Baird Raises Veeva Systems (VEEV) Price Target to $350
Key Points
- Baird increased its price target for Veeva Systems from $300 to $350, maintaining an Outperform rating.
- Baird's $350 price target implies 8.35% upside from Veeva Systems Inc.'s ($VEEV) current $323.04 share price.
- Veeva Systems shares closed at $323.04 on October 23, 2026, and recently traded at the same level, indicating steady performance.
- The company has a market cap of about $52.3 billion and is set to report earnings on November 25, 2026.
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Baird raised its price target for Veeva Systems Inc. (NYSE: VEEV) to $350 on October 26, 2026, up from a previous target of $300. The firm maintains an Outperform rating on the stock, suggesting it expects Veeva to perform well compared to the broader market.
Veeva's shares closed at $323.04 on October 23, 2026, the last trading day before the announcement. As of October 26, they were trading at the same price, which is about equal to the closing price. The stock is currently above its 50-day moving average by 16.7% and well above its 200-day moving average by 55.9%. However, it is slightly below its 52-week high of $325.99.
Baird vs. the S&P 500
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Other Institutional Activity in Veeva Systems
Several other institutional investors have made moves related to Veeva Systems recently. E. Ohman J:or Asset Management reduced its stake by 40,400 shares, leaving it with 113,455 shares valued at approximately $32.4 million. In contrast, Principal Financial Group, Inc. grew its holdings by 837,806 shares, bringing its total to 4,979,210 shares worth about $1.6 billion. AQR Capital Management, LLC also increased its position by 901,599 shares, totaling 3,498,371 shares valued at about $1.1 billion.
Veeva Systems Inc. Stock Up 0.2%
Veeva Systems has a market cap of around $52.3 billion. The stock recently traded at $323.04, which is above its 50-day and 200-day moving averages, indicating a strong technical position. The shares are currently below their 52-week high of $325.99, but significantly above the 52-week low of $148.05.
$VEEV price target
Veeva Systems Inc. daily closes and this analyst's $350 target. Not advice.
Recent Earnings
Veeva Systems reported a trailing twelve-month revenue of approximately $3.46 billion and an EPS of $6.1. The company has seen a year-over-year revenue growth of 17.6%. Its next earnings report is scheduled for November 25, 2026.
Analysts Set New Price Targets
On October 26, 2026, Baird maintained its Outperform rating on Veeva Systems and raised its price target to $350 from $300. This aligns with a broader consensus, as the average price target among analysts is about $300.6, with 27 analysts covering the stock.
About Veeva Systems Inc.
Veeva Systems Inc. provides cloud-based software solutions for the life sciences industry. The company services clients across North America, Europe, Asia Pacific, and other regions, helping them manage their operations more effectively.
Bottom Line
Investors should watch for Veeva's upcoming earnings report on November 25, 2026, as it could provide more insights into the company's performance and future outlook. Baird's recent target raise reflects confidence in Veeva's growth potential in the healthcare sector.
Source: Baird's rating change on $VEEV (Oct 26, 2026). Written by software, not financial advice. How we make alerts