Veritone (NASDAQ:VERI – Get Rating) and Adit EdTech Acquisition (NYSE:ADEX – Get Rating) are both small-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.
Earnings & Valuation
This table compares Veritone and Adit EdTech Acquisition’s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Veritone | $149.73 million | 1.04 | -$25.56 million | ($1.23) | -3.46 |
| Adit EdTech Acquisition | N/A | N/A | $4.83 million | N/A | N/A |
Adit EdTech Acquisition has lower revenue, but higher earnings than Veritone.
Volatility & Risk
Institutional and Insider Ownership
44.3% of Veritone shares are held by institutional investors. Comparatively, 76.3% of Adit EdTech Acquisition shares are held by institutional investors. 27.2% of Veritone shares are held by insiders. Comparatively, 0.1% of Adit EdTech Acquisition shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares Veritone and Adit EdTech Acquisition’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Veritone | -21.07% | -62.07% | -9.81% |
| Adit EdTech Acquisition | N/A | -34.79% | 2.25% |
Analyst Recommendations
This is a breakdown of recent ratings and recommmendations for Veritone and Adit EdTech Acquisition, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Veritone | 1 | 0 | 1 | 0 | 2.00 |
| Adit EdTech Acquisition | 0 | 0 | 0 | 0 | N/A |
Veritone currently has a consensus target price of $9.33, indicating a potential upside of 119.09%. Given Veritone’s higher possible upside, analysts plainly believe Veritone is more favorable than Adit EdTech Acquisition.
About Veritone
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. It operates through the following segments: Advertising, aiWARE SaaS Solutions, and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners, such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force. The company was founded by Chad Edward Steelberg and Ryan S. Steelberg on June 13, 2014 and is headquartered in Denver, CO.
About Adit EdTech Acquisition
Adit EdTech Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
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