Veritone Inc has a consensus price target of $11.58 based on the ratings of 6 analysts. The high is $30 issued by Northland Capital Markets on March 4, 2022. The low is $2.25 issued by Roth MKM on March 14, 2024. The 3 most-recent analyst ratings were released by Roth MKM on March 14, 2024, February 1, 2024, and August 9, 2023, respectively. With an average price target of $2.03 between Roth MKM, there's an implied -28.65% downside for Veritone Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Veritone (NASDAQ:VERI) was reported by Roth MKM on March 14, 2024. The analyst firm set a price target for $2.25 expecting VERI to fall to within 12 months (a possible -21.05% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Veritone (NASDAQ:VERI) was provided by Roth MKM, and Veritone maintained their neutral rating.
The last upgrade for Veritone Inc happened on February 1, 2024 when Roth MKM raised their price target to $1.85. Roth MKM previously had a sell for Veritone Inc.
The last downgrade for Veritone Inc happened on August 9, 2023 when Roth MKM changed their price target from $3.5 to $2 for Veritone Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Veritone, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Veritone was filed on March 14, 2024 so you should expect the next rating to be made available sometime around March 14, 2025.
While ratings are subjective and will change, the latest Veritone (VERI) rating was a maintained with a price target of $1.85 to $2.25. The current price Veritone (VERI) is trading at is $2.85, which is out of the analyst’s predicted range.
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