Veritone (VERI) Stock Forecast, Price Target & Predictions

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VERI Stock Forecast

Veritone stock forecast is as follows: an average price target of $3.50 (represents a 47.68% upside from VERI’s last price of $2.37) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

VERI Price Target

The average price target for Veritone (VERI) is $3.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $3.50 to $3.50. This represents a potential 47.68% upside from VERI's last price of $2.37.

VERI Analyst Ratings

Hold

According to 2 Wall Street analysts, Veritone's rating consensus is 'Hold'. The analyst rating breakdown for VERI stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).

Veritone Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 30, 2024	Seth Gilbert	UBS	$3.50	$3.70	-5.41%	47.68%

The latest Veritone stock forecast, released on Oct 30, 2024 by Seth Gilbert from UBS, set a price target of $3.50, which represents a -5.41% decrease from the stock price at the time of the forecast ($3.70), and a 47.68% increase from VERI last price ($2.37).

Veritone Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$3.50	$3.50
Last Closing Price	$2.37	$2.37	$2.37
Upside/Downside	-100.00%	47.68%	47.68%

In the current month, the average price target of Veritone stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Veritone's last price of $2.37. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	New Rating	Rating Change
Oct 30, 2024	UBS	Neutral	Upgrade
Oct 30, 2024	UBS	Neutral	Initialise
Aug 09, 2023	RBC Capital	Sell	Downgrade

Veritone's last stock rating was published by UBS on Oct 30, 2024. The company Upgrade its VERI rating from "null" to "Neutral".

Veritone Financial Forecast

Veritone Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$34.20M	$35.13M	$27.97M	$30.26M	$43.89M	$37.20M	$34.23M	$34.41M	$55.15M	$22.66M	$19.21M	$18.30M	$16.82M	$15.72M	$13.27M	$11.90M	$12.45M	$12.80M
Avg Forecast	$30.03M	$27.71M	$30.02M	$29.94M	$26.35M	$25.00M	$27.03M	$26.62M	$22.29M	$30.54M	$31.00M	$30.70M	$33.80M	$35.86M	$28.06M	$29.83M	$44.76M	$34.48M	$38.18M	$33.29M	$44.80M	$22.03M	$19.05M	$17.38M	$16.23M	$14.33M	$12.91M	$12.61M	$12.14M	$12.75M
High Forecast	$30.03M	$27.71M	$30.02M	$29.94M	$26.35M	$25.00M	$27.03M	$26.62M	$22.29M	$30.54M	$31.00M	$30.70M	$33.93M	$35.86M	$28.06M	$29.83M	$44.76M	$34.48M	$38.18M	$33.29M	$44.80M	$22.03M	$19.05M	$17.38M	$16.23M	$14.33M	$12.91M	$12.61M	$12.14M	$12.75M
Low Forecast	$30.03M	$27.71M	$30.02M	$29.94M	$26.35M	$25.00M	$27.03M	$26.62M	$22.29M	$30.54M	$31.00M	$30.70M	$33.66M	$35.86M	$28.06M	$29.83M	$44.76M	$34.48M	$38.18M	$33.29M	$44.80M	$22.03M	$19.05M	$17.38M	$16.23M	$14.33M	$12.91M	$12.61M	$12.14M	$12.75M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.98%	1.00%	1.01%	0.98%	1.08%	0.90%	1.03%	1.23%	1.03%	1.01%	1.05%	1.04%	1.10%	1.03%	0.94%	1.03%	1.00%

Veritone's average Quarter revenue forecast for Mar 24 based on 1 analysts is $30.70M, with a low forecast of $30.70M, and a high forecast of $30.70M. VERI's average Quarter revenue forecast represents a -10.23% decrease compared to the company's last Quarter revenue of $34.20M (Dec 23).

