Veritone (NASDAQ:VERI) Releases FY 2025 Earnings Guidance

Veritone (NASDAQ:VERI) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -1.750–1.560 for the period, compared to the consensus estimate of -0.530. The company issued revenue guidance of $93.7 million-$105.6 million, compared to the consensus revenue estimate of $109.0 million. Veritone also updated its FY 2026 guidance to EPS.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on VERI shares. HC Wainwright reaffirmed a “buy” rating and issued a $9.00 target price on shares of Veritone in a research report on Monday, March 30th. D. Boral Capital reaffirmed a “buy” rating and issued a $14.00 target price on shares of Veritone in a research report on Friday, March 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Veritone in a research report on Wednesday, January 21st. Finally, Wall Street Zen downgraded shares of Veritone from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8.75.

Veritone Stock Performance

Shares of NASDAQ VERI traded down $0.04 during mid-day trading on Thursday, reaching $1.93. 1,228,167 shares of the company were exchanged, compared to its average volume of 2,398,776. The company’s 50-day simple moving average is $2.82 and its 200-day simple moving average is $4.34. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 6.77. The stock has a market capitalization of $176.73 million, a P/E ratio of -2.87 and a beta of 2.36. Veritone has a twelve month low of $1.22 and a twelve month high of $9.42.

Institutional Trading of Veritone

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new stake in Veritone in the 4th quarter worth about $25,000. Franklin Resources Inc. acquired a new stake in Veritone in the 3rd quarter worth about $50,000. Sherbrooke Park Advisers LLC acquired a new stake in Veritone in the 3rd quarter worth about $80,000. Jefferies Financial Group Inc. acquired a new stake in Veritone in the 3rd quarter worth about $82,000. Finally, EntryPoint Capital LLC acquired a new stake in Veritone in the 4th quarter worth about $84,000. Institutional investors and hedge funds own 39.18% of the company’s stock.

Veritone Company Profile

Veritone, Inc (NASDAQ: VERI) is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.