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 brokers have issued 12-month 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 share price to reach $40.00 in the next twelve months. This suggests a possible upside of 2,073.8% 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 on January 1st, 2024. Since then, PRSO stock has decreased by 83.5% and is now trading at $1.8401. 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 Wednesday, March 27th 2024. View our PRSO earnings forecast .

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.

Who are Peraso's major shareholders?

Peraso's stock is owned by a number of institutional and retail investors. Top institutional shareholders include 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 .

NASDAQ:PRSO

Peraso (PRSO) Stock Price, News & Analysis

$1.84

+0.06 (+3.26%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $1.75
▼
$1.86
50-Day Range: $1.75
▼
$11.18
52-Week Range: $1.51
▼
$52.80

Volume: 99,000 shs
Average Volume: 59,346 shs
Market Capitalization: $1.40 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: 2,073.8% Upside
$40.00 Price Target
Short Interest: Healthy
1.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($21.29) to ($8.97) 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.

2.23 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 $40.00, Peraso has a forecasted upside of 2,073.8% from its current price of $1.84.
Amount of Analyst Coverage
Peraso has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.39% 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 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Peraso has recently increased by 27.14%, indicating that investor sentiment is decreasing 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.

2.4

News and Social Media Coverage

News Sentiment
Peraso has a news sentiment score of 0.38. 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 lower news sentiment than the 0.80 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Peraso this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 ($21.29) to ($8.97) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Peraso is -0.04, 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 -0.04, 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 0.07. 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

February 10, 2024 | msn.com

Peraso Announces Pricing and Closing of Offering

February 10, 2024 | markets.businessinsider.com

Peraso Inc. Secures Funding Through Public Offering

February 12, 2024 | The Freeport Society (Ad)

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February 8, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Announces Closing of $4.172 Million Underwritten Public Offering, Including Partial Exercise of Overallotment Option

February 8, 2024 | finance.yahoo.com

Peraso Announces Closing of $4.172 Million Underwritten Public Offering, Including Partial Exercise of Overallotment Option

February 6, 2024 | msn.com

Why Peraso (PRSO) Stock Is Nosediving

February 6, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Announces Pricing of $4 Million Underwritten Public Offering

February 6, 2024 | msn.com

DocuSign Layoffs 2024: What to Know About the Latest DOCU Job Cuts

February 12, 2024 | The Freeport Society (Ad)

New Trump Bombshell

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February 6, 2024 | finance.yahoo.com

Peraso Announces Pricing of $4 Million Underwritten Public Offering

February 6, 2024 | investorplace.com

Why Is Peraso (PRSO) Stock Down 42% Today?

January 29, 2024 | markets.businessinsider.com

Positive Outlook for Peraso, Inc. as Buy Rating Justified by New Orders, Capital Raise, and Strategic Growth Initiatives

January 24, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Announces First Commercial Order Utilizing DUNE Platform in Dense Urban Environments

January 24, 2024 | finance.yahoo.com

Peraso Announces First Commercial Order Utilizing DUNE Platform in Dense Urban Environments

January 21, 2024 | benzinga.com

Peraso Stock (NASDAQ:PRSO), Short Interest Report

January 19, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement

January 19, 2024 | finance.yahoo.com

Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement

January 16, 2024 | finanznachrichten.de

Peraso, Inc.: Peraso Launches Platform for Dense Urban mmWave Fixed Wireless Access

January 16, 2024 | finance.yahoo.com

Peraso Launches Platform for Dense Urban mmWave Fixed Wireless Access

January 1, 2024 | benzinga.com

Peraso Stock (NASDAQ:PRSO) Dividends: History, Yield and Dates

December 28, 2023 | finance.yahoo.com

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

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

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

See More Headlines

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Company Calendar

Today: 2/12/2024
Next Earnings (Estimated): 3/27/2024
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: 73
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: +2,073.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($42.00)
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: 0.09
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $26.11 per share
Price / Book: 0.07

Miscellaneous

Outstanding Shares: 760,000
Free Float: 721,000
Market Cap: $1.40 million
Optionable: Optionable
Beta: 2.02

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Key Executives

Mr. Ronald Glibbery (Age 62)
CEO & Director
Comp: $400k
Mr. James W. Sullivan (Age 56)
Chief Financial Officer
Comp: $306.72k
Mr. Alexander Tomkins (Age 40)
Founder & CTO
Comp: $197.93k
Mr. Bradley Lynch (Age 51)
Chief Operating Officer
Comp: $157.08k
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 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 brokers have issued 12-month 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 share price to reach $40.00 in the next twelve months. This suggests a possible upside of 2,073.8% 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 on January 1st, 2024. Since then, PRSO stock has decreased by 83.5% and is now trading at $1.8401.
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 Wednesday, March 27th 2024.
View our PRSO earnings forecast.

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.
Who are Peraso's major shareholders?: Peraso's stock is owned by a number of institutional and retail investors. Top institutional shareholders include 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 2/12/2024 by MarketBeat.com Staff

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