Analysts have reset their price target on Veritone from $23 to $14, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and future P/E. The revised target is intended to better align the valuation with current expectations.
What's in the News
- Veritone plans to file its upcoming 10-K after the SEC deadline, following a disclosure that it will be unable to meet the required filing date for the report due 04/01/2026 (Delayed SEC Filings).
- The company issued full year 2026 guidance, with revenue expected between US$130 million and US$145 million and a net loss projected between US$53.8 million and US$43.3 million (Corporate Guidance).
- Veritone signed a multi-year agreement with Oracle to migrate its AI solutions, including aiWARE, Veritone Data Refinery and Veritone Data Marketplace, to Oracle Cloud Infrastructure to support scalability, security and performance needs (Client Announcement).
- The company launched Veritone Data Marketplace, a platform that connects rights holders with AI developers using governed, rights cleared datasets across media, sports, public safety and other content rich areas (Product Announcement).
- Veritone renewed a multi-year content licensing agreement with U.S. Soccer, remaining the licensing provider for audiovisual content across U.S. national teams and continuing to support content archiving, discovery and monetization (Client Announcement).
Valuation Changes
- Fair Value: Target moved from $23 to $14, indicating a substantial cut in the modeled equity value per share.
- Discount Rate: Assumption increased slightly from 9.80% to 10.33%, reflecting a higher required return in the model.
- Revenue Growth: Forecast trimmed modestly from 27.70% to 27.40%, implying a small adjustment to expected top line expansion.
- Net Profit Margin: Margin assumption adjusted slightly from 11.39% to 11.36%, signaling a very small change in expected profitability.
- Future P/E: Valuation multiple reduced from 146.62x to 84.92x, a large step down in the assumed earnings multiple applied to the business.
Have other thoughts on Veritone?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystHighTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystHighTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystHighTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.