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

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

Other analysts have also recently issued reports about the company. Wall Street Zen cut Veritone from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. D. Boral Capital reissued a “buy” rating and issued a $8.00 target price on shares of Veritone in a research report on Wednesday, April 15th. Finally, HC Wainwright reissued a “buy” rating and issued a $9.00 target price on shares of Veritone in a research report on Monday, March 30th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Veritone currently has an average rating of “Hold” and a consensus target price of $7.38.

Veritone Stock Down 4.1%

Shares of NASDAQ VERI opened at $2.00 on Monday. The stock has a market cap of $185.44 million, a PE ratio of -4.34 and a beta of 2.23. Veritone has a 52-week low of $1.22 and a 52-week high of $9.42. The business has a 50-day moving average price of $2.12 and a 200 day moving average price of $3.38.

Veritone (NASDAQ:VERI) last announced its earnings results 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%. Sell-side analysts anticipate that Veritone will post -0.29 earnings per share for the current year.

Institutional Trading of Veritone

Hedge funds have recently added to or reduced their stakes in the stock. Royce & Associates LP acquired a new stake in Veritone during the 3rd quarter worth approximately $2,603,000. Banta Asset Management LP acquired a new stake in Veritone during the 4th quarter worth approximately $12,268,000. Themes Management Co LLC acquired a new stake in Veritone during the 4th quarter worth approximately $2,750,000. OMERS ADMINISTRATION Corp lifted its position in Veritone by 115.7% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 76,800 shares of the company’s stock worth $151,000 after acquiring an additional 41,200 shares during the period. Finally, SummitTX Capital L.P. acquired a new stake in Veritone during the 1st quarter worth approximately $26,000. 39.18% of the stock is owned by institutional investors and hedge funds.

Veritone News Summary

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.