Veeva Systems Inc. (VEEV)
Veeva Continues to Show a Combination of Growth and Resilience. Time to Buy the Stock?
Veeva is beginning to migrate customers to a new homegrown platform and away from Salesforce. This latest move should improve margins, but puts Veeva into competition with its former partner.
Veeva's Stock Jumps on Stellar Q2 Results—Don't Miss Out
Shares of cloud-based software provider Veeva Systems Inc. NYSE: VEEV have been on a wild ride in the last year, surging by more than 40% from last November through March 2024 before giving up nearly all of those gains by June. The stock price floated toward the lower end of that range for most of the last three months, but this week's earnings report has helped to boost upward momentum once again.
Veeva: Q2, Robust Dev Cloud Growth, While Commercial Cloud Picks Up Steam
I upgraded Veeva to “buy” in my previous post as I believed that the company was starting to see acceleration in top and bottom lines, with the stock up 19%since. The company reported its Q2 FY25 earnings where revenue and earnings grew 15% and 32% YoY beating estimates, driven by momentum in its R&D Solutions and an acceleration in Commercial Cloud. Despite strong Q2 performance, the management didn't raise FY25 revenue guidance, although it expanded its outlook for non-GAAP income from operations, boosting investor sentiment.
Veeva Systems Q2 Earnings & Revenues Beat, Operating Margin Up Y/Y
VEEV's fiscal second-quarter results reflect impressive performance by the Subscription services segment, along with the expansion of gross and operating margins.
Why Veeva Systems Rallied Today
Veeva beat analysts' quarterly expectations. Veeva's bottom line impressed investors, as earnings are growing faster than revenue.
Veeva Systems Inc. (VEEV) Q2 2025 Earnings Call Transcript
Veeva Systems Inc. (NYSE:VEEV ) Q2 2025 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Gunnar Hansen - Senior Director, Investor Relations Peter Gassner - Founder and Chief Executive Officer Tim Cabral - Interim Chief Financial Officer Paul Shawah - Executive Vice President, Commercial Strategy Conference Call Participants Joe Vruwink - Baird Saket Kalia - Barclays Ken Wong - Oppenheimer & Company Brian Peterson - Raymond James Rishi Jaluria - RBC Capital Markets Tyler Radke - Citigroup Stan Berenshteyn - Wells Fargo Securities Brent Bracelin - Piper Sandler Dylan Becker - William Blair Jack Wallace - Guggenheim Securities Carolyn Valenti - Goldman Sachs Craig Hettenbach - Morgan Stanley Ryan MacDonald - Needham Jenny Cao - Truist Securities Charles Rhyee - TD Cowen David Larsen - BTIG Operator Ladies and gentlemen, good afternoon. My name is Krista and I will be your conference operator today.
Veeva (VEEV) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Veeva (VEEV) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Veeva Systems (VEEV) Q2 Earnings and Revenues Surpass Estimates
Veeva Systems (VEEV) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.21 per share a year ago.
Veeva Systems: Optimism Ahead Of Q2 Earnings Release
Veeva Systems' strong fundamentals, consistent earnings surprises, and robust financial position support continued optimism heading into Q2. VEEV demonstrated strong Q1 performance with revenue and EPS growth, strong operating leverage, and a fortress financial position. Wall Street analysts are optimistic about VEEV's upcoming Q2 earnings release, with a history of positive surprises and optimistic ratings from reputable analysts.
Ahead of Veeva (VEEV) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Veeva (VEEV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
Here is What to Know Beyond Why Veeva Systems Inc. (VEEV) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Veeva (VEEV). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Veeva (VEEV) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
