Core Insights - Veritone, Inc. reported a significant growth in core AI software revenue, exceeding 200% in the third quarter of 2025 [1] - The company has strengthened its liquidity position through two equity offerings [1] - Veritone remains on track to achieve profitability by the latter part of 2026 [1]

Core Insights - Veritone, Inc. is expected to report its third-quarter 2025 earnings on November 6, with a projected loss of 11 cents per share, reflecting a year-over-year increase of 42.1% in losses [1] - Revenue estimates for the same quarter are set at $28.6 million, indicating a year-over-year rise of 30.1% [1] Revenue and Earnings Expectations - The anticipated revenue for the third quarter of 2025 is expected to be between $28 million and $30 million, with a net loss projected to be between $6 million and $6.5 million, an improvement from a non-GAAP net loss of $11.1 million in the third quarter of 2024 [4] - For the full year 2025, revenues are expected to range from $108 million to $115 million, compared to $92.6 million in 2024, with net losses projected to improve to between $30 million and $25 million from a non-GAAP net loss of $40.8 million at the end of 2024 [5] Segment Performance - The revenue growth in the upcoming quarter is anticipated to be driven by improvements in the Software Products and Services segment, particularly from strong growth in public-sector and commercial software products and services [3] Earnings Prediction Model - The Zacks model indicates that Veritone is not expected to beat earnings this season, with an Earnings ESP of 0.00% and a Zacks Rank of 2 (Buy) [6]

Core Viewpoint - Veritone Inc. (NASDAQ:VERI) is highlighted as a promising AI stock under $20, with a recent 'Buy' rating initiated by Needham and a price target of $10, following a significant stock rally of 180% over the past six months [1][2]. Company Overview - Veritone Inc. is an enterprise AI company that specializes in developing software and services aimed at transforming unstructured data, such as audio and video, into actionable intelligence [4]. - The company's core platform, aiWARE, functions as an AI operating system that integrates various AI models to automate tasks and enhance efficiency across multiple industries, including media and entertainment, public sector, legal, and talent acquisition [4]. Market Opportunities - Needham anticipates that Veritone will continue to outperform the market, driven by growth in several segments as the company targets specific market opportunities [2]. - The expected momentum is attributed to advancements in the aiWARE platform, which allows customers to convert unstructured data into structured business outcomes [2]. - Additionally, Veritone is projected to benefit from growth in the AI data training market, public sector application sales, and aiWARE platform sales across diverse end markets [3].

Core Insights - The article discusses the 13 best AI stocks to buy under $20, highlighting the significant role of artificial intelligence in investment strategies over the past two years, contributing to record highs in the equity market [1] - Concerns about an AI bubble are rising, with experts suggesting the need for diversification into stocks trading at discounted valuations [3][4] - A Bank of America survey indicates that a third of fund managers view the AI bubble as a major risk, yet this has not significantly dampened overall positive market sentiment [4][5] Industry Overview - The AI sector has been a driving force behind the recent equity market rally, with major tech companies significantly influencing the S&P 500 index [1] - The AI boom has led to historical highs in stock valuations, prompting investors to reconsider their strategies [2] - The concept of a "rational bubble" has been introduced, suggesting that while there are opportunities, only a few companies will emerge as winners [3] Company Insights - **Veritone Inc. (NASDAQ:VERI)**: - Current share price is $6.14, with a 180% increase over the past six months [9] - Analysts at Needham initiated coverage with a 'Buy' rating and a $10 price target, expecting continued outperformance driven by growth in its aiWARE platform and other market opportunities [10][11][12] - **Spectral AI Inc. (NASDAQ:MDAI)**: - Current share price is $2.22, with 7 hedge fund holders [13] - The company announced a $7.6 million offering to support the expansion of its DeepView System, which is aimed at enhancing clinical indications and preparing for commercial readiness in 2026 [13][14][15] - Spectral AI utilizes AI and multispectral imaging for medical diagnostics, particularly in assessing wound healing potential [16]

Veritone Inc. (NASDAQ:VERI) is one of the hot tech stocks to buy according to Wall Street analysts. On October 20, H.C. Wainwright raised the firm’s price target on Veritone to $9 from $6 and maintained a Buy rating on the shares. The analyst at H.C. Wainwright informed investors that the ramp of the company’s VDR (Veritone Data Repository) bookings is currently ahead of expectations. The firm also noted that Veritone’s VDR solution is being deployed across a growing list of hyperscalers and venture-backe ...

Core Viewpoint - Veritone's shares increased by approximately 2% following the initiation of coverage by Needham with a Buy rating and a price target of $10 [2]. Group 1 - Needham analysts, led by Joshua Reilly, have started coverage of Veritone, indicating a positive outlook for the company [3].

