Veritone Stock Price, News & Analysis (NASDAQ:VERI)

$24.42 -2.40 (-8.95 %)
(As of 11/20/2017 01:42 PM ET)
Previous Close$26.82
Today's Range$23.55 - $25.57
52-Week Range$7.76 - $74.92
Volume1.76 million shs
Average Volume466,694 shs
Market Capitalization$389.04 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Veritone (NASDAQ:VERI)

Veritone logoVeritone, Inc. is a developer of artificial intelligence (AI) platform. The Company’s platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. Its cloud-based artificial intelligence operating system (aiOS) integrates and orchestrates an open ecosystem of cognitive engines, together with the Company’s suite of applications, to reveal valuable multivariate insights from vast amounts of audio, video and structured data. The Company’s technology enables users to run comprehensive, multivariate queries, correlations and analyses in near real-time using multiple cognitive engines and data sets, integrating and refining the outputs. The Company’s services and target markets include Media Agency Services, software as a service (Saas) Solutions, and Other Vertical Markets and Applications.


Industry, Sector and Symbol:
  • Industry: Cloud Computing Services
  • Sub-Industry: N/A
  • Sector: Business Services
  • Symbol: NASDAQ:VERI
  • CUSIP: N/A
  • Web: www.veritone.com
Debt:
  • Current Ratio: 2.47%
  • Quick Ratio: 2.47%
Sales & Book Value:
  • Annual Sales: $8.91 million
  • Price / Sales: 41.00
  • Book Value: N/A
  • Price / Book: N/A
Profitability:
  • Net Income: ($26,970,000.00)
  • Net Margins: -416.28%
  • Return on Equity: -1,887.29%
  • Return on Assets: -77.53%
Misc:
  • Employees: 157
  • Outstanding Shares: 14,960,000
 

Frequently Asked Questions for Veritone (NASDAQ:VERI)

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) posted its quarterly earnings results on Monday, November, 6th. The company reported ($1.31) earnings per share for the quarter, missing the consensus estimate of ($0.43) by $0.88. The firm earned $3.72 million during the quarter, compared to analysts' expectations of $4.95 million. Veritone had a negative net margin of 416.28% and a negative return on equity of 1,887.29%. The business's quarterly revenue was up 60.3% on a year-over-year basis. During the same period last year, the company earned ($3.49) EPS. View Veritone's Earnings History.

Where is Veritone's stock going? Where will Veritone's stock price be in 2017?

5 equities research analysts have issued 1-year target prices for Veritone's stock. Their forecasts range from $15.00 to $62.00. On average, they expect Veritone's stock price to reach $29.50 in the next twelve months. View Analyst Ratings for Veritone.

Who are some of Veritone's key competitors?

Who are Veritone's key executives?

Veritone's management team includes the folowing people:

  • Chad Steelberg, Chairman of the Board, Chief Executive Officer (Age 45)
  • Ryan Steelberg, President, Director
  • Peter F. Collins, Chief Financial Officer, Senior Vice President
  • Jeffrey B. Coyne, Executive Vice President, General Counsel, Secretary (Age 50)
  • Jeff Gehl, Director
  • G. Louis Graziadio III, Director (Age 67)
  • Knute P. Kurtz, Director
  • Edward J. Treska, Director
  • Frank E. Walsh III, Director

When did Veritone IPO?

(VERI) raised $20 million in an initial public offering 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.

When did the company's lock-up period expire?

Veritone's lock-up period expired on Wednesday, November 8th. Veritone had issued 2,500,000 shares in its public offering on May 12th. The total size of the offering was $37,500,000 based on an initial share price of $15.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Who owns Veritone stock?

Veritone's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include STEELBERG CHAD (37.90%), Uniplan Investment Counsel Inc. (1.85%), Jane Street Group LLC (0.16%), Bank of New York Mellon Corp (0.10%), State Board of Administration of Florida Retirement System (0.10%) and FNY Managed Accounts LLC (0.08%). View Institutional Ownership Trends for Veritone.

Who sold Veritone stock? Who is selling Veritone stock?

Veritone's stock was sold by a variety of institutional investors in the last quarter, including Uniplan Investment Counsel Inc. and State Board of Administration of Florida Retirement System. View Insider Buying and Selling for Veritone.

Who bought Veritone stock? Who is buying Veritone stock?

Veritone's stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Bank of New York Mellon Corp, FNY Managed Accounts LLC, Wells Fargo & Company MN, First Republic Investment Management Inc., Quantbot Technologies LP, Schwab Charles Investment Management Inc. and SG Americas Securities LLC. View Insider Buying and Selling for Veritone.

How do I buy Veritone stock?

