Added to YB: 2023-12-15
Pitch date: 2023-12-15
VEEV [bullish]
Veeva Systems Inc.
+38.57%
current return
Author Info
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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
$30.3B
Pitch Price
$180.80
Price Target
205.00 (-18%)
Dividend
N/A
EV/EBITDA
22.07
P/E
33.03
EV/Sales
6.94
Sector
Health Care Technology
Category
growth
Veeva Systems (VEEV) - A Leader In Life Science With Seven Critical Risks
VEEV: Leader in life science SaaS. 80% CRM mrkt share, 30%+ R&D. Essential product reducing dev costs 25%. High switching costs, strong barriers to entry. Key risks: IQVIA lawsuit, Salesforce migration. $3B FY25 rev target doable. Fairly valued w/ 20% upside or 15% downside. Sleep Well pick.
Read full article (40 min)