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Veritone Inc (VERI)
NASDAQ:VERI
Veritone (VERI) Stock Price & Analysis
947 Followers
VERI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.48 - $7.76
Previous Close$3.23
Volume401.09K
Average Volume (3M)2.88M
Market Cap
$121.90M
Enterprise Value$132.03M
Total Cash (Recent Filing)$79.44M
Total Debt (Recent Filing)$89.57M
Price to Earnings (P/E)-1.4
Beta1.91
Next Earnings
Aug 06, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.30
Shares Outstanding37,738,677
10 Day Avg. Volume1,353,616
30 Day Avg. Volume2,884,047
Standard Deviation0.41
R-Squared0.15
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.99
Price to Sales (P/S)0.96
Price to Cash Flow (P/CF)-1.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.97
Enterprise Value/Gross Profit1.33
Enterprise Value/Ebitda22.99
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Veritone News
PremiumCompany Announcements
Veritone Board Changes: Director Resignation and Nomination
Bulls Say, Bears Say
Bulls Say
Financial GuidanceGuidance indicates notably reduced losses due to cost reductions, paving the way for an improved financial outlook.
Growth PotentialThere is a favorable shift in growth prospects as the company is poised to return to growth with a leaner cost structure and improved liquidity.
ProfitabilityAnalysts expect the company to reach profitability by the fourth quarter following significant cost-saving measures and debt reduction.
Bears Say
Comparative GrowthFacing easier Amazon comparables may not sufficiently boost growth to previous levels.
Price Target AdjustmentPrice target has been reduced significantly amidst market valuation concerns.
Revenue Decline4Q revenue year-over-year declines accelerated, dropping significantly.
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Ownership Overview
19.84% Insiders
9.76% Mutual Funds
16.59% Other Institutional Investors
53.81% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VERI FAQ
What was Veritone Inc’s price range in the past 12 months?
Veritone Inc lowest stock price was $1.48 and its highest was $7.76 in the past 12 months.
What is Veritone Inc’s market cap?
Currently, no data Available
When is Veritone Inc’s upcoming earnings report date?
Veritone Inc’s upcoming earnings report date is Aug 06, 2024 which is in 81 days.
How were Veritone Inc’s earnings last quarter?
Veritone Inc released its earnings results on May 07, 2024. The company reported -$0.2 earnings per share for the quarter, the consensus estimate of -$0.2 by $0.
Is Veritone Inc overvalued?
According to Wall Street analysts Veritone Inc’s price is currently Overvalued.
Does Veritone Inc pay dividends?
Veritone Inc does not currently pay dividends.
What is Veritone Inc’s EPS estimate?
Veritone Inc’s EPS estimate is -$0.15.
How many shares outstanding does Veritone Inc have?
Veritone Inc has 37,738,678 shares outstanding.
What happened to Veritone Inc’s price movement after its last earnings report?
Veritone Inc reported an EPS of -$0.2 in its last earnings report, expectations of -$0.2. Following the earnings report the stock price went up 12.012%.
Which hedge fund is a major shareholder of Veritone Inc?
Currently, no hedge funds are holding shares in VERI
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Veritone Stock Smart Score
Underperform
1
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5
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7
8
9
10
Blogger Sentiment
Bearish
VERI Sentiment 84%
Sector Average 68%
Sector Average 68%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.25%
12-Months-Change
Fundamentals
Return on Equity
-161.04%
Trailing 12-Months
Asset Growth
-0.81%
Trailing 12-Months
Company Description
Veritone Inc
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. It operates through the following segments: Advertising; aiWARE SaaS Solutions; and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force. The company was founded by Chad Steelberg and Ryan Steelberg in 2014 and is headquartered in Costa Mesa, CA.
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VERI Company Deck
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VERI Earnings Call
Q1 2024
0:00 / 0:00
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VERI Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering VERI
1 Year
1 Year Success Rate
2/6 ratings generated profit
1 Year Average Return
-25.92%
downgraded a sell rating 6 months ago
Copying Chad Bennett's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -25.92% per trade.
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