VeritoneVERI
VERI
About: Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. It generates revenue through the delivery of its Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. It has a presence in the United States, the United Kingdom, France, Australia, Israel and India.
Employees: 696
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
369% more call options, than puts
Call options by funds: $3.64M | Put options by funds: $776K
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
11% more funds holding
Funds holding: 56 [Q3] → 62 (+6) [Q4]
1.77% less ownership
Funds ownership: 20.99% [Q3] → 19.23% (-1.77%) [Q4]
16% less capital invested
Capital invested by funds: $28.7M [Q3] → $24.2M (-$4.54M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.50
90%
upside
Avg. target
$5.50
132%
upside
High target
$6
153%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Ladenburg Thalmann | 153%upside $6 | Buy Initiated | 17 Mar 2025 |
D. Boral Capital Jesse Sobelson 0% 1-year accuracy 0 / 3 met price target | 90%upside $4.50 | Buy Maintained | 17 Mar 2025 |
HC Wainwright & Co. Scott Buck 27% 1-year accuracy 31 / 115 met price target | 153%upside $6 | Buy Reiterated | 17 Mar 2025 |
Financial journalist opinion
Based on 6 articles about VERI published over the past 30 days
Neutral
Business Wire
6 days ago
Veritone to Showcase AI Solutions that Help Content Owners Transform Unstructured Media Into Revenue Generating Assets at NAB 2025
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced details of its participation at the NAB 2025 show taking place April 5 to 9 in Las Vegas. Through demonstrations and industry conversations in booth W1455 in the Las Vegas Convention Center's West Hall, Veritone will showcase AI solutions and services that transform unstructured audio and video into searchable, monetizable and intelligent assets, empowering media.
Neutral
Business Wire
2 weeks ago
Carahsoft Canada Awarded Veritone Supply Arrangement for SaaS Under the Government of Canada Cloud Initiative
DENVER & RESTON, Va.--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, and Carahsoft Canada Inc., today announced that Veritone's AI solutions and software have been added to Carahsoft Canada's Supply Arrangement for Software as a Service (SaaS) Government of Canada (GC) Method of Supply (MoS). This addition enables Carahsoft to deliver Veritone's SaaS solutions, such as Veritone's AI-powered intelligent digital evidence management sys.
Neutral
Seeking Alpha
2 weeks ago
Veritone: A Strained Balance Sheet And Substantial Net Debt Make Me Maintain Sell
Shares of Veritone have continued to slide in FY25 after the divestiture of its profitable ad agency segment, Veritone One. The company is guiding to 16-32% y/y growth in software revenue this year, driven by lucrative public sector deals. However, federal expenditure scrutiny is likely to make these deals unreliable, while the company's current software bookings are also down y/y.
Neutral
Seeking Alpha
2 weeks ago
Veritone, Inc. (VERI) Q4 2024 Earnings Call Transcript
Veritone, Inc. (NASDAQ:VERI ) Q4 2024 Earnings Conference Call March 13, 2025 5:00 PM ET Company Participants Cate Goldsmith - Investor Relations Ryan Steelberg - Chairman and Chief Executive Officer Mike Zemetra - Chief Financial Officer Conference Call Participants Scott Buck - H.C. Wainwright & Co. Jesse Sobelson - D.
Neutral
Business Wire
2 weeks ago
Veritone Announces Appointment of Francisco Morales to Board of Directors
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Francisco J. Morales to its Board of Directors, to be effective March 20, 2025. Francisco J. Morales is the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO. Founded in 2003, 5.11 Tactical is widely recognized as a global market leader in tactical apparel, footwear, and gear for law enforcement, military, and first responder.
Neutral
Business Wire
2 weeks ago
Veritone Reports Fourth Quarter and Fiscal Year 2024 Results
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024. “Veritone delivered solid topline performance in the fourth quarter of 2024 and is entering 2025 with strong momentum underpinned by our disruptive Veritone Data Refinery offering and opportunity to drive Public Sector growth,” said Ryan Steelberg, Chairman, President and Chief Executive Officer of Verito.
Neutral
Business Wire
1 month ago
Vital Voices Selects Veritone's AI-based Digital Media Hub for Digital Asset Management to Amplify the Voices of Women Changemakers
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that Vital Voices Global Partnership, a global nonprofit dedicated to empowering women leaders worldwide, has chosen Veritone's Digital Media Hub (“DMH”) to enhance media management and storytelling. The collaboration underscores the transformative potential of AI technology for social good and is facilitated through the Amazon Web Services (AWS) Marketplace, a cu.
Neutral
Business Wire
1 month ago
Veritone to Hold Fourth Quarter and Full Year 2024 Results Conference Call on March 13th
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the details of its fourth quarter and full year 2024 financial results conference call. Veritone will hold a conference call on March 13, 2025, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time), to discuss its results for the fourth quarter and full year 2024, provide an update on the business and conduct a question-and-answer session. To participate, please join.
Neutral
Business Wire
1 month ago
Veritone Achieves “Awardable” Status on DoD's Tradewinds Solutions Marketplace with Three AI Solutions
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that it has achieved “Awardable” status through the Chief Digital and Artificial Intelligence Office's (CDAO) Tradewinds Solutions Marketplace. Veritone's Illuminate, Redact and Track applications have been added to the Tradewinds Marketplace. The Tradewinds Solutions Marketplace is the premiere offering of Tradewinds, the Department of Defense's suite of tools an.
Neutral
Business Wire
1 month ago
Join Veritone, IDC and AWS to Uncover Actionable Strategies for Driving AI Success in Upcoming Webinar
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced a new webinar, "Why Success with AI Requires an Evolution," which explores how an iterative, business-focused approach to AI can deliver competitive advantages and real business returns. Today, organizations are either experimenting with AI or watching as competitors leverage this transformative tool to enhance productivity, accelerate go-to-market strategies and.
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