Perion Network (PERI) Stock Forecast, Price Target & Predictions


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PERI Stock Forecast


Perion Network stock forecast is as follows: an average price target of $22.50 (represents a 174.06% upside from PERI’s last price of $8.21) 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 174.06% upside from PERI's last price of $8.21.

PERI Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 11, 2024Eric MartinuzziLake Street$10.00$8.8413.12%21.80%
Jun 11, 2024Eric MartinuzziLoop Capital Markets$10.00$8.8812.60%21.80%
Apr 09, 2024Jeff MartinRoth Capital$13.00$12.504.00%58.34%
Apr 08, 2024Eric MartinuzziLoop Capital Markets$16.00$12.9823.22%94.88%
Apr 08, 2024Mark KelleyStifel Nicolaus$15.00$12.6119.00%82.70%
Apr 08, 2024Eric MartinuzziLake Street$16.00$12.6926.13%94.88%
Oct 06, 2023Jason HelfsteinOppenheimer$45.00$30.0249.90%448.11%
Jul 07, 2023Laura MartinNeedham$42.00$34.7420.90%411.57%
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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 21.80% increase from PERI last price ($8.21).

Perion Network Price Target by Period


1M3M12M
# Anlaysts--6
Avg Price Target--$13.33
Last Closing Price$8.21$8.21$8.21
Upside/Downside-100.00%-100.00%62.36%

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 $8.21. 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


DateCompanyPrevious RatingNew RatingRating Change
Jul 31, 2024Lake StreetHoldBuyUpgrade
Jun 11, 2024Lake StreetHoldHoldHold
Jun 10, 2024NeedhamBuyHoldDowngrade
Jun 10, 2024OppenheimerOutperformPerformDowngrade
Apr 08, 2024Lake Street-HoldDowngrade
Dec 13, 2023OppenheimerOutperformOutperformHold
Oct 06, 2023OppenheimerBuyBuyHold
Jul 07, 2023NeedhamBuyBuyHold
Feb 08, 2023NeedhamBuyBuyHold
Jul 19, 2022NeedhamBuyBuyHold
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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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
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$63.57M$53.85M$60.91M$61.98M
Avg Forecast$152.78M$117.05M$107.28M$92.22M$133.89M$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$59.60M$61.00M$107.61M$78.09M
High Forecast$152.78M$117.05M$107.28M$92.22M$133.89M$100.12M$106.99M$156.82M$235.28M$185.31M$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$59.60M$61.00M$129.14M$93.71M
Low Forecast$152.78M$117.05M$107.28M$92.22M$133.89M$99.81M$106.99M$156.82M$231.10M$183.00M$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$59.60M$61.00M$86.09M$62.47M
# Analysts3333454246334444333331599881216198
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%1.07%0.88%0.57%0.79%

Perion Network's average Quarter revenue forecast for Jun 23 based on 3 analysts is $175.00M, with a low forecast of $175.00M, and a high forecast of $175.00M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3333454246334444333331599881216198
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$6.63M$4.41M$2.29M$2.93M
Avg Forecast$20.89M$16.00M$14.67M$12.61M$18.30M$13.68M$14.63M$26.68M$31.86M$25.20M$23.92M$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$8.15M$3.30M$4.06M$3.69M
High Forecast$20.89M$16.00M$14.67M$12.61M$18.30M$13.69M$14.63M$32.01M$32.16M$25.33M$23.92M$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$8.15M$3.96M$4.87M$4.43M
Low Forecast$20.89M$16.00M$14.67M$12.61M$18.30M$13.65M$14.63M$21.34M$31.59M$25.02M$23.92M$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$8.15M$2.64M$3.24M$2.95M
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%0.81%1.33%0.57%0.79%

3 analysts predict PERI's average Quarter EBITDA for Jun 23 to be $23.92M, with a high of $23.92M and a low of $23.92M. This is -14.15% lower than Perion Network's previous annual EBITDA (Mar 23) of $27.86M.

Perion Network Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3333454246334444333331599881216198
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$2.90M$1.23M$57.00K$-2.07M
Avg Forecast$24.61M$13.28M$11.45M$7.31M$17.64M$9.75M$10.14M$20.33M$45.24M$35.90M$35.19M$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$3.09M$924.00K$100.71K$-2.61M
High Forecast$24.61M$13.28M$11.45M$7.31M$17.64M$10.19M$10.14M$24.40M$46.17M$37.04M$35.19M$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$3.09M$1.11M$120.86K$-2.09M
Low Forecast$24.61M$13.28M$11.45M$7.31M$17.64M$8.86M$10.14M$16.26M$44.31M$34.76M$35.19M$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$3.09M$739.20K$80.57K$-3.14M
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%0.94%1.33%0.57%0.79%

Perion Network's average Quarter net income forecast for Jun 23 is $35.19M, with a range of $35.19M to $35.19M. PERI's average Quarter net income forecast represents a 47.93% increase compared to the company's last Quarter net income of $23.79M (Mar 23).

