NYSE:VEEV 20 November 2025 - 4 June 2026

Veeva Systems Inc. shares dropped after hours Wednesday. The life-sciences software firm topped quarterly estimates and boosted its full-year forecast, but that didn’t move investors looking for more than just earnings numbers in line.

Veeva Systems Inc guided for fiscal 2027 revenue between $3.585 billion and $3.600 billion, targeting first-quarter sales of $855 million to $858 million. In the fourth quarter, revenue climbed 16% to $836 million, with subscription revenue hitting $707.7 million. Adjusted earnings, which strip out stock-based compensation and other items, landed at $2.06 a share. “Results exceeded our guidance across the board,” CFO Brian Van Wagener said. CEO Peter Gassner flagged the company’s pivot to “agentic” software — AI agents that take action within applications — as a “substantial opportunity” as Veeva launches its updated Vault CRM and introduces AI agents, the first of which debuted in December.