BMO Capital has initiated coverage on Veeva Systems Inc (VEEV) with a Market Perform rating as of November 12, 2025. This marks the firm's first assessment of the company, reflecting its analysis of Veeva's business model, industry dynamics, and growth potential.
Veeva Systems, headquartered in Pleasanton, California, provides industry cloud solutions for the global life sciences sector. The company, which employs 7,291 full-time staff, went public on October 16, 2013. Veeva's offerings include cloud software, data, and business consulting tailored to the needs of life sciences companies, spanning from research and development (R&D) through commercialization. Its product categories include Veeva Development Cloud, Veeva Quality Cloud, Veeva Commercial Cloud, and Veeva Data Cloud.
As of November 13, 2025, Veeva Systems has a market capitalization of $47.2 billion, a P/E ratio of 58.28, and an EPS of 4.87. Upcoming earnings reports are scheduled for March 2, 2026, with an estimated EPS of $1.93 and revenue of $816.6 million, and May 25, 2026, with an estimated EPS of $2.08 and revenue of $858.9 million.
Analyst ratings, such as BMO's, are based on research and financial models. While they can provide valuable insights, they are inherently based on assumptions that may not come to fruition. Investment decisions should encompass a variety of factors, including company fundamentals and market conditions. Analyst views are best utilized as one of many inputs in the decision-making process.