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VERI

VERI - Veritone Inc Stock Price, Fair Value and News

3.04USD-0.08 (-2.56%)Delayed as of 17 May 2024, 01:06 pm ET

Market Summary

VERI
USD3.04-0.08
Delayedas of 17 May 2024, 01:06 pm
-2.56%

VERI Stock Price

View Fullscreen

VERI RSI Chart

VERI Valuation

Market Cap

117.7M

Price/Earnings (Trailing)

-1.93

Price/Sales (Trailing)

0.91

EV/EBITDA

-2.39

Price/Free Cashflow

-3.65

VERI Price/Sales (Trailing)

VERI Profitability

Operating Margin

77.90%

EBT Margin

-50.17%

Return on Equity

-409.42%

Return on Assets

-16.92%

Free Cashflow Yield

-27.41%

VERI Fundamentals

VERI Revenue

Revenue (TTM)

128.9M

Rev. Growth (Yr)

4.54%

Rev. Growth (Qtr)

-7.49%

VERI Earnings

Earnings (TTM)

-60.9M

Earnings Growth (Yr)

-9.73%

Earnings Growth (Qtr)

-306.97%

Breaking Down VERI Revenue

52 Week Range

3.18
(Low)(High)

Last 7 days

-13.3%

Last 30 days

-28.5%

Last 90 days

24.7%

Trailing 12 Months

-20.4%

How does VERI drawdown profile look like?

VERI Financial Health

Current Ratio

0.87

Debt/Equity

6.04

Debt/Cashflow

-0.3

VERI Investor Care

Shares Dilution (1Y)

2.48%

Diluted EPS (TTM)

-1.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024128.9M000
2023145.6M139.3M137.3M127.6M
2022114.6M129.6M144.2M149.7M
202164.1M70.0M77.0M98.5M
202049.4M50.4M53.3M57.7M
201934.8M42.9M48.1M49.6M
201815.7M15.8M19.6M27.0M
20179.9M12.0M13.4M14.4M
201612.7M11.4M10.2M8.9M
201500013.9M
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Tracking the Latest Insider Buys and Sells of Veritone Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 30, 2024
steelberg ryan
sold (taxes)
-66,070
3.27
-20,205
president and ceo
Apr 17, 2024
steelberg ryan
sold (taxes)
-79,705
3.78
-21,086
president and ceo
Apr 08, 2024
steelberg ryan
acquired
-
-
369,475
president and ceo
Apr 08, 2024
zemetra michael leonard
acquired
-
-
72,000
evp, cfo & treasurer
Jan 19, 2024
zemetra michael leonard
sold (taxes)
-16,416
1.69
-9,714
evp, cfo & treasurer
Jan 01, 2024
zemetra michael leonard
sold (taxes)
-7,022
1.81
-3,880
evp, cfo & treasurer
Nov 17, 2023
steelberg ryan
bought
101,992
2.05
49,752
president and ceo
Nov 15, 2023
steelberg chad
acquired
-
-
39,486
-
Nov 08, 2023
zilis michael
acquired
-
-
42,475
-
Jun 21, 2023
zemetra michael leonard
acquired
-
-
28,396
evp, cfo & treasurer

1–10 of 50

Which funds bought or sold VERI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
BLUEFIN CAPITAL MANAGEMENT, LLC
reduced
-99.25
101,652
546,583
0.09%
May 15, 2024
D. E. Shaw & Co., Inc.
sold off
-100
-611,677
-
-%
May 15, 2024
CITADEL ADVISORS LLC
new
-
4,082
4,082
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
reduced
-5.15
149,873
235,196
-%
May 15, 2024
Royal Bank of Canada
reduced
-85.17
-8,000
7,000
-%
May 15, 2024
Sculptor Capital LP
new
-
848,964
848,964
0.02%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
reduced
-48.00
115,650
341,900
0.01%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-5.96
361,947
570,831
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
sold off
-100
-50,588
-
-%
May 15, 2024
TENOR CAPITAL MANAGEMENT Co., L.P.
new
-
58,907
58,907
-%

1–10 of 39

Are Funds Buying or Selling VERI?

