Perion Network Overview
Perion Network delivers advertising solutions to brands and publishers. The company enables its users to increase customer engagement through its ad formats, engagement and monetization solutions, and social and mobile marketing platforms. Perion Network's solutions include Undertone, which provides brands with cross-screen content to capture consumer attention and drive engagement; Codefuel, which enables developers to optimize search traffic; MakeMeReach, which is an all-in-one brand marketing platform that enables global brands to standardize and centralize their advertising workflows in one place; and Smilebox, a photo-sharing application.
Cumulative Funding Raised Over Time ($)
$19.3MFeb 2025
Latest News
growth-positive
Perion Network Gains Buy Rating, Expands into Retail Media with Albertsons Partnership
Perion Network Ltd., a technology company providing advertising solutions, has been identified as a small-cap tech stock that hedge funds were buying in Q2. On October 13, Jason Kreyer from Craig-Hallum initiated coverage of Perion with a Buy rating and a $14 price target, indicating a potential 50% upside. On September 25, Perion announced a strategic partnership with Albertsons Media Collective, granting access to Albertsons first-party purchase data. This collaboration allows advertisers using Perions platform to target retail audiences more precisely. The partnership is expected to enhance Perions value proposition in omnichannel advertising. While financial terms were not disclosed, the move signals Perions ambition in the growing retail media space.
PartnersCustomers
growth-positive
Perion to Announce Third Quarter 2025 Financial Results on November 12, 2025
Perion Network Ltd., a leader in advanced advertising technology, announced plans to release its financial results for Q3 2025 on November 12, 2025. CEO Tal Jacobson and CFO Elad Tzubery will host a conference call to discuss the results. The company is focused on enhancing marketing investments through its Perion One platform, which aims to improve digital advertising effectiveness. The press release includes forward-looking statements, highlighting potential risks such as geopolitical tensions and market fluctuations. Perion is committed to unifying its business units under the Perion brand and adapting to market changes.
growth-negative
Perion Network (NASDAQ:PERI) shareholders have endured a 59% loss from investing in the stock three years ago
Perion Network Ltd. has experienced a significant decline in its share price, dropping 59% over the past three years, with an 18% decrease in the last three months alone. This decline is attributed to a significant drop in earnings per share (EPS), which has fallen to a loss. Despite this, the company has seen a total shareholder return of 18% over the last year, suggesting a recent positive sentiment. The article suggests that the companys business might be improving, but it remains to be seen if this will translate into long-term growth.
growth-positive
Will New Retail Media Partnerships and Product Launches Shift Albertsons (ACI) Growth Narrative?
Albertsons Companies has announced a partnership with Perion Network Ltd. to enhance its retail media capabilities by allowing advertisers to access purchase-based first-party audiences across Albertsons extensive store network. This partnership, along with new product launches from brands like Wienerschnitzel and Go Raw, aims to diversify Albertsons in-store offerings and boost digital engagement. Despite these positive developments, the company faces challenges from ongoing union-related labor costs and intense grocery competition. Albertsons projects significant revenue and earnings growth by 2028, with a fair value estimate suggesting a potential upside in its stock price. The partnership with Perion Network is seen as a strategic move to drive digital channel growth and increase top-line sales.
PartnersCustomers
growth-positive
Perion Network Ltd. (PERI) Partners with Albertsons Media Collective to Enhance Targeted Advertising
Perion Network Ltd. has entered into a strategic partnership with Albertsons Media Collective to enhance targeted advertising through the use of purchase-based audience data. This collaboration allows advertisers to access over 100 million verified shoppers across Albertsons network, leveraging Perions AI-driven ad tech for improved personalization and campaign optimization. The partnership is expected to unlock new revenue streams by integrating retail data with high-impact media. Perions AI platforms analyze large datasets to deliver personalized ads, enhancing engagement and efficiency for brands and agencies.
Partners
| Sector | Business Software |
Funding
| Total funding | $76.7M |
| Last funding | $19.3M |
| Stage | Public |
| Rounds | 4 |
| Investors | 1 |
Team Members
4
Employees: 500+
Web & Social Links
| Website | perion.com |
| Careers | Careers page |
Locations
HaNechoshet St 4, Tel Aviv-Yafo, Israel
1 World Trade Center, NY, NY, United States
200 North LaSalle Street, Chicago, IL, United States
675 Ponce De Leon Ave NE, Atlanta, US-GA 30308, United States
Carrer de Tnger, 86, Barcelona, Barcelona, Spain
12655 W Jefferson Blvd, Los Angeles, CA, United States
71-75 Shelton Street, Covent Garden, London, UK
94 Rue de Provence, Paris, France
Lva Tolstoho Street, 39, Kiev, Ukraine
1722 Routh Street, Dallas, TX, United States
10400 Northeast 4th Street, Bellevue, WA, USA
745 Atlantic Ave, Boston, MA, United States
1325 G Street Northwest, Washington, DC, United States
4th Avenue, Seattle, WA, United States
Photos & Videos
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Perion Network Business
Business models
B2C, B2B
Product stage
Released
Employees
500+
Sector
Business SoftwareSales & Marketing SolutionsAdvertising PlatformsTarget Customer
Media & EntertainmentPublishingCore Technology
Artificial IntelligenceTags (17)
user-acquisitiondata-analyticsmarketingsocial-mediamonetizationpublisherssocial-advertisingmobile-advertisingcampaign-managementadvertisingartificial-intelligencecampaign-optimizationdeveloperscustomer-engagementvideo-advertisingbrandingcontent-marketingGeographic Markets
GlobalPerion Network Financials
$76.7M
Total funding
Undisclosed
Capital raised
$19.3M
Last funding
Public
Funding stage
4
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
$19.3MFeb 2025
Private Equity Funding
PIPE
Feb 2025
$19.3M
Valuebase (Lead)
Public Offering / Exit
POEvent
Jan 2021
Undisclosed
POEvent
Nov 2007
Undisclosed
POEvent
Jan 2006
Undisclosed
Mergers & Acquisitions
MNAEvent
May 2025
$65M
MNAEvent
Dec 2023
$125M
MNAEvent
Oct 2021
$93.5M
MNAEvent
Jul 2020
Undisclosed
MNAEvent
Jan 2020
$73M
MNAEvent
Apr 2019
$3.5M
MNAEvent
Dec 2015
$180M
MNAEvent
Feb 2015
$15M
Perion Network Lifecycle
Cumulative Funding Raised Over Time
$19.3MFeb 2025
All Events
PIPE
Feb 2025
$19.3M
Valuebase (Lead)
POEvent
Jan 2021
Undisclosed
POEvent
Nov 2007
Undisclosed
POEvent
Jan 2006
Undisclosed
MNAEvent
May 2025
$65M
MNAEvent
Dec 2023
$125M
MNAEvent
Oct 2021
$93.5M
MNAEvent
Jul 2020
Undisclosed
MNAEvent
Jan 2020
$73M
MNAEvent
Apr 2019
$3.5M
MNAEvent
Dec 2015
$180M
MNAEvent
Feb 2015
$15M
Perion Network News
339 articles
growth-positive
Perion Network Gains Buy Rating, Expands into Retail Media with Albertsons Partnership
Perion Network Ltd., a technology company providing advertising solutions, has been identified as a small-cap tech stock that hedge funds were buying in Q2. On October 13, Jason Kreyer from Craig-Hallum initiated coverage of Perion with a Buy rating and a $14 price target, indicating a potential 50% upside. On September 25, Perion announced a strategic partnership with Albertsons Media Collective, granting access to Albertsons first-party purchase data. This collaboration allows advertisers using Perions platform to target retail audiences more precisely. The partnership is expected to enhance Perions value proposition in omnichannel advertising. While financial terms were not disclosed, the move signals Perions ambition in the growing retail media space.
PartnersCustomers
growth-positive
Perion to Announce Third Quarter 2025 Financial Results on November 12, 2025
Perion Network Ltd., a leader in advanced advertising technology, announced plans to release its financial results for Q3 2025 on November 12, 2025. CEO Tal Jacobson and CFO Elad Tzubery will host a conference call to discuss the results. The company is focused on enhancing marketing investments through its Perion One platform, which aims to improve digital advertising effectiveness. The press release includes forward-looking statements, highlighting potential risks such as geopolitical tensions and market fluctuations. Perion is committed to unifying its business units under the Perion brand and adapting to market changes.
growth-negative
Perion Network (NASDAQ:PERI) shareholders have endured a 59% loss from investing in the stock three years ago
Perion Network Ltd. has experienced a significant decline in its share price, dropping 59% over the past three years, with an 18% decrease in the last three months alone. This decline is attributed to a significant drop in earnings per share (EPS), which has fallen to a loss. Despite this, the company has seen a total shareholder return of 18% over the last year, suggesting a recent positive sentiment. The article suggests that the companys business might be improving, but it remains to be seen if this will translate into long-term growth.
growth-positive
Will New Retail Media Partnerships and Product Launches Shift Albertsons (ACI) Growth Narrative?
Albertsons Companies has announced a partnership with Perion Network Ltd. to enhance its retail media capabilities by allowing advertisers to access purchase-based first-party audiences across Albertsons extensive store network. This partnership, along with new product launches from brands like Wienerschnitzel and Go Raw, aims to diversify Albertsons in-store offerings and boost digital engagement. Despite these positive developments, the company faces challenges from ongoing union-related labor costs and intense grocery competition. Albertsons projects significant revenue and earnings growth by 2028, with a fair value estimate suggesting a potential upside in its stock price. The partnership with Perion Network is seen as a strategic move to drive digital channel growth and increase top-line sales.
PartnersCustomers
growth-positive
Perion Network Ltd. (PERI) Partners with Albertsons Media Collective to Enhance Targeted Advertising
Perion Network Ltd. has entered into a strategic partnership with Albertsons Media Collective to enhance targeted advertising through the use of purchase-based audience data. This collaboration allows advertisers to access over 100 million verified shoppers across Albertsons network, leveraging Perions AI-driven ad tech for improved personalization and campaign optimization. The partnership is expected to unlock new revenue streams by integrating retail data with high-impact media. Perions AI platforms analyze large datasets to deliver personalized ads, enhancing engagement and efficiency for brands and agencies.
Partners
growth-positive
Perion and Albertsons Media Collective to Unlock First-Party Retail Audiences Through High-Impact Display and DOOH Campaigns
Perion Network Ltd. has announced a strategic partnership with Albertsons Media Collective, the retail media arm of Albertsons Companies, Inc. This collaboration allows advertisers to leverage Albertsons rich shopper data to engage over 100 million shoppers across more than 2,200 stores using Perions high-impact display and Digital Out-Of-Home (DOOH) solutions. The partnership enhances Perions retail media capabilities, enabling advertisers to reach shoppers throughout their purchase journey with dynamic creative, localized offers, and robust measurement tools. This expansion marks a significant growth in Perions retail media sector, providing a differentiated omnichannel solution. The collaboration aims to enhance the shopper experience by delivering personalized content and real-time offers, driving meaningful value for Albertsons shoppers.
Partners
growth-positive
Is Now An Opportune Moment To Examine Perion Network Ltd. (NASDAQ:PERI)?
Perion Network Ltd. has experienced a significant share price increase of over 10% on the NASDAQGS in recent months, although it has traded higher in the past year. The companys stock is currently priced around 1.3% below its intrinsic value, suggesting it is fairly priced. Analysts predict an 82% profit growth over the next year, indicating a positive outlook for the company. Despite the optimistic growth forecast, the stocks high beta suggests potential volatility, offering future buying opportunities. The article emphasizes the importance of considering the companys management track record and other factors when evaluating investment potential.
growth-positive
Perion Launches "SODA" – Next Generation AI-Powered Supply-Side Technology for Web and DOOH Designed to Increase Revenue for Publishers, and Reduce Waste for Advertisers
Perion Network Ltd. has launched SODA, an AI-powered suite of solutions designed to optimize supply paths and maximize revenue for digital publishers. SODA, which is already being used by Mediatransports in France, integrates seamlessly into websites and DOOH screens, offering capabilities such as smart mediation, demand-side synergy, and transparency into supply. The solution aims to enhance financial performance, efficiency, and environmental responsibility for publishers. Perions CEO, Tal Jacobson, highlights SODA as a redefinition of supply and demand interaction, providing tools for responsible revenue optimization at scale.
Product StageCustomers
growth-negative
A Look At The Intrinsic Value Of Perion Network Ltd. (NASDAQ:PERI)
The article discusses the valuation of Perion Network Ltd. using the Discounted Cash Flow (DCF) model. The projected fair value for Perion Network is US$10.15, while its current share price is US$9.18, indicating it is trading close to its estimated fair value. The analyst price target for the company is US$14.00, which is 38% higher than the estimated fair value. The article explains the 2-stage growth model used in the valuation, which considers a higher growth rate in the initial period and a stable growth rate in the second stage. The analysis includes projected cash flows for the next ten years, discounted to present value.
growth-positive
Perion Network Ltd (PERI) Q2 2025 Earnings Call Highlights: Strong Advertising Growth Amid CTV ...
Perion Network Ltd reported an 8% year-over-year increase in advertising solutions revenue, marking a positive growth trend since Q3 2023. The company launched a new Performance CTV Solution and expanded its digital-out-of-home footprint in APAC and EMEA through new partnerships in Korea, Germany, and Italy. The acquisition of Greenbids has contributed to the companys AI technology under the Perion One suite. Despite a 5% decline in CTV revenue, attributed to budget shifts, and a 4% overall net revenue decline, the company generated $21.3 million in operating cash flow. The cost of revenue rose by 15%, posing potential profitability challenges. The company expects full-year 2025 revenue to be between $430 million and $450 million.
PartnersAcquisition
growth-negative
Perion Network: Q2 Earnings Snapshot
Perion Network Ltd., a digital media company based in Tel Aviv, reported a loss of $3.5 million for its second quarter, equating to a loss of 8 cents per share. However, when adjusted for stock option expenses and amortization costs, earnings were 26 cents per share. The company posted revenue of $103 million, surpassing analysts expectations of $101.5 million. Perion Network anticipates full-year revenue to be between $430 million and $450 million. Despite the revenue beat, the reported loss indicates a growth-negative impact on the company.
growth-positive
Perion Network (PERI) Q2 Earnings and Revenues Surpass Estimates
Perion Network reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.17 per share, marking a 52.94% earnings surprise. The company also reported revenues of $102.98 million, surpassing the consensus estimate by 1.49%. Over the last four quarters, Perion Network has consistently exceeded earnings expectations three times. The companys shares have risen by about 20.5% since the start of the year, outperforming the S&P 500s gain of 8.6%. Despite the positive earnings report, the stock holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market in the near future.
growth-positive
Perion Launches Performance CTV Solution Designed to Capture Share in $36B+ High-Growth Streaming Ad Market
Perion Network Ltd. has launched its Performance CTV Solution, an expansion of the Perion One platform, aimed at capitalizing on the growing demand for measurable advertising results in Connected TV (CTV). This new solution allows advertisers to run data-driven campaigns across major streaming platforms like Hulu and Disney+, using Perions AI-powered technology to optimize creative content and attribution. The launch is expected to strengthen Perions position in the digital advertising market by providing outcome-driven solutions that link media investment to tangible KPIs. The company aims to capture budgets from performance-driven advertisers seeking premium inventory with measurable outcomes.
Product StageCustomers
growth-positive
Perion Reports Second Quarter 2025 Results
Perion Network Ltd. reported its financial results for Q2 2025, highlighting a revenue of $103 million and an 8% year-over-year growth in Advertising Solutions. Despite a decline in total revenue and search advertising revenue, the company showed strong cash flow and adjusted free cash flow. Perion is expanding its reach in the APAC and EMEA markets through strategic partnerships with KT Corporation and NHN AD. The company also launched a Performance CTV Solution to capture a share of the growing streaming ad market. Additionally, Anat Paran was appointed as the new COO. Perion repurchased 3.6 million shares for $33.4 million.
PartnersManagement ChangesExpand
growth-positive
Perion Partners with KT Corporation and NHN AD to Drive New Advertising Revenue in Korea’s High-Growth Programmatic Market
Perion Network Ltd. has announced strategic partnerships with KT Corporation and NHN AD, expanding its programmatic Digital Out-of-Home (DOOH) footprint in South Korea. This collaboration marks Perions first direct programmatic supply integrations in Korea, enhancing its presence in the rapidly growing APAC advertising market. The partnership involves implementing Perions Header Bidding technology with KT and leveraging NHN AD as a local activation partner. This initiative is expected to contribute to Perions revenue starting in Q4 2025 and aligns with the companys strategy to expand premium media supply in high-growth markets.
Partners
Perion Announces Participation in Leading Investor Conferences in August and September 2025
growth-positive
Perion to Announce Second Quarter 2025 Financial Results and Progress on the Perion One Strategy
Perion Network Ltd., a leader in advanced advertising technology, announced the early termination of its shareholders rights plan, which was initially adopted to protect shareholder interests after a decline in share price. The termination reflects the companys confidence in its growth trajectory and commitment to long-term value creation. Perion plans to release its Q2 2025 financial results on August 11, 2025. The company is focused on enhancing marketing investments through its Perion One platform, which aims to improve digital advertising effectiveness. The article also mentions potential risks and uncertainties, including geopolitical tensions and market fluctuations, that could impact Perions future performance.
growth-positive
Genius Sports Limited (GENI) Surges 8.4%: Is This an Indication of Further Gains?
Genius Sports Limited experienced an 8.4% increase in its stock price, closing at $10.47, driven by high trading volume. The company is seeing growth due to its advanced technology solutions and expanded partnerships with organizations like the NCAA and the English Premier League. Innovative products such as GeniusIQ, BetVision, and SAOT are contributing to revenue growth. The company is expected to report quarterly earnings of $0.01 per share, a 111.1% year-over-year increase, with revenues projected at $118.96 million, up 24.6% from the previous year. The stock holds a Zacks Rank #3 (Hold), indicating potential for future growth.
PartnersCustomers
growth-negative
Implied Volatility Surging for Perion Network (PERI) Stock Options
The article discusses the recent high implied volatility in the options market for Perion Network Ltd., specifically the Jan. 16, 2026 $50 Put. This suggests that investors expect significant movement in the stock price, potentially due to an upcoming event. Perion Network is currently ranked as a Zacks Rank #4 (Sell) in the Internet – Content industry, with mixed earnings estimates from analysts. The implied volatility indicates a potential trading opportunity, as options traders might sell premium to capture decay. The article also mentions Zacks Investment Researchs approach to trading strategies that can reduce risk while offering profit potential.
growth-negative
Perion Network First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Perion Network reported a significant decline in revenue and a net loss for the quarter, with revenue down 43% from the previous year and a net loss of $8.35 million. Despite missing earnings per share estimates by 38%, the companys revenue exceeded analyst expectations by 1.5%. Looking forward, Perion Networks revenue is projected to grow at an average rate of 7.5% annually over the next two years, outpacing the US media industrys forecasted growth of 2.9%. The companys shares have risen by 12% over the past week. The article also highlights the potential impact of AI on healthcare and mentions that Perion Network is among 20 stocks under $10 billion market cap working on AI-related projects.
growth-negative
Morning Movers: UnitedHealth sinks following CEO exit and outlook suspension
UnitedHealth Group experienced a significant stock decline of 10% following the resignation of CEO Andrew Witty. Former CEO Stephen Hemsley will step in as the interim leader. The company also suspended its financial outlook due to rising medical costs, contributing to the negative market reaction. This management change and financial uncertainty have impacted the companys growth prospects negatively. The broader market showed mixed signals, with stock futures indicating a potential pause after a recent rally driven by optimism over a U.S.-China trade deal.
Management Changes
growth-positive
Perion Network Ltd (PERI) Q1 2025 Earnings Call Highlights: Strategic Growth and Raised ...
Perion Network Ltd reported strong financial results for Q1 2025, with total revenue of $89.3 million and significant growth in its digital out-of-home and CTV channels. The company announced the strategic acquisition of Greenbids to enhance its AI capabilities and expand its market reach. Despite a GAAP net loss of $8.3 million, Perion raised its full-year 2025 revenue and adjusted EBITDA guidance, reflecting confidence in its growth trajectory. The company maintains a strong cash position, allowing for strategic investments and shareholder returns. Challenges remain in the web revenue segment, which declined by 28% year-over-year.
Acquisition
growth-negative
Perion Network: Q1 Earnings Snapshot
Perion Network Ltd., a digital media company based in Tel Aviv, reported a loss of $8.3 million in its first quarter, translating to a loss of 19 cents per share. However, when adjusted for one-time gains and costs, the earnings came to 11 cents per share. The company posted revenue of $89.3 million for the period and expects full-year revenue to be between $430 million and $450 million. The report was generated using data from Zacks Investment Research.
growth-positive
Perion Acquires an Advanced AI Company to Accelerate Market Share Expansion and Growth
Perion Network Ltd. has acquired Greenbids, an AI platform that enhances advertising capabilities through custom algorithms for campaign optimization. This acquisition is expected to strengthen Perions performance-driven advertising solutions across major channels, including YouTube, Facebook, and Instagram. Greenbids technology, which is already used by over 80 brands such as Spotify, Ford, and Accor, will be integrated into Perions platform to improve client retention and revenue. The acquisition expands Perions market reach and enhances its ability to deliver customized advertising solutions globally.
AcquisitionCustomersPartners
growth-positive
Perion Reports First Quarter 2025 Results, Raising Full Year 2025 Outlook
Perion Network Ltd. reported strong financial results for Q1 2025, with significant growth in digital out-of-home, CTV, and retail media. The company announced the acquisition of Greenbids, an AI-first company, to enhance its capabilities in performance advertising. This acquisition is expected to expand Perions market reach and improve customer retention. The company also launched a partnership with The Trade Desk to enhance industry interoperability and announced an expanded share repurchase program to increase shareholder value.
AcquisitionPartnersCustomers
growth-positive
Perion acquires AI platform Greenbids for $65m
Perion Network, an Israeli ad-tech company, has acquired Greenbids, an AI platform specializing in custom bidding algorithms for campaign optimization across platforms like YouTube, Facebook, and Instagram. The acquisition, valued at up to $65 million, includes an initial cash payment and future earnouts. This move is expected to enhance Perions ability to deliver performance-based advertising at scale, increase market share, and drive higher client retention. Greenbids technology will be integrated into Perions existing platform, expanding its market reach and optimizing media investments. The acquisition brings a client base of over 80 brands, including Spotify, Ford, and Accor. The integration is set to boost Perions revenue and EBITDA, positioning it as a leader in the advertising technology space.
AcquisitionCustomersPartners
growth-positive
Perion Network (PERI) Tops Q1 Earnings and Revenue Estimates
Perion Network reported quarterly earnings of $0.11 per share, surpassing the Zacks Consensus Estimate of $0.09 per share, marking an earnings surprise of 22.22%. The company also reported revenues of $89.34 million, exceeding the consensus estimate by 1.53%. Despite a decline in year-over-year earnings and revenue, Perion Network has outperformed the market with a 13% increase in share value since the beginning of the year. The companys future stock performance will depend on managements commentary and earnings outlook. The current consensus EPS estimate for the next quarter is $0.19 with revenues of $91.83 million. Perion Network holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
growth-positive
Intellinetics (INLX) Moves 11.0% Higher: Will This Strength Last?
