Somewhat Positive Media Coverage Somewhat Unlikely to Affect Veritone (VERI) Share Price
Headlines about Veritone (NASDAQ:VERI) have trended somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Veritone earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 43.9542880172303 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Blockchain Will Be a Top Investing Theme in 2018 (finance.yahoo.com)
- Veritone (VERI) Given Sell Rating at B. Riley (americanbankingnews.com)
- Veritone, Inc. (VERI) Reports Acquisition of Machine Learning & Advanced Data Analytics IP Assets from Atigeo Corp. (streetinsider.com)
- BRIEF-Veritone Acquires Advanced Data Science And Machine Learning Firm (reuters.com)
- Veritone Acquires Advanced Data Science and Machine Learning Firm (finance.yahoo.com)
Veritone (NASDAQ:VERI) opened at $23.93 on Friday. Veritone has a 1-year low of $7.76 and a 1-year high of $74.92.
Veritone (NASDAQ:VERI) last issued its earnings results on Monday, November 6th. The company reported ($1.31) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.43) by ($0.88). Veritone had a negative net margin of 416.28% and a negative return on equity of 1,887.29%. The company had revenue of $3.72 million during the quarter, compared to analysts’ expectations of $4.95 million. During the same period last year, the business posted ($3.49) earnings per share. The company’s quarterly revenue was up 60.3% on a year-over-year basis. sell-side analysts forecast that Veritone will post -5.64 earnings per share for the current fiscal year.
Several research firms recently issued reports on VERI. B. Riley reissued a “sell” rating and set a $15.00 price target on shares of Veritone in a report on Thursday. Zacks Investment Research raised shares of Veritone from a “sell” rating to a “hold” rating in a report on Saturday, December 2nd. Craig Hallum set a $31.00 price target on shares of Veritone and gave the stock a “buy” rating in a report on Wednesday, November 22nd. Roth Capital reissued a “buy” rating and set a $62.00 price target (up from $13.20) on shares of Veritone in a report on Friday, September 29th. Finally, Northland Securities set a $23.00 price target on shares of Veritone and gave the stock a “buy” rating in a report on Sunday, September 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $26.50.
Veritone Company Profile
Veritone, Inc is a developer of artificial intelligence (AI) platform. 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.
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