JHVEPhoto Since I presented my ‘Strong Buy’ thesis for Veeva Systems (NYSE:VEEV) in June 2023, their stock price has surged by 21%. I discussed their data analytics and AI capabilities in the healthcare industry. They guide 15.5% revenue growth and 27% adjusted operating income growth for FY25. Veeva clinical platform connects clinical operations and data…
sanjeri/E+ via Getty Images Investment Thesis Veeva Systems Inc. (NYSE:VEEV) helps streamline processes, improve collaboration, and ensure compliance with industry regulations. The business is highly entrenched and returning to attractive growth once again. Furthermore, I make the case that paying 32x forward non-GAAP operating profits for Veeva is attractively priced. Simply put, with more than…
gorodenkoff Investment Thesis Veeva Systems Inc. (NYSE:VEEV) stock is well-placed with lower expectations, as it heads to report its fiscal Q3 2024 results, expected post-market on Wednesday 6 December 2023. I now believe that this is a good entry point for investors to start averaging into their holding of Veeva. For a long time, as…
JHVEPhoto/iStock Editorial via Getty Images Back in late January, I called Veeva Systems (NYSE:VEEV) one of the most attractive SaaS names out there, with an attractive valuation and one of the most recession resistant customer bases out there. Since then the stock is up about 17%, although it has given back some gain more recently….
Tippapatt/iStock via Getty Images We rate Veeva Systems (NYSE:VEEV) as a buy as the company is executing well its migration plan from Salesforce (CRM) to Veeva Vault CRM while developing future growth avenues that might help the company secure double-digit revenue growth for the next few years. In our last article in December 2022: Veeva…
gorodenkoff/iStock via Getty Images Investment Thesis Veeva Systems’ (NYSE:VEEV) fiscal Q2 2024 results delivered fiscal 2025 guidance that was in line with its previous expectations. Meaning that its most recent quarter didn’t surface any negative news. While I don’t consider the stock to be particularly cheap, I have to say, that Veeva continues to grow…