NASDAQ:VERI - Veritone Stock Price, Price Target & More

$17.05 -0.06 (-0.35 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$17.05
Today's Range$16.80 - $17.45
52-Week Range$7.76 - $74.92
Volume63,394 shs
Average Volume285,378 shs
Market Capitalization$274.98 million
P/E Ratio-3.71
Dividend YieldN/A
BetaN/A

About Veritone (NASDAQ:VERI)

Veritone logoVeritone, 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
SymbolNASDAQ:VERI
CUSIPN/A
Phone888-507-1737

Debt

Debt-to-Equity RatioN/A
Current Ratio3.08%
Quick Ratio3.08%

Price-To-Earnings

Trailing P/E Ratio-3.71
Forward P/E Ratio-5.84
P/E GrowthN/A

Sales & Book Value

Annual Sales$14.41 million
Price / Sales19.19
Cash FlowN/A
Price / CashN/A
Book Value$3.85 per share
Price / Book4.43

Profitability

EPS (Most Recent Fiscal Year)($4.59)
Net Income$-59,600,000.00
Net Margins-413.52%
Return on Equity-158.62%
Return on Assets-64.69%

Miscellaneous

Employees219
Outstanding Shares16,220,000

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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 (NASDAQ:VERI) issued its quarterly earnings results on Monday, February, 26th. The company reported ($0.83) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.59) by $0.24. The firm had revenue of $3.49 million for the quarter, compared to the consensus estimate of $4.41 million. Veritone had a negative return on equity of 158.62% and a negative net margin of 413.52%. The business's revenue was up 75.4% on a year-over-year basis. During the same period last year, the company posted ($4.12) EPS. View Veritone's Earnings History.

What price target have analysts set for VERI?

5 analysts have issued 1 year price targets for Veritone's stock. Their predictions range from $10.00 to $32.00. On average, they anticipate Veritone's share price to reach $21.20 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:
  • Mr. Chad Steelberg, Chairman & CEO (Age 46)
  • Mr. Ryan Steelberg, Pres & Director (Age 44)
  • Mr. Peter F. Collins, Exec. VP, CFO and Principal Financial & Accounting Officer (Age 53)
  • Mr. Jeffrey B. Coyne Esq., Exec. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. Scott Bogdan, Sr. VP of Operations

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 acted as the underwriters for the IPO and Northland Capital Markets was co-manager.

Has Veritone been receiving favorable news coverage?

Press coverage about VERI stock has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Veritone earned a media sentiment score of 0.11 on Accern's scale. They also assigned media stories about the company an impact score of 44.75 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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 $17.05.

How big of a company is Veritone?

Veritone has a market capitalization of $274.98 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.

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 (VERI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  274
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.

Analyst Ratings

Veritone (NASDAQ:VERI) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
5 Wall Street analysts have issued ratings and price targets for Veritone in the last 12 months. Their average twelve-month price target is $21.20, suggesting that the stock has a possible upside of 24.34%. The high price target for VERI is $32.00 and the low price target for VERI is $10.00. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.602.602.603.00
Ratings Breakdown: 1 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $21.20$21.20$29.80$30.25
Price Target Upside: 24.34% upside17.19% upside24.79% upside17.98% downside

Veritone (NASDAQ:VERI) Consensus Price Target History

Price Target History for Veritone (NASDAQ:VERI)

Veritone (NASDAQ:VERI) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/27/2018Craig HallumReiterated RatingBuy$31.00 -> $23.00HighView Rating Details
2/27/2018B. RileyLower Price TargetSell -> Sell$15.00 -> $10.00HighView Rating Details
2/20/2018Roth CapitalLower Price TargetBuy$62.00 -> $32.00LowView Rating Details
9/10/2017Northland SecuritiesSet Price TargetBuy$23.00HighView Rating Details
6/21/2017WunderlichReiterated RatingBuy$18.00HighView Rating Details
(Data available from 4/21/2016 forward)

Earnings

Veritone (NASDAQ:VERI) Earnings History and Estimates Chart

Earnings by Quarter for Veritone (NASDAQ:VERI)

