Veritone (VERI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $2.26 to $2.40
• 50-Day Range: $2.33 to $3.73
• 52-Week Range: $2.03 to $7.76
• Volume: 282,582 shs
• Average Volume: 699,979 shs
• Market Capitalization: $92.61 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Moderate Buy

Veritone Stock Analysis - MarketRank™

Veritone scored higher than 68% of companies evaluated by MarketBeat, and ranked 128th out of 322 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Veritone has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Veritone has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Veritone is -1.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Veritone is -1.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Veritone has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.50% of the float of Veritone has been sold short.

Short Interest Ratio / Days to Cover

Veritone has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Veritone has recently increased by 0.39%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Veritone does not currently pay a dividend.

Dividend Growth

Veritone does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.87

Percentage of Shares Shorted

17.50% of the float of Veritone has been sold short.

Short Interest Ratio / Days to Cover

Veritone has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Veritone has recently increased by 0.39%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.59

News Sentiment

Veritone has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.90 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Veritone this week, compared to 3 articles on an average week.

Search Interest

6 people have searched for VERI on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

2 people have added Veritone to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Veritone insiders have not sold or bought any company stock.

Percentage Held by Insiders

26.60% of the stock of Veritone is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.18% of the stock of Veritone is held by institutions.

VERI Stock Analysis - Frequently Asked Questions

How have VERI shares performed this year?

Veritone's stock was trading at $3.28 on January 1st, 2025. Since then, VERI stock has decreased by 29.7% and is now trading at $2.3050.
View the best growth stocks for 2025 here.

How were Veritone's earnings last quarter?

Veritone, Inc. (NASDAQ:VERI) posted its earnings results on Tuesday, November, 9th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.28. The firm had revenue of $22.66 million for the quarter, compared to analysts' expectations of $22 million. Veritone had a negative trailing twelve-month return on equity of 649.13% and a negative net margin of 47.97%.

Does Veritone have any subsidiaries?

The following companies are subsidiaries of Veritone: 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 initial public offering 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 served as the underwriters for the IPO and Northland Capital Markets was co-manager.

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.

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), Meta Platforms (META), Tesla (TSLA), PayPal (PYPL), Ford Motor (F), NIO (NIO) and Riot Platforms (RIOT).

Company Calendar

• Last Earnings: 11/09/2021
• Today: 4/01/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:VERI
• CIK: 1615165
• Web: www.veritone.com
• Phone: (888) 507-1737
• Fax: N/A
• Employees: 550
• Year Founded: 2014

Price Target and Rating

• Average Stock Price Target: $5.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +114.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-58,620,000.00
• Net Margins: -47.97%
• Pretax Margin: -50.19%
• Return on Equity: -649.13%
• Return on Assets: -10.32%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.66
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $92.64 million
• Price / Sales: 1.01
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.03 per share
• Price / Book: 2.27

Miscellaneous

• Outstanding Shares: 40,180,000
• Free Float: 29,492,000
• Market Cap: $93.82 million
• Optionable: Optionable
• Beta: 3.43