Shares of Veritone 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 Veritone stock can currently be purchased for approximately $24.42.

How big of a company is Veritone?

Veritone has a market capitalization of $389.04 million and generates $8.91 million in revenue each year. Veritone employs 157 workers across the globe.

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:  2.4 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  70 (Vote Underperform)
Total Votes:  135
MarketBeat's community ratings are surveys of what our community members think about Veritone and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Veritone (NASDAQ:VERI)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 0 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $29.50 (20.80% upside)

Consensus Price Target History for Veritone (NASDAQ:VERI)

Price Target History for Veritone (NASDAQ:VERI)

Analysts' Ratings History for Veritone (NASDAQ:VERI)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/15/2017B. RileyReiterated RatingSell$15.00N/AView Rating Details
9/29/2017Roth CapitalReiterated RatingBuy -> Buy$13.20 -> $62.00MediumView Rating Details
9/10/2017Northland SecuritiesSet Price TargetBuy$23.00HighView Rating Details
6/21/2017WunderlichReiterated RatingBuy$18.00HighView Rating Details
6/6/2017Craig HallumInitiated CoverageBuyMediumView Rating Details
(Data available from 11/20/2015 forward)

Earnings

Earnings History and Estimates Chart for Veritone (NASDAQ:VERI)

Earnings by Quarter for Veritone (NASDAQ:VERI)

Earnings History by Quarter for Veritone (NASDAQ VERI)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017Q3 2017($0.43)($1.31)$4.95 million$3.72 millionViewN/AView Earnings Details
8/7/2017Q2 2017($1.20)($1.33)$2.99 million$4.09 millionViewListenView Earnings Details
6/20/2017Q1 2017($4.16)($3.09)$2.40 million$3.11 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Veritone (NASDAQ:VERI)
2017 EPS Consensus Estimate: ($1.19)
2018 EPS Consensus Estimate: ($2.10)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171($0.58)($0.58)($0.58)
Q4 20171($0.61)($0.61)($0.61)
Q1 20181($0.60)($0.60)($0.60)
Q2 20181($0.51)($0.51)($0.51)
Q3 20181($0.54)($0.54)($0.54)
Q4 20181($0.45)($0.45)($0.45)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Veritone (NASDAQ:VERI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Veritone (NASDAQ VERI)

Institutional Ownership Percentage: 7.51%
Insider Trades by Quarter for Veritone (NASDAQ:VERI)
Institutional Ownership by Quarter for Veritone (NASDAQ:VERI)

Insider Trades by Quarter for Veritone (NASDAQ VERI)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017G Louis Graziadio IIIDirectorBuy24,780$11.67$289,182.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Veritone (NASDAQ VERI)

