
Veritone (VERI) Stock Forecast & Price Target
Veritone (VERI) Analyst Ratings
Bulls say
Veritone Inc. has demonstrated robust financial growth, with Software Products & Services revenue climbing to $22.8 million, reflecting a 55% increase and over 200% growth when excluding the Veritone Hire business. The company has also bolstered its liquidity by raising over $100 million in equity capital while reducing its debt obligations, contributing to a GAAP gross profit of $18.7 million and a margin of 64.3%. Additionally, the expanding Public Sector Pipeline, now valued at $189 million, coupled with a projected 17.8% compound annual growth rate in global AI government spending, underlines a promising outlook for continued revenue generation and market penetration.
Bears say
Veritone Inc. faces a negative outlook primarily due to concerns regarding its open platform strategy, which may not gain traction across various vertical markets, leading to potential revenue declines from contract attrition and a slowing pipeline. The company anticipates a significant decline in cash burn through year-end 2025, yet its operating margins remain under pressure, particularly for Managed Services, where growth is expected to lag behind that of software and services. Additionally, the hiring segment has experienced reduced customer additions due to softer demand, further complicating Veritone's financial prospects as these factors contribute to a lower overall profitability profile.
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
Start investing in Veritone (VERI)
Order type
Buy in
Order amount
Est. shares
0 shares