▼ -9.16% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Veritone in the last 3 months. The average price target is $30.17, with a high forecast of $50.00 and a low forecast of $6.00. The average price target represents a -9.16% upside from the last price of $33.21.
The current consensus among 6 investment analysts is to buy stock in Veritone. This rating has held steady since April 2020, when it changed from a Hold consensus rating.
Veritone, Inc. provides artificial intelligence (AI) computing solutions in the United States and the United Kingdom. It develops and operates aiWARE platform, an AI operating system that integrates and orchestrates a range of cognitive engines to reveal multivariate insights from structured and unstructured data, as well as to conduct cognitive workflows based on these insights. The company also provides media advertising agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics directly to advertisers through outbound sales networking, and client and partner referrals, as well as indirectly through advertising agencies or marketing consultants. It serves media and entertainment, legal and compliance, and government markets. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was founded in 2014 and is headquartered in Costa Mesa, California.