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Veritone, Inc is currently in a long term downtrend where the price is trading 22.0% below its 200 day moving average.
From a valuation standpoint, the stock is 59.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 10.3.
Veritone, Inc's total revenue rose by 35.1% to $17M since the same quarter in the previous year.
Its net income has increased by 16.8% to $-12M since the same quarter in the previous year.
Finally, its free cash flow grew by 100.3% to $37K since the same quarter in the previous year.
Based on the above factors, Veritone, Inc gets an overall score of 4/5.
Sector | Technology |
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Industry | Software - Infrastructure |
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US92347M1009 |
Market Cap | 98M |
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PE Ratio | None |
Target Price | 5 |
Beta | 3.71 |
Dividend Yield | None |
Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, analyze and optimize data to drive business processes and 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, host-endorsed and influencer advertising across primarily radio, podcasting, streaming audio, social media and other digital media channels 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, government, legal and compliance, energy, and other vertical markets. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Denver, Colorado.
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