NASDAQ:VERI Veritone (VERI) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free veri Stock Alerts $5.76 -0.40 (-6.49%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$5.58▼$6.9950-Day Range$1.65▼$6.1652-Week Range$1.48▼$6.99Volume5.45 million shsAverage Volume2.16 million shsMarket Capitalization$213.87 millionP/E RatioN/ADividend YieldN/APrice Target$3.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Veritone alerts: Email Address Veritone MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside39.2% Downside$3.50 Price TargetShort InterestBearish18.99% of Float Sold ShortDividend StrengthN/ASustainability-0.87Upright™ Environmental ScoreNews Sentiment0.40Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.58) to ($0.33) Per ShareSee Full Details Hide Full Details 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.1.69 out of 5 starsBusiness Services Sector213th out of 299 stocksData Processing & Preparation Industry40th out of 59 stocks 0.8 Analyst's Opinion Consensus RatingVeritone has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.50, Veritone has a forecasted downside of 39.2% from its current price of $5.76.Amount of Analyst CoverageVeritone has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.99% of the float of Veritone has been sold short.Short Interest Ratio / Days to CoverVeritone has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Veritone has recently increased by 16.10%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldVeritone does not currently pay a dividend.Dividend GrowthVeritone does not have a long track record of dividend growth. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVeritone has received a 35.89% net impact score from Upright. Veritone seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Power management software", "Workflow automation software", and "Marketing data software" products. See details.Environmental SustainabilityThe Environmental Impact score for Veritone is -0.87. Previous Next 3.0 News and Social Media Coverage News SentimentVeritone has a news sentiment score of 0.40. 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 0.63 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Veritone this week, compared to 2 articles on an average week.Search Interest29 people have searched for VERI on MarketBeat in the last 30 days. This is an increase of 263% compared to the previous 30 days.MarketBeat Follows11 people have added Veritone to their MarketBeat watchlist in the last 30 days. This is an increase of 267% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veritone insiders have not sold or bought any company stock.Percentage Held by Insiders26.40% 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 InstitutionsOnly 39.18% of the stock of Veritone is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Veritone are expected to grow in the coming year, from ($0.58) to ($0.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veritone is -2.68, 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. SectorThe P/E ratio of Veritone is -2.68, 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 RatioVeritone has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Veritone Stock (NASDAQ:VERI)Veritone, Inc., together with its subsidiaries, provides artificial intelligence (AI) computing solutions and services in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models and 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.Read More VERI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VERI Stock News HeadlinesMarch 27, 2024 | msn.comEXCLUSIVE: 'AI For Good' Essential To Advancing Society, Says Veritone CEO — 'We Deserve To Use These Technologies'March 26, 2024 | businesswire.comVeritone Launches Ask Veri to Empower Customers to Talk to Their Data for Actionable Insights and Workflow ActivationMarch 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 25, 2024 | seekingalpha.comVeritone: Not An AI Stock To Bank OnMarch 21, 2024 | investing.comVeritone AI to streamline state law enforcement redactionsMarch 20, 2024 | marketwatch.comVeritone Shares Rise 21% on Software Adoption by Law-Enforcement AgencyMarch 19, 2024 | businesswire.comVeritone Partners with WSI Technologies to Automate Public Records Requests for Primary State-Wide Law Enforcement AgencyMarch 18, 2024 | msn.comTop 4 Tech Stocks That May Collapse In MarchMarch 28, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 15, 2024 | msn.comPa. Police Officer Injured in 3-Vehicle Crash Caused by Suspected Drunk DriverMarch 14, 2024 | msn.comWhat's Going On With Veritone Stock?March 13, 2024 | finance.yahoo.comVeritone Inc (VERI) Faces Headwinds Despite Revenue of $127.6 Million in Fiscal Year 2023March 13, 2024 | finance.yahoo.comQ4 2023 Veritone Inc Earnings CallMarch 13, 2024 | finance.yahoo.comVeritone's US$9.7m Market Cap Fall Books Insider LossesMarch 12, 2024 | benzinga.comRecap: Veritone Q4 EarningsMarch 12, 2024 | msn.comVeritone Non-GAAP EPS of -$0.16 in-line, revenue of $34.2M beats by $0.4MMarch 12, 2024 | businesswire.comVeritone Reports Fourth Quarter and Fiscal Year 2023 ResultsMarch 12, 2024 | businesswire.comVeritone Launches AI-Powered iDEMS for Public Safety and Judicial AgenciesMarch 11, 2024 | markets.businessinsider.comVeritone earnings: here's what Wall Street expectsMarch 6, 2024 | msn.comDalet, Veritone to Launch AI-Powered Solution for Media Management and MonetizationMarch 6, 2024 | finance.yahoo.comDalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media ArchivesFebruary 29, 2024 | investorplace.com3 Tech Stocks Teetering on the Edge of a TumbleFebruary 22, 2024 | uk.finance.yahoo.comVeritone, Inc. (VERI)February 22, 2024 | benzinga.comVeritone Stock (NASDAQ:VERI) Insider TradesFebruary 21, 2024 | finance.yahoo.comVeritone Announces Restructuring InitiativesFebruary 21, 2024 | businesswire.comVeritone Announces Restructuring InitiativesFebruary 15, 2024 | finance.yahoo.comVeritone to Hold Fourth Quarter and Full Year 2023 Results Conference Call on March 12See More Headlines Receive VERI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veritone and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/09/2021Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Data processing & preparation Sub-IndustryN/A Current SymbolNASDAQ:VERI CUSIPN/A CIK1615165 Webwww.veritone.com Phone(888) 507-1737FaxN/AEmployees661Year Founded2014Price Target and Rating Average Stock Price Target$3.50 High Stock Price Target$4.25 Low Stock Price Target$2.25 Potential Upside/Downside-39.2%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($2.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-58,620,000.00 Net Margins-42.97% Pretax Margin-47.33% Return on Equity-119.35% Return on Assets-13.12% Debt Debt-to-Equity Ratio7.40 Current Ratio0.87 Quick Ratio0.87 Sales & Book Value Annual Sales$127.56 million Price / Sales1.68 Cash FlowN/A Price / Cash FlowN/A Book Value$2.21 per share Price / Book2.61Miscellaneous Outstanding Shares37,130,000Free Float27,328,000Market Cap$213.87 million OptionableOptionable Beta2.83 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Ryan Scott Steelberg (Age 50)Co-Founder, CEO, President & Chairman Comp: $595.75kMr. Chad E. Steelberg (Age 52)Co-Founder Comp: $1.01MMr. Michael L. Zemetra (Age 53)Executive VP, Chief Financial Officer & Treasurer Comp: $325kMr. Scott BogdanSenior Vice President of OperationsMr. Fleming MengChief Information OfficerMr. Brian Matthew Alger C.F.A.Senior Vice President of Corporate Development & Investor RelationsMr. Thor ValdmanisSenior Vice President of Corporate CommunicationsMr. Seth K. Greenberg (Age 60)Chief Marketing & Strategy Officer Mr. Drew HillesSenior Vice President of Veritone MediaMr. John A. Ganley (Age 76)Senior Advisor to the Chief Executive Officer Comp: $247.41kMore ExecutivesKey CompetitorsOomaNYSE:OOMAIBEXNASDAQ:IBEXtrivagoNASDAQ:TRVGGlory Star New Media GroupNASDAQ:GSMGBrightcoveNASDAQ:BCOVView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 74,443 shares on 3/11/2024Ownership: 6.909%Virtu Financial LLCBought 15,008 shares on 2/26/2024Ownership: 0.040%Price T Rowe Associates Inc. MDBought 12,400 shares on 2/16/2024Ownership: 0.179%Bridgeway Capital Management LLCBought 25,000 shares on 2/15/2024Ownership: 0.337%Price T Rowe Associates Inc. MDBought 12,400 shares on 2/15/2024Ownership: 0.179%View All Insider TransactionsView All Institutional Transactions VERI Stock Analysis - Frequently Asked Questions Should I buy or sell Veritone stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" VERI shares. View VERI analyst ratings or view top-rated stocks. What is Veritone's stock price target for 2024? 3 equities research analysts have issued 12 month price targets for Veritone's stock. Their VERI share price targets range from $2.25 to $4.25. On average, they expect the company's stock price to reach $3.50 in the next year. This suggests that the stock has a possible downside of 39.2%. View analysts price targets for VERI or view top-rated stocks among Wall Street analysts. How have VERI shares performed in 2024? Veritone's stock was trading at $1.81 at the start of the year. Since then, VERI stock has increased by 218.2% and is now trading at $5.76. View the best growth stocks for 2024 here. When is Veritone's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our VERI earnings forecast. How were Veritone's earnings last quarter? Veritone, Inc. (NASDAQ:VERI) posted its earnings results on Tuesday, November, 9th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.28. The company 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 119.35% and a negative net margin of 42.97%. During the same period in the prior year, the company earned ($0.40) earnings per share. What ETFs hold Veritone's stock? ETFs with the largest weight of Veritone (NASDAQ:VERI) stock in their portfolio include SoFi Web 3 ETF (TWEB). What guidance has Veritone issued on next quarter's earnings? Veritone issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $134.0 million-$142.0 million, compared to the consensus revenue estimate of $135.8 million. 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. What other stocks do shareholders of Veritone own? Based on aggregate information from My MarketBeat watchlists, some companies that other Veritone investors own include NVIDIA (NVDA), Energy Transfer (ET), Advanced Micro Devices (AMD), OPKO Health (OPK), QUALCOMM (QCOM), Enphase Energy (ENPH), Overstock.com (OSTK), Boeing (BA), AT&T (T) and Twilio (TWLO). 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. Who are Veritone's major shareholders? Veritone's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.91%), Vanguard Group Inc. (6.91%), Banta Asset Management LP (6.58%), Private Management Group Inc. (5.73%), Vontobel Holding Ltd. (1.18%) and Northern Trust Corp (0.79%). Insiders that own company stock include G Louis Graziadio III and Ryan Steelberg. 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. Does Veritone have any subsidiaries? The following companies are subsidiares of Veritone: Machine Box, Machine Box Inc, PandoLogic (formerly RealMatch), PandoLogic Inc, PandoLogic Ltd., Performance Bridge Media, Performance Bridge Media Inc, Veritone Alpha Inc., Veritone Digital Inc, Veritone Enterprise LLC, Veritone One Inc., Veritone Politics LLC, Veritone UK Ltd., Wazee Digital Inc., boston speech tech firm, and machine box inc.Read More This page (NASDAQ:VERI) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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