Perion Network (PERI) Stock Forecast, Price Target & Predictions
PERI Stock Forecast
Perion Network stock forecast is as follows: an average price target of $22.50 (represents a 166.90% upside from PERI’s last price of $8.43) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
PERI Price Target
The average price target for Perion Network (PERI) is $22.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $10.00. This represents a potential 166.90% upside from PERI's last price of $8.43.
PERI Analyst Ratings
According to 2 Wall Street analysts, Perion Network's rating consensus is 'Buy'. The analyst rating breakdown for PERI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Perion Network Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Eric Martinuzzi | Lake Street | $10.00 | $8.84 | 13.12% | 18.62% |
| Jun 11, 2024 | Eric Martinuzzi | Loop Capital Markets | $10.00 | $8.88 | 12.60% | 18.62% |
| Apr 09, 2024 | Jeff Martin | Roth Capital | $13.00 | $12.50 | 4.00% | 54.21% |
| Apr 08, 2024 | Eric Martinuzzi | Loop Capital Markets | $16.00 | $12.98 | 23.22% | 89.80% |
| Apr 08, 2024 | Mark Kelley | Stifel Nicolaus | $15.00 | $12.61 | 19.00% | 77.94% |
| Apr 08, 2024 | Eric Martinuzzi | Lake Street | $16.00 | $12.69 | 26.13% | 89.80% |
| Oct 06, 2023 | Jason Helfstein | Oppenheimer | $45.00 | $30.02 | 49.90% | 433.81% |
| Jul 07, 2023 | Laura Martin | Needham | $42.00 | $34.74 | 20.90% | 398.22% |
The latest Perion Network stock forecast, released on Jun 11, 2024 by Eric Martinuzzi from Lake Street, set a price target of $10.00, which represents a 13.12% increase from the stock price at the time of the forecast ($8.84), and a 18.62% increase from PERI last price ($8.43).
Perion Network Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 6 |
| Avg Price Target | - | - | $13.33 |
| Last Closing Price | $8.43 | $8.43 | $8.43 |
| Upside/Downside | -100.00% | -100.00% | 58.13% |
In the current month, the average price target of Perion Network stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Perion Network's last price of $8.43. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | Lake Street | Hold | Buy | Upgrade |
| Jun 11, 2024 | Lake Street | Hold | Hold | Hold |
| Jun 10, 2024 | Needham | Buy | Hold | Downgrade |
| Jun 10, 2024 | Oppenheimer | Outperform | Perform | Downgrade |
| Apr 08, 2024 | Lake Street | - | Hold | Downgrade |
| Dec 13, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 06, 2023 | Oppenheimer | Buy | Buy | Hold |
| Jul 07, 2023 | Needham | Buy | Buy | Hold |
| Feb 08, 2023 | Needham | Buy | Buy | Hold |
| Jul 19, 2022 | Needham | Buy | Buy | Hold |
Perion Network's last stock rating was published by Lake Street on Jul 31, 2024. The company Upgrade its PERI rating from "Hold" to "Buy".
Perion Network Financial Forecast
Perion Network Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $145.15M | $209.67M | $158.62M | $146.66M | $125.31M | $157.97M | $121.03M | $109.68M | $89.82M | $118.26M | $83.41M | $60.34M | $66.05M | $78.26M | $65.78M |
| Avg Forecast | $147.00M | $124.00M | $115.00M | $96.00M | $148.28M | $118.62M | $107.08M | $93.64M | $130.36M | $100.05M | $106.99M | $156.82M | $233.09M | $184.36M | $175.00M | $141.36M | $158.00M | $158.00M | $146.08M | $122.02M | $144.96M | $92.47M | $105.03M | $86.18M | $111.48M | $79.24M | $53.60M | $65.87M | $76.20M | $64.33M |
| High Forecast | $148.95M | $125.65M | $116.53M | $97.28M | $150.25M | $120.20M | $108.50M | $95.58M | $130.99M | $100.05M | $106.99M | $156.82M | $235.28M | $185.31M | $177.32M | $143.24M | $160.10M | $158.00M | $146.08M | $122.02M | $144.96M | $92.47M | $105.03M | $86.18M | $111.48M | $79.24M | $53.60M | $65.87M | $76.20M | $64.33M |
| Low Forecast | $145.05M | $122.36M | $113.48M | $94.73M | $146.32M | $117.05M | $105.66M | $91.60M | $129.48M | $100.05M | $106.99M | $156.82M | $231.10M | $183.00M | $172.68M | $139.49M | $155.91M | $158.00M | $146.08M | $122.02M | $144.96M | $92.47M | $105.03M | $86.18M | $111.48M | $79.24M | $53.60M | $65.87M | $76.20M | $64.33M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.33% | 1.00% | 1.00% | 1.03% | 1.09% | 1.31% | 1.04% | 1.04% | 1.06% | 1.05% | 1.13% | 1.00% | 1.03% | 1.02% |
Perion Network's average Quarter revenue forecast for Jun 23 based on 3 analysts is $175.00M, with a low forecast of $172.68M, and a high forecast of $177.32M. PERI's average Quarter revenue forecast represents a 20.56% increase compared to the company's last Quarter revenue of $145.15M (Mar 23).