Veritone (NASDAQ:VERI) Earnings Estimates

2018 EPS Consensus Estimate: ($3.41)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.91)($0.91)($0.91)
Q2 20181($0.89)($0.89)($0.89)
Q3 20181($0.83)($0.83)($0.83)
Q4 20181($0.78)($0.78)($0.78)

Veritone (NASDAQ VERI) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/26/2018Q4 2017($0.59)($0.83)$4.41 million$3.49 millionViewListenView Earnings Details
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
(Earnings results data provided by Zacks Investment Research)

Dividends

Veritone (NASDAQ:VERI) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Veritone (NASDAQ VERI) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 9.90%
Insider Trading History for Veritone (NASDAQ:VERI)
Insider Trading History for Veritone (NASDAQ:VERI)

Veritone (NASDAQ VERI) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/14/2018G Louis Graziadio IIIDirectorBuy12,400$14.60$181,040.0083,349View SEC Filing  
3/8/2018Peter F. CollinsCFOBuy10,000$14.16$141,600.00View SEC Filing  
5/16/2017G Louis Graziadio IIIDirectorBuy24,780$11.67$289,182.6082,349View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Veritone (NASDAQ VERI) News Headlines

Source:
DateHeadline
Veritone (VERI) Upgraded to Hold by Zacks Investment ResearchVeritone (VERI) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 20 at 11:54 AM
Veritone Inc (VERI) Receives Consensus Recommendation of "Hold" from BrokeragesVeritone Inc (VERI) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 18 at 9:15 AM
Tintri (TNTR) versus Veritone (VERI) Financial ReviewTintri (TNTR) versus Veritone (VERI) Financial Review
www.americanbankingnews.com - April 15 at 9:25 AM
 Analysts Anticipate Veritone Inc (VERI) Will Post Quarterly Sales of $3.90 Million Analysts Anticipate Veritone Inc (VERI) Will Post Quarterly Sales of $3.90 Million
www.americanbankingnews.com - April 15 at 4:41 AM
 Analysts Anticipate Veritone Inc (VERI) Will Post Earnings of -$0.81 Per Share Analysts Anticipate Veritone Inc (VERI) Will Post Earnings of -$0.81 Per Share
www.americanbankingnews.com - April 13 at 9:25 AM
Veritone to Advance Federal Government Presence with FedRAMP Compliance InitiativeVeritone to Advance Federal Government Presence with FedRAMP Compliance Initiative
finance.yahoo.com - April 12 at 5:01 PM
B. Riley Reiterates VERI ( Rating for Veritone (VERI)B. Riley Reiterates VERI ( Rating for Veritone (VERI)
www.americanbankingnews.com - April 11 at 7:19 PM
Veritone (VERI) Upgraded to Sell at BidaskClubVeritone (VERI) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - April 10 at 3:25 PM
How Veritone Is Breaking Through With Its AI PlatformHow Veritone Is Breaking Through With Its AI Platform
www.msn.com - April 7 at 9:14 AM
Mid-Day Market Update: Dow Rises 300 Points; Conatus Pharmaceuticals Shares SlideMid-Day Market Update: Dow Rises 300 Points; Conatus Pharmaceuticals Shares Slide
www.nasdaq.com - April 5 at 4:53 PM
Why Veritone Inc (VERI) Stock Is Soaring TodayWhy Veritone Inc (VERI) Stock Is Soaring Today
investorplace.com - April 5 at 1:25 PM
Veritone Announces Breakthrough Real-Time Artificial Intelligence CapabilitiesVeritone Announces Breakthrough Real-Time Artificial Intelligence Capabilities
finance.yahoo.com - April 5 at 10:57 AM
NT Concepts Partners with Veritone to Deliver Powerful AI Tech to Federal CustomersNT Concepts Partners with Veritone to Deliver Powerful AI Tech to Federal Customers
www.benzinga.com - April 2 at 9:19 AM
Critical Comparison: Universal Business Payment Solutions Acquisition (JTPY) vs. Veritone (VERI)Critical Comparison: Universal Business Payment Solutions Acquisition (JTPY) vs. Veritone (VERI)
