79/100BVeeva Systems stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Veeva Systems is 300.50, 1.1% below the current price of 303.85. Their targets range from 165.00 to 375.00.
Of the 23 firms that rated Veeva Systems in the past 12 months, 15 rate it buy or strong buy, 7 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 165.00 to 375.00, with an average of 300.50.
| Buy | 15 | |
| Hold | 7 | |
| Sell | 1 |
12-month price target
| Highest target | 375.00 |
| Average target | 300.50 |
| Lowest target | 165.00 |
| Current price | 303.85 |
Veeva Systems price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Veeva Systems price target and rating?
How analysts rate Veeva Systems, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
15 of 23 firms rate it buy now, against 14 of 22 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Veeva Systems analyst upgrades, downgrades and price targets
The latest rating change came on 10 April 2026, when Citigroup downgraded Veeva Systems from Buy to Neutral. The most recent new target came from Mizuho Securities on 29 October 2026: 345.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 29 Oct 2026 | Mizuho Securities Steven Valiquette | — | 280.00 → 345.00 | +23.2% | 317.82 |
| 28 Oct 2026 | Barclays | Reiterated · Overweight | 360.00 → 375.00 | +4.2% | 313.46 |
| 26 Oct 2026 | Robert W. Baird | — | 300.00 → 350.00 | +16.7% | 323.04 |
| 19 Oct 2026 | Barclays | Reiterated · Overweight | 315.00 → 360.00 | +14.3% | 310.36 |
| 15 Oct 2026 | Oppenheimer Ken Wong | — | 300.00 → 325.00 | +8.3% | 297.35 |
| 8 Sept 2026 | Wells Fargo Stan Berenshteyn | — | 320.00 → 330.00 | +3.1% | 275.09 |
| 27 Aug 2026 | Truist Financial | Reiterated · Buy | 305.00 | — | 288.01 |
| 27 Aug 2026 | Raymond James | — | 225.00 → 330.00 | +46.7% | 295.78 |
| 27 Aug 2026 | UBS | Reiterated · Neutral | 290.00 → 325.00 | +12.1% | 294.74 |
| 27 Aug 2026 | RBC Capital | Reiterated · Outperform | 325.00 | — | 286.68 |
| 27 Aug 2026 | Evercore ISI Kirk Materne | Reiterated · In Line | 185.00 → 250.00 | +35.1% | 244.69 |
| 27 Aug 2026 | Piper Sandler | Reiterated · Overweight | 295.00 → 320.00 | +8.5% | 286.47 |
| 27 Aug 2026 | Stifel Nicolaus David Grossman | — | 275.00 → 300.00 | +9.1% | 294.46 |
| 27 Aug 2026 | Morgan Stanley Craig Hettenbach | Reiterated · Equal Weight | 215.00 → 275.00 | +27.9% | 244.69 |
| 27 Aug 2026 | BMO Capital | Reiterated · Market Perform | 175.00 → 270.00 | +54.3% | 244.69 |
| 27 Aug 2026 | Mizuho Securities | Reiterated · Outperform | 270.00 → 280.00 | +3.7% | 244.69 |
| 27 Aug 2026 | UBS | — | 260.00 → 290.00 | +11.5% | 244.69 |
| 27 Aug 2026 | Guggenheim | Reiterated · Buy | 276.00 → 310.00 | +12.3% | 244.69 |
| 27 Aug 2026 | UBS | — | 320.00 → 260.00 | -18.8% | 244.69 |
| 27 Aug 2026 | Robert W. Baird | — | 260.00 → 300.00 | +15.4% | 244.69 |
| 27 Aug 2026 | UBS | — | 235.00 → 320.00 | +36.2% | 244.69 |
| 27 Aug 2026 | Needham Ryan MacDonald | Reiterated · Buy | 270.00 → 310.00 | +14.8% | 244.69 |
| 27 Aug 2026 | Barclays Saket Kalia | Reiterated · Overweight | 275.00 → 315.00 | +14.5% | 244.69 |
| 27 Aug 2026 | Jefferies David Windley | — | 330.00 → 295.00 | -10.6% | 244.69 |
| 24 Aug 2026 | Needham Ryan MacDonald | Reiterated · Buy | 355.00 → 270.00 | -23.9% | 247.90 |
| 24 Aug 2026 | Piper Sandler Billy Fitzsimmons | — | 355.00 → 295.00 | -16.9% | 247.90 |
| 20 Aug 2026 | Guggenheim Tamjid Chowdhury | Reiterated · Buy | 232.00 → 276.00 | +19.0% | 251.00 |
| 18 Aug 2026 | Barclays | Reiterated · Overweight | 305.00 → 275.00 | -9.8% | 238.34 |
| 17 Aug 2026 | Oppenheimer Ken Wong | Reiterated · Outperform | 275.00 → 300.00 | +9.1% | 243.75 |
| 17 Aug 2026 | Stifel Nicolaus David Grossman | Reiterated · Buy | 230.00 → 275.00 | +19.6% | 243.75 |
| 22 Jul 2026 | Guggenheim | — | 232.00 | — | 184.55 |
| 4 Jun 2026 | BNP Paribas Andrew DeGasperi | — | 285.00 | — | 178.66 |
| 4 Jun 2026 | Morgan Stanley | — | 205.00 → 215.00 | +4.9% | 178.66 |
| 4 Jun 2026 | BMO Capital | Reiterated · Market Perform | 175.00 | — | 178.66 |
| 4 Jun 2026 | Robert W. Baird | — | 283.00 → 260.00 | -8.1% | 178.66 |
| 4 Jun 2026 | Canaccord Genuity David Hynes | Reiterated · Hold | 280.00 → 220.00 | -21.4% | 178.66 |
| 4 Jun 2026 | Mizuho Securities Steven Valiquette | Reiterated · Outperform | 295.00 → 270.00 | -8.5% | 178.66 |
| 4 Jun 2026 | Goldman Sachs Adam Hotchkiss | Reiterated · Sell | 215.00 → 165.00 | -23.3% | 178.66 |
