Veeva Systems (VEEV) is up 3.8% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to continued optimism after Veeva’s strong fiscal first-quarter report in June, which topped guidance and included a higher full-year outlook. Shares may also be getting support from growing interest in the company’s AI roadmap, Vault CRM adoption, and a recent positive analyst rating change ahead of the next earnings setup.
Details:
Veeva’s fiscal first-quarter revenue rose 16% year over year to about $883 million, while non-GAAP EPS reached $2.24, both ahead of the company’s prior expectations.Management raised fiscal 2027 revenue guidance to $3.635 billion to $3.645 billion and lifted its full-year non-GAAP EPS outlook to about $9.05.The company said it added 27 new Vault CRM customers in the quarter and now has more than 150 customers live, reinforcing demand for its next-generation commercial platform.Veeva has also been expanding its AI story through Vault AI and the Ostro acquisition, while a late-July analyst upgrade may have added momentum. This could be because investors are positioning for another solid quarter.Sources:
Veeva Systems Investor Relations, Veeva, MarketBeat
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$VEEV Insider Trading Activity
$VEEV insiders have traded $VEEV stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $VEEV stock by insiders over the last 6 months:
- THOMAS D. SCHWENGER (Pres. & Chief Customer Officer) has made 0 purchases and 2 sales selling 6,000 shares for an estimated $1,200,000.
- PRISCILLA HUNG has made 0 purchases and 2 sales selling 1,500 shares for an estimated $231,855.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$VEEV Hedge Fund Activity
We have seen 511 institutional investors add shares of $VEEV stock to their portfolio, and 538 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 2,897,025 shares (-52.6%) from their portfolio in Q1 2026, for an estimated $508,891,411
- LINONIA PARTNERSHIP LP added 2,124,608 shares (+75.9%) to their portfolio in Q1 2026, for an estimated $373,208,641
- TWO SIGMA INVESTMENTS, LP added 1,420,527 shares (+352.1%) to their portfolio in Q1 2026, for an estimated $249,529,772
- STOCKBRIDGE PARTNERS LLC removed 1,302,898 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $228,867,062
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,203,059 shares (+144.9%) to their portfolio in Q1 2026, for an estimated $211,329,343
- HOLOCENE ADVISORS, LP removed 1,040,722 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $182,813,226
- DURABLE CAPITAL PARTNERS LP removed 951,896 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $167,210,051
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$VEEV Analyst Ratings
Wall Street analysts have issued reports on $VEEV in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 06/04/2026
- Needham issued a "Buy" rating on 06/04/2026
- Piper Sandler issued a "Overweight" rating on 06/04/2026
To track analyst ratings and price targets for $VEEV, check out Quiver Quantitative's $VEEV forecast page.
$VEEV Price Targets
Multiple analysts have issued price targets for $VEEV recently. We have seen 20 analysts offer price targets for $VEEV in the last 6 months, with a median target of $235.0.
Here are some recent targets:
- David Larsen from BTIG set a target price of $340.0 on 06/04/2026
- Ryan MacDonald from Needham set a target price of $270.0 on 06/04/2026
- Ken Wong from Oppenheimer set a target price of $225.0 on 06/04/2026
- Gabriela Borges from Goldman Sachs set a target price of $165.0 on 06/04/2026
- Steven Valiquette from Mizuho set a target price of $270.0 on 06/04/2026
- Tyler Radke from Citigroup set a target price of $190.0 on 06/04/2026
- David Grossman from Stifel set a target price of $230.0 on 06/04/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Veeva Systems rises as investors build on strong guidance and AI product momentum
Veeva Systems (VEEV) is up 3.8% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to continued optimism after Veeva’s strong fiscal first-quarter report in June, which topped guidance and included a higher full-year outlook. Shares may also be getting support from growing interest in the company’s AI roadmap, Vault CRM adoption, and a recent positive analyst rating change ahead of the next earnings setup.
Details:
Sources:
Veeva Systems Investor Relations, Veeva, MarketBeat
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$VEEV Insider Trading Activity
$VEEV insiders have traded $VEEV stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $VEEV stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$VEEV Hedge Fund Activity
We have seen 511 institutional investors add shares of $VEEV stock to their portfolio, and 538 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$VEEV Analyst Ratings
Wall Street analysts have issued reports on $VEEV in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $VEEV, check out Quiver Quantitative's $VEEV forecast page.
$VEEV Price Targets
Multiple analysts have issued price targets for $VEEV recently. We have seen 20 analysts offer price targets for $VEEV in the last 6 months, with a median target of $235.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »