
Peraso Inc. (NASDAQ:PRSO – Free Report) – Stock analysts at K LIU & cut their Q3 2026 earnings per share estimates for Peraso in a report released on Wednesday, August 12th. K LIU & analyst K. Liu now forecasts that the company will post earnings of ($0.19) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Peraso’s current full-year earnings is ($0.68) per share. K LIU & also issued estimates for Peraso’s Q4 2026 earnings at ($0.16) EPS, FY2026 earnings at ($0.71) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.10) EPS and FY2027 earnings at ($0.31) EPS.
Several other research analysts have also commented on PRSO. Weiss Ratings lowered shares of Peraso from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, August 7th. Wall Street Zen raised shares of Peraso from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, LADENBURG THALM/SH SH upped their target price on shares of Peraso from $2.75 to $3.25 and gave the stock a “buy” rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Peraso has an average rating of “Moderate Buy” and an average price target of $3.08.
Peraso Price Performance
NASDAQ PRSO opened at $0.65 on Monday. The company has a market cap of $9.88 million, a P/E ratio of -0.96 and a beta of 1.04. The stock has a 50-day moving average of $0.75 and a two-hundred day moving average of $0.94. Peraso has a 1-year low of $0.58 and a 1-year high of $2.37.
Peraso (NASDAQ:PRSO – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.03. Peraso had a negative return on equity of 223.38% and a negative net margin of 85.63%.The firm had revenue of $1.31 million for the quarter, compared to analyst estimates of $1.25 million.
Institutional Trading of Peraso
A hedge fund recently raised its stake in Peraso stock. Geode Capital Management LLC raised its position in Peraso Inc. (NASDAQ:PRSO – Free Report) by 71.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,697 shares of the company’s stock after acquiring an additional 29,095 shares during the quarter. Geode Capital Management LLC owned approximately 0.78% of Peraso worth $61,000 as of its most recent SEC filing. 77.60% of the stock is currently owned by institutional investors.
About Peraso
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.
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