Peraso (NASDAQ:PRSO) Announces Earnings Results, Beats Expectations By $0.10 EPS

Peraso (NASDAQ:PRSO) issued its earnings results on Monday. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.10, FiscalAI reports. The company had revenue of $3.23 million for the quarter, compared to analyst estimates of $3.03 million. Peraso had a negative return on equity of 165.47% and a negative net margin of 48.29%. Peraso updated its Q4 2025 guidance to EPS.

Peraso Stock Performance

NASDAQ PRSO traded down $0.01 during trading on Wednesday, hitting $1.00. The company’s stock had a trading volume of 319,957 shares, compared to its average volume of 1,412,363. Peraso has a 52 week low of $0.52 and a 52 week high of $2.37. The firm has a market cap of $7.82 million, a P/E ratio of -0.57 and a beta of 1.06. The firm has a 50 day moving average price of $1.33 and a 200 day moving average price of $1.10. The company has a quick ratio of 1.48, a current ratio of 2.03 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on PRSO shares. Wall Street Zen raised shares of Peraso to a “hold” rating in a research report on Saturday, October 18th. Zacks Research raised shares of Peraso from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Peraso in a research note on Friday, October 31st. Finally, LADENBURG THALM/SH SH upgraded Peraso to a “strong-buy” rating in a report on Thursday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $3.00.

About Peraso

Peraso Inc, a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules.