Veritone(VERI)
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Veritone (VERI) Drives Data Refinement for AI Future
Yahoo Finance· 2026-02-12 16:20
Veritone, Inc. (NASDAQ:VERI) is one of the best AI penny stocks to buy right now. On February 11, Veritone, Inc. (NASDAQ:VERI) announced its aiWARE platform and Data Refinery will support the AI agent economy by processing unstructured audio and video data, enforcing governance, and creating AI-ready assets. Veritone, Inc. (VERI) Advances AI Agent Economy With aiWARE Growth and Strong Data Refinery Adoption aiWARE orchestrates multiple AI engines with policy-based controls and audit logs, while Data Refi ...
Why Veritone Stock Was on Fire in 2025
Yahoo Finance· 2026-01-28 22:12
Core Insights - Veritone experienced a significant increase in its stock price, rising almost 42% in 2025, driven by investor interest in AI stocks and positive business developments [1] Group 1: Business Developments - Veritone operates in a lucrative niche within the AI sector, utilizing its aiWARE operating system to help users manage large volumes of data, including text, audio, and video [2] - Despite being habitually unprofitable, Veritone has attracted investor interest due to its growth potential [3] - The company announced a registered direct share offering of $10 million, which did not lead to massive sell-offs, partly due to CEO Ryan Steelberg purchasing $1 million of the equity [4] Group 2: Government Contracts - In July, Veritone's products received "Awardable" status from Platform One, a unit of the Department of Defense, indicating readiness for business with federal agencies [6] - Following this designation, Veritone secured a sole-source contract with the Air Force to supply aiWARE and its iDEMS platform, although the contract value was not disclosed [7] Group 3: Financial Performance - Veritone's third-quarter earnings report for 2025 showed a remarkable 200% year-over-year increase in non-legacy software revenue, contributing to an overall revenue growth of 32% to over $29 million [8]
Veritone, Armada Partner to Launch Industry-First Edge-to-Enterprise AI Data Fabric
Yahoo Finance· 2025-12-29 16:42
Group 1 - Veritone Inc. and Armada have announced a partnership to create the first fully integrated Edge-to-Enterprise Data Fabric, aimed at enhancing data management for public-sector agencies and commercial content owners [1][2] - The collaboration combines Armada's Edge Platform with Veritone's aiWARE AI operating system, supporting the entire lifecycle of mission-critical data from capture to long-term discovery [2] - The initiative includes exploring edge-based processing for data tokenization, allowing organizations to convert audio and video inputs into AI-ready digital tokens, treating data as a renewable asset class [3] Group 2 - Veritone provides AI computing solutions and services across multiple countries, including the US, UK, France, Australia, Israel, and India [4]
Prediction: 1 Unstoppable Stock to Buy Before It Soars 337%, According to a Certain Wall Street Analyst
Yahoo Finance· 2025-12-22 12:13
Core Insights - Veritone is experiencing strong adoption of its technology in the public sector, closing 82 contracts across various government agencies, including 30 new agencies in Q3 [1][7] - The company signed 27 commercial agreements in Q3 2025, including partnerships with major organizations like ESPN and NCAA, aimed at monetizing their data archives [2] - Veritone's aiWARE platform is actively tokenizing unstructured data, positioning the company for significant growth potential, with a target price of $23 set by D. Boral Capital, indicating a potential upside of over 337% [3][16] Public Sector Adoption - The public sector pipeline for Veritone is valued at $218 million, nearly double from the same quarter last year, indicating strong demand for its solutions [7] - The company is deploying its technology for law enforcement, defense, and civil agencies, showcasing its versatility in various government applications [1] Commercial Agreements - In Q3 2025, Veritone expanded its relationships with major media organizations, helping them unlock value from their data [2] - The company is focusing on high-growth AI software products, which is driving its recent performance [13] Technology and Product Development - Veritone's Data Refinery (VDR) is converting raw data into high-quality datasets, which are essential for training advanced AI models [4][9] - The aiWARE platform tokenizes video and audio data, which is the fastest-growing segment of unstructured data, at an unprecedented scale [5] Financial Performance - In Q3, Veritone's revenue increased by 32% year-over-year to $29.1 million, while its non-GAAP net loss decreased by 48% to $5.8 million [12] - Management is guiding for revenue between $109 million and $115 million for fiscal 2025, with a focus on cost savings and high-growth products [13] Debt Management - Veritone plans to de-lever its balance sheet by paying off 100% of its term debt and 50% of its convertible debt, which will significantly reduce annual debt service costs [14] - Post-debt payoff, the company expects a cash balance of $34 million and a reduction in total debt from $123.1 million to $45 million [14] Market Valuation - Veritone shares currently trade at 4.5 times sales, reflecting historical debt concerns, but this may improve as the company reduces leverage and enhances financial flexibility [15] - The potential for improved valuation is linked to the scaling of the VDR business and the expansion of high-margin software revenues [16]
