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NASDAQ:VERI

Veritone (VERI) Stock Price, News & Analysis

Veritone logo
$2.85 -0.09 (-3.06%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$2.86 +0.00 (+0.18%)
As of 02/21/2025 07:55 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Veritone Stock (NASDAQ:VERI)

Key Stats

Today's Range
$2.81
$2.99
50-Day Range
$2.18
$3.92
52-Week Range
$1.65
$7.76
Volume
769,569 shs
Average Volume
694,402 shs
Market Capitalization
$114.51 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.42
Consensus Rating
Moderate Buy

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.

Veritone Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
59th Percentile Overall Score

VERI MarketRank™: 

Veritone scored higher than 59% of companies evaluated by MarketBeat, and ranked 159th out of 326 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Veritone has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Veritone has only been the subject of 2 research reports in the past 90 days.

  • Read more about Veritone's stock forecast and price target.
  • Percentage of Shares Shorted

    12.42% of the outstanding shares of Veritone have been sold short.
  • Short Interest Ratio / Days to Cover

    Veritone has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Veritone has recently decreased by 4.95%, indicating that investor sentiment is improving.
  • Dividend Yield

    Veritone does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    12.42% of the outstanding shares of Veritone have been sold short.
  • Short Interest Ratio / Days to Cover

    Veritone has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Veritone has recently decreased by 4.95%, indicating that investor sentiment is improving.
  • News Sentiment

    Veritone has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment 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

    Only 1 people have searched for VERI on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Veritone to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Veritone insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,271,736.00 in 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.

  • Read more about Veritone's insider trading history.
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VERI Stock News Headlines

Veritone initiated with a Buy at H.C. Wainwright
Watch This Robotics Demo Before March 17th
Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%... Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry."
Veritone initiated with a Buy at D. Boral Capital
See More Headlines

VERI Stock Analysis - Frequently Asked Questions

Veritone's stock was trading at $3.28 at the beginning of the year. Since then, VERI shares have decreased by 13.1% and is now trading at $2.85.
View the best growth stocks for 2025 here
.

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

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 others.

Veritone (VERI) raised $20 million in an initial public offering on Friday, May 12th 2017. The company issued 1,300,000 shares at a price of $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.

Veritone's top institutional shareholders include Private Management Group Inc. (6.09%), Geode Capital Management LLC (0.94%), Northern Trust Corp (0.36%) and Bridgeway Capital Management LLC (0.20%). Insiders that own company stock include Ryan Steelberg, G Louis Graziadio III and Chad Steelberg.
View institutional ownership trends
.

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.

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
2/21/2025
Next Earnings (Estimated)
5/05/2025
Fiscal Year End
12/31/2025

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
$3.42
High Stock Price Target
$4.50
Low Stock Price Target
$2.25
Potential Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-58,620,000.00
Pretax Margin
-50.19%

Debt

Sales & Book Value

Annual Sales
$127.56 million
Book Value
$1.03 per share

Miscellaneous

Free Float
29,492,000
Market Cap
$114.51 million
Optionable
Optionable
Beta
3.15

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This page (NASDAQ:VERI) was last updated on 2/22/2025 by MarketBeat.com Staff
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