PerpEquities

Equity

Veeva Systems Inc. (VEEV) perpetual futures

VEEV perpetual futures on 3 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade VEEVUSDT.

Veeva Systems provides cloud-based software and services exclusively for the global life sciences industry, including commercial and R&D solutions.

$322.82+0.6%NYSE closed
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Collecting venue price data...
venue perp mark · BingX (VEEV-USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

3/3 live markets
Venues
3
Live markets
3/3
24h volume
$148.8KCoverage: 2/3 marketsExchange-reported volume: $1.4M
Open interest
$599.6K
Best liquidity
$404K
BingX
Tightest spread
+6.8 bps
Bitget
Highest volume
$103.4K
MEXC
Settlement mix
USDT · 3/3
Perp/spot vol.
0.00x
Spot volume $463.4M
OI / float
0.00%
Float $47.9B
Spot performance
1D+0.62%
5D+0.81%
1M+23.63%
6M+96.94%
YTD+44.49%
1Y+11.25%

Venue matrix

3 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeVEEV/USDTTrading$322.14+483.8% APR
+0.442% every 8h
+45.3 bps$241.4K$103.4K$523.9KUSDT20x
BitgetTradeVEEV/USDTTrading$323.03+484.9% APR
+0.443% every 8h
+6.8 bps-$45.4K$72.8KUSDT20x
BingXTradeVEEV-USDTTrading$322.82+332.9% APR
+0.304% every 8h
+25.4 bps$404K$1.3M⚠$3KUSDT-

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 2 of 3 venues absorb $10k · Typical cost: +37.6 bps – +44.3 bps

Cheapest execution: MEXC · +34.3 bps

No fresh book data: Bitget

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

VEEV

Tightest spread

VEEV

Highest volume

VEEV

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 117h ago
Market cap
$50.3B
Updated 117h ago
Revenue
$3.5B
Trailing 12 months
Revenue growth
+16%
Next fiscal year
Profit margin
+29.3%
P/E
50.0
Peer P/E 34.2
Free cash flow
$1.6B
Trailing 12 months
More metrics
Net income
$1B
Trailing 12 months
P/S
14.5
Peer P/E
34.2
Similar listed perps
Revenue estimate
$3.7B
Next fiscal year
Earnings
2026-11-25
Revenue est. $935M · Updated 117h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$3.2B
Net margin+28.4%
Free cash flow$1.4B
Net debt-$1.3B
2021$1.5B
2022$1.9B
2023$2.2B
2024$2.4B
2025$2.7B
2026$3.2B
PeriodRevenueGrowthNet incomeFCF
2021$1.5B+33%$380M$542.6M
2022$1.9B+26%$427.4M$750.2M
2023$2.2B+16%$487.7M$767M
2024$2.4B+10%$525.7M$885.1M
2025$2.7B+16%$714.1M$1.1B
2026$3.2B+16%$908.9M$1.4B
PeriodGross marginOperating marginNet marginROEROA
2021+72.1%+25.8%+25.9%+16.8%+12.5%
2022+72.8%+27.3%+23.1%+14.7%+11.2%
2023+71.7%+21.3%+22.6%+13.1%+10.2%
2024+71.3%+18.2%+22.2%+11.3%+8.9%
2025+74.5%+25.2%+26.0%+12.2%+9.7%
2026+75.5%+28.7%+28.4%+12.6%+10.1%
PeriodCashDebtNet debtCurrent ratio
2021$730.5M$63.1M-$667.4M3.23
2022$1.1B$54.6M-$1.1B3.70
2023$886.5M$61M-$825.5M3.94
2024$703.5M$55.8M-$647.7M4.24
2025$1.1B$75.8M-$1B4.51
2026$1.4B$95.9M-$1.3B4.89
PeriodMarket capEnterprise valueP/SP/E
2021$42.6B$42B29.1112.3
2022$36.2B$35.2B19.684.8
2023$26.5B$25.7B12.354.3
2024$33.3B$32.6B14.163.4
2025$37.8B$36.7B13.752.9
2026$33.4B$32B10.436.7
Q3 2025$699.2M
Q4 2025$720.9M
Q1 2026$759M
Q2 2026$789.1M
Q3 2026$811.2M
Q4 2026$836M
Q1 2027$882.9M
Q2 2027$928M
PeriodRevenueGrowthNet incomeFCF
Q3 2025$699.2M+13%$185.8M$159.8M
Q4 2025$720.9M+14%$195.6M$64.8M
Q1 2026$759M+17%$228.2M$871.2M
Q2 2026$789.1M+17%$200.3M$232.1M
Q3 2026$811.2M+16%$236.2M$186.5M
Q4 2026$836M+16%$244.2M$99.8M
Q1 2027$882.9M+16%$260.9M$1.1B
Q2 2027$928M+18%$273.4M$230.7M
PeriodGross marginOperating marginNet marginROEROA
Q3 2025+75.1%+25.9%+26.6%+3.4%+2.9%
Q4 2025+74.9%+26.1%+27.1%+3.4%+2.7%
Q1 2026+77.1%+30.8%+30.1%+3.7%+2.9%
Q2 2026+75.3%+24.8%+25.4%+3.0%+2.5%
Q3 2026+75.4%+29.7%+29.1%+3.4%+2.9%
Q4 2026+74.5%+29.4%+29.2%+3.4%+2.7%
Q1 2027+75.0%+30.9%+29.6%+3.6%+2.9%
Q2 2027+75.0%+29.6%+29.5%+3.7%+3.0%
PeriodCashDebtNet debtCurrent ratio
Q3 2025$1B$71.7M-$972.8M6.36
Q4 2025$1.1B$75.8M-$1B4.51
Q1 2026$2B$77.2M-$1.9B4.60
Q2 2026$1.9B$85.4M-$1.8B5.57
Q3 2026$1.7B$89.8M-$1.6B7.53
Q4 2026$1.4B$95.9M-$1.3B4.89
Q1 2027$1.9B$103.1M-$1.8B4.74
Q2 2027$1.8B$151.7M-$1.7B5.46
PeriodMarket capEnterprise valueP/SP/E
Q3 2025$33.8B$32.9B48.445.4
Q4 2025$37.9B$36.8B52.548.6
Q1 2026$38B$36.1B50.141.7
Q2 2026$46.4B$44.5B58.857.8
Q3 2026$47.7B$46.1B58.850.6
Q4 2026$33.5B$32.2B40.134.2
Q1 2027$25.5B$23.7B28.924.4
Q2 2027$33.1B$31.4B35.730.3

