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 7,290 funds
–
Analysts bullish %
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
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
11% more funds holding
Funds holding: 56 [Q3] → 62 (+6) [Q4]
0.92% less ownership
Funds ownership: 20.99% [Q3] → 20.08% (-0.92%) [Q4]
12% less capital invested
Capital invested by funds: $28.7M [Q3] → $25.2M (-$3.47M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.50
79%
upside
Avg. target
$5.25
108%
upside
High target
$6
138%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Scott Buck 46% 1-year accuracy 53 / 114 met price target | 138%upside $6 | Buy Initiated | 24 Feb 2025 |
D. Boral Capital Jesse Sobelson 56% 1-year accuracy 18 / 32 met price target | 79%upside $4.50 | Buy Initiated | 3 Feb 2025 |
Financial journalist opinion
Based on 3 articles about VERI published over the past 30 days
Neutral
Business Wire
5 days 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 week 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.
Neutral
Business Wire
4 weeks ago
Veritone Releases Analysis of Q4 2024 and Annual 2024 U.S. Bureau of Labor Statistics Jobs Data and AI Job Growth
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today released its analysis of Q4 2024 and annual 2024 aggregated U.S. Bureau of Labor Statistics (BLS) Jobs Reports, which provide insights into the latest employment trends and market dynamics shaping the U.S. labor market. Leveraging data from Aspen Technology Labs, Inc., a global leader in web data management services and recruitment technology, Veritone also analyzed Q4 and.
Positive
Schwab Network
1 month ago
Veritone (VERI) CEO on Using A.I. for Public Sector Security & AWS Partnership
Ryan Steelberg, CEO of Veritone (VERI), talks about its use of A.I. to enhance security in the public sector.
Neutral
Business Wire
1 month ago
Veritone Introduces Contact Analytics for California Law Enforcement to Enhance Real-Time Data Insights and Strengthen Public Trust
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced a significant enhancement to its Veritone Contact solution with Contact Analytics, an advanced tool that transforms how law enforcement agencies access and analyze stop data. Built on Veritone's aiWARETM enterprise AI platform, this solution empowers agencies with swift, comprehensive analytics and reporting capabilities. Veritone Contact simplifies the collection.
Neutral
Business Wire
1 month ago
Veritone Announces Pricing of $20.3 Million Registered Direct Offering
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”), a leader in building human-centered enterprise AI solutions, today announced that it has entered into a definitive agreement providing for the purchase and sale of an aggregate of 8,023,716 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.53 per share (or $2.52 for each pre-funded warrant) in a registered direct offering to Esousa Group Holdings, LLC, a New York based f.
Neutral
Business Wire
2 months ago
Veritone Renews and Expands Exclusive Global Licensing Agreement with CBS News and Stations
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the renewal of its longstanding exclusive global licensing agreement with CBS News. The multi-year contract renewal solidifies Veritone's position as a premier provider of content licensing solutions for broadcast networks and expands the partnership to include exclusive local news content from CBS Owned Stations. For over a decade, CBS News and Veritone's licensi.
Neutral
Business Wire
2 months ago
Veritone Announces AI Services Now Available on AWS Marketplace
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced that its Artificial Intelligence Solutions Group's (AISG) offerings are now available on the AWS Marketplace, a curated digital storefront helping companies of all sizes find, try, buy, deploy and manage solutions from AWS Partners. Veritone's availability in AWS Marketplace allows organizations to adopt AI by seamlessly accessing, purchasing and deploying Veritone's award-.
Neutral
Business Wire
3 months ago
Veritone Unveils Data Refinery to Power Next-Generation AI Technology
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building enterprise AI solutions, today announced the launch of Veritone Data Refinery (VDR) a groundbreaking offering designed to help enterprises transform vast amounts of unstructured data into high-quality, AI-ready assets. Leveraging Veritone's proprietary aiWARE™ platform, this new solution empowers organizations to transform and manage their video, audio and text data for training sophisticated AI models, and even optimi.
Neutral
Business Wire
3 months ago
Veritone to Participate in Needham's 6th Annual Virtual Infrastructure, Data Analytics Software, and Cloud Communications Conference
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, announced that Ryan Steelberg, President and Chief Executive Officer, and Mike Zemetra, Chief Financial Officer, will be presenting at Needham's 6th Annual Virtual Infrastructure, Data Analytics Software, and Cloud Communications Conference on Wednesday, November 20, 2024 at 1:30 PM ET / 10:30 AM PT. The presentation will be followed by a 15 minute moderated Q&A session. A li.
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