Should I buy or sell Peraso stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peraso in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRSO shares. View PRSO analyst ratings or view top-rated stocks .

What is Peraso's stock price target for 2024?

1 brokerages have issued twelve-month price targets for Peraso's stock. Their PRSO share price targets range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 2,602.7% from the stock's current price. View analysts price targets for PRSO or view top-rated stocks among Wall Street analysts .

How have PRSO shares performed in 2024?

Peraso's stock was trading at $11.1840 at the beginning of 2024. Since then, PRSO shares have decreased by 86.8% and is now trading at $1.48. View the best growth stocks for 2024 here .

When is Peraso's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our PRSO earnings forecast .

How were Peraso's earnings last quarter?

Peraso Inc. (NASDAQ:PRSO) released its quarterly earnings data on Monday, March, 18th. The company reported ($3.76) earnings per share for the quarter, missing analysts' consensus estimates of ($3.41) by $0.35. The firm had revenue of $1.83 million for the quarter, compared to analyst estimates of $1.70 million. Peraso had a negative net margin of 122.15% and a negative trailing twelve-month return on equity of 172.90%. During the same period last year, the firm posted ($8.00) earnings per share.

When did Peraso's stock split?

Peraso's stock reverse split on the morning of Wednesday, January 3rd 2024. The 1-40 reverse split was announced on Wednesday, January 3rd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, January 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

What guidance has Peraso issued on next quarter's earnings?

Peraso updated its first quarter 2024 earnings guidance on Monday, March, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.6 million-$2.9 million, compared to the consensus revenue estimate of $3.7 million.

How do I buy shares of Peraso?

Shares of PRSO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PRSO

Peraso (PRSO) Stock Price, News & Analysis

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Free PRSO Stock Alerts

$1.48

-0.08 (-5.13%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.40
▼
$1.58
50-Day Range: $1.27
▼
$2.04
52-Week Range: $1.23
▼
$52.80

Volume: 457,205 shs
Average Volume: 1.12 million shs
Market Capitalization: $2.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $40.00

Get Peraso alerts:

Peraso MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 2,602.7% Upside
$40.00 Price Target
Short Interest: Healthy
20.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.47
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($3.90) to ($4.30) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Peraso has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Peraso has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
20.69% of the float of Peraso has been sold short.
Short Interest Ratio / Days to Cover
Peraso has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Peraso has recently decreased by 10.02%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Peraso does not currently pay a dividend.
Dividend Growth
Peraso does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRSO.

2.5

News and Social Media Coverage

News Sentiment
Peraso has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Peraso this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for PRSO on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
3 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Peraso insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.30% of the stock of Peraso is held by insiders.
Percentage Held by Institutions
77.60% of the stock of Peraso is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Peraso are expected to decrease in the coming year, from ($3.90) to ($4.30) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Peraso is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Peraso is -0.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Peraso has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Peraso Stock (NASDAQ:PRSO)

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.

PRSO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRSO Stock News Headlines

April 18, 2024 | finance.yahoo.com

Peraso Inc. (PRSO)

April 16, 2024 | investorplace.com

Why Is Peraso (PRSO) Stock Up 53% Today?

April 19, 2024 | InvestorPlace (Ad)

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April 16, 2024 | finanznachrichten.de

Peraso, Inc.: Panasonic Introduces New mmWave Wi-Fi Solution Utilizing Peraso's X710 Chipset Technology

April 13, 2024 | morningstar.com

Peraso Inc Ordinary Shares

April 13, 2024 | americanbankingnews.com

Peraso (NASDAQ:PRSO) Shares Down 7.9%

April 5, 2024 | finance.yahoo.com

Peraso Inc. (PRSO) Interactive Stock Chart - Yahoo Finance

April 4, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Receives Additional EOL Purchase Order Totaling $2.88 Million

April 19, 2024 | InvestorPlace (Ad)

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March 28, 2024 | stockhouse.com

Peraso Announces mmWave Platform For Stealthy Tactical Communications

March 28, 2024 | investing.com

Peraso debuts wireless tactical comms platform for defense sector

March 26, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Announces mmWave Platform For Stealthy Tactical Communications

March 26, 2024 | finance.yahoo.com

Peraso Announces mmWave Platform For Stealthy Tactical Communications

March 20, 2024 | seekingalpha.com

Peraso Inc. (PRSO) Q4 2023 Earnings Call Transcript

March 19, 2024 | markets.businessinsider.com

Peraso, Inc.: Strong Buy Rating on Sustained Growth and Positive Prospects Amidst Revenue Dip

