Professional
Added to YB: 2025-05-09
Pitch date: 2025-03-31
VEEV [neutral]
Veeva Systems Inc.
-2.07%
current return
Author Info
No bio for this author
Company Info
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.
Market Cap
$37.7B
Pitch Price
$227.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.89
P/E
44.67
EV/Sales
10.10
Sector
Health Care Technology
Category
growth
Baron Fifth Avenue Growth Fund Portfolio Holding: Veeva Systems Inc.
VEEV (holding update): Cloud platform for life sciences beat estimates despite pharma regulatory concerns. Key wins include major subscription deal, strong adoption across all product verticals, and confidence in CRM transition from Salesforce to in-house despite one client loss. Growth runway extended via Data cloud opportunity and early AI traction.
Read full article (1 min)