D. Boral Capital Reaffirms Buy Rating for Veritone (NASDAQ:VERI)

Veritone (NASDAQ:VERI)‘s stock had its “buy” rating reaffirmed by analysts at D. Boral Capital in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $8.00 price objective on the stock. D. Boral Capital’s price target points to a potential upside of 279.15% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Veritone from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. HC Wainwright reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Veritone in a research note on Monday, March 30th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Veritone in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Veritone currently has an average rating of “Hold” and a consensus target price of $7.25.

Veritone Price Performance

Shares of Veritone stock opened at $2.11 on Wednesday. Veritone has a twelve month low of $1.22 and a twelve month high of $9.42. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 6.77. The company has a 50-day simple moving average of $2.65 and a two-hundred day simple moving average of $4.20. The stock has a market capitalization of $193.71 million, a price-to-earnings ratio of -3.15 and a beta of 2.36.

Veritone (NASDAQ:VERI) last issued its quarterly earnings data on Wednesday, April 15th. The company reported $999.00 earnings per share for the quarter. Veritone had a negative net margin of 42.60% and a negative return on equity of 361.72%.

Institutional Trading of Veritone

Several institutional investors and hedge funds have recently made changes to their positions in the company. Inspire Investing LLC bought a new position in Veritone during the fourth quarter valued at about $472,000. Balyasny Asset Management L.P. bought a new position in shares of Veritone in the fourth quarter valued at approximately $630,000. 683 Capital Management LLC bought a new position in shares of Veritone in the fourth quarter valued at approximately $891,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Veritone in the fourth quarter valued at approximately $717,000. Finally, Jain Global LLC purchased a new stake in Veritone in the fourth quarter valued at approximately $122,000. Hedge funds and other institutional investors own 39.18% of the company’s stock.

Key Headlines Impacting Veritone

Here are the key news stories impacting Veritone this week:

• Positive Sentiment: Product launch — Veritone announced a next‑generation “Discovery” solution powered by a Content Intelligence AI agent, which could help drive product-led revenue growth and deepen enterprise adoption. Veritone Launches Next Generation Discovery Solution with Content Intelligence AI Agent
• Positive Sentiment: Analyst backing — D. Boral Capital reaffirmed a “buy” rating and set an $8 price target, signaling bullish analyst conviction and upside potential versus current levels. Benzinga
• Neutral Sentiment: Consensus/ratings — The company is carrying an average analyst rating of “Hold,” reflecting mixed street sentiment despite isolated bullish targets. Veritone, Inc. Given Average Rating of “Hold” by Analysts
• Neutral Sentiment: Quarterly results — Veritone released quarterly results and related materials (press release / call). The company still shows negative margins and returns, and one published EPS figure appears anomalous; investors should review the official filings and the earnings deck for concrete revenue/guidance details. View Press Release
• Negative Sentiment: Accounting error flagged — Veritone disclosed a $2.2M revenue reporting error, which raises concerns about internal controls and could prompt restatements or revisions to past results. This development is a near-term negative for investor confidence. Veritone flags $2.2M revenue reporting error
• Negative Sentiment: Shareholder investigations announced — Multiple law firms have opened securities fraud investigations into Veritone on behalf of shareholders related to disclosures around its results and prior announcements. Potential litigation or regulatory scrutiny increases legal risk and could materially affect the stock until resolved. Securities Fraud Investigation Into Veritone, Inc. (VERI) Announced – The Law Offices of Frank R. Cruz Securities Fraud Investigation Into Veritone, Inc. (VERI) Announced – Glancy Prongay Wolke & Rotter LLP

Veritone Company Profile

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.