The Disciplined Growth Investor

The Disciplined Growth Investor

The DG Portfolio

Veeva: Impressive Moat, Margins, AI Momentum

Mark Hines's avatar
Mark Hines
Jun 03, 2025
∙ Paid

Veeva Software (VEEV) is dominating in a large TAM industry (life sciences) with its software-as-a-Service solutions benefiting from high margins and AI momentum. This report takes a closer look at the business (post this quarter’s powerful earnings report), competitive moat, AI opportunities, growth, valuation and risks, and then concludes with my strong opinion on investing.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Mark Hines · Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture