Veeva Systems slips as post-earnings price-target cuts weigh on sentiment

Veeva Systems (VEEV) is down 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a wave of analyst price-target reductions that followed Veeva’s recent quarterly results and forward outlook. Even with solid fundamentals, multiple firms trimmed targets, which can pressure shares after a strong post-earnings run.

Details:

Veeva reported fourth-quarter and full-year fiscal 2026 results (year ended January 31, 2026) and issued guidance for upcoming periods, reiterating its longer-term growth narrative while providing near-term targets.

After the earnings release, at least one firm lowered its price target while maintaining an Outperform-style rating, signaling continued confidence but reduced valuation assumptions.

Another major bank lowered its price target to $190 and maintained a Sell rating, highlighting that skepticism on valuation and/or growth durability remains in the debate.

Additional firms also reduced price targets (while keeping generally constructive ratings), adding to the perception of a “reset” in Street expectations immediately after results.

Sources:

Veeva, StreetInsider, TipRanks, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$VEEV Insider Trading Activity

$VEEV insiders have traded $VEEV stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $VEEV stock by insiders over the last 6 months:

JONATHAN FADDIS (SVP, Gen. Counsel, Secretary) has made 0 purchases and 3 sales selling 15,315 shares for an estimated $4,593,146.
ELENI NITSA ZUPPAS (President & Chief of Staff) sold 6,000 shares for an estimated $1,839,693
THOMAS D. SCHWENGER (Pres. & Chief Customer Officer) has made 0 purchases and 3 sales selling 5,350 shares for an estimated $1,436,569.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$VEEV Hedge Fund Activity

We have seen 489 institutional investors add shares of $VEEV stock to their portfolio, and 675 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,427,895 shares (-71.9%) from their portfolio in Q4 2025, for an estimated $988,439,000
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,851,158 shares (-78.2%) from their portfolio in Q4 2025, for an estimated $413,234,000
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,553,398 shares (-39.8%) from their portfolio in Q4 2025, for an estimated $346,765,035
FMR LLC removed 1,084,781 shares (-16.4%) from their portfolio in Q4 2025, for an estimated $242,155,662
FRANKLIN RESOURCES INC removed 1,082,919 shares (-62.6%) from their portfolio in Q4 2025, for an estimated $241,740,008
MACQUARIE GROUP LTD removed 993,092 shares (-97.5%) from their portfolio in Q4 2025, for an estimated $221,687,927
JPMORGAN CHASE & CO removed 954,312 shares (-27.5%) from their portfolio in Q4 2025, for an estimated $213,031,067

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$VEEV Analyst Ratings

Wall Street analysts have issued reports on $VEEV in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Piper Sandler issued a "Overweight" rating on 03/05/2026
Wells Fargo issued a "Overweight" rating on 11/25/2025
Citigroup issued a "Buy" rating on 11/24/2025
Needham issued a "Buy" rating on 11/21/2025
BTIG issued a "Buy" rating on 11/21/2025
Baird issued a "Outperform" rating on 11/21/2025
Barclays issued a "Overweight" rating on 11/21/2025

To track analyst ratings and price targets for $VEEV, check out Quiver Quantitative's $VEEV forecast page.

$VEEV Price Targets

Multiple analysts have issued price targets for $VEEV recently. We have seen 18 analysts offer price targets for $VEEV in the last 6 months, with a median target of $275.0.

Here are some recent targets:

Tyler Radke from Citigroup set a target price of $291.0 on 03/09/2026
David Hynes from Canaccord Genuity set a target price of $235.0 on 03/05/2026
David Grossman from Stifel set a target price of $245.0 on 03/05/2026
Stan Berenshteyn from Wells Fargo set a target price of $317.0 on 03/05/2026
Charles Rhyee from TD Cowen set a target price of $300.0 on 03/05/2026
Kirk Materne from Evercore ISI Group set a target price of $240.0 on 03/05/2026
Karl Keirstead from UBS set a target price of $220.0 on 03/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.