Veeva Systems Inc Class AVEEV
▲ PositiveCapitalrelevance
Q2 revenue and EPS beat estimates, and full-year guidance was raised.
Impact on stocks 1
Cloud & Digital Infrastructure
Veeva Systems Inc Class AVeeva Systems reported second-quarter revenue of US$927.96 million, up from US$789.08 million a year earlier, with net income of US$273.43 million and diluted earnings per share of US$1.66, beating analyst expectations. The company also raised its full-year guidance, projecting total revenue between US$3.68 billion and US$3.69 billion for the fiscal year ending January 31, 2027. Management highlighted AI as a key driver across Veeva Falcon and the broader Vault AI suite. Following the earnings beat, the stock surged 15.2% in one day and 40.22% over 30 days, reaching US$282.13, though the one-year total shareholder return stands at 3.6% and the five-year return is negative 10.7%. The narrative fair value is US$383.14, suggesting a 26.4% undervaluation, but the current P/E of 45.2x exceeds both the industry average of 27.9x and a fair ratio of 32x, indicating limited room for error if growth expectations ease.
Veeva Systems Inc Class AQ2 revenue and EPS beat estimates, and full-year guidance was raised.