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PRSO · NASDAQ · Semiconductors

Peraso (PRSO)

Develops millimeter-wave wireless chips and modules for fixed-wireless, tactical, transportation and device links.

$0.5104
vs last close+0.03 (+7.11%)
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Peraso Inc.PRSO
Information Technology

Sells millimeter-wave ICs and integrated antenna modules to equipment makers and distributors, with additional engineering, license and royalty revenue. The fabless business depends on OEM design wins and external production partners while legacy memory products are phased out.

Designs 60 GHz millimeter-wave chipsets, phased-array antenna modules, firmware and software for fixed-wireless access, backhaul, tactical communications, transportation, and high-bandwidth device links. PERSPECTUS and VERSATUS module families combine silicon, antennas and software for long-range point-to-point and point-to-multipoint networks.

Operates as a single-segment fabless semiconductor business, selling to equipment makers, distributors and other customers; non-recurring engineering, technology licenses and royalties provide additional revenue streams. Revenue is globally distributed, with Taiwan its largest destination and Europe and North America also material. Designs products and intellectual property internally, while independent contractors handle wafer fabrication, assembly, testing and packaging; customer adoption depends on equipment makers integrating the technology into finished products. Legacy memory IC revenue is not expected to remain meaningful after the sole foundry discontinued its applicable process.

Company facts

CEORonald Glibbery
ListedDec 20, 2021
ExchangeNASDAQ
HeadquartersSan Jose, CA
CountryUnited States
Employees42
CIK0000890394
ISINUS71360T2006

Market cap$7.2M
EPS (ttm)−$0.6800
P/E (ttm)−0.7007
ROE-161.4%
P/B1.46
P/S0.8558
Dividend yieldDiv yield
Beta0.46vs XLK 1.41

Price target$3.00+525.0%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Dec 5, 2025Williams TradingTarget
Target: $4
Target: $3

Next report
Nov 9, 26
in 48 days
EPS estimate
−$0.18
Revenue estimate
$1.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.13−$0.08−$0.28−$0.15−$0.13−$0.20−$0.15Pending
Estimate−$0.17−$0.16−$0.44−$0.25−$0.16−$0.18−$0.18−$0.18
Surprise+23.5%+50.0%+36.4%+40.0%+18.8%−11.1%+16.7%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$3.7M$3.9M$2.2M$3.2M$2.9M$963.0K$1.3MPending
Estimate$3.9M$3.8M$3.1M$3.2M$3.0M$1.2M$1.3M$1.1M
Surprise−5.1%+1.3%−27.2%+0.7%−2.9%−16.3%+4.6%
Estimate−$0.18
ReportedDue Nov 9, 2026
Estimate$1.1M
ReportedDue Nov 9, 2026
View details

Debt to equity2.60%
Current ratio317.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.8M$3.7M$3.9M$2.2M$3.2M$2.9M$963.0K$1.3M
Net income−$2.7M−$1.6M−$471.0K−$1.8M−$1.2M−$1.2M−$2.5M−$2.2M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.7M−$1.6M−$514.0K−$1.8M−$1.2M−$1.3M−$2.5M−$2.2M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $3.3M · Total debt $128.0K · Total assets $6.8M · Shareholders' equity $4.9M

Revenue
$1.3M
Operating income
−$2.2M
Net income
−$2.2M
View details

No dividends on record.

Insiders2.17%326.9K shares
10 holders · as of Jan 29, 2026
Other97.83%14.74M shares
remainder

15.06M company shares as of Sep 22, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Ian McWalterInsiderdirector
0.68%101,746filed Jan 23, 2025
Daniel Lee LewisInsiderdirector
0.36%54,292filed Jan 9, 2026
Robert Y. IV NewellInsiderdirector
0.36%53,947filed Jan 9, 2026
Andreas MelderInsiderdirector
0.34%51,851filed Jan 9, 2026
Cornelis LinksInsiderdirector
0.33%50,025filed Jan 29, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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  • Nokia (ADR)

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Compare

CompanyPriceChange
Peraso$0.5104+7.11%$7.2M0.9−41.1%
Ubiquiti$573.51−2.16%$35.48B37.032.410.8+23.5%
Ceragon Networks$2.11−0.10%$191.8M13.40.6+14.2%
Qualcomm$195.18+0.49%$203.94B22.221.04.6−4.0%
Aviat Networks$20.11−0.94%$262.7M105.57.30.6+7.3%
Nokia (ADR)$10.61−3.06%$59.11B77.425.22.5+2.3%
Median57.221.02.5+7.3%