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

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$5.28 +0.18 (+3.53 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$5.10
Today's Range$4.88 - $5.40
52-Week Range$3.65 - $24.76
Volume1.39 million shs
Average Volume819,769 shs
Market Capitalization$102.05 million
P/E Ratio-1.15
Dividend YieldN/A
Beta2.77
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

Price-To-Earnings

Sales & Book Value

Annual Sales$14.41 million
Book Value$3.85 per share

Profitability

Net Income$-59,600,000.00
Net Margins-286.28%

Miscellaneous

Employees219
Market Cap$102.05 million
Next Earnings Date5/14/2019 (Estimated)
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) issued its quarterly earnings results on Thursday, February, 21st. The company reported ($0.92) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.72) by $0.20. The business had revenue of $10.95 million for the quarter, compared to analysts' expectations of $10.79 million. Veritone had a negative return on equity of 86.60% and a negative net margin of 286.28%. View Veritone's Earnings History.

When is Veritone's next earnings date?

Veritone is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Veritone.

What price target have analysts set for VERI?

5 equities research analysts have issued 12-month price objectives for Veritone's stock. Their predictions range from $9.00 to $30.00. On average, they expect Veritone's stock price to reach $16.00 in the next year. This suggests a possible upside of 203.0% 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 positive this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Veritone earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Veritone's key competitors?

What other stocks do shareholders of Veritone own?

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.57%), Prescott Group Capital Management L.L.C. (2.54%), Mirae Asset Global Investments Co. Ltd. (1.72%), Uniplan Investment Counsel Inc. (1.33%), Northern Trust Corp (0.49%) and Geode Capital Management LLC (0.47%). 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 major investors are selling Veritone stock?

VERI stock was sold by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd. and Bank of New York Mellon Corp. View Insider Buying and Selling for Veritone.

Which major investors are buying Veritone stock?

VERI stock was acquired by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Uniplan Investment Counsel Inc., Virtu Financial LLC, BlackRock Inc., NJ State Employees Deferred Compensation Plan, First Trust Advisors LP, GSA Capital Partners LLP and Dimensional Fund Advisors LP. 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 $5.28.

How big of a company is Veritone?

Veritone has a market capitalization of $102.05 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:  189 (Vote Outperform)
Underperform Votes:  240 (Vote Underperform)
Total Votes:  429
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 2/22/2019 by MarketBeat.com Staff

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