Perion Network EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.86M | $44.93M | $33.30M | $25.08M | $19.69M | $24.39M | $14.30M | $10.86M | $6.43M | $11.06M | $6.49M | $-262.00K | $3.31M | $8.95M | $6.60M |
| Avg Forecast | $20.30M | $17.13M | $15.88M | $13.26M | $20.48M | $16.38M | $14.79M | $12.93M | $18.01M | $13.82M | $14.78M | $26.68M | $32.19M | $25.46M | $24.17M | $21.09M | $23.39M | $21.60M | $19.97M | $16.67M | $19.82M | $12.64M | $14.36M | $14.47M | $15.24M | $10.83M | $7.33M | $2.61M | $10.42M | $8.79M |
| High Forecast | $20.57M | $17.35M | $16.09M | $13.44M | $20.75M | $16.60M | $14.99M | $13.20M | $18.09M | $13.82M | $14.78M | $32.01M | $32.50M | $25.59M | $24.49M | $25.31M | $28.07M | $21.60M | $19.97M | $20.01M | $19.82M | $12.64M | $14.36M | $17.37M | $15.24M | $10.83M | $7.33M | $3.13M | $10.42M | $8.79M |
| Low Forecast | $20.03M | $16.90M | $15.67M | $13.08M | $20.21M | $16.17M | $14.59M | $12.65M | $17.88M | $13.82M | $14.78M | $21.34M | $31.92M | $25.27M | $23.85M | $16.87M | $18.71M | $21.60M | $19.97M | $13.34M | $19.82M | $12.64M | $14.36M | $11.58M | $15.24M | $10.83M | $7.33M | $2.09M | $10.42M | $8.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32% | 1.92% | 1.54% | 1.26% | 1.18% | 1.23% | 1.13% | 0.76% | 0.44% | 0.73% | 0.60% | -0.04% | 1.27% | 0.86% | 0.75% |
3 analysts predict PERI's average Quarter EBITDA for Jun 23 to be $24.17M, with a high of $24.49M and a low of $23.85M. This is -13.26% lower than Perion Network's previous annual EBITDA (Mar 23) of $27.86M.
Perion Network Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.79M | $38.68M | $25.58M | $19.50M | $15.47M | $17.70M | $10.62M | $7.08M | $3.31M | $9.00M | $2.13M | $-2.24M | $1.33M | $5.89M | $2.87M |
| Avg Forecast | $22.25M | $14.99M | $13.06M | $9.67M | $20.70M | $10.74M | $8.12M | $4.16M | $14.35M | $9.67M | $10.06M | $20.33M | $44.89M | $35.63M | $34.92M | $16.07M | $16.97M | $25.91M | $18.84M | $12.70M | $23.64M | $12.67M | $12.43M | $7.44M | $13.94M | $6.58M | $-2.27M | $1.05M | $9.58M | $4.87M |
| High Forecast | $22.63M | $15.25M | $13.28M | $9.84M | $21.06M | $10.92M | $8.26M | $4.42M | $16.19M | $9.84M | $10.23M | $24.40M | $45.82M | $36.76M | $35.52M | $19.28M | $20.36M | $25.91M | $18.84M | $15.25M | $23.64M | $12.67M | $12.43M | $8.93M | $13.94M | $6.58M | $-2.27M | $1.26M | $9.58M | $4.87M |
| Low Forecast | $21.86M | $14.73M | $12.83M | $9.51M | $20.34M | $10.55M | $7.98M | $3.90M | $13.24M | $9.51M | $9.89M | $16.26M | $43.97M | $34.49M | $34.31M | $12.86M | $13.58M | $25.91M | $18.84M | $10.16M | $23.64M | $12.67M | $12.43M | $5.95M | $13.94M | $6.58M | $-2.27M | $840.82K | $9.58M | $4.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 2.28% | 0.99% | 1.03% | 1.22% | 0.75% | 0.84% | 0.57% | 0.44% | 0.65% | 0.32% | 0.98% | 1.27% | 0.61% | 0.59% |
Perion Network's average Quarter net income forecast for Jun 23 is $34.92M, with a range of $34.31M to $35.52M. PERI's average Quarter net income forecast represents a 46.80% increase compared to the company's last Quarter net income of $23.79M (Mar 23).
