Prediction: 1 Unstoppable Stock to Buy Before It Soars 337%, According to a Certain Wall Street Analyst | The Motley Fool

Investors have become increasingly selective while investing in artificial intelligence (AI)-powered stocks. Instead of companies with just an AI strategy, they are putting capital into businesses with monetizable AI technologies. One such lesser-known AI player is Veritone ( VERI +1.62%), a company focused on transforming massive amounts of unstructured audio, video, image, and text data into high-quality, searchable, model-ready data that is machine-readable and can be monetized. Image source: Getty Images. The business is powered by its proprietary AI operating system, aiWARE, which tokenizes (converts into machine-readable units) video and audio, the fastest-growing segment of unstructured data, at an unprecedented scale. These tokenized data sets are used to power the company's own applications, as well as client applications, across enterprise and public sector use cases. On top of this core platform, Veritone's Data Refinery (VDR) converts raw, unstructured data across media formats into high-quality, tokenized datasets, which can be used to train and fine-tune advanced AI models. D. Boral Capital analyst Jason Kolbert has recognized the company's growth potential and has set a target price of $23 for the stock. This implies an upside potential of over 337% (as of Dec. 16). Here's why there remains a fair chance of the company hitting this seemingly outlandish target in 2026. Robust deal flow Unlike many high-growth AI companies with technologies in the pilot stage, Veritone's aiWARE platform is already tokenizing unstructured data for use across enterprises and government applications. In its fiscal 2025's third quarter (ended Sept. 30), the company signed 27 commercial agreements, including Walt Disney's ESPN, the National Collegiate Athletic Association (NCAA), and Newsmax - and it also expanded its relationship with Paramount Skydance 's CBS. Veritone is helping these media organizations unlock value and monetize their massive data archives. NASDAQ: VERI Key Data Points Veritone is also seeing robust public-sector adoption of its technology. The company closed 82 contracts across federal, state, and local agencies, including 30 new agencies in the third quarter. It's deploying its solutions for law enforcement, defense, and civil agencies. Public sector AI deployments can be more durable, as agencies tend to favor trusted vendors with proven security, compliance, and operational reliability. Subsequently, the company exited the third quarter with a public sector pipeline worth $218 million, nearly double the amount from the same quarter in the prior year. Veritone has entered into a partnership with another computing specialist, Armada , to develop an edge-to-enterprise data fabric system for processing high volumes of multimodal data from remote locations closer to where it is generated. This deal can expand the company's addressable market beyond traditional cloud-based deployments. Veritone Data Refinery While aiWARE platform provides a secure and scalable foundation, VDR is increasingly being considered the company's prominent growth catalyst, positioning the company to benefit significantly from the fast-growing AI training data market. Grand View Research estimates the global AI training dataset market will grow from $3.19 billion in 2025 to $16.32 billion by 2033. AI model developers are increasingly opting for high-quality, proprietary, and multimodal...

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