Intellinetics, Inc. (INLX) saw its shares rise by 11% in the last trading session, closing at $14.47. This increase is attributed to strong growth in its Payables Automation Solution and expansion into new markets like K-12. The company is investing in sales and marketing to drive future revenue growth. Despite the positive stock movement, Intellinetics is expected to report a quarterly loss of $0.07 per share, a 75% decrease year-over-year, with revenues expected to rise by 2% to $4.6 million. The stock holds a Zacks Rank #3 (Hold), and its recent performance suggests potential for future strength.
CustomersExpand
growth-negative
Analysts Estimate Perion Network (PERI) to Report a Decline in Earnings: What to Look Out for
Perion Network is expected to report a year-over-year decline in earnings and revenues for the quarter ending March 2025. The company is anticipated to post quarterly earnings of $0.09 per share, representing a 79.6% decrease from the previous year, with revenues expected to be $88 million, down 44.2%. The earnings report, scheduled for release on May 13, 2025, could influence the stock price depending on whether the actual results meet or exceed expectations. The Zacks Earnings ESP model suggests that a positive Earnings ESP reading could indicate a potential earnings beat, especially when combined with a strong Zacks Rank.
growth-positive
Perion Announces Conference Participation in May 2025
Perion Network Ltd., a leader in advanced advertising technology, announced its participation in two upcoming conferences: the 20th Annual Needham Technology, Media & Consumer 1x1 Conference in New York on May 13th and the Oppenheimer 26th Annual Israeli Conference in Israel on May 18th. The companys CEO, Tal Jacobson, and CFO, Elad Tzubey, will host one-on-one meetings with investors. Additionally, Jacobson and CRO Stephen Yap will participate in a fireside chat at the Needham conference. The events aim to engage with investors and showcase Perions advanced digital advertising solutions, which enhance marketing investments by connecting data, creative, and channels.
growth-negative
Those who invested in Perion Network (NASDAQ:PERI) five years ago are up 89%
Perion Network Ltd. has experienced a significant increase in its share price over the past five years, with an 89% rise, slightly outperforming the market. However, the past year has seen a 28% decline in its stock price, contrasting with a market gain of about 12%. Despite the drop in earnings per share by 11% annually, the company has achieved a compound revenue growth rate of 19% over the same period. This suggests a focus on revenue growth over earnings growth. Long-term shareholders have seen a 14% annual gain over five years, indicating potential for long-term growth despite recent setbacks.
growth-positive
Perion Unveils Performance Results of Next-Gen AI-Powered Ad Experience, Driving Double-Digit Engagement Lift
Perion Network Ltd. has launched a new advertising experience powered by generative AI, which integrates a bespoke chatbot into ad formats to enhance user engagement. This innovative technology was first utilized by Visit Savannah, resulting in a 14% increase in user engagement. The chatbot provides real-time, personalized interactions, bridging the gap between advertising and conversational AI. This development is part of Perions Perion One strategy, which unifies its brands and technologies into an AI-powered platform. The successful implementation with Visit Savannah highlights the potential of this technology to transform advertising by offering hyper-personalized content.
Partners
growth-positive
Is Perion Network (PERI) Stock Undervalued Right Now?
The article discusses Perion Network (PERI), highlighting its strong position as a value stock according to Zacks Investment Research. PERI holds a Zacks Rank of #2 (Buy) and a Value grade of A, indicating it is undervalued compared to its industry peers. The companys P/E, P/S, and P/CF ratios are all favorable, suggesting that its stock is currently undervalued. These metrics, combined with a strong earnings outlook, make PERI an attractive option for value investors. The article emphasizes the importance of these financial metrics in identifying undervalued stocks and suggests that PERI is a strong candidate for investment.
growth-positive
Is Dassault Systemes (DASTY) Stock Outpacing Its Computer and Technology Peers This Year?
Dassault Systemes SA, a member of the Computer and Technology sector, is currently outperforming its peers with a year-to-date gain of about 9.4%, compared to the sectors average return of -16.7%. The company holds a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. Over the past 90 days, the Zacks Consensus Estimate for Dassault Systemes full-year earnings has increased by 1.5%, reflecting stronger analyst sentiment. The company is part of the Computer - Software industry, which has lost an average of 12.7% this year, further highlighting Dassault Systemes strong performance. Investors are advised to keep an eye on Dassault Systemes and Perion Network, another strong performer in the sector.
growth-positive
Perion Network (PERI) Soars 6.9%: Is Further Upside Left in the Stock?
Perion Networks shares rose by 6.9% to $8.68 in the last trading session, driven by higher-than-average trading volume. The company is experiencing rapid growth in its Digital out-of-Home, CTV, and Retail Media advertising segments, powered by its AI-driven Perion One platform. Despite the positive stock performance, the company is expected to report a quarterly earnings decline of 79.6% year-over-year, with revenues projected to drop by 45.9%. The stock holds a Zacks Rank #2 (Buy), indicating potential for further growth. The article also mentions Yelp, another company in the same industry, which has seen a slight decline in stock performance.
growth-positive
PERI or RELX: Which Is the Better Value Stock Right Now?
The article compares Perion Network (PERI) and RELX PLC (RELX) in terms of value investing, highlighting that both companies have a Zacks Rank of #2 (Buy), indicating positive earnings outlooks. However, Perion Network is identified as the superior value option due to its favorable valuation metrics, such as a forward P/E ratio of 8.55, a PEG ratio of 0.39, and a P/B ratio of 0.58. These metrics suggest that PERI is undervalued compared to RELX, which has higher ratios. The article emphasizes the importance of these metrics for value investors and suggests that PERI offers a better investment opportunity.
growth-positive
Perion Announces Preliminary First Quarter 2025 Results
Perion Network Ltd., a leader in advanced advertising technology, announced preliminary financial results for Q1 2025, expecting revenue of $88 million and adjusted EBITDA of $1.5 million. The results indicate a strong start to the year, driven by the companys growth engines and the successful launch of the Perion One strategy, which focuses on a unified, AI-driven approach for sustainable growth. CEO Tal Jacobson expressed confidence in the strategys effectiveness. The company plans to release full financial results on May 13, 2025, followed by a conference call. The preliminary results are based on current estimates and may change after financial closing procedures.
growth-negative
Is It Too Late To Consider Buying Perion Network Ltd. (NASDAQ:PERI)?
Perion Network Ltd. has experienced a recent increase in share price on the NASDAQGS, rising over 10% in the past couple of months. Despite this rally, the stock is still below its yearly peak. Analysts suggest that the stock is fairly priced, trading at about 13.44% above its intrinsic value. However, with a high beta, the stock is expected to be more volatile than the market, potentially offering buying opportunities if the market turns bearish. The companys future outlook appears uncertain, with a negative double-digit change in profit expected over the next few years, making it a less attractive option for growth-focused investors.
growth-positive
Perion Network Adopts Limited Duration Shareholder Rights Plan Designed to Protect Shareholders’ Interests and Maximize Long-Term Value
Perion Network Ltd. has announced the adoption of a limited duration shareholder rights plan, effective immediately, to protect the interests of its shareholders. The plan aims to prevent any entity from gaining control of the company without fairly compensating shareholders or allowing the Board sufficient time to make strategic decisions. This move is in response to the companys belief that its current share price does not reflect its intrinsic value and long-term growth potential. The plan will issue one right for each ordinary share outstanding as of April 14, 2025, and these rights become exercisable if an entity acquires 13% or more of the companys shares without Board approval.
growth-positive
Should Value Investors Buy Perion Network (PERI) Stock?
The article discusses Perion Network (PERI), highlighting its strong value as a stock. It is currently ranked #2 (Buy) by Zacks and has an A grade for Value. The stocks P/E, P/S, and P/CF ratios are favorable compared to industry averages, indicating it may be undervalued. The article emphasizes the importance of these metrics in value investing and suggests that PERI is a strong pick due to its earnings outlook and current valuation. The article is aimed at value investors looking for stocks that are undervalued based on fundamental analysis.
growth-positive
PERI vs. RELX: Which Stock Is the Better Value Option?
The article compares Perion Network (PERI) and RELX PLC (RELX) as potential value investments. Both companies have a Zacks Rank of #2 (Buy), indicating positive earnings estimate revisions. However, Perion Network is highlighted as the superior value option due to its lower forward P/E ratio of 8.02 and a PEG ratio of 0.36, compared to RELXs forward P/E of 30.01 and PEG ratio of 2.93. Additionally, PERIs P/B ratio of 0.54 is more favorable than RELXs 20.95. The article suggests that Perion Network offers better value for investors looking for undervalued stocks.
growth-negative
Perion Network Full Year 2024 Earnings: EPS Misses Expectations
The article discusses the financial performance of Perion Network, highlighting a significant decline in revenue and net income compared to the previous fiscal year. Revenue decreased by 33% to $498.3 million, and net income dropped by 89% to $12.6 million. The profit margin also fell from 16% to 2.5%. Earnings per share (EPS) missed analyst estimates by 13%, dropping from $2.44 to $0.27. Despite these declines, the companys revenue was in line with analyst estimates, with the U.S. segment contributing 75% of total revenue. Looking forward, Perion Networks revenue is expected to decline by 6.3% annually over the next two years, contrasting with the expected 2.5% growth in the U.S. media industry.
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Perion Announces Filing of Annual Report on Form 20-F for Fiscal Year 2024
Perion Network Ltd., a leader in advanced technology for modern advertising, announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report includes audited consolidated financial statements and is available on Perions website. The company provides advanced technology across digital channels to improve marketing investments. The press release also contains forward-looking statements, highlighting potential risks and uncertainties, including geopolitical tensions and integration challenges from acquisitions. The company does not assume any obligation to update these statements.
growth-negative
Is the Options Market Predicting a Spike in Perion Network (PERI) Stock?
The article discusses the recent high implied volatility in the options market for Perion Network Ltd. (PERI), particularly focusing on the April 17, 2025 $2.5 Call. This high volatility suggests that investors expect significant movement in the stock price, potentially indicating an upcoming event that could cause a major rally or sell-off. Despite being ranked as a Zacks Rank #2 (Buy) in the Internet – Content industry, the companys earnings estimates for the current quarter have been revised downwards by analysts. This situation presents a trading opportunity for options traders who might sell premium to capture decay, hoping the stock does not move as much as expected.
growth-positive
Perion Announces Adoption of Unified ID 2.0 Powered by The Trade Desk to Bridge First-Party Data and Omnichannel Scale
Perion Network Ltd. has announced its adoption of Unified ID 2.0 (UID2), a tool that enables advertisers to target audiences effectively in a cookieless environment. This move aligns with Perions strategy to enhance digital marketing and advertising effectiveness while prioritizing user privacy. The adoption of UID2, powered by The Trade Desk, allows for the conversion of first-party data into a secure identifier, facilitating personalized advertising without compromising user trust. This partnership emphasizes Perions commitment to responsible data practices and future readiness in the evolving digital landscape.
Partners
growth-positive
Are Investors Undervaluing Perion Network (PERI) Right Now?
The article discusses Perion Network (PERI), highlighting its strong value as a stock according to Zacks Investment Research. The company is currently rated with a Zacks Rank of #2 (Buy) and an A grade in the Value category. It has a Forward P/E ratio of 8.30, which is lower than the industry average of 22.78, indicating that the stock may be undervalued. Additionally, its P/S ratio of 0.79 is also below the industry average of 0.9. These metrics suggest that Perion Network is an attractive option for value investors, especially when considering its earnings outlook.
growth-positive
With 59% ownership of the shares, Perion Network Ltd. (NASDAQ:PERI) is heavily dominated by institutional owners
The article discusses the significant influence institutional investors have on Perion Network Ltd. (NASDAQ:PERI), with institutions owning 59% of the companys shares. This level of ownership suggests a strong vote of confidence in the companys future prospects. Phoenix Investments & Finances Ltd is identified as the largest shareholder, owning 8.7% of the shares. The article highlights that institutional ownership can greatly influence board decisions and stock performance, although it also cautions that institutional investors can sometimes make incorrect assessments. Overall, the substantial institutional ownership is seen as a positive indicator of the companys credibility and potential growth.
growth-positive
Perion Expands its Current Share Repurchase Program to a Total of $125 Million
Perion Network Ltd., a leader in advanced advertising technology, announced an expansion of its share repurchase program by $50 million, bringing the total to $125 million. This decision reflects the companys confidence in its financial health and strategic direction, particularly in the Perion One platform. The program, which has an indefinite term, allows for share repurchases based on market conditions and other factors. The expansion is contingent upon the issuance of the companys audited financial report for 2024. Perions CEO, Tal Jacobson, emphasized the companys strong balance sheet and the undervaluation of its shares. The article also highlights potential risks, including geopolitical tensions and integration challenges from acquisitions.
growth-positive
PERI or RELX: Which Is the Better Value Stock Right Now?
The article compares two Internet content stocks, Perion Network (PERI) and RELX PLC (RELX), to determine which offers better value for investors. Both companies have a Zacks Rank of #2 (Buy), indicating an improving earnings outlook. However, Perion Network stands out as the superior value option due to its favorable valuation metrics, including a forward P/E ratio of 8.39, a PEG ratio of 0.38, and a P/B ratio of 0.57. In contrast, RELX has higher ratios, suggesting it may be less undervalued. The article emphasizes the importance of these metrics for value investors seeking undervalued stocks.
growth-negative
Why Perion Network Stock Crumbled This Week
Perion Network recently released its quarterly earnings report, which led to a significant decline in its stock price. The company reported a 45% year-over-year decrease in total sales for the fourth quarter, with search advertising revenue falling by 78% and advertising solutions declining by 13%. Despite a 70% drop in non-GAAP net income, the earnings per share beat analyst estimates. However, the companys full-year 2025 revenue guidance of $400 million to $420 million fell short of analysts expectations of nearly $469 million. This has resulted in a negative market reaction, with analysts lowering their price targets.
growth-negative
Need To Know: Analysts Just Made A Substantial Cut To Their Perion Network Ltd. (NASDAQ:PERI) Estimates
Perion Network Ltd. is facing a challenging outlook as analysts have significantly downgraded their revenue and earnings per share (EPS) forecasts for the company. The revised estimates predict a substantial 18% decline in revenues to US$411 million and a 64% drop in EPS to US$0.094 by 2025. This marks a stark contrast to previous projections of US$469 million in revenues and US$0.21 EPS. Despite these downgrades, the analysts have not altered their price target of US$9.75, indicating that the long-term valuation may remain stable. However, Perion Network is expected to underperform compared to the industry, which is projected to grow by 2.7% annually. The companys declining profit margins and slower growth relative to the market are key concerns.
growth-negative
Perion Network Ltd (PERI) Q4 2024 Earnings Call Highlights: Navigating Challenges with ...
Perion Network Ltd reported a 33% decrease in full-year revenue for 2024, primarily due to a decline in search revenue and the non-renewal of its contract with Microsoft Bing. Despite challenges, the company saw strong growth in its digital out-of-home, CTV, and retail media sectors. Perion introduced the Perion One strategy to unify its technologies and business units, aiming to enhance efficiency and attract customers. The company strengthened its leadership team with executives from Google, Criteo, and Samsung Ads. However, adjusted EBITDA decreased significantly, and the company is undergoing headcount reductions as part of operational streamlining. Perion provided a cautious revenue outlook for 2025, expecting $400 million to $420 million.
CustomersManagement ChangesLayoffs
growth-negative
Why Perion Network Stock Is Plummeting Today
Perion Networks stock experienced a significant decline following the release of its fourth-quarter results, which fell short of Wall Street expectations. The company reported adjusted earnings per share of $0.33 on sales of $129.6 million, missing the average analyst revenue estimate by approximately $840,000. Year-over-year, sales decreased by 44.7%, and adjusted earnings per share dropped by 68%. The companys guidance for the upcoming year also disappointed investors, with projected sales between $400 million and $420 million, significantly below the expected $468.8 million. Despite the current challenges, Perion is focusing on its new Perion One platform and AI initiatives to drive long-term growth.
growth-positive
Perion Reports Fourth Quarter and FY 2024 Results
Perion Network Ltd., a leader in advanced advertising technology, reported a 57% year-over-year growth in its Digital Out of Home (DOOH) segment. The company announced the Perion One strategy, which aims to unify its brands and technologies into a single platform, leveraging AI for operational efficiency and scaled growth. This strategy is expected to position Perion as a preferred partner for brands, agencies, and retailers. The company also made significant management changes, appointing Stephen Yap as Chief Revenue Officer, Kenny Lau as Chief Product Officer, and Mina Naguib as Chief Technology Officer. With a strong balance sheet, Perion is focused on expanding its platform to drive future growth.
Management Changes
growth-positive
Perion Network (PERI) Q4 2024 Earnings Call Transcript
Perion Networks Q4 2024 earnings call highlighted a pivotal year marked by the launch of the Perion One strategy, aimed at unifying its technologies and business units under a single platform. This strategy focuses on AI development for customer-facing products and operational efficiency, targeting the fragmented $700 billion advertising industry. The company reported strong growth in digital out-of-home, CTV, and retail media, outpacing market growth. Management changes were announced, with new leaders joining from Google, Criteo, and Samsung Ads. Despite a challenging year, Perion ended 2024 profitably, with plans to streamline operations and reduce headcount in early 2025 to enhance efficiency and margins.
Management ChangesLayoffsPartners
growth-positive
Perion Network Ltd. (PERI) Reports 45% Q4 Revenue Drop, Unveils AI-Powered ‘Perion One’ Strategy for Future Growth
xAI has launched its updated Grok 3 AI model, which is claimed to outperform competitor models like Gemini, GPT-4o, Claude 3.5, and DeepSeek’s V3 in math, science, and coding benchmarks. The new features include advanced web searching, coding abilities for online games, and a big brain mode for complex problems. This launch is part of the global AI race, with significant advancements also being made in China, particularly in quantum computing. Analysts warn of potential data-driven surveillance risks associated with quantum communications. The article also discusses the interest of hedge funds in AI stocks, highlighting the potential for market outperformance by following top hedge fund picks.
growth-negative
Perion Network: Q4 Earnings Snapshot
Perion Network Ltd., a digital media company based in Holon, Israel, reported a fourth-quarter profit of $4.9 million, translating to 11 cents per share. Adjusted earnings were 33 cents per share. The company posted revenue of $129.6 million, slightly below the $129.8 million forecast by analysts surveyed by Zacks. For the full year, Perion Network reported a profit of $12.6 million and revenue of $498.3 million. The company anticipates full-year revenue for the next year to be between $400 million and $420 million. The article was generated by Automated Insights using data from Zacks Investment Research.
growth-negative
Perion Network (PERI) Q4 Earnings and Revenues Miss Estimates
Perion Network reported quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.34 per share, and a significant drop from $1.04 per share a year ago. The company also reported revenues of $129.58 million, slightly below the consensus estimate of $129.84 million, and a decrease from $234.23 million in the previous year. Despite these misses, Perion Network shares have increased by about 15% since the start of the year, outperforming the S&P 500s 4% gain. The companys future stock performance will largely depend on managements commentary and earnings outlook. Currently, Perion Network holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
growth-negative
Some Investors May Be Worried About Perion Network's (NASDAQ:PERI) Returns On Capital
The article analyzes Perion Networks financial performance, focusing on its Return on Capital Employed (ROCE). The companys ROCE has decreased from 9.4% to 5.7% over the past five years, underperforming the media industry average of 9.9%. This decline, coupled with increased capital employment and reduced revenue, suggests a potential loss of competitive advantage or market share. Although the company has reduced its current liabilities to 16% of total assets, indicating less reliance on suppliers or short-term creditors, this has not translated into improved efficiency. Despite these challenges, Perion Networks stock has delivered a 13% return to shareholders over the last five years. However, the article suggests that better investment opportunities may exist elsewhere.
growth-negative
Perion Network Ltd. (PERI) Unveils ‘Perion One’ to Revolutionize Digital Advertising
The article discusses the impact of DeepSeeks AI models on the technology market, highlighting concerns over the use of US chips in Chinese AI technologies. DeepSeeks AI model has caused a significant market sell-off, raising questions about the sustainability of investments in AI by US tech giants. The companys chatbot, claimed to be cost-effective and competitive with OpenAI, has been criticized for low accuracy and spreading false information. The US Commerce Department is investigating potential violations of export controls, while Singapore denies any involvement in illegal chip exports to China.
growth-positive
Perion Announces Transformational ‘Perion One’ Strategy, Unifying All of Its Technologies and Brands
Perion Network Ltd. has announced the launch of its Perion One strategy, which aims to unify the companys brands and technologies into a single advanced platform. This transformation is designed to optimize the companys cost structure and enhance its scalability. The strategy will leverage AI to address modern marketing challenges and position Perion as a preferred partner for brands, agencies, and retailers. The company has also made significant leadership changes, including the appointment of Stephen Yap as Chief Revenue Officer, Kenny Lau as Chief Product Officer, and Mina Naguib as Chief Technology Officer. This strategic shift is expected to drive long-term growth and value for Perion and its stakeholders.
Management Changes
growth-positive
Perion Appoints Google Veteran Stephen Yap as Chief Revenue Officer
Perion Network Ltd. has appointed Stephen Yap as its new Chief Revenue Officer. Yap, a former Google executive with over 17 years of experience in developing and commercializing marketing platforms, is expected to lead Perions commercial efforts globally. The company is transitioning into an AI-powered marketing and advertising platform, aiming to enhance efficiency, transparency, and connectivity in the industry. Perions technology is designed to empower advertisers, agencies, and retailers to create omnichannel strategies. The appointment is seen as a strategic move to drive growth and innovation in the companys offerings.
Management Changes
Perion Network to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 19, 2025
growth-negative
Perion Network Ltd (PERI): AI-Powered Digital Advertising
The article discusses Perion Network Ltd. (NASDAQ:PERI) in the context of AI companies with a market cap under $2 billion. It highlights the potential and risks associated with AI, such as overreliance on key players and shifts in demand towards smaller competitors. The discussion on CNBCs Fast Money emphasized concerns about elevated expectations for AI, particularly in the chip market, and the risks of customer concentration. Broader market performance, earnings, and economic data are seen as critical factors influencing investor sentiment. The article also mentions a strategy of outperforming the market by imitating top hedge fund stock picks.
growth-positive
Perion Enhances Ad Targeting with Experian Collaboration
Perion Network Ltd. has announced a strategic collaboration with Experian to integrate Experian’s identity graph into its solutions. This partnership aims to enhance Perions cross-channel targeting capabilities, allowing for more personalized marketing strategies that increase engagement and conversions across devices and channels. Perion Network is a technology company focused on connecting advertisers with consumers through digital channels, offering creative and technological strategies to enhance brand presence. The collaboration is expected to improve digital advertising effectiveness, benefiting both brands and publishers. Despite a year-to-date price performance decline of 72.21%, Perions market cap stands at $405.9 million, with a technical sentiment consensus rating of Buy.