Refreshed 117h ago

Charts: revenue, profit, cash flow & valuation
Revenue$928MQ2 2027
$232M$464M$696M$928MQ3 2024: $616.5MQ4 2024: $630.6MQ1 2025: $650.3MQ2 2025: $676.2MQ3 2025: $699.2MQ4 2025: $720.9MQ1 2026: $759MQ2 2026: $789.1MQ3 2026: $811.2MQ4 2026: $836MQ1 2027: $882.9MQ2 2027: $928MQ3 2024Q2 2027
Net income$273.4MQ2 2027
$68.4M$136.7M$205.1M$273.4MQ3 2024: $135.2MQ4 2024: $147.4MQ1 2025: $161.7MQ2 2025: $171MQ3 2025: $185.8MQ4 2025: $195.6MQ1 2026: $228.2MQ2 2026: $200.3MQ3 2026: $236.2MQ4 2026: $244.2MQ1 2027: $260.9MQ2 2027: $273.4MQ3 2024Q2 2027
EBITDA$360.4MQ2 2027
$90.1M$180.2M$270.3M$360.4MQ3 2024: $179MQ4 2024: $192.4MQ1 2025: $215.4MQ2 2025: $236.1MQ3 2025: $252.2MQ4 2025: $258.3MQ1 2026: $308.6MQ2 2026: $275.5MQ3 2026: $322.5MQ4 2026: $328.9MQ1 2027: $284.7MQ2 2027: $360.4MQ3 2024Q2 2027
Free cash flow$230.7MQ2 2027
$281.3M$562.7M$844M$1.1BQ3 2024: $76.7MQ4 2024: $50MQ1 2025: $755MQ2 2025: $89.8MQ3 2025: $159.8MQ4 2025: $64.8MQ1 2026: $871.2MQ2 2026: $232.1MQ3 2026: $186.5MQ4 2026: $99.8MQ1 2027: $1.1BQ2 2027: $230.7MQ3 2024Q2 2027
EPS$1.66Q2 2027
$0.42$0.83$1.24$1.66Q3 2024: $0.83Q4 2024: $0.9Q1 2025: $0.98Q2 2025: $1.04Q3 2025: $1.13Q4 2025: $1.17Q1 2026: $1.37Q2 2026: $1.19Q3 2026: $1.4Q4 2026: $1.45Q1 2027: $1.57Q2 2027: $1.66Q3 2024Q2 2027
Cash / Debt$1.8BQ2 2027
$491.2M$982.5M$1.5B$2BQ3 2024 · Cash: $743.7MQ3 2024 · Debt: $57.7MQ4 2024 · Cash: $703.5MQ4 2024 · Debt: $55.8MQ1 2025 · Cash: $1.2BQ1 2025 · Debt: $55.7MQ2 2025 · Cash: $1.2BQ2 2025 · Debt: $54.1MQ3 2025 · Cash: $1BQ3 2025 · Debt: $71.7MQ4 2025 · Cash: $1.1BQ4 2025 · Debt: $75.8MQ1 2026 · Cash: $2BQ1 2026 · Debt: $77.2MQ2 2026 · Cash: $1.9BQ2 2026 · Debt: $85.4MQ3 2026 · Cash: $1.7BQ3 2026 · Debt: $89.8MQ4 2026 · Cash: $1.4BQ4 2026 · Debt: $95.9MQ1 2027 · Cash: $1.9BQ1 2027 · Debt: $103.1MQ2 2027 · Cash: $1.8BQ2 2027 · Debt: $151.7MQ3 2024Q2 2027
CashDebt
Profitability+75.0%Q2 2027
+19.3%+38.5%+57.8%+77.1%Q3 2024 · Gross margin: +72.8%Q4 2024 · Gross margin: +72.4%Q1 2025 · Gross margin: +73.3%Q2 2025 · Gross margin: +74.8%Q3 2025 · Gross margin: +75.1%Q4 2025 · Gross margin: +74.9%Q1 2026 · Gross margin: +77.1%Q2 2026 · Gross margin: +75.3%Q3 2026 · Gross margin: +75.4%Q4 2026 · Gross margin: +74.5%Q1 2027 · Gross margin: +75.0%Q2 2027 · Gross margin: +75.0%Q3 2024 · Operating margin: +20.8%Q4 2024 · Operating margin: +21.4%Q1 2025 · Operating margin: +23.9%Q2 2025 · Operating margin: +24.6%Q3 2025 · Operating margin: +25.9%Q4 2025 · Operating margin: +26.1%Q1 2026 · Operating margin: +30.8%Q2 2026 · Operating margin: +24.8%Q3 2026 · Operating margin: +29.7%Q4 2026 · Operating margin: +29.4%Q1 2027 · Operating margin: +30.9%Q2 2027 · Operating margin: +29.6%Q3 2024 · Net margin: +21.9%Q4 2024 · Net margin: +23.4%Q1 2025 · Net margin: +24.9%Q2 2025 · Net margin: +25.3%Q3 2025 · Net margin: +26.6%Q4 2025 · Net margin: +27.1%Q1 2026 · Net margin: +30.1%Q2 2026 · Net margin: +25.4%Q3 2026 · Net margin: +29.1%Q4 2026 · Net margin: +29.2%Q1 2027 · Net margin: +29.6%Q2 2027 · Net margin: +29.5%Q3 2024Q2 2027
Gross marginOperating marginNet margin
Revenue growth+17.6%Q2 2027
+4.4%+8.8%+13.2%+17.6%Q3 2025: +13.4%Q4 2025: +14.3%Q1 2026: +16.7%Q2 2026: +16.7%Q3 2026: +16.0%Q4 2026: +16.0%Q1 2027: +16.3%Q2 2027: +17.6%Q3 2024Q2 2027
Shares outstanding165.1MQ2 2027
42.1M84.1M126.2M168.3MQ3 2024: 163.8MQ4 2024: 164.1MQ1 2025: 164.4MQ2 2025: 164.6MQ3 2025: 165MQ4 2025: 165.7MQ1 2026: 166.2MQ2 2026: 167.3MQ3 2026: 168MQ4 2026: 168.3MQ1 2027: 166MQ2 2027: 165.1MQ3 2024Q2 2027
Valuation30.3Q2 2027
14.729.444.158.8Q3 2024 · P/E: 57.4Q4 2024 · P/E: 56.4Q1 2025 · P/E: 49.6Q2 2025 · P/E: 45.3Q3 2025 · P/E: 45.4Q4 2025 · P/E: 48.6Q1 2026 · P/E: 41.7Q2 2026 · P/E: 57.8Q3 2026 · P/E: 50.6Q4 2026 · P/E: 34.2Q1 2027 · P/E: 24.4Q2 2027 · P/E: 30.3Q3 2024 · P/S: 50.3Q4 2024 · P/S: 53.0Q1 2025 · P/S: 49.3Q2 2025 · P/S: 45.9Q3 2025 · P/S: 48.4Q4 2025 · P/S: 52.5Q1 2026 · P/S: 50.1Q2 2026 · P/S: 58.8Q3 2026 · P/S: 58.8Q4 2026 · P/S: 40.1Q1 2027 · P/S: 28.9Q2 2027 · P/S: 35.7Q3 2024Q2 2027
P/EP/S
Revenue$3.2B2026
$798.8M$1.6B$2.4B$3.2B2019: $862.2M2020: $1.1B2021: $1.5B2022: $1.9B2023: $2.2B2024: $2.4B2025: $2.7B2026: $3.2B20192026
Net income$908.9M2026
$227.2M$454.5M$681.7M$908.9M2019: $229.8M2020: $301.1M2021: $380M2022: $427.4M2023: $487.7M2024: $525.7M2025: $714.1M2026: $908.9M20192026
EBITDA$1.2B2026
$311.2M$622.5M$933.7M$1.2B2019: $236.9M2020: $312.8M2021: $417.1M2022: $549.3M2023: $546.8M2024: $625.2M2025: $958.8M2026: $1.2B20192026
Free cash flow$1.4B2026
