Veritone, Inc. (NASDAQ:VERI) Receives $7.38 Consensus Price Target from Analysts

Shares of Veritone, Inc. (NASDAQ:VERI) have received an average rating of “Hold” from the five brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $7.3750.

A number of equities analysts have recently commented on VERI shares. D. Boral Capital reaffirmed a “buy” rating and set a $8.00 target price on shares of Veritone in a research report on Wednesday, April 15th. HC Wainwright reaffirmed a “buy” rating and set a $9.00 target price on shares of Veritone in a research report on Monday, March 30th. Wall Street Zen cut Veritone from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Finally, UBS Group started coverage on Veritone in a report on Monday, June 1st. They issued a “neutral” rating and a $2.50 target price for the company.

Institutional Investors Weigh In On Veritone

Several hedge funds have recently made changes to their positions in VERI. State of Wyoming bought a new stake in shares of Veritone in the 4th quarter valued at about $25,000. Farther Finance Advisors LLC raised its holdings in shares of Veritone by 17.3% in the 4th quarter. Farther Finance Advisors LLC now owns 44,090 shares of the company’s stock valued at $205,000 after purchasing an additional 6,500 shares in the last quarter. Vanguard Capital Wealth Advisors raised its holdings in shares of Veritone by 11.0% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 71,450 shares of the company’s stock valued at $332,000 after purchasing an additional 7,100 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Veritone by 78.3% in the 4th quarter. Franklin Resources Inc. now owns 18,325 shares of the company’s stock valued at $85,000 after purchasing an additional 8,045 shares in the last quarter. Finally, Jefferies Financial Group Inc. raised its holdings in shares of Veritone by 47.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 25,130 shares of the company’s stock valued at $117,000 after purchasing an additional 8,130 shares in the last quarter. 39.18% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Veritone

Here are the key news stories impacting Veritone this week:

• Negative Sentiment: Multiple law firms, including Rosen, Hagens Berman, Faruqi & Faruqi, The Gross Law Firm, and others, are actively soliciting investors for a securities class action tied to Veritone’s alleged improper revenue accounting and the company’s admission that certain prior financial statements should no longer be relied upon. Article Title
• Negative Sentiment: The lawsuits target investors who bought VERI between October 14, 2025 and April 14, 2026, with a key lead plaintiff deadline of July 20, 2026, keeping legal risk and uncertainty in focus for shareholders. Article Title
• Neutral Sentiment: One unrelated headline highlighted Veritone AI’s work with the Cold Case Foundation on the JonBenét Ramsey case re-examination, which may support the company’s AI brand but is unlikely to offset the overhang from the legal news. Article Title

Veritone Price Performance

VERI stock opened at $1.71 on Monday. The business’s fifty day simple moving average is $2.06 and its two-hundred day simple moving average is $3.31. Veritone has a twelve month low of $1.22 and a twelve month high of $9.42. The firm has a market cap of $158.95 million, a price-to-earnings ratio of -3.72 and a beta of 2.23.

Veritone (NASDAQ:VERI) last announced its quarterly earnings data on Wednesday, April 15th. The company reported $999.00 earnings per share for the quarter. Veritone had a negative net margin of 117.88% and a negative return on equity of 198.79%. Research analysts expect that Veritone will post -0.29 EPS for the current year.

About Veritone

Veritone, Inc (NASDAQ: VERI) is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.