Partners
growth-positive
Perion Announces Collaboration with Experian to Enhance Cross-Channel Targeting and Attribution
Perion Network Ltd. announced a strategic collaboration with Experian to integrate Experians identity graph into Perions advertising solutions. This integration enhances Perions cross-channel and cross-device targeting and attribution capabilities, improving customer engagement throughout the customer journey. The collaboration aims to provide advertisers with advanced digital advertising tools and a more integrated user experience across devices. By leveraging Experians privacy-friendly digital identifiers, Perion can offer higher match rates and improved addressability, enabling advertisers to optimize campaigns and create personalized marketing strategies. This partnership is expected to boost Perions capabilities in delivering effective marketing solutions across Connected TV and the web.
Partners
Perion Network to Participate in the 27th Annual Needham Growth Conference on January 15th, 2025
growth-positive
Perion Announces Strategic Partnership with a360media to Boost Retail Media Technology for Premium Publishers such as Us Weekly, InTouch, and Life & Style
Perion Network Ltd. has launched a new retail media offering aimed at empowering premium publishers to tap into retail and commerce advertising budgets. This technology allows publishers to integrate retail media capabilities into their existing ad solutions, offering advertisers a combination of traditional and advanced retail media campaigns. The solution has already been adopted by a360media, which operates brands like Us Weekly and Life&Style. Perions technology enables targeted omnichannel advertising, enhancing consumer engagement throughout the shopping journey. The global retail media ad spending is projected to grow significantly, and Perions offering positions publishers to benefit from this trend. The partnership with a360media is highlighted as a significant step in delivering dynamic and localized advertising campaigns.
CustomersPartners
growth-positive
Perion Network Ltd.'s (NASDAQ:PERI) Intrinsic Value Is Potentially 81% Above Its Share Price
The article discusses the valuation of Perion Network Ltd. using a two-stage Discounted Cash Flow (DCF) model. The analysis suggests that Perion Network is currently undervalued by 45% based on its current share price of $8.62, with an estimated fair value of $15.56. This fair value is also 64% higher than the analyst price target of $9.50. The DCF model projects the companys cash flows over the next ten years, taking into account a higher growth period followed by a steady growth phase. The analysis highlights the potential attractiveness of Perion Network as an investment opportunity.
growth-positive
Why Perion Network (PERI) Is One of the Best AdTech Stocks to Buy?
The article discusses the position of Perion Network Ltd. in the AdTech market, highlighting the industrys growth potential. The global AdTech market is projected to grow significantly, driven by AI-driven personalization, privacy-centric advertising, and the dominance of video and mobile advertising. Technologies like AI and machine learning are enhancing audience segmentation and personalized ad experiences, boosting engagement and conversion rates. Programmatic advertising is expanding into new formats, including CTV and audio. The rise of data-driven influencer marketing and blockchain technology is expected to enhance transparency and reduce ad fraud. These trends indicate a positive growth trajectory for AI-oriented AdTech companies like Perion Network Ltd.
growth-positive
Perion Unveils Anyplace TV, Expanding Video & CTV Advertising Solutions Through Programmatic DOOH
Perion Network Ltd. has launched a new solution called Anyplace TV, which aims to unify digital out-of-home (DOOH) and connected TV (CTV) advertising environments. This innovation allows advertisers to extend their video campaigns beyond traditional channels to unique DOOH environments, enhancing reach and campaign effectiveness. The solution leverages Perions DOOH impression multiplier methodology through the Hivestack platform, ensuring guaranteed viewability and extensive reach across a global network. Perions CEO, Tal Jacobson, highlights the streamlined advertiser experience and cost efficiency as key benefits. The launch is timely, given the projected growth in video ad spend, and positions Perion as a leader in the evolving video advertising landscape.
growth-positive
There May Be Reason For Hope In Perion Network's (NASDAQ:PERI) Disappointing Earnings
The article discusses the recent earnings report of Perion Network Ltd., highlighting that despite soft profit numbers, there are promising signs for future profitability. The statutory profit was reduced by $9.4 million due to unusual items, which are often one-off in nature. This suggests that Perion Networks earnings potential may be understated, and an improvement in profit is expected next year. The article emphasizes the importance of considering more than just statutory profit figures to understand the companys true performance. It also mentions that the EPS has been moving in a positive direction over the last three years.
Perion Network Announces Conference Participation in November - December 2024
growth-negative
Perion Network Third Quarter 2024 Earnings: Beats Expectations
Perion Network reported a significant decline in its financial performance for the third quarter of 2023. Revenue dropped by 45% to $102.2 million, and net income fell by 94% to $2.11 million. The companys profit margin decreased from 18% to 2.1%, primarily due to lower revenue. Despite these declines, both revenue and earnings per share (EPS) exceeded analyst estimates. Looking forward, Perion Networks revenue is expected to decline by an average of 9.8% annually over the next three years, contrasting with the expected 3.6% growth in the US Media industry. The companys shares have risen by 11% over the past week. The article also mentions two warning signs for Perion Network, one of which is significant.
growth-positive
DraftKings, Dr Pepper stay live with new sports-focused CTV ad format
Perion, an ad-tech company, has launched a new AI-powered ad format for connected TV called Stay Live. This technology dynamically integrates brand ads into live events, optimizing placements for maximum viewer engagement without interrupting the action. Brands like DraftKings, Dr Pepper, and Oura have already utilized Stay Live, which is designed to enhance the viewing experience by placing ads during high engagement moments. The introduction of Stay Live is part of Perions strategy to capitalize on the growing CTV market, which saw a 19% revenue increase for the company in Q3 2024. This new format is expected to benefit advertisers by capturing consumer attention more effectively during live sports broadcasts.
Customers
growth-negative
Perion Network Ltd (PERI) Q3 2024 Earnings Call Highlights: Navigating Revenue Challenges with ...
Perion Network Ltd reported a significant 45% year-over-year decrease in revenue, primarily due to a 76% decline in search revenue. Despite this, the company saw strong growth in its digital out of home, retail media, and CTV segments, with increases of 63%, 62%, and 90% respectively. The company has integrated advanced AI technologies into its offerings, enhancing its competitive edge. Perion maintains a strong net cash position of $383.9 million, allowing for continued investment in technology and potential M&A activities. The non-renewal of the Microsoft Bing contract will impact future revenue, as it currently represents less than 5% of overall revenue. The company continues to expand partnerships with premium inventory providers, ensuring high-quality advertising placements.
CustomersPartners
growth-positive
Perion Network: Q3 Earnings Snapshot
Perion Network Ltd., a digital media company based in Holon, Israel, reported third-quarter earnings of $2.1 million, translating to a profit of 4 cents per share. Adjusted earnings were 23 cents per share, surpassing Wall Street expectations of 22 cents per share as estimated by Zacks Investment Research. The company also reported revenue of $102.2 million, exceeding the forecasted $99.9 million. Perion Network anticipates full-year revenue to be between $490 million and $510 million. The positive earnings and revenue results indicate a growth-positive impact for the company.
growth-negative
Perion Network (PERI) Tops Q3 Earnings and Revenue Estimates
Perion Network reported quarterly earnings of $0.23 per share, surpassing the Zacks Consensus Estimate of $0.22 per share, marking a 4.55% earnings surprise. However, this is a decrease from $0.84 per share a year ago. The company also reported revenues of $102.2 million, exceeding the consensus estimate by 2.28%, but down from $185.31 million a year ago. Despite surpassing earnings estimates three times in the last four quarters, Perion Networks stock has declined by about 72.6% since the beginning of the year, underperforming the S&P 500s gain of 21.2%. The companys future stock performance will depend on managements commentary and earnings outlook, with current estimates showing mixed revisions. The Zacks Rank for Perion Network stands at #3 (Hold), indicating expected market-aligned performance.
growth-negative
The past three years for Perion Network (NASDAQ:PERI) investors has not been profitable
Perion Network Ltd. has experienced a significant decline in its share price, dropping 71% over the past three years and 70% in the last year alone. Despite this, the company has shown positive growth in earnings per share (EPS) by 31% annually and revenue by 19% annually over the same period. The discrepancy between the share price and the companys financial performance suggests that market expectations may have been unrealistic or other factors may be influencing the share price. While the broader market gained 34% last year, Perion Networks shareholders faced substantial losses. However, long-term shareholders have seen a 10% annual gain over five years, indicating potential for future growth if fundamentals remain strong.
growth-negative
Perion Network (PERI) Q3 2024 Earnings Call Transcript
Perion Networks Q3 2024 earnings call highlighted a significant decline in revenue, primarily due to a 76% decrease in search revenue following changes by Microsoft Bing. Despite strong growth in digital out of home, retail media, and CTV, overall revenue decreased by 45% year-over-year. The company is focusing on AI-driven technologies and premium inventory to drive future growth. Perions contract with Microsoft Bing, which currently represents less than 5% of revenue, will not be renewed, impacting future revenue. The company is investing in technology and exploring M&A opportunities to rebuild and grow its business.
CustomersPartnersManagement Changes
growth-positive
Perion Reports Third Quarter 2024 Results
Perion Network Ltd., a technology leader in digital advertising, reported strong financial results for the third quarter of 2024, with significant growth in its Digital Out of Home (DOOH), Retail Media, and Connected TV (CTV) segments. DOOH revenue increased by 63% year-over-year, Retail Media by 62%, and CTV by 19%. However, the company faced a decline in Open Web Video and Search Advertising revenues, with the latter decreasing by 76%. Perions contract with Microsoft Bing, which contributes less than 5% of its revenue, will not be renewed after 2024. Despite this, Perion remains optimistic about its multi-channel strategy and expects to continue generating positive cash flow.
Customers
growth-negative
Zacks Value Investor Highlights: Rpc, Centerra Gold Autohome, KB Home and Perion Network
The article discusses a podcast episode from Zacks Value Investor, hosted by Tracey Ryniec, focusing on value investing strategies inspired by Warren Buffett and Ben Graham. The episode highlights the use of Zacks Research Wizard to screen for value stocks, identifying stocks that align with Buffett and Grahams investment philosophies. Rpc Inc., an oilfield services company, is mentioned as a value stock, despite its shares falling 21% year-to-date in 2024. The company is considered cheap with a forward P/E ratio of 11.4 and offers a dividend yield of 2.5%. The podcast aims to provide insights into value investing and stock selection.
growth-negative
Screening for Warren Buffett and Ben Graham Stocks
The article discusses value investing strategies inspired by Warren Buffett and Ben Graham, as shared in the Value Investor Podcast by Tracey Ryniec. Using Zacks Research Wizard, Tracey screens for stocks that align with the investment philosophies of these renowned investors. The podcast highlights Rpc Inc., an oilfield services company, as a Graham stock, noting its 21% decline in shares year-to-date despite its value status with a forward P/E ratio of 11.4 and a 2.5% dividend yield. The article also mentions Centerra Gold, a junior Canadian gold miner, which has seen a 20.1% increase in shares year-to-date. The focus is on identifying value stocks that pay dividends, without considering the Zacks Rank.
growth-negative
At US$8.02, Is Perion Network Ltd. (NASDAQ:PERI) Worth Looking At Closely?
Perion Network Ltd., a small-cap stock on NASDAQ, has experienced significant price fluctuations, ranging from US$7.70 to US$8.99. Currently trading at US$8.02, the stock is considered undervalued based on its price-to-earnings ratio of 4.94x, which is lower than the industry average of 13.98x. Despite this, the company faces a negative earnings growth outlook, increasing investment risk. Investors are advised to weigh the potential for future growth against the risks of negative earnings. The article suggests that while the stock may be a bargain now, its high volatility could lead to further price drops, offering another buying opportunity. The analysis is based on historical data and does not account for recent company announcements.
Perion Network to Announce Third Quarter 2024 Financial Results on November 6, 2024
growth-negative
Perion Network Ltd (PERI) Q2 2024 Earnings Call Highlights: Navigating Challenges with ...
Perion Network Ltd reported a challenging second quarter with a 39% year-over-year revenue decline to $108.7 million, primarily due to decreased search advertising revenue impacted by changes in Microsofts pricing mechanisms. Despite a GAAP net loss of $6.2 million and negative operating cash flow of $20.5 million, the company saw growth in its CTV and digital out-of-home businesses, with year-over-year increases of 42% and 41%, respectively. Retail media revenue also grew by 75%. Perion is focusing on transitioning from an advertising company to a technology solutions provider, leveraging its strong cash position for organic investments and M&A activities. The company aims to acquire profitable, technology-focused companies to enhance its offerings.
Partners
growth-neutral
Perion Network Ltd. (NASDAQ:PERI) is largely controlled by institutional shareholders who own 63% of the company
The article discusses the ownership structure of Perion Network, highlighting that institutional investors hold a significant stake, with 63% ownership. The largest shareholder is Harel Insurance Investments and Finances Services Ltd, holding 10% of shares. The top 22 shareholders collectively own 50% of the company. The article emphasizes the influence of institutional investors on the companys stock price and the potential risks involved if large investors decide to sell their shares simultaneously. It also touches on insider and general public ownership, noting that insiders hold a small portion of shares. The article suggests that while institutional ownership can indicate credibility, it is not a guarantee of stock performance.
growth-negative
Is Perion Network, Ltd. (PERI) the Worst Marketing Stock to Buy?
Perion Network, Ltd. (NASDAQ:PERI) is highlighted as one of the worst marketing stocks to buy. Despite the companys advancements in digital advertising technology and securing crucial partnerships, it faces challenges in a saturated market. The article discusses the broader marketing sectors growth, driven by macroeconomic improvements and events like the Paris Olympics and US elections. Perions recent acquisition of Hivestack and its efforts in CTV solutions are noted, but the company is still ranked poorly compared to AI stocks, which are seen as more promising for higher returns.
AcquisitionPartnersCustomers
growth-positive
Perion Network Ltd. (PERI): The Best Small Cap AI Stock To Buy According to Short Sellers?
Perion Network Ltd. (NASDAQ:PERI) is highlighted as one of the top small-cap AI stocks to buy according to short sellers. The company specializes in digital advertising products and services, leveraging AI for personalized and effective solutions. Perion recently acquired Hivestack to enhance its programmatic digital out-of-home capabilities and executed successful omni-channel campaigns for clients like Colorado Tourism. The company reported $108.69 million in Q2 2024 revenue, exceeding analyst expectations despite a year-over-year decrease. Leadership changes include Maoz Sigron being promoted to COO and Elad Tzubery becoming the new CFO. Perions commitment to innovation and strategic partnerships is driving strong growth.
AcquisitionManagement ChangesPartnersCustomers
growth-positive
The Returns At Perion Network (NASDAQ:PERI) Aren't Growing
The article discusses the Return on Capital Employed (ROCE) of Perion Network, highlighting that the company has maintained a stable ROCE of 11% over the past five years while increasing its capital employed by 290%. This indicates that Perion Network has been reinvesting its capital at decent rates of return, which is a positive sign for long-term growth. Although the stock has only gained 35% over the last five years, the companys consistent reinvestment strategy suggests potential for future growth. The article also mentions that Perion Network has some risks, with two warning signs noted.
Perion Network Announces Conference Participation in August-September 2024
growth-positive
Some Investors May Be Willing To Look Past Perion Network's (NASDAQ:PERI) Soft Earnings
Perion Network Ltd.s recent earnings report was disappointing for shareholders due to a US$11m expense attributed to unusual items. However, analysts believe that this could be a temporary setback and expect the company to produce a higher profit next year, assuming these unusual expenses do not recur. The companys earnings per share are also growing strongly. However, there are some risks involved, with 3 warning signs spotted for Perion Network.
Investment
Growth-Negative
Perion Network Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Perion Network has reported its Q2 2024 results, showing a significant decline in revenue and net profit. The companys revenue was $108.7m, down 39% from Q2 2023, and it reported a net loss of $6.21m, compared to a profit of $21.4m in the same period last year. The companys earnings per share also fell, from a profit of $0.46 in Q2 2023 to a loss of $0.13 in the recent quarter. Looking ahead, the companys revenue is expected to decline by an average of 23% per annum over the next two years.
Customers
growth-negative
Perion Network (PERI) Q2 2024 Earnings Call Transcript
Perion Network held its Q2 2024 earnings call, discussing its financial results and future plans. The company reported a decrease in revenue and adjusted EBITDA, attributing the decline to changes in the search distribution marketplace by Microsoft Bank and a reduction in its OpenWeb video and display standard formats. However, the companys retail media, CTV, and digital out-of-home sectors continued to outperform the market. The company also announced management changes, with CFO Maoz Sigron being promoted to COO and Senior Vice President of Finance Elad Tzubery being promoted to CFO.
Management Changes
growth-negative
Perion Network (PERI) Reports Q2 Earnings: What Key Metrics Have to Say
Perion Network reported a revenue of $108.69 million for the quarter ended June 2024, a 39.1% decrease from the same period last year. The EPS was $0.26, compared to $0.84 in the year-ago quarter. The reported revenue was a surprise of +1.60% over the Zacks Consensus Estimate of $106.98 million. The EPS surprise was +18.18%. The companys stock has returned -1.4% over the past month. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Customers
Growth-Negative
Perion Network (PERI) Tops Q2 Earnings and Revenue Estimates
Perion Network reported quarterly earnings of $0.26 per share, surpassing the Zacks Consensus Estimate of $0.22 per share. However, this is a decrease from earnings of $0.84 per share a year ago. The company posted revenues of $108.69 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.60%. This is a decrease from year-ago revenues of $178.47 million. Perion Network shares have lost about 72.4% since the beginning of the year. The companys earnings outlook is unfavorable, translating into a Zacks Rank #4 (Sell) for the stock.
Perion Reports Second Quarter 2024 Results
Growth-Negative
Perion Network: Q2 Earnings Snapshot
Perion Network Ltd. reported a loss of $6.2 million in its second quarter, with a loss of 13 cents per share. However, the adjusted earnings were 26 cents per share, surpassing the average estimate of 22 cents per share by three analysts surveyed by Zacks Investment Research. The digital media company also posted revenue of $108.7 million in the period, exceeding the expected $107 million by four analysts surveyed by Zacks. Perion Network expects full-year revenue in the range of $490 million to $510 million.
Investment
growth-negative
Perion Network (PERI) to Report Q2 Earnings: What to Expect
Perion Network is set to release its Q2 2024 results, with revenues expected to be between $106-$108 million, a decline of 40.06% from the same quarter last year. The companys performance is likely to have been boosted by its digital advertising industry, with substantial growth in its retail media solutions and Connected TV (CTV) advertising segment. However, a decline in search advertising revenues is expected due to changes in Microsoft Bings advertising pricing and mechanisms.
CustomersPartners
growth-positive
3 Small-Cap Stocks Ready to Transform $1,000 Into $10K
The article discusses the growth potential of three small-cap stocks: RCM Technologies, UiPath, and Perion Network. RCM Technologies, a company specializing in engineering consulting and staffing services, has seen a 7.2% annual increase in revenue and a 27.1% surge in gross profit in its engineering segment. UiPath, a leader in robotic process automation, has seen a 21% annual growth in annual recurring revenue and ended the quarter with approximately 10,800 customers. Perion Network, a company specializing in digital advertising and programmatic platforms, has seen a 9% annual growth in its consolidated top line.
CustomersExpand
Perion Network to Announce Second Quarter 2024 Financial Results on July 31, 2024
growth-positive
3 Smart Stocks to Buy if You Want to Turn $5K into $50K in 2 Years
The article discusses three high-growth stocks that could potentially turn a $5,000 investment into $50,000 in two years. These companies are UiPath, a leading robotic process automation software provider with a growing number of high-value clients; Perion Network, a leader in digital advertising solutions with diverse revenue sources; and RCM Technologies, a company operating in diversified sectors such as healthcare, education, life sciences, energy services, and aerospace and defense. All three companies have shown strong fundamentals and strategic efforts that support long-term wealth development goals.
CustomersPartnersExpand
growth-negative
Perion embarks on layoffs after revenue takes hit | CTech
Perion Network, an Israeli software company, is undergoing a cost-cutting and streamlining process due to changes in Microsofts advertising rules on its search engine, Bing. This has significantly impacted Perions revenues, leading to the layoff of 35 employees, primarily from the search division in Israel. This represents a 15% reduction in the companys Israeli workforce. Bings decision to remove several advertisers from its network will result in Perions revenue from its collaboration with Microsoft falling to less than 5% of its total revenue in the second half of 2024.
LayoffsCustomers
Top 3 Growth Stocks to Buy and Hold Until 2028
Growth-Positive
3 Under-$15 Stocks Predicted to Triple by 2026: June Edition
The article discusses the potential growth of three off-radar stocks, GrafTech, Denny’s, and Perion Networks, which are currently trading under $15. These companies have seen their share prices tumble over the past year but are predicted to make a major comeback by 2026 due to more conducive macroeconomic policy. GrafTech, a graphite and carbon-based solutions manufacturer, has seen its fortunes fade due to a weakening auto market. Denny’s, a classic American dining chain, has struggled since the pandemic. Perion Networks, a digital advertising platform, has seen a slowdown in revenues and multiple weak earnings reports.
CustomersManagement Changes
growth-negative
אחרי קריסה של 70% בשנה: מה הסיכוי של פריון לבנות את עצמה שוב מחדש?
Perion Network, a company operating in the field of digital advertising, has seen a significant decline following its separation from Microsoft. The company had managed to double its revenues in three years, but the end of its partnership with Microsoft brought it back to reality. Now, Perion needs to restore its advertising operations to growth and regain the trust of investors. However, several risks lie ahead.
Partners
Growth-Negative
News Flash: 6 Analysts Think Perion Network Ltd. (NASDAQ:PERI) Earnings Are Under Threat
Analysts have delivered a substantial negative revision to this years forecasts for Perion Network Ltd., leading to a negative impact on the companys shares. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business. The current consensus is for revenues of US$500m in 2024, reflecting a 34% reduction in Perion Networks sales over the past 12 months. Earnings per share are expected to plunge 82% to US$0.40 in the same period. The analysts have also cut their price target 38% to US$9.67.
Customers
growth-positive
3 Sleeper Stocks Positioned for Huge Growth by 2025
The article discusses three sleeper stocks that are steadily gaining ground and have the potential to develop significantly. These companies are Perion, SoFi, and Gran Tierra. Perion is a digital advertising company that has seen a 134% YoY increase in its retail media offerings in Q1 2024. SoFi is a financial services and technology platform that has seen a 26% YoY increase in its adjusted net sales in Q1 2024. Gran Tierra is an energy company that has seen a 24% YoY increase in its Funds flow from operations (FFO) in Q1 2024.
