NASDAQ:PRSO Peraso (PRSO) Stock Forecast, Price & News $0.18 0.00 (-0.72%) (As of 10:33 AM ET) Add Compare Share Share Today's Range$0.18▼$0.1950-Day Range$0.18▼$0.4052-Week Range$0.17▼$1.92Volume32,783 shsAverage Volume290,588 shsMarket Capitalization$5.04 millionP/E RatioN/ADividend YieldN/APrice Target$1.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Peraso MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside454.0% Upside$1.00 Price TargetShort InterestHealthy0.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.59) to ($0.36) 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.2.27 out of 5 stars 3.5 Analyst's Opinion Consensus RatingPeraso 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/DownsideAccording to analysts' consensus price target of $1.00, Peraso has a forecasted upside of 454.0% from its current price of $0.18.Amount of Analyst CoveragePeraso has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.80% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently decreased by 9.23%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPeraso does not currently pay a dividend.Dividend GrowthPeraso 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 PRSO. Previous Next 2.4 News and Social Media Coverage News SentimentPeraso has a news sentiment score of 0.39. 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 0.68 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Peraso this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Peraso to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Peraso insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.70% of the stock of Peraso is held by insiders.Percentage Held by InstitutionsOnly 13.53% of the stock of Peraso is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Peraso are expected to grow in the coming year, from ($0.59) to ($0.36) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Peraso is -0.15, 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. SectorThe P/E ratio of Peraso is -0.15, 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 RatioPeraso has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Peraso (NASDAQ:PRSO) StockPeraso 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.Read More PRSO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRSO Stock News HeadlinesSeptember 27, 2023 | finanznachrichten.dePeraso, Inc.: Peraso, pSemi and Richardson RFPD Release Critical Details of 5G mmWave Fixed Wireless Access SolutionSeptember 26, 2023 | finanznachrichten.dePeraso, Inc.: Peraso Receives Initial EOL Purchase Orders Totaling $11.3 MillionOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 26, 2023 | finance.yahoo.comPeraso Receives Initial EOL Purchase Orders Totaling $11.3 MillionSeptember 21, 2023 | finanznachrichten.dePeraso, Inc.: Peraso to Attend and Showcase mmWave Solutions at MWC Las Vegas 2023September 19, 2023 | finance.yahoo.comPeraso to Attend and Showcase mmWave Solutions at MWC Las Vegas 2023September 12, 2023 | finanznachrichten.dePeraso, Inc.: Peraso To Participate in Panel Discussion at Wi-Fi World Congress North America 2023September 12, 2023 | finance.yahoo.comPeraso To Participate in Panel Discussion at Wi-Fi World Congress North America 2023October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 5, 2023 | finance.yahoo.comPeraso Announces PRM2144X Release in PERSPECTUS mmWave Module LineupAugust 23, 2023 | finance.yahoo.comDowngrade: What You Need To Know About The Latest Peraso Inc. (NASDAQ:PRSO) ForecastsAugust 21, 2023 | msn.comBenchmark Reiterates Peraso (PRSO) Speculative Buy RecommendationAugust 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Peraso, Inc. (PRSO) and Palo Alto Networks (PANW)August 14, 2023 | finance.yahoo.comPeraso Announces Second Quarter 2023 Results and Provides Business UpdateAugust 11, 2023 | benzinga.comPeraso's Earnings OutlookAugust 3, 2023 | finance.yahoo.comZinwell Introduces 2.5Gbit Wireless Ethernet Bridge based on Peraso 60GHz mmWave ChipsetAugust 2, 2023 | finance.yahoo.comPeraso Receives 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price RuleJuly 31, 2023 | finanznachrichten.dePeraso, Inc.: Peraso to Announce Second Quarter 2023 Financial ResultsJuly 31, 2023 | finance.yahoo.comPeraso to Announce Second Quarter 2023 Financial ResultsJuly 11, 2023 | finanznachrichten.dePeraso, Inc.: Peraso and Jaguar Wave Announce PtP and PtMP Solutions for 60GHz mmWave Fixed