Veritone EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-7.80M	$-23.06M	$-28.18M	$-17.20M	$-3.53M	$2.31M	$2.68M	$-22.19M	$-8.75M	$-9.27M	$-11.50M	$-29.29M	$-10.76M	$-9.37M	$-10.19M	$-11.08M	$-12.93M	$-14.21M
Avg Forecast	$-14.31M	$-13.20M	$-14.30M	$-14.26M	$-12.55M	$-11.91M	$-12.87M	$-12.68M	$-10.62M	$-14.55M	$-14.77M	$-11.24M	$-16.10M	$-17.08M	$-13.37M	$-12.02M	$-12.28M	$-18.66M	$-20.66M	$-12.86M	$-24.24M	$-11.92M	$-10.31M	$-33.48M	$-8.78M	$-7.75M	$-6.99M	$-12.60M	$-6.57M	$-6.90M
High Forecast	$-14.31M	$-13.20M	$-14.30M	$-14.26M	$-12.55M	$-11.91M	$-12.87M	$-12.68M	$-10.62M	$-14.55M	$-14.77M	$-8.99M	$-16.03M	$-17.08M	$-13.37M	$-9.62M	$-9.83M	$-18.66M	$-20.66M	$-10.28M	$-24.24M	$-11.92M	$-10.31M	$-26.78M	$-8.78M	$-7.75M	$-6.99M	$-10.08M	$-6.57M	$-6.90M
Low Forecast	$-14.31M	$-13.20M	$-14.30M	$-14.26M	$-12.55M	$-11.91M	$-12.87M	$-12.68M	$-10.62M	$-14.55M	$-14.77M	$-13.49M	$-16.16M	$-17.08M	$-13.37M	$-14.42M	$-14.74M	$-18.66M	$-20.66M	$-15.43M	$-24.24M	$-11.92M	$-10.31M	$-40.17M	$-8.78M	$-7.75M	$-6.99M	$-15.13M	$-6.57M	$-6.90M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.48%	1.35%	2.11%	1.43%	0.29%	-0.12%	-0.13%	1.73%	0.36%	0.78%	1.12%	0.88%	1.23%	1.21%	1.46%	0.88%	1.97%	2.06%

1 analysts predict VERI's average Quarter EBITDA for Dec 22 to be $-12.28M, with a high of $-9.83M and a low of $-14.74M. This is -630.84% lower than Veritone's previous annual EBITDA (Sep 22) of $2.31M.

Veritone Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$12.18M	$-20.91M	$-23.30M	$-22.78M	$5.03M	$-4.89M	$-3.25M	$-28.44M	$-15.87M	$-11.44M	$-12.71M	$-30.57M	$-12.39M	$-11.01M	$-11.79M	$-12.68M	$-14.88M	$-14.20M
Avg Forecast	$-491.28K	$-1.93M	$-1.37M	$-2.08M	$-4.51M	$-5.49M	$-4.72M	$-5.84M	$-5.78M	$-6.04M	$-5.71M	$-13.68M	$-5.66M	$-6.90M	$-9.87M	$-14.63M	$-14.13M	$-6.83M	$-3.45M	$-15.64M	$7.75M	$-4.31M	$-5.37M	$-34.93M	$-5.52M	$-7.56M	$-8.55M	$-14.43M	$-14.27M	$-16.35M
High Forecast	$-491.28K	$-1.93M	$-1.37M	$-2.08M	$-4.51M	$-5.49M	$-4.72M	$-5.84M	$-5.78M	$-6.04M	$-5.71M	$-10.94M	$-5.66M	$-6.90M	$-9.87M	$-11.70M	$-11.30M	$-6.83M	$-3.45M	$-12.51M	$7.75M	$-4.31M	$-5.37M	$-27.95M	$-5.52M	$-7.56M	$-8.55M	$-11.55M	$-14.27M	$-16.35M
Low Forecast	$-491.28K	$-1.93M	$-1.37M	$-2.08M	$-4.51M	$-5.49M	$-4.72M	$-5.84M	$-5.78M	$-6.04M	$-5.71M	$-16.41M	$-5.66M	$-6.90M	$-9.87M	$-17.55M	$-16.96M	$-6.83M	$-3.45M	$-18.77M	$7.75M	$-4.31M	$-5.37M	$-41.92M	$-5.52M	$-7.56M	$-8.55M	$-17.32M	$-14.27M	$-16.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.15%	3.03%	2.36%	1.56%	-0.36%	0.72%	0.94%	1.82%	-2.05%	2.65%	2.37%	0.88%	2.24%	1.46%	1.38%	0.88%	1.04%	0.87%

Veritone's average Quarter net income forecast for Mar 24 is $-13.68M, with a range of $-16.41M to $-10.94M. VERI's average Quarter net income forecast represents a -212.32% decrease compared to the company's last Quarter net income of $12.18M (Dec 23).