$346.5M$693M$1B$1.4B2019: $302.4M2020: $434.3M2021: $542.6M2022: $750.2M2023: $767M2024: $885.1M2025: $1.1B2026: $1.4B20192026
EPS$5.442026
$1.36$2.72$4.08$5.442019: $1.472020: $1.92021: $2.362022: $2.632023: $32024: $3.222025: $4.322026: $5.4420192026
Cash / Debt$1.4B2026
$355.3M$710.6M$1.1B$1.4B2019 · Cash: $551M2019 · Debt: $02020 · Cash: $476.7M2020 · Debt: $54.8M2021 · Cash: $730.5M2021 · Debt: $63.1M2022 · Cash: $1.1B2022 · Debt: $54.6M2023 · Cash: $886.5M2023 · Debt: $61M2024 · Cash: $703.5M2024 · Debt: $55.8M2025 · Cash: $1.1B2025 · Debt: $75.8M2026 · Cash: $1.4B2026 · Debt: $95.9M20192026
CashDebt
Profitability+75.5%2026
+18.9%+37.8%+56.6%+75.5%2019 · Gross margin: +71.6%2020 · Gross margin: +72.5%2021 · Gross margin: +72.1%2022 · Gross margin: +72.8%2023 · Gross margin: +71.7%2024 · Gross margin: +71.3%2025 · Gross margin: +74.5%2026 · Gross margin: +75.5%2019 · Operating margin: +25.8%2020 · Operating margin: +25.9%2021 · Operating margin: +25.8%2022 · Operating margin: +27.3%2023 · Operating margin: +21.3%2024 · Operating margin: +18.2%2025 · Operating margin: +25.2%2026 · Operating margin: +28.7%2019 · Net margin: +26.7%2020 · Net margin: +27.3%2021 · Net margin: +25.9%2022 · Net margin: +23.1%2023 · Net margin: +22.6%2024 · Net margin: +22.2%2025 · Net margin: +26.0%2026 · Net margin: +28.4%20192026
Gross marginOperating marginNet margin
Revenue growth+16.3%2026
+8.2%+16.3%+24.5%+32.7%2020: +28.1%2021: +32.7%2022: +26.3%2023: +16.4%2024: +9.7%2025: +16.2%2026: +16.3%20192026
Shares outstanding167M2026
41.7M83.5M125.2M167M2019: 156.1M2020: 158.3M2021: 160.7M2022: 162.3M2023: 162.4M2024: 163.5M2025: 165.2M2026: 167M20192026
Valuation36.72026
28.156.184.2112.32019 · P/E: 68.62020 · P/E: 71.92021 · P/E: 112.32022 · P/E: 84.82023 · P/E: 54.32024 · P/E: 63.42025 · P/E: 52.92026 · P/E: 36.72019 · P/S: 18.22020 · P/S: 19.62021 · P/S: 29.12022 · P/S: 19.62023 · P/S: 12.32024 · P/S: 14.12025 · P/S: 13.72026 · P/S: 10.420192026
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-25
Revenue est. $935M · Updated 117h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20279.24$3.7B+16%17
FY 202810.27$4.1B+30%16
FY 202911.54$4.6B+45%8
FY 203012.71$5.1B+61%3
FY 203114.42$5.8B+81%4
Q2 20272.45$990.1M+7%12

