VERI Stock Earnings Veritone Meets EPS, Beats Revenue for Q1 2024
VERI Stock | USD 2.65 0.01 0.38% |
Under 63% of all Veritone's traders are looking to take a long position. The analysis of the overall prospects from investing in Veritone suggests that some traders are, at the present time, interested. Veritone's investing sentiment shows overall attitude of investors towards Veritone.
Veritone |
VERI stock results show that Veritone met analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
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Veritone Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Veritone can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Veritone Fundamental Analysis
We analyze Veritone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Veritone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Veritone based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Veritone is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Veritone Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Veritone stock to make a market-neutral strategy. Peer analysis of Veritone could also be used in its relative valuation, which is a method of valuing Veritone by comparing valuation metrics with similar companies.
Peers
Veritone Related Equities
ARQQ | Arqit Quantum | 8.21 | ||||
HUBC | Hub Cyber | 5.77 | ||||
BLIN | Bridgeline Digital | 3.45 | ||||
DOCN | DigitalOcean Holdings | 3.10 | ||||
APPN | Appian Corp | 2.67 | ||||
ATEN | A10 Network | 2.64 | ||||
CLBT | Cellebrite | 0.89 | ||||
FIVN | Five9 | 0.70 | ||||
ALAR | Alarum Technologies | 0.63 | ||||
ALTR | Altair Engineering | 0.21 | ||||
ZUO | Zuora | 0.10 | ||||
PGY | Pagaya Technologies | 1.10 | ||||
S | SentinelOne | 1.86 | ||||
AFRM | Affirm Holdings | 2.31 | ||||
STEM | Stem | 2.56 | ||||
GCT | GigaCloud Technology | 4.29 | ||||
RVYL | Ryvyl | 9.25 | ||||
GB | Global Blue | 10.57 | ||||
JG | Aurora Mobile | 14.67 |
Complementary Tools for Veritone Stock analysis
When running Veritone's price analysis, check to measure Veritone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veritone is operating at the current time. Most of Veritone's value examination focuses on studying past and present price action to predict the probability of Veritone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritone's price. Additionally, you may evaluate how the addition of Veritone to your portfolios can decrease your overall portfolio volatility.
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