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Peraso ( (PRSO) ) has issued an announcement.
On April 14, 2026, Peraso Inc. announced it had delivered an initial limited production shipment of its proprietary 60GHz modules, optimized for military Identification Friend or Foe applications including infantry and drone deployment, to Israeli defense contractor iNTACT. The integrated package, which includes both customized hardware and specialized software implementing IFF protocols with power-reduction algorithms for battery-operated devices, showcases Peraso’s production capabilities in defense communications, though the company cautioned there is no assurance of additional orders or continued module production for these systems.
The most recent analyst rating on (PRSO) stock is a Buy with a $3.00 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 driven primarily by weak financial performance: ongoing losses and persistent negative free cash flow outweigh improving margins and low leverage. Technicals also remain soft with the stock below major moving averages and negative MACD. Earnings-call progress in millimeter-wave growth and cost reductions provides some offset, but near-term revenue pressure and visibility issues—plus dilution risk from the expanded ATM program—cap the overall rating.
To see Spark’s full report on PRSO stock, click here.
More about Peraso
Peraso Inc. is a semiconductor company specializing in proprietary 60GHz wireless modules and integrated solutions that combine optimized hardware with specialized software. Its technology targets high-performance, low-power applications, and the company is extending its market reach into defense-related use cases such as military Identification Friend or Foe systems for infantry and drone platforms.
Average Trading Volume: 8,028,176
Technical Sentiment Signal: Sell
Current Market Cap: $12.63M
Find detailed analytics on PRSO stock on TipRanks’ Stock Analysis page.