Added to YB: 2024-04-02
Pitch date: 2023-12-31
VEEV [bullish]
Veeva Systems Inc.
+16.79%
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
$191.16
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
The Brown Capital Management Mid Company Fund Portfolio Holding: Veeva Systems Inc.
VEEV: Leading cloud software for pharma. Q4 guide cut on macro headwinds, services deferrals concerning. Long-term upside via new life sci marketing, data platform challenging IQVIA, fully insourced CRM. TAM expanded to $20B. Near-term double-digit growth, margin expansion as investments moderate.
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