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Veritone (VERI) Stock Forecast & Price Target

Veritone logo
$3.25
-0.17 (-4.97%)
(As of 10/31/2024 ET)

Veritone - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
0

Based on 3 Wall Street analysts who have issued ratings for Veritone in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 3 have given a hold rating for VERI.

Consensus Price Target

$2.88
-11.54% Downside
According to the 3 analysts' twelve-month price targets for Veritone, the average price target is $2.88. The highest price target for VERI is $3.50, while the lowest price target for VERI is $2.25. The average price target represents a forecasted downside of -11.54% from the current price of $3.25.
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VERI Analyst Ratings Over Time

TypeCurrent Forecast
11/1/23 to 10/31/24
1 Month Ago
10/2/23 to 10/1/24
3 Months Ago
8/3/23 to 8/2/24
1 Year Ago
11/1/22 to 11/1/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$2.88$2.25$2.25$5.31
Forecasted Upside-11.54% Downside-35.16% Downside-7.41% Downside120.44% Upside
Consensus Rating
Hold
Hold
Hold
Reduce

VERI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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VERI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Veritone Stock vs. The Competition

TypeVeritoneBusiness Services CompaniesS&P 500
Consensus Rating Score
2.00
2.68
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-11.54% Downside334.38% Upside10.62% Upside
News Sentiment Rating
Neutral News

See Recent VERI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/30/2024UBS Group
4 of 5 stars
S. Gilbert
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UpgradeSell ➝ Neutral$3.50-5.41%
3/14/2024Roth Mkm
1 of 5 stars
 Boost TargetNeutral ➝ Neutral$1.85 ➝ $2.25-37.85%
2/1/2024Roth Capital
3 of 5 stars
D. Aftahi
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UpgradeSell ➝ Neutral
6/29/2023Bank of America
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 Lower Target$5.00 ➝ $4.25+5.20%
6/1/2023Stifel Nicolaus
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 Lower Target$5.00 ➝ $4.00+12.99%
2/1/2023JMP Securities
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 Reiterated RatingMarket Outperform$11.00+30.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:34 PM ET.


VERI Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Veritone is $2.88, with a high forecast of $3.50 and a low forecast of $2.25.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" VERI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VERI, but not buy additional shares or sell existing shares.

According to analysts, Veritone's stock has a predicted downside of -11.54% based on their 12-month stock forecasts.

Over the previous 90 days, Veritone's stock had 1 upgrade by analysts.

Veritone has been rated by research analysts at UBS Group in the past 90 days.

Analysts like Veritone less than other "business services" companies. The consensus rating for Veritone is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how VERI compares to other companies.


This page (NASDAQ:VERI) was last updated on 10/31/2024 by MarketBeat.com Staff
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