S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
Log in
NASDAQ:VERI

Veritone Stock Forecast, Price & News

$23.78
-0.53 (-2.18 %)
(As of 12/3/2020 05:08 PM ET)
Add
Compare
Today's Range
$20.57
Now: $23.78
$25.43
50-Day Range
$8.72
MA: $12.81
$26.61
52-Week Range
$1.22
Now: $23.78
$35.79
Volume4.44 million shs
Average Volume893,464 shs
Market Capitalization$659.49 million
P/E RatioN/A
Dividend YieldN/A
Beta2.13
Veritone, Inc. provides artificial intelligence (AI) computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that integrates and orchestrates a range of cognitive engines to reveal multivariate insights from structured and unstructured data, as well as to conduct cognitive workflows based on these 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, legal and compliance, and government markets. 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.
Veritone logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.85 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
Current SymbolNASDAQ:VERI
CUSIPN/A
Phone888-507-1737
Employees277

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$49.65 million
Book Value$1.93 per share

Profitability

Net Income$-62,080,000.00
Net Margins-106.21%

Miscellaneous

Market Cap$659.49 million
Next Earnings Date3/3/2021 (Estimated)
OptionableOptionable
$23.78
-0.53 (-2.18 %)
(As of 12/3/2020 05:08 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive VERI News and Ratings via Email

Sign-up to receive the latest news and ratings for VERI and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Veritone (NASDAQ:VERI) Frequently Asked Questions

How has Veritone's stock price been impacted by Coronavirus?

Veritone's stock was trading at $2.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VERI stock has increased by 1,010.7% and is now trading at $23.77.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Veritone?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last year. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Veritone
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Veritone?

Wall Street analysts have given Veritone a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Veritone wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Veritone's next earnings date?

Veritone is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Veritone
.

How were Veritone's earnings last quarter?

Veritone, Inc. (NASDAQ:VERI) posted its quarterly earnings data on Monday, November, 9th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.05. The company had revenue of $15.72 million for the quarter, compared to analysts' expectations of $14.39 million. Veritone had a negative net margin of 106.21% and a negative return on equity of 118.65%.
View Veritone's earnings history
.

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

Veritone issued an update on its fourth quarter 2020 After-Hours earnings guidance on Monday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $16-16.4 million, compared to the consensus revenue estimate of $14.95 million.

What price target have analysts set for VERI?

5 Wall Street analysts have issued 1-year price objectives for Veritone's stock. Their forecasts range from $6.00 to $20.00. On average, they expect Veritone's stock price to reach $13.00 in the next year. This suggests that the stock has a possible downside of 45.3%.
View analysts' price targets for Veritone
.

Who are some of Veritone's key competitors?

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), The Boeing (BA), AT&T (T) and Twilio (TWLO).

Who are Veritone's key executives?

Veritone's management team includes the following people:
  • Mr. Chad Steelberg, Chairman & CEO (Age 48, Pay $285.41k)
  • Mr. Ryan Scott Steelberg, Co-Founder, Pres & Director (Age 46, Pay $280.81k)
  • Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $255.54k)
  • Mr. Nathaniel L. Checketts, Advisor (Age 37, Pay $20k)
  • Mr. Michael L. Zemetra, Exec. VP, Chief Financial Officer & Treasurer (Age 49)
  • Mr. Scott Bogdan, Sr. VP of Operations
  • Mr. Brian Matthew Alger C.F.A., CFA, Sr. VP of Corp. Devel. & Investor Relations
  • Mr. Thor Valdmanis, Sr. VP of Corp. Communications
  • Mr. Locke Truong, VP of Marketing for Media & Entertainment and Monetization
  • Mr. John R. Newsom, Exec. VP (Age 58)

When did Veritone IPO?

(VERI) raised $20 million in an initial public offering (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 served as the underwriters for the IPO and Northland Capital Markets was co-manager.

What is Veritone's stock symbol?

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

Who are Veritone's major shareholders?

Veritone's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.65%), State Street Corp (1.45%), Great West Life Assurance Co. Can (1.42%), Great West Life Assurance Co. Can (1.17%), Creative Planning (0.38%) and First Trust Advisors LP (0.34%). Company insiders that own Veritone stock include Chad Steelberg, G Louis Graziadio III, Research Corp Acacia, Richard H Taketa and Ryan Steelberg.
View institutional ownership trends for Veritone
.

Which major investors are selling Veritone stock?

VERI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., LPL Financial LLC, and Creative Planning.
View insider buying and selling activity for Veritone
.

Which major investors are buying Veritone stock?

VERI stock was acquired by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Great West Life Assurance Co. Can, First Trust Advisors LP, Keebeck Alpha LP, GSA Capital Partners LLP, State Street Corp, Acadian Asset Management LLC, and Morgan Stanley. Company insiders that have bought Veritone stock in the last two years include Chad Steelberg, G Louis Graziadio III, Richard H Taketa, and Ryan Steelberg.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Veritone's stock price today?

One share of VERI stock can currently be purchased for approximately $23.77.

How big of a company is Veritone?

Veritone has a market capitalization of $659.21 million and generates $49.65 million in revenue each year. The company earns $-62,080,000.00 in net income (profit) each year or ($2.85) on an earnings per share basis. Veritone employs 277 workers across the globe.

What is Veritone's official website?

The official website for Veritone is www.veritone.com.

How can I contact Veritone?

Veritone's mailing address is 575 ANTON BOULEVARD SUITE 100, COSTA MESA CA, 92626. The company can be reached via phone at 888-507-1737 or via email at [email protected]

This page was last updated on 12/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.