# Veeva Systems Inc. – Consensus ‘buy’ rating and 23.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/veeva-systems-inc.consensus-buy-rating-and-23.0-upside-potential/4121134828
- Published: 2023-12-01T13:15:31+00:00
- Author: Charlotte Edwards

**Veeva Systems Inc.** with ticker code (VEEV) now have 24 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $265.00 and $160.00 with the
average target price sitting at $213.29. Given that the stocks previous close was
at $173.36 and the analysts are correct then we can expect a percentage increase
in value of 23.0%. Also worth taking note is the 50 day moving average now sits 
at $193.59 and the 200 moving average now moves to $188.80. The total market capitalization
for the company now stands at 28.00B. The stock price for the company is currently
$174.31 USD

 The potential market cap would be $34,454,094,071 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 52.66, revenue per share of $14.12
and a 5.3% return on assets.

Veeva Systems Inc. is a provider of industry cloud solutions for the global life
sciences industry. The Company’s offerings span cloud software, data, and business
consulting and are designed to meet the needs of its customers and their most strategic
business functions from research and development (R&D) to commercialization. The
Company’s industry cloud solutions for the life sciences industry are grouped into
two major product families: Veeva Development Cloud and Veeva Commercial Cloud. 
Veeva Development Cloud includes application suites for the clinical, regulatory,
and safety functions of life sciences companies, all built on its proprietary Veeva
Vault platform. Veeva Commercial Cloud includes solutions for the sales, medical
affairs, and marketing functions of a life sciences company. Its software offerings
include Veeva CRM, Veeva Vault PromoMats, Veeva Vault Medical, and Veeva Crossix.
Its data offerings include Veeva OpenData, Veeva Link, and Veeva Compass.

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