More than 125 medtech customers use Veeva applications for seamless execution across product development PLEASANTON, Calif., Oct. 2, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that 18 of the top 20 medtech companies leverage Veeva Development Cloud and Veeva Commercial Cloud applications to streamline processes across the total medtech product lifecycle. Veeva MedTech enables more than 125 customers with deep industry expertise and technology from ideation to commercialization. With an ...

A month has gone by since the last earnings report for Veeva Systems (VEEV) . Shares have lost about 3.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Veeva due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Veeva Systems Q2 Earnings & Revenues Beat, Operating Ma ...

Veeva Systems Inc. (VEEV) announced the expansion of Veeva Vault QMS yesterday. The expansion is expected to add new capabilities to manage MedTech field actions and product recalls. The latest availability of expanded features is expected to significantly boost Veeva Systems' Vault Quality suite and solidify its foothold in the niche space. Likely Trend of VEEV Stock Following the News Following the announcement on Sept. 24, 2024, shares of the company moved nearly 1.5% south to $207.91 at yesterday's clos ...

Veeva Systems Inc. (VEEV) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by a solid second-quarter fiscal 2025 performance and strategic deals, is expected to contribute further. Stiff competition and rising operational costs persist. This Zacks Rank #3 (Hold) company's shares have gained 8% in the year-to-date period compared with 20.9% growth of the industry. The S&P 500 Composite has risen 20.2% during the said time frame. The renowned provid ...

New capabilities improve oversight, timeliness, and accuracy of field actions to ensure product quality and patient safety PLEASANTON, Calif., Sept. 24, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced the expansion of Veeva Vault QMS, adding new capabilities to manage medtech field actions and product recalls. The new features will enable oversight, timeliness, and accuracy throughout the field action process, from issue identification, evaluation, planning, execution, and monitoring through ...

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Veeva Systems (VEEV) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, VEEV broke through the 20-day moving average, which suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. Sim ...

Shares of Veeva Systems (VEEV) have risen 20.5% in the past three months, outperforming both the industry as well as the S&P 500 Index. The outperformance was primarily driven by its strong quarterly results during the second quarter of fiscal 2025, continued expansion of its product offerings and the addition of new partners. VEEV's Robust Results Veeva reported better-than-expected earnings for the second quarter on Aug. 28, leading to a rise in share price. The company's top line was up 15% compared to t ...

The cloud software leader charged higher after a strong quarterly earnings report. Shares of Veeva Systems (VEEV 3.10%) rose 12.8% in August, according to data provided by S&P Global Market Intelligence. The company reported excellent quarterly financial results, and the stock's attractive valuation translated to gains as investors revised their forecasts higher. Veeva had a stellar quarterly report Veeva reported quarterly earnings on Aug. 28, sending the stock higher. The company achieved 15% revenue grow ...

Veeva Systems Inc. (VEEV) recently announced the newest release of Veeva Site Connect. The release adds powerful new capabilities and a streamlined site-centric experience to simplify and standardize sponsor-site collaboration, thus taking a major step forward for clinical trial execution. Per management, sponsors would be able to reduce the time and effort of site start-up, study conduct and closeout for higher-quality trials at a significantly lower cost with Veeva Site Connect. Following the release anno ...