Peraso (PRSO) to Release Quarterly Earnings on Monday

Peraso (NASDAQ:PRSO) is expected to be issuing its Q1 2026 results after the market closes on Monday, May 11th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $1.15 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:30 PM ET.

Peraso (NASDAQ:PRSO) last released its quarterly earnings data on Monday, March 16th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.03. The company had revenue of $2.87 million during the quarter, compared to the consensus estimate of $3.21 million. Peraso had a negative net margin of 38.99% and a negative return on equity of 129.12%. On average, analysts expect Peraso to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Peraso Stock Performance

Shares of PRSO stock traded up $0.02 on Monday, hitting $1.03. The stock had a trading volume of 964,242 shares, compared to its average volume of 5,935,371. The firm has a market capitalization of $12.94 million, a price-to-earnings ratio of -1.44 and a beta of 0.93. The stock’s 50 day moving average is $1.08 and its 200-day moving average is $1.06. Peraso has a 52-week low of $0.77 and a 52-week high of $2.37.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PRSO shares. Wall Street Zen upgraded shares of Peraso from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings downgraded shares of Peraso from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $3.00.

Institutional Investors Weigh In On Peraso

A hedge fund recently raised its position in Peraso stock. Geode Capital Management LLC increased its position in Peraso Inc. (NASDAQ:PRSO) by 71.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,697 shares of the company’s stock after buying an additional 29,095 shares during the quarter. Geode Capital Management LLC owned about 0.78% of Peraso worth $61,000 at the end of the most recent reporting period. 77.60% of the stock is owned by hedge funds and other institutional investors.

Peraso Company Profile

Peraso Technologies Inc is a Canadian semiconductor company specializing in the research, design and development of millimeter wave (mmWave) wireless communication solutions. The company’s core focus lies in the 60 GHz frequency band, where it engineers high-performance integrated circuits and beamforming solutions designed to deliver multi-gigabit wireless connectivity. Peraso’s technology is tailored for applications demanding high data throughput, low latency and reliable short-range wireless links.

The company’s product portfolio includes 60 GHz chipset solutions for wireless local area networking (WiGig), fixed wireless access (FWA), small-cell backhaul and point-to-point communication links.