Peraso (PRSO) Expected to Release Quarterly Earnings on Tuesday

Peraso (NASDAQ:PRSO) is projected to release its Q2 2026 results after the market closes on Tuesday, August 11th. Analysts expect Peraso to announce earnings of ($0.18) per share and revenue of $1.25 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 4:30 PM ET.

Peraso (NASDAQ:PRSO) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.02). The company had revenue of $0.96 million for the quarter, compared to analysts’ expectations of $1.15 million. Peraso had a negative return on equity of 170.96% and a negative net margin of 73.00%. On average, analysts expect Peraso to post $-1 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Peraso Stock Performance

Shares of PRSO traded up $0.01 during midday trading on Tuesday, hitting $0.72. The company had a trading volume of 149,849 shares, compared to its average volume of 3,973,366. The company’s 50-day simple moving average is $0.86 and its 200-day simple moving average is $0.97. The firm has a market capitalization of $10.60 million, a P/E ratio of -0.87 and a beta of 1.04. Peraso has a 1 year low of $0.58 and a 1 year high of $2.37.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on PRSO shares. Weiss Ratings upgraded shares of Peraso from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 23rd. Wall Street Zen downgraded shares of Peraso from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 16th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $3.00.

Institutional Trading of Peraso

An institutional investor recently raised its stake in Peraso stock. Geode Capital Management LLC lifted its position in Peraso Inc. (NASDAQ:PRSO) by 71.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,697 shares of the company’s stock after purchasing an additional 29,095 shares during the quarter. Geode Capital Management LLC owned approximately 0.78% of Peraso worth $61,000 at the end of the most recent quarter. Institutional investors and hedge funds own 77.60% of the company’s stock.

Peraso Company Profile

Peraso Technologies Inc is a Canadian semiconductor company specializing in the research, design and development of millimeter wave (mmWave) wireless communication solutions. The company’s core focus lies in the 60 GHz frequency band, where it engineers high-performance integrated circuits and beamforming solutions designed to deliver multi-gigabit wireless connectivity. Peraso’s technology is tailored for applications demanding high data throughput, low latency and reliable short-range wireless links.

The company’s product portfolio includes 60 GHz chipset solutions for wireless local area networking (WiGig), fixed wireless access (FWA), small-cell backhaul and point-to-point communication links.