<- Go home

Added to YB: 2024-06-26

Pitch date: 2024-06-23

VEEV [bullish]

Veeva Systems Inc.

+20.89%

current return

Author Info

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

$184.68

Price Target

330.00 (+48%)

Dividend

N/A

EV/EBITDA

32.89

P/E

44.67

EV/Sales

10.10

Sector

Health Care Technology

Category

growth

Show full summary:
Veeva Stock: High-Quality Company at a Fair Price

VEEV: Life sciences cloud leader, 80% subscription rev, 72% gross margin. TAM $20B, 12% penetration. Shifting from Salesforce/Adobe to own platform by 2030. 1000+ customers, 50 largest = 2/3 rev. FY25: $2.7B rev (+15%), $1B+ op income. 45% FCF margin. $5B cash, no debt. PBC status. Target $330 by 2030.

Read full article (6 min)