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 $3.56, down 7.05% from the previous day, and has decreased 30.87% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.45 percentage points. Veritone stock is currently +140.54% from its 52-week low of $1.48, and -54.12% from its 52-week high of $7.76.
As of Apr 24, 2024, there are 37.13M shares of VERI outstanding. The market cap of VERI is $132.19M. In the last 24 hours, 987,228 VERI shares were traded.
How to Buy Veritone Stock
Wondering how to invest in Veritone stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
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.
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
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.
Using relative valuations measures:
- VERI could be undervalued based on its P/B ratio of 3.47x, relative to Software - Infrastructure industry P/B ratio of 11.8x
You can do additional valuation analysis on VERI's stock here.
Is VERI a healthy company?
Passed Financial Due Diligence Checks:
- VERI has $79.44M in cash and short term investments. This is enough to cover its annual cash burn of $81.54M.
- There are more short-term assets than long-term liabilities on the VERI balance sheet.
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 81541000. It does not have sufficient cash and short-term investments to cover this.
- VERI has a relatively high debt to equity ratio of 8.85.
- Total VERI debt is higher than 5 years ago, relative to shareholder equity.
- VERI profit margin has gone down from -17.1% to -46% in the past year.
Is it a good time to buy Veritone stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who give forecasts on VERI, the consensus analyst rating on Veritone is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Veritone stock forecast page.
VERI Trading Indicators
VERI Performance Numbers
Last year, VERI revenue was $127.56M. During the last 5 year, VERI's revenue has gone up by 36.37% per year. This was faster than the Software - Infrastructure industry average of 17.1%.
Dive into VERI's earnings and revenue performance here.
Latest Insiders Trades at VERI
In the past year, insiders at VERI have bought more shares than they have sold.
Ryan Steelberg, PRESIDENT AND CEO of VERI, was the latest VERI insider to sell. They sold $79,705.08 worth of VERI stock on Apr 17, 2024.
Get more info about who owns VERI shares here.
Can I rely on VERI as an income stream?
No, Veritone doesn't provide an income stream by paying out dividends.
What others are saying about VERI
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your VERI buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Monitor your VERI investment
Now that you own some shares in VERI, you'll want to keep up with your new company.
Start a watchlist to track the most important metrics related to your VERI stock.
VERI Feed
How to Buy Stock in Veritone
To summarize, here are the 6 steps to buy stock in Veritone:
- Decide where to buy Veritone stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Veritone stock
- Make your VERI buy order
- Monitor your VERI investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Veritone, click below.
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