Added to YB: 2026-10-07
Pitch date: 2026-10-01
VERI [bearish]
Veritone, Inc.
+31.57%
current return
Author Info
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Company Info
Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India.
Market Cap
$72.9M
Pitch Price
$0.81
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.90
P/E
-0.58
EV/Sales
1.19
Sector
Software
Category
turnaround
Veritone Inc. - $VERI
VERI (update): Veritone’s $15M financing — 20M shares at $0.75 versus the prior $1.19 close — reinforces a cash-burn-and-dilution spiral: first-half operating cash burn was $22M against $12.5M of cash at Q2-end, revenue is slightly down year over year, and the share count has risen from just over 40M a year ago to more than 120M. Continued losses make further capital raises a central concern.
Read full article (3 min)