
Veritone (VERI) Stock Forecast & Price Target
Veritone (VERI) Analyst Ratings
Bulls say
Veritone Inc has experienced a notable increase in its Software as a Service (SaaS) revenue percentage, rising from 53.5% in the third quarter of 2023. The company's projected revenue for 2026 is anticipated to reach $134.7 million, reflecting a significant year-over-year growth of 20.7% compared to estimated 2025 figures, with a gross margin forecast at 74.9%, up approximately 160 basis points. Additionally, the expected public sector revenue growth of 100% to 150% in 2025, coupled with strong recent bookings, positions Veritone favorably for enhanced profitability and cash generation in the coming years.
Bears say
The analysis highlights a concerning trend for Veritone Inc, noting a projected revenue of $111.6 million for 2025, reflecting a slight decline from previous estimates and remaining within a guided range that suggests stagnation. The company's adjusted revenue has seen a decrease for two consecutive years, which is further exacerbated by a significant 17% year-over-year drop in 4Q24 revenue, primarily driven by declines in enterprise consumption revenue, including a notable reduction in sales from Amazon. Additionally, despite a decrease in operating expenses to $44.5 million, the performance remains underwhelming with lower gross margins and higher-than-expected operating costs, resulting in a stark contrast to the average EV/revenue multiples of industry peers.
This aggregate rating is based on analysts' research of Veritone and is not a guaranteed prediction by Public.com or investment advice.
Veritone (VERI) Analyst Forecast & Price Prediction
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