March 19, 2024 | finance.yahoo.com

Peraso Inc. (NASDAQ:PRSO) Q4 2023 Earnings Call Transcript

March 18, 2024 | investorplace.com

PRSO Stock Earnings: Peraso Misses EPS, Beats Revenue for Q4 2023

March 18, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Announces Fourth Quarter and Full Year 2023 Results

March 18, 2024 | msn.com

Peraso Non-GAAP EPS of -$8.52 misses by $4.41, revenue of $1.8M beats by $0.1M

March 18, 2024 | benzinga.com

Peraso: Q4 Earnings Insights

March 14, 2024 | finanznachrichten.de

Peraso, Inc.: Miliwave Announces New Fixed Wireless Products based on Peraso 60 GHz mmWave Technology

March 13, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso to Announce Fourth Quarter and Full Year 2023 Financial Results

February 27, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso to Attend and Participate at WISPAMERICA OKC

February 20, 2024 | finance.yahoo.com

Peraso Announces EtherWave - a Driverless Solution for Android Mobile Platforms

February 13, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso mmWAVE Enables High Speed Train-to-Station Communication on Chinese Rail System

February 13, 2024 | finance.yahoo.com

Peraso mmWAVE Enables High Speed Train-to-Station Communication on Chinese Rail System

February 10, 2024 | msn.com

Peraso Announces Pricing and Closing of Offering

See More Headlines

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Company Calendar

Last Earnings: 3/18/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NASDAQ:PRSO
CUSIP: N/A
CIK: 890394
Web: www.mosys.com
Phone: (408) 418-7500
Fax: 408-418-7501
Employees: 48
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $40.00
High Stock Price Target: $40.00
Low Stock Price Target: $40.00
Potential Upside/Downside: +2,602.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($26.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-16,800,000.00
Net Margins: -122.15%
Pretax Margin: -122.15%
Return on Equity: -172.90%
Return on Assets: -108.39%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 1.22
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $13.75 million
Price / Sales: 0.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.36 per share
Price / Book: 0.28

Miscellaneous

Outstanding Shares: 1,441,000
Free Float: 1,365,000
Market Cap: $2.13 million
Optionable: Optionable
Beta: 1.84

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Key Executives

Mr. Ronald Glibbery (Age 62)
Co-Founder, CEO & Director
Comp: $400k
Mr. James W. Sullivan (Age 56)
Chief Financial Officer
Comp: $305k
Mr. Bradley Lynch (Age 51)
Chief Operating Officer
Comp: $275k
Mr. Alexander Tomkins (Age 40)
Co-Founder & CTO
Comp: $197.93k
Mr. Mark A. Lunsford (Age 66)
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRSO Stock Analysis - Frequently Asked Questions

Should I buy or sell Peraso stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Peraso in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRSO shares.
View PRSO analyst ratings or view top-rated stocks.
What is Peraso's stock price target for 2024?: 1 brokerages have issued twelve-month price targets for Peraso's stock. Their PRSO share price targets range from $40.00 to $40.00. On average, they predict the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 2,602.7% from the stock's current price.
View analysts price targets for PRSO or view top-rated stocks among Wall Street analysts.
How have PRSO shares performed in 2024?: Peraso's stock was trading at $11.1840 at the beginning of 2024. Since then, PRSO shares have decreased by 86.8% and is now trading at $1.48.
View the best growth stocks for 2024 here.
When is Peraso's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our PRSO earnings forecast.

How were Peraso's earnings last quarter?: Peraso Inc. (NASDAQ:PRSO) released its quarterly earnings data on Monday, March, 18th. The company reported ($3.76) earnings per share for the quarter, missing analysts' consensus estimates of ($3.41) by $0.35. The firm had revenue of $1.83 million for the quarter, compared to analyst estimates of $1.70 million. Peraso had a negative net margin of 122.15% and a negative trailing twelve-month return on equity of 172.90%. During the same period last year, the firm posted ($8.00) earnings per share.
When did Peraso's stock split?: Peraso's stock reverse split on the morning of Wednesday, January 3rd 2024. The 1-40 reverse split was announced on Wednesday, January 3rd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, January 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.
What guidance has Peraso issued on next quarter's earnings?: Peraso updated its first quarter 2024 earnings guidance on Monday, March, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.6 million-$2.9 million, compared to the consensus revenue estimate of $3.7 million.
How do I buy shares of Peraso?: Shares of PRSO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRSO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Peraso (PRSO) Stock Price, News & Analysis

Peraso MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Peraso Stock (NASDAQ:PRSO)

PRSO Stock Price History

PRSO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PRSO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™