Veeva Systems (NYSE:VEEV): A Growth Stock Worth Watching in 2025

• Veeva Systems is a key player in the cloud-based software industry, focusing on the life sciences sector.
• Despite a price target set by Goldman Sachs indicating a potential decrease, VEEV's market performance suggests strong investor confidence.
• The company's significant market capitalization and trading volume on the NYSE:VEEV highlight its prominence and growth potential in the industry.

Veeva Systems (NYSE:VEEV) is a prominent player in the cloud-based software industry, primarily serving the life sciences sector. The company provides solutions for customer relationship management, content management, and data analytics, helping pharmaceutical and biotechnology companies streamline their operations. Veeva's competitors include companies like Oracle and Salesforce, which also offer cloud-based solutions.

On January 23, 2025, Gabriela Borges from Goldman Sachs set a price target of $200 for VEEV. At that time, VEEV was trading at $229.07, indicating a price difference of approximately -12.69% from the target. Despite this, Veeva Systems is considered a growth stock worth buying in 2025 and holding for the next decade, as highlighted by its current market performance.

In 2024, artificial intelligence (AI) was the most popular investment topic. However, as we move into 2025, Veeva Systems presents a compelling investment case outside of the AI sphere. The stock is currently priced at $229.07, reflecting an increase of 2.70% or $6.03. This suggests investor confidence in Veeva's growth potential, despite the ongoing focus on AI.

During the trading day, VEEV's stock fluctuated between a low of $224.04 and a high of $229.37. Over the past year, the stock has reached a high of $258.93 and a low of $170.25. This volatility indicates that while the stock has experienced ups and downs, it remains a strong contender in the market.

Veeva Systems has a market capitalization of approximately $37.19 billion, with a trading volume of 1,612,909 shares on the NYSE:VEEV. This substantial market cap and trading volume reflect the company's significant presence in the industry and investor interest in its long-term growth prospects.