# Veeva Systems Inc. – Consensus ‘buy’ rating and 23.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/veeva-systems-inc.consensus-buy-rating-and-23.7-upside-potential/4121132970
- Published: 2023-11-16T14:41:33+00:00
- Author: Charlotte Edwards

**Veeva Systems Inc.** which can be found using ticker (VEEV) now have 23 market
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $265.00 and $160.00 suggesting an average
Analsyt target price of $214.61. Given that the stocks previous close was at $173.45
this now indicates there is a potential upside of 23.7%. There is a 50 day moving
average of $200.69 and the 200 moving average now moves to $188.77. The company 
has a market cap of 28.40B. The current share price for the company is: $176.78 
USD

 The potential market cap would be $35,140,320,558 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 53.25, 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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