Veritone Inc Dossier
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SectorInformation Technology IndustryApplication Software Beta (adjusted)1.87 Intrinsic Value No headline value published yetWe haven't published a headline intrinsic value for this company yet. Our data-reliability standards weren't met. Method estimates are shown for reference. Market Price $1.19Price as of 30 Sep 2026 Data confidence Sign in to view data confidence Market Cap $119.5M Enterprise Value $142.5M Shares Outstanding 107.8M diluted Next Earnings Date12 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Veritone, Inc. faces severe liquidity constraints and substantial doubt regarding its ability to continue as a going concern. The company is burdened by $45.6 million of 1.75% Convertible Senior Notes maturing in November 2026, with no committed refinancing in place. While the company has announced a major restructuring plan to cut operating expenses by up to 30% and reduce its workforce by at least 25%, its top-line performance remains under pressure, with Q1 2026 revenue declining 9.8% year-over-year to $20.3 million. Furthermore, a series of accounting errors and subsequent restatements of its 2025 financial statements have triggered multiple securities class action lawsuits, severely damaging investor confidence and corporate credibility. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$2.50 Mean target$6.83 High · most bullish analyst$10.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 19 Jun 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario Veritone is unable to refinance or repay its $45.6 million convertible notes maturing in November 2026, leading to default or restructuring under bankruptcy protection. The ongoing class action lawsuits result in significant legal liabilities, and customer churn accelerates due to going concern anxieties. Base CaseCentral scenario The company struggles to secure non-dilutive refinancing for its upcoming November 2026 convertible debt, forcing highly dilutive equity issuances or a debt restructuring. Operating cost reductions of 30% are executed but offset by continued declines in Managed Services and flat Software revenues, delaying the path to sustainable cash flow generation. Bull CaseUpside scenario Veritone's bull case centers on the accelerating demand for its Veritone Data Refinery (VDR) platform, which helps enterprises transform unstructured data into AI-ready assets. Multi-year strategic agreements with hyperscalers like Oracle (OCI) and Google Cloud expand its global distribution and speed up deployments. Additionally, aggressive cost-reduction initiatives and a cleaned-up balance sheet with reduced debt support a clear path to operating profitability by Q4 2026. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |