NASDAQ:PRSO Peraso (PRSO) Stock Price, News & Analysis → How to Play the AI and Crypto Markets in One Swing (From Weiss Ratings) (Ad) Free PRSO Stock Alerts $1.39 -0.03 (-2.11%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$1.37▼$1.4950-Day Range$1.26▼$2.0452-Week Range$1.22▼$52.80Volume48,818 shsAverage Volume916,184 shsMarket Capitalization$2.00 millionP/E RatioN/ADividend YieldN/APrice Target$40.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Peraso alerts: Email Address Peraso MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2,777.7% Upside$40.00 Price TargetShort InterestBearish5.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.12Based on 11 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($3.90) to ($4.30) Per ShareSee Full Details Hide Full Details 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.1.95 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.Amount of Analyst CoveragePeraso has received no research coverage in the past 90 days.Read more about Peraso's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.41% of the float of Peraso has been sold short.Short Interest Ratio / Days to CoverPeraso has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peraso has recently increased by 10.01%, indicating that investor sentiment is decreasing 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 2.2 News and Social Media Coverage News SentimentPeraso has a news sentiment score of -0.12. 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 0.58 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Peraso this week, compared to 1 article on an average week.Search Interest4 people have searched for PRSO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows3 people have added Peraso to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 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 5.30% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Peraso are expected to decrease in the coming year, from ($3.90) to ($4.30) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Peraso is -0.07, 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 -0.07, 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 0.26. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsHow to Play the AI and Crypto Markets in One SwingI’ve developed a system that’s helped me find huge winners in the past. Now my system has alerted me to the next four altcoins that could be the next superstars.Click here to find out who they are. 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.Read More PRSO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRSO Stock News HeadlinesMay 14 at 10:57 PM | markets.businessinsider.comStrong Buy Rating for Peraso, Inc. as Growth Accelerates in mmWave and FWA MarketsMay 14 at 9:55 AM | msn.comPeraso Inc. (NASDAQ:PRSO) Q1 2024 Earnings Call TranscriptMay 14 at 4:46 AM | msn.comPeraso beats top-line and bottom-line estimates; initiates Q2 outlookMay 14 at 4:46 AM | finance.yahoo.comPeraso Inc (PRSO) Q1 2024 Earnings Call Transcript Highlights: Surpassing Revenue Expectations ...May 13 at 9:31 PM | investorplace.comPRSO Stock Earnings: Peraso Beats EPS, Beats Revenue for Q1 2024May 12 at 6:20 PM | msn.comPeraso Q1 2024 Earnings PreviewMay 11, 2024 | americanbankingnews.comReviewing Peraso (NASDAQ:PRSO) and Meta Materials (NASDAQ:MMAT)May 11, 2024 | americanbankingnews.comPeraso (PRSO) Scheduled to Post Earnings on MondayApril 30, 2024 | finanznachrichten.dePeraso, Inc.: Peraso to Announce First Quarter 2024 Financial ResultsApril 18, 2024 | finance.yahoo.comPeraso Inc. (PRSO)April 16, 2024 | investorplace.comWhy Is Peraso (PRSO) Stock Up 53% Today?April 16, 2024 | finanznachrichten.dePeraso, Inc.: Panasonic Introduces New mmWave Wi-Fi Solution Utilizing Peraso's X710 Chipset TechnologyApril 13, 2024 | morningstar.comPeraso Inc Ordinary SharesApril 5, 2024 | finance.yahoo.comPeraso Inc. (PRSO) Interactive Stock Chart - Yahoo FinanceApril 4, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Receives Additional EOL Purchase Order Totaling $2.88 MillionMarch 28, 2024 | stockhouse.comPeraso Announces mmWave Platform For Stealthy Tactical CommunicationsMarch 28, 2024 | investing.comPeraso debuts wireless tactical comms platform for defense sectorMarch 26, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces mmWave Platform For Stealthy Tactical CommunicationsMarch 26, 2024 | finance.yahoo.comPeraso