Perion Network Ltd (NASDAQ:PERI) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Consensus "Hold": Five brokerages give Perion a consensus "Hold" (1 sell, 1 hold, 3 buy) with an average 12‑month target price of $14.17.
• Most recent quarter: Perion reported $0.49 EPS (in line with estimates) and $137.14M revenue (slightly above consensus) while posting a negative net margin of 1.8% and a 3.38% ROE; analysts expect about $0.51 EPS for the current fiscal year.
• Market snapshot and ownership: PERI opened at $8.72 with a market cap of ~$357.6M, a negative P/E of -48.44 and a 52‑week range of $6.99–$11.79, and institutional investors hold roughly 68.1% of the stock (notably Private Capital Management increased its stake).

Perion Network Ltd (NASDAQ:PERI - Get Free Report) has been given a consensus recommendation of "Hold" by the five brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $14.1667.

Several equities analysts have recently commented on the company. Wall Street Zen downgraded Perion Network from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Lake Street Capital set a $14.00 target price on Perion Network in a research report on Thursday, February 19th. Roth Mkm reissued a "buy" rating and set a $14.50 target price (up from $14.00) on shares of Perion Network in a research note on Thursday, November 13th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Perion Network in a report on Thursday, January 22nd.

Perion Network Price Performance

Shares of PERI stock opened at $8.72 on Tuesday. The company has a market capitalization of $357.61 million, a price-to-earnings ratio of -48.44, a PEG ratio of 0.81 and a beta of 1.45. Perion Network has a one year low of $6.99 and a one year high of $11.79. The company's fifty day moving average price is $8.99 and its 200-day moving average price is $9.39.

Perion Network (NASDAQ:PERI - Get Free Report) last issued its earnings results on Wednesday, February 18th. The technology company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. Perion Network had a negative net margin of 1.80% and a positive return on equity of 3.38%. The company had revenue of $137.14 million during the quarter, compared to the consensus estimate of $136.53 million. Equities research analysts expect that Perion Network will post 0.51 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Perion Network

Several hedge funds have recently modified their holdings of the stock. Private Capital Management LLC grew its position in shares of Perion Network by 16.8% during the third quarter. Private Capital Management LLC now owns 3,751,278 shares of the technology company's stock valued at $36,012,000 after purchasing an additional 538,375 shares in the last quarter. Stableford Capital II LLC increased its holdings in shares of Perion Network by 173.5% in the fourth quarter. Stableford Capital II LLC now owns 215,960 shares of the technology company's stock worth $2,069,000 after purchasing an additional 136,999 shares during the last quarter. Tripletail Wealth Management LLC lifted its position in shares of Perion Network by 1,066.7% in the fourth quarter. Tripletail Wealth Management LLC now owns 113,520 shares of the technology company's stock worth $1,088,000 after buying an additional 103,790 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Perion Network by 165.8% in the second quarter. JPMorgan Chase & Co. now owns 162,617 shares of the technology company's stock worth $1,651,000 after buying an additional 101,446 shares in the last quarter. Finally, Millennium Management LLC bought a new position in Perion Network during the third quarter valued at approximately $837,000. Hedge funds and other institutional investors own 68.12% of the company's stock.

About Perion Network

Perion Network Ltd. NASDAQ: PERI is a digital advertising technology company that offers a suite of solutions designed for both brand marketers and performance-driven advertisers. The firm's platform integrates search monetization, programmatic display, video and connected TV (CTV) advertising to help clients reach and engage audiences across desktop, mobile and television environments. Through proprietary algorithms and AI-driven tools, Perion's technology optimizes ad placements in real time, aiming to boost campaign efficiency and return on investment for publishers and advertisers alike.

Key offerings include search engine marketing services that cover major platforms such as Google and Bing, native and display advertising solutions under its Undertone brand, as well as social and video ad formats.

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