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Veeva Systems Inc. (VEEV)

NYSE - NYSE Delayed Price. Currency in USD
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296.85+6.10 (+2.10%)
At close: 4:00PM EDT
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  • R
    RH
    VEEV R&D Summit--great insights on current trends and success emerging in new verticals, Go VEEV!
    $400 in 2022
  • J
    Jim
    The UBS clients are pouring into the stock in droves.
  • P
    P
    My nonsensical and irrelevant race to 300 between VEEV and BABA is back in play. BABA with the decided edge, but VEEV is not giving up.
  • R
    Richard
    $300 dollars is all well and good. How far can VEEV go? Take a look at the market cap. As Veeva continues to be a leader in its industry, a market cap of $100B is feasible within next 2 years. That equates to a price of over $600.
  • R
    RH
    Sneak Peak at new innovations at today's VEEVA R&D Summit:
    https://www.veeva.com/wp-content/uploads/2020/10/RD-Summit-Infographic_v5.pdf
    Bullish
  • B
    B
    One of the best
    Bullish
  • J
    Jim
    We are back in business with Veeva today, after those ridiculous words from UBS yesterday. They just want to acquire shares on the cheap, or did it for hedgies/cronies/buddies so they could acquire as cheaply as possible. That prediction was really absurd for such a hot company, growing by leaps and bounds and in the sweet spot of industries.
  • R
    Richard
    Market recovering after opening sell-off. VEEV has been strong all day. If I had to bet where VEEV will be in five years, I would say it's going to be one of the top growth stocks. $200B market cap by 2025.
  • P
    PassGo
    Fabulous chart. I will add shares week of November 4
    Bullish
  • P
    P
    Here we go VEEV, 300 on the horizon!
  • j
    jprourke1956
    Look at VEEV rock!!! Here comes $ 296.00!!! GO VEEV GO!!!
  • J
    Jim
    Well, also, a side benefit from the quick pullback is that today we solidly filled that gap from Monday between $297-299, and are now getting back toward where we were on Tuesday before the hit piece by UBS.
  • g
    gt
    I’m guessing that the combination of the lower trading volume (less liquidity) and the fact that this stock has such a high institutional holding and interest, makes it more susceptible to low volume erratic fluctuations as the market maker needs to bring in stock to fill those institutional orders. There were some large block trades (125k shares plus) that hit the tape in the close the last few trading days. This isn’t retail shares changing hands.
  • P
    P
    wow, VEEV, serious momentum
  • J
    Jim
    Finally filling that gap from Monday morning, we should move up nicely later on and tomorrow.
    Bullish
  • R
    RH
    PBC CONVERSION REASONS
    One analyst explained:
    Veeva announced plans to potentially convert their corporate
    structure from a C-corp to a public benefit corporation (PBC). In the context of
    VEEV stock today, we do not see this conversion changing the way the company
    operates or how they pursue the stated long term goals through 2025 and
    beyond.
    Bigger picture, we see three potential benefits:
    1) VEEV stock ownership could expand more broadly into ESG funds investing along these themes;

    2) As pharma companies’ spend on Veeva increases, this change could better align the
    holistic purpose of Veeva with their customers, to improve human life;

    3) Amidstthe increasing hunt for talent, Veeva could attract more employees aiming to
    participate in a mission-driven company.

    In the context of governance, we also
    see Veeva’s commitment to declassify its board of directors and implement
    majority voting as shareholder friendly change
    Bullish
  • B
    Bill
    UBS just downgraded
  • g
    gt
    Very good price action today so far - relative to the market and even its peers.
  • R
    RH
    R&D & Quality Summit kickoff tomorrow. More positive news coming. Also look for more evidence of additional traction in non life science verticals like cosmetics and chemicals. $350 + within 12 months.
    Bullish
  • P
    PassGo
    Adding in dips into 2021. I don’t trust we will have election results so if market dips this is one I am adding. Cloud ... healthcare ... here to stay. I would not be shocked if AMZN acquired Veev
    Bullish