| 4 Jun 2026 | Wells Fargo Stan Berenshteyn | Reiterated · Overweight | 333.00 → 320.00 | -3.9% | 178.66 |
| 4 Jun 2026 | UBS | Reiterated · Neutral | 280.00 → 235.00 | -16.1% | 178.66 |
| 4 Jun 2026 | Evercore ISI Kirk Materne | Reiterated · In Line | 185.00 | — | 178.66 |
| 4 Jun 2026 | Stifel Nicolaus David Grossman | Reiterated · Buy | 320.00 → 230.00 | -28.1% | 178.66 |
| 4 Jun 2026 | Raymond James Brian Peterson | — | 340.00 → 225.00 | -33.8% | 178.66 |
| 10 Apr 2026 | Citigroup | Downgraded · Buy → Neutral | — | — | — |
| 24 Feb 2026 | Oppenheimer | Reiterated · Outperform | 275.00 | — | 172.17 |
| 17 Feb 2026 | Morgan Stanley | Upgraded · Underweight → Equal Weight | 222.00 → 205.00 | -7.7% | 174.11 |
| 4 Feb 2026 | Mizuho Securities | — | 325.00 → 295.00 | -9.2% | 190.80 |
| 13 Jan 2026 | Goldman Sachs Adam Hotchkiss | — | 200.00 → 215.00 | +7.5% | 233.21 |
| 8 Jan 2026 | Robert W. Baird | — | 319.00 → 283.00 | -11.3% | 243.69 |
| 12 Dec 2025 | Keybanc | Downgraded · Overweight → Sector Weight | — | — | — |
Veeva Systems EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Veeva Systems's EPS to grow 28.5% a year until 2029, faster than over the last 5 years (18.2% a year) and the last 3 years (21.9%).
Analysts expect Veeva Systems's revenue to grow 13.3% a year until 2029. Over the last 5 years it grew 16.9% a year, and over the last 3 years 14.0%.
Revenue
EPS
Does Veeva Systems beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 6.7% off the result, either way, and their revenue estimate 2.3%, over the last 12 quarters.
- EPS beats
- 52 / 52
- Revenue beats
- 51 / 52
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +6.7%
- Since
- December 2013
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 26 Aug 2026 | 2.23 | 2.35 | +5.4% | 905.38M | 927.96M | +2.5% |
| Q1 FY2027 | 3 Jun 2026 | 2.14 | 2.24 | +4.7% | 857.73M | 882.95M | +2.9% |
| Q4 FY2026 | 4 Mar 2026 | 1.94 | 2.06 | +6.2% | 810.67M | 835.95M | +3.1% |
| Q3 FY2026 | 20 Nov 2025 | 1.95 | 2.04 | +4.6% | 792.79M | 811.24M | +2.3% |
| Q2 FY2026 | 27 Aug 2025 | 1.90 | 1.99 | +4.7% | 768.45M | 789.08M | +2.7% |
| Q1 FY2026 | 28 May 2025 | 1.74 | 1.97 | +13.2% | 728.40M | 759.04M | +4.2% |
| Q4 FY2025 | 5 Mar 2025 | 1.60 | 1.74 | +8.7% | 699.23M | 720.89M | +3.1% |
| Q3 FY2025 | 5 Dec 2024 | 1.58 | 1.75 | +10.8% | 684.38M | 699.21M | +2.2% |
| Q2 FY2025 | 28 Aug 2024 | 1.53 | 1.62 | +5.9% | 667.83M | 676.18M | +1.3% |
| Q1 FY2025 | 30 May 2024 | 1.42 | 1.50 | +5.6% | 642.05M | 650.35M | +1.3% |
| Q4 FY2024 | 29 Feb 2024 | 1.30 | 1.38 | +6.2% | 621.11M | 630.62M | +1.5% |
| Q3 FY2024 | 6 Dec 2023 | 1.28 | 1.34 | +4.7% | 615.98M | 616.51M | +0.1% |
Veeva Systems stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Veeva Systems's earnings keep growing at the 12.7% a year analysts expect to FY2029, it would earn about 14.67 a share in FY2031. At the P/E it has traded at over the last five years (36.7 to 54.3) that is 539.06 to 796.88 a share, or 707.46 at its average P/E of 48.2. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 9.24 | 339.37 | 445.39 | 501.69 |
| FY2028 | 10.28 | 377.63 | 495.59 | 558.24 |
| FY2029 | 11.55 | 424.21 | 556.73 | 627.10 |
| FY2030 (extrapolated) | 13.02 | 478.20 | 627.58 | 706.92 |
| FY2031 (extrapolated) | 14.67 | 539.06 | 707.46 | 796.88 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 12.7% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (36.7, 48.2, 54.3).
Is Veeva Systems stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Veeva Systems's P/E of 48.9 is near the bottom of its 5-year range (26.6 to 114.7, median 58.2). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 1.7 on expected growth against 3.2 on its median P/E and past five years' growth. At its usual P/E (66.9 × EPS of 5.66), Veeva Systems's fair value is 378.33; the price, 303.85, is 19.7% below it. The EPS is without 0.55 a share of one-off gains in its other income, which the business does not repeat. Its forward P/E, on the consensus for FY2027, is 32.9.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (30.9 and 96.0). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 48.93
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 58.20
- Five-year P/E range
- 26.6 – 114.7
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 32.90
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 3.84
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- -1.1%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.