VerifyMe Announces New CFO Appointment

VerifyMe ( (VRME) ) has shared an announcement.

On May 6, 2025, VerifyMe, Inc. announced the upcoming retirement of Nancy Meyers from her role as Executive Vice President and Chief Financial Officer, effective July 7, 2025. Her departure is not due to any disagreements with the company. Jennifer Cola, with extensive experience in public company accounting and finance, will be appointed as the new Chief Financial Officer upon Meyers’ retirement. Cola will initially serve as Vice President of Finance starting May 19, 2025, with a compensation package that includes an annual salary and restricted stock units. The Compensation Committee also approved a bonus structure for the Chief Financial Officer and Chief Executive Officer, with the bonuses tied to the company’s Adjusted EBITDA performance goals.

The most recent analyst rating on (VRME) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on VerifyMe stock, see the VRME Stock Forecast page.

Spark’s Take on VRME Stock

According to Spark, TipRanks’ AI Analyst, VRME is a Neutral.

VerifyMe’s stock score reflects its financial struggles, marked by consistent net losses and negative margins. While there are some positive developments, such as improved gross margins and debt reduction, these are overshadowed by revenue declines and operational challenges. The technical analysis indicates a neutral trend, and the stock’s valuation remains unattractive due to its negative P/E ratio. The mixed sentiment from the earnings call, coupled with the absence of forward guidance, adds to the uncertainty surrounding the company’s future prospects.

To see Spark’s full report on VRME stock, click here.

More about VerifyMe

Average Trading Volume: 277,686

Technical Sentiment Signal: Strong Sell

Current Market Cap: $9.45M

Find detailed analytics on VRME stock on TipRanks’ Stock Analysis page.