Are funds buying VERI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VERI
No. of Funds

Unveiling Veritone Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 08, 2024
blackrock inc.
4.8%
1,810,411
SC 13G/A
Feb 13, 2024
vanguard group inc
6.92%
2,565,223
SC 13G/A
Feb 02, 2024
private management group inc
5.74%
2,126,600
SC 13G
Jan 31, 2024
blackrock inc.
5.4%
1,999,367
SC 13G/A
Jan 11, 2024
banta asset management lp
8.63%
3,198,610
SC 13G/A
Feb 09, 2023
vanguard group inc
6.40%
2,324,350
SC 13G
Feb 06, 2023
wellington management group llp
0.00%
0
SC 13G/A
Feb 01, 2023
blackrock inc.
5.5%
1,996,231
SC 13G/A
Jan 13, 2023
banta asset management lp
8.16%
2,964,267
SC 13G/A
Feb 04, 2022
wellington management group llp
5.50%
1,919,180
SC 13G

Recent SEC filings of Veritone Inc

View All Filings
Date Filed Form Type Document
May 10, 2024
10-Q
Quarterly Report
May 08, 2024
SC 13G/A
Major Ownership Report
May 07, 2024
8-K
Current Report
May 02, 2024
4
Insider Trading
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 18, 2024
8-K
Current Report

Peers (Alternatives to Veritone Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.1T
236.6B
1.53% 34.05%
36.3
13.22
13.97% 24.86%
216.3B
19.9B
1.39% 35.39%
45.06
10.85
10.76% 1.35%
80.9B
3.1B
13.35% 147.10%
905.91
26.48
36.33% 148.75%
44.2B
22.9B
-1.89% 24.24%
88.79
1.93
23.28% 240.37%
14.8B
3.9B
-4.39% 11.65%
23.57
3.8
7.01% 28.42%
10.2B
2.8B
-5.01% 24.93%
20.44
3.66
0.20% 52.82%
MID-CAP
7.5B
619.6M
12.25% 33.00%
785.18
12.14
7.11% 116.83%
6.4B
583.1M
39.18% 3.07%
-33.48
10.95
22.54% 30.49%
3.9B
1.5B
17.71% 51.48%
26.67
2.63
6.51% 54.77%
2.4B
560.0M
-8.60% -11.83%
-22.75
4.37
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
-9.65% -11.85%
19.98
1.1
3.70% 18.24%
1.2B
254.7M
23.85% 14.67%
26.22
4.71
-7.51% 2.74%
588.7M
634.3M
29.50% 103.77%
-20.17
0.93
9.43% -197.31%
20.6M
23.3M
-15.41% -57.94%
-1.8
0.89
336.57% -92.79%
11.9M
15.3M
-7.32% 21.28%
-1.18
0.78
-7.99% -1417.41%

Veritone Inc News

Latest updates
Yahoo Singapore News • 45 hours ago
Yahoo Singapore News • 11 May 2024 • 03:25 pm
MarketBeat • 11 May 2024 • 02:40 pm
Zacks Investment Research • 08 May 2024 • 01:39 am
InvestorsObserver • 26 Mar 2024 • 07:00 am
Seeking Alpha • 25 Mar 2024 • 07:00 am
Markets Insider • 2 months ago

