10 Best Debt-Free American Stocks to Invest In

6. Veeva Systems Inc. (NYSE:VEEV)

On June 4, 2026, Mizuho analyst Steven Valiquette lowered the firm’s price target on Veeva Systems Inc. (NYSE:VEEV) to $270 from $295 and maintained an Outperform rating on the shares. Valiquette updated Mizuho’s model following the Q1 report and cited longer-term AI disruption risk for the target cut.

Also on June 4, TD Cowen lowered the firm’s price target on Veeva Systems Inc. (NYSE:VEEV) to $235 from $300 and maintained a Buy rating on the shares. The firm said the fiscal Q1 revenue beat and guidance raise suggest management expects solid Q1 performance to continue through the rest of FY27. TD Cowen said there is upside to Veeva’s raised guidance, though the “bigger question” is whether the company could see more Top 20 CRM losses to Salesforce (CRM).

Meanwhile, Wells Fargo raised the firm’s price target on Veeva Systems Inc. (NYSE:VEEV) to $320 from $317 and maintained an Overweight rating on the shares. Wells Fargo cited the Q1 beat and raise. The firm also said AI monetization is promising, but needs validation to overcome CRM headline risk and margin outlook overhang.

On June 3, 2026, Veeva Systems Inc. (NYSE:VEEV) reported Q1 non-GAAP EPS of $2.24, compared with consensus of $2.14, and revenue of $882.9M, compared with consensus of $857.73M. Q1 subscription revenue was $730.2M, up 15% year-over-year from $634.8M. CEO Peter Gassner said Veeva is moving from an industry-specific application company to an industry-specific application and AI agent company.

Veeva Systems Inc. (NYSE:VEEV) provides cloud-based software for the life sciences industry worldwide.

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