Equities research analysts expect that Veritone will post ($5.37) earnings per share for the current fiscal year. The stock is a Buy among 1 brokerage firms polled by Factset Research.
Veritone, Inc. has a 12-month low of $7.76 and a 12-month high of $60.00. Craig Hallum assumed coverage on Veritone in a research note on Tuesday, June 6th.
On August 11, 2017 Roth Capital initiated coverage on VERI setting a rating of “Buy”. Wunderlich reaffirmed a buy rating and set a $18.00 price target on shares of Veritone in a report on Wednesday, June 21st. Whereas 0 of them predict the stock is a hold. The firm’s market capitalization is $841.78 million.
It is now trading at $57.12 which is quite a bit higher than the 50 day moving average of $15.74 and which is significantly higher than the 200 day moving average of $13.56.
Looking forward, the company’s quarterly earnings are expected to come at $0.26 in the three months through September 2017 and $0.25 in the quarter ending December 2017, reflecting 8.33% and 4.17% growth, respectively. The stock has a consensus rating of Buy and a consensus target price of $16.44. They issued a buy rating and a $13.20 price target for the company. Analysts are forecasting earnings of $-0.59 on a per share basis this quarter. The forecast of 4 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
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Jaguar Health, Inc. (NASDAQ:JAGX) is worth US$33.04 Million and has recently risen 4.79% to US$0.41. Finally, White Pine Capital LLC purchased a new stake in shares of Veritone in the second quarter valued at approximately $583,000. Spark Investment Management LLC bought a new stake in Veritone during the 2nd quarter worth approximately $126,000. Northern Trust Corp bought a new stake in Veritone during the 2nd quarter worth approximately $269,000. The Company’s platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. Perkins Capital Management Inc. acquired a new stake in Veritone in the 2nd quarter valued at about $498,000.