Veritone (NASDAQ:VERI) Stock Rating Upgraded by UBS Group

Veritone (NASDAQ:VERI) was upgraded by research analysts at UBS Group to a “hold” rating in a report issued on Monday,Zacks.com reports.

A number of other brokerages also recently issued reports on VERI. D. Boral Capital reissued a “buy” rating and issued a $8.00 price objective on shares of Veritone in a research note on Wednesday, April 15th. HC Wainwright reissued a “buy” rating and issued a $9.00 price objective on shares of Veritone in a research note on Monday, March 30th. Finally, Wall Street Zen downgraded Veritone from a “hold” rating to a “sell” rating in a research note on Saturday, March 21st. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Veritone has an average rating of “Hold” and an average target price of $7.38.

Veritone Price Performance

Shares of NASDAQ:VERI opened at $2.00 on Monday. The company has a market capitalization of $185.44 million, a price-to-earnings ratio of -4.34 and a beta of 2.23. The business’s 50-day moving average is $2.12 and its 200-day moving average is $3.38. Veritone has a 1 year low of $1.22 and a 1 year high of $9.42.

Veritone (NASDAQ:VERI) last announced its quarterly earnings data on Wednesday, April 15th. The company reported $999.00 earnings per share (EPS) for the quarter. Veritone had a negative return on equity of 198.79% and a negative net margin of 117.88%. Analysts anticipate that Veritone will post -0.29 EPS for the current year.

Institutional Trading of Veritone

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VERI. State of Wyoming bought a new stake in Veritone during the 4th quarter worth approximately $25,000. SummitTX Capital L.P. purchased a new position in Veritone in the first quarter valued at approximately $26,000. Franklin Resources Inc. purchased a new position in Veritone in the third quarter valued at approximately $50,000. Sherbrooke Park Advisers LLC purchased a new position in Veritone in the third quarter valued at approximately $80,000. Finally, Jefferies Financial Group Inc. purchased a new position in Veritone in the third quarter valued at approximately $82,000. 39.18% of the stock is owned by institutional investors.

Key Veritone News

Here are the key news stories impacting Veritone this week:

• Neutral Sentiment: Several law firms, including Kirby McInerney, Pomerantz, Rosen, Schall, Faruqi & Faruqi, Berger Montague, and others, issued reminders about the July 20, 2026 lead-plaintiff deadline in the pending securities class action against Veritone. Article Title
• Neutral Sentiment: Additional notices confirm that a class action has been filed on behalf of investors who bought Veritone shares during the October 14, 2025 to April 14, 2026 period, extending the legal overhang around the stock. Article Title
• Negative Sentiment: The lawsuit centers on allegations that Veritone overstated financial results through questionable revenue recognition practices, which could raise the risk of further disclosures, reputational damage, and potential settlement costs. Article Title

About Veritone

Veritone, Inc (NASDAQ: VERI) is a technology company specializing in artificial intelligence solutions for media, legal, government and enterprise applications. Its flagship offering, aiWARE™, is a cloud-based operating system that orchestrates and automates an ecosystem of machine learning models to transform unstructured data—such as audio, video and text—into actionable intelligence. By providing a modular AI environment, Veritone enables organizations to deploy, manage and scale cognitive engines that address diverse use cases from transcription and translation to sentiment analysis and facial recognition.

Through aiWARE and its suite of purpose-built applications, the company delivers turnkey solutions for content licensing, media monitoring, eDiscovery, compliance and public safety.