Veeva Systems to Announce Q1 Earnings on June 3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: seekingalpha
- Earnings Announcement: Veeva Systems is set to release its Q1 earnings on June 3 after market close, with consensus EPS estimated at $2.14, reflecting an 8.6% year-over-year increase, and revenue expected at $857.73 million, up 13.0%, indicating the company's sustained growth potential.
- Performance Beat: Over the past two years, Veeva has consistently beaten EPS and revenue estimates 100% of the time, demonstrating its financial stability and strong market confidence.
- Expectation Revisions: In the last three months, EPS estimates have seen 16 upward revisions and 3 downward adjustments, while revenue estimates have experienced 14 upward revisions and 3 downward, reflecting analysts' optimistic outlook on the company's future performance.
- Market Dynamics: Veeva's stock rose 9% following its inclusion in the S&P 500, while Citi downgraded six software stocks amid intensifying AI concerns, yet Veeva is viewed as less likely to be adversely affected by total AI disruption.
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Analyst Views on VEEV
Wall Street analysts forecast VEEV stock price to rise
23 Analyst Rating
16 Buy
6 Hold
1 Sell
Moderate Buy
Current: 188.660
Low
222.00
Averages
317.10
High
380.00
Current: 188.660
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 strategic business functions from research and development (R&D) through commercialization. Its 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. It owns Ostro, a brand engagement platform for life sciences that gives an artificial intelligence (AI)-driven chat experience.
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.
Veeva Systems to Announce Q1 Earnings on June 3
- Earnings Announcement: Veeva Systems is set to release its Q1 earnings on June 3 after market close, with consensus EPS estimated at $2.14, reflecting an 8.6% year-over-year increase, and revenue expected at $857.73 million, up 13.0%, indicating the company's sustained growth potential.
- Performance Beat: Over the past two years, Veeva has consistently beaten EPS and revenue estimates 100% of the time, demonstrating its financial stability and strong market confidence.
- Expectation Revisions: In the last three months, EPS estimates have seen 16 upward revisions and 3 downward adjustments, while revenue estimates have experienced 14 upward revisions and 3 downward, reflecting analysts' optimistic outlook on the company's future performance.
- Market Dynamics: Veeva's stock rose 9% following its inclusion in the S&P 500, while Citi downgraded six software stocks amid intensifying AI concerns, yet Veeva is viewed as less likely to be adversely affected by total AI disruption.
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- Component Changes: In April 2026, Veeva Systems replaced Coterra Energy in the S&P 500 following its acquisition by Devon Energy, illustrating the impact of market dynamics and M&A activity on index composition.
- Future Earnings Expectations: Wall Street analysts project a 25% increase in S&P 500 company earnings for 2026, driven by robust spending on artificial intelligence infrastructure and corporate tax breaks, indicating strong growth potential.
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Veeva Systems to Announce Q1 Earnings on June 3
- Earnings Announcement: Veeva Systems is set to release its Q1 earnings on June 3 after market close, with consensus EPS estimated at $2.14, reflecting an 8.6% year-over-year increase, and revenue expected at $857.73 million, up 13.0%, indicating the company's sustained growth potential.
- Performance Beat: Over the past two years, Veeva has consistently beaten EPS and revenue estimates 100% of the time, demonstrating its financial stability and strong market confidence.
- Expectation Revisions: In the last three months, EPS estimates have seen 16 upward revisions and 3 downward adjustments, while revenue estimates have experienced 14 upward revisions and 3 downward, reflecting analysts' optimistic outlook on the company's future performance.
- Market Dynamics: Veeva's stock rose 9% following its inclusion in the S&P 500, while Citi downgraded six software stocks amid intensifying AI concerns, yet Veeva is viewed as less likely to be adversely affected by total AI disruption.
See More
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- Acquisition Proposal Surge: MGM Resorts International shares surged 16% following an acquisition offer from Barry Diller's People Inc. at $48.30 per share in cash, indicating strong market optimism that could alter the company's control structure.
- Zoom Platform Rebound: Zoom Communications saw its shares jump over 11% after Anthropic, an early investor, confidentially filed for an IPO with regulators, suggesting positive market expectations for investment returns and potentially enhancing Zoom's market position.
- Veeva Systems Strong Performance: Veeva Systems shares rose nearly 9% ahead of its first-quarter earnings report on Wednesday, with FactSet consensus expecting earnings of $2.14 per share and revenue of $857.7 million, both within the company's prior guidance range, indicating business stability.