Announces mmWave Platform For Stealthy Tactical CommunicationsMarch 20, 2024 | seekingalpha.comPeraso Inc. (PRSO) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | markets.businessinsider.comPeraso, Inc.: Strong Buy Rating on Sustained Growth and Positive Prospects Amidst Revenue DipMarch 19, 2024 | finance.yahoo.comPeraso Inc. (NASDAQ:PRSO) Q4 2023 Earnings Call TranscriptMarch 18, 2024 | investorplace.comPRSO Stock Earnings: Peraso Misses EPS, Beats Revenue for Q4 2023March 18, 2024 | finanznachrichten.dePeraso, Inc.: Peraso Announces Fourth Quarter and Full Year 2023 ResultsMarch 18, 2024 | msn.comPeraso Non-GAAP EPS of -$8.52 misses by $4.41, revenue of $1.8M beats by $0.1MSee 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 Company Calendar Last Earnings3/18/2024Today5/15/2024Next Earnings (Estimated)8/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:PRSO CUSIPN/A CIK890394 Webwww.mosys.com Phone(408) 418-7500Fax408-418-7501Employees48Year FoundedN/APrice Target and Rating Average Stock Price Target$40.00 High Stock Price Target$40.00 Low Stock Price Target$40.00 Potential Upside/Downside+2,777.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 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-135.95% Pretax Margin-122.15% Return on Equity-189.10% Return on Assets-111.72% Debt Debt-to-Equity Ratio0.09 Current Ratio1.22 Quick Ratio0.65 Sales & Book Value Annual Sales$13.75 million Price / Sales0.15 Cash FlowN/A Price / Cash FlowN/A Book Value$5.36 per share Price / Book0.26Miscellaneous Outstanding Shares1,440,000Free Float1,365,000Market Cap$2.00 million OptionableOptionable Beta1.80 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Ronald Glibbery (Age 62)Co-Founder, CEO & Director Comp: $400kMr. James W. Sullivan (Age 56)Chief Financial Officer Comp: $305kMr. Bradley Lynch (Age 51)Chief Operating Officer Comp: $275kMr. Alexander Tomkins (Age 40)Co-Founder & CTO Comp: $197.93kMr. Mark A. Lunsford (Age 66)Chief Revenue Officer Key CompetitorsLytus Technologies Holdings PTV.NASDAQ:LYTEarlyworksNASDAQ:ELWSMeiwu TechnologyNYSE:WNWEBETNASDAQ:EBETStaffing 360 SolutionsNASDAQ:STAFView All CompetitorsInsidersIan McwalterBought 1,250 shares on 6/8/2023Total: $32,000.00 ($25.60/share)View All Insider Transactions PRSO Stock Analysis - Frequently Asked Questions Should I buy or sell Peraso stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peraso in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRSO shares. View PRSO analyst ratings or view top-rated stocks. What is Peraso's stock price target for 2024? 1 brokers have issued 12-month target prices for Peraso's stock. Their PRSO share price targets range from $40.00 to $40.00. On average, they expect the company's share price to reach $40.00 in the next year. This suggests a possible upside of 2,777.7% 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 2024? Peraso's stock was trading at $11.1840 at the start of the year. Since then, PRSO shares have decreased by 87.6% and is now trading at $1.39. View the best growth stocks for 2024 here. When is Peraso's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our PRSO earnings forecast. How were Peraso's earnings last quarter? Peraso Inc. (NASDAQ:PRSO) announced its earnings results on Monday, March, 18th. The company reported ($3.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($3.41) by $0.35. The firm had revenue of $1.83 million for the quarter, compared to analyst estimates of $1.70 million. Peraso had a negative net margin of 135.95% and a negative trailing twelve-month return on equity of 189.10%. During the same period in the prior year, the company posted ($8.00) earnings per share. When did Peraso's stock split? Peraso's stock 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 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. What guidance has Peraso issued on next quarter's earnings? Peraso issued an update on its second quarter 2024 earnings guidance on Monday, May, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.7 million-$4.0 million, compared to the consensus revenue estimate of $3.9 million. 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 5/15/2024 by MarketBeat.com Staff From Our PartnersElon’s New Device is About to Shock the WorldInvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersElon to Transform U.S. Economy? 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