www.americanbankingnews.com - March 29 at 11:26 PM
Veritone Inc (VERI) Expected to Post Quarterly Sales of $3.90 MillionVeritone Inc (VERI) Expected to Post Quarterly Sales of $3.90 Million
www.americanbankingnews.com - March 29 at 10:03 AM
Zacks: Analysts Anticipate Veritone Inc (VERI) Will Announce Earnings of -$0.81 Per ShareZacks: Analysts Anticipate Veritone Inc (VERI) Will Announce Earnings of -$0.81 Per Share
www.americanbankingnews.com - March 27 at 8:26 AM
Veritone Inc (VERI) Given Average Recommendation of "Hold" by BrokeragesVeritone Inc (VERI) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 24 at 8:28 AM
Form 4 Veritone, Inc. For: Mar 15 Filed by: COYNE JEFFREY B - StreetInsider.comForm 4 Veritone, Inc. For: Mar 15 Filed by: COYNE JEFFREY B - StreetInsider.com
www.streetinsider.com - March 21 at 9:48 AM
Form 4 Veritone, Inc. For: Mar 15 Filed by: Collins Peter FForm 4 Veritone, Inc. For: Mar 15 Filed by: Collins Peter F
www.streetinsider.com - March 20 at 9:06 AM
Veritone Inc (VERI) Director G Louis Graziadio III Purchases 12,400 SharesVeritone Inc (VERI) Director G Louis Graziadio III Purchases 12,400 Shares
www.americanbankingnews.com - March 15 at 10:08 PM
ESPN partners with Veritone AI platform to analyze sports coverageESPN partners with Veritone AI platform to analyze sports coverage
finance.yahoo.com - March 13 at 9:03 AM
Zacks: Analysts Expect Veritone Inc (VERI) Will Post Earnings of -$0.81 Per ShareZacks: Analysts Expect Veritone Inc (VERI) Will Post Earnings of -$0.81 Per Share
www.americanbankingnews.com - March 10 at 1:10 AM
Veritone Inc (VERI) CFO Peter F. Collins Purchases 10,000 SharesVeritone Inc (VERI) CFO Peter F. Collins Purchases 10,000 Shares
www.americanbankingnews.com - March 9 at 9:30 PM
Contrasting Veritone (VERI) and Demandware (DWRE)Contrasting Veritone (VERI) and Demandware (DWRE)
www.americanbankingnews.com - March 8 at 1:10 AM
Veritone Announces Multiple New Agreements with Leading Broadcasters to Efficiently Ingest, Track and Extend ContentVeritone Announces Multiple New Agreements with Leading Broadcasters to Efficiently Ingest, Track and Extend Content
finance.yahoo.com - March 7 at 5:51 PM
Veritone to Present at 30th Annual ROTH Capital Conference on March 12, 2018Veritone to Present at 30th Annual ROTH Capital Conference on March 12, 2018
finance.yahoo.com - March 2 at 8:50 AM
Q1 2018 EPS Estimates for Veritone Inc (VERI) Decreased by B. RileyQ1 2018 EPS Estimates for Veritone Inc (VERI) Decreased by B. Riley
www.americanbankingnews.com - March 1 at 6:52 AM
Veritone (VERI) Announces Quarterly  Earnings Results, Misses Estimates By $0.24 EPSVeritone (VERI) Announces Quarterly Earnings Results, Misses Estimates By $0.24 EPS
www.americanbankingnews.com - February 27 at 5:50 PM
Craig Hallum Reiterates Buy Rating for Veritone (VERI)Craig Hallum Reiterates Buy Rating for Veritone (VERI)
www.americanbankingnews.com - February 27 at 4:08 PM
Veritone (VERI) Given New $10.00 Price Target at B. RileyVeritone (VERI) Given New $10.00 Price Target at B. Riley
www.americanbankingnews.com - February 27 at 1:07 PM
Tech Today: Snow in Barcelona, Fitbit Crashes, Samsung Galaxy Chip ScrutinizedTech Today: Snow in Barcelona, Fitbit Crashes, Samsung Galaxy Chip Scrutinized
finance.yahoo.com - February 27 at 8:54 AM
Veritone Inc (VERI) Receives Average Recommendation of "Hold" from AnalystsVeritone Inc (VERI) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - February 27 at 7:36 AM
Veritone Plunges 13%: A.I. Startups Q4 Misses by a MileVeritone Plunges 13%: A.I. Startup's Q4 Misses by a Mile
finance.yahoo.com - February 26 at 5:21 PM
Veritone Reports Financial Results for the Fourth Quarter and Full Year of 2017Veritone Reports Financial Results for the Fourth Quarter and Full Year of 2017