No Waver on VERI: D. Boral’s Reaffirmed Target Reflects Steady Conviction
Yahoo Finance· 2025-12-13 03:38
Core Viewpoint - Veritone, Inc. (NASDAQ: VERI) is highlighted as a strong investment opportunity in the agentic-AI sector, focusing on AI infrastructure and data tokenization [1]. Analyst Ratings - D. Boral Capital analyst Jason Kolbert maintained a Buy rating for VERI with a price target of $23.00 on December 2, 2025, reaffirming this stance on December 9, 2025, despite market fluctuations [1]. - Needham & Company analyst Joshua Reilly also reiterated a Buy rating with a price target of $10.00, emphasizing confidence in Veritone's strategy for unstructured-data management and AI licensing following the company's recent Virtual AI and Data Economy Forum [2]. Analyst Consensus - As of December 10, 2025, the overall analyst consensus for VERI leans towards "Buy" or "Moderate Buy," with an average 12-month price target ranging from $11.00 to $11.20, indicating a potential upside of nearly 100% from current levels [3]. Company Overview - Veritone, Inc. develops AI-powered software that transforms unstructured data, such as video, audio, and sensor outputs, into actionable intelligence through its aiWARE platform [4].
Why Veritone Stock Was on Fire for the Second Consecutive Week
The Motley Fool· 2025-12-12 16:53
Core Insights - Veritone's AI platform, aiWARE, is successfully being deployed in major cloud computing services, contributing to a significant increase in its stock price [1][2] - The deployment on self-hosted private Amazon Web Services (AWS) and Microsoft Azure tenants marks a key milestone for the company [2][6] - aiWARE functions as an operating system that manages multiple AI models for various applications, particularly benefiting public-sector agencies [4][5] Company Performance - Veritone's shares rose by 8% week-to-date, following a previous bullish trend [1] - The company's market capitalization stands at $1 billion, with a current stock price of $5.67 [6] - The stock has experienced a 52-week range from $1.22 to $9.42, indicating volatility [6] Strategic Developments - The deployment model allows organizations, such as defense and law enforcement agencies, to maintain control over their infrastructure and data while leveraging AI capabilities [5] - The company is positioned in a high-growth environment, although it faces challenges in reducing consistent net losses [6]
Why AI Stock Veritone Was Soaring This Week
The Motley Fool· 2025-12-05 06:34
Core Insights - Veritone's shares have increased nearly 26% week-to-date due to a new strategic partnership and an analyst's price target increase [1] Company Developments - Veritone announced a partnership with edge computing specialist Armada to provide next-generation data offerings to corporate clients [2] - The collaboration aims to deliver the industry's first fully integrated edge-to-enterprise data fabric, capable of processing high-volume audio, video, drone, and sensor streams in real-time, even in disconnected environments [3] - The solutions from Veritone and Armada will cover the entire lifecycle of mission-critical data, appealing to a wide range of public and private organizations [3] Financial Insights - No financial details regarding the Armada partnership were disclosed, nor were there estimates on its potential impact on Veritone's fundamentals [4] - Veritone's current market capitalization is $1 billion, with shares trading between $1.22 and $9.42 over the past 52 weeks [5] - Needham analyst Joshua Reilly has a buy rating on Veritone with a price target of $10 per share, highlighting the company's differentiation through data tokenization and potential success in licensing data to hyperscalers [5]
Veritone, Inc. (VERI) Discusses Vision and Strategy for AI and Data Economy, Product Innovations, and Go-to-Market Approach Transcript
Seeking Alpha· 2025-12-01 21:23
Group 1 - The presentation includes forward-looking statements based on current expectations and assumptions, with actual results potentially differing due to risks and uncertainties [1] - There is no obligation to update the forward-looking statements after the discussion [1] Group 2 - A full list of risk factors is available in the disclaimer and recent filings on sec.gov [2] - A replay of the webcast will be accessible later in the week via the Investor Relations section of Veritone's website [2] - Questions can be submitted during the presentation using the chat box, with selected questions addressed at the end of the session [2]
Veritone (NasdaqGM:VERI) Update / Briefing Transcript
2025-12-01 18:02
