Reading VERI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track VERI free→Reading VERI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track VERI free→NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. The company was unprofitable over the past year, so its earnings quality can't be assessed, and it has a capital-unfriendly stance. Risk is high, and compared with sector peers, it is below typical. The sector backdrop is a tailwind, which may provide some support. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 0 valuation methods, at three horizons. Current price $1.50. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Not enough valuation methods to set a 12-month read yet.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Not enough peers to compare yet.
Self-history needs ~20 months of data.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 63% of the time over the next year (vs 62% for the rest of the cohort, n=2777).
Over the trailing year it converted 0.43x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.00 → $-0.12. 0 raised, 1 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 75% of analysts rate Buy.
1 PT revisions / 30d. Avg target 17.9% above current price.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$269.
How much price usually moves either way.
On a bad day, this stock has moved -$929.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $8,212.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Reducing non-GAAP net loss is key for better financial performance.
Confirms:Management reports a decrease in non-GAAP net loss for the upcoming quarters.
Disproves:Non-GAAP net loss remains unchanged or increases in future reports.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for VERI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Costs Associated with Exit or Disposal Activities On June 1, 2026, Veritone, Inc. (the “Company”) made the decision to implement a restructuring plan (the “Plan”), which includes a workforce reduction that was initiated on June 10, 2026, and a reduction in certain third-party operating costs. These actions are intended to reduce up to 30% of the Company’s operating expenses as part of a realignment of its business and cost structure . The Company expects that the Plan will reduce the size of…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Systems Software.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
VERI Veritone Inc | Below typical Show detailsSector percentile: 16 of 100 | — | high |
MSFT Microsoft | Above typical Show detailsSector percentile: 84 of 100 | expensive | moderate |
PANW Palo Alto Networks | Below typical Show detailsSector percentile: 25 of 100 | expensive | moderate |
CRWD CrowdStrike | Typical Show detailsSector percentile: 34 of 100 | expensive | moderate |
FTNT Fortinet | Above typical Show detailsSector percentile: 91 of 100 | expensive | moderate |
19 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated volatile grew net income 58% of the time over the next year (vs 61% for the rest of the cohort, n=793).
Not investment advice. As of 2026-06-16.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Initiate a restructuring plan including a workforce reduction to cut operating expenses by up to 30%.
Maintain revenue guidance for fiscal year 2026 between $130 million and $145 million.
Aim to reduce non-GAAP net loss to between $13.5 million and $22.5 million for fiscal year 2026.
Why it matters: The workforce reduction aims to cut costs by up to 30%. Success here could improve financial health.
Confirms:Management says they have met or exceeded cost cuts from the workforce plan.
Disproves:Management says there are delays or problems with the workforce reduction plan.
Entry into a Material Definitive Agreement. On May 21, 2026, Veritone, Inc. (the “Company”) entered into a sales agreement (the “Sales Agreement”) with UBS Securities LLC, Needham & Company, LLC and Craig-Hallum Capital Group LLC, as sales agents (collectively, the “Sales Agents”), pursuant to which the Company may offer and sell from time to time, at its option, shares of the Company’s common stock through the Sales Agents. The issuance and sale, if any, of shares of the Company’s common sto…
and not deemed filed) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERITONE, INC. By: /s/ MICHAEL L. ZEMETRA Michael L. Zemetra Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) Date: May 12, 2026 3
Changes in Registrant’s Certifying Accountants. (a) Dismissal of Independent Registered Public Accounting Firm . Veritone, Inc. (the “Company”) has dismissed Grant Thornton LLP (“Grant Thornton”), an independent registered public accounting firm, as its principal accountant. The decision to dismiss Grant Thornton was effective on April 23, 2026, after being approved by the Audit Committee (the “Audit Committee”) of the Company’s Board of Directors. The audit reports of Grant Thornton on the c…
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. On April 8, 2026, the management and the audit committee (the “Audit Committee”) of the Board of Directors of Veritone, Inc. (the “Company”), after consideration of the relevant facts and circumstances, determined that the Company’s previously issued unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2025 should no longer…