Perion Network Ltd. (PERI)
NASDAQ: PERI · IEX Real-Time Price · USD
8.63
+0.20 (2.37%)
At close: Jul 2, 2024, 4:00 PM
8.57
-0.06 (-0.70%)
After-hours: Jul 2, 2024, 7:08 PM EDT
Perion Network Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Perion Network stock have an average target of 11.5, with a low estimate of 10 and a high estimate of 13. The average target predicts an increase of 33.26% from the current stock price of 8.63.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Perion Network stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 4 | 3 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Hold Maintains $16 → $10 | Hold | Maintains | $16 → $10 | +15.87% | Jun 11, 2024 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jun 10, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jun 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +108.57% | May 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $35 → $13 | Strong Buy → Hold | Downgrades | $35 → $13 | +50.64% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
509.88M
from 743.16M
Decreased by -31.39%
Revenue Next Year
477.93M
from 509.88M
Decreased by -6.27%
EPS This Year
0.40
from 2.34
Decreased by -82.71%
EPS Next Year
0.22
from 0.40
Decreased by -44.54%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 525.8M | 493.5M |
| Avg | 509.9M | 477.9M |
| Low | 489.0M | 456.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -29.2% | -3.2% |
| Avg | -31.4% | -6.3% |
| Low | -34.2% | -10.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.50 | 0.39 |
| Avg | 0.40 | 0.22 |
| Low | 0.35 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -78.5% | -4.0% |
| Avg | -82.7% | -44.5% |
| Low | -84.9% | -78.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.