Veritone (NASDAQ:VERI) Cut to Strong Sell at Wall Street Zen

Posted by Brenda Bartman on Jul 12th, 2026

Veritone (NASDAQ:VERI – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Sunday.

Other analysts have also issued research reports about the company. Weiss Ratings raised Veritone from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 23rd. UBS Group began coverage on shares of Veritone in a research note on Monday, June 1st. They issued a “neutral” rating and a $2.50 price target for the company. D. Boral Capital reaffirmed a “buy” rating and set a $8.00 price objective on shares of Veritone in a research note on Wednesday, April 15th. Finally, HC Wainwright reissued a “buy” rating and issued a $9.00 target price on shares of Veritone in a research note on Monday, March 30th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Veritone has a consensus rating of “Hold” and a consensus target price of $7.38.

Read Our Latest Analysis on Veritone

Veritone Trading Down 1.7%

Shares of NASDAQ:VERI traded down $0.02 during trading on Friday, reaching $1.18. The company had a trading volume of 2,512,853 shares, compared to its average volume of 2,662,670. The company has a fifty day moving average of $1.72 and a two-hundred day moving average of $2.71. The stock has a market capitalization of $109.69 million, a P/E ratio of -2.57 and a beta of 2.28. Veritone has a 12 month low of $1.14 and a 12 month high of $9.42.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Veritone by 63.1% during the third quarter. Vanguard Group Inc. now owns 2,754,165 shares of the company’s stock valued at $13,275,000 after purchasing an additional 1,065,460 shares in the last quarter. Banta Asset Management LP bought a new position in Veritone in the fourth quarter worth $12,268,000. Cooper Creek Partners Management LLC purchased a new position in Veritone during the third quarter valued at $11,718,000. Marshall Wace LLP lifted its position in Veritone by 16,314.3% during the third quarter. Marshall Wace LLP now owns 1,676,397 shares of the company’s stock valued at $8,080,000 after buying an additional 1,666,184 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Veritone by 81.4% during the 4th quarter. Geode Capital Management LLC now owns 984,749 shares of the company’s stock valued at $4,581,000 after buying an additional 441,875 shares in the last quarter. Institutional investors own 39.18% of the company’s stock.

Key Stories Impacting Veritone

Here are the key news stories impacting Veritone this week:

Neutral Sentiment: Multiple law firms, including Rosen, Hagens Berman, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter, and others, issued reminders about the July 20 lead-plaintiff deadline in the pending Veritone securities fraud case, keeping legal risk in focus for shareholders.
Neutral Sentiment: The lawsuits center on claims that Veritone and certain executives misled investors about the company’s financial performance and that previously issued financial statements were materially misstated, which can weigh on sentiment until there is more clarity on the outcome.
Neutral Sentiment: One report noted a sharp increase in short interest during July, but the filing also showed zero shares of short interest, making the data unclear and likely not a meaningful trading catalyst on its own.

About Veritone

(Get Free Report)

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.