ET 14:38

Veeva Systems (VEEV) Seen Posting Slower Revenue Growth in Q1 Report Wednesday

IMP5.5
SNT+0.2
CONF45%
Earnings

Veeva Systems (NYSE:VEEV) will report fiscal first-quarter results after the market closes on Wednesday, June 3, 2026, with revenue expected to rise 13% year over year, a slowdown from 16.7% growth a year earlier. The life sciences cloud software provider’s stock has climbed 10.8% over the past month amid broad sector strength. In the prior quarter, Veeva beat estimates with revenue of $836 million, up 16% year over year, and issued full-year earnings guidance above expectations. Analyst estimates have remained stable over the past 30 days, signaling confidence heading into the release. Rival vertical software firms Doximity and Q2 Holdings both saw their shares decline after recent quarterly reports despite meeting or slightly beating revenue expectations. The vertical software segment has rallied 16.4% on average over the last month. Veeva shares closed at $188.60 ahead of the report, well below the average analyst price target of $262.68.

EditorTan Wei Jie