VEEV
VEEVA SYSTEMS INCEvidence as of 2026-09-02Overview · VEEVA SYSTEMS INC
Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and data solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of…
Management team
- Mr. Alan V. Mateo · Executive Vice President of Global SalesFind on LinkedIn
- Mr. Jacques Mourrain Ph.D. · Vice President of Quality & ComplianceFind on LinkedIn
- Mr. Jonathan W. Faddis · Senior VP, General Counsel & Corporate SecretaryFind on LinkedIn
- Mr. Thomas D. Schwenger · President & COOFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.3 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
Evidence balance: Mixed (+0.3 of a possible +2; confidence high). Revenue for the three-month periods rose from $759,043,000 in the three months ended 30 April 2025 to $882,948,000 in the three months ended 30 April 2026 and $927,963,000 in the three months ended 31 July 2026. Gross profit, operating income, net income, and diluted EPS follow the same progression: gross profit moved from $585,219,000 to $662,024,000 and then $695,951,000; operating income from $233,732,000 to $273,112,000 and then $275,018,000; net income from $228,190,000 to $260,936,000 and then $273,429,000; and diluted EPS from $1.37 to $1.57 and then $1.66.
The balance of filings, insider activity, product announcements, and valuation metrics accompanies those financials. Outstanding common shares declined from 164,381,855 as of 19 November 2025 to 161,908,850 as of 25 August 2026 with a reported cash repurchase of $226,947,000 in the three months ended 30 April 2026. Trailing twelve‑month valuation multiples and cash-flow figures include P/E TTM 47.98, EV/EBITDA 43.19, FCF TTM $2,847,488,000 (FCF/share $17.2515), market cap $45,209,808,186 and enterprise value $43,397,796,186.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue rose from $759,043,000 in the three months ended 30 April 2025 to $882,948,000 in the three months ended 30 April 2026 and $927,963,000 in the three months ended 31 July 2026.
XBRL companyfacts · 0001393052-26-000026Gross profit increased from $585,219,000 in the three months ended 30 April 2025 to $662,024,000 in the three months ended 30 April 2026 and $695,951,000 in the three months ended 31 July 2026.
XBRL companyfacts · 0001393052-26-000026Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Veeva announced the appointment of Dan Rizzo to serve as EVP, Sales, Consulting, and Services, effective October 2, 2026.
8-K filed 2026-08-20Thomas D. Schwenger notified Veeva of his decision to resign on August 18, 2026, and his resignation is effective October 2, 2026.
8-K filed 2026-08-20Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Three- and six-month momentum are strong: momentum_3m is +52.6% and momentum_6m is +50.2%, with rank_momentum_6m at the 93th percentile of a 547-stock universe.
Moneyta signal set · 2026-09-01weakened in debateShort-term relative strength versus SPY is high: rel_strength_6m is +37.9% and rank_rel_strength_6m is at the 93th percentile of 547.
Moneyta signal set · 2026-09-01Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, VEEV appears as a holding in the IVV ETF with a weight of 0.04% of the fund.
ETF constituents · market dataThere are two insider Form 4 filings on record with filed dates 2026-08-17 and 2026-08-31.
Form 4 × 2 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Veeva Systems announced Veeva Falcon Safety, an agentic safety operations product to streamline adverse event intake, case processing, and follow-up, in a press release dated 1 September 2026.
News · prnewswire.com · 2026-09-01The Veeva Falcon Safety announcement was distributed in multiple languages and carried by PR Newswire on 1 September 2026 (German, French, Spanish versions are present in the coverage set).
News · prnewswire.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
On 2026-08-13 Thomas D. Schwenger reported a sale of 1,000 shares for "$242k".
Form 4 · Schwenger Thomas D. (Pres. & Chief Customer Officer) · $242k sold · 2026-08-13On 2026-08-13 Thomas D. Schwenger reported a transaction labeled "code M" covering 35,000 shares with a value of "$5.4M" (action shown as "code M" on the filing).
Form 4 · Schwenger Thomas D. (Pres. & Chief Customer Officer) · $242k sold · 2026-08-13Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The calculation shows an implied free cash flow growth rate of 3.96% that today's price would justify under the stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve‑month price-to-free-cash-flow is 16.19.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The SEC-sourced fundamentals (10-Q/8-K related filings) show consistent quarter-over-quarter gains in revenue, gross profit, operating income, net income, and diluted EPS — these items are directly reported and constitute strong, primary-source evidence supporting a favorable read. Market signals show strong recent momentum and relative strength versus the S&P (high percentile ranks), and price is trading well above moving averages with a recent golden cross, which together provide medium-strength market confirmation of positive near-term price behavior. New product news (Veeva Falcon Safety) and reported large customer Vault CRM commitments add corroborating topical support from press coverage, though these are secondary sources. Counterpoints — elevated short-term volatility, weak 12-month momentum, high EV/EBITDA and P/E, and insider sales — are material and deserve attention, but the core financials and recent momentum indicators are primary, well-sourced evidence that jointly support a favorable interpretation of the company’s recent operating performance.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.34
41 surviving claims rest on 18 distinct sources; the heaviest analyst carries 17% of them, and 98% of what the desk raised survived the debate.
The evidence set rests on a moderate breadth of sources and a high claim survival rate, which increases confidence that the desk’s read was coherently defended. However, many claims derive from a small number of corporate filings and a few computed signals, and some insider filings lack parsed text — so those items carry less independent weight and raise fragility around interpretation of insider activity and recent filing minutiae.
Peer context · computed, not argued
12-1 momentum ranks 2nd of 2 in Health Information Services (as of 2026-09-01).
6-month relative strength ranks 1st of 2 in Health Information Services (as of 2026-09-01).
90-day volatility ranks 1st of 2 in Health Information Services (as of 2026-09-01).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
14 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+1.5 to the score
6 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.1 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.6 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on VEEV Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.