Veritone (NASDAQ:VERI) Posts Earnings Results, Misses Estimates By $0.30 EPS

Veritone (NASDAQ:VERI) issued its quarterly earnings data on Thursday. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.30), FiscalAI reports. Veritone had a negative net margin of 40.29% and a negative return on equity of 4,022.14%. The company had revenue of $29.12 million during the quarter, compared to the consensus estimate of $28.69 million. Veritone updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

Veritone Stock Performance

Shares of VERI traded down $0.30 on Thursday, reaching $6.39. 8,024,917 shares of the stock traded hands, compared to its average volume of 10,250,783. The firm has a market cap of $378.10 million, a price-to-earnings ratio of -7.70 and a beta of 3.29. The company has a debt-to-equity ratio of 89.57, a current ratio of 0.89 and a quick ratio of 0.89. Veritone has a 12 month low of $1.22 and a 12 month high of $9.42. The stock’s 50-day moving average price is $5.13 and its 200-day moving average price is $3.05.

Institutional Trading of Veritone

An institutional investor recently raised its position in Veritone stock. Geode Capital Management LLC increased its position in shares of Veritone, Inc. (NASDAQ:VERI) by 4.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 480,842 shares of the company’s stock after purchasing an additional 19,597 shares during the period. Geode Capital Management LLC owned about 1.01% of Veritone worth $606,000 at the end of the most recent reporting period. 39.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VERI has been the topic of a number of recent analyst reports. D. Boral Capital reissued a “buy” rating and issued a $25.00 price objective on shares of Veritone in a research note on Tuesday, October 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Veritone in a research note on Wednesday, October 8th. HC Wainwright lifted their price target on Veritone from $6.00 to $9.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Needham & Company LLC assumed coverage on Veritone in a research report on Thursday, October 23rd. They issued a “buy” rating and a $10.00 price target on the stock. Finally, D Boral Capital raised Veritone to a “strong-buy” rating in a research report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $10.40.

Veritone Company Profile

Veritone, Inc, together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights.