Veritone Inc [VERI] stock prices are up 2.01% to $1.52 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VERI shares have gain 7.04% over the last week, with a monthly amount drifted -1.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Veritone Inc [NASDAQ: VERI] stock has seen the most recent analyst activity on March 17, 2025, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $6. On February 03, 2025, D. Boral Capital initiated with a Buy rating and assigned a price target of $4.50 on the stock. UBS upgraded its rating to a Neutral but stick to its price target of $3.50 on October 30, 2024. UBS initiated its recommendation with a Neutral and recommended $3.50 as its price target on October 30, 2024. ROTH MKM upgraded its rating to Neutral for this stock on February 01, 2024, and downed its price target to $1.85. In a note dated August 09, 2023, ROTH MKM downgraded an Sell rating on this stock and revised its target price from $3.50 to $2.
The stock price of Veritone Inc [VERI] has been fluctuating between $1.22 and $5.64 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Veritone Inc [NASDAQ: VERI] shares were valued at $1.52 at the most recent close of the market. An investor can expect a potential return of 130.26% based on the average VERI price forecast.
Analyzing the VERI fundamentals
The Veritone Inc [NASDAQ:VERI] reported sales of 97.88M for trailing twelve months, representing a drop of -29.00%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.82%, Pretax Profit Margin comes in at -0.94%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is 50.57 and Total Capital is -0.59. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 8.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4683 points at the first support level, and at 1.4167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5583, and for the 2nd resistance point, it is at 1.5967.
Ratios To Look Out For
It’s worth pointing out that Veritone Inc [NASDAQ:VERI]’s Current Ratio is 0.99. Also, the Quick Ratio is 0.99, while the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 4.62.
Transactions by insiders
Recent insider trading involved Steelberg Chad, Director, that happened on Dec 13 ’24 when 0.5 million shares were sold.
