Veeva Systems (VEEV)

• Market cap: $38B
• 1 day: -1.38%
• 5 days: -2.18%
• 1 month: 4.49%
• 3 months: 10.75%
• 6 months: 11.60%
• Year to date: 11.22%
• 1 year: 1.09%
• 5 years: 48.29%
• 10 years: 820.64%
• Sector: Information Technology
• Industry: Prepackaged Software

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

62% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 81

24% more call options, than puts

Call options by funds: $358M | Put options by funds: $289M

3% more funds holding

Funds holding: 940 [Q3] → 971 (+31) [Q4]

1.21% more ownership

Funds ownership: 79.16% [Q3] → 80.36% (+1.21%) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 351 | Existing positions reduced: 331

1% more capital invested

Capital invested by funds: $26.9B [Q3] → $27.2B (+$334M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 16 [Q3] → 16 (+0) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $200 15% downside
• Avg. target: $241 3% upside
• High target: $285 22% upside

10 analyst ratings

• positive: 4 40%
• neutral: 4 40%
• negative: 2 20%

JP Morgan Anne Samuel 51% 1-year accuracy 18 / 35 met price target	6% upside $249	Neutral Maintained	20 Mar 2025
Scotiabank Allan Verkhovski 42% 1-year accuracy 5 / 12 met price target	5% upside $245	Sector Perform Maintained	6 Mar 2025
Truist Securities Joe Meares 0 / 0 met price target	7% downside $217	Hold Maintained	6 Mar 2025
Stephens & Co. Jeff Garro 55% 1-year accuracy 6 / 11 met price target	20% upside $280	Overweight Reiterated	6 Mar 2025
Morgan Stanley Craig Hettenbach 29% 1-year accuracy 2 / 7 met price target	14% downside $201	Underweight Maintained	6 Mar 2025