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 -18.48% from the current stock price of 2.76.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.25	$2.25	$2.25	$2.25
Change	-18.48%	-18.48%	-18.48%	-18.48%

* 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	Oct '23	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	1	1	1	1	2	1
Sell	1	1	1	1	1	0
Strong Sell	1	1	1	1	0	0
Total	4	4	4	4	4	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darren Aftahi Roth MKM	Roth MKM	Hold Maintains $1.85 → $2.25	Hold	Maintains	$1.85 → $2.25	-18.48%	Mar 14, 2024
Darren Aftahi Roth MKM	Roth MKM	Strong Sell → Hold Upgrades $2 → $1.85	Strong Sell → Hold	Upgrades	$2 → $1.85	-32.97%	Feb 1, 2024
Darren Aftahi Roth MKM	Roth MKM	Hold → Strong Sell Downgrades $3.5 → $2	Hold → Strong Sell	Downgrades	$3.5 → $2	-27.54%	Aug 9, 2023
Koji Ikeda B of A Securities	B of A Securities	Sell Maintains $5 → $4.25	Sell	Maintains	$5 → $4.25	+53.99%	Jun 29, 2023
Brad Reback Stifel	Stifel	Hold Maintains $5 → $4	Hold	Maintains	$5 → $4	+44.93%	Jun 1, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

109.05M

from 127.56M

-14.51%

from 127.56M

Revenue Next Year

107.28M

from 109.05M

-1.62%

from 109.05M

EPS This Year

-0.73

from -1.59

EPS Next Year

-0.54

from -0.73

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	49.65M	57.71M	115.31M	149.73M	127.56M	109.05M	107.28M	120.05M
Revenue Growth	83.56%	16.23%	99.81%	29.85%	-14.81%	-14.51%	-1.62%	11.90%
EPS	-2.85	-1.73	-1.94	-0.71	-1.59	-0.73	-0.54	-0.15
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	112.3M	110.4M	123.6M
Avg	109.1M	107.3M	120.1M
Low	104.8M	103.1M	115.4M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-12.0%	1.3%	15.2%
Avg	-14.5%	-1.6%	11.9%
Low	-17.9%	-5.5%	7.5%

EPS Forecast

EPS	2024	2025	2026
High	-0.76	-0.56	-0.16
Avg	-0.73	-0.54	-0.15
Low	-0.71	-0.52	-0.15

EPS Growth

EPS Growth	2024	2025	2026
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.