Peraso, Inc. Common Stock (PRSO) is a publicly traded Technology sector company. As of May 21, 2026, PRSO trades at $0.97 with a market cap of $12.63M and a P/E ratio of -1.46. PRSO moved +3.04% today. Year to date, PRSO is +2.40%; over the trailing twelve months it is +12.57%. Its 52-week range spans $0.52 to $2.37. Analyst consensus is buy with an average price target of $3.00. Rallies surfaces PRSO's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Peraso Q1 Revenue Drops 15% to $3.6M, Secures Tower Production Deal: Peraso reported Q1 2026 revenue of $3.6 million, down 15% year-over-year, citing silicon wafer shortages that delayed 60GHz WiFi chipset deliveries. Management secured a 12-month contract with Tower Semiconductor to expand production capacity and projected Q2 revenue between $4.2 million and $4.8 million, with breakeven cash flow targeted by year-end.
| Metric | Value |
|---|---|
| Price | $0.97 |
| Market Cap | $12.63M |
| P/E Ratio | -1.46 |
| EPS | $-0.67 |
| Dividend Yield | 0.00% |
| 52-Week High | $2.37 |
| 52-Week Low | $0.52 |
| Volume | 0 |
| Avg Volume | 0 |
| Revenue (TTM) | $12.19M |
| Net Income | $-4.75M |
| Gross Margin | 57.96% |
1 analysts cover PRSO: 0 strong buy, 1 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $3.00.