VERI
The setup
Veritone just got another vote of confidence from D. Boral Capital, which reiterated a Buy rating and stuck an $8 price target on the name. That’s a pretty spicy call when the stock was last trading around $2.28 — basically the market is saying “show me,” while the analyst is waving both arms from the balcony.
Why it matters
This isn’t a brand-new thesis, but it does keep VERI on the list of “maybe this one has more room to run than the market thinks.” The catch: analyst opinions on the stock are still all over the map. MarketBeat notes three Buy ratings, one Hold, and one Sell, which leaves the overall consensus at Hold. Translation: Wall Street is not exactly in choir practice here.
The numbers game
HC Wainwright recently reaffirmed a $9 target, so D. Boral isn’t out on an island. But the broader message is that even with Veritone’s small $209 million market cap, negative earnings, and noisy sentiment, some analysts still think the upside case is alive.
Big picture
For investors, this is less “the verdict is in” and more “the debate is still very much happening.” If Veritone can keep narrowing losses and prove its AI/software story has real legs, these targets start to matter. If not, they’re just expensive optimism with a fancy letterhead.