Veritone (NASDAQ:VERI) Updates FY 2025 Earnings Guidance

Key Points

• FY 2025 guidance miss: Veritone issued EPS guidance of -1.75 to -1.56 and revenue guidance of $93.7M–$105.6M, both below consensus estimates of -0.53 EPS and $109.0M revenue.
• Market and analyst reaction: Shares fell about 1.8% to $1.93 after the update, and analysts remain mixed with a consensus "Hold" and a $8.75 price target (3 Buys, 1 Hold, 1 Sell).

Veritone (NASDAQ:VERI - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of -1.750--1.560 for the period, compared to the consensus earnings per share estimate of -0.530. The company issued revenue guidance of $93.7 million-$105.6 million, compared to the consensus revenue estimate of $109.0 million. Veritone also updated its FY 2026 guidance to EPS.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a "sell (e+)" rating on shares of Veritone in a report on Wednesday, January 21st. D. Boral Capital reiterated a "buy" rating and issued a $14.00 target price on shares of Veritone in a report on Friday, March 27th. HC Wainwright reiterated a "buy" rating and issued a $9.00 target price on shares of Veritone in a report on Monday, March 30th. Finally, Wall Street Zen lowered shares of Veritone from a "hold" rating to a "sell" rating in a report on Saturday, March 21st. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $8.75.

Veritone Stock Down 1.8%

Shares of NASDAQ:VERI traded down $0.04 during midday trading on Thursday, reaching $1.93. 1,228,167 shares of the company were exchanged, compared to its average volume of 2,398,776. The firm has a market cap of $176.73 million, a PE ratio of -2.87 and a beta of 2.36. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 6.77. Veritone has a fifty-two week low of $1.22 and a fifty-two week high of $9.42. The stock has a fifty day simple moving average of $2.82 and a two-hundred day simple moving average of $4.34.

Hedge Funds Weigh In On Veritone

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OMERS ADMINISTRATION Corp acquired a new position in Veritone in the 4th quarter worth $166,000. Landscape Capital Management L.L.C. acquired a new position in Veritone in the 4th quarter worth $142,000. Charles Schwab Investment Management Inc. boosted its stake in Veritone by 154.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 50,947 shares of the company's stock worth $237,000 after purchasing an additional 30,907 shares during the period. Wells Fargo & Company MN boosted its stake in Veritone by 450.0% in the 4th quarter. Wells Fargo & Company MN now owns 20,460 shares of the company's stock worth $95,000 after purchasing an additional 16,740 shares during the period. Finally, LPL Financial LLC boosted its stake in Veritone by 55.9% in the 4th quarter. LPL Financial LLC now owns 45,938 shares of the company's stock worth $214,000 after purchasing an additional 16,481 shares during the period. 39.18% of the stock is owned by institutional investors and hedge funds.

Veritone Company Profile

Veritone, Inc NASDAQ: VERI is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.

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