Is Veritone Stock a Good Investment?
Veritone Investment Advice | VERI |
- Examine Veritone's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Veritone's leadership team and their track record. Good management can help Veritone navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Veritone's business and its evolving consumer preferences.
- Compare Veritone's performance and market position to its competitors. Analyze how Veritone is positioned in terms of product offerings, innovation, and market share.
- Check if Veritone pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Veritone's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Veritone stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Veritone is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Veritone Stock
Researching Veritone's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 1.59. Veritone had not issued any dividends in recent years. The entity had 0.6:1 split on the 20th of April 2017.
To determine if Veritone is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Veritone's research are outlined below:
| Veritone is way too risky over 90 days horizon | |
| Veritone appears to be risky and price may revert if volatility continues | |
| Veritone has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 92.64 M. Net Loss for the year was (37.38 M) with profit before overhead, payroll, taxes, and interest of 122.3 M. | |
| Veritone currently holds about 220.46 M in cash with (31.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by insiders | |
| Latest headline from businesswire.com: Carahsoft Canada Awarded Veritone Supply Arrangement for SaaS Under the Government of Canada Cloud Initiative |
Veritone uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Veritone. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Veritone's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Veritone's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Veritone's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-03-02 | 2022-12-31 | 0.07 | 0.05 | -0.02 | 28 | ||
2022-11-08 | 2022-09-30 | -0.18 | -0.16 | 0.02 | 11 | ||
2021-08-03 | 2021-06-30 | -0.14 | -0.12 | 0.02 | 14 | ||
2021-05-04 | 2021-03-31 | -0.14 | -0.12 | 0.02 | 14 | ||
2023-11-08 | 2023-09-30 | -0.18 | -0.21 | -0.03 | 16 | ||
2021-11-09 | 2021-09-30 | -0.11 | -0.07 | 0.04 | 36 | ||
2020-05-11 | 2020-03-31 | -0.29 | -0.25 | 0.04 | 13 | ||
2022-05-03 | 2022-03-31 | -0.1 | -0.15 | -0.05 | 50 |
Veritone Target Price Consensus
Veritone target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Veritone's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| One | Hold |
Most Veritone analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Veritone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Veritone, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationVeritone Target Price Projection
Veritone's current and average target prices are 2.75 and 3.50, respectively. The current price of Veritone is the price at which Veritone is currently trading. On the other hand, Veritone's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Veritone Target Price
Veritone Analyst Ratings
Veritone's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Veritone stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Veritone's financials, market performance, and future outlook by experienced professionals. Veritone's historical ratings below, therefore, can serve as a valuable tool for investors.Know Veritone's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Veritone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veritone backward and forwards among themselves. Veritone's institutional investor refers to the entity that pools money to purchase Veritone's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2024-12-31 | 126.3 K | Global Retirement Partners, Llc. | 2024-12-31 | 117.2 K | Eqis Capital Management Inc | 2024-12-31 | 111.9 K | Silverback Aset Management Llc | 2024-12-31 | 100 K | Bridgeway Capital Management, Llc | 2024-12-31 | 81.1 K | Vanguard Capital Wealth Advisors | 2024-12-31 | 75.2 K | Ajovista Llc | 2024-09-30 | 70.5 K | T. Rowe Price Associates, Inc. | 2024-12-31 | 60.5 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 58.7 K | Private Management Group Inc | 2024-12-31 | 2.4 M | Vanguard Group Inc | 2024-12-31 | 1.5 M |
Veritone's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 108.33 M.Market Cap |
|
Veritone's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.25) | (0.26) | |
| Return On Capital Employed | (0.57) | (0.54) | |
| Return On Assets | (0.14) | (0.15) | |
| Return On Equity | (1.77) | (1.68) |
Determining Veritone's profitability involves analyzing its financial statements and using various financial metrics to determine if Veritone is a good buy. For example, gross profit margin measures Veritone's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Veritone's profitability and make more informed investment decisions.
