Veritone (NASDAQ:VERI) Releases FY 2025 Earnings Guidance

Veritone (NASDAQ:VERI) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of -1.750–1.560 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $9.00 price objective on shares of Veritone in a research report on Monday, March 30th. Wall Street Zen cut Veritone from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. D. Boral Capital reiterated a “buy” rating and set a $14.00 price objective on shares of Veritone in a research report on Friday, March 27th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Veritone in a report on Wednesday, January 21st. Three equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $8.75.

Veritone Price Performance

Veritone stock traded down $0.07 during trading hours on Thursday, hitting $1.89. 2,098,332 shares of the company traded hands, compared to its average volume of 2,412,953. The firm has a market cap of $173.52 million, a P/E ratio of -2.82 and a beta of 2.36. 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 firm’s 50-day simple moving average is $2.82 and its two-hundred day simple moving average is $4.34. Veritone has a 1-year low of $1.22 and a 1-year high of $9.42.

Institutional Investors Weigh In On Veritone

A number of institutional investors have recently added to or reduced their stakes in VERI. Geode Capital Management LLC boosted its stake in Veritone by 4.2% during the 2nd quarter. Geode Capital Management LLC now owns 480,842 shares of the company’s stock valued at $606,000 after purchasing an additional 19,597 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Veritone by 63.1% in the 3rd quarter. Vanguard Group Inc. now owns 2,754,165 shares of the company’s stock worth $13,275,000 after buying an additional 1,065,460 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Veritone in the 3rd quarter worth $82,000. Franklin Resources Inc. acquired a new stake in shares of Veritone in the third quarter valued at $50,000. Finally, Marshall Wace LLP lifted its holdings in shares of Veritone by 16,314.3% in 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. 39.18% of the stock is currently owned by institutional investors and hedge funds.

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.