Veeva Systems (VEEV) Projected to Release Earnings on Wednesday

Veeva Systems (NYSE:VEEV) is projected to release its Q2 2027 results after the market closes on Wednesday, August 26th. Analysts expect the company to announce earnings of $2.22 per share and revenue of $905.38 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. Investors may review the information on the company’s upcoming Q2 2027 earning report for the latest details on the call scheduled for Wednesday, August 26, 2026 at 5:00 PM ET.

Veeva Systems (NYSE:VEEV) last posted its earnings results on Wednesday, June 3rd. The technology company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.10. The business had revenue of $882.95 million for the quarter, compared to the consensus estimate of $857.73 million. Veeva Systems had a net margin of 28.37% and a return on equity of 13.72%. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.97 EPS. 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 Stock Up 0.1%

Shares of VEEV stock opened at $248.26 on Monday. The company’s 50 day moving average is $198.19 and its 200 day moving average is $181.80. The firm has a market cap of $40.33 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 1.07 and a beta of 0.92. Veeva Systems has a 52-week low of $148.05 and a 52-week high of $310.50.

Insiders Place Their Bets

In other Veeva Systems news, insider Thomas D. Schwenger sold 36,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 19,449 shares of the company’s stock, valued at approximately $4,866,723.27. The trade was a 64.92% decrease in their ownership of the stock. The sale 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

Several institutional investors have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Veeva Systems during the third quarter valued at $45,000. J.Safra Asset Management Corp raised its position in shares of Veeva Systems by 2,940.0% in the fourth quarter. J.Safra Asset Management Corp now owns 152 shares of the technology company’s stock worth $34,000 after acquiring an additional 147 shares during the period. Raiffeisen Bank International AG raised its position in shares of Veeva Systems by 59.8% in the fourth quarter. Raiffeisen Bank International AG now owns 155 shares of the technology company’s stock worth $35,000 after acquiring an additional 58 shares during the period. Rakuten Securities Inc. boosted its stake in shares of Veeva Systems by 56.7% during the 2nd quarter. Rakuten Securities Inc. now owns 163 shares of the technology company’s stock worth $47,000 after acquiring an additional 59 shares in the last quarter. Finally, Palisade Asset Management LLC purchased a new stake in shares of Veeva Systems during the 3rd quarter worth about $66,000. 88.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. TD Cowen reaffirmed a “buy” rating on shares of Veeva Systems in a research report on Thursday, June 4th. Piper Sandler cut their price target on shares of Veeva Systems from $285.00 to $235.00 and set an “overweight” rating on the stock in a research note on Thursday, June 4th. Wells Fargo & Company raised their price objective on Veeva Systems from $317.00 to $320.00 and gave the stock an “overweight” rating in a research note on Thursday, June 4th. Citigroup lifted their price objective on shares of Veeva Systems from $176.00 to $190.00 and gave the company a “neutral” rating in a research note on Thursday, June 4th. Finally, Robert W. Baird increased their price objective on shares of Veeva Systems from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, June 4th. Nineteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Veeva Systems has a consensus rating of “Moderate Buy” and a consensus price target of $255.58.

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.