Evaluate Veritone's management efficiency
Veritone has return on total asset (ROA) of (0.1235) % which means that it has lost $0.1235 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.5849) %, meaning that it created substantial loss on money invested by shareholders. Veritone's management efficiency ratios could be used to measure how well Veritone manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.26. The Veritone's current Return On Capital Employed is estimated to increase to -0.54. As of now, Veritone's Non Currrent Assets Other are increasing as compared to previous years. The Veritone's current Intangibles To Total Assets is estimated to increase to 0.41, while Net Tangible Assets are forecasted to increase to (39.6 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.93 | 1.28 | |
| Tangible Book Value Per Share | (3.91) | (3.72) | |
| Enterprise Value Over EBITDA | (3.72) | (3.90) | |
| Price Book Value Ratio | 1.58 | 1.97 | |
| Price Fair Value | 1.58 | 1.97 | |
| Enterprise Value Multiple | (3.72) | (3.90) | |
| Enterprise Value | 117.4 M | 169.1 M |
The strategic initiatives led by Veritone's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 3.331 |
Basic technical analysis of Veritone Stock
As of the 20th of March, Veritone has the Coefficient Of Variation of 2983.92, semi deviation of 6.06, and Risk Adjusted Performance of 0.0383. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veritone, as well as the relationship between them.Veritone's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veritone insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veritone's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veritone insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Veritone's Outstanding Corporate Bonds
Veritone issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Veritone uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Veritone bonds can be classified according to their maturity, which is the date when Veritone has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US92346MCG42 Corp BondUS92346MCG42 | View | |
| VeriSign 475 percent Corp BondUS92343EAL65 | View | |
| VRSN 27 15 JUN 31 Corp BondUS92343EAM49 | View | |
| VERIZON MUNICATIONS INC Corp BondUS92343VBG86 | View | |
| VeriSign 525 percent Corp BondUS92343EAH53 | View | |
| VERIZON MUNICATIONS INC Corp BondUS92343VBE39 | View | |
| US92346MBT71 Corp BondUS92346MBT71 | View | |
| US92346MBP59 Corp BondUS92346MBP59 | View |
Understand Veritone's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Veritone's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0383 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 5.55 | |||
| Semi Deviation | 6.06 | |||
| Downside Deviation | 6.17 | |||
| Coefficient Of Variation | 2983.92 | |||
| Standard Deviation | 7.46 | |||
| Variance | 55.71 | |||
| Information Ratio | 0.0452 | |||
| Jensen Alpha | 0.4338 | |||
| Total Risk Alpha | 1.06 | |||
| Sortino Ratio | 0.0546 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 49.13 | |||
| Value At Risk | (9.34) | |||
| Potential Upside | 11.05 | |||
| Downside Variance | 38.04 | |||
| Semi Variance | 36.7 | |||
| Expected Short fall | (6.36) | |||
| Skewness | 1.21 | |||
| Kurtosis | 4.38 |
| Risk Adjusted Performance | 0.0383 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 5.55 | |||
| Semi Deviation | 6.06 | |||
| Downside Deviation | 6.17 | |||
| Coefficient Of Variation | 2983.92 | |||
| Standard Deviation | 7.46 | |||
| Variance | 55.71 | |||
| Information Ratio | 0.0452 | |||
| Jensen Alpha | 0.4338 | |||
| Total Risk Alpha | 1.06 | |||
| Sortino Ratio | 0.0546 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 49.13 | |||
| Value At Risk | (9.34) | |||
| Potential Upside | 11.05 | |||
| Downside Variance | 38.04 | |||
| Semi Variance | 36.7 | |||
| Expected Short fall | (6.36) | |||
| Skewness | 1.21 | |||
| Kurtosis | 4.38 |
Consider Veritone's intraday indicators
Veritone intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Veritone stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Veritone Corporate Filings
| 17th of March 2025 Other Reports | ViewVerify | |
8K | 14th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 3rd of February 2025 Other Reports | ViewVerify | |
F4 | 15th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Veritone Stock media impact
Far too much social signal, news, headlines, and media speculation about Veritone that are available to investors today. That information is available publicly through Veritone media outlets and privately through word of mouth or via Veritone internal channels. However, regardless of the origin, that massive amount of Veritone data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Veritone news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Veritone relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Veritone's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Veritone alpha.
Veritone Sentiment by Major 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 Maximum Pain Price Across May 16th 2025 Option Contracts
Veritone's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Veritone close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Veritone's options.
Veritone Corporate Management
| Fleming Meng | Chief Officer | Profile | |
| Jonathan Gacek | Legal Gov | Profile | |
| Michael Zemetra | Chief Officer | Profile | |
| Matthew OConnor | Chief Solutions | Profile | |
| Michael CPA | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritone. If investors know Veritone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.52 | Earnings Share (1.59) | Revenue Per Share | Quarterly Revenue Growth 0.108 | Return On Assets |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritone's market value can be influenced by many factors that don't directly affect Veritone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Veritone's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.