Veeva Announces Fourth Quarter and Fiscal Year 2022 Results

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CFRA Upgrades Veeva Systems (VEEV) to Buy Amid Sell-Off

March 3, 2022 11:09 AM EST

CFRA upgraded Veeva Systems (NYSE: VEEV) from Hold to Buy.

The analyst commented, "Following a steep sell-off after VEEV reiterated a slower FY 23 sales outlook, we upgrade our view to Buy from Hold, as we already anticipated challenges with higher wages and... More

Veeva Systems (VEEV) PT Lowered to $250 at FBN Securities, 'Attractive on Pullback'

March 3, 2022 10:47 AM EST

FBN Securities analyst Shebly Seyrafi lowered the price target on Veeva Systems (NYSE: VEEV) to $250.00 (from $320.00) while maintaining a Outperform rating.

"VEEVAttractive Valuation After the Pull-Back"... More

Veeva Systems (VEEV) PT Lowered to $270 at Needham & Company

March 3, 2022 6:33 AM EST

Needham & Company analyst Ryan MacDonald lowered the price target on Veeva Systems (NYSE: VEEV) to $270.00 (from $327.00) while maintaining a Buy rating following results, saying a larger R&D opportunity make FY23 back-half weighted.

The analyst commented, "We reiterate our Buy rating, while... More

Veeva Systems (VEEV) Tops Q4 EPS by 2c

March 2, 2022 4:07 PM EST

Veeva Systems (NYSE: VEEV) reported Q4 EPS of $0.90, $0.02 better than the analyst estimate of $0.88. Revenue for the quarter came in at $485.5 million versus the consensus estimate of $480.2 million.

GUIDANCE:

Veeva Systems sees Q1 2023 EPS of $0.91-$0.92, versus the consensus of... More