Veritone, Inc. (VERI)

Market Cap	128.33M
Revenue (ttm)	131.96M
Net Income (ttm)	-59.80M
Shares Out	38.08M
EPS (ttm)	-1.60
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,474,677
Open	3.050
Previous Close	3.010
Day's Range	3.030 - 3.600
52-Week Range	1.480 - 7.760
Beta	3.30
Analysts	Hold
Price Target	2.25 (-33.23%)
Earnings Date	Nov 6, 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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: May 12, 2017
• Employees: 696
• Stock Exchange: NASDAQ
• Ticker Symbol: VERI
• Website: https://www.veritone.com

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.

Analyst Forecast

According to one analyst, the rating for VERI stock is "Hold" and the 12-month stock price forecast is $2.25.

Price Target

$2.25

(-33.23% downside)

Analyst Consensus: Hold