# Veeva Systems Inc. – Consensus ‘buy’ rating and 7.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/veeva-systems-inc.consensus-buy-rating-and-7.8-upside-potential/4121127864
- Published: 2023-09-20T13:30:17+01:00
- Author: Charlotte Edwards

**Veeva Systems Inc.** with ticker code (VEEV) have now 22 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between 250 and 181 with the average target
price sitting at $224.36. Given that the stocks previous close was at $208.19 and
the analysts are correct then we can expect a percentage increase in value of 7.8%.
The 50 day moving average now sits at $201.63 and the 200 moving average now moves
to $182.47. The total market capitalization for the company now stands at 33.66B.
The stock price is currently at: 209.51 USD

 The potential market cap would be $36,273,316,189 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 65.07, 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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