Jefferies Financial Group Forecasts Strong Price Appreciation for Veeva Systems (NYSE:VEEV) Stock

Posted by George Bondi on Nov 6th, 2026

Veeva Systems (NYSE:VEEV – Get Free Report) had its target price hoisted by investment analysts at Jefferies Financial Group from $295.00 to $375.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group‘s price objective would indicate a potential upside of 23.26% from the company’s previous close.

A number of other research firms have also issued reports on VEEV. TD Cowen raised their price target on shares of Veeva Systems from $235.00 to $283.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Stifel Nicolaus set a $300.00 price objective on shares of Veeva Systems in a report on Thursday, August 27th. Evercore increased their price objective on shares of Veeva Systems from $185.00 to $250.00 in a research note on Thursday, October 8th. Morgan Stanley raised their target price on shares of Veeva Systems from $215.00 to $275.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. Finally, Wall Street Zen raised shares of Veeva Systems from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Nineteen research 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $309.08.

Read Our Latest Report on VEEV

Veeva Systems Stock Performance

Shares of NYSE VEEV traded down $5.87 during mid-day trading on Friday, hitting $304.23. The stock had a trading volume of 1,746,403 shares, compared to its average volume of 2,269,820. The firm has a market cap of $49.26 billion, a PE ratio of 50.04, a PEG ratio of 1.33 and a beta of 0.89. The company has a 50 day moving average of $289.24 and a two-hundred day moving average of $211.95. Veeva Systems has a twelve month low of $148.05 and a twelve month high of $325.99.

Veeva Systems (NYSE:VEEV – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The technology company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.12. Veeva Systems had a return on equity of 14.25% and a net margin of 29.34%. The business had revenue of $927.96 million for the quarter, compared to the consensus estimate of $905.38 million. During the same quarter in the previous year, the business earned $1.99 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. Veeva Systems has set its FY 2027 guidance at 9.210-9.210 EPS and its Q3 2027 guidance at 2.330-2.340 EPS. Equities research analysts predict that Veeva Systems will post 6.70 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Jonathan Faddis sold 5,198 shares of the business’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $299.72, for a total value of $1,557,944.56. Following the completion of the sale, the senior vice president owned 4,130 shares of the company’s stock, valued at approximately $1,237,843.60. The trade was a 55.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Priscilla Hung sold 750 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $261.04, for a total transaction of $195,780.00. Following the transaction, the director owned 3,242 shares of the company’s stock, valued at $846,291.68. This represents a 18.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 56,789 shares of company stock valued at $14,913,889. Corporate insiders own 10.60% of the company’s stock.

Institutional Trading of Veeva Systems

Several institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in Veeva Systems by 7.0% in the first quarter. Principal Financial Group Inc. now owns 4,141,545 shares of the technology company’s stock worth $727,513,000 after acquiring an additional 271,252 shares during the last quarter. Aberdeen Group plc lifted its stake in Veeva Systems by 1,513.8% during the third quarter. Aberdeen Group plc now owns 2,029,943 shares of the technology company’s stock worth $579,447,000 after purchasing an additional 1,904,153 shares during the last quarter. Amundi boosted its holdings in Veeva Systems by 8.0% in the first quarter. Amundi now owns 992,977 shares of the technology company’s stock valued at $174,426,000 after purchasing an additional 73,510 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Veeva Systems by 203.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 913,281 shares of the technology company’s stock valued at $160,427,000 after buying an additional 611,868 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in Veeva Systems by 2.7% in the first quarter. Royal Bank of Canada now owns 870,281 shares of the technology company’s stock valued at $152,873,000 after acquiring an additional 23,117 shares in the last quarter. Institutional investors and hedge funds own 88.20% of the company’s stock.

Veeva Systems News Summary

Here are the key news stories impacting Veeva Systems this week:

Positive Sentiment: Royal Bank of Canada raised its price target to $365 from $325 and reiterated an “outperform” rating, implying about 20% upside from the cited $304.23 share price. Royal Bank of Canada recommendations
Positive Sentiment: Needham raised its target to $360 from $310 and maintained a “buy” rating, citing about 18% potential upside from $304.23. Needham recommendations
Positive Sentiment: Stifel lifted its price target to $340 from $300, adding to the wave of upward target revisions. Stifel raises Veeva price target
Positive Sentiment: UCB selected Veeva Vault CRM as a core platform for its commercial operations and plans to use industry-specific AI for product launches and customer engagement. The deal supports Veeva’s positioning as a specialized technology provider for life sciences companies. Veeva becomes core CRM choice for major biopharma AI rollout

About Veeva Systems

(Get Free Report)

Veeva Systems Inc is a cloud software company that develops technology for the life sciences industry. Its customers include pharmaceutical, biotechnology, medical device and other healthcare companies that use Veeva’s applications to manage commercial, clinical, regulatory, quality and operational processes.

The company’s Veeva Vault platform provides cloud applications for areas such as clinical data management, electronic trial management, regulatory information, quality management, safety and content management.