Veritone Company Profile (NASDAQ:VERI)

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:
  • Sector: Business Services
  • Industry: Cloud Computing Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:VERI
  • CUSIP: N/A
  • Web: www.veritone.com
Capitalization:
  • Market Cap: $542.05 million
  • Outstanding Shares: 14,957,000
Average Prices:
  • 50 Day Moving Avg: $34.95
  • 200 Day Moving Avg: $18.89
  • 52 Week Range: $7.76 - $74.92
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -15.23
  • P/E Growth: -0.36
Sales & Book Value:
  • Annual Revenue: $12.02 million
  • Price / Sales: 39.23
  • Book Value: $3.71 per share
  • Price / Book: 8.50
Profitability:
  • EBITDA: ($27,210,000.00)
Debt:
  • Current Ratio: 2.63%
  • Quick Ratio: 2.63%
Misc:
  • Average Volume: 606,067 shs.
  • Short Ratio: 6.55
 

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) released its quarterly earnings data on Monday, August, 7th. The company reported ($1.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.20) by $0.13. The business earned $4.09 million during the quarter, compared to analysts' expectations of $2.99 million. View Veritone's Earnings History.

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

4 equities research analysts have issued 12-month price objectives for Veritone's shares. Their predictions range from $18.00 to $62.00. On average, they expect Veritone's stock price to reach $30.25 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
  • Ryan Steelberg, President, Director
  • Peter F. Collins, Chief Financial Officer, Senior Vice President
  • Jeffrey B. Coyne, Executive Vice President, General Counsel, Secretary
  • Jeff Gehl, Director
  • G. Louis Graziadio III, Director
  • Knute P. Kurtz, Director
  • Edward J. Treska, Director
  • Frank E. Walsh III, Director

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 owns Veritone stock?

Veritone's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include STEELBERG CHAD (37.90%). View Institutional Ownership Trends for Veritone.

How do I buy Veritone stock?

Shares of Veritone can be purchased through any online brokerage account. Popular online brokerages 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 $31.53.


MarketBeat Community Rating for Veritone (NASDAQ VERI)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  57 (Vote Underperform)
Total Votes:  114
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

Consensus Ratings for Veritone (NASDAQ:VERI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $30.25 (4.06% downside)
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
9/29/2017Roth CapitalReiterated RatingBuy -> Buy$13.20 -> $62.00MediumView Rating Details
9/10/2017Northland SecuritiesSet Price TargetBuy$23.00HighView Rating Details
8/14/2017B. RileyReiterated RatingVERI ($18.00LowView Rating Details
6/21/2017WunderlichReiterated RatingBuy$18.00HighView Rating Details
6/6/2017Craig HallumInitiated CoverageBuyMediumView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History 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
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)
Current Year EPS Consensus Estimate: $-4.73 EPS
Next Year EPS Consensus Estimate: $-2.07 EPS

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: 9.73%
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

