Veeva Systems shares have declined 28.9% year-to-date, trailing the Nasdaq Composite's 11.1% gain. The stock is down 14.3% over the past three months, while the Nasdaq rose 17.6%, and has fallen 43.4% over 52 weeks compared to the Nasdaq's 31.5% surge. Veeva reported fiscal Q1 2027 revenue of $882.9 million, up 16% year-over-year, and raised its full-year guidance to $3.64 billion to $3.65 billion in revenue with adjusted EPS of about $9.05. Despite the underperformance, analysts give the stock a consensus Moderate Buy rating and a mean price target of $244.88, a 54.9% premium to current levels.
Veeva Systems Inc Class AStock underperformed Nasdaq, down 28.9% YTD, despite revenue growth and raised guidance
