JP Morgan has upgraded Veeva Systems Inc (VEEV) to Overweight from Neutral as of September 7, 2025. The current share price stands at $245.26.
This upgrade reflects a more optimistic outlook on Veeva's prospects, potentially indicating improved fundamentals or better-than-expected business performance. Veeva Systems, headquartered in Pleasanton, California, provides industry cloud solutions for the global life sciences sector. The company employs 7,291 full-time staff and went public on October 16, 2013.
Veeva's market capitalization is approximately $44.5 billion, with a P/E ratio of 54.92 and an EPS of 4.87. The company is scheduled to report its next earnings on May 26, 2026, with an estimated EPS of $2.08 and revenue of $859.9 million. Recent performance has shown positive surprises, including a Q3 2026 EPS of $2.04, exceeding estimates by 2.6%.
Analyst ratings serve as professional opinions based on research and financial models. While these assessments can provide useful insights, they are based on assumptions that may not always materialize. It is crucial for investors to consider multiple factors, including company fundamentals and industry trends, when making investment decisions. Analyst opinions should be one of many inputs in this process.
Analyst consensus as of November 1, 2025, indicates a Buy rating, with 11 Strong Buy, 17 Buy, 10 Hold, 2 Sell, and no Strong Sell ratings.