Veeva Systems Inc. hits a 20-day low amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 Dec 25
Source: Coinmarketcap
Veeva Systems Inc. experienced a price decline of 4.21%, hitting a 20-day low. This movement comes as the Nasdaq-100 is down 0.52% and the S&P 500 is down 0.18%, indicating a broader market weakness.
The decline in Veeva's stock price is attributed to sector rotation, as investors are shifting their focus away from certain tech stocks that are underperforming despite the overall market's bullish trend. This trend suggests that some stocks, including Veeva, may be facing deeper issues that require closer examination.
Investors should remain cautious as the market dynamics shift, particularly in the tech sector, where not all companies are benefiting equally from the current market conditions.
Analyst Views on VEEV
Wall Street analysts forecast VEEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VEEV is 317.10 USD with a low forecast of 222.00 USD and a high forecast of 380.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
23 Analyst Rating
16 Buy
6 Hold
1 Sell
Moderate Buy
Current: 217.990
Low
222.00
Averages
317.10
High
380.00
Current: 217.990
Low
222.00
Averages
317.10
High
380.00
About VEEV
Veeva Systems Inc. is a provider of cloud solutions for the global life sciences industry. It offers span cloud software, data, and business consulting and is designed to meet the needs of its customers and the strategic business functions from research and development (R&D) through commercialization. Its four product categories include Veeva Development Cloud, Veeva Quality Cloud, Veeva Commercial Cloud, and Veeva Data Cloud. Veeva Development Cloud includes application suites for the clinical, regulatory, and safety functions of life sciences companies, all built on its Veeva Vault platform. Veeva Quality Cloud unifies applications, processes, and partners across content management, training, quality management, assurance, and control lab solutions on the Veeva Vault platform. Veeva Commercial Cloud is a product category comprised of software and analytics solutions. Veeva Data Cloud is a data platform comprised of connected reference data, deep data, and transaction data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
