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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
NASDAQ:PERI

Perion Network (PERI) Stock Forecast, Price & News

$30.63
-0.04 (-0.13%)
(As of 09/29/2023 08:53 PM ET)
Compare
Today's Range
$30.62
$31.38
50-Day Range
$29.97
$36.59
52-Week Range
$19.24
$42.75
Volume
174,500 shs
Average Volume
729,082 shs
Market Capitalization
$1.41 billion
P/E Ratio
13.74
Dividend Yield
N/A
Price Target
$40.60

Perion Network MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
32.5% Upside
$40.60 Price Target
Short Interest
Healthy
3.27% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Perion Network in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.58 out of 5 stars

Computer And Technology Sector

157th out of 608 stocks

Custom Computer Programming Services Industry

8th out of 24 stocks


PERI stock logo

About Perion Network (NASDAQ:PERI) Stock

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 Price History

PERI Stock News Headlines

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Perion stock dips after Raymond James downgrades
Expert Ratings for Perion Network
Perion Presents Technical Strength With Solid Fundamentals
Perion Network Ltd (IW2.MU)
Perion Network Ltd (IW2.SG)
Perion Network: An Appealing Investment
Perion Network Stock Gets Boost From Q2 Beat, Guidance Lift
Perion Network (PERI) Q2 2023 Earnings Call Transcript
See More Headlines
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PERI Company Calendar

Last Earnings
8/02/2023
Today
10/02/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

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 Forecast
$40.60
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+32.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$99.22 million
Pretax Margin
18.32%

Debt

Sales & Book Value

Annual Sales
$640.26 million
Cash Flow
$2.65 per share
Book Value
$12.63 per share

Miscellaneous

Free Float
44,888,000
Market Cap
$1.41 billion
Optionable
Optionable
Beta
1.28
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Key Executives

  • Mr. Tal Jacobson (Age 48)
    Chief Exec. Officer
    Comp: $1.28M
  • Mr. Maoz Sigron (Age 45)
    Chief Financial Officer
    Comp: $928k
  • Mr. Gal Dagan (Age 39)
    Co-Founder of Vidazoo
    Comp: $759k
  • Mr. Daniel E. Aks (Age 63)
    Pres of Undertone
    Comp: $1.17M
  • Mr. Yosi Botzer
    Chief Technology Officer
  • Rami Rozen
    VP of Investor Relations
  • Ms. Adi Zackai Mates
    VP of Human Resource
  • Mr. Ran Cohen (Age 52)
    Chief Strategy Officer
  • Mr. Daniel Slivkin (Age 39)
    Co-Founder of Vidazoo













PERI Stock - Frequently Asked Questions

Should I buy or sell Perion Network stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Perion Network in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PERI shares.
View PERI analyst ratings
or view top-rated stocks.

What is Perion Network's stock price forecast for 2023?

4 analysts have issued 12 month price objectives for Perion Network's shares. Their PERI share price forecasts range from $37.00 to $45.00. On average, they anticipate the company's share price to reach $40.60 in the next twelve months. This suggests a possible upside of 32.5% 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 2023?

Perion Network's stock was trading at $25.30 on January 1st, 2023. Since then, PERI stock has increased by 21.1% and is now trading at $30.63.
View the best growth stocks for 2023 here
.

When is Perion Network's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our PERI earnings forecast
.

How were Perion Network's earnings last quarter?

Perion Network Ltd. (NASDAQ:PERI) issued its earnings results on Wednesday, August, 2nd. The technology company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.13. The technology company had revenue of $178.47 million for the quarter, compared to analyst estimates of $176 million. Perion Network had a trailing twelve-month return on equity of 22.62% and a net margin of 15.82%.

When did Perion Network's stock split?

Perion Network's stock reverse split on 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 closing bell 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 FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $730.00 million-$750.00 million, compared to the consensus revenue estimate of $737.89 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).

What is Perion Network's stock symbol?

Perion Network trades on the NASDAQ under the ticker symbol "PERI."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Perion Network's stock price today?

One share of PERI stock can currently be purchased for approximately $30.63.

How much money does Perion Network make?

Perion Network (NASDAQ:PERI) has a market capitalization of $1.41 billion and generates $640.26 million in revenue each year. The technology company earns $99.22 million in net income (profit) each year or $2.23 on an earnings per share basis.

How many employees does Perion Network have?

The company employs 440 workers across the globe.

How can I contact Perion Network?

Perion Network's mailing address is AZRIELI CENTER 1 BUILDING A 4TH FLOOR 26 HAROKMIM ST., HOLON L3, 5885849. The official website for the company is www.perion.com. The technology company can be reached via phone at 972733981582, via email at investors@perion.com, or via fax at 972-3644-5502.

This page (NASDAQ:PERI) was last updated on 10/2/2023 by MarketBeat.com Staff

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