While Veritone Inc has overperformed by 6.34%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VERI fell by -7.93%, with highs and lows ranging from $5.64 to $1.22, whereas the simple moving average jumped by 22.48% in the last 200 days.
On March 17, 2025, Ladenburg Thalmann started tracking Veritone Inc (NASDAQ: VERI) recommending Buy. A report published by H.C. Wainwright on February 21, 2025, Initiated its previous ‘Buy’ rating for VERI. D. Boral Capital also rated VERI shares as ‘Buy’, setting a target price of $4.50 on the company’s shares in an initiating report dated February 03, 2025. UBS initiated its ‘Neutral’ rating for VERI, as published in its report on October 30, 2024. ROTH MKM’s report from February 01, 2024 suggests a price prediction of $1.85 for VERI shares, giving the stock a ‘Neutral’ rating. ROTH MKM also rated the stock as ‘Sell’.
Analysis of Veritone Inc (VERI)
Further, the quarter-over-quarter decrease in sales is -22.52%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Veritone Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -600.12% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.89, 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.
An average volume of 1.80M can be a very valuable indicator of volatility for VERI stock. On a monthly basis, the volatility of the stock is set at 13.83%, whereas on a weekly basis, it is put at 13.92%, with a gain of 21.77% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.75, showing growth from the present price of $3.02, 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 the fundamentals, you should also consider how many employees own shares in the company. 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 19.76%. 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 20.05% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