CustomersInvestment
growth-negative
Perion Network Ltd. (NASDAQ:PERI) Downgraded by Oppenheimer
Perion Network Ltd. has been downgraded by Oppenheimer from Outperform to Perform due to uncertainties surrounding the companys advertising growth prospects within the digital advertising industry. Despite Perions recent impressive financial performance, concerns linger over the sustainability of its expansion in its search advertising business and potential hurdles in maintaining its competitive edge. The market response to Oppenheimers downgrade was notable, with Perions stock price experiencing a significant decline of 30.11% on June 10, closing at $8.61.
Customers
Perion Network Updates Q2 and Full Year 2024 Guidance
Growth-Negative
Perion shares slide after ad tech group slashes revenue guidance
Perion Network, a US-listed advertising technology group, saw its shares drop by around 20% after it cut its revenue guidance. The company was informed by Microsofts Bing internet search service that it would be excluding a number of publishers from its search distribution marketplace, which will significantly impact Perions search advertising business. As a result, Perions search revenue from Bing is now expected to account for less than 5% of its revenue in H2 2021, down from 35% in 2022. The company has also lowered its Q2 revenue forecast to $106-108 million, down from $118-122 million.
PartnersManagement Changes
growth-negative
Why Perion Network Stock Plunged Today
Perion Networks shares plummeted after Microsoft ended its relationship with the ad tech company, which was a significant source of revenue. Perion has historically relied on traffic from Microsoft Bing for about half its revenue. The company now expects revenue from Bing to constitute 5% of total revenue in the second half of the year. As a result, Perion has cut its revenue guidance for the second quarter and the full year. The companys CEO, Tal Jacobson, noted several growth opportunities, including CTV, retail media, and digital out-of-home.
Partners
growth-negative
Investors who lost money on Perion Network Ltd.(PERI) should contact Levi & Korsinsky about pending Class Action - PERI
Perion Network Ltd. is facing a class action securities lawsuit filed by Levi & Korsinsky, LLP. The lawsuit alleges that Perion made false statements and concealed information about its search advertising business, which was in decline. It also claims that Perions long-term relationship with Microsoft and search services agreement would not provide stability for its search advertising business. The lawsuit seeks to recover losses for Perion investors who were adversely affected by the alleged securities fraud between February 9, 2021 and April 5, 2024.
Customers
Growth-Negative
Perion Network (NASDAQ:PERI) shareholders have earned a 31% CAGR over the last five years
Perion Network Ltd. has experienced a 47% decline in share price over the last three months, causing concern among shareholders. However, the company has generated solid long-term returns over five years, with a gain of 290%. Despite the recent decline, the companys earnings per share have grown at 43% a year over the last five years. The market has become relatively pessimistic about the company, reflected in its low P/E ratio of 5.53. Despite a tough year for investors with a total loss of 60%, long-term shareholders have made a gain of 31% per year over half a decade.
Public Trading
Perion Launches Global DOOH ‘Green Curated Deals’ Through the Hivestack Platform and Scope3
growth-positive
Is There An Opportunity With Perion Network Ltd.'s (NASDAQ:PERI) 50% Undervaluation?
Perion Network Ltd.s fair value estimate is US$23.51, according to a 2 Stage Free Cash Flow to Equity analysis. This suggests that the companys current share price of US$11.81 might be 50% undervalued. The analysis uses a Discounted Cash Flow (DCF) model to estimate the present value of the companys future cash flows. The total equity value is calculated to be US$1.1b, which is significantly higher than the current share price. However, the DCF calculation is only one of many factors to consider when assessing a companys value.
Investment
growth-positive
3 Overlooked Stocks to Surge 1,000% by 2027
The article discusses three underappreciated stocks - Gran Tierra, Perion, and SoFi - that have the potential to rise by 1,000% by 2027. Gran Tierra has shown strong financial performance with increasing EBITDA, generating free cash flow, and a consistent increase in Funds Flow from Operations (FFO). Perion has established itself in the advertising industry through technological advancements and a strategic diversification plan. SoFi has been growing robust revenue while diversifying its income streams. All three companies have shown resilience in the face of market instability.
Investment
growth-positive
12 Best Marketing Stocks to Buy
The article discusses the growth of the advertising and marketing industry, highlighting the positive performance of several companies. It mentions Meta Platforms, Alphabet, and Amazon as companies that have seen a significant rise in their advertising businesses. The article also discusses the potential of Microsofts advertising assets, which could reach a value of $50 billion over time. Other companies mentioned include Omnicom Group, Criteo, The Trade Desk, Perion Network, National CineMedia, Ziff Davis, and LiveRamp Holdings. The article suggests these companies as good investment opportunities due to their strong performance and positive outlook.
CustomersInvestment
Growth-Negative
Why Perion Network Stock Was Falling Today
Shares of Perion Network continued to decline following the companys Q1 earnings report. The adtech companys stock fell for the second day in a row after initially pleasing the market. The decline continued as investors assessed the state of the business following Microsofts decision to cut payments to ad partners like Perion, causing the stock to plunge by roughly 40% in early April. Despite this, Perion reported a 9% increase in Q1 revenue to $157.8 million, slightly better than the consensus at $156.8 million. The company has maintained its guidance for the year, forecasting revenue growth of $590 million-$610 million.
Partners
growth-negative
Perion Network (PERI) Q1 2024 Earnings Call Transcript
Perion Network reported a decline in search advertising activity due to changes in advertising pricing and mechanisms by Microsoft Bing. The changes led to a reduction in revenue per 1,000 searches for both Perion and other Microsoft Bing distribution partners. Despite the changes, Perions search activity grew 26% YoY in Q1 2024. The company also reported a 9% YoY increase in revenue to $157.8 million, but a 35% YoY decrease in adjusted EBITDA to $20.3 million. Perions GAAP net income decreased by 51% to $11.8 million.
CustomersManagement Changes
growth-negative
Perion Network Ltd. (NASDAQ:PERI) Q1 2024 Earnings Call Transcript
Perion Network Ltd. reported a decline in search advertising activity in Q1 2024 due to changes in advertising pricing and mechanisms by Microsoft Bing. Despite this, Perions search activity grew 26% YoY in Q1. The company expects the changes to mostly affect them from Q2 forward. Perions CEO, Tal Jacobson, highlighted the companys ongoing collaboration with Microsoft and its resilience in facing challenges. The companys CFO, Maoz Sigron, presented the financial results for Q1, reporting a 9% YoY increase in revenue to $157.8 million, but a 35% YoY decrease in adjusted EBITDA to $20.3 million.
CustomersManagement ChangesPartners
growth-negative
Perion Network (PERI) Meets Q1 Earnings Estimates
Perion Network reported Q1 2024 earnings of $0.44 per share, in line with the Zacks Consensus Estimate, but down from $0.60 per share a year ago. The companys revenues for the quarter were $157.82 million, surpassing the Zacks Consensus Estimate by 0.55% and up from $145.15 million a year ago. Despite this, Perion Network shares have lost about 58.8% since the beginning of the year. The companys future performance is expected to underperform the market, with a Zacks Rank #5 (Strong Sell).
CustomersPublic Trading
Perion Reports First Quarter 2024 Results; YoY Revenue Growth of 9%
growth-positive
Perion Network (PERI) to Report Q1 Earnings: What to Expect
Perion Network is expected to report its Q1 2024 results on May 8, with revenues of $157 million, indicating a YoY growth of 8%. The companys performance is likely to have been driven by its diversified product portfolio across various advertising channels, including search, CTV, and retail media. Its partnership in Brazil with Eletromidia and the acquisition of HiveStack are expected to have contributed significantly to Perions diversification strategy. However, the company is expected to have registered a drop in Search Advertising due to Microsoft Bings pricing and distribution adjustments.
CustomersPartnersAcquisition
growth-positive
Unseen Winners: 3 Stocks Ready for a Triple-Digit Rise
The article discusses the growth potential of three companies: Perion, Mitek, and Gran Tierra. Perions revenue increased significantly in Q4 2023, driven by growth in retail media, connected TV, and search categories. Mitek has modified its product line to meet changing client demands and is widely used in the banking sector. Gran Tierras average working interest output increased by 3% over the previous quarter in Q1 2024, demonstrating operational resilience. All three companies are expected to see triple-digit stock value increases.
CustomersInvestment
growth-negative
Analysts Estimate Perion Network (PERI) to Report a Decline in Earnings: What to Look Out for
Perion Network is expected to report a year-over-year decline in earnings despite higher revenues for the quarter ended March 2024. The stocks performance will likely be impacted by how the actual results compare to estimates. The digital media company is expected to post quarterly earnings of $0.44 per share, a year-over-year change of -26.7%, with revenues expected to be $156.96 million, up 8.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 68.81% lower over the last 30 days. The companys earnings report is expected to be released on May 8.
InvestmentPublic Trading
Growth-Negative
Perion Network (PERI) Advances While Market Declines: Some Information for Investors
Perion Networks stock closed at $12.59, a 0.96% increase from the previous day, outperforming the S&P 500 which registered a 1.57% loss. However, the digital media companys shares have lost 43.01% in the past month. The company is set to announce its earnings on May 8, 2024, with projected earnings per share (EPS) of $0.44, a 26.67% decrease from the same quarter last year. Revenue is projected at $156.96 million, an 8.13% increase from the same quarter last year. The company is currently trading with a Forward P/E ratio of 7.24, indicating a discount compared to its industrys Forward P/E of 18.48.
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks shares have seen a significant decrease of 47% over the past month. This is in contrast to the Zacks S&P 500 composites -2% change. The company is expected to post earnings of $0.44 per share for the current quarter, a decrease of 26.7% from the year-ago quarter. The consensus earnings estimate for the current fiscal year indicates a year-over-year change of -48.4%. For the next fiscal year, the consensus earnings estimate indicates a change of +10.3% from what Perion Network is expected to report a year ago. The companys Zacks Rank is #5 (Strong Sell).
Customers
growth-positive
Perion Network Ltd. (NASDAQ:PERI) is favoured by institutional owners who hold 65% of the company
Perion Network Ltd. has a significant amount of institutional ownership, with institutions owning 65% of the company. The top 16 shareholders own 50% of the company. This could mean that the companys stock price could be vulnerable to the trading decisions of these institutions. However, the large amount of institutional investment could also be seen as a positive sign, as it indicates that analysts working for these institutions have looked at the stock and liked it. The general public owns 35% of the company.
Investment
growth-negative
Here is What to Know Beyond Why Perion Network Ltd (PERI) is a Trending Stock
Perion Networks stock has been underperforming, with a return of -49.4% over the past month. The company is expected to post earnings of $0.44 per share for the current quarter, a year-over-year change of -26.7%. The consensus earnings estimate for the current fiscal year is $1.72, a change of -48.4% from the prior year. For the next fiscal year, the consensus earnings estimate is $1.90, a change of +10.3% from the previous year. The companys Zacks Rank is #5 (Strong Sell), indicating a negative near-term price performance.
Customers
Growth-Negative
Perion Network (PERI) Stock Slides as Market Rises: Facts to Know Before You Trade
Perion Networks shares have seen a decrease of 51.59% over the last month, underperforming the Computer and Technology sector and the S&P 500. The company is expected to report a decrease in EPS of 26.67% in its upcoming earnings release on May 8, 2024. The companys revenue is predicted to be $156.96 million, an 8.13% increase compared to the same quarter of the previous year. However, for the annual period, earnings and revenue are expected to decrease by 48.35% and 19.34% respectively. Perion Network is currently rated a #5 (Strong Sell) on the Zacks Rank system.
Public Trading
growth-positive
The Big Bet: 3 Stocks That Could Turn $1K into $10K
The article discusses three companies with potential for significant growth. PagSeguro, a financial technology company, has seen a substantial increase in its Total Banking Volume (TBV), indicating more customers are using its services. Radcom, a telecom infrastructure company, has achieved stable revenue growth and is in a debt-free condition, positioning it well for future expansion. Perion, a company focusing on CTV advertising, has seen a substantial increase in its CTV revenue, demonstrating the effectiveness of its diversification plan.
CustomersExpand
Growth-Negative
Perion Network (PERI) Surpasses Market Returns: Some Facts Worth Knowing
Perion Networks shares closed at $11.90, marking a 1.32% increase from the previous day, outpacing the S&P 500s 0.03% gain. However, the companys shares have lost 45.6% over the past month. The companys upcoming earnings report is expected on May 8, 2024, with analysts expecting earnings of $0.44 per share, a year-over-year decline of 26.67%. The revenue is expected to be $156.96 million, an 8.13% increase from the previous year. For the full year, earnings are projected to be $1.72 per share with revenue of $599.46 million, changes of -48.35% and -19.34% respectively from the previous year.
growth-negative
Is Trending Stock Perion Network Ltd (PERI) a Buy Now?
Perion Networks stock has seen a significant decrease of 42.7% over the past month, compared to the Zacks S&P 500 composites 1.6% increase. This is due to a number of factors, including a decrease in earnings estimates and a decrease in expected revenue growth. The companys Zacks Rank has also been downgraded to a #5 (Strong Sell), suggesting that it may underperform the broader market in the near term. Despite this, the companys valuation is considered to be at a discount compared to its peers.
Investment
growth-negative
Analysts on Wall Street Lower Ratings for These 10 Stocks
The article discusses the downgrade of several stocks by analysts, including Sphere Entertainment Co., Perion Network Ltd., Linde plc, Gold Fields Limited, and BBB Foods Inc. The downgrade is due to various reasons such as disappointing performance, weaker-than-expected results, and high valuation. Goldman Sachs Asset Management (GSAM) is also shifting its investment strategy due to mounting pressure on technology shares and is favoring sectors such as energy and Japanese equities. The article also discusses the impact of inflation on the bond market and the stagnation of Chinas consumer prices.
Management ChangesInvestment
Growth-Negative
Perion Network (PERI) Stock Moves -0.61%: What You Should Know
Perion Networks shares closed at $13.10, marking a 0.61% decrease from the previous trading session. This is narrower than the S&P 500s daily loss of 0.95%. Over the last month, the digital media companys shares have decreased by 42.22%, not keeping up with the Computer and Technology sectors gain of 1.67% and the S&P 500s gain of 1.78%. The company plans to announce its earnings on May 8, 2024, with earnings per share projected to be $0.61, a 1.67% increase from the same quarter last year. Perion Network is currently being traded at a Forward P/E ratio of 3.94, a discount compared to its industrys average Forward P/E of 19.83.
Neutral
Wall Street Analysts Think Perion Network (PERI) Is a Good Investment: Is It?
Perion Networks average brokerage recommendation (ABR) is 1.83, suggesting a strong buy. However, the article warns against making investment decisions based solely on this information, as brokerage recommendations often have a vested interest and can be biased. The article suggests using the ABR to validate the Zacks Rank, a proprietary stock rating tool. The Zacks Consensus Estimate for Perion Networks current year earnings has remained unchanged over the past month at $3.34, resulting in a Zacks Rank #3 (Hold) for the company.
Investment
Growth-Negative
Why Perion Network Stock Plummeted Today
Perion Networks shares dropped over 40% following the announcement of weaker-than-expected preliminary Q1 2024 results and a reduced full-year outlook. The company expects Q1 2024 revenue to be $157 million, up 8% YoY, but below Wall Streets expectations of $175.5 million. The company blamed the underperformance on changes in advertising pricing and mechanisms implemented by Microsoft Bing. Despite this, Perions CEO, Tal Jacobson, insisted that their relationship with Microsoft remains strong. The company also reduced its full-year guidance for 2024 revenue to $590 million to $610 million, down 19% YoY.
CustomersManagement Changes
Perion Network Announces Preliminary Q1 2024 Financial Results
Perion Network Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023
Growth-Negative
Perion slides after slashing 2024 revenue forecast on Microsoft Bing changes
Perion Networks U.S.-listed shares fell by over 35% after the Israeli ad tech firm reduced its annual revenue forecast due to a decrease in search advertising resulting from changes at Microsofts Bing. The company now anticipates 2024 revenue to be between $590 million and $610 million, down from its previous estimate of $860 million to $880 million. Microsofts alterations in ad pricing and other mechanisms led to a drop in search advertising activity. Microsoft accounted for 35% of Perions revenue in 2022. The companys stock has fallen about 32% this year, pressured by competition from Big Tech firms like Google and Meta Platforms.
CustomersManagement Changes
growth-positive
Stocks to Watch Monday: Paramount, Tesla, Coinbase
Tesla is planning to unveil its Robotaxi in August, according to CEO Elon Musk. This announcement led to a 5% increase in Teslas shares. In other news, crypto-linked stocks, including Coinbase Global and MicroStrategy, rallied as the price of Bitcoin surpassed $71,000.
Product LaunchPublic Trading
growth-positive
PERI vs. TTGT: Which Stock Is the Better Value Option?
Investors interested in Internet - Content stocks are comparing Perion Network (PERI) and TechTarget (TTGT) to determine which is the more undervalued stock. Perion Network currently has a Zacks Rank of #1 (Strong Buy), while TechTarget has a Zacks Rank of #3 (Hold). Perion Network has seen a stronger improvement in its earnings outlook than TechTarget. The company also has a forward P/E ratio of 6.39 compared to TechTargets 18.54, and a PEG ratio of 0.29 compared to TechTargets 3.43. Based on these metrics, Perion Network is considered the superior option for value investors.
Investment
growth-positive
The Ultimate Portfolio Boost: 3 Stocks Set for a 500% Leap
The article discusses the growth prospects of three companies: AMD, Perion, and Palo Alto. AMD is incorporating AI capabilities into its product offerings, which has led to significant growth in its data center business and client division. Perion is diversifying its income streams through digital advertising, with significant growth in retail media and Connected TV (CTV) revenue. The companys acquisitions and collaborations with top brands are also contributing to its growth. Palo Alto is predicting growth in the cybersecurity field, with a substantial increase in remaining performance obligations (RPO) indicating the companys ability to secure additional income sources.
InvestmentCustomers
growth-negative
Why Perion Network (PERI) Dipped More Than Broader Market Today
Perion Networks shares closed at $21.55, marking a 1.51% decrease from the previous day. This underperformed the S&P 500s daily loss of 0.72%. Over the past month, the digital media companys shares have depreciated by 3.57%, underperforming the Computer and Technology sectors gain of 2.34% and the S&P 500s gain of 2.16%. The investment community is closely monitoring Perion Networks performance in its forthcoming earnings report. The company is expected to report an EPS of $0.61, marking a 1.67% rise compared to the same quarter of the previous year.
Investment
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock has been trending on Zacks.com, despite a -3.8% return over the past month. The company is expected to post earnings of $0.61 per share for the current quarter, a +1.7% change from the year-ago quarter. The consensus sales estimate of $176.04 million for the current quarter points to a year-over-year change of +21.3%. The company reported revenues of $234.23 million in the last reported quarter, a year-over-year change of +11.7%. The companys Zacks Rank #1 (Strong Buy) suggests that it may outperform the broader market in the near term.
Customers
Growth-Positive
3 Must-Buy Tech Stocks Before the Next Market Rally
The article discusses three tech companies - ServiceNow, Perion, and Intel - that are positioned as compelling investment opportunities due to their innovative business models, strong growth trajectories, and strategic market positions. ServiceNow has been securing substantial contracts and boosting its premium client roster. Perion excels in digital advertising and has grown significantly in the streaming sector. Intel, a sector leader, has seen notable sales growth from diversifying and embracing advanced technology, including AI.
CustomersPartners
growth-positive
Zacks Industry Outlook Highlights Airbnb, Angi and Perion Network
The article discusses the growth prospects of the internet content industry, highlighting the positive impact of digital offerings and ad spending. It mentions Airbnb, Angi, and Perion Network as companies that are expanding their presence across social media, display and connected TV, and search, driving top-line growth. However, the industry is facing challenges due to global macroeconomic conditions, inflation, higher interest rates, and geopolitical tensions. The article also mentions regulatory pressures, particularly in China and the EU. Despite these challenges, the industry has outperformed the broader Zacks Computer and Technology sector and the S&P 500 composite over the past year.
CustomersPartners
growth-positive
What Does Perion Network Ltd.'s (NASDAQ:PERI) Share Price Indicate?
Perion Network Ltd. has been receiving attention due to substantial price movement on the NASDAQGS over the last few months. The stocks price-to-earnings (PE) ratio is below its peer average, indicating that the stock is trading at a lower price compared to the Media industry. The companys earnings over the next few years are expected to increase by 31%, indicating a highly optimistic future. This is expected to lead to more robust cash flows, feeding into a higher share value. The current trading price of Perion Network is not reflective of its actual value, providing an opportunity for investors to buy at a lower price.
Investment
growth-positive
3 Internet Stocks to Buy From a Prospering Industry
The Zacks Internet - Content industry, which includes companies like Airbnb, Angi, and Perion Network, is seeing growth due to the demand for digital offerings and the increasing importance of video content and cloud-based applications. The industry is also benefiting from the proliferation of AI. However, challenging macroeconomic conditions globally, persistent inflation, higher interest rates, and geopolitical tensions are affecting ad spending, which is a primary revenue source for these companies. Despite these challenges, the industry has outperformed the broader Zacks Computer and Technology sector and the S&P 500 composite over the past year.
CustomersPartners
growth-positive
Perion Network (PERI) Gains As Market Dips: What You Should Know
Perion Networks stock closed at $22.45, a 0.9% increase from the previous session, outperforming the S&P 500s daily loss of 0.28%. Despite a 1.98% fall in the past month, the digital media company is expected to report an EPS of $0.61 in its upcoming earnings disclosure, a 1.67% rise year-over-year. The Zacks Consensus Estimate projects net sales of $176.04 million, up 21.28% from the previous year. Full-year estimates predict earnings of $3.34 per share and revenue of $869.8 million, representing year-over-year changes of +0.3% and +17.04%, respectively. Perion Network currently holds a Zacks Rank of #1 (Strong Buy).
Investment
growth-positive
2 Unstoppable Tech Stocks to Take You From $100,000 to $500,000 and Beyond
The article discusses the potential of two adtech stocks, Perion Network and The Trade Desk, to deliver significant gains in the new bull market. Perion Network, a small-cap stock, has been growing both organically and through acquisitions, such as the recent acquisition of Hivestack. It has also been delivering solid growth with a 12% increase in revenue in the fourth quarter. The Trade Desk, on the other hand, has been outperforming the market and has been a trendsetter in its industry with technologies like Unified ID 2.0. It has also shown solid growth during challenging times in the digital-advertising industry.
InvestmentAcquisition
growth-positive
PERI or TTGT: Which Is the Better Value Stock Right Now?
Investors interested in Internet - Content stocks are likely familiar with Perion Network (PERI) and TechTarget (TTGT). Currently, Perion Network has a Zacks Rank of #1 (Strong Buy), while TechTarget has a Zacks Rank of #3 (Hold). PERI currently has a forward P/E ratio of 6.53, while TTGT has a forward P/E of 18.63. PERI has a PEG ratio of 0.30, while TTGT has a PEG ratio of 3.44. PERI has a P/B ratio of 1.40, while TTGT has a P/B of 3.98. These metrics, and several others, help PERI earn a Value grade of A, while TTGT has been given a Value grade of D.
