More Upside For Veeva Stock?

1. Veeva's Q1 FY2026 earnings surpassed estimates, driving a 16% stock surge. 2. Revenue grew 17% YoY, with subscription revenues increasing 19% to $635 million. 3. High valuations raise concerns despite solid earnings, making VEEV susceptible to market volatility. 4. Veeva’s current P/S ratio of 16 is well above the S&P 500's 3.0. 5. Historically, VEEV has shown high volatility during market downturns, especially in 2022.