Company events

6
2026-11-25EarningsActual - / Estimate 2.33-
2026-08-26EarningsActual 2.35 / Estimate 2.23Beat
2026-06-03EarningsActual 2.24 / Estimate 2.14Beat
2026-03-04EarningsActual 2.06 / Estimate 1.94Beat
2025-11-20EarningsActual 2.04 / Estimate 1.95Beat
2025-08-27EarningsActual 1.99 / Estimate 1.9Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering VEEV have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings147492
Analysts3038
Buy / hold / sell109 / 31 / 7340 / 120 / 32
Upgrades / downgrades / initiations3 / 2 / 46 / 4 / 9
Price targets hit / missed106 / 26 (80%)385 / 55 (88%)
Avg. return after a rating (TipRanks)+18.4%+26.9%
Best / worst call+95.5% / -15.1%+101.6% / -15.1%

After buy calls on this stock: median 21-day move +1.0% vs S&P 500 +0.5% (n = 353)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Stan BerenshteynWells Fargo96% hit rate on this stock · 26 targets measuredBuytarget $330Sep 30, 2026
  2. Saket KaliaBarclays86% hit rate on this stock · 29 targets measuredBuytarget $360Oct 19, 2026
  3. David GrossmanStifel Nicolaus83% hit rate on this stock · 12 targets measuredBuytarget $300Aug 27, 2026

Latest ratings

DateAnalystCallTarget
Oct 19, 2026Saket KaliaBarclaysBuyMaintained$360
Oct 19, 2026Saket KaliaBarclaysBuyMaintained$360
Oct 9, 2026Joseph VruwinkRobert W. BairdBuyMaintained$300
Oct 9, 2026Joseph VruwinkRobert W. BairdBuyMaintained$300
Sep 30, 2026Stan BerenshteynWells FargoBuyMaintained$330
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$160$180$200$220$240$260$280$300$320Nov 25 · Buy 18 · Hold 8 · Sell 1Nov 25Dec 25 · Buy 18 · Hold 7 · Sell 1Jan 26 · Buy 19 · Hold 6 · Sell 2Jan 26Feb 26 · Buy 18 · Hold 7 · Sell 1Mar 26 · Buy 18 · Hold 7 · Sell 1Mar 26Apr 26 · Buy 15 · Hold 8 · Sell 1May 26 · Buy 15 · Hold 8 · Sell 1May 26Jun 26 · Buy 16 · Hold 7 · Sell 1Jul 26 · Buy 18 · Hold 7 · Sell 1Jul 26Aug 26 · Buy 19 · Hold 7 · Sell 2Sep 26 · Buy 19 · Hold 6 · Sell 2Sep 26Oct 26 · Buy 19 · Hold 6 · Sell 2Nov 25 · avg. target $317Dec 25 · avg. target $319Jan 26 · avg. target $315Feb 26 · avg. target $297Mar 26 · avg. target $276Apr 26 · avg. target $264May 26 · avg. target $264Jun 26 · avg. target $245Jul 26 · avg. target $244Aug 26 · avg. target $285Sep 26 · avg. target $283Oct 26 · avg. target $283Nov 25 · month-end close $240Dec 25 · month-end close $223Jan 26 · month-end close $204Feb 26 · month-end close $182Mar 26 · month-end close $176Apr 26 · month-end close $156May 26 · month-end close $174Jun 26 · month-end close $177Jul 26 · month-end close $204Aug 26 · month-end close $286Sep 26 · month-end close $285Oct 26 · month-end close $310

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Oct 23, 2026 · 147 ratings

Frequently asked questions

Where can I trade VEEV perpetual futures?

Veeva Systems Inc. (VEEV) perpetual futures trade on 3 crypto venues, including BingX, MEXC, Bitget. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade VEEV around the clock?

Yes. Unlike the underlying stock, VEEV perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on VEEV perpetuals?

Right now the VEEV perp funding rate is +483.8% annualized (venue median), ranging from +332.9% to +484.9% across 3 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the VEEV perp price compare to the Veeva Systems Inc. stock?

The venue-median VEEV perp mark is $322.8 versus a reference stock price of $322.8, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a VEEV perpetual future?

A VEEV perpetual is a derivative that tracks the price of Veeva Systems Inc. with no expiry date. It lets you take long or short exposure to Veeva Systems Inc. on crypto venues, around the clock.

What is VEEVUSDT perpetual?

VEEVUSDT is the symbol most crypto exchanges use for the Veeva Systems Inc. perpetual settled in USDT (Tether). It tracks the VEEV share price through an index, trades 24/7 with leverage and never expires.

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Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

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