Investment
growth-negative
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Networks stock has seen a decrease of 7% over the past month, compared to the Zacks S&P 500 composites 3% increase. Despite this, the company is expected to post earnings of $0.61 per share for the current quarter, a year-over-year change of 1.7%. The consensus earnings estimate for the current fiscal year is $3.34, a year-over-year change of 0.3%. For the next fiscal year, the consensus earnings estimate is $3.67, a change of 9.9% from the previous year. The companys revenue growth is also expected to increase, with a year-over-year change of 21.3% for the current quarter.
Investment
Growth-Positive
Why Perion Network (PERI) Outpaced the Stock Market Today
Perion Networks stock closed at $21.82, marking a 1.11% increase from the previous day, outperforming the S&P 500s 0.57% gain. However, the companys shares have depreciated by 6.98% over the past month. The company is expected to post an EPS of $0.61 in its upcoming financial results, indicating a 1.67% growth from the same quarter last year. Revenue is anticipated to be $176.04 million, a 21.28% increase from the same quarter last year. For the entire year, earnings are forecasted to be $3.34 per share and revenue $869.8 million, indicating changes of +0.3% and +17.04%, respectively, compared to the previous year.
Investment
growth-positive
Perion Network (PERI) Upgraded to Strong Buy: What Does It Mean for the Stock?
Perion Network has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting an upward trend in earnings estimates. The Zacks Consensus Estimate tracks the consensus of EPS estimates from sell-side analysts covering the stock for the current and following years. The upgrade is a positive comment on Perion Networks earnings outlook, which could positively impact its stock price. The change in the companys future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated.
Investment
Growth-Positive
Returns On Capital Are Showing Encouraging Signs At Perion Network (NASDAQ:PERI)
Perion Networks return on capital employed (ROCE) has shown positive trends, indicating the potential for the companys stock to multiply in value over the long term. Over the past five years, the companys ROCE has grown to 18%, significantly higher than the media industry average of 8.2%. This growth is due to the companys ability to consistently reinvest capital at increasing rates of return. The amount of capital employed has also increased by 311%, indicating plenty of opportunities for internal investment.
growth-positive
Perion Network (PERI) Gains As Market Dips: What You Should Know
Perion Networks shares closed at $22.95, a 0.61% increase from the previous trading session, outperforming the S&P 500s daily loss of 0.19%. Over the last month, the digital media companys shares have increased by 1.92%, lagging behind the Computer and Technology sectors gain of 2.36% and the S&P 500s gain of 3.18%. The company is expected to post an EPS of $0.61 in its upcoming earnings report, a 1.67% growth from the same quarter last year. Revenue is predicted to be $176.04 million, up 21.28% from the prior-year quarter. For the entire fiscal year, earnings are projected at $3.34 per share and revenue at $869.8 million.
InvestmentPublic Trading
growth-positive
Rocket Stocks: 3 Picks That Could Skyrocket Your Portfolio by 2025
The article discusses three companies, Photronics, Inotiv, and Perion, that are predicted to have high growth potential in their respective industries. Photronics, a semiconductor company, has seen a 50% YoY growth in cash flow from operations in Q1 2024 and has invested in high-end and mainstream integrated circuit segments. Inotiv, a life sciences company, has reduced its operational footprint and integrated transportation operations to reduce costs and improve efficiency. Perion, a digital advertising company, has seen a 27% YoY increase in net cash provided by operations in 2023 and has expanded into new markets through strategic acquisitions.
InvestmentExpand
growth-positive
Zacks.com featured highlights include Meta Platforms, Deckers Outdoor, Perion Network and Carlisle
The article discusses four companies - Meta Platforms, Inc, Deckers Outdoor Corp, Perion Network, and Carlisle Companies Inc - that are considered as top-ranked liquid stocks to strengthen an investment portfolio. These companies are identified based on their liquidity levels, which are a good indicator of a companys financial health. The companies are also evaluated based on their efficiency level and liquidity to identify potential winners. The article also provides a brief overview of each companys current status and future prospects.
Investment
Perion Taps into the World’s Largest DOOH Market, Estimated at $5.2B Through a New Partnership with Way.io, its First Domestic DSP in China
Growth-Positive
The 3 Most Undervalued Tech Stocks to Buy in March 2024
The article discusses the valuation of four tech companies: Super Micro Computer, Alphabet, Perion, and Fortinet. Super Micro Computers shares have increased by roughly 300% year-to-date, leading to debates about its overvaluation. Alphabets shares are trading lower than in August 2021 due to recent AI blunders, but the companys solid financial growth and data resources make it an attractive investment. Perion, a smaller advertising company, is considered a bargain due to its current valuation and cash reserves, despite concerns about a partnership with Microsoft. Fortinet, a cybersecurity company, has experienced headwinds but is expected to rally once tailwinds return.
PartnersCustomers
growth-positive
Perion Network (PERI) Is Considered a Good Investment by Brokers: Is That True?
Perion Network currently has an average brokerage recommendation (ABR) of 1.83, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by six brokerage firms. However, the article suggests that investors should not solely rely on these recommendations due to the vested interest of brokerage firms in the stocks they cover. Instead, it recommends using tools like Zacks Rank, which categorizes stocks based on earnings estimate revisions, to validate these recommendations. The Zacks Consensus Estimate for Perion Network has increased 4.7% over the past month to $3.34, resulting in a Zacks Rank #1 (Strong Buy) for the company.
Investment
growth-positive
Strength Seen in Opera Limited Sponsored ADR (OPRA): Can Its 12.4% Jump Turn into More Strength?
Opera Limited Sponsored ADR (OPRA) shares increased by 12.4% in the last trading session, closing at $14.46. This increase is attributed to the companys strength in AI technology and solid momentum in its advertisement business. The companys better than expected Q4 2023 results and positive outlook for 2024 have also boosted investor optimism. The company is expected to post quarterly earnings of $0.13 per share in its upcoming report, representing a YoY change of -23.5%. Revenues are expected to be $100.6 million, up 15.6% from the year-ago quarter.
Investment
Growth-Positive
Perion Network (PERI) Increases Yet Falls Behind Market: What Investors Need to Know
Perion Networks stock closed at $22.52, a 0.94% increase from the previous session, lagging behind the S&P 500s daily gain of 1.03%. Over the past month, the digital media companys shares have lost 5.23%, lagging behind the Computer and Technology sectors gain of 2.52% and the S&P 500s gain of 3.21%. The companys earnings per share (EPS) are projected to be $0.61, a 1.67% increase from the same quarter last year. The revenue is predicted to be $176.04 million, a 21.28% increase compared to the same quarter of the previous year. Perion Network currently has a Zacks Rank of #1 (Strong Buy).
Investment
growth-positive
After Plunging -23.58% in 4 Weeks, Here's Why the Trend Might Reverse for Perion Network (PERI)
Perion Networks stock has been on a downward trend, declining 23.6% over the past four weeks. However, it is now considered oversold and is expected to see a trend reversal. The Relative Strength Index (RSI) reading for Perion Network is 29.4, indicating that the heavy selling could be exhausting itself. Additionally, Wall Street analysts have a strong agreement that the company will report better earnings than they predicted earlier. Over the last 30 days, the consensus EPS estimate for Perion Network has increased 4.7%. The company currently has a Zacks Rank #1 (Strong Buy), indicating potential for a turnaround in the near term.
growth-positive
Zacks Investment Ideas feature highlights: Perion Networks, Honda, Tesla and KKR
Zacks Investment Ideas has highlighted Perion Networks, Honda Motor Company, and KKR & Co. as top-ranked stocks with bargain valuations. Perion Networks, an advertising technology platform, has been recognized for its growth in the connected TV advertising space and is expected to see a 17% YoY sales growth. Honda Motor Company, despite the hype around EVs, is seen as a valuable opportunity with expected sales expansion of 14% this year. Private equity firm KKR & Co. has seen significant growth due to its private credit business and is expected to grow its top line by 18% this year. All three companies have a Zacks Rank #1 (Strong Buy) rating.
Investment
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock has seen a decrease of 23.5% over the past month, contrasting with the Zacks S&P 500 composites 3.6% increase. Despite this, the company is expected to post earnings of $0.61 per share for the current quarter, a 1.7% increase from the same period last year. The consensus sales estimate for the current quarter is $176.04 million, a 21.3% increase year-over-year. The companys valuation is considered to be at a discount to its peers, with a Zacks Value Style Score of A. Despite the recent decrease in stock value, Perion Networks Zacks Rank of #1 suggests it may outperform the broader market in the near term.
Investment
growth-positive
3 Top Ranked Stocks with Bargain Valuations
Perion Networks, Honda Motor Company, and KKR & Co. are identified as companies with discount valuations and secure business models, making them attractive investment opportunities. Perion Networks, an adtech company, has seen growth in the connected TV advertising space and is expected to see a 17% YoY sales growth. Honda Motor Company, a traditional auto manufacturer, is expected to see a 14% sales growth this year. Private equity firm KKR & Co. has seen significant growth thanks to its private credit business. All three companies have a Zacks Rank #1 (Strong Buy) rating.
Investment
Growth-Positive
PERI vs. TTGT: Which Stock Is the Better Value Option?
Investors looking for undervalued stocks in the Internet - Content sector may find value in Perion Network (PERI) and TechTarget (TTGT). According to Zacks Rank, PERI currently has a rank of #2 (Buy), while TTGT has a rank of #3 (Hold). PERIs forward P/E ratio is 6.99, compared to TTGTs 18.92, and PERIs PEG ratio is 0.32, compared to TTGTs 3.50. PERI also has a P/B ratio of 1.50, compared to TTGTs 4.04. Based on these metrics, PERI is currently sporting an improving earnings outlook and is likely the superior value option at present.
Investment
growth-positive
13 Stocks That Will Double in 2024
The article discusses the potential for certain stocks to double in value by 2024. These include Meta Platforms, NVIDIA Corporation, NetEase, CyberArk Software, HubSpot, Tesla, Eli Lilly and Company, and Apple Inc. The article suggests that the AI revolution will continue to drive growth in these companies. Other sectors that could benefit from AI include healthcare and the industrial sector. Companies such as Intuitive Surgical and Medtronic have already integrated AI into their operations. Other stocks that could double in 2024 include Wayfair, Match Group, and Palantir Technologies.
Investment
Perion Network Announces Conference Participation in March 2024
growth-negative
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Networks shares have returned -24.1% over the past month, underperforming the Zacks S&P 500 composites +5% change. Despite this, the company is expected to post earnings of $0.61 per share for the current quarter, a year-over-year change of +1.7%. The consensus sales estimate of $176.04 million for the current quarter points to a year-over-year change of +21.3%. The company has a Zacks Rank #1 (Strong Buy), indicating that it may outperform the broader market in the near term.
Investment
growth-positive
Wall Street Analysts See Perion Network (PERI) as a Buy: Should You Invest?
Perion Network (PERI) currently has an average brokerage recommendation (ABR) of 1.83, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by six brokerage firms. However, the article suggests that investors should not solely rely on these recommendations as they often have a strong positive bias. Instead, it recommends using the Zacks Rank, a proprietary stock rating tool, to validate the ABR. The Zacks Rank is driven by earnings estimate revisions and is an effective indicator of a stocks price performance in the near future. The Zacks Consensus Estimate for the current year for Perion Network has increased 4.7% over the past month to $3.34.
Investment
Perion Adopts a Share Repurchase Program of up to $50 Million
growth-positive
3 High-Risk, High-Reward Small-Cap Stocks to Buy Now
The article discusses three small-cap stocks that have the potential for high-risk, high-reward investment. These include Sprout Social, a social media management tool company with a market cap of $3.7 billion and over 30,000 customers, Direct Digital Holdings, a programmatic advertising company with a market cap of $240 million, and Perion, a small adtech company. All three companies have shown significant growth in their revenues and are considered good investment options despite their risks.
CustomersInvestment
growth-positive
Financial Freedom: 3 Stocks That Could Turn $10,000 into $100,000
The article discusses the growth potential of three companies: Palantir, Photronics, and Perion. Palantir, a data analytics company, has seen steady revenue growth and increased client acquisitions, particularly in the U.S. commercial segment. Photronics, a semiconductor company, has consistently outperformed market trends and diversified its portfolio. Perion, with its robust advertising platform, has seen solid topline growth and diversified revenue streams. All three companies are considered promising investment opportunities.
CustomersInvestmentExpand
growth-positive
1 Small-Cap AI Stock That Could Go Parabolic
Shares of adtech company Perion Network fell 20% after its Q4 earnings report on Feb. 7, due to lighter revenue growth guidance for 2024. However, the company is making moves in AI that could pay off in the coming years. Perion launched WAVE, an audio advertising program that uses generative AI to narrate ads, which has been embraced by retailers like Albertsons and Pep Boys. The company also acquired Hivestack, a full-stack programmatic, digital-out-of-home (DOOH) ad company, for $100 million. Despite the recent dip, the companys stock could soar as it continues to release new products and possibly make another acquisition.
InvestmentAcquisitionCustomers
growth-positive
Best Growth Stocks to Buy for February 15th
Three companies, Perion Network Ltd, Powell Industries, Inc, and Ralph Lauren Corporation, have been identified as having strong growth characteristics and are recommended for investors. All three companies carry a Zacks Rank #1 and have seen increases in the Zacks Consensus Estimate for their current year earnings over the last 60 days. Perion Network Ltd has a PEG ratio of 0.31, Powell Industries, Inc has a PEG ratio of 1.40, and Ralph Lauren Corporation has a PEG ratio of 1.15.
None
growth-positive
Best Value Stocks to Buy for February 15th
Three companies, General Motors, Perion Network Ltd, and AXIS Capital Holdings Limited, have been identified as strong investment options by Zacks Investment Research. All three companies carry a Zacks Rank #1 (Strong Buy) and have seen increases in the Zacks Consensus Estimate for their current year earnings over the last 60 days. General Motors has a price-to-earnings ratio of 4.34, Perion has a ratio of 6.75, and AXIS Capital has a ratio of 5.93. All three companies also possess a Value Score of A.
Investment
growth-positive
Down -19.17% in 4 Weeks, Here's Why Perion Network (PERI) Looks Ripe for a Turnaround
Perion Networks stock has been on a downward trend, declining 19.2% over the past four weeks. However, it is now in oversold territory and Wall Street analysts predict the company will report better earnings than previously anticipated. The Relative Strength Index (RSI) reading for Perion Network is 25.68, indicating that the heavy selling could be nearing its end and the stock could rebound. Over the last 30 days, the consensus EPS estimate for Perion Network has increased 4.7%. The company currently has a Zacks Rank #1 (Strong Buy), indicating potential for a turnaround in the near term.
growth-positive
PERI vs. TME: Which Stock Should Value Investors Buy Now?
The article compares the investment opportunities presented by Perion Network and Tencent Music Entertainment Group Sponsored ADR. Perion Network is currently ranked #1 (Strong Buy) by Zacks, while Tencent Music Entertainment Group Sponsored ADR is ranked #3 (Hold). The article suggests that Perion Network is a better investment option due to its improving earnings outlook and better value metrics, including a forward P/E ratio of 6.82 and a PEG ratio of 0.31. Tencent Music Entertainment Group Sponsored ADR has a forward P/E of 17.11 and a PEG ratio of 0.72.
Investment
growth-negative
Investors Heavily Search Perion Network Ltd (PERI): Here is What You Need to Know
Perion Networks shares have returned -16.6% over the past month, compared to the Zacks S&P 500 composites +5.8% change. The company is expected to post earnings of $0.61 per share for the current quarter, a change of +1.7% from the year-ago quarter. The consensus sales estimate of $176.04 million for the current quarter points to a year-over-year change of +21.3%. The companys valuation is considered to be trading at a discount to its peers. Despite the negative stock performance, the companys Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term.
Public Trading
growth-positive
7 Growth Stocks to Buy for the Next Bull Run: February 2024
The article discusses several companies that are expected to benefit from a potential bull run in the stock market. Perion, a $1.5 billion advertising company, recently made a $100 million acquisition of Hivestack and announced a partnership with Amazon. Cloudflare, a cloud services provider, has seen a 32% YoY revenue growth in Q3 2023. Alphabet achieved double-digit revenue growth rates across its advertising and cloud segments. HubSpot, a customer relationship management platform, increased its revenue by 26% YoY in Q3 2023. Elf Beauty, with a market cap just shy of $9 billion, has robust revenue and net income growth. Supermicros shares soared to an all-time high after reporting earnings. Celsius Holdings, a sports beverage company, grew its net income by 146% YoY.
PartnersAcquisitionExpand
growth-positive
Perion Network Ltd. (NASDAQ:PERI) Q4 2023 Earnings Call Transcript
Perion Network Ltd. reported its Q4 2023 earnings, revealing continued profitability and notable growth in search, CTV, and retail media. The company also announced the strategic acquisition of HiveStack in December 2023, expanding its geographical and channel reach. Looking ahead to 2024, Perion plans to enhance its touch points across the consumer journey using advanced technology and is increasing its investment in technology through its in-house R&D teams. With a strong cash flow from operation of over $150 million a year and a total cash of over $470 million, Perion is well positioned to execute additional acquisitions.
InvestmentAcquisitionExpand
Growth-Positive
Perion Network (PERI) Beats Q4 Earnings and Revenue Estimates
Perion Network reported quarterly earnings of $1.04 per share, surpassing the Zacks Consensus Estimate of $0.97 per share. This is an increase from earnings of $0.90 per share a year ago. The company, which belongs to the Zacks Internet - Content industry, posted revenues of $234.23 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 0.48%. This compares to year-ago revenues of $209.67 million. Despite the positive earnings report, Perion Network shares have lost about 4.5% since the beginning of the year.
CustomersPublic Trading
Perion’s Diversification Strategy Continues to Drive Strong Performance as Company Achieves Quarterly Growth in Search, CTV and Retail Media
Growth-Negative
Why Perion Network Stock Was Sliding Today
Shares of Perion Network fell by 16.3% following the release of its Q4 earnings report and disappointing guidance for 2024. Despite solid Q4 results, with revenue rising 12% to $234.2 million and adjusted earnings per share rising 16% to $1.04, the companys weaker-than-expected guidance for 2024 led to the stocks decline. Perion forecast revenue of $860 million to $880 million, up 17% at the midpoint of the range, or up 10% excluding the acquisition of Hivestack. This was below the average analyst expectation of $887.2 million.
Acquisition
growth-positive
Perion Network (PERI) Q4 2023 Earnings Call Transcript
Perion Network has reported its Q4 2023 earnings, highlighting substantial achievements over the year and plans for future growth. The companys CEO, Tal Jacobson, discussed the companys mission to unlock advertising possibilities across all screens, platforms, and locations, powered by advanced technology. Perions technologies and solutions are designed to interact naturally with consumers across their journey. The company reported continued profitability for Q4, with notable growth in search, CTV and retail media. Looking ahead to 2024, Perion plans to enhance its touch points across the consumer journey using cutting-edge technology and is increasing its investment in technology through its in-house R&D teams. The company is also actively seeking inorganic opportunities that align with its vision.
InvestmentExpand
Perion's Hivestack Partners with Eletromidia to Integrate Entire Digital Inventory Across 46,000 Screens in Brazil
Growth-Positive
3 Growth Stocks With Serious Potential to Make You a Millionaire
The article discusses three growth stocks with serious potential for high returns: Elf Beauty, Perion, and Duolingo. Elf Beauty, a cosmetics company, has seen a 173% gain over the past year and a 5-year gain of 1,790%. It has also reported 184% year-over-year net income growth in Q2 FY24. Perion, a small advertising company based in Israel, reported 17% year-over-year revenue growth in Q3 2023. Duolingo, an educational app company, has seen an 84% gain over the past year and achieved 43% year-over-year revenue growth in Q3 2023.
CustomersInvestmentExpand
growth-positive
Perion Network (PERI) to Report Q4 Earnings: What to Expect
Perion Network is expected to release its fourth-quarter 2023 results on February 7, with revenues estimated at $233.11 million, an increase of 11.18% from the same quarter last year. Earnings are expected to be 97 cents per share, a 7.78% increase from the previous year. The companys performance is likely to have been boosted by its digital advertising industry, driven by its strong technology infrastructure and diversified product portfolio. Strength across high-margin segments, like Display and Search Advertising, is expected to have aided Perion’s top line.
Customers
growth-positive
Perion Stock (NASDAQ:PERI): This AdTech Company Thrived While Others Struggled
Perion, an AdTech company, has been thriving despite the struggles of other advertising companies like Meta Platforms and Alphabet. The company has seen double-digit revenue growth and a 20% net profit margin in 2023. Perion has a market cap of $1.38 billion and an enterprise value of around $850 million, with zero debt. The company recently acquired Hivestack for $100 million to improve its digital out-of-home advertising. Despite a 13% drop in stock over the past year, the company has seen a 795% gain over the past five years. Perions partnership with Microsoft, which generates revenue through Bing’s search engine, is set to expire this year.
AcquisitionExpand
Neutral
Should You Invest in Perion Network (PERI) Based on Bullish Wall Street Views?
Perion Network currently has an average brokerage recommendation (ABR) of 1.83, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by six brokerage firms. However, the article suggests that making an investment decision solely on the basis of this information might not be a good idea due to the vested interest of brokerage firms in a stock they cover often resulting in a strong positive bias of their analysts in rating it. The article also discusses the Zacks Rank, a proprietary stock rating tool, and suggests using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
Investment
Growth-Positive
Buy Alert: 3 Tech Stocks Sitting in the Sweet Spot
The article discusses three tech stocks that are poised for significant growth. Direct Digital Holdings, a programmatic advertising company, has seen its stock value increase fivefold in two months. The companys revenue grew by 129% year over year, reaching $59.5 million. Perion, another advertising company, continues to grow despite a decrease in its stock price. The company recently introduced AI-generated voice ads, which could give it a competitive edge. Alphabet, the largest advertising company, saw a 55% stock gain over the past year. Its Google Advertising network contributed to 77.7% of the companys total revenue in the third quarter.
Investment
Growth-Positive
Perion Network (PERI) Outperforms Broader Market: What You Need to Know
Perion Networks stock closed at $31.20, marking a 1.46% increase from the previous trading session. This outperformed the S&P 500s daily gain of 0.76%. However, the companys shares have seen a decrease of 0.39% over the last month. The company is scheduled to release its earnings on February 7, 2024, with analysts expecting earnings of $0.97 per share, marking a year-over-year growth of 7.78%. The Zacks Consensus Estimate for revenue is projecting net sales of $233.11 million, up 11.18% from the year-ago period. Perion Network is currently holding a Zacks Rank of #3 (Hold).
