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NASDAQ:PRSO

Peraso (PRSO) Stock Price, News & Analysis

$1.55
-0.05 (-3.13%)
(As of 07/26/2024 ET)
Today's Range
$1.53
$1.60
50-Day Range
$1.23
$1.64
52-Week Range
$1.17
$17.00
Volume
18,586 shs
Average Volume
624,527 shs
Market Capitalization
$4.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

Peraso MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
150.0% Upside
$3.88 Price Target
Short Interest
Healthy
6.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.81mentions of Peraso in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$127,000 Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($2.81) to ($3.67) 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.

3.22 out of 5 stars

PRSO stock logo

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

PRSO Stock News Headlines

Peraso (NASDAQ:PRSO) Stock Rating Reaffirmed by Benchmark
625,000% Gain
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Peraso Q1 2024 Earnings Preview
Peraso Inc. (PRSO)
Why Is Peraso (PRSO) Stock Up 53% Today?
Peraso Inc Ordinary Shares
See More Headlines
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Company Calendar

Last Earnings
5/13/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:PRSO
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.88
High Stock Price Target
$4.00
Low Stock Price Target
$3.75
Potential Upside/Downside
+150.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-16,800,000.00
Net Margins
-135.95%
Pretax Margin
-135.95%

Debt

Sales & Book Value

Annual Sales
$13.75 million
Book Value
$5.36 per share

Miscellaneous

Free Float
2,547,000
Market Cap
$4.17 million
Optionable
Optionable
Beta
1.82
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Key Executives

  • Mr. Ronald Glibbery (Age 62)
    Co-Founder, CEO & Director
    Comp: $400k
  • Mr. James W. Sullivan (Age 56)
    Chief Financial Officer
    Comp: $305k
  • Mr. Bradley Lynch (Age 51)
    Chief Operating Officer
    Comp: $275k
  • Mr. Alexander Tomkins (Age 40)
    Co-Founder & CTO
    Comp: $197.93k
  • Mr. Mark A. Lunsford (Age 66)
    Chief Revenue Officer

PRSO Stock Analysis - Frequently Asked Questions

How have PRSO shares performed this year?

Peraso's stock was trading at $11.1840 at the start of the year. Since then, PRSO stock has decreased by 86.1% and is now trading at $1.55.
View the best growth stocks for 2024 here
.

How were Peraso's earnings last quarter?

Peraso Inc. (NASDAQ:PRSO) issued its quarterly earnings data on Monday, May, 13th. The company reported ($1.47) earnings per share for the quarter, beating the consensus estimate of ($2.02) by $0.55. The firm earned $2.82 million during the quarter, compared to analyst estimates of $2.60 million. Peraso had a negative trailing twelve-month return on equity of 201.79% and a negative net margin of 135.95%.

When did Peraso's stock split?

Peraso shares reverse split before market open on 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.

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 7/27/2024 by MarketBeat.com Staff

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