NASDAQ:PRSO Peraso (PRSO) Stock Forecast, Price & News $0.67 -0.03 (-4.29%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.59▼$0.7750-Day Range$0.25▼$0.9852-Week Range$0.20▼$2.69Volume647,383 shsAverage Volume1.16 million shsMarket Capitalization$16.44 millionP/E RatioN/ADividend YieldN/APrice Target$1.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Peraso MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside123.9% Upside$1.50 Price TargetShort InterestHealthy0.47% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.33Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.54) to ($0.27) 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.2.25 out of 5 starsBusiness Services Sector123rd out of 337 stocksSemiconductors & Related Devices Industry37th out of 89 stocks 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 $1.50, Peraso has a forecasted upside of 123.9% from its current price of $0.67.Amount of Analyst CoveragePeraso has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.47% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently decreased by 14.16%, 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 3.5 News and Social Media Coverage News SentimentPeraso has a news sentiment score of 1.33. 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 0.47 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.Search Interest2 people have searched for PRSO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 3.73% of the stock of Peraso is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Peraso are expected to grow in the coming year, from ($0.54) to ($0.27) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Peraso is -0.48, 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 -0.48, 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 1.22. 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 Peraso (NASDAQ:PRSO) StockPeraso, Inc. engages in the development and sale of semiconductor devices and modules based on its proprietary semiconductor devices and performance of non-recurring engineering, services and licensing of intellectual property. It operates through the following geographical segments: North America, Hong Kong, Taiwan, and Rest of World. The company was founded in 1991 and is headquartered in San Jose, CA.Read More 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 HeadlinesMay 31, 2023 | finance.yahoo.comPeraso Announces $4.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq RulesMay 29, 2023 | americanbankingnews.comPeraso Inc. (NASDAQ:PRSO) Short Interest Down 14.2% in MayJune 4, 2023 | Behind the Markets (Ad)⚡ 2,467% Return on Israeli Laser Company?This advanced laser system is active in 80 countries around the world. And at the center of this massive market is a small firm in Israel. Our research shows that anyone who gets in today could see a return of 2,467%. But that's only if the company doesn't get taken over for a fast 300% gain first.May 23, 2023 | msn.comBenchmark Maintains Peraso (PRSO) Buy RecommendationMay 22, 2023 | americanbankingnews.comPeraso (NASDAQ:PRSO) Price Target Lowered to $1.50 at BenchmarkMay 17, 2023 | finanznachrichten.dePeraso, Inc.: Peraso to Attend Midwest Broadband Operators ConferenceMay 17, 2023 | finance.yahoo.comPeraso to Attend Midwest Broadband Operators ConferenceMay 16, 2023 | markets.businessinsider.comPeraso Inc Registered Shs hosts conference call for investorsJune 4, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 15, 2023 | finanznachrichten.dePeraso, Inc.: Peraso Announces First Quarter 2023 ResultsMay 15, 2023 | msn.comPeraso: Q1 Earnings InsightsMay 15, 2023 | seekingalpha.comPeraso Non-GAAP EPS of -$0.09 beats by $0.01, revenue of $5.03M beats by $0.75MMay 15, 2023 | finance.yahoo.comPeraso (PRSO) Reports Q1 Loss, Tops Revenue EstimatesMay 15, 2023 | finance.yahoo.comPeraso Announces First Quarter 2023 ResultsMay 8, 2023 | americanbankingnews.comPeraso (PRSO) Set to Announce Earnings on MondayMay 2, 2023 | finance.yahoo.comPeraso to Announce First Quarter 2023 Financial ResultsApril 13, 2023 | finanznachrichten.dePeraso, Inc.: Peraso Announces Appointment of Nadine Hatto to GigFire Advisory BoardApril 13, 2023 | finance.yahoo.comPeraso Announces Appointment of Nadine Hatto to GigFire Advisory