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We recently compiled a list of the Why These 15 AI Stocks Are Plunging So Far in 2025. In this article, we are going to take a look at where Veritone, Inc. (NASDAQ:VERI) stands against the other AI stocks.
Investors have been turning sour on the AI industry. Many have expected AI stocks to decline for the past two years, but that did not turn out to be the case and AI companies proved bears wrong in each of the past eight or so quarters.
Microsoft has canceled its data center contracts and Trump’s tariff plans are increasingly complicating the AI narrative, especially for semiconductor companies that derive a good portion of their revenue from China.
Perhaps AI could prove the bears wrong again, but considering even Nvidia’s recent earnings beat failed to overpower the cautiousness investors now have about AI, it is worth looking into some bearish arguments.
A good way to do that is by looking into AI stocks that have corrected the most so far this year. The AI industry is quite broad and you’ll be able to gain useful insight into some major AI sectors and their challengers if you look into why these stocks have been declining.
Methodology
For this article, I screened the worst-performing AI stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A professional giving a keynote address around the potentials of AI models for businesses.
Veritone, Inc. (NASDAQ:VERI)
Number of Hedge Fund Holders In Q4 2024: 5
Veritone, Inc. (NASDAQ:VERI) is a tech company that specializes in AI. It has an aiWARE platform that can transform unstructured data to make them more digestible for its clients.
The stock is down significantly so far in 2025 after it reported declining revenues and widening losses in its Q3 2024 results. The company posted $21.7 million in net losses and a gross profit margin decline.
It also has had a high historical volatility and hasn’t been anywhere near profitable. Veritone is also dilutive as it raised $20.3 million recently.
The consensus price target of $4.06 implies 47.73% upside.
Veritone, Inc. (NASDAQ:VERI) is down 16.31% year-to-date.