Veritone (VERI) Projected to Post Quarterly Earnings on Thursday

Veritone (NASDAQ:VERI - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $24.12 million for the quarter.

Veritone Trading Up 0.5 %

Shares of VERI traded up $0.01 on Friday, reaching $2.04. 300,770 shares of the company's stock were exchanged, compared to its average volume of 773,036. The business has a 50 day moving average price of $2.37 and a two-hundred day moving average price of $2.83. Veritone has a 12 month low of $1.86 and a 12 month high of $5.64. The stock has a market capitalization of $91.50 million, a P/E ratio of -0.94 and a beta of 3.06.

Wall Street Analysts Forecast Growth

Several analysts have commented on VERI shares. D. Boral Capital reiterated a "buy" rating and set a $4.50 target price on shares of Veritone in a research report on Monday, April 28th. HC Wainwright reissued a "buy" rating and issued a $6.00 target price on shares of Veritone in a research note on Monday, March 17th. Finally, LADENBURG THALM/SH SH assumed coverage on Veritone in a research report on Monday, March 17th. They set a "buy" rating and a $6.00 target price for the company.

About Veritone

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.