Veritone Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-7.5%31,636,00034,197,00035,133,00027,967,00030,263,00043,890,00037,196,00034,235,00034,407,00038,315,00022,655,00019,206,00018,295,00016,818,00015,718,00013,268,00011,904,00012,448,00012,805,00012,270,00012,125,000
Cost Of Revenue8.5%7,046,0006,495,0007,187,0007,765,0006,809,0006,707,0007,097,0006,705,0006,923,0006,267,0005,808,0005,231,0004,823,0004,097,0004,553,0003,763,0003,250,0003,083,5004,196,0004,562,0003,872,000
Gross Profit---------------11,165,0008,943,0008,093,0007,336,5008,609,0007,708,0008,253,000
Costs and Expenses3.4%53,476,00051,702,00058,195,00056,147,00053,852,00053,840,50040,807,00037,864,00055,212,00062,258,50033,735,00031,853,00048,831,00029,150,00026,691,00024,824,00024,716,000----
Operating Expenses---------------22,138,00020,499,00020,905,00021,968,00024,805,00024,444,00024,761,000
  S&GA Expenses-11.4%11,804,00013,318,00012,892,00013,124,00012,690,00013,780,00013,920,00012,576,00011,069,00011,349,0005,906,0005,253,0006,427,0004,761,0005,255,0004,932,0004,929,0005,216,5006,081,0006,448,0006,133,000
  R&D Expenses-4.3%9,215,0009,634,00010,410,00010,519,00011,527,00010,854,00011,784,00011,068,0009,883,00010,215,0005,254,0004,646,0004,960,0003,706,0003,587,0003,440,0003,646,0004,270,0005,473,0006,351,0006,938,000
EBITDA Margin-9.2%-0.38-0.35-0.35-0.22-0.08-0.07-0.22-0.28-0.38-0.55-0.81-0.89---------
Interest Expenses-466.8%-3,990,000-704,000-218,000-720,000-805,000-1,192,000-1,305,000-1,183,000-1,182,000-540,500-3,0002,0002,0001,0002,0005,00077,00087,000133,000160,000169,000
Income Taxes-145.3%-1,045,000-426,000-977,000-1,374,000-271,0003,751,50026,000-1,607,000138,0002,226,500396,00055,00022,00035,00036,0002,0003,000347,500-1,815,0006,0009,000
Earnings Before Taxes-323.4%-26,243,00011,749,000-25,518,000-24,670,000-23,234,0008,462,500-4,860,000-4,860,000-21,991,000-7,672,500-11,095,000-12,660,000-30,545,000-12,351,000-10,977,000-11,791,000-12,681,000-14,536,500-16,012,000-16,685,000-16,297,000
EBT Margin-3.8%-0.50-0.48-0.47-0.32-0.17-0.16-0.27-0.35-0.47-0.63-0.87-0.95---------
Net Income-307.0%-25,198,00012,175,000-24,541,000-23,296,000-22,963,0004,711,000-4,886,000-3,253,000-22,129,00018,317,000-11,491,000-12,715,000-30,567,000-12,386,000-11,013,000-11,793,000-12,684,000-14,884,000-14,197,000-16,691,000-16,306,000
Net Income Margin-2.7%-0.47-0.46-0.48-0.33-0.18-0.17-0.08-0.14-0.24-0.37-0.87-0.95---------
Free Cashflow147.8%14,030,000-29,376,0009,065,000-25,998,000-35,232,00027,379,000-21,864,000-15,942,0009,399,00010,194,000-2,713,000-7,372,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-4.3%360376359356363425470452482518291187191178120107106109118110118
  Current Assets-5.7%17218316115222027832330333737916617017315797.0083.0080.0081.0089.0081.0087.00
    Cash Equivalents14.2%91.0079.0072.0063.0014018419622023825573.0012123811554.0050.0049.0044.0049.0040.0040.00
  Net PPE5.9%9.009.0012.0011.006.005.005.003.002.002.001.000.000.002.002.003.003.003.003.004.004.00
  Goodwill-0.5%80.0080.0078.0078.0046.0046.0046.0046.0045.0042.0028.007.007.007.007.007.007.007.007.00--
Liabilities2.1%34533834131730234539938241443218410710589.0085.0067.0064.0061.0068.0055.0060.00
  Current Liabilities4.7%19818918616115219318617016619117310510388.0084.0066.0063.0060.0066.0054.0059.00
  Long Term Debt0.2%90.0090.00138138138138196196195195-----------
    LT Debt, Non Current-100.0%-90.00138138138138196196195195-----------
Shareholder's Equity-61.0%15.0038.0019.0039.0061.0080.0071.0070.0068.0087.0010880.0086.0088.0034.0040.0042.0047.0051.0054.0057.00
  Retained Earnings-5.9%-455-429-442-417-394-371-375-371-367-345-335-323-310-280-267-256-245-232-217-203-186
  Additional Paid-In Capital0.4%470468461458456451446441436432443404397368302297287280268258244
Accumulated Depreciation4.8%8.008.0017.005.004.003.003.003.003.003.003.001.001.003.003.002.002.002.002.001.001.00
Shares Outstanding-0.1%37.0037.0037.0037.0037.0036.0036.0036.0036.0035.0035.0033.00---------
Float----126---204---338---338---142-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations156.3%15,931-28,31010,422-24,748-33,78528,367-20,345-14,41910,13410,762-2,537-7,2006,2091514,059-4,2801,503-12,004-1,822-11,974-4,632
  Share Based Compensation-30.2%1,6082,3042,0322,6973,9174,3815,1724,7154,8476,5745,2726,60921,6105,8415,1114,1314,4564,6084,7645,7785,507
Cashflow From Investing-66.9%-1,901-1,1391,333-52,131-2,947-988-4,246-2,816-4,054-5,793-47,778-172-100-114-31.0035.00-9.00-11.004,9244,6732,375
Cashflow From Financing-107.3%-2,67436,816-2,355-151-7,981-39,025200145-23,248177,1082,3335406,53360,4652065,1613,6066,5915,8327,7084,484
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VERI Income Statement

