Perion Network Ltd (NASDAQ:PERI) Receives $14.38 Average Target Price from Analysts

Perion Network Ltd (NASDAQ:PERI) has received an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $14.3750.

Several research analysts recently issued reports on PERI shares. Lake Street Capital lifted their price objective on Perion Network from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Roth Capital reissued a “buy” rating and issued a $14.50 price target (up from $14.00) on shares of Perion Network in a report on Thursday, November 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Perion Network in a research report on Wednesday, October 8th. Finally, Craig Hallum set a $14.00 price objective on Perion Network and gave the stock a “buy” rating in a research report on Monday, October 13th.

Perion Network Stock Performance

Perion Network stock opened at $9.77 on Thursday. The company has a market cap of $400.67 million, a P/E ratio of -37.58, a price-to-earnings-growth ratio of 1.08 and a beta of 1.60. Perion Network has a one year low of $6.99 and a one year high of $11.79. The business has a fifty day moving average of $9.75 and a two-hundred day moving average of $9.86.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its holdings in Perion Network by 209.9% in the 2nd quarter. Osaic Holdings Inc. now owns 2,721 shares of the technology company’s stock valued at $28,000 after purchasing an additional 1,843 shares in the last quarter. State of Wyoming grew its stake in shares of Perion Network by 11.0% in the second quarter. State of Wyoming now owns 22,147 shares of the technology company’s stock valued at $225,000 after buying an additional 2,196 shares in the last quarter. Equitable Trust Co. grew its stake in shares of Perion Network by 2.2% in the third quarter. Equitable Trust Co. now owns 100,895 shares of the technology company’s stock valued at $969,000 after buying an additional 2,215 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Perion Network by 9.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 28,076 shares of the technology company’s stock valued at $270,000 after buying an additional 2,446 shares during the period. Finally, Squarepoint Ops LLC lifted its position in Perion Network by 21.8% during the 3rd quarter. Squarepoint Ops LLC now owns 14,418 shares of the technology company’s stock worth $138,000 after acquiring an additional 2,581 shares in the last quarter. Institutional investors and hedge funds own 68.12% of the company’s stock.

Perion Network Company Profile

Perion Network Ltd. (NASDAQ: PERI) is a digital advertising technology company that offers a suite of solutions designed for both brand marketers and performance-driven advertisers. The firm’s platform integrates search monetization, programmatic display, video and connected TV (CTV) advertising to help clients reach and engage audiences across desktop, mobile and television environments. Through proprietary algorithms and AI-driven tools, Perion’s technology optimizes ad placements in real time, aiming to boost campaign efficiency and return on investment for publishers and advertisers alike.

Key offerings include search engine marketing services that cover major platforms such as Google and Bing, native and display advertising solutions under its Undertone brand, as well as social and video ad formats.