Perion Network SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.50M | $24.02M | $16.38M | $20.42M | $19.00M | $23.68M | $18.22M | $17.51M | $14.74M | $15.78M | $13.69M | $11.80M | $13.64M | $14.05M | $12.21M |
| Avg Forecast | $22.29M | $18.80M | $17.43M | $14.55M | $22.48M | $17.98M | $16.23M | $14.20M | $19.76M | $15.17M | $16.22M | $24.98M | $35.34M | $27.95M | $26.53M | $19.75M | $22.71M | $23.95M | $22.15M | $15.61M | $21.98M | $14.02M | $15.92M | $33.16M | $16.90M | $12.01M | $8.13M | $10.75M | $11.55M | $9.75M |
| High Forecast | $22.58M | $19.05M | $17.67M | $14.75M | $22.78M | $18.22M | $16.45M | $14.49M | $19.86M | $15.17M | $16.22M | $29.98M | $35.67M | $28.09M | $26.88M | $23.70M | $27.25M | $23.95M | $22.15M | $18.73M | $21.98M | $14.02M | $15.92M | $39.79M | $16.90M | $12.01M | $8.13M | $12.90M | $11.55M | $9.75M |
| Low Forecast | $21.99M | $18.55M | $17.20M | $14.36M | $22.18M | $17.75M | $16.02M | $13.89M | $19.63M | $15.17M | $16.22M | $19.98M | $35.04M | $27.74M | $26.18M | $15.80M | $18.16M | $23.95M | $22.15M | $12.49M | $21.98M | $14.02M | $15.92M | $26.52M | $16.90M | $12.01M | $8.13M | $8.60M | $11.55M | $9.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.06% | 0.68% | 0.92% | 1.22% | 1.08% | 1.30% | 1.10% | 0.44% | 0.93% | 1.14% | 1.45% | 1.27% | 1.22% | 1.25% |
Perion Network's average Quarter SG&A projection for Jun 23 is $26.53M, based on 3 Wall Street analysts, with a range of $26.18M to $26.88M. The forecast indicates a 23.41% rise compared to PERI last annual SG&A of $21.50M (Mar 23).
Perion Network EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.51 | $0.84 | $0.57 | $0.43 | $0.35 | $0.48 | $0.31 | $0.21 | $0.10 | $0.33 | $0.08 | $-0.08 | $0.05 | $0.23 | $0.11 |
| Avg Forecast | $0.46 | $0.31 | $0.27 | $0.20 | $0.43 | $0.22 | $0.17 | $0.09 | $0.30 | $0.20 | $0.21 | $0.38 | $0.93 | $0.74 | $0.72 | $0.52 | $0.53 | $0.53 | $0.39 | $0.33 | $0.48 | $0.26 | $0.26 | $0.14 | $0.29 | $0.14 | $-0.05 | $0.06 | $0.20 | $0.10 |
| High Forecast | $0.47 | $0.32 | $0.27 | $0.20 | $0.44 | $0.23 | $0.17 | $0.09 | $0.33 | $0.20 | $0.21 | $0.38 | $0.95 | $0.76 | $0.73 | $0.53 | $0.54 | $0.53 | $0.39 | $0.33 | $0.48 | $0.26 | $0.26 | $0.14 | $0.29 | $0.14 | $-0.05 | $0.06 | $0.20 | $0.10 |
| Low Forecast | $0.45 | $0.30 | $0.27 | $0.20 | $0.42 | $0.22 | $0.17 | $0.08 | $0.27 | $0.20 | $0.20 | $0.38 | $0.91 | $0.71 | $0.71 | $0.51 | $0.52 | $0.53 | $0.39 | $0.33 | $0.48 | $0.26 | $0.26 | $0.14 | $0.29 | $0.14 | $-0.05 | $0.06 | $0.20 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.58% | 1.07% | 1.11% | 1.05% | 0.99% | 1.19% | 0.82% | 0.70% | 1.15% | 0.59% | 1.80% | 0.88% | 1.17% | 1.10% |
According to 3 Wall Street analysts, Perion Network's projected average Quarter EPS for Jun 23 is $0.72, with a low estimate of $0.71 and a high estimate of $0.73. This represents a 41.57% increase compared to PERI previous annual EPS of $0.51 (Mar 23).
Perion Network Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ANGI | Angi | $1.96 | $6.66 | 239.80% | Buy |
| PERI | Perion Network | $8.43 | $22.50 | 166.90% | Buy |
| SNAP | Snap | $10.63 | $25.99 | 144.50% | Hold |
| MTCH | Match Group | $31.50 | $74.74 | 137.27% | Buy |
| GETY | Getty Images | $2.81 | $6.57 | 133.81% | Buy |
| BIDU | Baidu | $81.63 | $175.55 | 115.06% | Buy |
| SEAT | Vivid Seats | $3.61 | $6.92 | 91.69% | Buy |
| TWLO | Twilio | $102.07 | $187.84 | 84.03% | Buy |
| PINS | $29.31 | $40.96 | 39.75% | Buy | |
| MAX | MediaAlpha | $12.75 | $17.25 | 35.29% | Buy |
| MOMO | Hello Group | $6.56 | $6.00 | -8.54% | Hold |
| META | Meta Platforms | $563.09 | $460.61 | -18.20% | Buy |
| SPOT | Spotify | $470.70 | $317.84 | -32.48% | Buy |