2024-03-31
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 31,636$ 30,263
Operating expenses:  
Cost of revenue7,0466,809
Sales and marketing11,80412,690
Research and development9,21511,527
General and administrative19,42017,397
Amortization5,9915,429
Total operating expenses53,47653,852
Loss from operations(21,840)(23,589)
Other income (expense), net(4,403)355
Loss before provision for income taxes(26,243)(23,234)
(Benefit from) provision for income taxes(1,045)(271)
Net loss$ (25,198)$ (22,963)
Net loss per share:  
Net loss per share, basic$ (0.67)$ (0.63)
Net loss per share, diluted$ (0.67)$ (0.63)
Weighted average shares outstanding:  
Weighted average shares outstanding, basic37,353,22836,587,946
Weighted average shares outstanding, diluted37,353,22836,587,946
Comprehensive loss:  
Net loss$ (25,198)$ (22,963)
Foreign currency translation gain (loss), net of income taxes219(766)
Total comprehensive loss$ (24,979)$ (23,729)

VERI Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and cash equivalents$ 90,733$ 79,439
Accounts receivable, net45,74969,266
Expenditures billable to clients20,04319,608
Prepaid expenses and other current assets15,84414,457
Total current assets172,369182,770
Property, equipment and improvements, net9,1658,656
Intangible assets, net77,44383,423
Goodwill79,82880,247
Long-term restricted cash929867
Other assets19,90719,851
Total assets359,641375,814
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable36,58832,756
Accrued media payments84,84893,896
Client advances28,29515,452
Deferred revenue13,41512,813
Senior Secured Term Loan, current portion7,7505,813
Contingent consideration, current5001,000
Other accrued liabilities26,27527,095
Total current liabilities197,671188,825
Convertible senior notes, non-current89,71789,572
Senior Secured Term Loan, non-current44,40745,012
Contingent consideration, non-current450633
Other non-current liabilities12,53113,625
Total liabilities344,776337,667
Commitments and contingencies (Note 9)
Stockholders' equity  
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 37,629,461 and 37,186,348 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively3838
Additional paid-in capital469,712468,015
Accumulated deficit(455,094)(429,896)
Accumulated other comprehensive income (loss)209(10)
Total stockholders' equity14,86538,147
Total liabilities and stockholders' equity$ 359,641$ 375,814
VERI
Veritone, Inc., together with its subsidiaries, provides artificial intelligence (AI) computing solutions and services in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that uses machine learning algorithms or AI models and human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
 CEO
 WEBSITEveritone.com
 INDUSTRYSoftware - Infra
 EMPLOYEES661

Veritone Inc Frequently Asked Questions


What is the ticker symbol for Veritone Inc? What does VERI stand for in stocks?

VERI is the stock ticker symbol of Veritone Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Veritone Inc (VERI)?

As of Thu May 16 2024, market cap of Veritone Inc is 117.74 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VERI stock?

You can check VERI's fair value in chart for subscribers.

What is the fair value of VERI stock?

You can check VERI's fair value in chart for subscribers. The fair value of Veritone Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Veritone Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VERI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Veritone Inc a good stock to buy?

The fair value guage provides a quick view whether VERI is over valued or under valued. Whether Veritone Inc is cheap or expensive depends on the assumptions which impact Veritone Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VERI.

What is Veritone Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, VERI's PE ratio (Price to Earnings) is -1.93 and Price to Sales (PS) ratio is 0.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VERI PE ratio will change depending on the future growth rate expectations of investors.