finance.yahoo.com - February 26 at 5:21 PM
This Mornings Technical Outlook on Application Software Stocks -- Shopify, Twilio, Veritone, and ZendeskThis Morning's Technical Outlook on Application Software Stocks -- Shopify, Twilio, Veritone, and Zendesk
www.bizjournals.com - February 26 at 8:48 AM
Veritone (VERI) Cut to "Sell" at Zacks Investment ResearchVeritone (VERI) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - February 23 at 6:14 PM
$4.48 Million in Sales Expected for Veritone Inc (VERI) This Quarter$4.48 Million in Sales Expected for Veritone Inc (VERI) This Quarter
www.americanbankingnews.com - February 23 at 7:26 AM
Veritone (VERI) Price Target Lowered to $32.00 at Roth CapitalVeritone (VERI) Price Target Lowered to $32.00 at Roth Capital
www.americanbankingnews.com - February 20 at 8:26 PM
Veritone: Roth Slashes Very Generous Target to a Little Less GenerousVeritone: Roth Slashes Very Generous Target to a Little Less Generous
finance.yahoo.com - February 20 at 5:20 PM
Veritone, Inc. (VERI): Cutting PT To $32 from $64 Ahead of Earnings - Roth CapitalVeritone, Inc. (VERI): Cutting PT To $32 from $64 Ahead of Earnings - Roth Capital
www.streetinsider.com - February 20 at 8:42 AM
Veritone to Present at JMP Securities’ Annual Technology Research Conference on February 27, 2018Veritone to Present at JMP Securities’ Annual Technology Research Conference on February 27, 2018
finance.yahoo.com - February 13 at 9:38 AM
Why Veritone Inc. Stock Fell 24% in JanuaryWhy Veritone Inc. Stock Fell 24% in January
finance.yahoo.com - February 13 at 9:38 AM
BRIEF-Veritone And Entercom Announce Agreement To Maximize Broadcasters Distribution And Reach With Artificial IntelligenceBRIEF-Veritone And Entercom Announce Agreement To Maximize Broadcaster's Distribution And Reach With Artificial Intelligence
www.reuters.com - February 8 at 4:03 PM
Veritone and Entercom Announce Agreement to Maximize Broadcaster’s Distribution and Reach with Artificial IntelligenceVeritone and Entercom Announce Agreement to Maximize Broadcaster’s Distribution and Reach with Artificial Intelligence
finance.yahoo.com - February 8 at 4:03 PM
Veritone Sets Fourth Quarter and Full Year 2017 Earnings Call for Monday, February 26, 2018 at 4:30 p.m. ESTVeritone Sets Fourth Quarter and Full Year 2017 Earnings Call for Monday, February 26, 2018 at 4:30 p.m. EST
finance.yahoo.com - February 6 at 9:29 AM
Zacks: Brokerages Expect Veritone Inc (VERI) Will Post Quarterly Sales of $4.48 MillionZacks: Brokerages Expect Veritone Inc (VERI) Will Post Quarterly Sales of $4.48 Million
www.americanbankingnews.com - February 6 at 9:14 AM
Veritone (VERI) Stock Rating Lowered by BidaskClubVeritone (VERI) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - February 4 at 12:38 PM
Veritone Inc (VERI) Expected to Announce Earnings of -$0.65 Per ShareVeritone Inc (VERI) Expected to Announce Earnings of -$0.65 Per Share
www.americanbankingnews.com - February 4 at 11:14 AM
Veritone Inc (VERI) Receives Average Recommendation of "Hold" from BrokeragesVeritone Inc (VERI) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - February 2 at 1:03 PM
BidaskClub Upgrades Veritone (VERI) to SellBidaskClub Upgrades Veritone (VERI) to Sell
www.americanbankingnews.com - January 28 at 11:22 PM

SEC Filings

Veritone (NASDAQ:VERI) SEC Filings

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Social Media

Financials

Veritone (NASDAQ:VERI) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Veritone (NASDAQ VERI) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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