Investment
growth-positive
7 Growth Powerhouse Stocks Poised to Surge
The article discusses seven companies that are poised for growth. Sterling Infrastructure has seen a 466% increase in its stock over the past five years and reported a 13.7% growth rate in revenue. Perion, a small advertising company, has seen its shares increase by 800% over the past five years. Axcelis Technologies, a company that offers wafers for chipmakers, has seen a 557% increase in its stock over the past five years. Stride, an educational management platform, has seen a 93% increase in its stock over the past year. Supermicro, a company at the center of the AI boom, has seen its shares increase by 2,830% over the past five years. Zscaler, a security cloud platform company, has seen a 40% year-over-year revenue growth. Lastly, Crowdstrike, a cybersecurity company, has seen its shares increase by 364% over the past five years.
InvestmentCustomersPartners
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock has been closely watched by Zacks.com visitors recently. The digital media companys shares have returned -2.7% over the past month, compared to the Zacks S&P 500 composites +2.5% change. The company is expected to post earnings of $0.97 per share for the current quarter, a year-over-year change of +7.8%. The consensus earnings estimate of $3.27 for the current fiscal year indicates a year-over-year change of +32.4%. The companys valuation is graded A, indicating that it is trading at a discount to its peers.
Growth-Negative
Perion Network (PERI) Stock Sinks As Market Gains: What You Should Know
Perion Networks stock closed at $29.79, marking a -0.07% move from the previous day, underperforming the S&P 500s daily gain of 0.29%. Over the past month, the digital media companys shares have lost 0.8%, lagging behind the Computer and Technology sectors gain of 3.67% and the S&P 500s gain of 2.08%. The companys upcoming earnings report is expected on February 7, 2024, with a forecasted EPS of $0.97, a 7.78% increase from the same quarter of the previous year. The revenue is expected to be $233.11 million, an 11.18% increase from the year-ago quarter.
Public Trading
growth-positive
Top 7 Millionaire-Maker Stocks to Buy for a 10-Fold Return
The article discusses seven stocks that have the potential for significant growth, each representing a unique sector. These include Palantir, which has seen a 33% year-over-year growth in Q3 2023 in the U.S. commercial space; Perion, whose retail media solutions have seen an 81% year-over-year revenue increase; Opera, which surpassed its projected revenue in Q3 2023; TPG, which has a robust portfolio and is positioning itself for the next wave of growth; Frontline, which has robust liquidity and a balanced leverage approach; Celestica, which has diversified revenue streams and operational excellence; and Super Micro, which is focusing on AI and GPU solutions.
CustomersInvestmentExpand
Perion Network to Announce Fourth Quarter and Full Year 2023 Financial Results on February 7, 2024
growth-negative
Why Perion Network (PERI) Dipped More Than Broader Market Today
Perion Networks stock closed at $28.22, a 1.6% decrease from the previous trading day, underperforming the S&P 500. Over the past month, the digital media companys shares have lost 6.82%, lagging behind the Computer and Technology sectors gain of 1.27% and the S&P 500s gain of 1.2%. The company is expected to report an EPS of $0.97 in its upcoming earnings disclosure, a 7.78% increase from the prior-year quarter. The Zacks Consensus Estimate for revenue is projecting net sales of $233.11 million, up 11.18% from the year-ago period. Perion Network currently holds a Zacks Rank of #3 (Hold).
Public Trading
Perion Integrates Amazon Publisher Services (APS) Through the Vidazoo Platform to Expand Reach of High-Quality Demand to More Publishers
growth-positive
Adtech company Perion Network acquiring Hivestack for $100 million | CTech
Perion Network, an Israeli digital advertising company, has announced the acquisition of Hivestack, a digital out-of-home (DOOH) advertising platform, for $100 million in cash. An additional $25 million could be paid in cash and equity as part of a three-year employee retention and performance-based payment plan. Hivestacks platform is used by many large brands and partners, including Uber, Colgate, and Lego. The acquisition aligns with Perions objective to expand its technological capabilities and product offerings. Perions CEO, Tal Jacobson, also revealed plans for further acquisitions in 2024.
AcquisitionExpand
Perion Continues to Deliver Strong Results with 17% Year-Over-Year Increase in Revenue and 29% Growth in Adjusted EBITDA
Growth-Positive
Perion Network (PERI) to Report Q3 Earnings: What to Expect
Perion Network is expected to release its third-quarter 2023 results on November 1, with revenues estimated at $184.48 million, marking a 16.30% increase from the previous year. Earnings per share are expected to increase by 24.59% from the year-ago quarter. The companys performance is likely to be driven by its digital advertising industry, with revenues from Display Advertising and Search Advertising segments increasing by 22% and 21% respectively. The companys Display Advertising revenues are expected to benefit from the rising adoption of its video and Connected TV solutions.
Customers
growth-positive
12 Best Advertising Stocks To Invest In
The article discusses the potential growth in the advertising industry, with data company Magna increasing its ad growth estimate for 2023 to 5.2% from 4.2%. The companys executive vice president of global market intelligence, Vincent Létang, suggests that this could be a turning point for the industry. The article also mentions that digital media is expected to see a rise of 9.6% in 2023. The article then lists the 12 best advertising stocks to invest in, according to hedge funds, including Alphabet Inc., Amazon.com, Inc., and Meta Platforms, Inc.
Investment
Growth-Negative
Perion Network (PERI) Declines More Than Market: Some Information for Investors
Perion Networks stock ended at $25.26, marking a 1.35% decrease from its previous close. The companys performance trailed the S&P 500s daily loss of 0.17%. Over the past month, the digital media companys shares have lost 14.65%, underperforming the Computer and Technology sector and the S&P 500. The companys upcoming earnings report, expected on November 1, 2023, is anticipated to show earnings of $0.76 per share, a YoY growth of 24.59%, and net sales of $184.48 million, up 16.3% from the previous year. The company is currently a Zacks Rank #3 (Hold) and is trading at a Forward P/E ratio of 8.06, which is lower than the industry average.
Public Trading
Growth-Negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks shares have returned -14.7% over the past month, compared to the Zacks S&P 500 composites -4% change. The company is expected to post earnings of $0.76 per share for the current quarter, a year-over-year change of +24.6%. The consensus sales estimate of $184.48 million for the current quarter points to a year-over-year change of +16.3%. The company reported revenues of $178.47 million in the last reported quarter, a year-over-year change of +21.7%. Perion Network is graded A on the Zacks Value Style Score, indicating that it is trading at a discount to its peers.
Investment
Neutral
Is It Worth Investing in Perion Network (PERI) Based on Wall Street's Bullish Views?
Perion Network currently has an average brokerage recommendation (ABR) of 1.83, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by six brokerage firms. However, the article suggests that making an investment decision solely on the basis of this information might not be a good idea due to the vested interest of brokerage firms in a stock they cover often resulting in a strong positive bias of their analysts in rating it. The Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.18 for Perion Network.
Investment
Growth-Positive
Wall Street Thinks This AI Stock Has 56% Upside. I Think Another Rising AI Stock Can Do Better.
Nvidia, a chipmaker company best known for its graphics processing units (GPUs), has seen its shares nearly triple this year, outperforming analyst expectations in the last two quarters. While most of its semiconductor peers are struggling with cyclical headwinds, including an inventory glut and lower prices due to the pandemic, Nvidias sales have skyrocketed.
Public Trading
growth-positive
3 Small-Cap Stocks That Are Ready to Pop Off
The article discusses the potential of small-cap stocks to generate high returns for investors, focusing on three companies: AeroVironment, Sterling Infrastructure, and Perion. AeroVironment, a defense contractor, has seen a 40% YoY revenue jump and a 361% YoY net income surge, with projections for FY 2024 revenue between $645 million and $675 million. Sterling Infrastructure, a construction company, has seen its shares soar by over 500% in the past five years, with a 13% YoY revenue growth in Q2. Perion, a digital advertising company, reported a 22% YoY revenue growth and a 10% YoY net income growth in Q2.
InvestmentAcquisition
Perion Network (PERI) Dips More Than Broader Market: What You Should Know
Growth-Negative
Those who invested in Perion Network (NASDAQ:PERI) five years ago are up 892%
Perion Network Ltd.s share price has dropped 16% in the last quarter, causing concern among shareholders. However, the companys returns over the last five years have been impressive, with the share price climbing 892%. The company became profitable in the last half decade, which is often a major inflection point signaling fast earnings growth. The Perion Network share price is up 285% in the last three years, while EPS is up 98% per year. The CEOs remuneration is reportedly more modest than most CEOs at similarly capitalized companies.
Perion Network (PERI) Exceeds Market Returns: Some Facts to Consider
Outperform the Market with These 3 Expert Analyst Picks
Perion Network to Announce Third Quarter 2023 Financial Results on November 1, 2023
growth-negative
Unveiling Perion Network (PERI)'s Value: Is It Really Priced Right? A Comprehensive Guide
Perion Network Ltd, a technology company offering online advertising and search solutions, is reportedly overvalued despite its strong financial condition and fair profitability. The companys stock trades at $28.52 per share, with a market cap of $1.30 billion. However, its GF Value, an estimate of fair value, stands at $21.68, indicating that the stock might be significantly overvalued. Perion Network has been profitable 8 years over the past 10 years, with an operating margin of 18.76%. Its growth ranks better than 79.95% of 384 companies in the Interactive Media industry.
Investment
Neutral
Is Perion Network (PERI) a Buy as Wall Street Analysts Look Optimistic?
The article discusses the reliability of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. It uses Perion Network as an example, which currently has an average brokerage recommendation (ABR) of 1.83, approximating between Strong Buy and Buy. However, the article warns that brokerage firms often have a vested interest in the stocks they cover, resulting in a strong positive bias. Therefore, it suggests that the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stocks price movement.
Investment
Path to Prosperity: 3 Growth Stocks That Can Turn $10,000 to $1 million
Growth-Positive
Perion Network (PERI) Outpaces Stock Market Gains: What You Should Know
Perion Networks stock closed at $30.40, marking a 1.03% increase from the previous day, outpacing the S&P 500s daily gain of 0.81%. Despite losing 10.95% in the past month, the companys upcoming earnings release is of interest to investors, with projected EPS at $0.76, a 24.59% increase compared to the same quarter of the previous year. Revenue is predicted to be $184.48 million, a 16.3% increase compared to the same quarter of the previous year. Full-year estimates are calling for earnings of $3.18 per share and revenue of $741.74 million, representing year-over-year changes of +28.74% and +15.85%, respectively.
Investment
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock has been trending negatively, with a return of -11% over the past month. The company is expected to post earnings of $0.76 per share for the current quarter, a year-over-year change of +24.6%. The consensus sales estimate for the current quarter is $184.48 million, a year-over-year change of +16.3%. Despite these positive estimates, the companys stock is rated Zacks Rank #3 (Hold), suggesting it may perform in line with the broader market in the near term. Perion Networks valuation is graded A, indicating it is trading at a discount to its peers.
Public Trading
Have $1,000? These 2 Stocks Could Be Bargain Buys for 2023 and Beyond
Growth-Positive
Don’t Miss the Boom: 3 Mid-Cap Stocks Set to Explode Higher
The article discusses the potential of mid-cap stocks for long-term investors, focusing on three companies: Perion, Celsius Holdings, and Axcelis Technologies. Perion, an ad-tech company, has shown resilience in economic slowdowns and reported strong financials in Q2 2022. Celsius Holdings, a sports beverage company, has seen a 4,000% gain over the past five years and reported over 100% YoY revenue growth in Q2. Axcelis Technologies, which assists in producing transistors and boosting chip efficiency, has healthy profit margins and growing financials. All three companies are seen as having potential for significant growth.
CustomersPartnersInvestment
Growth-Negative
Perion Network (PERI) Stock Moves -0.03%: What You Should Know
Perion Networks shares closed at $30.11 in the latest trading session, marking a -0.03% move from the prior day. This was narrower than the S&P 500s daily loss of 1.47%. Prior to this, shares of the digital media company had lost 8.89% over the past month. The company is expected to report EPS of $0.76, up 24.59% from the prior-year quarter. The Zacks Consensus Estimate for revenue is projecting net sales of $184.48 million, up 16.3% from the year-ago period. Perion Network currently has a Zacks Rank of #3 (Hold).
Investment
growth-negative
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Networks shares have returned -10% over the past month, compared to the Zacks S&P 500 composites -1.4% change. The company is expected to post earnings of $0.76 per share for the current quarter, indicating a change of +24.6% from the year-ago quarter. The consensus sales estimate for the current quarter of $184.48 million indicates a year-over-year change of +16.3%. The company reported revenues of $178.47 million in the last reported quarter, representing a year-over-year change of +21.7%. Perion Network is graded A on the Zacks Value Style Score, indicating that it is trading at a discount to its peers.
Customers
Neutral
Brokers Suggest Investing in Perion Network (PERI): Read This Before Placing a Bet
The article discusses the reliability of brokerage recommendations for stock investments, using Perion Network as an example. It mentions that Perion Network has an average brokerage recommendation (ABR) of 1.83, which suggests a strong buy. However, the article warns that these recommendations may not always be reliable due to the vested interests of brokerage firms. It suggests using tools like the Zacks Rank, which is based on earnings estimate revisions, to validate investment decisions. The Zacks Rank for Perion Network is currently #3 (Hold).
Investment
growth-negative
Perion Network (PERI) Stock Moves -0.9%: What You Should Know
Perion Networks shares closed at $30.93, a 0.9% decrease from the previous trading session. This was a smaller loss than the S&P 500s 0.94% loss on the same day. Over the past month, the digital media companys shares have lost 6.53%, underperforming the Computer and Technology sectors gain of 3.69% and the S&P 500s gain of 1.85%. The company is expected to report an EPS of $0.76 in its next earnings release, a 24.59% increase from the previous year. Revenue is expected to be $184.48 million, a 16.3% increase from the previous year.
Public Trading
Industry Leader Kenny Lau joins Perion as Chief Product Officer of its Advanced Advertiser Solutions
Growth-Positive
Perion Network (PERI) Outpaces Stock Market Gains: What You Should Know
Perion Networks stock closed at $31.25, marking a 1.26% increase from the previous day, outpacing the S&P 500s daily gain of 0.84%. Over the past month, the digital media companys shares had lost 9.82%, lagging behind the Computer and Technology sectors gain of 2.69% and the S&P 500s gain of 0.19%. The company is expected to report an EPS of $0.76 in its next earnings release, up 24.59% from the prior-year quarter. The companys full-year Zacks Consensus Estimates are calling for earnings of $3.18 per share and revenue of $741.74 million, representing year-over-year changes of +28.74% and +15.85%, respectively.
Public Trading
growth-positive
Perion Network Ltd. (NASDAQ:PERI) is largely controlled by institutional shareholders who own 64% of the company
Institutional investors hold a significant 64% stake in Perion Network Ltd., which implies a strong influence over the companys share price. The largest shareholder is Clal Financial Management Ltd, owning 4.9% of the stock. The second and third largest shareholders hold about 4.3% and 4.2% of the stock respectively. The general public, including retail investors, own a 36% stake in the company. The ownership data suggests credibility amongst professional investors and a vote of confidence in the companys future.
Investment
growth-negative
Investors Heavily Search Perion Network Ltd (PERI): Here is What You Need to Know
Perion Networks stock has been underperforming, with a -1% return over the past month. Despite media reports or rumors about significant changes in the companys business prospects, fundamental factors ultimately drive the buy-and-hold decision. Earnings estimates for the company have remained unchanged over the last 30 days. The company is expected to post earnings of $0.76 per share for the current quarter, a +24.6% change from the year-ago quarter. The consensus sales estimate of $184.48 million for the current quarter points to a year-over-year change of +16.3%. The companys valuation is graded A, indicating it is trading at a discount to its peers.
Public Trading
Growth-Positive
Perion’s AI-Based SORT® Wins Digiday Technology Award for Mercedes-Benz USA Digital Campaign Success
Perion Network Ltd., a global technology company, announced that its AI-based proprietary technology, SORT®, won the Best Cookieless Identification Technology category at the 2023 Digiday Technology Awards. The award recognizes the success of the digital campaign Perion created for Mercedes-Benz USA (MBUSA), utilizing SORT® for driving interest in MBUSA’s CPO vehicles, while achieving high standards of privacy. Perion’s Advertising Solutions division, Undertone, partnered with Mercedes-Benz USA and Merkley & Partners on rigorous A/B testing, where SORT® impressively outperformed third-party cookies and contextual targeting CTRs by over 50%.
CustomersPartners
growth-negative
Perion Network (PERI)'s True Worth: Is It Overpriced? An In-Depth Exploration
Perion Network Ltds stock appears to be significantly overvalued according to GuruFocus valuation method. The companys financial strength is strong, with a cash-to-debt ratio of 51.42, better than 69.35% of companies in the Interactive Media industry. Perion Network has been profitable 8 out of the past 10 years, with an operating margin of 18.76%. The companys growth ranks better than 77.72% of companies in the Interactive Media industry. However, due to the overvaluation, the long-term return of its stock is likely to be much lower than its future business growth.
None
Neutral
Wall Street Bulls Look Optimistic About Perion Network (PERI): Should You Buy?
Perion Networks stock has been analysed by Wall Street analysts, with an average brokerage recommendation (ABR) of 1.67, suggesting a strong buy. However, the article cautions against making investment decisions solely based on this information, citing studies that show brokerage recommendations often have little success in guiding investors to high-potential stocks. This is due to the vested interests of brokerage firms, which often rate stocks they cover with a strong positive bias. The article suggests using the ABR to validate the Zacks Rank, a proprietary stock rating tool, as a more effective way of making profitable investment decisions.
Investment
growth-positive
The 3 Most Promising Sleeper Stocks to Own Now
The article discusses three sleeper stocks that are undervalued but have strong fundamentals and compelling business models. These include ePlus, a software-as-a-service solution provider that has recently launched a threat detection response service and posted $574.1 million in sales for the second quarter. Perion, a digital advertising company, has seen double-digit revenue and earnings growth, with its second-quarter sales increasing by 22% year-over-year. Alibaba, a Chinese tech company, is undergoing a major reorganization into six specialized groups and has seen its shares soar by over 6.5% following impressive first-quarter results.
CustomersPartnersInvestment
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock performance has been negatively impacted, with a decrease of -9.7% over the past month. The companys future direction is uncertain. Revisions to earnings estimates are important in determining the fair value of the stock, and Perion Network is expected to post positive earnings growth. The consensus sales estimate also indicates potential revenue growth. The company has a strong track record of beating consensus EPS estimates. In terms of valuation, Perion Network is trading at a discount to its peers. Overall, the companys Zacks Rank #3 suggests it may perform in line with the broader market. The article provides insights for investors to consider when evaluating Perion Networks stock.
Customers
growth-positive
Want to Get Rich? 3 Game-Changing Tech Stocks to Buy Right Now
The article discusses three tech stocks that are potential buy-and-hold investments: Fortinet, Broadcom, and Perion Network. Fortinet, a leading cybersecurity company, has shown consistent revenue and earnings growth and presents a good buying opportunity for investors. Broadcom, benefiting from the AI boom, has a strong financial performance and is set to acquire VMware. Perion Network, with a low valuation and growth opportunities in the advertising industry, is undervalued and has good revenue growth. The article emphasizes the long-term wealth potential of these tech stocks despite challenges in the market.
CustomersInvestment
growth-negative
Want to Get Rich? 3 Game-Changing Sleeper Stocks to Buy Right Now
The article discusses three sleeper stocks that have the potential for high returns: Perion, Deere & Company, and Inmode. Perion is an ad-tech company with double-digit revenue and earnings growth and a low valuation. Deere & Company has a reasonable valuation and has been performing well, despite a recent decline in stock price. Inmode, an Israeli-based company, produces medical devices and has experienced record-breaking revenue and net income growth. The article highlights these stocks as potential investment opportunities that are not as well-known as stocks like Nvidia.
Customers
growth-positive
1 AI Stock to Buy Before It Takes Off
Perion Network, a small-cap adtech company, is set to benefit from the launch of ChatGPT and its partnership with Microsofts Bing search engine. The article discusses the race to tap into the power of generative AI and machine learning, with Perion Network being well-positioned to leverage these technologies through its AI-based intelligent hub. The partnership with Microsofts Bing gives Perion Network the potential to gain market share from Google. Overall, the article has a growth-positive impact on Perion Network.
Partners
growth-negative
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Networks stock performance has been negatively impacted, with shares returning -4.2% over the past month. The companys future direction is uncertain, but earnings estimate revisions are being closely monitored. For the current quarter, Perion Network is expected to post earnings of $0.76 per share, indicating a change of +24.6% from the year-ago quarter. The consensus sales estimate for the current quarter is $184.48 million, indicating a year-over-year change of +16.3%. Perion Network has a strong externally audited track record and is rated Zacks Rank #3 (Hold). The companys valuation metrics suggest it is trading at a discount to its peers. Overall, the article suggests that investors should pay attention to the market buzz about Perion Network but also consider the companys Zacks Rank and valuation.
Investment
growth-positive
Returns On Capital Are Showing Encouraging Signs At Perion Network (NASDAQ:PERI)
Perion Network has shown an increasing return on capital employed (ROCE) and an expanding base of capital employed, indicating a great business model with profitable reinvestment opportunities. The companys ROCE of 19% is higher than the industry average of 8.2%. Over the past five years, Perion Networks returns on capital employed have risen substantially, and the amount of capital employed has increased by 275%. These trends are common among successful companies. Investors have seen a total return of 989% over the last five years. However, further due diligence is recommended. The article provides a warning sign and suggests researching companies with good balance sheets and impressive returns on equity.
CustomersPartners
growth-positive
PERI vs. RELX: Which Stock Is the Better Value Option?
Perion Network and RELX PLC are both Internet - Content stocks that are currently ranked as a buy by Zacks Investment Research. Both companies have seen positive earnings estimate revisions, indicating an improving earnings outlook. However, when considering traditional metrics used by value investors, such as the P/E ratio, PEG ratio, and P/B ratio, Perion Network appears to be the superior value option. Perion Network has a forward P/E ratio of 11.05, a PEG ratio of 0.50, and a P/B ratio of 2.54, compared to RELXs forward P/E ratio of 23.20, PEG ratio of 2.22, and P/B ratio of 15.46.
Investment
Growth-Positive
"המטרה שלנו: להיהפך לאחת החברות המרכזיות בעולם הפרסום הדיגיטלי"
Tal Jacobson has taken over as CEO of Perion Network, a digital advertising company valued at 5.9 billion shekels. The new CEO will need to maintain the companys growth rate and make impressive acquisitions, with a cash box of $480 million at his disposal. The company aims to become one of the main companies in the world of digital advertising.
Management ChangesExpand
Growth-Positive
Perion Network Announces Conference Participation in August-September 2023
Perion Network Ltd., a global multi-channel advertising technology company, has announced its participation in several upcoming conferences including the Oppenheimer 26th Annual Technology, Internet & Communications Conference, the Citi 2023 Global Technology Conference, and the Jefferies Tech Trek 2023 Conference. At each event, the companys management will host one-on-one meetings with investors. The companys solutions cover all major channels of digital advertising, including search advertising, social media, display, video, and CTV advertising, all of which converge at Perion’s intelligent HUB (iHUB).