Source:
DateHeadline
Veritone, Inc. (VERI) Given Average Rating of "Hold" by BrokeragesVeritone, Inc. (VERI) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - November 19 at 7:54 AM
BRIEF-Veritone announces pricing of public offering of common stockBRIEF-Veritone announces pricing of public offering of common stock
www.reuters.com - November 18 at 10:01 AM
Veritone, Inc. (VERI) Prices 975K Share Common Offering at $23/ShVeritone, Inc. (VERI) Prices 975K Share Common Offering at $23/Sh
www.streetinsider.com - November 18 at 10:01 AM
Veritone, Inc. Announces Pricing of Public Offering of Common StockVeritone, Inc. Announces Pricing of Public Offering of Common Stock
finance.yahoo.com - November 18 at 10:01 AM
Veritone, Inc. (VERI) Earns "Sell" Rating from B. RileyVeritone, Inc. (VERI) Earns "Sell" Rating from B. Riley
www.americanbankingnews.com - November 16 at 1:28 PM
Veritone Sets Financial Conference Schedule for November 2017 ... - Business Wire (press release)Veritone Sets Financial Conference Schedule for November 2017 ... - Business Wire (press release)
www.businesswire.com - November 16 at 5:40 AM
Veritone Makes Artificial Intelligence Truly Accessible and Actionable with AWS Marketplace ListingVeritone Makes Artificial Intelligence Truly Accessible and Actionable with AWS Marketplace Listing
finance.yahoo.com - November 16 at 5:40 AM
Zacks Investment Research Lowers Veritone, Inc. (VERI) to SellZacks Investment Research Lowers Veritone, Inc. (VERI) to Sell
www.americanbankingnews.com - November 11 at 8:10 AM
Q4 2017 EPS Estimates for Veritone, Inc. (VERI) Lowered by AnalystQ4 2017 EPS Estimates for Veritone, Inc. (VERI) Lowered by Analyst
www.americanbankingnews.com - November 9 at 9:34 AM
56 Biggest Movers From Yesterday - Benzinga56 Biggest Movers From Yesterday - Benzinga
www.benzinga.com - November 9 at 9:26 AM
Equities Analysts Set Expectations for Veritone, Inc.s Q3 2017 Earnings (VERI)Equities Analysts Set Expectations for Veritone, Inc.'s Q3 2017 Earnings (VERI)
www.americanbankingnews.com - November 8 at 10:23 AM
The Once-Mercurial Veritone Plummets After Q3 Miss, Stock Downgrade - BenzingaThe Once-Mercurial Veritone Plummets After Q3 Miss, Stock Downgrade - Benzinga
www.benzinga.com - November 8 at 4:12 AM
The Once-Mercurial Veritone Plummets After Q3 Miss, Stock DowngradeThe Once-Mercurial Veritone Plummets After Q3 Miss, Stock Downgrade
finance.yahoo.com - November 7 at 11:11 PM
Bull Market Panic? 11 Stocks Analysts Want You To Sell Right NowBull Market Panic? 11 Stocks Analysts Want You To Sell Right Now
www.marketwatch.com - November 7 at 6:08 PM
40 Stocks Moving In Tuesdays Pre-Market Session - Benzinga40 Stocks Moving In Tuesday's Pre-Market Session - Benzinga
www.benzinga.com - November 7 at 1:03 PM
45 Stocks Moving In Tuesdays Mid-Day Session - Benzinga45 Stocks Moving In Tuesday's Mid-Day Session - Benzinga
www.benzinga.com - November 7 at 1:03 PM
Veritone Reports Financial Results for the Third Quarter and First ... - Business Wire (press release)Veritone Reports Financial Results for the Third Quarter and First ... - Business Wire (press release)
www.businesswire.com - November 7 at 1:03 PM
Veritone Reports Financial Results for the Third Quarter and First Nine Months of 2017Veritone Reports Financial Results for the Third Quarter and First Nine Months of 2017
finance.yahoo.com - November 7 at 1:03 PM
B. Riley Reaffirms Sell Rating for Veritone, Inc. (VERI)B. Riley Reaffirms Sell Rating for Veritone, Inc. (VERI)
www.americanbankingnews.com - November 7 at 11:23 AM
Veritone, Inc. (VERI) Releases Quarterly  Earnings Results, Misses Estimates By $0.88 EPSVeritone, Inc. (VERI) Releases Quarterly Earnings Results, Misses Estimates By $0.88 EPS
www.americanbankingnews.com - November 6 at 9:52 PM
Contrasting Veritone (VERI) and Its PeersContrasting Veritone (VERI) and Its Peers
www.americanbankingnews.com - November 6 at 5:30 PM
Veritone Sets Third Quarter 2017 Earnings Call for Monday, November 6, 2017 at 4:30 pm EST - Business Wire (press release)Veritone Sets Third Quarter 2017 Earnings Call for Monday, November 6, 2017 at 4:30 pm EST - Business Wire (press release)
www.businesswire.com - November 2 at 8:44 PM
Veritone Sets Third Quarter 2017 Earnings Call for Monday, November 6, 2017 at 4:30 p.m. ESTVeritone Sets Third Quarter 2017 Earnings Call for Monday, November 6, 2017 at 4:30 p.m. EST
finance.yahoo.com - November 2 at 8:44 PM
Veritone, Inc.s (VERI) Lock-Up Period Set To Expire  on November 8thVeritone, Inc.'s (VERI) Lock-Up Period Set To Expire on November 8th
www.americanbankingnews.com - November 1 at 1:30 PM
Why Veritone Inc. Stock Skyrocketed 27.5% TodayWhy Veritone Inc. Stock Skyrocketed 27.5% Today
finance.yahoo.com - October 26 at 12:02 PM
