Press release
Peraso Inc. (NASDAQ: PRSO) Rockets Forward: Ladenburg Thalmann Issues Report Amid Explosive Q2 Growth, mmWave Surge FFIE, GDC, INBS, KAVL
Peraso Inc. (NASDAQ: PRSO) has captured the attention of analysts following the release of its robust Q2 2024 financial results. Ladenburg Thalmann, a prominent investment firm, has issued a buy rating and a price target of $3.75, reflecting confidence in the company's growth trajectory. See entire report. [https://thestreetreports.com/wp-content/uploads/2024/08/PRSO-report.pdf]In its August 2024 update, Ladenburg Thalmann highlighted Peraso's impressive revenue of $4.2 million, which surpassed their projections by $200,000. This performance was driven by substantial gains in both the mmWave and memory segments, with mmWave revenue surging by 180% sequentially. The strong revenue mix also led to higher-than-expected margins.
Looking ahead, Ladenburg Thalmann remains optimistic about Peraso's future, projecting $16 million in revenue for 2025, with mmWave revenues expected to rise by 150% year-over-year to $12 million. The report emphasized Peraso's strategic position in the rapidly growing mmWave market, which could drive significant top-line and bottom-line growth.Peraso presented at the Summer 2024 Investor Summit on August 20 and the Emerging Growth Conference on August 21, [https://youtu.be/8T1wEWCrc-g], further positioning the company for increased investor interest.
Here are four standout companies under $5 demonstrating strong market trends, volume, and heightened awareness:
* Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE): Volume soars as the market responds positively to its new share structure.
* GD Culture Group Limited (NASDAQ: GDC): Stock surges 127% on August 21, 2024, as it announces plans to enter the livestream market through AI Catalysis-a stock to watch now.
* Intelligent Bio Solutions (NASDAQ: INBS): Surpasses 1,000 drug screening reader installations, reflecting 65% annual growth, and is up 24% on increased volume-another stock to watch closely.
* Kaival Brands (NASDAQ: KAVL), the U.S. distributor of BIDI Registered Stick and global distributor of VEEBA Registered through Philip Morris (NYSE: PM), raised $6 million on June 24, 2024, to boost operations and expansion.
Peraso Inc.'s recent achievements, coupled with the strong market potential of other emerging companies like FFIE, GDC, INBS and KAVL highlight a dynamic landscape of innovation and growth. As these companies continue to push the boundaries of their respective industries, they present compelling opportunities for investors looking to capitalize on technological advancements and market momentum. With Peraso leading the charge in mmWave technology and Ladenburg Thalmann's bullish outlook, the company is well-positioned for substantial future gains, making it a key player to watch in the evolving tech sector.
Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.
Media Contact
Company Name: The Street Reports
Contact Person: Editor
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=peraso-inc-nasdaq-prso-rockets-forward-ladenburg-thalmann-issues-report-amid-explosive-q2-growth-mmwave-surge-ffie-gdc-inbs-kavl]
Country: United States
Website: http://www.thestreetreports.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Peraso Inc. (NASDAQ: PRSO) Rockets Forward: Ladenburg Thalmann Issues Report Amid Explosive Q2 Growth, mmWave Surge FFIE, GDC, INBS, KAVL here
News-ID: 3632011 • Views: …
More Releases from ABNewswire
![The Philippines Data Center Colocation Market to Hit Investment of $420 Million by 2029 - Arizton](https://cdn.open-pr.com/X/8/X831614795_g.jpg)
The Philippines Data Center Colocation Market to Hit Investment of $420 Million …
Arizton publishes latest research report on the Philippines data center colocation market [https://www.arizton.com/market-reports/philippines-data-center-colocation-market].
The report provides a comprehensive analysis of the current state and dynamics of the Philippines data center colocation market for 2024-2029. It offers an in-depth overview of key factors driving market growth, potential constraints, and emerging trends. Additionally, the study examines both demand and supply aspects of the data center colocation industry in the Philippines.
Curious to Know More…
![Building Integrated Photovoltaic Market worth $27.41 Billion by 2029](https://cdn.open-pr.com/X/8/X831238933_g.jpg)
Building Integrated Photovoltaic Market worth $27.41 Billion by 2029
The global building integrated photovoltaic market is expected to grow from an estimated USD 12.49 billion in 2024 to USD 27.41 billion by 2029, at a CAGR of 17.0% during the forecast period.
