https://www.investing.com/news/analyst-rating...CH-4393720
Investing.com - Benchmark has reiterated a Speculative Buy rating on Peraso, Inc. (NASDAQ
The firm noted that Peraso’s pre-production products increased to a record 12 from 7 last quarter, demonstrating an expanding commercial pipeline. During the quarter, the company secured an order from a leading global Fixed Wireless Access (FWA) equipment provider that serves major service operators.
Benchmark highlighted rising interest in 6 GHz technology opening additional opportunities for Peraso, while recently completed field trials for next-generation tactical communications are driving increased activity from defense customers. The company is also seeing development in adjacent markets including Edge AI, last-mile delivery, drones, and autonomous vehicles.
The qualified pipeline remains robust with over 30 SKUs, now refined to focus on the highest-probability near- and intermediate-term programs. With inventory largely normalized and new development cycles beginning to translate into customer adoption, revenue visibility is improving. InvestingPro data reveals the company posted modest revenue growth of 2.14% over the last twelve months, with total revenue of $13 million.
Benchmark maintained its $3 price target based on strengthening fundamentals and an expanding opportunity set for the company. While the company holds more cash than debt with a healthy current ratio of 2.25, InvestingPro analysis indicates it is not yet profitable. Discover 10+ additional ProTips and comprehensive financial analysis in the Pro Research Report available for Peraso and 1,400+ other US equities.
In other recent news, Peraso Inc. reported a notable increase in revenue for the third quarter of 2025, primarily attributed to its millimeter wave products. The company also shared its revenue guidance for the fourth quarter, projecting figures between $2.8 million and $3.1 million. Despite the positive revenue growth, the company’s stock experienced a decline during regular trading hours. However, it saw a slight recovery in aftermarket trading. These developments come amidst cautious optimism about future earnings. Investors are closely monitoring the company’s performance and market strategies. The recent earnings report has drawn attention from analysts and investors alike.