Should I buy or sell Peraso stock right now?

1 Wall Street 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 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 analysts have issued 12-month price objectives for Peraso's shares. Their PRSO share price targets range from $1.00 to $1.00. On average, they anticipate the company's share price to reach $1.00 in the next year. This suggests a possible upside of 257.7% 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 2023?

Peraso's stock was trading at $0.73 at the beginning of the year. Since then, PRSO shares have decreased by 61.7% and is now trading at $0.2796. View the best growth stocks for 2023 here .

When is Peraso's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024. View our PRSO earnings forecast .

How were Peraso's earnings last quarter?

Peraso Inc. (NASDAQ:PRSO) issued its quarterly earnings data on Monday, November, 13th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.06. The firm had revenue of $4.48 million for the quarter, compared to the consensus estimate of $2.48 million. Peraso had a negative net margin of 142.05% and a negative trailing twelve-month return on equity of 110.29%.

When did Peraso's stock split?

Peraso shares reverse split on Wednesday, January 3rd 2024. The 1-40 reverse split was announced on Wednesday, January 3rd 2024. The number of shares owned by shareholders will be 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.

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

$0.28

+0.02 (+7.70%)

(As of 12/29/2023 ET)

Compare

Today's Range: $0.26
▼
$0.28
50-Day Range: $0.14
▼
$0.32
52-Week Range: $0.12
▼
$1.32

Volume: 442,345 shs
Average Volume: 360,983 shs
Market Capitalization: $8.51 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.00

Peraso MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 257.7% Upside
$1.00 Price Target
Short Interest: Healthy
2.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.10
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.51) to ($0.17) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 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.
Price Target Upside/Downside
According to analysts' consensus price target of $1.00, Peraso has a forecasted upside of 257.7% from its current price of $0.28.
Amount of Analyst Coverage
Peraso has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.45% 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 0.2, 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 38.98%, 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.

2.8

News and Social Media Coverage

News Sentiment
Peraso has a news sentiment score of 1.10. 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 0.72 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Peraso this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for PRSO on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.0

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
Only 13.53% of the stock of Peraso is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Peraso are expected to grow in the coming year, from ($0.51) to ($0.17) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Peraso is -0.27, 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 -0.27, 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 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

December 28, 2023 | finance.yahoo.com

Despite Fast-paced Momentum, Peraso (PRSO) Is Still a Bargain Stock

December 22, 2023 | americanbankingnews.com

Peraso (NASDAQ:PRSO) Shares Scheduled to Reverse Split on Wednesday, January 3rd

December 31, 2023 | MarketBeat Internal (Ad)

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December 21, 2023 | americanbankingnews.com

Kyocera (OTCMKTS:KYOCY) & Peraso (NASDAQ:PRSO) Head to Head Contrast

December 19, 2023 | finance.yahoo.com

Peraso Announces 1-for-40 Reverse Stock Split

December 12, 2023 | finanznachrichten.de

Peraso, Inc.: Peraso Announces New Customer Partnership Utilizing X130 Chipset

December 12, 2023 | finance.yahoo.com

Peraso Announces New Customer Partnership Utilizing X130 Chipset

November 16, 2023 | finance.yahoo.com

Peraso Inc. (NASDAQ:PRSO) Surges 53% Yet Its Low P/S Is No Reason For Excitement

December 31, 2023 | MarketBeat Internal (Ad)

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November 15, 2023 | finance.yahoo.com

Peraso Inc. (NASDAQ:PRSO) Q3 2023 Earnings Call Transcript

November 13, 2023 | finance.yahoo.com

Peraso Announces Third Quarter 2023 Results

November 12, 2023 | msn.com

Peraso Q3 2023 Earnings Preview

November 12, 2023 | markets.businessinsider.com

Here's what to expect from Peraso's earnings report

November 1, 2023 | finance.yahoo.com

Peraso to Announce Third Quarter 2023 Financial Results

October 5, 2023 | finance.yahoo.com

Peraso to Attend and Participate at WISPAPALOOZA '23

September 27, 2023 | finanznachrichten.de

Peraso, Inc.: Peraso, pSemi and Richardson RFPD Release Critical Details of 5G mmWave Fixed Wireless Access Solution

