NASDAQ:PERI Perion Network (PERI) Stock Forecast, Price & News $31.22 +0.44 (+1.43%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$30.64▼$31.5550-Day Range$30.08▼$41.8552-Week Range$16.41▼$42.75Volume603,465 shsAverage Volume814,287 shsMarket Capitalization$1.44 billionP/E Ratio14.13Dividend YieldN/APrice Target$39.80 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Perion Network MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside27.5% Upside$39.80 Price TargetShort InterestHealthy2.36% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.88Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth10.08%From $2.58 to $2.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsComputer And Technology Sector97th out of 1,226 stocksCustom Computer Programming Services Industry3rd out of 54 stocks 3.4 Analyst's Opinion Consensus RatingPerion Network has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.80, Perion Network has a forecasted upside of 27.5% from its current price of $31.22.Amount of Analyst CoveragePerion Network has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.36% of the outstanding shares of Perion Network have been sold short.Short Interest Ratio / Days to CoverPerion Network has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Perion Network has recently increased by 120.60%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPerion Network does not currently pay a dividend.Dividend GrowthPerion Network 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 PERI. Previous Next 3.8 News and Social Media Coverage News SentimentPerion Network has a news sentiment score of 0.88. 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 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Perion Network this week, compared to 4 articles on an average week.Search Interest83 people have searched for PERI on MarketBeat in the last 30 days. This is an increase of 36% compared to the previous 30 days.MarketBeat Follows13 people have added Perion Network to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Perion Network insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.78% of the stock of Perion Network is held by insiders.Percentage Held by Institutions50.94% of the stock of Perion Network is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Perion Network are expected to grow by 10.08% in the coming year, from $2.58 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Perion Network is 14.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Perion Network is 14.13, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 338.71.Price to Earnings Growth RatioPerion Network has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPerion Network has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Perion Network (NASDAQ:PERI) StockPerion Network Ltd. is a global technology company, which engages in the provision of advertising solutions to brands, agencies, and publishers. It operates through the following geographical segments: North America (mainly US), Europe, and Other. The firm solutions include Publisher Platform, Search Monetization, SORT-Cookieless Targeting, High Impact Creative, and Actionable Monitoring. The company was founded by Ofer Adler and Yaron Adler in November 1999 and is headquartered in Holon, Israel.Read More Receive PERI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Perion Network and its competitors with MarketBeat's FREE daily newsletter. Email Address PERI Stock News HeadlinesJune 1, 2023 | cnbc.comI can't give Perion Network my endorsement over inacurate reporting concerns, says Jim CramerMay 31, 2023 | finance.yahoo.comIs Perion Network (PERI) a Buy as Wall Street Analysts Look Optimistic?June 1, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 29, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Perion Network (NASDAQ:PERI) Presents An OpportunityMay 27, 2023 | finance.yahoo.comPERI - Perion Network Ltd.May 24, 2023 | msn.comUPDATE 2-Spruce Point shorts ad-tech firm Perion NetworkMay 24, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Sees Strong Trading VolumeMay 23, 2023 | usnews.comSpruce Point Shorts Ad-Tech Firm Perion NetworkJune 1, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 23, 2023 | markets.businessinsider.comWhat 7 Analyst Ratings Have To Say About Perion NetworkMay 23, 2023 | bloomberg.comSpruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Perion NetworkMay 23, 2023 | markets.businessinsider.comNeedham Keeps Their Buy Rating on Perion Network (PERI)May 23, 2023 | msn.comSpruce Point Capital Has Serious Concerns About Perion Network's Financial PracticesMay 23, 2023 | msn.comPerion Network falls amid short report from Spruce Point (update)May 22, 2023 | finance.yahoo.comPerion Network (PERI) Loses -20.19% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerMay 22, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Research Coverage Started at StockNews.comMay 19, 2023 | msn.com1 Under-the-Radar Tech Stock to Buy in 2023May 16, 2023 | seekingalpha.com2 Stock Buys That Leverage ChatGPT And Generative AIMay 15, 2023 | finance.yahoo.comBrokers Suggest Investing in Perion Network (PERI): Read This Before Placing a BetMay 12, 2023 | finance.yahoo.comAre Computer and Technology Stocks Lagging Spark Networks (LOV) This Year?May 12, 2023 | finance.yahoo.comZacks Industry Outlook Highlights RELX, Yelp, Shutterstock and Perion NetworkMay 12, 2023 | msn.comPerion Network: Take Advantage Of The PullbackMay 12, 2023 | finance.yahoo.comZacks Industry Outlook Highlights RELX, Yelp, Shutterstock and Perion NetworkMay 11, 2023 | msn.comPerion Network Stock Is Still A BuyMay 9, 2023 | msn.comNeedham Reiterates Perion Network (PERI) Buy RecommendationMay 6, 2023 | americanbankingnews.comPerion Network (NASDAQ:PERI) Given New $40.00 Price Target at Lake Street CapitalMay 5, 2023 | finance.yahoo.comEven though Perion Network (NASDAQ:PERI) has lost US$145m market cap in last 7 days, shareholders are still up 995% over 5 yearsSee More Headlines PERI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PERI Company Calendar Last Earnings10/26/2021Today6/01/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PERI Previous SymbolNASDAQ:MAIL CUSIPN/A CIK1338940 Webwww.perion.com Phone972733981582Fax972-3644-5502Employees399Year FoundedN/APrice Target and Rating Average Stock Price Forecast$39.80 High Stock Price Forecast$42.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+27.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio14.13 Forward P/E Ratio12.10 P/E Growth0.47Net Income$99.22 million Net Margins16.29% Pretax Margin18.86% Return on Equity20.95% Return on Assets14.69% Debt Debt-to-Equity RatioN/A Current Ratio2.73 Quick Ratio2.73 Sales & Book Value Annual Sales$640.26 million Price / Sales2.25 Cash Flow$2.75 per share Price / Cash Flow11.35 Book Value$13.26 per share Price / Book2.35Miscellaneous Outstanding Shares46,170,000Free Float44,888,000Market Cap$1.44 billion OptionableOptionable Beta1.29 Key ExecutivesDoron GerstelChief Executive Officer & DirectorMaoz SigronChief Financial OfficerYosi BotzerChief Technology OfficerMike GloverVice President-Strategic PartnershipsTal JacobsonGeneral Manager-CodeFuelKey CompetitorsPROSNYSE:PROFormula Systems (1985)NASDAQ:FORTYPerficientNASDAQ:PRFTEndavaNYSE:DAVAZuoraNYSE:ZUOView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 48,368 shares on 6/1/2023Ownership: 0.105%Legato Capital Management LLCSold 2,415 shares on 5/25/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 55,197 shares on 5/22/2023Ownership: 0.160%Trivant Custom Portfolio Group LLCBought 1,000 shares on 5/19/2023Ownership: 0.002%JPMorgan Chase & Co.Bought 50,910 shares on 5/18/2023Ownership: 0.239%View All Institutional Transactions 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 twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "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 1 year price objectives for Perion Network's shares. Their PERI share price forecasts range from $36.00 to $42.00. On average, they anticipate the company's share price to reach $39.80 in the next twelve months. This suggests a possible upside of 27.5% 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 at the beginning of 2023. Since then, PERI stock has increased by 23.4% and is now trading at $31.22. View the best growth stocks for 2023 here. Are investors shorting Perion Network? Perion Network saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,090,000 shares, an increase of 120.6% from the April 30th total of 494,100 shares. Based on an average trading volume of 809,400 shares, the short-interest ratio is currently 1.3 days. View Perion Network's Short Interest. When is Perion Network's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our PERI earnings forecast. How were Perion Network's earnings last quarter? Perion Network Ltd. (NASDAQ:PERI) issued its earnings results on Tuesday, October, 26th. The technology company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.11. The technology company had revenue of $121.03 million for the quarter, compared to analyst estimates of $107.90 million. Perion Network had a trailing twelve-month return on equity of 20.95% and a net margin of 16.29%. During the same period in the prior year, the business earned $0.08 EPS. What ETFs hold Perion Network's stock? ETFs with the largest weight of Perion Network (NASDAQ:PERI) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD), Innovator IBD 50 ETF (FFTY), ARK Israel Innovative Technology ETF (IZRL), Invesco Dynamic Software ETF (PSJ), BlueStar Israel Technology ETF (ITEQ), SPDR FactSet Innovative Technology ETF (XITK), VanEck Israel ETF (ISRA) and Invesco Dynamic Market ETF (PWC). When did Perion Network's stock split? Shares of Perion Network reverse split on the morning of 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 market closes 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 updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $725.00 million-$745.00 million, compared to the consensus revenue estimate of $729.25 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." Who are Perion Network's major shareholders? Perion Network's stock is owned by many different institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (3.91%), Harel Insurance Investments & Financial Services Ltd. (3.48%), Renaissance Technologies LLC (3.34%), Private Capital Management LLC (3.27%), Meitav Investment House Ltd. (3.20%) and Victory Capital Management Inc. (2.74%). 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 $31.22. How much money does Perion Network make? Perion Network (NASDAQ:PERI) has a market capitalization of $1.44 billion and generates $640.26 million in revenue each year. The technology company earns $99.22 million in net income (profit) each year or $2.21 on an earnings per share basis. How many employees does Perion Network have? The company employs 399 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Perion Network Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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