Veritone (VERI) to Release Quarterly Earnings on Thursday

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

Veritone Stock Up 0.5 %

NASDAQ VERI traded up $0.01 during trading hours on Friday, hitting $2.04. The company had a trading volume of 300,770 shares, compared to its average volume of 774,169. The firm has a market cap of $91.50 million, a P/E ratio of -0.94 and a beta of 3.06. Veritone has a fifty-two week low of $1.86 and a fifty-two week high of $5.64. The business has a fifty day simple moving average of $2.37 and a 200-day simple moving average of $2.81.

Analysts Set New Price Targets

A number of analysts recently weighed in on VERI shares. LADENBURG THALM/SH SH assumed coverage on shares of Veritone in a report on Monday, March 17th. They issued a "buy" rating and a $6.00 price objective on the stock. D. Boral Capital reaffirmed a "buy" rating and set a $4.50 price target on shares of Veritone in a report on Monday, April 28th. Finally, HC Wainwright reissued a "buy" rating and issued a $6.00 price objective on shares of Veritone in a report on Monday, March 17th.

Veritone Company Profile

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.