- Humana Guidance Reaffirmation: Humana's shares increased by 8% after reaffirming its full-year adjusted earnings guidance of at least $9 per share, surpassing the FactSet consensus of $8.93, reflecting the company's strong performance and growth potential in the health insurance market.
See More
Nvidia Enters PC Market with New Superchip Launch
- Superchip Launch: Nvidia announced the RTX Spark superchip at the Computex trade show in Taipei, which is based on the N1X Arm processor developed in collaboration with Microsoft, set to debut in Windows Arm PCs this fall, marking a significant reinvention in the PC market after 40 years.
- AI Performance Boost: The new chip will cater to 120B-parameter large language models with 1 petaflop of AI performance, which is expected to enhance Nvidia's market share in the AI sector and further solidify its leadership in high-performance computing.
- Positive Market Reaction: Nvidia's stock rose approximately 2% in early trading, with Microsoft up around 3%, indicating strong market anticipation for the new product, while Arm's stock surged over 12%, reflecting investor confidence in the new technology.
- Acquisition Activity: Berkshire Hathaway announced an all-cash acquisition of Taylor Morrison for $6.8 billion, representing a 24% premium, marking CEO Greg Abel's first major deal, although Berkshire's stock has declined 5.6% in 2026, indicating ongoing confidence in the U.S. housing market.
See More
Earnings Reports and Tech Conferences This Week
- Earnings Reports: This week, Palo Alto Networks, CrowdStrike, and Broadcom are set to report earnings, with Palo Alto expected to post $0.80 per share on $2.94 billion in revenue, while CrowdStrike is projected to report $1.07 per share on $1.36 billion, highlighting strong market interest in cybersecurity.
- AI-Driven Market Rebound: As AI technology becomes more prevalent, both Palo Alto and CrowdStrike have seen their stock prices rebound to all-time highs, and despite facing high valuation pressures, market expectations for their future performance remain optimistic, making management's outlook a key focus for investors.
- Tech Conference Highlights: Nvidia, Arm, and Microsoft will discuss AI-related topics at tech conferences this week, with Nvidia CEO Jensen Huang scheduled to deliver a keynote on Monday, where he is expected to unveil a new product, potentially personal computers powered by its GPUs, further boosting its market share.
- Labor Market Data: The JOLTS report will be released this week, with expectations of 120,000 new private sector jobs added in May and an unemployment rate holding steady at 4.3%, reflecting economic resilience, and investors will closely monitor these figures for their potential impact on inflation and monetary policy.
See More
S&P 500 Future Outlook and Performance Insights
- Historical Performance Review: Over the past 20 years, the S&P 500 has achieved an annual return of 9.3% excluding dividends, while the total return including dividends reached 768%, demonstrating its strong position as a benchmark for the U.S. stock market.
- Future Growth Expectations: Wall Street analysts project a 25% increase in earnings for S&P 500 companies in 2026, up from 14% in 2025, primarily driven by robust spending on artificial intelligence infrastructure and corporate tax breaks.
- Market Risk Factors: While strong earnings growth is expected to drive the S&P 500 higher, economic uncertainties stemming from the Iran conflict and potential interest rate hikes could negatively impact the stock market, necessitating cautious investor strategies.
- Investment Recommendations: When considering investments in the S&P 500 index, investors should also explore other potential stocks, as the Motley Fool analyst team has identified 10 stocks that could yield significant returns in the coming years, highlighting diverse investment opportunities in the market.
See More
S&P 500 Index Outlook for the Future
- Historical Performance: Over the past 20 years, the S&P 500 has delivered an annual return of 9.3% excluding dividends, underscoring its reliability as a benchmark for the U.S. stock market.
- Component Changes: In April 2026, Veeva Systems replaced Coterra Energy in the S&P 500 following its acquisition by Devon Energy, illustrating the impact of market dynamics and M&A activity on index composition.
- Future Earnings Expectations: Wall Street analysts project a 25% increase in S&P 500 company earnings for 2026, driven by robust spending on artificial intelligence infrastructure and corporate tax breaks, indicating strong growth potential.
- Economic Uncertainty: While analysts are optimistic about the S&P 500's future performance, the economic uncertainty stemming from the Iran conflict and potential interest rate hikes could negatively impact the stock market, prompting investors to proceed with caution.
See More
