Added to YB: 2024-09-18
Pitch date: 2024-09-17
VEEV [neutral]
Veeva Systems Inc.
-15.13%
current return
Author Info
Long-Term Pick shares in-depth stock analysis on high-quality stocks with growth potential. Sign up for the newsletter.
Company Info
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.
Market Cap
$29.8B
Pitch Price
$215.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
24.57
P/E
35.33
EV/Sales
7.55
Sector
Health Care Technology
Category
growth
Veeva: Leading CRM Provider in Life Sciences
VEEV (too expensive): Leading life sciences CRM (80% mkt share) & Vault apps. Strong moat, high retention. Transitioning CRM to own platform. Q2 beat, 14 CRM wins. Rev $2.36B (+10% YoY). Wide moat, but high PEG ratio. Fair price $181.36 vs $217.95 current. 13.75% 5yr CAGR. Risks: regulation, industry slowdown.
Read full article (10 min)