Veeva Systems: Fiscal 2025 Guide Points To Strong CAGR, But Details Matter
VEEVVeeva(VEEV) Seeking Alpha·2024-01-25 05:36

SOPA Images/LightRocket via Getty Images Investment Thesis Veeva Systems Inc. (NYSE:VEEV) has been a very volatile stock in the past 12 months. The stock is far from blemish-free. For one, there are significant questions over its sustainable go-forward revenue growth rates. On top of that, the previous 3 quarters have seen Veeva's non-GAAP operating margins compress. Despite these considerations, I declare that investors will in the next 12 months look back to $175 per share as an attractive entry point (bu ...