D. Boral Capital Maintains Veritone (VERI) Buy Recommendation

On November 7, 2025, D. Boral Capital maintained a Buy recommendation for Veritone (VERI), with an average one-year price target of $10.81/share as of October 30, 2025, suggesting an 89.35% upside from its latest reported closing price of $5.71. The company projects annual revenue of $189MM, a 92.87% increase, and non-GAAP EPS of $0.02. Despite a slight decrease in the number of institutional owners, total institutional shares held increased by 22.59%, and a put/call ratio of 0.26 indicates a bullish sentiment among investors.

Analysis

D. Boral Capital maintained a Buy recommendation for Veritone (VERI) on November 7, 2025, with an average one-year price target of $10.81/share as of October 30, 2025. This target implies a significant 89.35% upside from the latest closing price of $5.71, indicating strong analyst conviction despite a wide forecast range.

Veritone projects robust financial growth, with annual revenue expected to reach $189 million, representing a substantial 92.87% year-over-year increase. The company also forecasts a positive non-GAAP EPS of $0.02, signaling a move towards profitability and supporting the bullish analyst outlook.

Institutional interest in VERI shows a net positive trend in holdings, with total shares owned increasing by 22.59% to 8,899K over the last three months, and the average portfolio weight rising by 29.13%. This is despite a 5.32% decrease in the number of reporting funds, and a bullish 0.26 put/call ratio further reinforces positive sentiment. However, individual institutional actions are mixed, with some major holders like Private Management Group decreasing allocation, while others like Connective Capital Management initiated new positions.

Key Decisions for Investors

• Consider Veritone (VERI) for potential capital appreciation, supported by D. Boral Capital's Buy rating and an average price target implying 89.35% upside.
• Monitor the company's execution on its robust financial projections, specifically the 92.87% revenue growth to $189MM and achieving positive non-GAAP EPS of $0.02.
• Evaluate the nuanced institutional ownership trends, noting the overall increase in shares held alongside some major funds decreasing their portfolio allocation to VERI.
• Acknowledge the bullish 0.26 put/call ratio as a positive sentiment indicator, but factor in the wide analyst price target range ($3.03-$26.25) which suggests potential volatility.