Veritone, Inc. (VERI)
NASDAQ: VERI · IEX Real-Time Price · USD
2.710
-0.060 (-2.17%)
At close: Jul 19, 2024, 4:00 PM
2.800
+0.090 (3.32%)
Pre-market: Jul 22, 2024, 6:38 AM EDT
Veritone Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Veritone stock has a target of 2.25, which predicts a decrease of -16.97% from the current stock price of 2.71.
Analyst Consensus: Hold
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Veritone is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Hold Maintains $1.85 → $2.25 | Hold | Maintains | $1.85 → $2.25 | -16.97% | Mar 14, 2024 |
| Roth MKM | Roth MKM | Strong Sell → Hold Upgrades $2 → $1.85 | Strong Sell → Hold | Upgrades | $2 → $1.85 | -31.73% | Feb 1, 2024 |
| Roth MKM | Roth MKM | Hold → Strong Sell Downgrades $3.5 → $2 | Hold → Strong Sell | Downgrades | $3.5 → $2 | -26.20% | Aug 9, 2023 |
| B of A Securities | B of A Securities | Sell Maintains $5 → $4.25 | Sell | Maintains | $5 → $4.25 | +56.83% | Jun 29, 2023 |
| Stifel | Stifel | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | +47.60% | Jun 1, 2023 |
Financial Forecast
Revenue This Year
140.66M
from 127.56M
Increased by 10.27%
Revenue Next Year
144.13M
from 140.66M
Increased by 2.47%
EPS This Year
-0.36
from -1.59
EPS Next Year
n/a
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 144.8M | 148.4M |
| Avg | 140.7M | 144.1M |
| Low | 135.1M | 138.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.5% | 5.5% |
| Avg | 10.3% | 2.5% |
| Low | 5.9% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.37 | - |
| Avg | -0.36 | - |
| Low | -0.34 | - |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.