Perion Network Ltd. (PERI)

NASDAQ: PERI · Real-Time Price · USD
8.52
+0.09 (1.07%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.07%
Market Cap 408.53M
Revenue (ttm) 602.94M
Net Income (ttm) 47.07M
Shares Out 47.95M
EPS (ttm) 0.93
PE Ratio 9.19
Forward PE 72.08
Dividend n/a
Ex-Dividend Date n/a
Volume 176,094
Open 8.44
Previous Close 8.43
Day's Range 8.43 - 8.62
52-Week Range 7.47 - 32.99
Beta 1.48
Analysts Hold
Price Target 10.17 (+19.37%)
Earnings Date Nov 6, 2024

About PERI

Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It offers Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform. The company also provides supply management platform; demand management platform for campaign planning and design; analytics platform, which provides information and performance insi... [Read more]

IPO Date Jan 31, 2006
Employees 420
Stock Exchange NASDAQ
Ticker Symbol PERI
Full Company Profile

Financial Performance

In 2023, Perion Network's revenue was $743.16 million, an increase of 16.07% compared to the previous year's $640.26 million. Earnings were $117.41 million, an increase of 18.33%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PERI stock is "Hold." The 12-month stock price forecast is $10.17, which is an increase of 19.37% from the latest price.

Price Target
$10.17
(19.37% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Perion Network Announces Conference Participation in November - December 2024

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced...

9 days ago - Business Wire

Perion Q3 Earnings: Cheaply Valued, Yet Capital Allocation Will Be Key

Q3 earnings show that the business continues to face declining revenue in its larger Search and open web related segments. However, profitability remains solid, with strong growth in its smaller CTV, ...

13 days ago - Seeking Alpha

Perion Network Ltd. (PERI) Q3 2024 Earnings Call Transcript

Perion Network Ltd. (NASDAQ:PERI) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Elad Tzubery - Chief Financial Officer Confe...

16 days ago - Seeking Alpha

Perion Reports Third Quarter 2024 Results

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, today r...

16 days ago - Business Wire

Perion Network to Announce Third Quarter 2024 Financial Results on November 6, 2024

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers with consumers across all major digital channels, announc...

5 weeks ago - Business Wire

Negative Enterprise Value: Is Wall Street Paying You To Buy Perion Network?

Perion Network is very undervalued, trading near its net cash level of $400 million, offering significant upside in a business turnaround. Despite recent operational challenges and -70% share selloff,...

2 months ago - Seeking Alpha

Perion Network Announces Conference Participation in August-September 2024

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced...

3 months ago - Business Wire

Perion Network Q2 Results: Decent Quarter, But Confidence Remains Shaky

Q2 results show revenue down 39% y/y, but growth in technologies like Retail media, CTV Advertising, and DOOH softens the blow. Management's handling of Bing Search changes raises questions, but promi...

4 months ago - Seeking Alpha

Perion Q2 Earnings: Focus On Its 3 Key Growth Drivers (Rating Downgrade)

The business has faced multiple challenges recently, which has led to a drastic decline in its share price. However, Q2 earnings show that growth in CTV, Retail media and DOOH remains strong and will ...

4 months ago - Seeking Alpha

Perion Network Ltd. (PERI) Q2 2024 Earnings Call Transcript

Perion Network Ltd. (NASDAQ:PERI) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Tal Jacobson - Chief Executive Officer Maoz Sigron - Chief Financial Officer Elad Tzub...

4 months ago - Seeking Alpha

Perion Reports Second Quarter 2024 Results

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, today rep...

4 months ago - Business Wire

Perion Network to Announce Second Quarter 2024 Financial Results on July 31, 2024

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), connecting advertisers with consumers through technology across all major digital channels, announced t...

4 months ago - Business Wire

Perion Network Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - PERI

NEW YORK , June 17, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Perion Network Ltd. (NASDAQ: PERI).

5 months ago - PRNewsWire

Rosen Law Firm Urges Perion Network Ltd. (PERI) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of common stock of Perion Network Lt...

5 months ago - Business Wire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Perion Network

NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Perion Network Ltd. (“Perion” or the “Company”) (NAS...

5 months ago - GlobeNewsWire

The Schall Law Firm Encourages Investors Who Have Suffered Losses In Perion Network Ltd. To Make Contact.

LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Perion Network Ltd. ("Perion" or ...

5 months ago - Accesswire

Perion Network: Clickbait Disaster

Perion Network Ltd.'s shares plummeted after the company issued another profit warning as a result of its exclusion from Microsoft Bing's search distribution marketplace. Microsoft Bing is apparently ...

5 months ago - Seeking Alpha

Perion Network (PERI) Falls to Lowest Level Since Nov. 2020

Perion Network (PERI) says that the agreement with Microsoft (MSFT) Bing is no longer material to Perion. George Tsilis discusses how Perion Network sells off after cutting its revenue outlook.

5 months ago - Schwab Network

Perion's stock falls after ad-tech company loses Microsoft Bing business

Perion Network Ltd.'s stock lost more than a fifth of its value in premarket trading after the advertising-technology company cut its revenue outlook on the loss of its search distribution business wi...

Other symbols: MSFT
5 months ago - Market Watch

Perion Network Cuts Revenue Outlook, Joins Skye Bioscience And Other Big Stocks Moving Lower In Monday's Pre-Market Session

A more conservative goal of $100 monthly dividend income would require owning 306 shares of Altria Group.

Other symbols: SKYE
5 months ago - Benzinga

Perion Network Updates Q2 and Full Year 2024 Guidance

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a technology leader in connecting advertisers to consumers across all major digital channels, announced today u...

5 months ago - Business Wire

The Schall Law Firm Urges Investors Who Have Incurred Losses In Perion Network Ltd. To Reach Out.

LOS ANGELES, CA / ACCESSWIRE / June 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Perion Network Ltd. ("Perion" or "...

5 months ago - Accesswire

The Schall Law Firm Encourages Investors Who Have Suffered Losses in Perion Network Ltd. to Get in Touch.

LOS ANGELES, CA / ACCESSWIRE / June 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Perion Network Ltd. ("Perion" or "...

6 months ago - Accesswire

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Perion Network

NEW YORK , June 6, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Perion Network Ltd. ("Perion" or the "Company") (NASDAQ:...

6 months ago - PRNewsWire

The Schall Law Firm Is Urging Investors Who Have Incurred Losses In Perion Network Ltd. To Reach Out.

LOS ANGELES, CA / ACCESSWIRE / June 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Perion Network Ltd. ("Perion" or "...

6 months ago - Accesswire