Added to YB: 2026-03-17
Pitch date: 2026-03-14
VEEV [bullish]
Veeva Systems Inc.
+3.01%
current return
Author Info
No bio for this author
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
$29.4B
Pitch Price
$179.87
Price Target
512.78 (+187%)
Dividend
N/A
EV/EBITDA
22.89
P/E
32.88
EV/Sales
7.18
Sector
Health Care Technology
Category
growth
2026-03-14 (NYSE: VEEV) Veeva Systems
VEEV: Dominant vertical SaaS in life sciences w/ regulatory moat via GxP-ready Vault platform (high switching costs). Divorcing Salesforce cuts ~15% royalty (~$220M), boosting margins. Agentic AI embedded in clinical/regulatory/quality workflows adds usage-based revenue layer. 74.5% GM, 25.2% OM, 26% NI margin, 78% OCF ratio. Risks: cybersecurity, customer concentration, industry dependence. Trading 9.4x EV/Rev vs peer median 4.1x—premium justified by cleaner SaaS model, strong balance sheet, AI monetization potential. 3Y PT $371 (+107%), 5Y PT $513 (+187%) on 13% CAGR, conservative 15% P/E discount to peers.
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