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NASDAQ:VERI

Veritone (VERI) Stock Price, News & Analysis

$2.86
-0.03 (-1.04%)
(As of 09/6/2024 ET)
Today's Range
$2.75
$2.92
50-Day Range
$2.25
$3.84
52-Week Range
$1.48
$7.76
Volume
308,123 shs
Average Volume
1.41 million shs
Market Capitalization
$109.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.25

Veritone MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.5% Downside
$2.25 Price Target
Short Interest
Bearish
15.83% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.87
Upright™ Environmental Score
News Sentiment
0.36mentions of Veritone in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.00 out of 5 stars

Business Services Sector

257th out of 303 stocks

Data Processing & Preparation Industry

47th out of 56 stocks

VERI stock logo

About Veritone Stock (NASDAQ:VERI)

Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.

VERI Stock Price History

VERI Stock News Headlines

Veritone, Inc. (0LP5.L)
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See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NASDAQ:VERI
Fax
N/A
Employees
550
Year Founded
2014

Price Target and Rating

Average Stock Price Target
$2.25
High Stock Price Target
$2.25
Low Stock Price Target
$2.25
Potential Upside/Downside
-21.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-58,620,000.00
Pretax Margin
-47.20%

Debt

Sales & Book Value

Annual Sales
$127.56 million
Book Value
($0.15) per share

Miscellaneous

Free Float
27,732,000
Market Cap
$109.10 million
Optionable
Optionable
Beta
3.29

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Key Executives

  • Mr. Ryan Scott Steelberg (Age 50)
    Co-Founder, CEO, President & Chairman
    Comp: $595.75k
  • Mr. Chad E. Steelberg (Age 52)
    Co-Founder
    Comp: $1.01M
  • Mr. Michael L. Zemetra (Age 53)
    Executive VP, Chief Financial Officer & Treasurer
    Comp: $325k
  • Mr. Scott Bogdan
    Senior Vice President of Operations
  • Mr. Fleming Meng
    Chief Information Officer
  • Mr. Brian Matthew Alger C.F.A.
    Senior Vice President of Corporate Development & Investor Relations
  • Mr. Thor Valdmanis
    Senior Vice President of Corporate Communications
  • Mr. Seth K. Greenberg (Age 60)
    Chief Marketing & Strategy Officer
  • Mr. Drew Hilles
    Senior Vice President of Veritone Media
  • Mr. John A. Ganley (Age 76)
    Senior Advisor to the Chief Executive Officer
    Comp: $247.41k

VERI Stock Analysis - Frequently Asked Questions

How have VERI shares performed this year?

Veritone's stock was trading at $1.81 on January 1st, 2024. Since then, VERI shares have increased by 58.3% and is now trading at $2.8650.
View the best growth stocks for 2024 here
.

How were Veritone's earnings last quarter?

Veritone, Inc. (NASDAQ:VERI) issued its quarterly earnings results on Thursday, August, 8th. The company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $30.99 million for the quarter. Veritone had a negative net margin of 42.56% and a negative trailing twelve-month return on equity of 222.47%.

What is Chad Steelberg's approval rating as Veritone's CEO?

50 employees have rated Veritone Chief Executive Officer Chad Steelberg on Glassdoor.com. Chad Steelberg has an approval rating of 56% among the company's employees. This puts Chad Steelberg in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Veritone have any subsidiaries?

Veritone subsidiaries include these companies: PandoLogic (formerly RealMatch), machine box inc, Machine Box, Performance Bridge Media, Wazee Digital Inc., boston speech tech firm, Machine Box Inc, and more.

When did Veritone IPO?

Veritone (VERI) raised $20 million in an IPO on Friday, May 12th 2017. The company issued 1,300,000 shares at $14.00-$16.00 per share. Wunderlich and Craig-Hallum Capital Group acted as the underwriters for the IPO and Northland Capital Markets was co-manager.

Who are Veritone's major shareholders?

Top institutional shareholders of Veritone include Private Management Group Inc. (6.46%), Renaissance Technologies LLC (0.95%), Sculptor Capital LP and Cubist Systematic Strategies LLC (0.24%). Insiders that own company stock include Ryan Steelberg and G Louis Graziadio III.
View institutional ownership trends
.

How do I buy shares of Veritone?

Shares of VERI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Veritone own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veritone investors own include NVIDIA (NVDA), Energy Transfer (ET), Advanced Micro Devices (AMD), OPKO Health (OPK), QUALCOMM (QCOM), Enphase Energy (ENPH) and Overstock.com (OSTK).

This page (NASDAQ:VERI) was last updated on 9/7/2024 by MarketBeat.com Staff

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