NASDAQ:PRSO Peraso (PRSO) Stock Price, News & Analysis → AI Bubble Now at Critical Mass (From Porter & Company) (Ad) Free PRSO Stock Alerts $1.56 +0.12 (+7.93%) (As of 01:57 PM ET) Add Compare Share Share Today's Range$1.40▼$1.6350-Day Range$1.38▼$6.5952-Week Range$1.23▼$52.80Volume292,330 shsAverage Volume310,770 shsMarket Capitalization$2.25 millionP/E RatioN/ADividend YieldN/APrice Target$40.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Peraso alerts: Email Address Peraso MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2,497.4% Upside$40.00 Price TargetShort InterestBearish22.99% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.81Based on 11 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($3.90) to ($4.30) Per ShareSee Full Details Hide Full Details 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.2.27 out of 5 stars 3.5 Analyst's Opinion Consensus RatingPeraso 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, Peraso has a forecasted upside of 2,497.4% from its current price of $1.54.Amount of Analyst CoveragePeraso has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted22.99% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently increased by 57.46%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPeraso does not currently pay a dividend.Dividend GrowthPeraso does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRSO. Previous Next 3.2 News and Social Media Coverage News SentimentPeraso has a news sentiment score of 0.81. 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 is a higher news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Peraso this week, compared to 1 article on an average week.Search InterestOnly 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 Follows4 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Peraso insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.30% of the stock of Peraso is held by insiders.Percentage Held by Institutions77.60% of the stock of Peraso is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Peraso are expected to decrease in the coming year, from ($3.90) to ($4.30) per share.Price to Earnings Ratio vs. the MarketThe 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. SectorThe 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 RatioPeraso has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.Simply click here now to read The Big AI Die-Up. 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.Read More PRSO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRSO Stock News HeadlinesMarch 28, 2024 | investing.comPeraso debuts wireless tactical comms platform for defense sectorMarch 26, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces mmWave Platform For Stealthy Tactical CommunicationsMarch 28, 2024 | Porter & Company (Ad)AI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.March 26, 2024 | finance.yahoo.comPeraso Announces mmWave Platform For Stealthy Tactical CommunicationsMarch 23, 2024 | americanbankingnews.comK LIU & Analysts Raise Earnings Estimates for Peraso Inc. (NASDAQ:PRSO)March 22, 2024 | americanbankingnews.comPeraso Inc. Forecasted to Earn Q1 2025 Earnings of ($1.14) Per Share (NASDAQ:PRSO)March 20, 2024 | seekingalpha.comPeraso Inc. (PRSO) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | markets.businessinsider.comPeraso, Inc.: Strong Buy Rating on Sustained Growth and Positive Prospects Amidst Revenue DipMarch 28, 2024 | Porter & Company (Ad)AI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.March 19, 2024 | finance.yahoo.comPeraso Inc. (NASDAQ:PRSO) Q4 2023 Earnings Call TranscriptMarch 18, 2024 | investorplace.comPRSO Stock Earnings: Peraso Misses EPS, Beats Revenue for Q4 2023March 18, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces Fourth Quarter and Full Year 2023 ResultsMarch 18, 2024 | msn.comPeraso Non-GAAP EPS of -$8.52 misses by $4.41, revenue of $1.8M beats by $0.1MMarch 18, 2024 | benzinga.comPeraso: Q4 Earnings InsightsMarch 14, 2024 | finanznachrichten.dePeraso, Inc.: Miliwave Announces New Fixed Wireless Products based on Peraso 60 GHz mmWave TechnologyMarch 13, 2024 | finanznachrichten.dePeraso, Inc.: Peraso to Announce Fourth Quarter and Full Year 2023 Financial ResultsFebruary 27, 2024 | finanznachrichten.dePeraso, Inc.: Peraso to Attend and Participate at WISPAMERICA OKCFebruary 20, 2024 | finance.yahoo.comPeraso Announces EtherWave - a Driverless Solution for Android Mobile PlatformsFebruary 13, 2024 | finanznachrichten.dePeraso, Inc.: Peraso mmWAVE Enables High Speed Train-to-Station Communication on Chinese Rail SystemFebruary 13, 2024 | finance.yahoo.comPeraso mmWAVE Enables High Speed Train-to-Station Communication on Chinese Rail SystemFebruary 10, 2024 | msn.comPeraso Announces Pricing and Closing of OfferingFebruary 10, 2024 | markets.businessinsider.comPeraso Inc. Secures Funding Through Public OfferingFebruary 8, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces Closing of $4.172 Million Underwritten Public Offering, Including Partial Exercise of Overallotment OptionFebruary 8, 2024 | finance.yahoo.comPeraso Announces Closing of $4.172 Million Underwritten Public Offering, Including Partial Exercise of Overallotment OptionFebruary 6, 2024 | msn.comWhy Peraso (PRSO) Stock Is NosedivingFebruary 6, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces Pricing of $4 Million Underwritten Public OfferingFebruary 6, 2024 | msn.comDocuSign Layoffs 2024: What to Know About the Latest DOCU Job CutsSee More Headlines Receive PRSO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Peraso and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today3/28/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:PRSO CUSIPN/A CIK890394 Webwww.mosys.com Phone(408) 418-7500Fax408-418-7501Employees73Year FoundedN/APrice Target and Rating Average Stock Price Target$40.00 High Stock Price Target$40.00 Low Stock Price Target$40.00 Potential Upside/Downside+2,658.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($26.08) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-16,800,000.00 Net Margins-122.15% Pretax Margin-142.05% Return on Equity-144.29% Return on Assets-97.54% Debt Debt-to-Equity RatioN/A Current Ratio2.77 Quick Ratio1.23 Sales & Book Value Annual Sales$13.75 million Price / Sales0.15 Cash FlowN/A Price / Cash FlowN/A Book Value$26.11 per share Price / Book0.06Miscellaneous Outstanding Shares1,440,000Free Float1,365,000Market Cap$2.09 million OptionableOptionable Beta1.84 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Ronald Glibbery (Age 62)CEO & Director Comp: $400kMr. James W. Sullivan (Age 56)Chief Financial Officer Comp: $305kMr. Bradley Lynch (Age 51)Chief Operating Officer Comp: $275kMr. Alexander Tomkins (Age 40)Founder & CTO Comp: $197.93kMr. Mark A. Lunsford (Age 66)Chief Revenue Officer Key CompetitorsRecruiter.com GroupNASDAQ:RCRTCode Chain New ContinentNASDAQ:CCNCStaffing 360 SolutionsNASDAQ:STAFSaverOne 2014NASDAQ:SVREEBETNASDAQ:EBETView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 187,583 shares on 3/11/2024Ownership: 13.027%Vanguard Group Inc.Bought 187,583 shares on 2/15/2024Ownership: 24.650%Ian McwalterBought 1,250 shares on 6/8/2023Total: $32,000.00 ($25.60/share)View All Insider TransactionsView 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 year. 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 Wall Street research analysts have issued 1-year target prices for Peraso's shares. Their PRSO share price targets range from $40.00 to $40.00. On average, they anticipate the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 2,497.4% 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 start of the year. Since then, PRSO shares have decreased by 86.2% and is now trading at $1.54. View the best growth stocks for 2024 here. Are investors shorting Peraso? Peraso saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 147,700 shares, an increase of 57.5% from the February 29th total of 93,800 shares. Based on an average trading volume of 287,300 shares, the short-interest ratio is presently 0.5 days. Currently, 23.0% of the company's shares are short sold. View Peraso's Short Interest. 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 earnings results on Monday, March, 18th. The company reported ($3.76) earnings per share for the quarter, missing the consensus estimate of ($3.41) by $0.35. The company 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 144.29%. During the same quarter in the previous year, the firm earned ($8.00) earnings per share. When did Peraso's stock split? Peraso shares 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 market closes 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 earnings per share 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. Who are Peraso's major shareholders? Peraso's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (13.03%), Vanguard Group Inc. (24.65%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ian Mcwalter and Robert Y Iv Newell. View institutional ownership trends. 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchForget Bitcoin. 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