PerasoPRSO
About: Peraso Inc is a fabless semiconductor company focused on the development and sale of: i) millimeter wavelength wireless technology, or mmWave, semiconductor devices and antenna modules based on its proprietary semiconductor devices and ii) performance of non-recurring engineering, or NRE, services and licensing of intellectual property, or IP. The company's primary focus is the development of mmWave, which is generally described as the frequency band from 24 Gigahertz, or GHz, to 300 GHz. Geographically the company generates revenue from the United States, Hong Kong, Taiwan, and the Rest of the World.
Employees: 48
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
94% more capital invested
Capital invested by funds: $57.6K [Q2] → $112K (+$54K) [Q3]
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more funds holding
Funds holding: 8 [Q2] → 9 (+1) [Q3]
1.4% more ownership
Funds ownership: 1.55% [Q2] → 2.95% (+1.4%) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Benchmark David Williams 46% 1-year accuracy 21 / 46 met price target | 262%upside $3 | Speculative Buy Maintained | 13 Nov 2024 |
Benchmark David Williams 46% 1-year accuracy 21 / 46 met price target | 383%upside $4 | Speculative Buy Reiterated | 1 Oct 2024 |
Benchmark David Williams 46% 1-year accuracy 21 / 46 met price target | 383%upside $4 | Speculative Buy Reiterated | 30 Sept 2024 |
Benchmark David Williams 46% 1-year accuracy 21 / 46 met price target | 383%upside $4 | Speculative Buy Reiterated | 17 Sept 2024 |
Financial journalist opinion
Based on 8 articles about PRSO published over the past 30 days
