NASDAQ:PRSO Peraso (PRSO) Stock Price, News & Analysis $1.85 +0.08 (+4.52%) (As of 10/23/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Peraso Stock (NASDAQ:PRSO) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Peraso alerts:Sign Up Key Stats Today's Range$1.78▼$1.9050-Day Range$1.21▼$1.7752-Week Range$1.15▼$15.66Volume58,108 shsAverage Volume453,925 shsMarket Capitalization$4.98 millionP/E RatioN/ADividend YieldN/APrice Target$3.88Consensus RatingBuy Company OverviewPeraso 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… Watch this before it gets removed (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. Peraso Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks49th Percentile Overall ScorePRSO MarketRank™: Peraso scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingPeraso has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoveragePeraso has only been the subject of 1 research reports in the past 90 days.Read more about Peraso's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthDecreasing Earnings GrowthEarnings for Peraso are expected to decrease in the coming year, from ($3.28) to ($3.76) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Peraso is -0.11, 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 -0.11, 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 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Peraso's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.89% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently increased by 12.77%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldPeraso does not currently pay a dividend.Dividend GrowthPeraso does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.89% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently increased by 12.77%, indicating that investor sentiment is decreasing significantly. News and Social Media2.2 / 5News Sentiment-0.11 News SentimentPeraso has a news sentiment score of -0.11. 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 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Peraso this week, compared to 1 article on an average week.Search Interest1 people have searched for PRSO on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Peraso to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Peraso insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.30% of the stock of Peraso is held by insiders.Percentage Held by Institutions77.60% of the stock of Peraso is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Peraso's insider trading history. 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 Stock News Headlines“Peraso Inc. (NASDAQ: PRSO) Revolutionizes Consumer Experiences with Game-Changing mmWave Technology” more stocks inside….October 22 at 6:55 AM | theglobeandmail.comPeraso Inc. (NASDAQ: PRSO): Revolutionizing Military Combat with Steerable Beam Technology see more stocks inside…October 19, 2024 | theglobeandmail.comWatch this before it gets removed If you missed it, my emergency election broadcast is now available - but will be removed soonOctober 24, 2024 | Porter & Company (Ad)Peraso Inc.: Peraso to Present at the LD Micro Main Event XVII Conference on October 30October 18, 2024 | finanznachrichten.dePeraso Inc.: Miliwave Announces Ethernet Bridge mmWave Radio With 5km Range Based on Peraso 60 GHz TechnologyOctober 16, 2024 | finanznachrichten.dePeraso Inc.: Peraso and Richardson RFPD to Host Webinar on Leveraging 60 GHz mmWave Technology for ADEF Tactical ApplicationsOctober 16, 2024 | finanznachrichten.dePeraso shares hold as Benchmark maintains stock target on new ordersOctober 3, 2024 | uk.investing.comPeraso Inc.: Peraso to Attend and Showcase the Advantages of 60 GHz Fixed Wireless Access at Futurecom 2024September 25, 2024 | finanznachrichten.deSee More Headlines PRSO Stock Analysis - Frequently Asked Questions How have PRSO shares performed this year? Peraso's stock was trading at $11.1840 on January 1st, 2024. Since then, PRSO stock has decreased by 83.5% and is now trading at $1.85. View the best growth stocks for 2024 here. How were Peraso's earnings last quarter? Peraso Inc. (NASDAQ:PRSO) announced its quarterly earnings results on Monday, August, 12th. The company reported ($1.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.73) by $0.64. The business earned $4.24 million during the quarter, compared to the consensus estimate of $4.20 million. Peraso had a negative trailing twelve-month return on equity of 242.83% and a negative net margin of 119.82%. When did Peraso's stock split? Peraso shares reverse split on the morning of 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 closing bell 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. What other stocks do shareholders of Peraso own? Based on aggregate information from My MarketBeat watchlists, some other companies that Peraso investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT) and Sangamo Therapeutics (SGMO). Company Calendar Last Earnings8/12/2024Today10/23/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:PRSO CUSIPN/A CIK890394 Webwww.mosys.com Phone(408) 418-7500Fax408-418-7501Employees80Year FoundedN/APrice Target and Rating Average Stock Price Target$3.88 High Stock Price Target$4.00 Low Stock Price Target$3.75 Potential Upside/Downside+109.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($21.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-16,800,000.00 Net Margins-119.82% Pretax Margin-119.82% Return on Equity-242.83% Return on Assets-129.76% Debt Debt-to-Equity Ratio0.07 Current Ratio1.20 Quick Ratio0.74 Sales & Book Value Annual Sales$13.37 million Price / Sales0.37 Cash FlowN/A Price / Cash FlowN/A Book Value$5.36 per share Price / Book0.35Miscellaneous Outstanding Shares2,690,000Free Float2,683,000Market Cap$4.98 million OptionableNo Data Beta1.79 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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