Veritone, Inc. (VERI)

NASDAQ: VERI · IEX Real-Time Price · USD
5.26
-0.50 (-8.68%)
Mar 28, 2024, 4:00 PM EDT - Market closed
-8.68%
Market Cap 195.30M
Revenue (ttm) 137.25M
Net Income (ttm) -66.09M
Shares Out 37.13M
EPS (ttm) -1.79
PE Ratio n/a
Forward PE 44.64
Dividend n/a
Ex-Dividend Date n/a
Volume 4,079,724
Open 5.51
Previous Close 5.76
Day's Range 4.93 - 5.99
52-Week Range 1.48 - 6.99
Beta 2.82
Analysts Hold
Price Target 5.38 (+2.28%)
Earnings Date Mar 12, 2024

About VERI

Veritone, Inc., together with its subsidiaries, provides artificial intelligence (AI) computing solutions and services in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models and 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 pr... [Read more]

Sector Technology
IPO Date May 12, 2017
Employees 661
Stock Exchange NASDAQ
Ticker Symbol VERI
Full Company Profile

Financial Performance

In 2022, Veritone's revenue was $149.73 million, an increase of 29.85% compared to the previous year's $115.31 million. Losses were -$25.56 million, -60.48% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for VERI stock is "Hold." The 12-month stock price forecast is $5.38, which is an increase of 2.28% from the latest price.

Price Target
$5.38
(2.28% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

2 days 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...

9 days 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 ...

16 days 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...

16 days 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...

22 days 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 ...

5 weeks 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...

6 weeks 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...

3 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...

4 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...

5 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...

5 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...

5 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...

5 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...

5 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 ...

5 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...

6 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...

6 months ago - Business Wire

Veritone Renews AI and Monetization Partnership with U.S. Soccer

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced a comprehensive multi-year partnership extension with U.S. Soccer. As the gover...

7 months ago - Business Wire

Veritone to Unveil Insights and Spearhead Discussions at Voice & AI 2023

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced it will attend the 2023 Voice & AI Conference, the premier event that brings to...

7 months ago - Business Wire

Veritone Selected as Exclusive Ad Sales and AI Partner by SpokenLayer, Monetizing Expansive Microcast Network and Empowering Content Creation

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced that its subsidiary, Table Rock Management LLC, has entered into an exclusive a...

7 months ago - Business Wire

Veritone Reports Second Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI), a leader in enterprise AI software and services, today reported results for the second quarter ended June 30, 2023. “Veritone executed against i...

8 months ago - Business Wire

Veritone to Hold Second Quarter 2023 Results Conference Call on August 8th

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, today announced the details of its second quarter 2023 financial results conference call. Verit...

9 months ago - Business Wire

GridBeyond Acquires Veritone's Energy Business

HOUSTON--(BUSINESS WIRE)--GridBeyond has announced the acquisition of Veritone Inc Energy Business, a leader in AI software and services in North America.

9 months ago - Business Wire

Veritone Closes Acquisition of Broadbean

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”), a leader in enterprise AI software and services, today announced it has closed the acquisition of Broadbean, a glo...

10 months ago - Business Wire

Veritone to Host Webinar on Artificial Intelligence in Talent Acquisition and Recruiting

DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI): WHAT Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI software and services, will host a webinar, “AI in Talent Acquisition: Leveraging ...

10 months ago - Business Wire