Veeva: Growth Prospects Have Improved, But Stock Price May Be Capped [Seeking Alpha]
Veeva Systems Inc. Class A (VEEV)
Last veeva systems inc. class a earnings: 3/3 04:05 pm
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US:NYSE Investor Relations:
ir.veeva.com/investors/investor-overview/default.aspx
Company Research
Source: Seeking Alpha
The company faces macroeconomic risks and uncertainties related to its platform migration project and revenue concentration among top customers. The current valuation of Veeva's stock has already priced in its growth prospects, leaving limited upside for long-term investors. Introduction & Investment Thesis On January 8, 2023, I initiated a "sell" rating on Veeva ( NYSE: VEEV ). I had outlined that my bear thesis was predicated on the fact that the company had seen its revenue growth and margins stagnate over the last 2 years, in an environment where there were growing uncertainties around Veeva's product adoption as pharmaceutical budgets came under greater scrutiny. At the same time, I believed that the stock price at that time did not reflect the unknown impact on the company's top line from its platform migration project, as well as the growing threat of competition from companies such as Salesforce ( CRM ), Microsoft ( MSFT ), Google ( GOOG GOOGL ) and IQVIA ( IQV ). I had
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VEEV
News
- Investors Heavily Search Veeva Systems Inc. (VEEV): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Veeva's (VEEV) AI Partner Program to Develop GenAI Solutions [Yahoo! Finance]Yahoo! Finance
- Investing in Veeva Systems (NYSE:VEEV) five years ago would have delivered you a 45% gain [Yahoo! Finance]Yahoo! Finance
- Veeva Systems (VEEV) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Top Biopharma Brands Reach Audiences 10x More Qualified with Veeva Crossix Prime Segments [Yahoo! Finance]Yahoo! Finance
VEEV
Earnings
- 2/29/24 - Beat
VEEV
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form ARS
- 4/23/24 - Form 144
- VEEV's page on the SEC website