Peraso (PRSO) Projected to Announce Quarterly Earnings on Tuesday

Peraso (NASDAQ:PRSO) is projected to post 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 review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 11, 2026 at 4:30 PM ET.

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

Peraso Trading Up 0.8%

PRSO stock traded up $0.01 on Tuesday, hitting $0.72. The company’s stock had a trading volume of 149,849 shares, compared to its average volume of 3,973,366. The firm has a 50 day moving average of $0.86 and a two-hundred day moving average of $0.97. Peraso has a 1 year low of $0.58 and a 1 year high of $2.37. The stock has a market cap of $10.60 million, a price-to-earnings ratio of -0.87 and a beta of 1.04.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Peraso from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of Peraso from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $3.00.

Hedge Funds Weigh In On Peraso

A hedge fund recently raised its stake in Peraso stock. Geode Capital Management LLC raised its position in Peraso Inc. (NASDAQ:PRSO) by 71.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 69,697 shares of the company’s stock after purchasing an additional 29,095 shares during the period. Geode Capital Management LLC owned about 0.78% of Peraso worth $61,000 at the end of the most recent reporting period. 77.60% of the stock is currently owned by institutional investors and hedge funds.

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.