Veritone SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$26.65M	$33.97M	$32.15M	$30.09M	$30.83M	$16.42M	$14.88M	$39.99M	$47.04M	$20.94M	$20.90M	$37.97M	$20.00M	$17.20M	$16.80M	$17.00M	$18.20M	$18.51M
Avg Forecast	$32.44M	$29.92M	$32.42M	$32.33M	$28.46M	$27.00M	$29.19M	$28.75M	$24.07M	$32.98M	$33.48M	$19.23M	$36.50M	$38.72M	$30.31M	$20.56M	$14.51M	$36.43M	$40.34M	$21.99M	$47.34M	$23.27M	$20.13M	$18.36M	$17.15M	$15.14M	$13.64M	$13.33M	$12.83M	$13.47M
High Forecast	$32.44M	$29.92M	$32.42M	$32.33M	$28.46M	$27.00M	$29.19M	$28.75M	$24.07M	$32.98M	$33.48M	$23.07M	$36.64M	$38.72M	$30.31M	$24.68M	$17.41M	$36.43M	$40.34M	$26.39M	$47.34M	$23.27M	$20.13M	$18.36M	$17.15M	$15.14M	$13.64M	$13.33M	$12.83M	$13.47M
Low Forecast	$32.44M	$29.92M	$32.42M	$32.33M	$28.46M	$27.00M	$29.19M	$28.75M	$24.07M	$32.98M	$33.48M	$15.38M	$36.35M	$38.72M	$30.31M	$16.45M	$11.61M	$36.43M	$40.34M	$17.59M	$47.34M	$23.27M	$20.13M	$18.36M	$17.15M	$15.14M	$13.64M	$13.33M	$12.83M	$13.47M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.73%	0.88%	1.06%	1.46%	2.13%	0.45%	0.37%	1.82%	0.99%	0.90%	1.04%	2.07%	1.17%	1.14%	1.23%	1.28%	1.42%	1.37%

Veritone's average Quarter SG&A projection for Mar 24 is $19.23M, based on 1 Wall Street analysts, with a range of $15.38M to $23.07M. The forecast indicates a -27.85% fall compared to VERI last annual SG&A of $26.65M (Dec 23).

Veritone EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	9	9	9	9	13	13
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.28	$-0.57	$-0.63	$-0.62	$0.14	$-0.13	$-0.09	$-0.80	$-0.45	$-0.34	$-0.39	$-0.95	$-0.43	$-0.40	$-0.43	$-0.47	$-0.61	$-0.64
Avg Forecast	$-0.01	$-0.05	$-0.04	$-0.05	$-0.12	$-0.14	$-0.12	$-0.15	$-0.15	$-0.16	$-0.15	$-0.20	$-0.15	$-0.18	$-0.26	$-0.24	$0.07	$-0.18	$-0.09	$-0.10	$0.20	$-0.11	$-0.14	$-0.14	$-0.15	$-0.20	$-0.23	$-0.29	$-0.38	$-0.43
High Forecast	$-0.01	$-0.05	$-0.04	$-0.05	$-0.12	$-0.14	$-0.12	$-0.15	$-0.15	$-0.16	$-0.15	$-0.20	$-0.15	$-0.18	$-0.26	$-0.24	$0.07	$-0.18	$-0.09	$-0.10	$0.20	$-0.11	$-0.14	$-0.14	$-0.15	$-0.20	$-0.23	$-0.29	$-0.38	$-0.43
Low Forecast	$-0.01	$-0.05	$-0.04	$-0.05	$-0.12	$-0.14	$-0.12	$-0.15	$-0.15	$-0.16	$-0.15	$-0.20	$-0.15	$-0.18	$-0.26	$-0.24	$0.07	$-0.18	$-0.09	$-0.10	$0.20	$-0.11	$-0.14	$-0.14	$-0.15	$-0.20	$-0.23	$-0.29	$-0.38	$-0.43
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-1.89%	3.15%	2.43%	2.57%	1.98%	0.72%	0.99%	8.11%	-2.20%	2.98%	2.75%	6.79%	2.95%	2.00%	1.90%	1.62%	1.62%	1.48%

According to 1 Wall Street analysts, Veritone's projected average Quarter EPS for Mar 24 is $-0.20, with a low estimate of $-0.20 and a high estimate of $-0.20. This represents a -171.43% decrease compared to VERI previous annual EPS of $0.28 (Dec 23).

