While Veritone Inc has underperformed by -5.45%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VERI rose by 38.66%, with highs and lows ranging from $7.76 to $1.65, whereas the simple moving average fell by -12.95% in the last 200 days.
On February 21, 2025, H.C. Wainwright started tracking Veritone Inc (NASDAQ: VERI) recommending Buy. A report published by D. Boral Capital on February 03, 2025, Initiated its previous ‘Buy’ rating for VERI. UBS also Upgraded VERI shares as ‘Neutral’, setting a target price of $3.50 on the company’s shares in a report dated October 30, 2024. UBS Initiated an Neutral rating on October 30, 2024, and assigned a price target of $3.50. ROTH MKM February 01, 2024d its ‘Sell’ rating to ‘Neutral’ for VERI, as published in its report on February 01, 2024. ROTH MKM’s report from August 09, 2023 suggests a price prediction of $2 for VERI shares, giving the stock a ‘Sell’ rating. ROTH MKM also rated the stock as ‘Neutral’.
Analysis of Veritone Inc (VERI)
Further, the quarter-over-quarter decrease in sales is -37.40%, showing a negative trend in the upcoming months.
Veritone Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -358.49% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.66, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and VERI has an average volume of 1.03M. On a monthly basis, the volatility of the stock is set at 9.25%, whereas on a weekly basis, it is put at 9.46%, with a loss of -22.03% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.67, showing growth from the present price of $2.69, which can serve as yet another indication of whether VERI is worth investing in or should be passed over.
How Do You Analyze Veritone Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 19.96%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 25.48% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
VERI shares are owned by institutional investors to the tune of 25.48% at present.
