
Peraso (PRSO) Stock Forecast & Price Target
Peraso (PRSO) Analyst Ratings
Bulls say
Peraso Inc. has demonstrated a notable improvement in its gross margin, which expanded to 56.2% from 48.3% quarter-over-quarter, indicating a favorable product mix and efficient inventory management. The company anticipates sustained growth in its mmWave revenue through 2025, bolstered by an expanding order backlog and increased production commitments, alongside a record number of products in pre-production, which rose to 12. Additionally, with an improved total funnel increasing to 82 and a qualified pipeline rising to 23 year-over-year, Peraso is positioned for enhanced revenue visibility as new product launches align with customer adoption.
Bears say
Peraso Inc. faces significant challenges due to its reliance on a highly concentrated customer base, primarily dependent on a major customer, WeLink, which has a history of payment delays affecting cash flow and working capital. The company's gross margins on core mmWave products are persistently below target levels, and recent margin enhancement strategies appear inadequate, raising concerns about future profitability. Additionally, with expected revenue declines in the memory segment and the need for additional capital within 9-12 months amidst a competitive market landscape, Peraso’s financial outlook appears precarious.
This aggregate rating is based on analysts' research of Peraso and is not a guaranteed prediction by Public.com or investment advice.
Peraso (PRSO) Analyst Forecast & Price Prediction
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