Management Changes
growth-positive
This AI Stock Just Crushed Estimates Again. Time To Buy?
Perion Network, an Israel-based ad tech company, has reported a 22% increase in revenue to $178.5 million for its second quarter, exceeding estimates. The company, known for its intelligent hub (iHUB) that connects digital ad buyers and sellers, also saw a 65% increase in adjusted earnings per share to $0.84. In addition, Perion has raised its revenue guidance from a range of $725 million-$745 million to a new range of $730 million-$750 million, indicating a 16% year-over-year growth.
Customers
growth-positive
Perion Delivers Strong Results with 22% Year-Over-Year Increase in Revenue and 45% Growth in Adjusted EBITDA
Perion Network Ltd., a global multi-channel advertising technology company, has reported its financial results for the second quarter ended June 30, 2023. The companys second-quarter revenue and adjusted EBITDA grew by 22% and 45% respectively. The companys CEO, Tal Jacobson, attributed this growth to the companys focus on profitability and margin expansion, driven by efficiency and innovation. The companys CTV revenue increased by 104% year-over-year to $7.2 million, and its Retail Media revenue increased by 63% year-over-year to $10.1 million. The company has raised its annual revenue and adjusted EBITDA guidance to reflect increased profitability and margin expansion.
InvestmentExpand
Growth-Positive
Perion Network (PERI) Q2 Earnings and Revenues Top Estimates
Perion Network reported quarterly earnings of $0.84 per share, surpassing the Zacks Consensus Estimate of $0.71 per share. This is an increase from earnings of $0.51 per share a year ago. The company also posted revenues of $178.47 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $146.66 million. The companys shares have added about 40.2% since the beginning of the year. The future performance of the stock will depend on managements commentary on the earnings call.
InvestmentPublic Trading
growth-positive
AI Stock Leader Perion Networks Nears Buy Point After Strong Earnings Results
Perion Networks, a leader in AI stock, is nearing its latest buy point following strong earnings results. The companys stock is expected to rise due to the positive financial results.
Investment
Neutral
Perion Network (PERI) Q2 2023 Earnings Call Transcript
Perion Network has held its Q2 2023 earnings call, hosted by CEO Tal Jacobson and CFO Maoz Sigron. The discussion included forward-looking statements, but the company does not plan to update these to reflect future events or circumstances.
Growth-Positive
Perion Network (PERI) to Report Q2 Earnings: What to Expect
Perion Network is expected to release its second-quarter 2023 results on August 2, with estimates suggesting a 20.01% increase in revenues from the year-ago quarter, reaching $176 million. Earnings are also expected to increase by 39.22% to 71 cents per share. The companys performance is likely to have been boosted by its diversified revenue base, with revenues from Display Advertising and Search Advertising increasing by 16% and 15% respectively. The growing requirement for privacy is also expected to have driven demand for SORT, thereby driving the companys top-line growth.
Customers
growth-positive
Dynatrace (DT) to Report Q1 Earnings: What's in the Cards?
Dynatrace is set to report its first-quarter fiscal 2024 results on August 2, with non-GAAP earnings projected at 22 cents per share and revenues estimated between $325 million and $328 million, indicating a 22-23% increase year over year. The companys performance is expected to benefit from strong demand for its unified observability and security platform and an expanding clientele. Collaborations with hyperscalers like Google Cloud, Microsoft, and Amazon are likely to have contributed to its fiscal first-quarter performance. However, macroeconomic headwinds and cautious spending by enterprises are expected to have hurt top-line growth.
CustomersPartnersInvestment
growth-positive
Perion Network (PERI) Reports Next Week: Wall Street Expects Earnings Growth
Perion Network is expected to report a year-over-year increase in earnings on higher revenues for the quarter ended June 2023. The digital media company is expected to post quarterly earnings of $0.71 per share, representing a year-over-year change of +39.2%. Revenues are expected to be $176 million, up 20% from the year-ago quarter. The earnings report, which is expected to be released on August 2, 2023, might help the stock move higher if these key numbers are better than expectations. The company currently carries a Zacks Rank of #2.
Investment
growth-positive
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock has been performing well, with a return of 10.1% over the past month. The company is expected to post earnings of $0.71 per share for the current quarter, a year-over-year change of +39.2%. The consensus sales estimate for the current quarter is $176 million, indicating a year-over-year change of +20%. The company has consistently beaten consensus EPS estimates in the past four quarters. Perion Networks Zacks Rank is #2 (Buy), suggesting it may outperform the broader market in the near term.
Investment
growth-positive
Zacks Industry Outlook Highlights Airbnb, RELX and Perion
The article discusses the growth of internet content industry participants Airbnb, RELX, and Perion Network. These companies are benefiting from the increasing demand for digital offerings and the importance of video content and cloud-based applications. They are also expanding their presence across social media, display and connected TV, and search. However, the industry is facing challenges due to the reversal of pandemic-led trends, global macroeconomic conditions, inflation, higher interest rates, and the ongoing war between Russia and Ukraine. Despite these challenges, the industrys prospects remain bright, driven by ad spending rates and the growing demand for digital offerings.
CustomersExpand
Growth-Positive
Perion Network (PERI) Outpaces Stock Market Gains: What You Should Know
Perion Networks stock closed at $34.25 in the latest trading session, marking a 1% increase from the previous day, outpacing the S&P 500s daily gain of 0.4%. Over the past month, shares of the digital media company have gained 3.67%, outperforming the Computer and Technology sectors gain of 2.6%. Analysts expect Perion Network to post earnings of $0.67 per share in its next earnings report due on August 2, 2023, marking a year-over-year growth of 31.37%. The companys full-year earnings are expected to be $2.93 per share with a revenue of $738.14 million, marking changes of +18.62% and +15.29%, respectively, from last year.
growth-positive
3 Internet Stocks to Buy From a Prospering Industry
Companies in the Zacks Internet - Content industry, including Airbnb, RELX, and Perion Network, are experiencing growth due to the increasing demand for digital offerings and the importance of video content and cloud-based applications. These companies are expanding their presence across social media, display and connected TV, and search, which is driving their top-line growth. However, the industry is facing challenges due to the reversal of pandemic-led trends, challenging global macroeconomic conditions, persistent inflation, higher interest rates, and the ongoing war between Russia and Ukraine.
CustomersInvestment
Not applicable
Inside The 50: A Few Growth Stock Leaders Offer Entries After A Strong Run-Up
The article discusses the performance of growth stocks listed on IBD 50. It mentions that few leaders are showing great price action as they carve bases. However, the specific companies or stocks are not mentioned in the provided text.
Not applicable
Growth-Positive
When Should You Buy Perion Network Ltd. (NASDAQ:PERI)?
Perion Network Ltd. has seen a decent share price growth in the teens level on the NASDAQGS over the last few months. The stock’s price-to-earnings ratio of 15.67x is currently trading slightly above its industry peers’ ratio of 15.02x, indicating a reasonable price. The companys earnings over the next few years are expected to increase by 34%, indicating a highly optimistic future. However, the market has already priced in Perion’s positive outlook, with shares trading around industry price multiples. The article suggests that now may not be the most advantageous time to buy, given it is trading around industry price multiples.
Growth-Positive
Hunting for Growth Mixed with Value: Buy These 3 Stocks Now
The article discusses the performance of three companies, AmerisourceBergen, Perion Network Ltd., and Livent, in the stock market. AmerisourceBergen, a pharmaceutical and healthcare product distributor, has seen steady growth and is expanding outside of the U.S. The company is also changing its name to Cencora to reflect its global ambitions. Perion Network Ltd., a digital advertising technology company, has seen a revenue jump of 34% last year and is well-positioned to capitalize on the shift of ad dollars to digital channels. Livent, a lithium firm, has seen a revenue growth of 93% in 2022 and 45% in FY21, with demand for lithium projected to outrun supply for years to come.
CustomersPartnersAcquisitionExpand
Wall Street Analysts Think Perion Network (PERI) Is a Good Investment: Is It?
growth-positive
Airbnb, Inc. (ABNB) Hits Fresh High: Is There Still Room to Run?
Airbnb, Inc.s shares have been on the rise, with the stock up 13% over the past month and hitting a new 52-week high of $147.4. The company has seen a 70% gain since the start of the year. This outperformance is attributed to the companys consistent positive earnings surprises. For the current fiscal year, Airbnb is expected to post earnings of $3.53 per share on $9.52 billion in revenues, representing a 26.52% change in EPS on a 13.3% change in revenues. For the next fiscal year, the company is expected to earn $4.10 per share on $10.75 billion in revenues. The company currently has a Zacks Rank of #2 (Buy).
Investment
growth-positive
Perion Network (PERI) Outpaces Stock Market Gains: What You Should Know
Perion Networks stock closed at $35.94 in the latest trading session, marking a 1.78% increase from the previous day. This outpaced the S&P 500s daily gain of 0.71%. Over the past month, shares of the digital media company had gained 4.96%, outpacing the Computer and Technology sectors gain of 2.78% and the S&P 500s gain of 2.65%. Analysts expect Perion Network to post earnings of $0.67 per share in its next earnings report due on August 2, 2023, marking a year-over-year growth of 31.37%. The company is also projected to have net sales of $176 million, up 20.01% from the previous year.
Investment
growth-positive
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Networks stock has been closely watched by Zacks.com visitors recently. Over the past month, the digital media companys shares have returned +3.2%, compared to the Zacks S&P 500 composites +3.4% change. The company is expected to post earnings of $0.67 per share for the current quarter, indicating a change of +31.4% from the year-ago quarter. The consensus sales estimate of $176 million for the current quarter points to a year-over-year change of +20%. The companys Zacks Rank is #2 (Buy), indicating that it may outperform the broader market in the near term.
Investment
growth-positive
PERI vs. ABNB: Which Stock Is the Better Value Option?
Perion Network and Airbnb, Inc. are both considered good investment options due to their positive earnings estimate revisions. However, based on valuation figures, Perion Network is considered the superior value option. The company has a forward P/E ratio of 12.47 compared to Airbnbs 38.94, and a PEG ratio of 0.50 compared to Airbnbs 1.89. Perion Network also has a P/B ratio of 2.71, while Airbnbs is 16.62. These metrics, among others, have earned Perion Network a Value grade of A, while Airbnb has a Value grade of C.
Investment
Growth-Positive
Perion Network (PERI) Outpaces Stock Market Gains: What You Should Know
Perion Networks stock closed at $36.26, marking a 0.89% increase from the previous day, outpacing the S&P 500s daily gain of 0.74%. Over the past month, shares of the digital media company have gained 4.54%, outperforming the Computer and Technology sectors gain of 2.44% and the S&P 500s gain of 3.34%. As Perion Network approaches its next earnings report date on August 2, 2023, analysts expect the company to post earnings of $0.67 per share, a year-over-year growth of 31.37%. The Zacks Consensus Estimate for revenue is projecting net sales of $176 million, up 20.01% from the year-ago period.
growth-positive
4 Top Stocks to Buy Now for Solid Earnings Growth
The article discusses the importance of earnings growth for a companys longevity and share price. It explains how earnings estimates, which reflect analysts opinions on factors like sales growth, product demand, competitive industry environment, profit margins, and cost control, can serve as a valuable tool for making investment decisions. The article then provides a list of stocks that have shown strong earnings growth and positive estimate revisions, including Summit Materials, Perion Network, Kinsale Capital Group, and AssetMark Financial.
Investment
Are Investors Undervaluing Perion Network (PERI) Right Now?
Growth-Positive
Will Perion Network (PERI) Beat Estimates Again in Its Next Earnings Report?
Perion Network, a digital media company, has been maintaining a strong streak of surpassing earnings estimates in its last two reports. The company has topped estimates by 21.98%, on average, in the last two quarters. For the most recent quarter, Perion Network was expected to post earnings of $0.52 per share, but it reported $0.60 per share instead. The Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat. The companys next earnings report is expected to be released on August 2, 2023.
Growth-Positive
3 Growth Stocks to Buy for Short-Term Gains
The article discusses three growth stocks that investors can consider for short-term gains. These include Perion, an undervalued advertising technology stock that has recently announced a 20% YoY revenue growth and 40% YoY adjusted EBITDA growth in Q2. Zscaler, a cloud security company, has seen its stock appreciate by roughly 60% since May, despite being unprofitable. Crowdstrike, a cybersecurity company, has reported a profitable quarter, breaking a streak of unprofitable quarters. The company has also initiated or strengthened several partnerships.
CustomersPartners
growth-positive
7 A-Rated Tech Stocks to Buy This July
The article discusses seven tech stocks that are expected to perform well in July. These include Oracle, which is investing heavily in AI and cloud services; Nvidia, a leading provider of graphic processing units and accelerated processing systems; Super Micro Computer, a developer and manufacturer of computer server and storage solutions; ClearOne, a provider of professional-level audio and video products and cloud-based collaboration services; Perion, an Israeli-based advertising and communications company; Opera, a provider of internet browsers for desktop and mobile devices; and Hello Group, a social networking company in China.
AcquisitionCustomersInvestment
growth-positive
The Zacks Analyst Blog Highlights InterDigital, Infineon, NetEase, Perion Network and Vertiv Holdings
The article discusses the reasons to buy tech stocks and highlights five tech companies that are worth investing in. The companies mentioned are InterDigital, Infineon Technologies, NetEase, Perion Network, and Vertiv Holdings. The article emphasizes the solid performance and growth potential of the tech sector, as well as the opportunity to invest in innovation and tap into the natural demographic advantage of younger generations. It also mentions the strong financials of tech companies and their ability to generate huge profits. The valuation of the mentioned companies is considered attractive, making it a good time to buy their stocks. The article was published on June 30, 2023.
InvestmentExpand
growth-positive
Best Growth Stocks to Buy for June 29th
The article discusses three stocks with buy ranks and strong growth characteristics, including Vertiv Holdings Co. The company has a Zacks Rank #1 (Strong Buy) and has seen an increase in its Zacks Consensus Estimate for current year earnings. Vertiv has a PEG ratio of 0.46 and a Growth Score of B. The article highlights the growth potential of the company and recommends it as a stock to consider for investors. The article also mentions two other companies, InterDigital and Perion Network, with similar growth characteristics.
Investment
growth-positive
ANSYS (ANSS) Enhances Discovery Platform With EM Modeling
ANSYS has expanded the capabilities of its Ansys Discovery platform by incorporating high-frequency electromagnetics (EM) modeling for antennas. This allows engineering teams to conduct virtual exploration of multiple design areas simultaneously, reducing the need for physical prototyping and testing. The integration of EM into Ansys Discovery creates an advanced multiphysics simulation environment and offers efficient integration with other Ansys products. The enhanced features enable companies to investigate new concepts in the early stages of antenna design, improving performance for applications related to the Internet of Things, 5G technology, and autonomous vehicles.
Expand
growth-negative
Perion Network (PERI) Dips More Than Broader Markets: What You Should Know
Perion Networks stock closed at $30.54, marking a -1.96% move from the previous day. Analysts expect the company to post earnings of $0.63 per share in its next earnings report, representing year-over-year growth of 23.53%. The Zacks Consensus Estimates project full-year earnings of $2.84 per share and revenue of $734.59 million, which would represent changes of +14.98% and +14.73%, respectively, from the prior year. The company currently has a Zacks Rank of #1 (Strong Buy) and a Forward P/E ratio of 10.98, indicating a discount compared to its industrys average. The Internet - Content industry, in which Perion Network operates, has a Zacks Industry Rank of 67, putting it in the top 27% of all industries.
Public Trading
growth-positive
Fortive (FTV) Launches IWMS to Transform Facility Management
Fortive Corporations operating companies, ServiceChannel and Accruent, have partnered to create an Integrated Workplace Management System (IWMS) for businesses with multiple locations. The collaboration aims to provide comprehensive solutions for real estate and facility management sectors. The partnership will offer insights into real estate management, energy management, and asset condition monitoring. The companies already share a customer base of over 50 organizations. Fortive Corporation plans to invest in multiyear megatrends like automation, digitization, and electrification to manage the cyclicality of its businesses. The company expects significant growth in software and recurring revenues in the coming years.
PartnersCustomers
growth-positive
Best Growth Stocks to Buy for June 28th
The article discusses three stocks with buy ranks and strong growth characteristics, including Afya Limited. Afya Limited, a medical education company, has seen its Zacks Consensus Estimate for its current year earnings increase by 13.5% over the last 60 days. The company has a Growth Score of A and a PEG ratio of 0.48. The article provides information on two other stocks as well, EnerSys and Perion Network Ltd.
Investment
growth-positive
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock performance has returned +6.3% in the past month, outperforming the Zacks S&P 500 composite. The companys earnings estimates for the current quarter and fiscal year have remained unchanged, indicating positive growth. The consensus sales estimate for the current quarter suggests a year-over-year change of +15.8%. Perion Network has consistently beaten consensus EPS estimates and reported a surprise of +2.47% in revenues. The company is trading at a discount to its peers, indicating it is undervalued. With a Zacks Rank #2 (Buy), Perion Network is expected to outperform the broader market in the near term.
Customers
growth-positive
Best Growth Stocks to Buy for June 21st
The article discusses three stocks with buy ranks and strong growth characteristics for investors to consider. One of the stocks mentioned is Stride, a premier provider of K-12 education. Stride has a Zacks Rank #1 (Strong Buy) and has witnessed an increase in its earnings estimate. The company has a PEG ratio of 0.71 and a Growth Score of B. The article highlights Strides positive growth potential and recommends it as a stock to consider. The article was published on June 21st.
Customers
growth-positive
3 Hot Small-Cap Stocks for High-Risk, High-Reward Investors
The article discusses three small-cap stocks that have the potential for high growth and returns. CarParts.com, formerly known as Auto Parts Network, has experienced a surge in sales during the Covid-19 pandemic and is investing in technology and marketing initiatives. The company aims for long-term revenue growth and has a market cap of $228.7 million. Perion Network, an Israeli company, connects ad buyers and sellers and has a close partnership with Microsoft. It has a market cap of $1.6 billion and is expanding through acquisitions. Western Union offers money transfer services worldwide and has a market cap of $4.4 billion. The company is focusing on its digital channel and aims to simplify global money transfers. The article suggests that these small-cap stocks are attractive options for investors seeking high-potential investments.
CustomersExpand
growth-negative
Perion Network (PERI) Dips More Than Broader Markets: What You Should Know
Perion Networks stock closed at $33.16, marking a -1.43% move from the previous day. The companys stock has gained 11.02% over the past month, outpacing the sector and the S&P 500. Perion Network is projected to report earnings of $0.63 per share, representing year-over-year growth of 23.53%. Analyst estimates suggest earnings of $2.84 per share and revenue of $734.59 million for the full year, marking changes of +14.98% and +14.73% respectively. The company has a Zacks Rank of #1 (Strong Buy) and a Forward P/E ratio of 11.86, indicating a discount compared to the industry average. The Internet - Content industry, to which Perion Network belongs, has a Zacks Industry Rank of 45, putting it in the top 18% of all industries.
Public Trading
growth-positive
Perion Network and Peabody Energy have been highlighted as Zacks Bull and Bear of the Day
The article discusses Perion Networks strong financial performance, highlighting its revenue growth and improved efficiency. The companys diverse revenue channels have driven consistent growth, with display advertising revenues and connected television revenues showing significant boosts. Perion Networks operating profit has more than doubled from the previous year. The favorable Zacks Rank is attributed to recent upside earnings estimate revisions. Analysts have increased estimates for the current year and next year, leading to higher Zacks Consensus Estimates. The article also mentions Peabody Energy as the Bear of the Day due to analysts dropping their earnings estimates for the company. The coal industry is ranked poorly in the Zacks Industry Rank. Additionally, the article discusses three other stocks on the verge of a breakout: Salesforce, PGT Innovations, and Alamo Group.
CustomersInvestment
growth-positive
Bull of the Day: Perion Network (PERI)
Perion Network, a digital advertising solutions provider, has shown promising financial performance with revenue growth across its diverse channels. Display Advertising revenues increased by 23.6% YoY, while Connected Television revenues saw a 42% boost. Search Advertising and other revenues surged by 48.6% YoY. The companys Traffic Acquisition Costs (TAC) increased but as a percentage of revenues, TAC decreased, indicating improved efficiency. Perion Networks operating profit more than doubled from the previous year. The favorable Zacks Rank is attributed to upside earnings estimate revisions by analysts. The companys Zacks Consensus Estimates for the current year and next year have also increased. Overall, Perion Network is experiencing consistent growth and positive market sentiment.
CustomersInvestment
Growth-Positive
Top Stock Picks for Week of June 19, 2023
Dave & Busters Entertainment and Perion Network Ltd. have reported impressive quarterly earnings, surpassing the Zacks Consensus Estimate. Dave & Busters has seen a rise in its shares over the past six months, backed by robust main event stores sales, expansion efforts, and digital innovations. The company is also focusing on international expansion, having signed two franchise agreements for new stores in India and Australia. Perion Network has also surpassed consensus EPS estimates four times over the last four quarters.
CustomersPartnersExpand
growth-positive
These IBD 50 Growth Stocks Are Coming Back To Life
The article discusses the revival of growth stocks in the IBD 50 index and highlights potential breakouts and buying opportunities. It indicates a positive impact on the companys growth. The key theme of the article is the resurgence of these stocks. The key issues discussed include customers and partners. The article does not mention any specific investors, acquisition or investment amounts, layoffs, or company valuation. The date of the event described in the article is not provided.
CustomersPartners
growth-positive
Are Investors Undervaluing DHI Group (DHX) Right Now?
The article discusses value investing and highlights DHI Group as a potential undervalued stock. DHI Group has a Zacks Rank of #2 and a high Value grade. The companys P/S ratio and P/CF ratio are lower than the industry average, indicating that it may be undervalued. The article also mentions Perion Network as another undervalued stock. Value investors may consider these stocks based on their valuation metrics and strong earnings outlook.
Customers
growth-positive
Perion Network Ltd (PERI) Is a Trending Stock: Facts to Know Before Betting on It
Perion Network (PERI) is a digital media company that has returned +4.9% over the past month. The article discusses the importance of earnings estimate revisions in determining a stocks performance. Perion Network is expected to post earnings of $0.63 per share for the current quarter, indicating a change of +23.5% from the year-ago quarter. The consensus earnings estimate for the current fiscal year is $2.84, a year-over-year change of +15%. The article also mentions the companys revenue growth forecast, last reported results, surprise history, and valuation. Perion Network is graded B on valuation, indicating it is trading at a discount to its peers. Overall, the article suggests that Perion Network may outperform the broader market in the near term.
Customers
growth-positive
Best Value Stocks to Buy for June 13th
The article discusses three stocks with a buy rank and strong value characteristics for investors to consider. VersaBank, Greif, Inc., and Perion Network Ltd. are highlighted as companies with positive growth potential. VersaBank has seen an increase in its Zacks Consensus Estimate for earnings, while Greif, Inc. and Perion Network Ltd. have also witnessed growth in their earnings estimates. The article emphasizes the value scores and price-to-earnings ratios of these companies. Overall, the article provides investment recommendations based on the companies rankings and value characteristics.
