NASDAQ:VERI

Veritone Stock Forecast, Price & News

$26.21
+0.11 (+0.42 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$26.00
Now: $26.21
$28.10
50-Day Range
$21.49
MA: $27.26
$36.50
52-Week Range
$3.80
Now: $26.21
$50.34
Volume716,426 shs
Average Volume905,419 shs
Market Capitalization$846.56 million
P/E RatioN/A
Dividend YieldN/A
Beta3.55
Veritone, Inc., together with its subsidiaries, provides artificial intelligence (AI) computing solutions in the United States and the United Kingdom. The company develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models, such as cognitive queries, predictions, correlations, and analyses in real-time using AI models in various categories comprising transcription, face recognition, and object recognition to reveal valuable insights from vast amounts of structured and unstructured data. It also provides media advertising agency services, including media planning and strategy, advertisement 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. The company serves media and entertainment, government, legal and compliance, energy, and other vertical markets. It has a strategic relationship with Alteryx, Inc. to power the Alteryx analytic process automation platform with New, advanced AI capabilities. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
Veritone logo

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
Current SymbolNASDAQ:VERI
CUSIPN/A
Phone888-507-1737
Employees308
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$49.65 million
Book Value$1.93 per share

Profitability

Net Income$-62,080,000.00

Miscellaneous

Market Cap$846.56 million
Next Earnings Date5/4/2021 (Confirmed)
OptionableOptionable

Headlines

Veritone (NASDAQ:VERI) Shares Up 5.9%
April 22, 2021 |  americanbankingnews.com
Veritone (NASDAQ:VERI) Shares Down 8.1%
April 19, 2021 |  americanbankingnews.com
Veritone (NASDAQ:VERI) Trading Up 5.7%
April 14, 2021 |  americanbankingnews.com
Veritone (NASDAQ:VERI) Shares Down 6.4%
April 9, 2021 |  americanbankingnews.com
Veritone (NASDAQ:VERI) Shares Gap Up to $23.50
April 8, 2021 |  americanbankingnews.com
The AI Revolution Could Send These 2 Stocks Higher
April 4, 2021 |  finance.yahoo.com
Veritone, Inc. (NASDAQ:VERI) Short Interest Update
April 2, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.04 out of 5 stars

Business Services Sector

215th out of 442 stocks

Data Processing & Preparation Industry

48th out of 100 stocks

Analyst Opinion: 2.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$26.21
+0.11 (+0.42 %)
(As of 04/22/2021 12:00 AM ET)
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Veritone (NASDAQ:VERI) Frequently Asked Questions

Is Veritone a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veritone in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Veritone stock.
View analyst ratings for Veritone
or view top-rated stocks.

What stocks does MarketBeat like better than Veritone?

Wall Street analysts have given Veritone a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Veritone wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Veritone?

Veritone saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,970,000 shares, an increase of 32.2% from the February 28th total of 1,490,000 shares. Based on an average trading volume of 993,600 shares, the days-to-cover ratio is presently 2.0 days.
View Veritone's Short Interest
.

When is Veritone's next earnings date?

Veritone is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Veritone
.

How can I listen to Veritone's earnings call?

Veritone will be holding an earnings conference call on Tuesday, May 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Veritone's earnings last quarter?

Veritone, Inc. (NASDAQ:VERI) announced its earnings results on Thursday, March, 4th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.25. Veritone had a negative trailing twelve-month return on equity of 122.72% and a negative net margin of 94.44%.
View Veritone's earnings history
.

How has Veritone's stock been impacted by COVID-19?

Veritone's stock was trading at $2.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VERI shares have increased by 1,124.8% and is now trading at $26.21.
View which stocks have been most impacted by COVID-19
.

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

Veritone updated its first quarter 2021 After-Hours earnings guidance on Thursday, March, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $17-17.5 million, compared to the consensus revenue estimate of $15.41 million.

What price target have analysts set for VERI?

6 brokers have issued 1 year target prices for Veritone's shares. Their forecasts range from $6.00 to $50.00. On average, they expect Veritone's stock price to reach $30.17 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Veritone
or view top-rated stocks among Wall Street analysts.

Who are Veritone's key executives?

Veritone's management team includes the following people:
  • Mr. Chad Steelberg, Chairman & CEO (Age 49, Pay $285.41k)
  • Mr. Ryan Scott Steelberg, Co-Founder, Pres & Director (Age 47, Pay $280.81k)
  • Mr. Jeffrey B. Coyne, Exec. VP, Gen. Counsel & Sec. (Age 54, Pay $255.54k)
  • Mr. Nathaniel L. Checketts, Advisor (Age 38, Pay $20k)
  • Mr. Michael L. Zemetra, Exec. VP, Chief Financial Officer & Treasurer (Age 50)
  • Mr. Scott Bogdan, Sr. VP of Operations
  • Mr. Brian Matthew Alger C.F.A., CFA, Sr. VP of Corp. Devel. & Investor Relations
  • Mr. Thor Valdmanis, Sr. VP of Corp. Communications
  • Mr. Locke Truong, VP of Marketing for Media & Entertainment and Monetization
  • Mr. John R. Newsom, Exec. VP (Age 59)

What is Chad Steelberg's approval rating as Veritone's CEO?

50 employees have rated Veritone CEO Chad Steelberg on Glassdoor.com. Chad Steelberg has an approval rating of 56% among Veritone's employees. This puts Chad Steelberg in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Veritone's key competitors?

What other stocks do shareholders of Veritone own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veritone investors own include NVIDIA (NVDA), Energy Transfer (ET), Advanced Micro Devices (AMD), OPKO Health (OPK), QUALCOMM (QCOM), Enphase Energy (ENPH), Overstock.com (OSTK), The Boeing (BA), AT&T (T) and Twilio (TWLO).

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

What is Veritone's stock symbol?

Veritone trades on the NASDAQ under the ticker symbol "VERI."

Who are Veritone's major shareholders?

Veritone's stock is owned by a variety of institutional and retail investors. Top institutional investors include Banta Asset Management LP (7.44%), Handelsinvest Investeringsforvaltning (0.28%) and Vanguard Capital Wealth Advisors (0.12%). Company insiders that own Veritone stock include Chad Steelberg, G Louis Graziadio III, Richard H Taketa and Ryan Steelberg.
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 Vanguard Capital Wealth Advisors, and Handelsinvest Investeringsforvaltning.
View insider buying and selling activity for Veritone
or view top insider-selling stocks.

Which major investors are buying Veritone stock?

VERI stock was purchased by a variety of institutional investors in the last quarter, including Banta Asset Management LP. Company insiders that have bought Veritone stock in the last two years include Chad Steelberg, G Louis Graziadio III, Richard H Taketa, and Ryan Steelberg.
View insider buying and selling activity for Veritone
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Veritone's stock price today?

One share of VERI stock can currently be purchased for approximately $26.21.

How much money does Veritone make?

Veritone has a market capitalization of $846.56 million and generates $49.65 million in revenue each year. The company earns $-62,080,000.00 in net income (profit) each year or ($2.85) on an earnings per share basis.

How many employees does Veritone have?

Veritone employs 308 workers across the globe.

What is Veritone's official website?

The official website for Veritone is www.veritone.com.

Where are Veritone's headquarters?

Veritone is headquartered at 575 ANTON BOULEVARD SUITE 100, COSTA MESA CA, 92626.

How can I contact Veritone?

Veritone's mailing address is 575 ANTON BOULEVARD SUITE 100, COSTA MESA CA, 92626. The company can be reached via phone at 888-507-1737 or via email at [email protected]


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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