In last trading session, Veritone Inc (NASDAQ:VERI) saw 0.6 million shares changing hands with its beta currently measuring 2.81. Company’s recent per share price level of $1.84 trading at $0.07 or 3.95% at ring of the bell on the day assigns it a market valuation of $83.34M. That closing price of VERI’s stock is at a discount of -206.52% from its 52-week high price of $5.64 and is indicating a premium of 6.52% from its 52-week low price of $1.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.63 million shares which gives us an average trading volume of 507.86K if we extend that period to 3-months.
For Veritone Inc (VERI), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.18 in the current quarter.
Veritone Inc (NASDAQ:VERI) trade information
Upright in the green during last session for gaining 3.95%, in the last five days VERI remained trading in the green while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $1.84 price level, adding 3.16% to its value on the day. Veritone Inc’s shares saw a change of -43.90% in year-to-date performance and have moved 1.66% in past 5-day. Veritone Inc (NASDAQ:VERI) showed a performance of -13.21% in past 30-days. Number of shares sold short was 5.29 million shares which calculate 11.92 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 47.43% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would drop -90.22% in reaching the projected high whereas dropping to the targeted low would mean a loss of -90.22% for stock’s current value.
Veritone Inc (VERI) estimates and forecasts
This year revenue growth is estimated to rise 13.57% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 23.63M for the same. And 4 analysts are in estimates of company making revenue of 27.72M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.82% during past 5 years.
Veritone Inc (NASDAQ:VERI)’s Major holders
Insiders are in possession of 18.05% of company’s total shares while institution are holding 24.28 percent of that, with stock having share float percentage of 29.63%. Investors also watch the number of corporate investors in a company very closely, which is 24.28% institutions for Veritone Inc that are currently holding shares of the company. PRIVATE MANAGEMENT GROUP INC is the top institutional holder at VERI for having 2.44 million shares of worth $5.51 million. And as of 2024-06-30, it was holding 6.4499 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.55 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.097 of outstanding shares, having a total worth of $3.5 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 999.6 shares of worth $1.84 million or 2.21% of the total outstanding shares. The later fund manager was in possession of 496.93 shares on Dec 31, 2024 , making its stake of worth around $0.91 million in the company or a holder of 1.10% of company’s stock.
