Peraso Inc. (PRSO)

NASDAQ: PRSO · IEX Real-Time Price · USD
1.480
-0.080 (-5.13%)
Apr 18, 2024, 3:59 PM EDT - Market closed
-5.13%
Market Cap 3.20M
Revenue (ttm) 13.75M
Net Income (ttm) -16.80M
Shares Out 2.16M
EPS (ttm) -26.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 456,422
Open 1.400
Previous Close 1.560
Day's Range 1.400 - 1.580
52-Week Range 1.230 - 52.800
Beta 1.21
Analysts Buy
Price Target 4.00 (+170.27%)
Earnings Date May 13, 2024

About 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... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 28, 2001
Employees 48
Stock Exchange NASDAQ
Ticker Symbol PRSO
Full Company Profile

Financial Performance

In 2023, Peraso's revenue was $13.75 million, a decrease of -7.53% compared to the previous year's $14.87 million. Losses were -$16.80 million, -48.16% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for PRSO stock is "Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(170.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Peraso stock ($PRSO) soars 40% on Panasonic deal

Peraso Inc (NASDAQ: PRSO) is up close to 40% on Tuesday after announcing a new deal with Panasonic System Networks. Here's what it means for Peraso stock Panasonic has agreed to use the X710 chipset o...

2 days ago - Invezz

Panasonic Introduces New mmWave Wi-Fi Solution Utilizing Peraso's X710 Chipset Technology

SAN JOSE, CA / ACCESSWIRE / April 16, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") is pleased to announce that Panasonic System Networks R&D Lab. Co., Ltd.

2 days ago - Accesswire

Peraso Receives Additional EOL Purchase Order Totaling $2.88 Million

SAN JOSE, CA / ACCESSWIRE / April 4, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60GHz license-free and 5G licensed networks, today announced the Co...

14 days ago - Accesswire

Peraso Announces mmWave Platform For Stealthy Tactical Communications

Technology highlights new market growth opportunities for Peraso's portfolio in mission-critical applications SAN JOSE, CA / ACCESSWIRE / March 26, 2024 / Peraso Inc., (NASDAQ:PRSO) ("Peraso" or the "...

23 days ago - Accesswire

Peraso Announces Fourth Quarter and Full Year 2023 Results

SAN JOSE, CA / ACCESSWIRE / March 18, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced...

4 weeks ago - Accesswire

Miliwave Announces New Fixed Wireless Products based on Peraso 60 GHz mmWave Technology

SAN JOSE, CA / ACCESSWIRE / March 14, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology, is pleased to announce that Miliwave Co., Ltd. ("Miliwave") an...

5 weeks ago - Accesswire

Peraso to Announce Fourth Quarter and Full Year 2023 Financial Results

SAN JOSE, CA / ACCESSWIRE / March 13, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announced...

5 weeks ago - Accesswire

Peraso to Attend and Participate at WISPAMERICA OKC

SAN JOSE, CA / ACCESSWIRE / February 27, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announ...

7 weeks ago - Accesswire

Peraso Announces EtherWave - a Driverless Solution for Android Mobile Platforms

SAN JOSE, CA / ACCESSWIRE / February 20, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced the scheduled availability of its EtherWaveTM soft...

2 months ago - Accesswire

Peraso mmWAVE Enables High Speed Train-to-Station Communication on Chinese Rail System

Jaguar Wave Begins Live Field Trials of mmWave Radio Product Line for Rail Communications. SAN JOSE, CA / ACCESSWIRE / February 13, 2024 / Peraso Inc., (NASDAQ:PRSO) ("Peraso" or the "Company"), today...

2 months ago - Accesswire

Peraso Announces Closing of $4.172 Million Underwritten Public Offering, Including Partial Exercise of Overallotment Option

SAN JOSE, CA / ACCESSWIRE / February 8, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced the closing of its previously announced underwritte...

2 months ago - Accesswire

Peraso Announces Pricing of $4 Million Underwritten Public Offering

SAN JOSE, CA / ACCESSWIRE / February 6, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced the pricing of its underwritten public offering of ...

2 months ago - Accesswire

Peraso Announces First Commercial Order Utilizing DUNE Platform in Dense Urban Environments

First purchase order validates concept and ability to deliver affordable gigabit wireless to underserved markets SAN JOSE, CA / ACCESSWIRE / January 24, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or t...

3 months ago - Accesswire

Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement

SAN JOSE, CA / ACCESSWIRE / January 19, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced that it has received a letter from The Nasdaq Stock...

3 months ago - Accesswire

Peraso Launches Platform for Dense Urban mmWave Fixed Wireless Access

SAN JOSE, CA / ACCESSWIRE / January 16, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology, today announced commercial availability of its dense urban n...

3 months ago - Accesswire

Top 4 Tech Stocks You'll Regret Missing This Quarter - AppFolio (NASDAQ:APPF), Manhattan Associates (NASDAQ:MANH)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: APPFMANHSMX
3 months ago - Benzinga

Peraso Announces 1-for-40 Reverse Stock Split

SAN JOSE, CA / ACCESSWIRE / December 19, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology, today announced that it will effect a 1-for-40 reverse stock split...

4 months ago - Accesswire

Peraso Announces New Customer Partnership Utilizing X130 Chipset

New engagement signals growth opportunities and enables expansion into a high-volume market segment SAN JOSE, CA / ACCESSWIRE / December 12, 2023 / Peraso Inc., (NASDAQ:PRSO) ("Peraso" or the "Company...

4 months ago - Accesswire

Peraso Announces Third Quarter 2023 Results

Total Revenue Increased 87% Sequentially and 36% Year-over-Year; GAAP Gross Margin Expanded Sequentially to 45.4%, Non-GAAP to 58.0% SAN JOSE, CA / ACCESSWIRE / November 13, 2023 / Peraso Inc. (NASDAQ...

5 months ago - Accesswire

Peraso to Announce Third Quarter 2023 Financial Results

SAN JOSE, CA / ACCESSWIRE / November 1, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announc...

6 months ago - Accesswire

Peraso to Attend and Participate at WISPAPALOOZA '23

SAN JOSE, CA / ACCESSWIRE / October 5, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, today announce...

7 months ago - Accesswire

Peraso, pSemi and Richardson RFPD Release Critical Details of 5G mmWave Fixed Wireless Access Solution

SAN JOSE, CA / ACCESSWIRE / September 27, 2023 / Peraso Inc., and pSemi, a Murata company, in collaboration with Richardson RFPD, an Arrow Electronics company, are publishing new information following...

7 months ago - Accesswire

Peraso Receives Initial EOL Purchase Orders Totaling $11.3 Million

SAN JOSE, CA / ACCESSWIRE / September 26, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60GHz license-free and 5G licensed networks, today announced t...

7 months ago - Accesswire

Peraso to Attend and Showcase mmWave Solutions at MWC Las Vegas 2023

SAN JOSE, CA / ACCESSWIRE / September 19, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, announced t...

7 months ago - Accesswire

Peraso To Participate in Panel Discussion at Wi-Fi World Congress North America 2023

SAN JOSE, CA / ACCESSWIRE / September 12, 2023 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in mmWave technology for 60GHz unlicensed and 5G licensed networks, is pleased to annou...

7 months ago - Accesswire