|Bid||176.42 x 800|
|Ask||176.62 x 1000|
|Day's range||175.69 - 177.10|
|52-week range||151.02 - 232.26|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||58.36|
|Earnings date||30 May 2023 - 05 Jun 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||208.76|
Salesforce (NYSE: CRM) and Veeva Systems (NYSE: VEEV) represent two very different ways to invest in the cloud-based customer relationship management (CRM) market. Salesforce, the largest cloud-based CRM company in the world, provides its services to a wide range of industries. Veeva, which was founded by Salesforce's former senior VP of technology Peter Gassner, only provides CRM services to life science companies.
The life science industry's favorite cloud software provider recently exceeded expectations, but its forward outlook was softer than hoped.
Veeva Systems' (VEEV) Q4 results reflect impressive performances by both segments.