Veritone (NASDAQ:VERI) Posts Quarterly Earnings Results, Misses Expectations By $0.35 EPS

Veritone (NASDAQ:VERI) posted its earnings results on Thursday. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.35), FiscalAI reports. Veritone had a negative return on equity of 361.72% and a negative net margin of 42.60%.The business had revenue of $18.10 million for the quarter, compared to the consensus estimate of $34.29 million.

Here are the key takeaways from Veritone’s conference call:

• Our preliminary Q4 revenue range of $18.1M–$30M is driven almost entirely by a complex, non‑monetary transaction with a $12.9M face value that has uncertain GAAP recognition and could push actual reported Q4 revenue toward the low end of the range.
• A strategic dataset transaction gives Veritone preferred access to customers controlling >50 million hours of monetizable data and a fixed 50% revenue share, which management estimates could generate over $100M in VDR revenue over three years, with monetization expected to begin as early as Q2 2026.
• Veritone signed a multi‑year partnership with Oracle to make OCI the cornerstone for aiWARE, providing financial incentives to lower cloud compute and storage costs and accelerate scalable, secure deployments for commercial, public sector, and VDR workloads.
• Fiscal 2026 guidance calls for $130M–$145M revenue (midpoint ≈ +47% YoY from the low end of 2025), public sector growth of 60%–70%, a VDR pipeline >$50M and total AI platform backlog >$200M, while non‑GAAP net loss is expected to be $13.5M–$22.5M and profitability remains targeted no earlier than Q4 2026.
• Operational momentum includes the launch of the Veritone Data Marketplace, active VDR contracts with major hyperscalers, Q4 licensing orders up ~10% to 224, software deal volume up 14% to 33, 68% YoY public sector growth, and record media services and stable Broadbean performance.

Veritone Stock Performance

NASDAQ:VERI traded down $0.63 during trading on Friday, reaching $1.99. The company’s stock had a trading volume of 4,085,828 shares, compared to its average volume of 2,177,542. The firm has a market cap of $182.24 million, a price-to-earnings ratio of -2.95 and a beta of 2.16. The company has a debt-to-equity ratio of 6.77, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a 50 day moving average of $3.22 and a 200-day moving average of $4.46. Veritone has a 12 month low of $1.22 and a 12 month high of $9.42.

Analysts Set New Price Targets

A number of brokerages have commented on VERI. Wall Street Zen lowered Veritone from a “hold” rating to a “sell” rating in a report on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 target price on shares of Veritone in a research report on Tuesday, December 2nd. D. Boral Capital reiterated a “buy” rating and set a $14.00 price target on shares of Veritone in a report on Friday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Veritone in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Veritone currently has a consensus rating of “Hold” and a consensus target price of $8.75.

Institutional Trading of Veritone

A number of large investors have recently added to or reduced their stakes in VERI. State of Wyoming bought a new stake in Veritone in the fourth quarter worth about $25,000. Franklin Resources Inc. bought a new position in shares of Veritone during the 3rd quarter valued at approximately $50,000. Sherbrooke Park Advisers LLC purchased a new stake in shares of Veritone during the 3rd quarter worth approximately $80,000. Jefferies Financial Group Inc. purchased a new stake in shares of Veritone during the 3rd quarter worth approximately $82,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Veritone in the 4th quarter worth approximately $84,000. Hedge funds and other institutional investors own 39.18% of the company’s stock.

Key Veritone News

Here are the key news stories impacting Veritone this week:

• Positive Sentiment: Oracle cloud partnership announced — Veritone signed a multi‑year agreement to migrate its aiWARE, Veritone Data Refinery and Data Marketplace to Oracle Cloud Infrastructure, which management says will improve scalability, security and performance and support enterprise sales/scale. Read More.
• Positive Sentiment: Aggressive FY‑2026 revenue target / outlook — Veritone provided a fiscal‑2026 revenue guide targeting up to ~$145M and signaled an improved focus on execution and scale; that outlook prompted analyst/investor enthusiasm and was cited as the driver of a sharp rally. Read More.
• Positive Sentiment: Stock reaction reported — Media coverage noted a ~22% surge after the revenue outlook and Oracle deal were announced, reflecting strong short‑term market enthusiasm for the growth narrative. Read More.
• Neutral Sentiment: Earnings call and prepared remarks available — Management delivered prepared remarks and held the Q4 earnings call (transcripts available) where they discussed the Oracle deal, VDR expansion, and execution plan; these provide more color but mainly reinforce the guidance narrative. Read More.
• Neutral Sentiment: Company press materials — Veritone issued preliminary unaudited Q4 results and a press release describing the strategic deal and operational priorities; useful for modeling forward revenue but preliminary figures were later followed by full Q4 detail. Read More.
• Negative Sentiment: Q4 miss — Veritone reported Q4 EPS of ($0.41) vs consensus (~($0.06)) and revenue of $18.10M vs consensus ~$34.3M, producing a very weak top line and large negative margins. This earnings miss highlights near‑term demand/recognition issues and puts pressure on profitability. Read More.
• Negative Sentiment: Expectation to swing to a loss / financial discipline caveat — Coverage noted Veritone expects to “swing to a 4Q loss” and still shows a highly negative net margin and very high debt/equity metrics, meaning execution risk and cash/earnings weakness remain material risks. Read More.

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.