MEDIUM confidence: 100% data completeness, but the composite (59) sits in the indecisive 30–70 range — strong-buy and short calls require a more decisive composite. What does confidence mean?
Technical context for active traders — derived from price, the 50/200-day moving averages, the 52-week range, and recent volume. Not part of the QScore.
Fama-French 5-factor (2×3) + Momentum, monthly OLS with Newey-West errors. Bars show signed factor betas; faded bars/figures aren't statistically significant.
AI classification of policy/regulatory sensitivity from the company's sector, industry, and business description. Exposure/sensitivity only — not a political opinion, a prediction of government action, or investment advice. As of 2026-07-26.
Dated events from the market calendar; the “also watch” items are AI-generated observations from QScoring data. Informational only — not investment advice, and dates can change.
Avg target $305 (last qtr, 30 analysts) → $351 (last mo, 5) (+15.0%).
Buy-rated share 73% → 70% over ~3 months (-3pp).
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Aug 2026 | $2.23 | $2.35 | +5.4% |
| Jun 2026 | $2.14 | $2.24 | +4.7% |
| Mar 2026 | $1.94 | $2.06 | +6.2% |
| Nov 2025 | $1.95 | $2.04 | +4.6% |
| Aug 2025 | $1.90 | $1.99 | +4.7% |
| May 2025 | $1.74 | $1.97 | +13.2% |
| Mar 2025 | $1.60 | $1.74 | +8.7% |
| Dec 2024 | $1.58 | $1.75 | +10.8% |
Net buyback (repurchases less issuance) ÷ market cap, plus trailing dividend yield.
Working the DCF backward: holding the assumptions below, this is the free-cash-flow growth today's price implies over the next 10 years. It is a read on the price's embedded expectations — not a fair-value or target price.
The price implies FCF growth above the analyst consensus of 12.2%/yr (revenue basis).
Base free cash flow $1.1B (avg FY2024–FY2026; latest year $1.4B) · equity value $50.7B · levered FCF discounted at the cost of equity. Reverse DCF is illustrative, not advice.
| Metric (USD) | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $1.9B— | $2.2B+16.4% | $2.4B+9.7% | $2.7B+16.2% | $3.2B+16.3% |
| EPS (dil.) | $2.63— | $3.00+14.1% | $3.22+7.3% | $4.32+34.2% | $5.44+25.9% |
| Free Cash Flow | $750M— | $767M+2.2% | $885M+15.4% | $1.1B+20.8% | $1.4B+29.6% |
| Gross Margin | 72.8% | 71.7%-1.1pp | 71.3%-0.4pp | 74.5%+3.2pp | 75.5%+1.0pp |
| Operating Margin | 27.3% | 21.3%-6.0pp | 18.2%-3.1pp | 25.2%+7.0pp | 28.7%+3.5pp |
| Net Margin | 23.1% | 22.6%-0.5pp | 22.2%-0.4pp | 26.0%+3.8pp | 28.4%+2.4pp |
Absolute figures with year-over-year change. Margins show the level with the change in percentage points (pp). “n/m” = not meaningful (prior ≤ 0); ⚠ marks a large percentage off a small base — read the dollar figure.
Net insider -$16.2M over 180 days (0 open-market buys, 12 sells). Insider buying is the informative signal; routine selling is normal.
Short interest, days-to-cover, and institutional-ownership change require a data-plan upgrade (not yet available).
Forward-return IC, quintile spread & hit rate publish on /performance as the tracking panel accrues enough no-look-ahead history.
The QScore of 59 for Veeva Systems indicates a moderately positive outlook, driven by strong momentum and low risk factors. The stock exhibits strong momentum, scoring 67, with a notable 51.7% return over the past three months and a bullish 50-day versus 200-day moving average trend. In contrast, value and growth scores are lower, at 48 and 47, respectively, due to a high P/E of 50.4 and moderate revenue growth of 16.3%. The short-term score is slightly higher than the long-term score, at 62 versus 56.