Peraso (PRSO)

• Market cap: $3.39M
• 1 day: 1.37%
• 5 days: 5.50%
• 1 month: 2.26%
• 3 months: -38.21%
• 6 months: -36.85%
• Year to date: -90.84%
• 1 year: -90.84%
• 5 years: -99.48%
• 10 years: -99.48%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

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

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 247% upside
• Avg. target: $3 247% upside
• High target: $3 247% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark David Williams 60% 1-year accuracy 29 / 48 met price target

247% upside $3

Speculative Buy Maintained

13 Nov 2024