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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:PERI

Perion Network (PERI) Stock Price, News & Analysis

$10.98
-0.31 (-2.75%)
(As of 04/19/2024 ET)
Today's Range
$10.91
$11.22
50-Day Range
$10.98
$23.83
52-Week Range
$10.91
$38.78
Volume
1.48 million shs
Average Volume
867,122 shs
Market Capitalization
$526.94 million
P/E Ratio
4.69
Dividend Yield
N/A
Price Target
$25.80

Perion Network MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
135.0% Upside
$25.80 Price Target
Short Interest
Healthy
4.25% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Perion Network in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.72%
From $1.45 to $1.62 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.

4.17 out of 5 stars

Computer And Technology Sector

152nd out of 585 stocks

Custom Computer Programming Services Industry

8th out of 23 stocks

PERI stock logo

About Perion Network Stock (NASDAQ:PERI)

Perion Network Ltd. is a leading Israel-based technology company specializing in digital advertising products and services. With a mission to empower businesses with practical and innovative advertising solutions, Perion helps clients optimize their digital marketing efforts and maximize revenue generation. This stock profile explores Perion's operations, financial performance, market position, growth opportunities, and potential risks and challenges.

Perion Network Ltd. is headquartered in Holon, Israel, with a global presence through offices in Tel Aviv, Paris, New York, London, Chicago, Boston, Kyiv, Barcelona, and Seattle. The company is dedicated to enabling businesses to reach and engage their target audiences through a comprehensive suite of digital advertising solutions.

Perion offers diverse products and services designed to enhance digital advertising campaigns. This includes programmatic advertising platforms, data-driven solutions, video advertising technologies, and monetization tools for publishers. Perion serves various industries, including e-commerce, media, gaming, and more, helping clients navigate the dynamic digital advertising landscape.

Perion Network Ltd. boasts a competent and experienced management team. The team is led by Chief Executive Officer Doron Gerstel and is committed to driving growth, innovation, and operational excellence. Gerstel, with his successful track record in leading technology companies, has been instrumental in implementing initiatives to improve efficiency and expand the company's digital advertising business.

Perion Network Ltd. has demonstrated a solid financial performance in recent years. The company has reported increased revenue and income. These figures reflect Perion's ability to generate substantial revenue and maintain healthy profit margins. The company exhibits efficient operational management with a net profit margin of over 15%. Additionally, Perion's return on equity is around 20%, indicating effective utilization of shareholder funds.

When assessing Perion Network Ltd'.s valuation metrics, the company appears to be attractively priced relative to industry peers. The price-to-sales ratio suggests a reasonable valuation based on revenue generation. These metrics, combined with a consensus rating of "Moderate Buy," reflect positive sentiment among investors.

Perion Network Ltd.'s stock performance has witnessed notable movements and fluctuations. Investors should closely monitor market conditions and key events impacting the stock's performance. 

Perion Network Ltd. operates in the computer and technology sector, specifically in digital advertising. This industry is characterized by rapid technological advancements, evolving consumer behavior, and intense competition. Perion competes with other players in the custom computer programming services sector, offering unique digital advertising solutions to gain a competitive edge.

Perion maintains a competitive advantage by leveraging its expertise in programmatic advertising, data-driven strategies, and video advertising technologies. The company's broad range of products and services positions it well to serve diverse customer needs, enabling it to differentiate itself within the industry.

Perion Network Ltd. has identified several growth opportunities in the digital advertising landscape. The company aims to expand its product offerings, develop data-driven advertising solutions and explore new markets and strategic partnerships. Perion's acquisition strategy has played a crucial role in fueling growth, enabling the integration of complementary technologies, and expanding its customer base.

While Perion Network Ltd. has displayed strong performance and strategic positioning, the company faces inherent risks and challenges. It is essential to assess these factors to make informed investment decisions.

The digital advertising industry is highly influenced by changing consumer preferences, behaviors, and expectations. Perion must stay abreast of emerging trends and adapt its products and services accordingly to remain relevant in a rapidly evolving landscape.

The digital advertising industry is subject to regulatory scrutiny concerning data privacy and user consent. Adhering to evolving regulations and maintaining compliance with data protection laws is crucial for Perion to avoid legal issues and protect its reputation.

The digital advertising market is fiercely competitive, with numerous players vying for market share. Perion faces competition from both established companies and emerging startups. To sustain growth, Perion must continually innovate, differentiate its offerings and effectively market its solutions to stand out in a crowded marketplace.

Technology is a fundamental driver of the digital advertising industry. Perion must stay ahead of technological advancements and invest in research and development to offer cutting-edge solutions. Failure to adapt to technological disruptions could render Perion's products and services obsolete.

Economic fluctuations can impact advertising budgets and spending, affecting Perion's revenue streams. During economic downturns, businesses may reduce advertising expenditures, posing a risk to Perion's financial performance. Mitigating this risk requires diversifying the client base across industries and geographies.

The digital advertising industry is highly competitive for talent, particularly in technical roles. Perion must attract and retain skilled professionals with expertise in areas such as data analytics, programmatic advertising, and artificial intelligence to maintain its competitive advantage.

