VEEV
Veeva Systems Inc. Technology - Healthcare Software Investor Relations →
Veeva Systems Inc. (VEEV) closed at $183.65 as of 2026-02-02, trading 12.7% below its 200-week moving average of $210.46. This places VEEV in the extreme value zone. The stock is currently moving closer to the line, down from -3.1% last week. With a 14-week RSI of 17, VEEV is in oversold territory.
Over the past 594 weeks of data, VEEV has crossed below its 200-week moving average 10 times. On average, these episodes lasted 22 weeks. Historically, investors who bought VEEV at the start of these episodes saw an average one-year return of +5.2%.
With a market cap of $30.2 billion, VEEV is a large-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 13.7%. The stock trades at 4.3x book value.
Share count has increased 5.4% over three years, indicating dilution.
Over the past 11.5 years, a hypothetical investment of $100 in VEEV would have grown to $668, compared to $426 for the S&P 500. That represents an annualized return of 18.0% vs 13.4% for the index — confirming VEEV as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 12.6% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: VEEV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After VEEV Crosses Below the Line?
Across 9 historical episodes, buying VEEV when it crossed below its 200-week moving average produced an average return of +15.0% after 12 months (median +10.0%), compared to +7.5% for the S&P 500 over the same periods. 62% of those episodes were profitable after one year. After 24 months, the average return was +67.2% vs +27.5% for the index.
Each line shows $100 invested at the moment VEEV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
VEEV has crossed below its 200-week MA 10 times with an average 1-year return of +5.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2014 | Nov 2014 | 9 | 13.0% | -15.9% | +539.0% |
| Dec 2014 | Feb 2015 | 8 | 9.7% | -8.1% | +542.4% |
| Mar 2015 | Dec 2015 | 42 | 15.2% | +8.6% | +645.6% |
| Jan 2016 | May 2016 | 19 | 25.5% | +64.8% | +616.5% |
| Feb 2022 | Jul 2022 | 20 | 18.9% | -4.1% | -2.2% |
| Aug 2022 | Mar 2024 | 82 | 29.1% | -8.4% | -11.1% |
| Apr 2024 | Nov 2024 | 34 | 23.5% | -0.5% | -14.5% |
| Dec 2024 | Jan 2025 | 2 | 1.6% | +5.0% | -14.2% |
| Mar 2025 | Apr 2025 | 1 | 0.1% | N/A | -14.1% |
| Jan 2026 | Ongoing | 2+ | 12.7% | Ongoing | -9.9% |
| Average | 22 | — | +5.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02