Analysts Set Perion Network Ltd (NASDAQ:PERI) PT at $14.38

Shares of Perion Network Ltd (NASDAQ:PERI) have earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.3750.

A number of analysts recently weighed in on the stock. Lake Street Capital upped their price target on shares of Perion Network from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Craig Hallum set a $14.00 price objective on Perion Network and gave the stock a “buy” rating in a research note on Monday, October 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Perion Network in a research note on Wednesday, October 8th. Finally, Roth Capital reiterated a “buy” rating and set a $14.50 target price (up from $14.00) on shares of Perion Network in a report on Thursday, November 13th.

Perion Network Stock Down 1.2%

PERI opened at $9.77 on Thursday. Perion Network has a 52-week low of $6.99 and a 52-week high of $11.79. The company has a 50 day moving average of $9.75 and a two-hundred day moving average of $9.86. The company has a market cap of $400.67 million, a P/E ratio of -37.58, a P/E/G ratio of 1.08 and a beta of 1.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jump Financial LLC grew its holdings in Perion Network by 31.5% during the 1st quarter. Jump Financial LLC now owns 58,709 shares of the technology company’s stock valued at $478,000 after purchasing an additional 14,050 shares in the last quarter. Caption Management LLC purchased a new position in Perion Network in the 1st quarter valued at about $60,000. PDT Partners LLC boosted its position in Perion Network by 23.9% in the 1st quarter. PDT Partners LLC now owns 142,640 shares of the technology company’s stock valued at $1,161,000 after buying an additional 27,543 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Perion Network during the first quarter valued at about $160,000. Finally, Murchinson Ltd. purchased a new stake in shares of Perion Network during the first quarter worth about $2,274,000. 68.12% of the stock is currently owned by hedge funds and other institutional investors.

Perion Network Company Profile

Perion Network Ltd. (NASDAQ: PERI) is a digital advertising technology company that offers a suite of solutions designed for both brand marketers and performance-driven advertisers. The firm’s platform integrates search monetization, programmatic display, video and connected TV (CTV) advertising to help clients reach and engage audiences across desktop, mobile and television environments. Through proprietary algorithms and AI-driven tools, Perion’s technology optimizes ad placements in real time, aiming to boost campaign efficiency and return on investment for publishers and advertisers alike.

Key offerings include search engine marketing services that cover major platforms such as Google and Bing, native and display advertising solutions under its Undertone brand, as well as social and video ad formats.