Core Viewpoint - Veritone, Inc. (VERI) shows potential for significant upside, with a mean price target of $10.75 indicating an 80.1% increase from the current price of $5.97 [1] Price Targets and Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $9.81, indicating variability among analysts [2] - The lowest estimate is $3.00, suggesting a potential decline of 49.8%, while the highest estimate is $25.00, indicating a potential increase of 318.8% [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Earnings Estimates and Analyst Consensus - Analysts have shown increasing optimism about VERI's earnings prospects, with a strong consensus in revising EPS estimates higher [11] - Over the last 30 days, one estimate has increased, leading to a 1.4% rise in the Zacks Consensus Estimate [12] - VERI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are often sought after, they can mislead investors, as empirical research shows they rarely indicate actual stock price movements [7][10] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8]

Veritone Conference Call Summary Company Overview - **Company**: Veritone (NasdaqGM:VERI) - **Founded**: 2014 by two serial entrepreneur brothers - **Employees**: Over 400 - **Global Presence**: Offices in the U.S., UK, Germany, France, Australia, India, and Israel - **Customers**: Approximately 3,000 - **Public Listing**: Went public in 2017 - **Core Business**: AI-driven platform for processing unstructured data, known as aiWARE [3][4][7] Industry Insights - **AI Sector**: Veritone operates within the AI space, focusing on unstructured data processing, which includes video, audio, text, and images [3][4] - **Market Growth**: The market for AI-driven data processing is projected to grow from $3 billion to $17 billion by 2032 [12] Financial Performance - **Recent Revenue**: $24 million in the last quarter, flat year-over-year; however, core software revenue grew over 45% year-over-year [13][14] - **Projected Growth**: Anticipated growth of 30% in the upcoming quarter [13] - **Annual Revenue Projection**: Expected to be between $108 million and $115 million for the year, up from $92 million last year [17] - **Gross Margins**: North of 60%, with a focus on cost management [18] - **Annual Recurring Revenue (ARR)**: Over $62 million, indicating strong customer retention [14][15] Product and Service Offerings - **aiWARE Platform**: Features over 850 unique AI models and 26 levels of cognition, capable of processing vast amounts of unstructured data [5][6] - **Key Applications**: - Assists ESPN in programming SportsCenter and managing content [8] - Provides services for NCAA digital content monetization [9] - Supports public safety initiatives for law enforcement and the Department of Defense [10][11] - **New Product Launch**: Veritone Data Refinery (VDR) launched to digitize and index large volumes of content for training AI models [11][12] Strategic Initiatives - **Loyalty Programs**: Engaging with sororities and universities to drive product sales and enhance customer loyalty [1][2] - **Debt Management**: Plans to use recent capital raises to improve liquidity and pay down debt [16][27] - **Market Positioning**: Competes with companies like Palantir and Axon, focusing more on the commercial sector while growing in the public sector [24] Risks and Challenges - **Legal Concerns**: Addressing privacy and copyright issues as the company navigates the complexities of AI and data usage [18] - **Market Competition**: Competing against larger firms in the AI space while maintaining a focus on core competencies [24] Additional Notes - **Customer Engagement**: High customer retention rates in the high 90th percentile, indicating strong product satisfaction [15] - **Future Outlook**: Anticipation of significant growth in the upcoming quarters, with a focus on expanding the software business [23]

Company Overview - Veritone, Inc. (VERI) shares increased by 53.7% to close at $8.39, driven by significant trading volume and a 46.4% gain over the past four weeks [1] - The stock's surge is attributed to major AI data contract wins, strong preliminary third-quarter results, and renewed investor confidence in its role within the AI data ecosystem [1] Financial Performance - The company is expected to report a quarterly loss of $0.11 per share, reflecting a year-over-year change of +42.1% [2] - Revenues are anticipated to reach $28.45 million, marking a 29.4% increase from the same quarter last year [2] Earnings Estimates - The consensus EPS estimate for Veritone has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [3] - Veritone currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - Veritone is part of the Zacks Technology Services industry, where another company, Viant Technology (DSP), finished the last trading session slightly higher at $8.44 but has seen a -8.5% return over the past month [3] - Viant's consensus EPS estimate for the upcoming report has also remained unchanged at $0.15, with no year-over-year change [4]

Core Insights - Veritone has announced a significant hyperscaler contract for its Data Refinery platform, which is expected to redefine its future and potentially lead to a surge in VERI stock [1] - The company is experiencing strong revenue growth alongside increasing demand for AI, positioning it as a potential top AI growth play for 2025 [1] Company Summary - The new hyperscaler contract is seen as a game-changing development for Veritone, indicating a strategic shift that could enhance its market position [1] - With the current trajectory of revenue growth and AI demand, Veritone's path to profitability may accelerate more quickly than previously anticipated [1]