Veritone, Inc. (VERI)

NASDAQ: VERI · IEX Real-Time Price · USD
3.060
-0.060 (-1.92%)
At close: May 17, 2024, 4:00 PM
3.080
+0.020 (0.65%)
After-hours: May 17, 2024, 7:26 PM EDT
-1.92%
Market Cap 115.29M
Revenue (ttm) 128.93M
Net Income (ttm) -60.86M
Shares Out 37.74M
EPS (ttm) -1.63
PE Ratio n/a
Forward PE 44.64
Dividend n/a
Ex-Dividend Date n/a
Volume 613,054
Open 3.150
Previous Close 3.120
Day's Range 2.970 - 3.180
52-Week Range 1.480 - 7.760
Beta 3.05
Analysts Hold
Price Target 3.50 (+14.38%)
Earnings Date May 7, 2024

About VERI

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 optimi... [Read more]

Sector Technology
IPO Date May 12, 2017
Employees 664
Stock Exchange NASDAQ
Ticker Symbol VERI
Full Company Profile

Financial Performance

In 2023, Veritone's revenue was $127.56 million, a decrease of -14.81% compared to the previous year's $149.73 million. Losses were -$58.63 million, 129.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for VERI stock is "Hold." The 12-month stock price forecast is $3.5, which is an increase of 14.38% from the latest price.

Price Target
$3.5
(14.38% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Veritone Reports First Quarter 2024 Results

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the first quarter ended March 31, 2024. “Veritone executed at a hig...

11 days ago - Business Wire

Veritone and OPEXUS Team Up to Provide AI Solutions to National Canadian Bank

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, and OPEXUS, a leading provider of government process management software, today announced tha...

18 days ago - Business Wire

Veritone Clinches 2024 NAB Product of the Year Award for a Fifth Time with Generative AI Solution

DENVER--(BUSINESS WIRE)--For a fifth time, Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, won NAB Product of the Year for the company's recently launched Ask Veri. T...

4 weeks ago - Business Wire

Veritone to Hold First Quarter 2024 Results Conference Call on May 7th

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced the details of its first quarter 2024 financial results conference call. Veri...

5 weeks ago - Business Wire

Veritone Enhances Advertising and Content Intelligence Suite to Support Future-Proofing of Client Broadcast Revenues

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced feature enhancements to its Advertising and Content Intelligence Suite design...

5 weeks ago - Business Wire

Veritone and Grabyo Partner to Create AI-Powered Live Clipping, Asset Management and Monetization Solution

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, and Grabyo, a leading cloud video platform for live broadcasting, live clipping and distribut...

6 weeks ago - Business Wire

Veritone to Showcase Innovative AI Solutions, Including New Ask Veri Tool, at the 2024 NAB Show

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today unveils details of its participation at the 2024 NAB Show in Las Vegas from April 13 to...

6 weeks ago - Business Wire

MEDIA ADVISORY: Broadcast Media Has a Measurement Issue; Can AI Solve It?

--(BUSINESS WIRE)--Veritone, Inc: WHAT: Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, and The Center for Sales Strategy, a sales performance consulting company, are...

6 weeks ago - Business Wire

Veritone Launches Ask Veri to Empower Customers to Talk to Their Data for Actionable Insights and Workflow Activation

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today launched Ask Veri, a new conversational intelligence solution that empowers Veritone Di...

7 weeks ago - Business Wire

Veritone Partners with WSI Technologies to Automate Public Records Requests for Primary State-Wide Law Enforcement Agency

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced that a primary state law enforcement agency will use Veritone Redact to autom...

2 months ago - Business Wire

Veritone Reports Fourth Quarter and Fiscal Year 2023 Results

DENVER--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI) (“the Company”), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December ...

2 months ago - Business Wire

Veritone Launches AI-Powered iDEMS for Public Safety and Judicial Agencies

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today launched its new Intelligent Digital Evidence Management System (“iDEMS”) which leverag...

2 months ago - Business Wire

Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives

PARIS & DENVER--(BUSINESS WIRE)--Dalet, a leading technology and service provider for media-rich organizations, and Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, to...

2 months ago - Business Wire

Veritone Announces Restructuring Initiatives

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and solutions, today announced that it has implemented various restructuring initiatives with the purpose of ...

3 months ago - Business Wire

Veritone to Hold Fourth Quarter and Full Year 2023 Results Conference Call on March 12

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced the details of its fourth quarter and full year 2023 financial results confer...

3 months ago - Business Wire

Airspeeder, Veritone and base Revolutionise eVTOL Racing Series With Digital Media Hub Partnership

LONDON--(BUSINESS WIRE)--Airspeeder, the world's first racing series for crewed electric flying cars, has partnered with Veritone Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions...

5 months ago - Business Wire

Veritone Announces Licensing Deal with Orchard Clips to Increase Accessibility of International Content

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced a content licensing agreement with Orchard Clips, a division of UK-based OR M...

6 months ago - Business Wire

Veritone Achieves a Three-Peat in the Deloitte Technology Fast 500™ Awards

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, is a 2023 winner in the Deloitte Technology Fast 500, which recognizes the most innovative, f...

6 months ago - Business Wire

Veritone Reports Third Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI), a leader in designing human-centered AI solutions, today reported results for the second quarter ended September 30, 2023. “Veritone's third qua...

6 months ago - Business Wire

Veritone Appoints Michael Zilis to its Board of Directors

DENVER--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI) (“Veritone”), a leader in designing human-centered AI solutions, today announced the appointment of Michael Zilis to its Board of Directors (“Boa...

6 months ago - Business Wire

Veritone Appoints Former Police Chief Jorge Cisneros as Advisor

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced that it has appointed former Anaheim, Calif. Chief of Police Jorge Cisneros a...

7 months ago - Business Wire

Veritone to Hold Third Quarter 2023 Results Conference Call on November 8

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced the details of its third quarter 2023 financial results conference call. Veri...

7 months ago - Business Wire

U.S. Department of Justice Awards Veritone Sole-Contractor Blanket Purchase Agreement at $15 Million

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced it has been selected by the U.S. Department of Justice (DOJ) for a $15 million ...

7 months ago - Business Wire

Veritone Partners with CHESA to Streamline the U.S. Federal Legislative Branch Digital Media Management Solutions

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced that the Legislative Branch of the U.S. Government will use the company's cutti...

8 months ago - Business Wire

Veritone to Spotlight HR Solutions at HR Tech via Combined PandoLogic and Broadbean Presence

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI): WHO: Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services WHAT: Will showcase its AI recruiting solutions and industry...

8 months ago - Business Wire