Veritone (NASDAQ:VERI) Rating Increased to Hold at UBS Group

UBS Group upgraded shares of Veritone (NASDAQ:VERI) to a hold rating in a research report released on Monday morning,Zacks.com reports.

Other research analysts also recently issued reports about the company. Wall Street Zen downgraded Veritone from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. HC Wainwright reiterated a “buy” rating and issued a $9.00 price target on shares of Veritone in a report on Monday, March 30th. Finally, D. Boral Capital reiterated a “buy” rating and issued a $8.00 price target on shares of Veritone in a report on Wednesday, April 15th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $7.38.

Veritone Price Performance

Shares of Veritone stock opened at $2.00 on Monday. Veritone has a 1 year low of $1.22 and a 1 year high of $9.42. The company has a market capitalization of $185.44 million, a P/E ratio of -4.34 and a beta of 2.23. The business has a 50 day moving average price of $2.12 and a 200 day moving average price of $3.38.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VERI. Geode Capital Management LLC raised its holdings in Veritone by 4.2% in the 2nd quarter. Geode Capital Management LLC now owns 480,842 shares of the company’s stock valued at $606,000 after acquiring an additional 19,597 shares during the last quarter. Wesbanco Bank Inc. acquired a new position in Veritone in the 3rd quarter valued at $241,000. Vanguard Group Inc. raised its holdings in Veritone by 63.1% in the 3rd quarter. Vanguard Group Inc. now owns 2,754,165 shares of the company’s stock valued at $13,275,000 after acquiring an additional 1,065,460 shares during the last quarter. Royce & Associates LP acquired a new position in Veritone in the 3rd quarter valued at $2,603,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Veritone during the 3rd quarter valued at $82,000. 39.18% of the stock is currently owned by institutional investors and hedge funds.

Veritone News Summary

Here are the key news stories impacting Veritone this week:

• Neutral Sentiment: Several law firms, including Kirby McInerney, Pomerantz, Rosen, Schall, Faruqi & Faruqi, Berger Montague, and others, issued reminders about the July 20, 2026 lead-plaintiff deadline in the pending securities class action against Veritone. Article Title
• Neutral Sentiment: Additional notices confirm that a class action has been filed on behalf of investors who bought Veritone shares during the October 14, 2025 to April 14, 2026 period, extending the legal overhang around the stock. Article Title
• Negative Sentiment: The lawsuit centers on allegations that Veritone overstated financial results through questionable revenue recognition practices, which could raise the risk of further disclosures, reputational damage, and potential settlement costs. Article Title

Veritone Company Profile

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.