Added to YB: 2026-05-04
Pitch date: 2026-04-30
VEEV [bullish]
Veeva Systems Inc.
-1.39%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
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
$25.8B
Pitch Price
$174.02
Price Target
200.00 (+28%)
Dividend
N/A
EV/EBITDA
19.34
P/E
29.08
EV/Sales
6.06
Sector
Health Care Technology
Category
growth
$VEEV Quick Pitch
VEEV: Cloud SaaS for pharma/biotech w/ ~80% market share. Q1 rev $759M (+17% YoY), subscription $635M (+19%), driven by R&D Cloud digitization. Net income $244M (+25%). 77% gross margin, 95%+ on subscription, Rule of 40+ execution. Vault CRM migration: 80+ clients, targeting 200. AI copilot rolling out. DCF: $166 intrinsic value vs $158 current. PT $200 assumes 15%+ growth, 40%+ FCF margin thru FY28. Risks: Salesforce competition, biotech slowdown, execution on AI/Vault. Compelling entry ~$130.
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