Investment
Growth-Positive
Perion Network (PERI) Gains But Lags Market: What You Should Know
Perion Networks stock closed at $33.71, a 0.51% increase from the previous trading session. This lagged behind the S&P 500s 0.93% gain on the day. Over the past month, shares of the digital media company have gained 1.3%. As Perion Network approaches its next earnings report date, it is expected to report an EPS of $0.63, up 23.53% from the prior-year quarter. The Zacks Consensus Estimate for revenue is projecting net sales of $169.81 million, up 15.78% from the year-ago period. Perion Network is currently holding a Zacks Rank of #2 (Buy).
Public Trading
Perion Network Stock Sees Its Composite Rating Jump To 97
growth-positive
Best Value Stocks to Buy for June 5th
The article discusses three stocks, including Enterprise Products Partners L.P., that have a buy rank and strong value characteristics. Enterprise Products Partners L.P. has seen an increase in its Zacks Consensus Estimate for its current year earnings. The company has a low price-to-earnings ratio (P/E) and a Value Score of B. The article provides a link to the full list of top-ranked stocks and offers readers the opportunity to download the 7 Best Stocks for the Next 30 Days.
Investment
growth-positive
What Makes Perion Network (PERI) a New Strong Buy Stock
Perion Network has been upgraded to a Zacks Rank #1 (Strong Buy) due to an upward trend in earnings estimates. The upgrade reflects positivity about the companys earnings outlook, which could lead to an increase in its stock price. Rising earnings estimates imply an improvement in Perion Networks underlying business. The Zacks Rank stock-rating system, which tracks earnings estimate revisions, has a strong correlation with near-term stock movements. Perion Network is expected to earn $2.84 per share for the fiscal year ending December 2023, with analysts steadily raising their estimates for the company. The upgrade to a Zacks Rank #1 indicates that the stock might move higher in the near term.
Investment
growth-positive
Best Growth Stocks to Buy for June 5th
The article discusses three stocks with buy ranks and strong growth characteristics, including Graphic Packaging Holding Company. The company has a Zacks Rank #1 and has seen an increase in its Zacks Consensus Estimate for current year earnings. Graphic Packaging Holding Company provides fiber-based packaging solutions to various industries. It has a low PEG ratio compared to the industry average and a Growth Score of B. The article highlights the companys positive growth potential and recommends it as a stock to consider for investors.
Customers
growth-negative
Investors Heavily Search Perion Network Ltd (PERI): Here is What You Need to Know
Perion Networks stock has returned -3% over the past month, while the Zacks Internet - Content industry has lost 4.5% over the same period. The companys earnings estimates have been revised upwards, indicating a positive outlook. Perion Network is expected to post earnings of $0.63 per share for the current quarter, representing a year-over-year change of +23.5%. The consensus sales estimate for the current quarter points to a year-over-year change of +15.8%. The company has consistently beaten consensus EPS estimates and revenue estimates in the past. Perion Network is trading at a discount to its peers, indicating that it is undervalued. The Zacks Rank for the company is #2 (Buy), suggesting that it may outperform the broader market in the near term.
Customers
growth-positive
Best Value Stocks to Buy for June 1st
The article discusses three stocks with a buy rank and strong value characteristics, including BayerischeMotoren Werke Aktiengesellschaft. The company specializes in catering to the premium segments of the global automobile and motorcycle markets. It has a Zacks Rank #1 and has witnessed an increase in its Zacks Consensus Estimate for current year earnings. BayerischeMotoren Werke Aktiengesellschaft has a low price-to-earnings ratio compared to the industry and possesses a Value Score of A. The article provides a link to the full list of top-ranked stocks and encourages readers to download the 7 Best Stocks for the Next 30 Days.
Investment
growth-negative
Is Perion Network (PERI) a Buy as Wall Street Analysts Look Optimistic?
The article discusses the reliability of brokerage recommendations and how they affect the stock price of Perion Network. The average brokerage recommendation (ABR) for Perion Network is 1.67, suggesting a buy. However, the article highlights that brokerage recommendations may not always be reliable due to the vested interests of brokerage firms. The Zacks Rank, a quantitative model based on earnings estimate revisions, is considered a more effective indicator of a stocks price performance. The Zacks Rank for Perion Network is #2 (Buy), indicating growing optimism among analysts. The article advises investors to use brokerage recommendations as a validation tool rather than the sole basis for investment decisions.
Investment
Growth-Positive
Should Value Investors Buy DHI Group (DHX) Stock?
The article discusses the value investing strategy in the stock market, highlighting DHI Group (DHX) as a company to watch. The company currently holds a Zacks Rank of #2 (Buy) and a Value grade of A. Value investors often use the P/S ratio (price divided by sales) as a performance indicator, and DHXs P/S ratio of 1.16 compares favorably to its industrys average P/S of 1.18. The article also mentions Perion Network (PERI) as another company of interest for value investors.
growth-positive
If EPS Growth Is Important To You, Perion Network (NASDAQ:PERI) Presents An Opportunity
Perion Network has shown improving profits, with a significant increase in earnings per share over the last year. The companys revenue and EBIT margins are also growing, indicating positive growth. Insiders have a significant amount of capital invested in the stock, aligning their interests with shareholders. The CEOs compensation is reasonable compared to similar-sized companies. Perion Networks earnings growth and other positive factors make it worth considering for investment, although investment risk should still be taken into account.
CustomersPartners
growth-negative
Spruce Point shorts ad-tech firm Perion Network
Spruce Point Capital Management has disclosed a short position in Perion Network, expressing concerns about the accuracy of the companys financial reporting. They believe that Perion shares could fall up to 40% due to factors such as the expiration of their Microsoft partnership. Perion Network responded by stating that they make all required disclosures and take compliance measures. Spruce Point also alleges that Perions results have been achieved with suspiciously low capital expenditures and research and development costs. The article mentions that Perion reported quarterly revenue growth of 16% and raised its full-year forecasts. However, Spruce Point believes that the company will have difficulty in meeting its growth targets. The article does not mention any specific partners or customers.
PartnersCustomers
growth-negative
UPDATE 2-Spruce Point shorts ad-tech firm Perion Network
Spruce Point Capital Management has disclosed a short position in Perion Network, expressing concerns about the accuracy of the companys financial reporting and its dependency on a Microsoft partnership. Spruce Point believes that Perion shares could fall up to 40% due to these factors. Perion Network responded by stating that it is a highly regulated company that complies with all required disclosures. The company recently reported quarterly revenue growth of 16% and raised its full-year forecasts. However, Spruce Point alleges that Perion will struggle to meet its growth targets and has achieved its results with suspiciously low capital expenditures and research and development costs. Perion Networks shares fell 2% in response to the short-seller report.
PartnersCustomers
growth-positive
Best Growth Stocks to Buy for May 23rd
The article discusses three stocks with buy ranks and strong growth characteristics, including Stride, a premier provider of K-12 education. Stride has a Zacks Rank #1 and has seen an increase in its earnings estimate. The company has a PEG ratio of 0.74 and a Growth Score of B. The article highlights Strides positive growth potential.
Customers
growth-negative
Perion Network Ltd (PERI) is Attracting Investor Attention: Here is What You Should Know
Perion Networks stock performance has been negative, with a -20.2% return over the past month. The companys earnings estimates have been revised upwards, indicating potential growth. The consensus sales estimate for the current quarter suggests a year-over-year change of +15.8%. Perion Network has consistently beaten consensus EPS estimates and revenue estimates in the past. The company is trading at a discount to its peers, according to valuation metrics. Overall, the article suggests that Perion Network may outperform the broader market in the near term.
Customers
growth-positive
Perion Network (PERI) Loses -20.19% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Perion Networks stock has been declining but is now in oversold territory, indicating a potential trend reversal. Wall Street analysts predict better earnings for the company. The stocks RSI reading is 28.77, suggesting that the selling pressure may be exhausting itself. Additionally, there has been an increase in earnings estimates for the current year. Perion Network has a Zacks Rank #2 (Buy), further indicating a potential turnaround. The article suggests that investors may find entry opportunities in the stock for benefiting from the rebound.
Public Trading
growth-positive
TipRanks ‘Perfect 10’ List: 2 Stocks That Will Benefit Most From ChatGPT’s Meteoric Growth (Besides Microsoft)
The article discusses the impact of AI on the tech industry and the stock market. It highlights two companies, Perion Network and Nvidia Corporation, that are connected to AI and have shown growth. Perion Network, which has a strategic partnership with Microsofts Bing search engine, has seen a strong correlation between its earnings and Bings user numbers, especially after the integration of ChatGPT into Bing. Perion Networks last quarterly report showed a 16% year-over-year increase in total revenue. Nvidia, a leader in the semiconductor chip industry, has benefited from the high demand for GPUs in gaming, AI, and other applications. Despite a decline in gaming revenues during the pandemic, Nvidia has rebounded and made moves into the AI sector. The companys AI platform is available as a cloud offering in partnership with Microsoft and Google. Investors have shown confidence in Nvidias AI story, and the stock has seen significant growth.
PartnersCustomers
growth-positive
3 Stocks to Buy Now for a Sizzling Summer Rally
Perion, a global advertising company, has achieved significant growth in revenue and net income despite the declining earnings in the broader industry. The company focuses on digital ads and has multiple revenue streams. Axcelis Technologies, a producer of equipment for semiconductor manufacturers, has outperformed the S&P Semiconductor ETF and is expected to see a 12% increase in revenue. Walmart, a retail conglomerate, is benefiting from consumers turning to affordable businesses due to high inflation and rising interest rates. The company has achieved steady revenue growth and offers a sustainable dividend. The article suggests that these three stocks are worth buying before a potential summer rally in the stock market.
Customers
1 Under-the-Radar Tech Stock to Buy in 2023
growth-positive
Best Growth Stocks to Buy for May 19th
The article discusses three stocks with buy ranks and strong growth characteristics, including Chipotle Mexican Grill, Inc. Chipotle has witnessed an increase in its Zacks Consensus Estimate for its current year earnings. The company has a PEG ratio of 1.48 and a Growth Score of A. The article also mentions Ollies Bargain Outlet Holdings, Inc. and Perion Network Ltd as other top-ranked stocks. Overall, the article provides positive growth prospects for Chipotle Mexican Grill, Inc. and the other mentioned companies.
Customers
Outgoing CEO boosted Perion's market cap twelvefold
Perion's Momentum Extends into the Fourth Quarter of 2022 - Preliminary Results Show Over 60% YoY Adjusted EBITDA Growth and 30% YoY Revenue Growth.
growth-negative
Perion Network lays off 20, moves some US activity to Israel
Perion Network is transferring the New York activities of Content IQ to its Israeli headquarters in Holon. This move involves 20 layoffs, 19 in New York and 1 in Israel. The layoffs represent a 5% cut in the workforce. Perions share price fell 1.43% on Nasdaq. Perion appointed Eliran Ben-Yehuda to manage CIQ and transfer management from New York to Israel. Perion continues to grow and hire employees, with over 30 job vacancies.
Layoffs
growth-positive
פריון מותירה את התחזית השנתית עם הכנסות של כ-630 מיליון דולר
פריון נטוורק, a digital advertising solutions provider, launched a campaign titled The Complete Guide to Your Privacy on the Internet. The campaign showcases the SORT technology, the companys first cookie-less solution that ensures privacy and anonymity. The companys revenue for 2022 is expected to range from $620-640 million, reflecting a yearly growth of approximately 32%. The adjusted EBITDA is projected to increase by around 44% to $98-102 million, with the adjusted EBITDA margin expected to grow from 37% to 40%. The article mentions the companys stock, but no specific investors or partners are mentioned. The event described in the article is dated June 29, 2022.
Customers
Perion Announces Neutronian's Study of over 110 Campaigns Demonstrates 2X CTR Lift by Using SORTTM Targeting Technology Over Traditional Third-Party Cookies
Perion Generates Record Year-Over-Year 368% GAAP Net Income Growth; $15.5 Million, $0.33 EPS Revenue Up 40% to $125.3 Million
growth-positive
Perion Network wins Microsoft Advertising award
Perion Networks search advertising business unit CodeFuel has been named Microsoft Advertisings 2021 Supply Partner of the Year EMEA. The partnership has shown excellence in collaboration, resulting in engagement, revenue growth, feature adoption, and joint activities. Perion Network reported a revenue of $158 million in the fourth quarter of 2021, a 34% increase from the previous year. The company emphasizes the strategic importance of the partnership with Microsoft Advertising in the growing eCommerce sector. They aim to continue building their publisher network while maintaining quality standards.
Partners
Perion Network Announces Closing of $180.0 Million Follow-on Offering of Ordinary Shares, Including Full Exercise of Underwriters' Option to Purchase Additional Shares
growth-positive
Perion acquires video monetization platform Vidazoo for up to $93.5 million
Perion Network has acquired video technology startup Vidazoo for a total amount of $93.5 million. Vidazoos video monetization platform will expand Perions capabilities and revenue. The acquisition is expected to add around $15 million to Perions revenue in 2021, taking its projections to $430-435 million, with adjusted EBITDA climbing to $52-53 million. Vidazoo generated revenue of $31.9 million in 2020 and has a revenue outlook of $45 million for 2021. The deal eliminates intermediate functions and creates a direct relationship between advertisers and publishers.
Acquisition
growth-positive
רבעון חזק לפריון נטוורק: מעלה שוב את התחזית השנתית
Perion Network has reported strong Q2 preliminary results, with expected revenues of $105 million, a 74% increase from the same quarter last year and a 17% increase from the previous quarter. The companys adjusted EBITDA is expected to reach $13.5 million, compared to $2.5 million in the same quarter last year and $8.8 million in the previous quarter. As a result of the strong results, Perion has raised its annual forecast for the third time in a short period. The updated forecast predicts revenues of $410-430 million, a 28% increase compared to 2020.
Customers
growth-positive
Perion Network: Google changes won't harm us
Perion Network Ltd., a provider of Internet search and digital advertising solutions, has experienced significant growth in its stock price. The company remains confident in its ability to reach its long-term financial targets despite recent changes in Googles advertising policy. Perion has expanded its revenue streams beyond email and search by acquiring companies such as Undertone and the toolbar division of Conduit. The company has focused on reducing debt, improving operational efficiency, and increasing spending on research and development. Perion recently extended its agreement with Microsoft Bing and has raised its revenue guidance for the future. The company believes that Googles policy change will have minimal impact on its revenue due to its diversified business model and focus on contextual targeting and owned content.
CustomersPartners
Perion's Strong 2020 Momentum Continues, Increases its Annual Revenue and Adjusted EBITDA Guidance Due to Expected 31% Year Over Year Revenue Growth in the First Quarter of 2021
growth-positive
פריון עקפה את התחזיות ומציבה יעד הכנסות של חצי מיליארד ד' ב-2023
Perion Network, a provider of digital advertising and internet search solutions, has exceeded analysts forecasts in its Q4 reports, both in terms of revenue and profit. The companys revenue grew by 51% compared to the same quarter, amounting to $118 million. The companys advertising revenue jumped by 159% to $68.4 million, while search revenue fell by 3.7% to $49.9 million. For 2021, Perion expects revenues of $350-370 million, a growth of 6.7%-12.8% compared to 2020. The companys CEO, Doron Gerstel, set a target for 2023 of achieving revenues of about $500 million.
Customers
growth-positive
פריון לא עוצרת: משלימה זינוק של 175% בשלושה חודשים
פריון נטוורק, a digital advertising company, experienced a significant increase in its stock price following a recent acquisition made by Magnite, a company in the same industry. Magnite announced the acquisition of SpotX from RTL for $1.17 billion, with half of the amount in cash and the rest in stocks. The acquired company had revenues of $116 million in 2020. Meanwhile, פריון נטוורק has been trading at a much lower multiple, even after the stock price jump. The company is expected to finish 2020 with revenues of $320-325 million. פריון נטוורק will be releasing its financial reports for the fourth quarter and full year 2020 soon.
Partners
Perion Network Ltd. Announces Closing of $66 Million Follow-on Offering of Ordinary Shares, Including Full Exercise of Underwriters' Option to Purchase Additional Shares
Perion Network Ltd. Announces Upsize and Pricing of $57.4 Million Follow-on Offering of Ordinary Shares
growth-positive
Perion Network soars on upgraded guidance
Perion Networks share price has increased by 46% following upgraded guidance, bringing its market cap to $298 million. The company expects fourth-quarter revenue to be in the range of $100-105 million, representing a 31% growth from the previous year. EBITDA is expected to be $13-14 million, a growth of 11%. The revenue growth is driven by revenue synergies from recent acquisitions and higher demand for CTV and video offerings. Perion Networks partnership with Microsoft and increased engagement from publishers contribute to its diversification strategy and expected double-digit revenue growth rates in the future. Investment houses have raised their price targets for Perion Networks shares in response to the higher guidance.
Investment
Perion and Microsoft Renew Their Strategic Partnership for Four Years
Perion Network Increases Second Half 2020 Financial Guidance and Announces Third Quarter Reporting Date
growth-positive
Perion buys digital publishing tech co Pub Ocean
Perion Network has announced the acquisition of Pub Ocean, a digital publisher-focused technology company. The acquisition is expected to be immediately accretive and contribute more than $25 million in revenue and $5 million in adjusted EBITDA to Perion in the first 12 months. Pub Ocean will be integrated into Perions ContentIQ (CIQ) division to build a new media supply chain. Chris Ingham Brooke, the founder of Pub Ocean, will become executive vice president at CIQ. The acquisition is seen as a strategically important move for Perion, providing significant synergies and growth opportunities.
Partners
growth-positive
Perion buys Content IQ as web goes cookie-less
Perion Network has acquired Content IQ for up to $73 million. Content IQ is a digital publishing orchestration system that helps solve digital publishing challenges. The acquisition will provide Perion with a proprietary solution and prepare them for a cookie-less environment. The acquisition price includes $15 million in cash upon closing, with an additional $11 million as a retention incentive. There are also earn-outs of up to $47.05 million tied to revenue and EBITDA-based metrics. Content IQ had revenue of approximately $26 million in the first nine months of 2019. Perion Networks share price has increased by over 14% on the Tel Aviv Stock Exchange following the announcement.
PartnersInvestment
growth-positive
Link-up with TVadSync boosts Perion Network
Perion Networks unit Undertone is partnering with TVadSync to provide targeted advertising to television viewers. The partnership aims to combine custom and one-to-one quality ACR television viewership data with Undertones Synchronized Digital Branding digital creative. The announcement led to a more than 7% increase in Perion Networks share price. Undertones president, Dan Aks, stated that the partnership will deliver precision and real-time retargeting, driving full-funnel engagement in an increasingly fragmented view environment. TVadSyncs founder and CEO, Ronan Higgins, expressed that the combination of TVs emotive power and digitals full-funnel capabilities will give marketers the synergy they have been hungry for.
Partners
growth-positive
Ad-tech co Perion unit partners with Pinterest
Perion Networks Inc.s digital ad-tech unit MakeMeReach has formed a strategic partnership with Pinterest. This partnership allows clients to create trackable cross-network advertising journeys for their customers, with campaigns managed through a unified dashboard. MakeMeReachs platform brings together the power of all dominant social channels, including Google search advertising, to maximize campaign performance. The partnership with Pinterest is a key component of MakeMeReachs social initiative and aligns with Perions mission to capture a growing share of digital spending. The goal is to provide advertisers with tools and insights to derive value from their social and ad search budgets.
Partners
growth-positive
Perion buys Ukrainian AI startup
Perion Network has acquired Septa Communications, also known as Captain Growth, for up to $3.5 million. The acquisition is meant to complement Perions Synchronized Digital Branding solution and is not expected to have a significant impact on the companys financial results. Captain Growths AI capabilities will be integrated into Undertone, a company that Perion acquired in 2015. This integration will enhance cross-channel synchronization and intelligence in advertising campaigns. Perion Network is traded on Nasdaq and the Tel Aviv Stock Exchange with a market cap of $70 million.
Acquisition
Perion Reports Second Quarter 2018 Results Perion Network Ltd.
growth-negative
Chairman of Ad-tech company Perion Network Steps Down
Alan Gelman, chairman of the board of directors of Perion Network Ltd., has stepped down from his position. This comes after the departure of Perions Chief Financial Officer and another board member. Perion, an ad-tech company, has seen a significant decline in its stock price since 2013, dropping over 90%. The companys stock value is currently at $0.95, compared to its peak value of $14.38 in May 2013. Perion is set to publish its 2017 financial reports soon, which show net losses of $35.5 million and a decrease in revenues.
Management Changes
Perion Extends and Enhances 3 Years Agreement with Bing
Perion's 'Undertone' Division Announces Collaboration with The Associated Press for 'First-To-Market' Opportunity on Top 25 Sports Poll
growth-positive
Perion Introduces Facebook Canvas Support with Unique Retargeting
Perion, a global advertising technology company, announced that customers advertising campaigns can now be extended through Facebook Canvas. The company can now retarget users who have seen their high impact messages with a related ad in social environments across Facebook and Instagram. Perion combines the creative capabilities of Undertones PIXEL Studios with the power of MakeMeReach platform to support Facebook Canvas. This move reinforces Perions leadership in high impact advertising and enhances their retargeting capabilities. Perion is committed to providing high-quality advertising solutions to brands and publishers.
CustomersPartners
Israeli Firm Perion Acquires Undertone for $180 Million
growth-positive
Perion Networks acquires MakeMeReach for $15m
Perion Networks Inc. has acquired French social media advertising developer MakeMeReach. The financial details of the acquisition were not disclosed, but market sources estimate that Perion will pay $10-15 million. This acquisition comes after Perions previous acquisition of US mobile ad company Grow Mobile Inc. for $17 million. MakeMeReach will become the operations center for Perion Europe and will expand Perions GrowMobile offering in the social media space. Perion aims to provide developers with effective mobile advertising tools.
Acquisition
growth-positive
Israel's Perion doubles down on mobile advertising with acquisition of Paris-based MakeMeReach
Perion Network has announced the acquisition of MakeMeReach, a social media advertising platform based in Paris. This acquisition strengthens Perions position in mobile marketing campaigns and allows mobile app developers to efficiently scale their advertising campaigns on social media. MakeMeReachs platform, AdsOptim, will be integrated into Perions mobile marketing division, GrowMobile. Perion aims to provide developers with effective mobile advertising tools and become a leading provider of mobile marketing technology. MakeMeReach will serve as the European arm of GrowMobile. The acquisition aligns with Perions goal of offering a centralized platform for a wide range of traffic sources.
Acquisition
Perion Network Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 660 |
| Team members | 4 |
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Perion Network Internal
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Admin Info
| Confidence | 92/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 512849498 |
| Crunchbase | perion |
| Phone | +972733981000 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-07-03T00:00:00.000Z |
| Created | 2014-08-11T00:00:00.000Z |
| Status detail | Public on NASDAQ on Jan, 2006;Public on TASE on Nov, 2007; |