10 Best Small Cap AI Stocks to Buy According to Analysts

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1. Veritone Inc. (NASDAQ:VERI)

Number of Hedge Fund Holders: 6

Market Capitalization as of July 16: $80.47 million

Average Upside Potential as of July 16: 235.57%

Veritone Inc. (NASDAQ:VERI) is one of the best small cap AI stocks to buy according to analysts. As May was coming to an end, Veritone announced a multi-year agreement with the Riverside County Sheriff’s Office/RCSO.

The agreement involves the deployment of Veritone Redact software, which is a key component of its Intelligent Digital Evidence Management System (iDEMS) suite. The RCSO will use Veritone Redact to streamline the process of redacting sensitive information from audio, video, and image evidence.

Veritone is committed to AI for Good and aims to help agencies reduce manual redaction efforts.

Veritone Inc. (NASDAQ:VERI) provides AI computing solutions and services in the US, the UK, France, Australia, Israel, and India.

While we acknowledge the potential of VERI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VERI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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