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Peraso ( (PRSO) ) has issued an update.
On March 16, 2026, Peraso told investors it expected about $1.2 million in revenue for the quarter ended March 31, 2026, but now estimates preliminary revenues will come in lower, at roughly $0.9 million to $1.0 million. The figures are based on internal reports and remain subject to change until the company completes its normal quarter-end closing process.
On April 10, 2026, Peraso filed a prospectus supplement to expand the capacity of its at-the-market equity offering program, raising the maximum additional common stock issuance to as much as $2.125 million. This move, on top of roughly $7.2 million already sold under the program, underscores the company’s continued reliance on equity markets to bolster liquidity and support ongoing operations.
The most recent analyst rating on (PRSO) stock is a Hold with a $0.98 price target. To see the full list of analyst forecasts on Peraso stock, see the PRSO Stock Forecast page.
Spark’s Take on PRSO Stock
According to Spark, TipRanks’ AI Analyst, PRSO is a Neutral.
The score is held down primarily by ongoing cash burn and lack of sustained profitability, alongside weak technical trend signals with the stock trading below major moving averages. Offsetting factors include improving margins and sharply reduced losses, plus earnings-call evidence of strategic progress in millimeter-wave—though near-term guidance is weakened by a shipment delay and demand visibility remains limited.
To see Spark’s full report on PRSO stock, click here.
More about Peraso
Peraso Inc. operates in the technology and semiconductor sector, focusing on wireless communication solutions and related integrated circuits. The company targets markets that require high-performance connectivity, positioning itself in segments where demand for advanced wireless technologies and components supports its revenue and capital-raising activities.
Average Trading Volume: 7,901,176
Technical Sentiment Signal: Sell
Current Market Cap: $12.63M
See more data about PRSO stock on TipRanks’ Stock Analysis page.