Veeva Systems Analysts Increase Their Forecasts After Better-Than-Expected Q2 Results
1. Veeva's Q2 earnings exceeded expectations with $1.99 EPS versus $1.90 expected. 2. Quarterly sales also surpassed estimates at $789.081 million compared to $768.417 million. 3. Veeva raised FY2026 EPS guidance from $7.63 to $7.78, boosting investor confidence. 4. Several analysts raised their price targets, indicating positive market sentiment. 5. Despite strong earnings, Veeva shares fell 5.5%, ending at $277.31.