Peraso (PRSO) has drawn positive analyst attention after Benchmark upgraded the stock to 'Outperform', citing a strong and diversified product pipeline poised to drive growth in wireless infrastructure and next-generation communications. The upgrade reflects confidence in Peraso’s technology leadership and near-term revenue potential.
- Benchmark upgraded Peraso (PRSO) to 'Outperform' based on a strong product pipeline
- Four next-gen RF front-end solutions in development, three slated for production within 12 months
- Three confirmed design wins with North American telecom equipment providers
- Projected fiscal 2026 revenue growth of 37% YoY
- Strategic partnerships with three Tier-1 network equipment manufacturers
- 22% of revenue reinvested in R&D, focusing on mmWave and 6G-ready technologies
Peraso Inc. (PRSO) is gaining momentum in the semiconductor and wireless communications space following a favorable assessment by Benchmark, which upgraded the company to 'Outperform' based on its expanding product roadmap. The firm highlighted that Peraso’s current pipeline includes four key next-generation RF front-end solutions targeting 5G mmWave and emerging 6G applications, with three expected to enter production within the next 12 months. These products are designed for high-bandwidth applications in fixed wireless access, enterprise networks, and mobile infrastructure, positioning Peraso at the forefront of the evolving wireless ecosystem. Benchmark’s analysis noted that Peraso’s 28nm CMOS-based RFICs and advanced beamforming modules are already in early-stage customer trials, with two design wins confirmed in North American telecom equipment providers. The company’s projected revenue growth for fiscal 2026 is estimated at 37% year-over-year, driven primarily by increased volume shipments of its high-performance mmWave transceivers. Additionally, Peraso has secured strategic partnerships with three Tier-1 network equipment manufacturers, reinforcing its market penetration and long-term contract visibility. The upgrade comes amid rising demand for high-frequency wireless components, particularly as operators accelerate 5G deployments and begin testing 6G prototypes. Peraso’s focus on scalable, low-power RF solutions gives it a competitive edge in power-sensitive applications such as small cells and fixed wireless access gateways. Analysts believe the company’s current R&D spending—approximately 22% of its revenue—will yield tangible commercial advantages over the next two fiscal years. Investors are closely watching Peraso’s execution on its product roadmap, as the stock’s valuation has already reflected optimism around its 2025–2026 revenue trajectory. The upgrade may trigger renewed interest from growth-oriented funds and institutional investors focused on semiconductors with clear technological differentiation.