Veeva Systems (VEEV) Retreated Following Management’s Competitive Losses Disclosure

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The fourth quarter of 2025 saw mixed results for midcap stocks. Among the style indexes, the Russell Midcap® Growth Index decreased by 3.70%, while the Russell Midcap® Value Index rose by 1.41%. In the growth index, materials achieved the highest absolute return at 17.51%. However, due to their smaller weight in the index, their contribution to overall returns was limited. The healthcare (up 1.13%) and real estate (up 0.24%) sectors were the only other positive contributing sectors. Midcap stocks generated positive returns in 2025 but trailed their 2024 annual returns. The Russell Midcap Growth Index rose by 8.66%, trailing the Russell Midcap Value Index’s 11.04% return. In the growth index, utilities recorded the highest absolute return among all sectors, up 29.40%. The firm anticipates a favorable year ahead for equity markets. The letter outlined potential opportunities in Cyclicals, Healthcare, Information Technology, Financials, and Consumer Spending sectors through 2026. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.In its fourth-quarter 2025 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted stocks like Veeva Systems Inc. (NYSE:VEEV). Veeva Systems Inc. (NYSE:VEEV) is a technology company that provides a cloud-based software platform for the life sciences industry. On March 3, 2026, Veeva Systems Inc. (NYSE:VEEV) stock closed at $185.91 per share. One-month return of Veeva Systems Inc. (NYSE:VEEV) was -2.51%, and its shares lost 15.47% over the past 52 weeks. Veeva Systems Inc. (NYSE:VEEV) has a market capitalization of $30.56 billion.Carillon Eagle Mid Cap Growth Fund stated the following regarding Veeva Systems Inc. (NYSE:VEEV) in its fourth quarter 2025 investor letter:"Veeva Systems Inc. (NYSE:VEEV) provides cloud-based software solutions for the life sciences industry. The stock struggled after third quarter results, as management acknowledged competitive losses despite otherwise solid performance. The company has introduced a suite of AI products aimed at mitigating these losses and sees opportunities to win back customers given its broad product portfolio. With its deep expertise in life sciences and a comprehensive platform, we believe Veeva remains well positioned to continue capturing market share."Why Veeva Systems Inc. (VEEV) Surged On ThursdayVeeva Systems Inc. (NYSE:VEEV) is not on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 75 hedge fund portfolios held Veeva Systems Inc. (NYSE:VEEV) at the end of the fourth quarter, compared to 57 in the previous quarter. While we acknowledge the potential of Veeva Systems Inc. (NYSE:VEEV) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,834.75 +10.00 (+0.15%)Dow Futures48,574.00 +14.00 (+0.03%)Nasdaq Futures24,829.00 +73.25 (+0.30%)Russell 2000 Futures2,624.40 +12.30 (+0.47%)VIX23.19 -0.38 (-1.61%)Gold5,189.10 +65.40 (+1.28%)Trending tickersBTC-USD Bitcoin USD 71,461.27 +4,250.35 (+6.32%)MOBX Mobix Labs, Inc. 1.1200 +0.9430 (+532.77%)MSTR Strategy Inc 132.68 -4.97 (-3.61%)ETH-USD Ethereum USD 2,065.19 +109.34 (+5.59%)CRWD CrowdStrike Holdings, Inc. 391.42 +6.56 (+1.70%)PortfolioSign in to access your portfolioSign inTop gainersKTB Kontoor Brands, Inc. 78.18 +13.36 (+20.61%)INGM Ingram Micro Holding Corporation 24.41 +3.06 (+14.33%)INTA Intapp, Inc. 26.14 +2.70 (+11.52%)TDW Tidewater Inc. 87.67 +7.80 (+9.77%)AVAV AeroVironment, Inc. 228.30 +19.98 (+9.59%)Top losersMDB MongoDB, Inc. 252.73 -72.28 (-22.24%)STNE StoneCo Ltd. 13.73 -3.30 (-19.38%)LIF Life360, Inc. 43.97 -9.82 (-18.26%)SE Sea Limited 87.82 -17.39 (-16.53%)ALG Alamo Group Inc. 184.78 -33.69 (-15.42%)Most activePLUG Plug Power Inc. 2.2300 +0.4200 (+23.20%)NVDA NVIDIA Corporation 180.05 -2.32 (-1.27%)ONDS Ondas Inc. 10.02 -0.65 (-6.09%)AAL American Airlines Group Inc. 12.46 -0.06 (-0.48%)F Ford Motor Company 12.70 -0.69 (-5.15%)Top economic eventsEarnings eventsMy earnings eventsEarnings events