Perion Network SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3333454246334444333331599881216198
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$12.09M$11.38M$13.99M$20.18M
Avg Forecast$23.16M$17.75M$16.26M$13.98M$20.30M$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$9.04M$8.54M$24.71M$25.43M
High Forecast$23.16M$17.75M$16.26M$13.98M$20.30M$15.18M$16.22M$29.98M$35.67M$28.09M$26.53M$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$9.04M$10.24M$29.66M$30.52M
Low Forecast$23.16M$17.75M$16.26M$13.98M$20.30M$15.13M$16.22M$19.98M$35.04M$27.74M$26.53M$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$9.04M$6.83M$19.77M$20.35M
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%1.34%1.33%0.57%0.79%

Perion Network's average Quarter SG&A projection for Jun 23 is $26.53M, based on 3 Wall Street analysts, with a range of $26.53M to $26.53M. The forecast indicates a 23.41% rise compared to PERI last annual SG&A of $21.50M (Mar 23).

Perion Network EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts3333454246334444333331599881216198
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$0.11$0.05-$-0.09
Avg Forecast$0.51$0.27$0.23$0.15$0.36$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$0.06$0.04$0.11$0.25
High Forecast$0.51$0.27$0.23$0.15$0.36$0.21$0.21$0.38$0.95$0.76$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$0.06$0.04$0.13$0.30
Low Forecast$0.51$0.27$0.23$0.15$0.36$0.18$0.21$0.38$0.91$0.71$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$0.06$0.04$0.08$0.20
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%1.74%1.25%0.02%-0.36%

According to 3 Wall Street analysts, Perion Network's projected average Quarter EPS for Jun 23 is $0.72, with a low estimate of $0.72 and a high estimate of $0.72. This represents a 41.57% increase compared to PERI previous annual EPS of $0.51 (Mar 23).

Perion Network Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ANGIAngi$2.35$6.66183.40%Buy
PERIPerion Network$8.21$22.50174.06%Buy
TWLOTwilio$84.84$187.60121.12%Buy
MTCHMatch Group$35.69$75.37111.18%Buy
SNAPSnap$12.53$25.94107.02%Hold
BIDUBaidu$90.02$183.05103.34%Buy
SEATVivid Seats$4.13$6.9267.55%Buy
GETYGetty Images$4.08$6.5761.03%Buy
PINSPinterest$32.02$41.2728.89%Buy
MAXMediaAlpha$16.38$17.255.31%Buy
MOMOHello Group$7.10$6.00-15.49%Hold
METAMeta Platforms$567.16$460.61-18.79%Buy
SPOTSpotify$384.50$299.06-22.22%Buy

PERI Forecast FAQ


Yes, according to 2 Wall Street analysts, Perion Network (PERI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of PERI's total ratings.

Perion Network (PERI) average price target is $22.5 with a range of $10 to $45, implying a 174.06% from its last price of $8.21. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PERI stock, the company can go up by 174.06% (from the last price of $8.21 to the average price target of $22.5), up by 448.11% based on the highest stock price target, and up by 21.80% based on the lowest stock price target.

PERI's average twelve months analyst stock price target of $22.5 supports the claim that Perion Network can reach $12 in the near future.

Perion Network's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $497.75M (high $497.82M, low $497.52M), average EBITDA is $73.28M (high $78.63M, low $67.92M), average net income is $57.85M (high $62.36M, low $52.9M), average SG&A $76.67M (high $81.67M, low $71.64M), and average EPS is $1.15 (high $1.16, low $1.13). PERI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $469.32M (high $469.32M, low $469.32M), average EBITDA is $64.16M (high $64.16M, low $64.16M), average net income is $56.65M (high $56.65M, low $56.65M), average SG&A $71.15M (high $71.15M, low $71.15M), and average EPS is $1.16 (high $1.16, low $1.16).

Based on Perion Network's last annual report (Dec 2022), the company's revenue was $640.26M, beating the average analysts forecast of $584.1M by 9.61%. Apple's EBITDA was $123M, beating the average prediction of $81.63M by 50.67%. The company's net income was $99.22M, beating the average estimation of $74.43M by 33.32%. Apple's SG&A was $79.83M, missing the average forecast of $84.42M by -5.44%. Lastly, the company's EPS was $3.72, beating the average prediction of $1.78 by 108.52%. In terms of the last quarterly report (Mar 2023), Perion Network's revenue was $145.15M, beating the average analysts' forecast of $141.36M by 2.68%. The company's EBITDA was $27.86M, beating the average prediction of $21.09M by 32.13%. Perion Network's net income was $23.78M, beating the average estimation of $16.07M by 48.00%. The company's SG&A was $21.5M, beating the average forecast of $19.75M by 8.87%. Lastly, the company's EPS was $0.51, missing the average prediction of $0.518 by -1.54%