Veritone (VERI) Stock Forecast & Price Target
Veritone (VERI) Analyst Ratings
Bulls say
Veritone Inc. has demonstrated a significant shift in its revenue structure, with SaaS revenue increasing from 53.5% in Q3 2023, indicating a stronger focus on scalable software solutions. The company is projected to achieve a substantial revenue increase of 20.7%, reaching $134.7 million in 2026, supported by anticipated public sector revenue growth of between 100% and 150% in 2025. Additionally, a forecasted gross margin of 74.9% for 2026, combined with consistent bookings growth, suggests an improving financial trajectory towards profitability and cash generation, bolstering confidence in a positive outlook for Veritone's stock.
Bears say
Veritone Inc. is projecting a slight decrease in 2025 revenue to $111.6 million, reflecting a trend of declining adjusted revenues over the past two years, even after accounting for the divestiture of its media agency subsidiary, Veritone One. The company's recent financial performance shows a substantial year-over-year revenue decline of 17% in Q4 2024, primarily driven by reduced enterprise-based consumption revenues, particularly from Amazon. Furthermore, the anticipated earnings before interest, taxes, depreciation, and amortization (EBITDA) multiple of 4.0x suggests a significant discount compared to peers that operate at an average of 10.0x, which raises concerns about Veritone's position in the market amidst struggling sales and overall financial performance.
This aggregate rating is based on analysts' research of Veritone and is not a guaranteed prediction by Public.com or investment advice.
Veritone (VERI) Analyst Forecast & Price Prediction
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