Wireless AccessJuly 11, 2023 | finance.yahoo.comPeraso and Jaguar Wave Announce PtP and PtMP Solutions for 60GHz mmWave Fixed Wireless AccessJune 29, 2023 | thestreet.comPeraso Inc.June 29, 2023 | finanznachrichten.dePeraso, Inc.: Peraso and Tachyon Networks Announce Production of PtP and PtMP Solutions for 60GHz mmWave Fixed Wireless AccessJune 29, 2023 | finance.yahoo.comPeraso and Tachyon Networks Announce Production of PtP and PtMP Solutions for 60GHz mmWave Fixed Wireless AccessJune 23, 2023 | benzinga.comShort Volatility Alert: Peraso IncJune 8, 2023 | finanznachrichten.dePeraso, Inc.: Peraso and pSemi Collaborate on RF Solution for 5G mmWave Fixed Wireless AccessJune 8, 2023 | finance.yahoo.comPeraso and pSemi Collaborate on RF Solution for 5G mmWave Fixed Wireless AccessSee More Headlines Receive PRSO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Peraso and its competitors with MarketBeat's FREE daily newsletter. Email Address PRSO Company Calendar Last Earnings8/14/2023Today10/03/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:PRSO CUSIPN/A CIK890394 Webwww.mosys.com Phone(408) 418-7500Fax408-418-7501Employees73Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.00 High Stock Price Forecast$1.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+450.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,400,000.00 Net Margins-176.75% Pretax Margin-176.75% Return on Equity-89.44% Return on Assets-65.79% Debt Debt-to-Equity RatioN/A Current Ratio3.44 Quick Ratio1.69 Sales & Book Value Annual Sales$14.87 million Price / Sales0.34 Cash FlowN/A Price / Cash FlowN/A Book Value$0.65 per share Price / Book0.28Miscellaneous Outstanding Shares27,900,000Free Float26,310,000Market Cap$5.07 million OptionableOptionable Beta2.04 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Ronald Glibbery (Age 61)CEO & Director Comp: $400kMr. James W. Sullivan (Age 55)Chief Financial Officer Comp: $306.72kMr. Bradley Lynch (Age 50)Founder & Chief Operating Officer Mr. Alexander Tomkins (Age 39)Founder & CTO Mr. John TryhubVP of SalesMr. Mark A. Lunsford (Age 65)Chief Revenue Officer More ExecutivesKey CompetitorsDataseaNASDAQ:DTSSGSE SystemsNASDAQ:GVPNoginNASDAQ:NOGNSiyata MobileNASDAQ:SYTAAmesiteNASDAQ:AMSTView All CompetitorsInsiders & InstitutionsRenaissance Technologies LLCBought 223,012 shares on 8/11/2023Ownership: 1.021%Ian McwalterBought 50,000 shares on 6/8/2023Total: $32,000.00 ($0.64/share)View All Insider TransactionsView All Institutional Transactions PRSO Stock - 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 forecast for 2023? 1 brokers have issued twelve-month price targets for Peraso's shares. Their PRSO share price forecasts range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next twelve months. This suggests a possible upside of 450.1% 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 75.1% and is now trading at $0.1818. 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 Monday, November 13th 2023. View our PRSO earnings forecast. How were Peraso's earnings last quarter? Peraso Inc. (NASDAQ:PRSO) announced its quarterly earnings results on Monday, August, 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.05. The business had revenue of $2.40 million for the quarter, compared to the consensus estimate of $4.50 million. Peraso had a negative net margin of 176.75% and a negative trailing twelve-month return on equity of 89.44%. What is Peraso's stock symbol? Peraso trades on the NASDAQ under the ticker symbol "PRSO." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Peraso's stock price today? One share of PRSO stock can currently be purchased for approximately $0.18. How much money does Peraso make? Peraso (NASDAQ:PRSO) has a market capitalization of $5.07 million and generates $14.87 million in revenue each year. The company earns $-32,400,000.00 in net income (profit) each year or ($1.23) on an earnings per share basis. How can I contact Peraso? Peraso's mailing address is 2309 Bering Dr, San Jose, California 95131-1125. The official website for the company is www.mosys.com. The company can be reached via phone at (408) 418-7500, via email at jsullivan@mosys.com, or via fax at 408-418-7501. This page (NASDAQ:PRSO) was last updated on 10/3/2023 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 Peraso Inc. 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. 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