BoardMarch 28, 2023 | insidermonkey.comPeraso Inc. (NASDAQ:PRSO) Q4 2022 Earnings Call TranscriptMarch 28, 2023 | americanbankingnews.comK LIU & Comments on Peraso Inc.'s Q1 2024 Earnings (NASDAQ:PRSO)March 23, 2023 | markets.businessinsider.comBenchmark Co. Keeps Their Buy Rating on Peraso, Inc. (PRSO)March 22, 2023 | finanznachrichten.dePeraso, Inc.: Peraso Announces Fourth Quarter and Full Year 2022 ResultsMarch 22, 2023 | finance.yahoo.comPeraso Announces Fourth Quarter and Full Year 2022 ResultsMarch 21, 2023 | msn.comEarnings Preview For PerasoMarch 20, 2023 | finanznachrichten.dePeraso, Inc.: Peraso to Announce Fourth Quarter and Full Year 2022 Financial ResultsMarch 20, 2023 | finance.yahoo.comPeraso to Announce Fourth Quarter and Full Year 2022 Financial ResultsFebruary 18, 2023 | seekingalpha.comPeraso implements cost-reduction initiatives involving staff cuts, Q4 revenue below consensusSee More Headlines PRSO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRSO Company Calendar Today6/03/2023Next Earnings (Estimated)8/21/2023Fiscal 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) 418-7500Fax408-418-7501Employees82Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.50 High Stock Price Forecast$1.50 Low Stock Price Forecast$1.50 Forecasted Upside/Downside+123.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,400,000.00 Net Margins-174.52% Pretax Margin-174.52% Return on Equity-79.07% Return on Assets-62.45% Debt Debt-to-Equity Ratio0.03 Current Ratio2.78 Quick Ratio1.41 Sales & Book Value Annual Sales$14.87 million Price / Sales1.11 Cash FlowN/A Price / Cash FlowN/A Book Value$0.55 per share Price / Book1.22Miscellaneous Outstanding Shares24,530,000Free Float23,129,000Market Cap$16.44 million OptionableOptionable Beta2.06 Key ExecutivesRonald GlibberyChief Executive Officer & DirectorBrad LynchChief Operating OfficerJames W. SullivanChief Financial OfficerAlexander TomkinsChief Technology OfficerMark A. LunsfordChief Revenue OfficerKey CompetitorsVivakorNASDAQ:VIVKForesight AutonomousNASDAQ:FRSXAutoscope TechnologiesNASDAQ:AATCSMX (Security Matters) PublicNASDAQ:SMXMarpaiNASDAQ:MRAIView All CompetitorsInstitutional OwnershipArmistice Capital LLCSold 660,000 shares on 5/16/2023Ownership: 3.153%View 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 equities research analysts have issued 1-year target prices for Peraso's shares. Their PRSO share price forecasts range from $1.50 to $1.50. On average, they predict the company's share price to reach $1.50 in the next twelve months. This suggests a possible upside of 123.9% 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 stock has decreased by 8.2% and is now trading at $0.67. View the best growth stocks for 2023 here. Are investors shorting Peraso? Peraso saw a decrease in short interest in May. As of May 15th, there was short interest totaling 29,100 shares, a decrease of 14.2% from the April 30th total of 33,900 shares. Based on an average daily trading volume, of 148,400 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the company's stock are sold short. View Peraso's Short Interest. When is Peraso's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our PRSO earnings forecast. What guidance has Peraso issued on next quarter's earnings? Peraso updated its first quarter 2023 earnings guidance on Wednesday, March, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.70 million-$5.00 million, compared to the consensus revenue estimate of $5.21 million. What is Peraso's stock symbol? Peraso trades on the NASDAQ under the ticker symbol "PRSO." Who are Peraso's major shareholders? Peraso's stock is owned by many different institutional and retail investors. Top institutional shareholders include Armistice Capital LLC (3.15%). Insiders that own company stock include Ian Mcwalter and Robert Y Iv Newell. View institutional ownership trends. 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 $0.67. How much money does Peraso make? Peraso (NASDAQ:PRSO) has a market capitalization of $16.44 million and generates $14.87 million in revenue each year. The company earns $-32,400,000.00 in net income (profit) each year or ($1.39) 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. 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