Veritone Inc [NASDAQ: VERI] surged by $0.54 during the normal trading session on Monday and reaching a high of $3.19 during the day while it closed the day at $2.8.
Veritone Inc stock has also gained 82.41% of its value over the past 7 days. However, VERI stock has inclined by 29.63% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.70% and lost -8.20% year-on date.
The market cap for VERI stock reached $151.21 million, with 44.86 million shares outstanding and 43.33 million shares in the current float. Compared to the average trading volume of 1.09M shares, VERI reached a trading volume of 12887163 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Veritone Inc [VERI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VERI shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VERI stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Ladenburg Thalmann have made an estimate for Veritone Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 17, 2025. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on February 21, 2025, representing the official price target for Veritone Inc stock. Previously, the target price had yet another raise to $4.50, while D. Boral Capital analysts kept a Buy rating on VERI stock.
The Price to Book ratio for the last quarter was 8.51, with the Price to Cash per share for the same quarter was set at 0.37.
VERI stock trade performance evaluation
Veritone Inc [VERI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 82.41. With this latest performance, VERI shares gained by 98.58% in over the last four-week period, additionally plugging by 3.70% over the last 6 months – not to mention a drop of -14.63% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VERI stock in for the last two-week period is set at 82.00, with the RSI for the last a single of trading hit 0.27, and the three-weeks RSI is set at 0.20 for Veritone Inc [VERI]. The present Moving Average for the last 50 days of trading for this stock 1.62, while it was recorded at 2.14 for the last single week of trading, and 2.59 for the last 200 days.
Veritone Inc [VERI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Veritone Inc [VERI] shares currently have an operating margin of -77.60% and a Gross Margin at 43.27%. Veritone Inc’s Net Margin is presently recorded at -100.75%.
Veritone Inc (VERI) Capital Structure & Debt Analysis
According to recent financial data for Veritone Inc. ( VERI), the Return on Equity (ROE) stands at -600.12%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -31.78%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Veritone Inc’s Return on Invested Capital (ROIC) is -78.59%, showcasing its effectiveness in deploying capital for earnings.
Veritone Inc (VERI) Efficiency & Liquidity Metrics
Based on Veritone Inc’s (VERI) latest financial statements, the Debt-to-Equity Ratio is 8.40%, indicating its reliance on debt financing relative to shareholder equity.
Veritone Inc (VERI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Veritone Inc. (VERI) effectively leverages its workforce, generating an average of -$202484.6 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.99% and a Quick Ratio of 0.99%, indicating strong ability to cover short-term liabilities.
Veritone Inc [VERI]: Institutional Ownership
There are presently around $23.46%, or 28.54%% of VERI stock, in the hands of institutional investors. The top three institutional holders of VERI stocks are: PRIVATE MANAGEMENT GROUP INC with ownership of 2.44 million shares, which is approximately 6.4499%. VANGUARD GROUP INC, holding 1.55 million shares of the stock with an approximate value of $$3.5 million in VERI stocks shares; and VANGUARD GROUP INC, currently with $$1.68 million in VERI stock with ownership which is approximately 1.9695%.
