PRSO

Company Overview — What Does Peraso Inc. Do?

Peraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. It focuses on development of millimeter wavelength (mmWave) for the 60 gigahertz, spectrum, and for 5G cellular networks. The company's products include mmWave ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and programmable hyperspeed engine to allow user-defined functions or algorithms. In addition, the company offers quad partition rate which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products enable various applications, such as 5G with low latency and high reliability, multi-gigabit, mmWave links over 25 kilometers, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California. Peraso Inc. (PRSO) is classified as a micro-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Ronald Glibbery and employs approximately 80 people, headquartered in SAN JOSE, California. With a market capitalization of $9M, PRSO is one of the notable companies in the Technology sector.

Peraso Inc. (PRSO) Stock Rating — Reduce (April 2026)

As of April 2026, Peraso Inc. receives a Reduce rating with a composite score of 31.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PRSO ranks #3,477 out of 4,446 stocks in our coverage universe. Within the Technology sector, Peraso Inc. ranks #405 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PRSO Stock Price and 52-Week Range

Peraso Inc. (PRSO) currently trades at $0.97. The stock lost $0.03 (3.4%) in the most recent trading session. The 52-week high for PRSO is $2.37, which means the stock is currently trading -59.2% from its annual peak. The 52-week low is $0.52, putting the stock 85.6% above its annual trough. Recent trading volume was 453K shares, suggesting relatively thin trading activity.

Is PRSO Overvalued or Undervalued? — Valuation Analysis

Peraso Inc. (PRSO) carries a value factor score of 14/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 2.68x, versus the sector average of 3.16x. The price-to-sales ratio is 0.95x, compared to 1.06x for the average Technology stock.

At current multiples, Peraso Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Peraso Inc. Profitability — ROE, Margins, and Quality Score

Peraso Inc. (PRSO) earns a quality factor score of 26/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -134.2%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -102.4% versus the sector average of -1.0%.

On a margin basis, Peraso Inc. reports gross margins of 55.2%, compared to 50.9% for the sector. The operating margin is -50.1% (sector: -0.5%). Net profit margin stands at -50.6%, versus -1.5% for the average Technology stock. Revenue growth is running at -23.7% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

PRSO Debt, Balance Sheet, and Financial Health

Peraso Inc. has a debt-to-equity ratio of 31.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 4.14x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $2M.

PRSO has a beta of 0.47, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Peraso Inc. is 29/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Peraso Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Peraso Inc. reported revenue of $13M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-6M. Gross margin was 55.2%. Operating income came in at $-6M.

In FY 2025, Peraso Inc. reported revenue of $12M and earnings per share (EPS) of $-0.67. Net income for the quarter was $-5M. Gross margin was 58.0%. Revenue grew -16.3% year-over-year compared to FY 2024. Operating income came in at $-5M.

In Q3 2025, Peraso Inc. reported revenue of $3M and earnings per share (EPS) of $-0.17. Net income for the quarter was $-1M. Gross margin was 56.2%. Revenue grew -15.8% year-over-year compared to Q3 2024. Operating income came in at $-1M.

In Q2 2025, Peraso Inc. reported revenue of $2M and earnings per share (EPS) of $-0.31. Net income for the quarter was $-2M. Gross margin was 48.3%. Revenue grew -47.6% year-over-year compared to Q2 2024. Operating income came in at $-2M.

Over the past 8 quarters, Peraso Inc. has demonstrated a growth trajectory, with revenue expanding from $4M to $13M. Investors analyzing PRSO stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

PRSO Dividend Yield and Income Analysis

Peraso Inc. (PRSO) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

PRSO Momentum and Technical Analysis Profile

Peraso Inc. (PRSO) has a momentum factor score of 42/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 38/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.

PRSO vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Peraso Inc. (PRSO) ranks #405 out of 584 stocks based on the Blank Capital composite score. This places PRSO in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing PRSO against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PRSO vs S&P 500 (SPY) comparison to assess how Peraso Inc. stacks up against the broader market across all factor dimensions.

PRSO Next Earnings Date

No upcoming earnings date has been announced for Peraso Inc. (PRSO) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PRSO? — Investment Thesis Summary

The quantitative profile for Peraso Inc. suggests caution. The quality score of 26/100 flags below-average profitability. The value score of 14/100 indicates premium valuation. High volatility (stability score 29/100) increases portfolio risk.

In summary, Peraso Inc. (PRSO) earns a Reduce rating with a composite score of 31.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PRSO stock.

Related Resources for PRSO Investors

Explore more research and tools: PRSO vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PRSO head-to-head with peers: PRSO vs IHS, PRSO vs VRSN, PRSO vs ESE.