Veritone, Inc. (VERI) Receives Consensus Recommendation of "Buy" from AnalystsVeritone, Inc. (VERI) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - October 25 at 8:44 AM
Head to Head Review: Synchronoss Technologies (SNCR) vs. Veritone (VERI)Head to Head Review: Synchronoss Technologies (SNCR) vs. Veritone (VERI)
www.americanbankingnews.com - October 23 at 8:30 AM
Veritone CEO expects to tap equity market for funds in 2018 - Nasdaq - NasdaqVeritone CEO expects to tap equity market for funds in 2018 - Nasdaq - Nasdaq
www.nasdaq.com - October 19 at 2:02 AM
Why Veritone Inc. Stock Skyrocketed 27.5% Today - Motley FoolWhy Veritone Inc. Stock Skyrocketed 27.5% Today - Motley Fool
www.fool.com - October 18 at 9:00 PM
Veritone Comes Crashing Back To Earth - BenzingaVeritone Comes Crashing Back To Earth - Benzinga
www.benzinga.com - October 18 at 10:15 AM
Veritone Comes Crashing Back To Earth - BenzingaVeritone Comes Crashing Back To Earth - Benzinga
www.benzinga.com - October 18 at 10:15 AM
Veritone CEO expects to tap equity market for funds in 2018 - ReutersVeritone CEO expects to tap equity market for funds in 2018 - Reuters
www.reuters.com - October 17 at 8:47 AM
Is Veritone Really An AI Company?Is Veritone Really An AI Company?
seekingalpha.com - October 14 at 9:08 AM
Veritone Expansion Fuels Growth in Thriving Latin American Market with FOX Sports Brasil RelationshipVeritone Expansion Fuels Growth in Thriving Latin American Market with FOX Sports Brasil Relationship
finance.yahoo.com - October 13 at 9:56 AM
Veritone, Inc. (VERI) Lifted to Hold at Zacks Investment ResearchVeritone, Inc. (VERI) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - October 11 at 2:44 PM
Citron Target Veritone Says Its Stock Isnt a Short, Its Still CheapCitron Target Veritone Says Its Stock Isn't a Short, It's Still Cheap
www.bloomberg.com - October 10 at 8:06 AM
Actiance Helps FinServ Companies Meet Toughest MiFID II Compliance ChallengesActiance Helps FinServ Companies Meet Toughest MiFID II Compliance Challenges
finance.yahoo.com - October 4 at 8:50 AM
Artificial Intelligence Leader Veritone Recognized By Oracle For Excellence In Application DevelopmentArtificial Intelligence Leader Veritone Recognized By Oracle For Excellence In Application Development
www.thestreet.com - October 3 at 7:36 PM
Roth Capital: Veritone Is The Real Deal — And Could Be Worth $1BRoth Capital: Veritone Is The Real Deal — And Could Be Worth $1B
www.benzinga.com - September 30 at 9:03 AM
Veritone, Inc. (VERI) Receives Average Rating of "Buy" from AnalystsVeritone, Inc. (VERI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 30 at 8:52 AM
Some Important Things To Consider If Youre Trading VeritoneSome Important Things To Consider If You're Trading Veritone
www.benzinga.com - September 29 at 1:50 PM
Roth Capital Reiterates Buy Rating for Veritone, Inc. (VERI)Roth Capital Reiterates Buy Rating for Veritone, Inc. (VERI)
www.americanbankingnews.com - September 29 at 10:56 AM
This New IPO Has Surged 615% Since Mid-August On 'Best Of Show' AI BetsThis New IPO Has Surged 615% Since Mid-August On 'Best Of Show' AI Bets
finance.yahoo.com - September 23 at 10:41 AM
Veritone Inc (VERI) Stock Skyrockets After Receiving AI AwardVeritone Inc (VERI) Stock Skyrockets After Receiving AI Award
investorplace.com - September 21 at 4:03 PM
Nutanix (NTNX) versus Veritone (VERI) Head-To-Head ReviewNutanix (NTNX) versus Veritone (VERI) Head-To-Head Review
www.americanbankingnews.com - September 19 at 4:44 PM
Dalet and Veritone Collaborate to Further Media Industry Adoption of Artificial IntelligenceDalet and Veritone Collaborate to Further Media Industry Adoption of Artificial Intelligence
finance.yahoo.com - September 15 at 10:56 AM
Watch Out Watson: Small Companies Threaten IBMs Artificial IntelligenceWatch Out Watson: Small Companies Threaten IBM's Artificial Intelligence
finance.yahoo.com - September 15 at 10:56 AM
Head-To-Head Survey: Nutanix (NTNX) and Veritone (VERI)Head-To-Head Survey: Nutanix (NTNX) and Veritone (VERI)
www.americanbankingnews.com - September 14 at 6:05 PM
Wazee Digital and Veritone Partner to Transform Media Asset Management with Artificial IntelligenceWazee Digital and Veritone Partner to Transform Media Asset Management with Artificial Intelligence
finance.yahoo.com - September 12 at 11:50 AM
Northland Securities Analysts Give Veritone, Inc. (VERI) a $23.00 Price TargetNorthland Securities Analysts Give Veritone, Inc. (VERI) a $23.00 Price Target
www.americanbankingnews.com - September 11 at 8:24 PM

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Financials

Financials are not available for this stock.

Chart

Veritone (NASDAQ VERI) Chart for Monday, November, 20, 2017
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This page was last updated on 11/20/2017 by MarketBeat.com Staff

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