On June 26, Veeva Systems rose 5.06% in regular trading, trading at $165.79/share, with turnover of $43.90 million. On the news front, the company launched a new EHS (Environment, Health, and Safety) application on June 25, designed to restructure enterprise compliance and intelligent risk management capabilities for life sciences companies.
The move follows a strong fiscal Q1 report earlier in June, where the company posted adjusted EPS of $2.24, beating the $2.13 consensus estimate by over 5%, while revenue of $882.9 million surpassed the $857.7 million expectation. Full-year fiscal 2027 adjusted EPS guidance was raised to $9.05, well above the $8.86 analyst consensus. JPMorgan maintained its Overweight rating on June 25, with the stock carrying an average analyst rating of overweight and a mean price target of $241.43.
Within the Health Care Technology sector, stocks broadly advanced, with Schrodinger up 6.63%, Waystar Holding up 3.90%, Teladoc Health up 3.54%, HeartFlow up 2.26%, and Doximity up 2.54%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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