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

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$5.67 -0.11 (-1.90 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$5.67
Today's Range$5.41 - $5.77
52-Week Range$4.95 - $27.95
Volume428,229 shs
Average Volume626,079 shs
Market Capitalization$111.72 million
P/E Ratio-1.24
Dividend YieldN/A
Beta1.11
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

Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:VERI
Previous Symbol
CUSIPN/A
Phone888-507-1737

Debt

Debt-to-Equity RatioN/A
Current Ratio1.67
Quick Ratio1.67

Price-To-Earnings

Trailing P/E Ratio-1.24
Forward P/E Ratio-1.73
P/E GrowthN/A

Sales & Book Value

Annual Sales$14.41 million
Price / Sales7.61
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.85 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)($4.59)
Net Income$-59,600,000.00
Net Margins-286.28%
Return on Equity-86.60%
Return on Assets-55.37%

Miscellaneous

Employees219
Outstanding Shares19,330,000
Market Cap$111.72 million
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) announced its quarterly earnings data on Monday, November, 12th. The company reported ($0.86) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.78) by $0.08. The company had revenue of $7.55 million for the quarter, compared to analysts' expectations of $6.03 million. Veritone had a negative return on equity of 86.60% and a negative net margin of 286.28%. The company's revenue was up 102.9% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.31) earnings per share. View Veritone's Earnings History.

When is Veritone's next earnings date?

Veritone is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Veritone.

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

Veritone issued an update on its fourth quarter 2018 earnings guidance on Monday, November, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.3-9.7 million, compared to the consensus revenue estimate of $9.51 million.

What price target have analysts set for VERI?

5 analysts have issued 12-month price targets for Veritone's stock. Their predictions range from $9.00 to $30.00. On average, they anticipate Veritone's stock price to reach $16.00 in the next year. This suggests a possible upside of 182.2% 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?

Press coverage about VERI stock has trended somewhat positive on Saturday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Veritone earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

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 (Age 53)
  • Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 51)
  • Mr. John A. Ganley, Exec. VP of HR (Age 70)

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 served 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 number of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (3.32%), Vanguard Group Inc (2.39%), BlackRock Inc. (2.51%), Mirae Asset Global Investments Co. Ltd. (2.24%), Gladstone Capital Management LLP (0.68%) and Wells Fargo & Company MN (0.31%). 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 Marshall Wace North America L.P., Gladstone Capital Management LLP and Vanguard Group Inc. View Insider Buying and Selling for Veritone.

Which major investors are buying Veritone stock?

VERI stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Morgan Stanley, Dimensional Fund Advisors LP, Wells Fargo & Company MN, First Trust Advisors LP, GSA Capital Partners LLP, AQR Capital Management LLC and BlackRock Inc.. 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 $5.67.

How big of a company is Veritone?

Veritone has a market capitalization of $111.72 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:  182 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  419
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 12/15/2018 by MarketBeat.com Staff

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