Veritone Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
GCT	GigaCloud	$19.69	$50.00	153.94%	Buy
ALAR	Alarum	$11.59	$28.00	141.59%	Buy
PGY	Pagaya	$9.74	$21.00	115.61%	Buy
STEM	Stem	$0.36	$0.60	66.67%	Hold
VERI	Veritone	$2.37	$3.50	47.68%	Hold
FIVN	Five9	$42.73	$58.90	37.84%	Buy
S	SentinelOne	$23.92	$28.50	19.15%	Buy
ALTR	Altair Engineering	$106.85	$113.00	5.76%	Hold
JG	Aurora Mobile	$6.89	$7.00	1.60%	Buy
ZUO	Zuora	$9.95	$10.00	0.50%	Buy
CLBT	Cellebrite DI	$20.23	$20.00	-1.14%	Buy
DOCN	DigitalOcean	$37.76	$34.00	-9.96%	Buy
APPN	Appian	$37.46	$31.00	-17.25%	Hold
AFRM	Affirm	$70.89	$55.14	-22.22%	Buy
ARQQ	Arqit Quantum	$33.00	$14.00	-57.58%	Buy

VERI Forecast FAQ

Is Veritone a good buy?

No, according to 2 Wall Street analysts, Veritone (VERI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of VERI's total ratings.

What is VERI's price target?

Veritone (VERI) average price target is $3.5 with a range of $3.5 to $3.5, implying a 47.68% from its last price of $2.37. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Veritone stock go up soon?

According to Wall Street analysts' prediction for VERI stock, the company can go up by 47.68% (from the last price of $2.37 to the average price target of $3.5), up by 47.68% based on the highest stock price target, and up by 47.68% based on the lowest stock price target.

Can Veritone stock reach $4?

VERI's average twelve months analyst stock price target of $3.5 does not support the claim that Veritone can reach $4 in the near future.

What are Veritone's analysts' financial forecasts?

Veritone's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $105M (high $105M, low $105M), average EBITDA is $-50.012M (high $-50.012M, low $-50.012M), average net income is $-20.564M (high $-20.564M, low $-20.564M), average SG&A $113.4M (high $113.4M, low $113.4M), and average EPS is $-0.54 (high $-0.54, low $-0.54). VERI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $117.7M (high $117.7M, low $117.7M), average EBITDA is $-56.061M (high $-56.061M, low $-56.061M), average net income is $-5.869M (high $-5.869M, low $-5.869M), average SG&A $127.11M (high $127.11M, low $127.11M), and average EPS is $-0.154 (high $-0.154, low $-0.154).

Did the VERI's actual financial results beat the analysts' financial forecasts?

Based on Veritone's last annual report (Dec 2022), the company's revenue was $149.73M, which missed the average analysts forecast of $150.71M by -0.65%. Apple's EBITDA was $-14.449M, missing the average prediction of $-64.454M by -77.58%. The company's net income was $-25.236M, missing the average estimation of $-40.051M by -36.99%. Apple's SG&A was $95.52M, missing the average forecast of $113.27M by -15.67%. Lastly, the company's EPS was $-0.7, beating the average prediction of $-0.3 by 133.35%. In terms of the last quarterly report (Dec 2023), Veritone's revenue was $34.2M, beating the average analysts' forecast of $33.8M by 1.19%. The company's EBITDA was $-7.796M, missing the average prediction of $-16.097M by -51.57%. Veritone's net income was $12.18M, missing the average estimation of $-5.657M by -315.22%. The company's SG&A was $26.65M, missing the average forecast of $36.5M by -26.99%. Lastly, the company's EPS was $0.28, missing the average prediction of $-0.149 by -288.51%