Veritone Amends Credit Agreement and Increases Equity Plan

An announcement from Veritone ( (VERI) ) is now available.

On June 13, 2025, Veritone, Inc. amended its Credit and Guaranty Agreement to adjust the minimum Consolidated Liquidity requirements, issuing 253,744 shares of common stock to consenting lenders. This amendment reflects Veritone’s strategic financial adjustments and impacts its liquidity management, potentially affecting stakeholders’ interests. Additionally, Veritone’s Board authorized an increase in the number of shares under its 2023 Equity Incentive Plan, effective after the June 13, 2025 annual meeting, allowing for expanded equity awards to employees and affiliates. This move, along with the approved Charter Amendment to increase authorized shares, positions Veritone for potential growth and enhanced capital structure.

The most recent analyst rating on (VERI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Veritone stock, see the VERI Stock Forecast page.

Spark’s Take on VERI Stock

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

Veritone faces significant financial and operational challenges, reflected in its low financial performance and valuation scores. Technical indicators show bearish trends, adding further risk. While the earnings call revealed some positive strategic developments, these are overshadowed by the company’s ongoing revenue declines and profitability issues.

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

More about Veritone

Average Trading Volume: 543,687

Technical Sentiment Signal: Sell

Current Market Cap: $63.41M

For a thorough assessment of VERI stock, go to TipRanks’ Stock Analysis page.