NASDAQ:VERI - Veritone Stock Price, News, & Analysis

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$5.04 +0.03 (+0.60 %)
(As of 01/17/2019 08:00 AM ET)
Previous Close$5.01
Today's Range$4.85 - $5.28
52-Week Range$3.65 - $25.09
Volume1.09 million shs
Average Volume810,847 shs
Market Capitalization$96.83 million
P/E RatioN/A
Dividend YieldN/A
Beta2.24
Veritone, Inc. provides artificial intelligence (AI) and computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that unlocks the power of cognitive computing to transform audio, video, and other unstructured data, as well as analyzes it in conjunction with structured data in an orchestrated and automated manner to generate actionable intelligence. 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 owners and broadcasters; legal and compliance markets, including consulting firms, managed services providers, large law firms and corporate legal departments, financial services, and healthcare and other companies; state, local, federal, and international law enforcement agencies, intelligence agencies, and other governmental agencies, as well as resellers and system integrators; and politics market, including political parties, elected officials and political campaigns, political action committees, and special interest groups. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was founded in 2014 and is headquartered in Costa Mesa, California.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:VERI
CUSIPN/A
Phone888-507-1737

Debt

Current Ratio1.67
Quick Ratio1.67

Price-To-Earnings

Sales & Book Value

Annual Sales$14.41 million
Price / Sales6.76
Price / Cash FlowN/A
Book Value$3.85 per share
Price / Book1.31

Profitability

Net Income$-59,600,000.00
Net Margins-286.28%
Return on Assets-55.37%

Miscellaneous

Employees219
Market Cap$96.83 million
OptionableOptionable

Veritone (NASDAQ:VERI) Frequently Asked Questions

What is Veritone's stock symbol?

Veritone trades on the NASDAQ under the ticker symbol "VERI."

How were Veritone's earnings last quarter?

Veritone Inc (NASDAQ:VERI) released its quarterly earnings data on Monday, November, 12th. The company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.78) by $0.08. The company earned $7.55 million during the quarter, compared to the consensus estimate of $6.03 million. Veritone had a negative net margin of 286.28% and a negative return on equity of 86.60%. The company's revenue for the quarter was up 102.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.31) EPS. View Veritone's Earnings History.

When is Veritone's next earnings date?

Veritone is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Veritone.

What guidance has Veritone issued on next quarter's earnings?

Veritone issued an update on its fourth quarter 2018 earnings guidance on Monday, November, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.3-9.7 million, compared to the consensus revenue estimate of $9.51 million.

What price target have analysts set for VERI?

5 brokerages have issued 1 year price objectives for Veritone's shares. Their predictions range from $9.00 to $30.00. On average, they anticipate Veritone's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 217.5% from the stock's current price. View Analyst Price Targets for Veritone.

What is the consensus analysts' recommendation for Veritone?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veritone.

Has Veritone been receiving favorable news coverage?

Media coverage about VERI stock has trended somewhat positive on Thursday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Veritone earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the company's share price in the next several days.

Are investors shorting Veritone?

Veritone saw a increase in short interest in December. As of December 14th, there was short interest totalling 2,004,842 shares, an increase of 29.5% from the November 30th total of 1,547,559 shares. Based on an average daily volume of 945,432 shares, the short-interest ratio is presently 2.1 days. Currently, 16.1% of the shares of the stock are short sold. View Veritone's Current Options Chain.

Who are some of Veritone's key competitors?

Who are Veritone's key executives?

Veritone's management team includes the folowing people:
  • Mr. Chad Steelberg, Chairman & CEO (Age 47)
  • Mr. Ryan Steelberg, Pres & Director (Age 45)
  • Mr. Peter F. Collins, Exec. VP & CFO (Age 54)
  • Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. John A. Ganley, Exec. VP & Chief HR Officer (Age 71)

When did Veritone IPO?

(VERI) raised $20 million in an IPO 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 acted 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 of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.20%). Company insiders that own Veritone stock include Chad Steelberg, G Louis Graziadio III, Peter F Collins and Research Corp Acacia. View Institutional Ownership Trends for Veritone.

Which institutional investors are buying Veritone stock?

VERI stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought Veritone stock in the last two years include Chad Steelberg, G Louis Graziadio III and Peter F Collins. View Insider Buying and Selling for Veritone.

How do I buy shares of Veritone?

Shares of VERI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Veritone's stock price today?

One share of VERI stock can currently be purchased for approximately $5.04.

How big of a company is Veritone?

Veritone has a market capitalization of $96.83 million and generates $14.41 million in revenue each year. The company earns $-59,600,000.00 in net income (profit) each year or ($4.59) on an earnings per share basis. Veritone employs 219 workers across the globe.

What is Veritone's official website?

The official website for Veritone is http://www.veritone.com.

How can I contact Veritone?

Veritone's mailing address is 575 ANTON BLVD, COSTA MESA CA, 92626. The company can be reached via phone at 888-507-1737 or via email at [email protected]


MarketBeat Community Rating for Veritone (NASDAQ VERI)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  423
MarketBeat's community ratings are surveys of what our community members think about Veritone and other stocks. Vote "Outperform" if you believe VERI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VERI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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