Discontinuing Coverage

We are discontinuing coverage of Peraso (PRSO) due to the termination of our Sponsored Research agreement. As such, our prior estimates and price target should no longer be relied upon. Our final price target was $1.25 based on a FY ’27 EV/Sales multiple of 1x.

Our report with model and disclosures is available here.

Disclosure(s):

K. Liu & Company LLC (“the firm”) receives or intends to seek compensation from the companies covered in its research reports. The firm has received compensation from Peraso Inc. (PRSO) in the past 12 months for “Sponsored Research.” 

Sponsored Research produced by the firm is paid for by the subject company in the form of an initial retainer and a recurring monthly fee. The analysis and recommendations in our Sponsored Research reports are derived from the same process and methodologies utilized in all of our research reports whether sponsored or not. The subject company does not review any aspect of our Sponsored Research reports prior to publication.

Peraso Inc. (PRSO)Kevin Liu