Veritone, Inc. (VERI)
NASDAQ: VERI · IEX Real-Time Price · USD
3.510
+0.095 (2.78%)
At close: Apr 26, 2024, 4:00 PM
3.520
+0.010 (0.28%)
After-hours: Apr 26, 2024, 7:41 PM EDT
Veritone Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Veritone stock have an average target of 5.38, with a low estimate of 2.25 and a high estimate of 11. The average target predicts an increase of 53.28% from the current stock price of 3.51.
Analyst Consensus: Hold
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for Veritone stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
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 | -35.90% | Mar 14, 2024 |
| Roth MKM | Roth MKM | Strong Sell → Hold Upgrades $2 → $1.85 | Strong Sell → Hold | Upgrades | $2 → $1.85 | -47.29% | Feb 1, 2024 |
| Roth MKM | Roth MKM | Hold → Strong Sell Downgrades $3.5 → $2 | Hold → Strong Sell | Downgrades | $3.5 → $2 | -43.02% | Aug 9, 2023 |
| B of A Securities | B of A Securities | Sell Maintains $5 → $4.25 | Sell | Maintains | $5 → $4.25 | +21.08% | Jun 29, 2023 |
| Stifel | Stifel | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | +13.96% | Jun 1, 2023 |
Financial Forecast
Revenue This Year
138.52M
from 127.56M
Increased by 8.59%
Revenue Next Year
144.59M
from 138.52M
Increased by 4.38%
EPS This Year
-0.36
from -1.59
EPS Next Year
-0.11
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 144.4M | 155.2M |
| Avg | 138.5M | 144.6M |
| Low | 131.4M | 133.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.2% | 12.0% |
| Avg | 8.6% | 4.4% |
| Low | 3.0% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.35 | -0.07 |
| Avg | -0.36 | -0.11 |
| Low | -0.37 | -0.15 |
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.