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Veritone NasdaqGM:VERI Stock Report

Last Price

US$2.73

Market Cap

US$104.6m

7D

-10.8%

1Y

24.7%

Updated

24 Nov, 2024

Data

Company Financials +

Veritone, Inc.

NasdaqGM:VERI Stock Report

Market Cap: US$104.6m

VERI Stock Overview

Engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. More details

VERI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Earnings have grown 2.8% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Negative shareholders equity

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Volatile share price over the past 3 months compared to the US market


Veritone, Inc. Competitors

Upland Software

NasdaqGM:UPLD

US$91.1m

Xunlei

NasdaqGS:XNET

US$118.5m

eGain

NasdaqCM:EGAN

US$152.0m

YXT.COM Group Holding

NasdaqGM:YXT

US$123.2m

Price History & Performance

Summary of all time highs, changes and price drops for Veritone
Historical stock prices
Current Share PriceUS$2.73
52 Week HighUS$7.76
52 Week LowUS$1.48
Beta3.33
11 Month Change-21.33%
3 Month Change-11.07%
1 Year Change24.66%
33 Year Change-89.47%
5 Year Change-9.60%
Change since IPO-79.11%

Recent News & Updates

Recent updates

A Piece Of The Puzzle Missing From Veritone, Inc.'s (NASDAQ:VERI) 29% Share Price Climb

Jul 17
A Piece Of The Puzzle Missing From Veritone, Inc.'s (NASDAQ:VERI) 29% Share Price Climb

Veritone: Many Factors Going Wrong For This Grab Bag Of Businesses

Jul 10

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?

Shareholder Returns

VERIUS SoftwareUS Market
7D-10.8%2.9%2.2%
1Y24.7%25.8%31.6%

Return vs Industry: VERI matched the US Software industry which returned 25.5% over the past year.

Return vs Market: VERI underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is VERI's price volatile compared to industry and market?
VERI volatility
VERI Average Weekly Movement15.3%
Software Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: VERI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

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$104.59m
Earnings (TTM)-US$54.68m
Revenue (TTM)US$124.88m

0.8x

P/S Ratio

-1.9x

P/E Ratio

Is VERI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VERI income statement (TTM)
RevenueUS$124.88m
Cost of RevenueUS$26.49m
Gross ProfitUS$98.39m
Other ExpensesUS$153.08m
Earnings-US$54.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.43
Gross Margin78.79%
Net Profit Margin-43.79%
Debt/Equity Ratio-561.0%

How did VERI perform over the long term?

See historical performance and comparison