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Veritone NasdaqGM:VERI Stock Report

Last Price

US$3.42

Market Cap

US$126.8m

7D

-11.3%

1Y

-29.1%

Updated

25 Apr, 2024

Data

Company Financials +

VERI Stock Overview

Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India.

VERI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Veritone, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veritone
Historical stock prices
Current Share PriceUS$3.42
52 Week HighUS$7.76
52 Week LowUS$1.48
Beta2.96
1 Month Change-44.56%
3 Month Change100.88%
1 Year Change-29.15%
3 Year Change-85.86%
5 Year Change-42.80%
Change since IPO-73.87%

Recent News & Updates

Veritone: Don't Fall For This AI-Hyped Stock

Apr 05

Veritone: Not An AI Stock To Bank On

Mar 25

Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%

Mar 19
Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%

Recent updates

Veritone: Don't Fall For This AI-Hyped Stock

Apr 05

Veritone: Not An AI Stock To Bank On

Mar 25

Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%

Mar 19
Veritone, Inc. (NASDAQ:VERI) Held Back By Insufficient Growth Even After Shares Climb 37%

Lacklustre Performance Is Driving Veritone, Inc.'s (NASDAQ:VERI) 33% Price Drop

Aug 11
Lacklustre Performance Is Driving Veritone, Inc.'s (NASDAQ:VERI) 33% Price Drop

Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Jun 27
Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Is Veritone (NASDAQ:VERI) A Risky Investment?

Mar 13
Is Veritone (NASDAQ:VERI) A Risky Investment?

Is There An Opportunity With Veritone, Inc.'s (NASDAQ:VERI) 43% Undervaluation?

Jan 12
Is There An Opportunity With Veritone, Inc.'s (NASDAQ:VERI) 43% Undervaluation?

Veritone (NASDAQ:VERI) Has Debt But No Earnings; Should You Worry?

Oct 19
Veritone (NASDAQ:VERI) Has Debt But No Earnings; Should You Worry?

Kyro Digital and Veritone join hands for new blockchain marketplaces

Oct 19

Veritone: The Only Way It's Going Is Down

Sep 14

Time To Worry? Analysts Just Downgraded Their Veritone, Inc. (NASDAQ:VERI) Outlook

Aug 11
Time To Worry? Analysts Just Downgraded Their Veritone, Inc. (NASDAQ:VERI) Outlook

Veritone tumbles after BofA pulls bull rating

Jul 13

Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Jul 08
Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Veritone: A First Take

Jun 02

Veritone: Well Positioned In Multi-Billion Artificial Intelligence Market

Mar 22

Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Mar 18
Is Veritone (NASDAQ:VERI) Using Too Much Debt?

Shareholder Returns

VERIUS SoftwareUS Market
7D-11.3%-0.2%1.0%
1Y-29.1%33.9%21.9%

Return vs Industry: VERI underperformed the US Software industry which returned 39.8% over the past year.

Return vs Market: VERI underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is VERI's price volatile compared to industry and market?
VERI volatility
VERI Average Weekly Movement25.9%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: VERI's share price has been volatile over the past 3 months.

Volatility Over Time: VERI's weekly volatility has increased from 18% to 26% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014680Ryan Steelbergwww.veritone.com

Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. 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.

Veritone, Inc. Fundamentals Summary

How do Veritone's earnings and revenue compare to its market cap?
VERI fundamental statistics
Market capUS$126.81m
Earnings (TTM)-US$58.62m
Revenue (TTM)US$127.56m

1.0x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VERI income statement (TTM)
RevenueUS$127.56m
Cost of RevenueUS$28.26m
Gross ProfitUS$99.30m
Other ExpensesUS$157.93m
Earnings-US$58.62m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 07, 2024

Earnings per share (EPS)-1.58
Gross Margin77.85%
Net Profit Margin-45.96%
Debt/Equity Ratio368.0%

How did VERI perform over the long term?

See historical performance and comparison
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