Perion Network Ltd. (PERI)
NASDAQ: PERI · IEX Real-Time Price · USD
11.85
+0.50 (4.41%)
At close: Apr 24, 2024, 4:00 PM
11.90
+0.05 (0.42%)
Pre-market: Apr 25, 2024, 7:07 AM EDT
Perion Network Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Perion Network stock have an average target of 23, with a low estimate of 13 and a high estimate of 45. The average target predicts an increase of 94.09% from the current stock price of 11.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Perion Network stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $35 → $13 | Strong Buy → Hold | Downgrades | $35 → $13 | +9.70% | Apr 9, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +35.02% | Apr 8, 2024 |
| Needham | Needham | Strong Buy Maintains $35 → $18 | Strong Buy | Maintains | $35 → $18 | +51.90% | Apr 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $40 → $35 | Strong Buy | Maintains | $40 → $35 | +195.36% | Feb 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +195.36% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
885.75M
from 743.16M
Increased by 19.19%
Revenue Next Year
984.81M
from 885.75M
Increased by 11.18%
EPS This Year
2.74
from 2.34
Increased by 17.18%
EPS Next Year
3.22
from 2.74
Increased by 17.42%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 914.7M | 1.1B |
| Avg | 885.8M | 984.8M |
| Low | 842.8M | 910.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 23.1% | 21.8% |
| Avg | 19.2% | 11.2% |
| Low | 13.4% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.60 | 3.86 |
| Avg | 2.74 | 3.22 |
| Low | 2.44 | 2.75 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 53.9% | 40.9% |
| Avg | 17.2% | 17.4% |
| Low | 4.3% | 0.4% |
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.