend investorWeak fitVeeva does not pay a dividend, focusing entirely on capital reinvestment.
Low-risk investorWeak fitThe stock can experience significant volatility characteristic of the high-growth software sector.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highTechnology stocks, particularly SaaS firms, are prone to valuation swings based on market sentiment.
Valuation riskMedium / highHigh multiples require consistent execution to avoid valuation compression.
Competition risk (Cloud Software)MediumThe entry of large tech incumbents into specialized verticals poses a persistent threat.
Business qualityStrongThe company maintains high recurring revenue and strong margins, indicating a high-quality business model.
Dividend incomeLow / noneInvestors seeking income will not find it in this growth-focused equity.
Execution riskMediumSuccessfully transitioning customers to new platforms, such as Vault CRM, requires significant operational execution.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 12.12%
Avg. Invested days 39
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
VEEV receives a 4-star rating, supported by strong unit economics, solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
VEEV has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and strong ownership. In FY2026 versus FY2025, solid earnings growth (+27.3%) supports the fundamentals score.

Financial Health Rating

★★★★★
VEEV's financial health is supported by strong cash strength, including free-cash-flow generation of $1.4B (43.4% of revenue). Operating efficiency is solid (4 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is VEEV's strongest growth driver at +29.6% FY2026 versus FY2025 (solid, 4 stars). Revenue growth (+16.3%, solid) and earnings growth (+27.3%, solid) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 92.6% and approximately 91.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 8.62% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.94%
Vanguard Capital Management, LLC 5.99%
Vanguard Portfolio Management, LLC 4.58%
State Street Corp 4.14%
AllianceBernstein L.P. 3.03%

Unit Economics (Per $1K Revenue)

★★★★★
VEEV generates approximately $755 of gross profit, $287 of operating income, and $434 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong margins and strong cash conversion support the rating, although capital efficiency remains moderate.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.91%

Quantitative Style Profile

★★★★★
VEEV has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

Quality TiltLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 49.18B USD
Price to earnings Ratio 49.79
1Y Target Price 319.93
Price to earnings Ratio 49.79
1Y Target Price 319.93
Volume (30-day avg) 1.5M shares
Beta 0.88
52 Weeks Range 148.05 - 325.99
Updated Date 11/08/2026
52 Weeks Range 148.05 - 325.99
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) 6.1

How Company Makes Money

Business areaWhat it includesRetail investor read
Subscription ServicesRecurring revenue from cloud software licenses for commercial and development platforms.This is the core, stable engine of the business providing recurring predictable cash flow.
Professional ServicesConsulting, implementation, and training services to help customers deploy and optimize software.This supports software adoption and helps build deeper, stickier customer relationships.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE 49.79
Forward PE 29.24
Enterprise Value 42.09B
Price to Sales(TTM) 14.22
Enterprise Value 42.09B
Price to Sales(TTM) 14.22
Enterprise Value to Revenue 12.17
Enterprise Value to EBITDA 39.14
Shares Outstanding 161.91M
Shares Floating 148.27M
Shares Outstanding 161.91M
Shares Floating 148.27M
Percent Insiders 8.62
Percent Institutions 92.58

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.