The global [https://www.marketsandmarkets.com/Market-Reports/bipv-market-509.html?utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=BIPV]in terms of revenue was estimated to be worth $12.49 billion in 2024 and is poised to reach $27.41 billion by 2029, growing at a CAGR of 17.0% from 2024 to 2029 according to a new…
![Wet Pet Food Market Size, Share, Revenue Growth, Top Key Companies, Industry Analysis, Growth Drivers, Future Development, & Forecast - 2028](https://cdn.open-pr.com/X/8/X831607710_g.jpg)
Wet Pet Food Market Size, Share, Revenue Growth, Top Key Companies, Industry Ana …
Wet Pet Food Market by Pet (Dogs and Cats), Source (Animal-Based, Plant Derivatives, and Synthetic), Distribution Channel (Pet Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, and Online), and Region-Global Forecast to 2028
The wet pet food market size [https://www.prnewswire.com/news-releases/wet-pet-food-market-worth-31-7-billion-by-2028--exclusive-report-by-marketsandmarkets-301917553.html] is estimated at USD 25.5 billion in 2023 and is projected to reach USD 31.7 billion by 2028, at a CAGR of 4.5% from 2023 to 2028. The market has experienced considerable growth as…
![Ensuring Trust and Confidence: BrainCert Achieves SOC 2 Type II Compliance Recertification](https://cdn.open-pr.com/X/8/X831540388_g.jpg)
Ensuring Trust and Confidence: BrainCert Achieves SOC 2 Type II Compliance Recer …
BrainCert, a leading Learning Management System, successfully achieves SOC 2 Type II recertification from Johanson Group LLP, reaffirming its commitment to high standards in information security, availability, processing integrity, confidentiality, and privacy.
BrainCert, the leading provider of Learning Management System [https://www.braincert.com/], is pleased to announce the successful completion of its SOC 2 Type II audit, achieving compliance with the highest industry standards for customer data security. This accomplishment highlights BrainCert's ongoing…
More Releases for Peraso
WiGig Market 2021 Global Insights and Business Scenario – Panasonic Corporatio …
The Global WiGig Market Report 2021-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend WiGig data that enhances the understanding, scope, and application of this report. The study…
Wireless Gigabit (WiGig) Market Outlook to 2027 - Advanced Micro Devices, Blu Wi …
Industry Report “Wireless Gigabit Market” provides a clear picture of the Current Market Scenario which includes past and estimated future size with respect to Value and Volume, Technological Advancement, Macro Economical and Governing Factors in the Wireless Gigabit market.
The data transfer speeds in the wireless gigabit systems exceed one gigabit per second. Wireless gigabit or WiGig is a wireless technology which also ensures accuracy in data transfer along with high-level…
Wireless Gigabit Market to 2027 - Intel, Lattice Semiconductor, NetGear, Panason …
The data transfer speeds in the wireless gigabit systems exceed one gigabit per second. Wireless gigabit or WiGig is a wireless technology which also ensures accuracy in data transfer along with high-level security. The market is in a growing stage at present and is expected to transform the communications industry sooner. The emerging trend of bring your own device (BYOD) and internet of things (IoT) further strengthens the market landscape…
Wireless Gigabit Market is Booming Worldwide| Peraso Technologies, Wilocity, Bro …
HTF MI recently introduced Global Wireless Gigabit Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Peraso Technologies, Wilocity, Azurewave Technologies, Broadcom, Cisco Systems, Agilent technologies, Panasonic,…
Global Tri-Band Wi-Fi Chipset Market Size and Forecast 2025: MediaTek Inc. (Taiw …
Qyresearchreports include new market research report Global Tri-Band Wi-Fi Chipset Market Insights, Forecast to 2025 to its huge collection of research reports.
This tri-band wireless setup adds 60GHz WiGig to the usual 2.4 and 5GHz dual-band 802.11n formula for "multi-gigabit in-room performance."
The Tri-Band Wi-Fi Chipset market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during…
Wi-Fi Chipset Market 2018 Leading Key Players: Atmel, Broadcom, MediaTek, Intel, …
Market Research Future published a research report on “Wi-Fi Chipset Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Market Scenario:
A wireless chipset is a piece of internal hardware, a system-on-chip (SoC) that allows a device to communicate with another wireless-enabled device. This Wi-Fi chipset is used in many applications as smart phones, personal computers, laptops and others.
In this rapidly progressing environment,…