Headline Trends for Veritone (NASDAQ:VERI)
Latest Headlines for Veritone (NASDAQ:VERI)
Source:
DateHeadline
reuters.com logoVeritone CEO expects to tap equity market for funds in 2018 - Reuters
www.reuters.com - October 17 at 8:47 AM
seekingalpha.com logoIs Veritone Really An AI Company?
seekingalpha.com - October 14 at 9:08 AM
finance.yahoo.com logoVeritone Expansion Fuels Growth in Thriving Latin American Market with FOX Sports Brasil Relationship
finance.yahoo.com - October 13 at 9:56 AM
americanbankingnews.com logoVeritone, Inc. (VERI) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - October 11 at 2:44 PM
bloomberg.com logoCitron Target Veritone Says Its Stock Isn't a Short, It's Still Cheap
www.bloomberg.com - October 10 at 8:06 AM
finance.yahoo.com logoActiance Helps FinServ Companies Meet Toughest MiFID II Compliance Challenges
finance.yahoo.com - October 4 at 8:50 AM
thestreet.com logoArtificial Intelligence Leader Veritone Recognized By Oracle For Excellence In Application Development
www.thestreet.com - October 3 at 7:36 PM
benzinga.com logoRoth Capital: Veritone Is The Real Deal — And Could Be Worth $1B
www.benzinga.com - September 30 at 9:03 AM
americanbankingnews.com logoVeritone, Inc. (VERI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 30 at 8:52 AM
benzinga.com logoSome Important Things To Consider If You're Trading Veritone
www.benzinga.com - September 29 at 1:50 PM
americanbankingnews.com logoRoth Capital Reiterates Buy Rating for Veritone, Inc. (VERI)
www.americanbankingnews.com - September 29 at 10:56 AM
finance.yahoo.com logoThis New IPO Has Surged 615% Since Mid-August On 'Best Of Show' AI Bets
finance.yahoo.com - September 23 at 10:41 AM
investorplace.com logoVeritone Inc (VERI) Stock Skyrockets After Receiving AI Award
investorplace.com - September 21 at 4:03 PM
americanbankingnews.com logoNutanix (NTNX) versus Veritone (VERI) Head-To-Head Review
www.americanbankingnews.com - September 19 at 4:44 PM
finance.yahoo.com logoDalet and Veritone Collaborate to Further Media Industry Adoption of Artificial Intelligence
finance.yahoo.com - September 15 at 10:56 AM
finance.yahoo.com logoWatch Out Watson: Small Companies Threaten IBM's Artificial Intelligence
finance.yahoo.com - September 15 at 10:56 AM
americanbankingnews.com logoHead-To-Head Survey: Nutanix (NTNX) and Veritone (VERI)
www.americanbankingnews.com - September 14 at 6:05 PM
finance.yahoo.com logoWazee Digital and Veritone Partner to Transform Media Asset Management with Artificial Intelligence
finance.yahoo.com - September 12 at 11:50 AM
americanbankingnews.com logoNorthland Securities Analysts Give Veritone, Inc. (VERI) a $23.00 Price Target
www.americanbankingnews.com - September 11 at 8:24 PM
americanbankingnews.com logoVeritone, Inc. (VERI) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - September 5 at 8:48 AM
americanbankingnews.com logoNorthland Securities Reiterates $19.00 Price Target for Veritone, Inc. (VERI)
www.americanbankingnews.com - August 29 at 7:02 PM
finance.yahoo.com logoQuantum Begins Shipping Xcellis Workflow Storage With Veritone aiWARE Artificial Intelligence Platform
finance.yahoo.com - August 29 at 9:22 AM
businesswire.com logoAcacia Research Corporation’s Strategic Partner Veritone Inc. Recently Featured In Barron’s Tech Trader Article Highlighting Veritone’s Unique Position Within Artificial ...
www.businesswire.com - August 25 at 12:17 PM
finance.yahoo.com logoVeritone Sets Financial Conference Schedule for September 2017
finance.yahoo.com - August 25 at 12:17 PM
benzinga.com logoTrading Veritone's Barron's Pop
www.benzinga.com - August 23 at 1:30 PM
benzinga.com logoVeritone Gets A Huge Boost From Positive Barron's Coverage
www.benzinga.com - August 22 at 7:40 AM
finance.yahoo.com logoVeritone Expands Relativity Integration with Advanced e-Discovery Language Translation
finance.yahoo.com - August 15 at 8:00 AM
americanbankingnews.com logoVeritone's (VERI) VERI ( Rating Reiterated at B. Riley
www.americanbankingnews.com - August 14 at 7:56 PM
americanbankingnews.com logoVeritone, Inc. (VERI) Coverage Initiated at Roth Capital
www.americanbankingnews.com - August 13 at 2:52 PM
americanbankingnews.com logoVeritone, Inc. (NASDAQ:VERI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 11 at 7:00 PM
americanbankingnews.com logoHead to Head Comparison: Veritone (VERI) vs. Qualys (QLYS)
www.americanbankingnews.com - August 8 at 10:18 PM
americanbankingnews.com logoVeritone, Inc. (NASDAQ:VERI) Issues Earnings Results
www.americanbankingnews.com - August 8 at 11:14 AM
finance.yahoo.com logoVeritone Reports Financial Results for the Second Quarter and First Six Months of 2017
finance.yahoo.com - August 8 at 8:05 AM
americanbankingnews.com logo Veritone, Inc. (VERI) Given $19.00 Average Target Price by Analysts
www.americanbankingnews.com - August 8 at 7:32 AM
americanbankingnews.com logoB. Riley Reaffirms "Buy" Rating for Veritone, Inc. (VERI)
www.americanbankingnews.com - August 4 at 10:08 AM
finance.yahoo.com logoVeritone Conductor Produces Significant Accuracy Gains, Affirming that Orchestrated, Multi-Engine Cognition is the Future of Artificial Intelligence
finance.yahoo.com - August 4 at 9:40 AM
finance.yahoo.com logoVeritone to Present at the 37th Annual Canaccord Genuity Growth Conference on August 9, 2017
finance.yahoo.com - August 1 at 7:26 AM
americanbankingnews.com logoBrokerages Anticipate Veritone, Inc. (VERI) to Announce ($1.10) EPS
www.americanbankingnews.com - July 25 at 12:51 AM
finance.yahoo.com logoVeritone Sets Second Quarter 2017 Earnings Call for Monday, August 7, 2017 at 4:30 p.m. EDT
finance.yahoo.com - July 22 at 10:15 AM
americanbankingnews.com logoVeritone (VERI) & Qualys (QLYS) Head to Head Survey
www.americanbankingnews.com - July 20 at 2:35 PM
americanbankingnews.com logoAnalyzing Veritone (VERI) and support.com (SPRT)
www.americanbankingnews.com - July 20 at 9:42 AM
americanbankingnews.com logoVeritone, Inc. (VERI) Given Buy Rating at Northland Securities
www.americanbankingnews.com - July 19 at 1:15 PM
finance.yahoo.com logoLegalZoom Broadens Relationship with Veritone One to Include Local and National Advertising Campaigns
finance.yahoo.com - July 19 at 9:01 AM
finance.yahoo.com logoVeritone and B6A Collaborate to Deliver Unique Video Analytics and Insights with Artificial Intelligence
finance.yahoo.com - July 13 at 11:12 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Veritone's Quarterly Revenue Soared 50%
finance.yahoo.com - July 5 at 11:11 AM
americanbankingnews.com logoVeritone (VERI) vs. GTT Communications (GTT) Head to Head Review
www.americanbankingnews.com - July 1 at 8:40 AM
streetinsider.com logoVeritone, Inc. (VERI) Reports Q1 Loss of $3.09/Share
www.streetinsider.com - June 23 at 12:36 AM
reuters.com logoBRIEF-Veritone Inc's Q1 loss per share $3.09
www.reuters.com - June 23 at 12:36 AM

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Chart

Veritone (VERI) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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