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Veritone ( (VERI) ) has issued an announcement.
On October 15, 2025, Veritone, Inc. announced a registered direct offering of 12,864,494 shares of common stock at $5.83 per share, expected to raise approximately $75 million. The proceeds will be used for working capital and general corporate purposes. The offering is set to close on or about October 17, 2025, subject to customary conditions, and highlights Veritone’s strategic financial maneuvers to support its operations and growth in the AI industry.
The most recent analyst rating on (VERI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Veritone stock, see the VERI Stock Forecast page.
Spark’s Take on VERI Stock
According to Spark, TipRanks’ AI Analyst, VERI is a Neutral.
Veritone’s overall stock score reflects significant financial challenges, with declining revenues and high leverage being major concerns. However, strong technical indicators and positive earnings call highlights, including growth in AI solutions and strategic contracts, provide some optimism. The valuation remains unattractive due to ongoing losses. Recent corporate events suggest strategic efforts to improve financial stability and growth prospects.
To see Spark’s full report on VERI stock, click here.
More about Veritone
Veritone, Inc. is a company that develops human-centered enterprise AI solutions, serving industries such as media, entertainment, public sector, and talent acquisition. Their software and services, including the aiWARE platform, help organizations improve efficiency, decision-making, and profitability by integrating human expertise with AI technology.
Average Trading Volume: 5,986,542
Technical Sentiment Signal: Buy
Current Market Cap: $576.2M
Find detailed analytics on VERI stock on TipRanks’ Stock Analysis page.