Summary of Veritone's AI and Data Economy Forum Company Overview - **Company**: Veritone - **Industry**: AI and Data Economy - **Core Technology**: AIWare, a proprietary AI operating system that processes unstructured data into actionable intelligence and monetizable tokens [3][4][31] Key Points and Arguments Market Opportunity - **Data as a New Asset Class**: Data is becoming a new form of currency, and Veritone is positioned to capitalize on this trend by tokenizing unstructured data [3][10] - **Growth Trajectory**: Veritone is on a strong growth trajectory, generating trillions of tokens per quarter, and is well-positioned to benefit from the expanding AI and data economies [8][10] - **Veritone Data Refinery (VDR)**: A new product line that transforms raw audio and video into high-quality tokenized datasets for AI model training, with bookings already surpassing $40 million [9][10] Technology and Product Offerings - **AIWare Platform**: Powers all applications, enabling ingestion, cognitive processing, tokenization, and activation of data at scale [13][31] - **Digital Media Hub (DMH)**: An intelligent media asset management solution that enhances search and monetization capabilities for media companies [16][17] - **Intelligent Digital Evidence Management System (iDEMS)**: A suite of AI-powered tools for public safety agencies to manage and analyze large volumes of digital evidence [20][35] Customer Engagement and Use Cases - **Diverse Customer Base**: Serves a wide range of industries including media, government, sports, and enterprise, with notable clients like CBS and the United States Air Force [5][31] - **Case Study - CBS News**: Veritone helps CBS News digitize and monetize their extensive archives, improving search and discovery processes [5][34] - **Public Sector Impact**: iDEMS tools like Investigate and Redact significantly enhance the efficiency of law enforcement agencies in managing digital evidence [20][36] Future Outlook - **Expansion Plans**: Veritone aims to secure contracts with nearly all major hyperscalers by the end of the year, indicating strong future growth potential [10][58] - **Tokenization Trends**: The global tokenization market is expected to exceed $10 trillion by 2030, positioning Veritone favorably to leverage this growth [48] - **Innovative Roadmap**: Plans for 2026 include advancements in natural language processing, real-time video analytics, and the integration of AI agents to enhance operational efficiency [26][30][29] Important but Overlooked Content - **Customer-Centric Approach**: Veritone emphasizes strong customer service and responsiveness, which has been a key factor in retaining long-term clients [39] - **Regulatory Compliance**: The Redact application addresses legal requirements for protecting personally identifiable information (PII) in public records, showcasing Veritone's commitment to compliance [36][38] - **Partnership Ecosystem**: Collaborations with hyperscalers and technology alliances enhance Veritone's market reach and operational capabilities [41][40] This summary encapsulates the core insights from Veritone's AI and Data Economy Forum, highlighting the company's strategic positioning, technological innovations, and future growth prospects in the evolving data landscape.
Veritone’s (VERI) Debt Discipline and AI Expansion Drive Its Evolving Growth Story
Yahoo Finance· 2025-11-29 06:26
Core Insights - Veritone, Inc. (NASDAQ:VERI) is undergoing a significant financial restructuring, repaying approximately $77.5 million in debt, which includes the full repayment of its $31.8 million senior secured credit facility and 50% of its $45.7 million convertible notes [2] - The company's revenue grew by 32% to $29.1 million in Q3 2025, driven by strong performance in its Software Products & Services segment, particularly the VDR solution [2] - Despite reporting a non-GAAP net loss of $5.8 million, an improvement from an $11.1 million loss in Q3 2024, the strategic debt reduction and revenue growth are expected to enhance future profitability [2] Financial Restructuring - Veritone successfully closed a transaction with lenders to repay $77.5 million in debt, reducing annual debt costs by approximately $13 million and freeing up $15 million in previously restricted cash [2] - CEO Ryan Steelberg highlighted the cleaner capital structure, positioning the company to better capitalize on the growing demand for AI-powered solutions [2] Revenue Growth - The company reported a 32% increase in revenue, reaching $29.1 million, attributed to robust growth in its Software Products & Services segment [2] - The VDR solution showed significant growth, which helped offset declines in the Managed Services segment [2] - Gross profit margins stabilized, indicating an improvement in the company's financial health [2] Future Outlook - The combination of strong revenue growth and strategic debt reduction is expected to improve Veritone's future profitability [2] - The company focuses on developing human-centered AI solutions aimed at enhancing efficiency, profitability, and decision-making capabilities across various sectors, including media, entertainment, public sector, and talent acquisition [2]