Professional
Added to YB: 2024-07-25
Pitch date: 2024-07-13
VEEV [bullish]
Veeva Systems Inc.
-2.22%
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
$29.8B
Pitch Price
$186.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
24.57
P/E
35.33
EV/Sales
7.55
Sector
Health Care Technology
Category
growth
Ensemble Capital Management Portfolio Holding: Veeva Systems Inc.
VEEV: Life sciences software leader; 94% biopharma rev, 80% subscription. CRM dominance, expanding R&D solutions. $20B TAM, 12% penetrated. Strong financials: high margins, 94% recurring rev. Headwinds: biopharma spend, AI eval. Moat: integrated platform, industry focus. Growth drivers: upselling, SMB expansion, AI potential. Risks: competition, customer spending slowdown.
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