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How to Buy Veritone Stock

Veritone Inc

Veritone, Inc. , together with its subsidiaries, provides artificial intelligence (AI) computing solutions in the United States and the United Kingdom.

Veritone stock last closed at $3.41, up 1.19% from the previous day, and has increased 33.2% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.65 percentage points. Veritone stock is currently +130.41% from its 52-week low of $1.48, and -56.06% from its 52-week high of $7.76.

As of Sep 13, 2024, there are 38.08M shares of VERI outstanding. The market cap of VERI is $129.85M. In the last 24 hours, 795,126 VERI shares were traded.

How to Buy Veritone Stock

Wondering how to invest in Veritone stock? Here's how.
  1. Decide where to buy Veritone stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Veritone stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. Analyze Veritone stock: The Veritone ticker symbol is VERI. Is Veritone stock a good investment? Should you buy shares of VERI? How do VERI's underlying business fundamentals look? Do top analysts think Veritone is a good buy? Why has VERI's stock price moved recently? (Hint: Our stock market research tools can help you figure out if VERI is a good stock to buy).
  5. Make your VERI buy order: Decide if you will purchase VERI shares at the current market price or use a limit order to buy VERI shares at a particular price.
  6. Monitor your VERI investment: Create a watchlist to watch your new investment in Veritone shares.

Step 1: Decide where to buy Veritone stock

You will need an online brokerage account to access the NASDAQ market and buy VERI stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you can buy VERI today.

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Step 3: Put funds into your brokerage account

Now that you have opened your account on the best stock buying app, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring money into your brokerage account.

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Step 4: Analyze Veritone stock

Once you have figured out the best place to buy Veritone stock, it's critical to analyze their stock before you invest, so you can comprehend the risk and upside.

Veritone shares quick numbers

VERI Price
$3.41
1w %
19.02%
1y %
33.2%
5y %
-19.19%
P/E
-2.14x
P/B
-22.8x
P/S
0.98x
PEG
N/A
Revenue
$131.96M
Earnings
-$59.80M
Fore. Rev. Growth
4.5%
Fore. Earn. Growth
N/A
Market Cap
$129.85M
Next Earnings
Nov 6, 2024
Next Dividend
N/A

Veritone Overview

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on VERI's stock page.

Is VERI stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge VERI's true value.

You can do additional valuation research on VERI's stock here.

VERI Financial Summary

Passed Financial Due Diligence Checks:

  • VERI has $46.02M in cash and short term investments. This is enough to cover its annual cash burn of $51.50M.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the VERI balance sheet.
  • VERI has cash burn of 51501000. It does not have sufficient cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the VERI balance sheet.
  • VERI debt to equity ratio of -57.52 is negative.
  • VERI profit margin has gone down from -33.3% to -45.3% in the past year.
  • Total VERI debt is still negative.

You can dig deeper into what analysts are forecasting on the Veritone stock forecast page.

Metrics for Advanced VERI Traders

SMA10
3.04
SMA20
3.19
SMA50
2.96
SMA100
2.95
SMA200
2.85
MACD
0.06
MACD Signal
0.04
MACD Histogram
0.02
RSI
60.65
Stochastic %K
61.78
Stochastic %D
45.79
StochRSI %K
82.49
StochRSI %D
55.24

VERI Growth Numbers

Last year, VERI revenue was $131.96M. Over the last 5 year, VERI's revenue has grown by 25.21% per year. This was faster than the Software - Infrastructure industry average of 17.55%.

Dig into VERI's earnings and revenue performance here.

Who is buying/selling VERI?

Over the past 12 months, executives and large shareholders at VERI have sold more shares than they have bought.

Ryan Steelberg, PRESIDENT AND CEO of VERI, was the latest VERI insider to sell. They sold $15,624.00 worth of VERI stock on Aug 31, 2024.

Learn more about who owns VERI shares here.

Does VERI stock generate passive income?

No, Veritone doesn't provide an income stream by paying out dividends.

What do other traders have to say about VERI?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your VERI buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, use a limit order.

Hit the Open button and eToro will place the order.

If you need additional assistance investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your VERI investment

Now that you own some VERI stock, you'll want to keep up with your new investment.

Put VERI on a watchlist to track the latest developments regarding your VERI stock.

VERI Feed

How to Buy Stock in Veritone

To reiterate, here are the 6 steps for buying Veritone stock:

  1. Decide where to buy Veritone stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Veritone stock
  5. Make your VERI buy order
  6. Monitor your VERI investment

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Veritone, create a watchlist today.

NASDAQ: VERI
$3.41+0.04 (+1.19%)
Updated Sep 13, 2024
Open eToro Account
NASDAQ: VERI
$3.41+0.04 (+1.19%)
Updated Sep 13, 2024
Open eToro Account

FAQ

How much does it cost to buy one Veritone share?

As of Sep 13, 2024, it costs $3.41 to buy one share of Veritone stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.293 shares of VERI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Veritone stock?

One way to place an order for Veritone stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.