September 26, 2023 | finanznachrichten.de

Peraso, Inc.: Peraso Receives Initial EOL Purchase Orders Totaling $11.3 Million

September 26, 2023 | finance.yahoo.com

Peraso Receives Initial EOL Purchase Orders Totaling $11.3 Million

September 21, 2023 | finanznachrichten.de

Peraso, Inc.: Peraso to Attend and Showcase mmWave Solutions at MWC Las Vegas 2023

September 19, 2023 | finance.yahoo.com

Peraso to Attend and Showcase mmWave Solutions at MWC Las Vegas 2023

September 12, 2023 | finanznachrichten.de

Peraso, Inc.: Peraso To Participate in Panel Discussion at Wi-Fi World Congress North America 2023

September 12, 2023 | finance.yahoo.com

Peraso To Participate in Panel Discussion at Wi-Fi World Congress North America 2023

September 5, 2023 | finance.yahoo.com

Peraso Announces PRM2144X Release in PERSPECTUS mmWave Module Lineup

August 23, 2023 | finance.yahoo.com

Downgrade: What You Need To Know About The Latest Peraso Inc. (NASDAQ:PRSO) Forecasts

August 21, 2023 | msn.com

Benchmark Reiterates Peraso (PRSO) Speculative Buy Recommendation

August 21, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Peraso, Inc. (PRSO) and Palo Alto Networks (PANW)

August 14, 2023 | finance.yahoo.com

Peraso Announces Second Quarter 2023 Results and Provides Business Update

See More Headlines

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Company Calendar

Last Earnings: 11/13/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:PRSO
CUSIP: N/A
CIK: 890394
Web: www.mosys.com
Phone: (408) 418-7500
Fax: 408-418-7501
Employees: 73
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.00
High Stock Price Target: $1.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +257.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-32,400,000.00
Net Margins: -142.05%
Pretax Margin: -142.05%
Return on Equity: -110.29%
Return on Assets: -74.64%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.77
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $14.87 million
Price / Sales: 0.57
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.65 per share
Price / Book: 0.43

Miscellaneous

Outstanding Shares: 30,440,000
Free Float: 28,831,000
Market Cap: $8.51 million
Optionable: Optionable
Beta: 1.98

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Key Executives

Mr. Ronald Glibbery (Age 61)
CEO & Director
Comp: $400k
Mr. James W. Sullivan (Age 55)
Chief Financial Officer
Comp: $306.72k
Mr. Alexander Tomkins (Age 39)
Founder & CTO
Comp: $197.93k
Mr. Bradley Lynch (Age 50)
Chief Operating Officer
Comp: $157.08k
Mr. Mark A. Lunsford (Age 65)
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 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 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 analysts have issued 12-month price objectives for Peraso's shares. Their PRSO share price targets range from $1.00 to $1.00. On average, they anticipate the company's share price to reach $1.00 in the next year. This suggests a possible upside of 257.7% 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 2023?: Peraso's stock was trading at $0.73 at the beginning of the year. Since then, PRSO shares have decreased by 61.7% and is now trading at $0.2796.
View the best growth stocks for 2023 here.
When is Peraso's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024.
View our PRSO earnings forecast.

How were Peraso's earnings last quarter?: Peraso Inc. (NASDAQ:PRSO) issued its quarterly earnings data on Monday, November, 13th. The company reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.06. The firm had revenue of $4.48 million for the quarter, compared to the consensus estimate of $2.48 million. Peraso had a negative net margin of 142.05% and a negative trailing twelve-month return on equity of 110.29%.
When did Peraso's stock split?: Peraso shares reverse split on Wednesday, January 3rd 2024. The 1-40 reverse split was announced on Wednesday, January 3rd 2024. The number of shares owned by shareholders will be 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.
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 12/31/2023 by MarketBeat.com Staff

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