Veeva Systems Inc. (NYSE:VEEV) Sees New Price Target from Piper Sandler

Veeva Systems Inc. (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics. Veeva's competitors include companies like Salesforce and Oracle, which also offer cloud-based solutions for various industries.

On May 29, 2025, Brent Bracelin from Piper Sandler set a new price target for VEEV at $325. At the time, the stock was trading at $233, indicating a potential increase of approximately 39.5%. This optimistic outlook comes shortly after Veeva's Q1 2026 earnings conference call, which took place on May 28, 2025. The call featured key company figures such as CEO Peter Gassner and CFO Brian Van Wagener.

The conference call was attended by analysts from major financial institutions, including Piper Sandler, Barclays, and Goldman Sachs. This broad interest from financial analysts highlights the market's keen attention to Veeva's performance and future prospects. The current stock price of VEEV is $234.49, reflecting a slight decrease of 1.50% or $3.57, with a trading range today between $233.65 and $238.98.

Veeva's market capitalization is approximately $38.21 billion, with a trading volume of 2,195,001 shares on the NYSE. Over the past year, the stock has seen a high of $258.93 and a low of $170.25. This volatility reflects the dynamic nature of the tech industry and the market's response to Veeva's strategic moves and financial performance.