Veritone (VERI) Receiving Positive Media Coverage, Analysis Finds

Press coverage about Veritone (NASDAQ:VERI) has been trending positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Veritone earned a daily sentiment score of 0.27 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.1294337084933 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Veritone (NASDAQ:VERI) opened at 38.70 on Friday. Veritone has a 1-year low of $7.76 and a 1-year high of $74.92. The company’s market cap is $578.84 million. The firm’s 50 day moving average is $33.73 and its 200-day moving average is $18.85.

Veritone (NASDAQ:VERI) last issued its earnings results on Monday, August 7th. The company reported ($1.33) EPS for the quarter, missing analysts’ consensus estimates of ($1.20) by ($0.13). The company had revenue of $4.09 million for the quarter, compared to the consensus estimate of $2.99 million. Equities analysts expect that Veritone will post ($5.37) earnings per share for the current year.

Several research analysts have commented on VERI shares. Zacks Investment Research upgraded shares of Veritone from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Wednesday, August 9th. B. Riley restated a “veri (” rating and set a $18.00 price objective on shares of Veritone in a research report on Wednesday, August 9th. Northland Securities set a $19.00 price objective on shares of Veritone and gave the company a “buy” rating in a research report on Monday, August 28th. Roth Capital restated a “buy” rating and set a $62.00 price objective (up from $13.20) on shares of Veritone in a research report on Friday, September 29th. Finally, Wunderlich restated a “buy” rating and set a $18.00 price objective on shares of Veritone in a research report on Wednesday, June 21st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $26.20.

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Veritone Company Profile

Veritone, Inc is a developer of artificial intelligence (AI) platform. The Company’s platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence.

Insider Buying and Selling by Quarter for Veritone (NASDAQ:VERI)

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