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Peraso Inc (PRSO) Fair Value & Analysis

Technology · US · Market cap $13.4M

PI Peraso Inc logo Peraso Inc PRSO · US
Price$0.7474
Fair Value$0.1360
Upside-81.8%
Quality43/100
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Mixed Growth
Loss-making · -73.0% net margin
Moderate debt · negative free cash flow
Trails peers (2/9)
Narrow moat 9/100
Evidence: Low Range $0.0680 – $0.2210 Share as image

Fair value as of: Jul 18, 2026

From 3 valuation models · updated 23 days ago

Share price −6.6% over the past month.

Below-average quality, and screening another 82% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($0.2210). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide ($0.0680 to $0.2210). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

$364.40 $0.5601 Fair Value $0.1360 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range $0.5601 – $364.40 · fair‑value band $0.0680 – $0.2210 · the $0.7474 price screens above the $0.1360 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Peraso Inc (PRSO) currently trades at $0.7474, while our model-based Fair Value estimate is $0.1360, implying the stock looks roughly 81.8% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Peraso Inc generated revenue of $9.3M at a net margin of -73.0%. Revenue declined 75.1% year over year. The balance sheet holds a net cash position of $2.7M. Fundamentals as of Jul 18, 2026

Our scenario range runs from $0.0680 (bear case) to $0.2210 (bull case); at $0.7474, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 68% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -82%, PRSO screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM $0.0600 $0.1000 $0.1200 70
DDM Multi-Stage $0.0600 $0.0900 $0.1000 61
NCAV (Graham) $0.1600 $0.2100 $0.3200 50
All 3 models by family
Dividend Discount
Gordon GGM $0.0600 $0.1000 $0.1200 70
DDM Multi-Stage $0.0600 $0.0900 $0.1000 61
Asset-Based
NCAV (Graham) $0.1600 $0.2100 $0.3200 50

Widest divergence: Asset-Based ($0.2100) versus Dividend Discount ($0.0900). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) $9.3M
Revenue growth (YoY) -75.1%
Net margin -73.0%
Return on equity -165%
Free cash flow −$5.7M FY2025
Operating margin -258%
More key figures
EPS (TTM) $-0.8100
EPS growth (YoY) +29,139%
Net cash $2.7M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 45 · Market factors (momentum, volatility) 25

Profitability 40
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in Europe, North America, Hong Kong, Taiwan, and internationally.

Full company description

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in Europe, North America, Hong Kong, Taiwan, and internationally. The company offers millimeter wavelength (mmWave) integrated circuits (ICs), including baseband IC, various variations of mmWave radio frequency, ICs, and associated antenna technology; and mmWave antenna modules for license-free 60 gigahertz (GHz) applications. Its mmWave products are used for various applications comprising multi-gigabit point-to-point wireless links with a range of up to 25 kilometers and operating in the 60 GHz frequency band; multi-gigabit point-to-multi-point links in the 60 GHz frequency band used to provide fixed wireless access (FWA) services; FWA in the 5G operating bands from 24 GHz to 43 GHz to provide multi-gigabit capability and low latency connections; military communications; and consumer applications, such as high performance wireless video streaming, and untethered augmented reality and virtual reality. The company also provides memory products, such as bandwidth engine ICs, which are memory-dominated ICs for high-speed cloud networking, communications, security appliance, video, monitor and test, data center and computing markets that deliver time-to-market, performance, power, area to system original equipment manufacturers. In addition, it licenses intellectual property and offers non-recurring engineering services. The company sells and markets its products through direct sales personnel and sells to representatives and distributors. Peraso Inc. was founded in 1991 and is headquartered in San Jose, California.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Peraso Inc reported revenue of $12.2M in FY2025 versus $5.7M in FY2021, a compound +21.0%/yr. Reported net income was −$4.8M in FY2025.

Growth Quality 11/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$12.2M
Latest YoY
−16.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.0%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.6%
Revenue +21.0%/yr
FY21 $5.7M
FY22 $14.9M
FY23 $13.7M
FY24 $14.6M
FY25 $12.2M
Net income
FY21 −$9.5M
FY22 −$32.4M
FY23 −$16.8M
FY24 −$10.7M
FY25 −$4.8M

PRSO screens 82% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Peraso Inc Fair Value". https://www.fairvalue-calculator.com/stock/PRSO

Peer Group

Semiconductors · 318 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Below median
Fair Value upside −82% · Bottom 25%
Return on assets -66% · Bottom 25%
Net margin (TTM) -73% · Bottom 25%
Revenue growth -75% · Bottom 25%
Debt / equity 0.74× · Higher than 75% of peers

Valuation Multiples vs Semiconductors median · lower = cheaper

P/B 2.89× · Cheaper than median
P/S (TTM) 1.44× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 60
PAST 0 · sector 25
HEALTH 63 · sector 97
DIVIDEND 0 · sector 22

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Peraso Inc (PRSO) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of $0.1360 versus a price of $0.7474, about −82% (overvalued).
What is the fair value of PRSO?
Our model-based fair value for Peraso Inc is $0.1360 (as of Jul 18, 2026), built from audited fundamentals. The current price is $0.7474.
What is the quality score of PRSO?
Peraso Inc has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Peraso Inc (PRSO)?
Peraso Inc reported trailing-twelve-month revenue of about $9.3M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PRSO?
The net profit margin of Peraso Inc is about -73.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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