Perion keeps a close eye on market trends, consumer behavior, and regulatory changes to proactively adjust its offerings and strategies accordingly. This allows the company to adapt swiftly to changing industry dynamics.

Perion seeks to diversify its customer base across industries and geographies to mitigate the impact of economic fluctuations. The company reduces its dependency on any single sector or market by serving a broad range of clients.

Perion prioritizes research and development efforts to stay at the forefront of technological advancements. By investing in cutting-edge technologies and embracing industry best practices, Perion aims to maintain its competitive edge.

Perion strategically collaborates with industry partners and pursues acquisitions that align with its growth objectives. These partnerships and acquisitions provide access to new markets, technologies, and customer segments, expanding Perion's competitive advantage.

PERI Stock Price History

PERI Stock News Headlines

Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
The Big Bet: 3 Stocks That Could Turn $1K into $10K
Perion Network (NASDAQ:PERI) Sets New 1-Year Low at $12.03
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:PERI
Previous Symbol
NASDAQ:MAIL
Employees
440
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.80
High Stock Price Target
$45.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+135.0%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$117.41 million
Pretax Margin
18.53%

Debt

Sales & Book Value

Annual Sales
$743.16 million
Cash Flow
$3.25 per share
Book Value
$14.96 per share

Miscellaneous

Free Float
46,657,000
Market Cap
$526.94 million
Optionable
Optionable
Beta
1.24
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Key Executives

  • Mr. Tal Jacobson (Age 48)
    CEO & Director
    Comp: $1.28M
  • Mr. Maoz Sigron (Age 46)
    Chief Financial Officer
    Comp: $928k
  • Mr. Gal Dagan (Age 40)
    Co-Founder of Vidazoo
    Comp: $759k
  • Mr. Daniel E. Aks (Age 63)
    President of Undertone
    Comp: $1.17M
  • Mr. Yosi Botzer
    Chief Technology Officer
  • Rami Rozen
    Vice President of Investor Relations
  • Ms. Adi Zackai Mates
    Vice President of Human Resource
  • Mr. Ran Cohen (Age 53)
    Chief Strategy Officer
    Comp: $234k
  • Mr. Daniel Slivkin (Age 40)
    Co-Founder of Vidazoo
  • Mr. Kenny Lau
    Chief Product Officer of Advertiser Solutions

PERI Stock Analysis - Frequently Asked Questions

Should I buy or sell Perion Network stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PERI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PERI, but not buy additional shares or sell existing shares.
View PERI analyst ratings
or view top-rated stocks.

What is Perion Network's stock price target for 2024?

7 Wall Street research analysts have issued 1 year price targets for Perion Network's shares. Their PERI share price targets range from $13.00 to $45.00. On average, they expect the company's share price to reach $25.80 in the next twelve months. This suggests a possible upside of 135.0% from the stock's current price.
View analysts price targets for PERI
or view top-rated stocks among Wall Street analysts.

How have PERI shares performed in 2024?

Perion Network's stock was trading at $30.87 at the beginning of 2024. Since then, PERI shares have decreased by 64.4% and is now trading at $10.98.
View the best growth stocks for 2024 here
.

When is Perion Network's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our PERI earnings forecast
.

How can I listen to Perion Network's earnings call?

Perion Network will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Perion Network's earnings last quarter?

Perion Network Ltd. (NASDAQ:PERI) released its quarterly earnings results on Wednesday, February, 7th. The technology company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.93 by $0.11. The technology company had revenue of $234.23 million for the quarter, compared to analyst estimates of $233.09 million. Perion Network had a net margin of 15.80% and a trailing twelve-month return on equity of 23.06%. The business's revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.84 earnings per share.

What ETFs hold Perion Network's stock?
When did Perion Network's stock split?

Perion Network's stock reverse split on the morning of Monday, August 27th 2018. The 1-3 reverse split was announced on Thursday, August 23rd 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 24th 2018. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

What guidance has Perion Network issued on next quarter's earnings?

Perion Network issued an update on its first quarter 2024 earnings guidance on Monday, April, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $157.0 million-$157.0 million, compared to the consensus revenue estimate of $175.5 million.

What is Doron Gerstel's approval rating as Perion Network's CEO?

7 employees have rated Perion Network Chief Executive Officer Doron Gerstel on Glassdoor.com. Doron Gerstel has an approval rating of 61% among the company's employees. This puts Doron Gerstel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Perion Network own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Perion Network investors own include NVIDIA (NVDA), Tesla (TSLA), DexCom (DXCM), Digital Turbine (APPS), Gilead Sciences (GILD), ServiceNow (NOW), Zynga (ZNGA), Walt Disney (DIS), Enphase Energy (ENPH) and Inovio Pharmaceuticals (INO).

Who are Perion Network's major shareholders?

Perion Network's stock is owned by a variety of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.02%) and Lifestyle Asset Management Inc. (0.02%).

How do I buy shares of Perion Network?

Shares of PERI 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:PERI) was last updated on 4/19/2024 by MarketBeat.com Staff

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