Perion Network Ltd. (PERI)

NASDAQ: PERI · IEX Real-Time Price · USD
22.70
-0.20 (-0.87%)
At close: Feb 26, 2024, 4:00 PM
22.91
+0.21 (0.93%)
After-hours: Feb 26, 2024, 7:27 PM EST
-0.87%
Market Cap 1.08B
Revenue (ttm) 743.16M
Net Income (ttm) 117.41M
Shares Out 47.04M
EPS (ttm) 2.34
PE Ratio 9.79
Forward PE 7.83
Dividend n/a
Ex-Dividend Date n/a
Volume 323,446
Open 22.90
Previous Close 22.90
Day's Range 22.62 - 23.10
52-Week Range 22.28 - 42.75
Beta 1.31
Analysts Buy
Price Target 38.20 (+68.28%)
Earnings Date Feb 7, 2024

About PERI

Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It provides 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 offers 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 440
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 6 analysts, the average rating for PERI stock is "Buy." The 12-month stock price forecast is $38.2, which is an increase of 68.28% from the latest price.

Price Target
$38.2
(68.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Perion's Diversification Strategy Continues to Drive Strong Performance as Company Achieves Quarterly Growth in Search, CTV and Retail Media

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...

19 days ago - Business Wire

Perion Network to Announce Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024

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

5 weeks ago - Business Wire

Perion Network Announces Conference Participation in January 2024

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

7 weeks ago - Business Wire

Perion Acquires Hivestack, a Leading Global Full-Stack Digital Out-Of-Home (DOOH) Platform

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

2 months ago - Business Wire

Perion Network Announces Conference Participation in December 2023

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI) a global technology company whose synergistic solutions serve all major digital advertising channels -...

3 months ago - Business Wire

Perion Appoints CEO Tal Jacobson to its Board of Directors

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a global technology company whose synergistic solutions serve all major digital advertising channels, includi...

3 months ago - Business Wire

Perion Network to Announce Third Quarter 2023 Financial Results on November 1, 2023

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a global technology company whose synergistic solutions serve all major digital advertising channels – ...

4 months ago - Business Wire

Industry Leader Kenny Lau joins Perion as Chief Product Officer of its Advanced Advertiser Solutions

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a global technology company whose synergistic solutions serve all major digital advertising channels - includ...

5 months ago - Business Wire

Perion's AI-Based SORT® Wins Digiday Technology Award for Mercedes-Benz USA Digital Campaign Success

NEW YORK & TEL AVIV--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a global technology company whose synergistic solutions serve all major digital advertising channels - includ...

6 months ago - Business Wire

Perion Network Announces Conference Participation in August-September 2023

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI) a global multi-channel advertising technology company that delivers synergistic solutions across all major cha...

7 months ago - Business Wire

Perion Delivers Strong Results with 22% Year-Over-Year Increase in Revenue and 45% Growth in Adjusted EBITDA

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ and TASE: PERI), a global multi-channel advertising technology company that delivers synergistic solutions across all major ch...

7 months ago - Business Wire

Three AI Trades That Could Double This Year

AI and, specifically, generative AI are the hottest topics this year. While big-name players like NVIDIA NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD, and Microsoft NASDAQ: MSFT will grab most of ...

Other symbols: DOCNRBLX
8 months ago - MarketBeat

Perion Network Is Monetizing The Internet And Delivering Value

Perion Network NASDAQ: PERI is emerging as a stand-alone play on digitization and a potential takeover target for more prominent players. It's Wildfire platform and a suite of applications connects we...

8 months ago - MarketBeat

Perion Network Expects 20% YoY Revenue Growth and 40% YoY Increase in Adjusted EBITDA in Second Quarter 2023

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary chan...

8 months ago - Business Wire

Perion Network Announces Conference Participation in May

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE:PERI) a global advertising technology company whose synergistic solutions are delivered across the three primary channe...

10 months ago - Business Wire

Perion's Momentum Continues, Delivering 16% Revenue Growth and 54% Increase in Net Income

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three prim...

10 months ago - Business Wire

Perion Network to Announce First Quarter 2023 Financial Results on May 3, 2023

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three prim...

11 months ago - Business Wire

Perion Network Files Its 2022 Annual Report on Form 20-F

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE:PERI) a global advertising technology company whose synergistic solutions are delivered across the three primar...

1 year ago - Business Wire

Perion Network to Participate in the Raymond James Annual Institutional Investors Conference and in the UBS European Media and Internet Conference

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd.

1 year ago - Business Wire

Perion's Momentum Continues, Delivering 119% Year-Over-Year Net Income Growth in the Fourth Quarter 2022; Diluted EPS of $0.79

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (NASDAQ & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary chan...

1 year ago - Business Wire

Perion Network: Long-Term Value Beyond ChatGPT Possibility

Perion Network Ltd ( PERI , Financial) is a technology company that specializes in digital marketing solutions. It offers a range of products and services, including performance-based advertising, ema...

1 year ago - GuruFocus

Top Wall Street analysts pick these stocks to celebrate the new year

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Bumble.

1 year ago - CNBC

Perion's Momentum Extends into the Fourth Quarter of 2022 – Preliminary Results Show Over 60% YoY Adjusted EBITDA Growth and 30% YoY Revenue Growth.

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary ch...

1 year ago - Business Wire

Perion Network to Participate in the UBS Global TMT Conference and in the Raymond James Tech Investor Conference in New York

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Perion Network Ltd. (NASDAQ & TASE:PERI) a global advertising technology company whose synergistic solutions are delivered across the three primary chan...

1 year ago - Business Wire

Perion Preliminary Results for the Third Quarter of 2022 Indicate Adjusted EBITDA of $31 Million, A Year-Over-Year Increase of 76%

TEL AVIV & NEW YORK--(BUSINESS WIRE)-- #tech--Perion Network Ltd. (Nasdaq & TASE: PERI), a global advertising technology company whose synergistic solutions are delivered across the three primary chan...

1 year ago - Business Wire