PERI Chart
About

Perion Network Ltd. provides digital advertising solutions to brands, agencies, and retailers in the United States and internationally. It offers a content monetization platform; search monetization solutions, including search mediation and app monetization; and a social platform that supports campaign management and media buying as a service platforms, as well as search advertising solutions. The company also provides a supply management platform; a demand management platform for campaign planning and design; an analytics platform, which provides information and performance metrics and insights; a creative optimization platform that offers ad building, tag creation, creative optimization, and post-campaign performance; and an AI platform that uses machine learning to bring intelligence to the various phases of campaigns. In addition, it offers an online video player and integrated ad server to upload, manage, and stream video content; an ad server; and a yield ad management platform. Further, the company provides a publisher management system that provides analytics and performance optimization tools, as well as reports; search-demand management systems; monetization products that integrate and onboard demand vendors; and AI systems. Additionally, it offers digital out of home (DOOH), connected tv (CTV), open web, and strategic optimization of relevant traits (SORT) solutions, as well as provides a provisional patent technology that eliminates the need for cookies. The company was formerly known as IncrediMail Ltd. and changed its name to Perion Network Ltd. in November 2011. Perion Network Ltd. was incorporated in 1999 and is headquartered in Tel Aviv, Israel.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Internet Content & Infor Market Cap 359.11M
Enterprise Value 56.89M Income -7.93M Sales 439.93M
Book/sh 16.87 Cash/sh 7.81 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E 6.01 PEG
P/S 0.82 P/B 0.51 P/C
EV/EBITDA 13.88 EV/Sales 0.13 Quick Ratio 2.65
Current Ratio 2.76 Debt/Eq 3.31 LT Debt/Eq
EPS (ttm) -0.19 EPS next Y 1.44 EPS Growth 78.90%
Revenue Growth 5.80% Earnings 2026-05-13 ROA -0.93%
ROE -1.13% ROIC Gross Margin 34.47%
Oper. Margin 7.60% Profit Margin -1.80% Shs Outstand 40.90M
Shs Float 39.45M Short Float 1.65% Short Ratio 1.92
Short Interest 52W High 11.79 52W Low 7.00
Beta 1.49 Avg Volume 338.70K Volume 489.24K
Target Price $14.17 Recom None Prev Close $8.70
Price $8.67 Change -0.34%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$14.17
Mean price target
2. Current target
$8.67
Latest analyst target
3. DCF / Fair value
$19.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.67
Low
$14.00
High
$14.50
Mean
$14.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-13 main Lake Street Buy → Buy $15
2025-11-13 reit Roth Capital Buy → Buy $15
2025-07-01 main Lake Street Buy → Buy $14
2025-05-14 up Roth MKM Neutral → Buy $14
2025-05-14 main Lake Street Buy → Buy $13
2025-05-14 reit Needham Hold → Hold
2025-04-17 reit Needham Hold → Hold
2025-02-20 main Lake Street Buy → Buy $11
2025-02-20 reit Needham Hold → Hold
2025-02-19 main Lake Street Buy → Buy $11
2025-01-21 reit Needham Hold → Hold
2024-11-07 reit Needham — → Hold
2024-10-14 main Stifel Hold → Hold $8
2024-08-01 reit Needham — → Hold
2024-06-11 main Lake Street Hold → Hold $10
2024-06-10 down Oppenheimer Outperform → Perform
2024-06-10 down Needham Buy → Hold
2024-05-09 reit Needham Buy → Buy $18
2024-04-09 down Roth MKM Buy → Neutral $13
2024-04-08 down Lake Street Buy → Hold $16
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-2.27M-2.89M458.26K250.56K
TaxRateForCalcs0.190.150.130.15
NormalizedEBITDA44.19M168.59M122.20M53.61M
TotalUnusualItems-12.27M-19.26M3.55M1.72M
TotalUnusualItemsExcludingGoodwill-12.27M-19.26M3.55M1.72M
NetIncomeFromContinuingOperationNetMinorityInterest12.61M114.96M97.48M38.71M
ReconciledDepreciation16.43M14.09M13.84M9.90M
ReconciledCostOfRevenue332.61M470.80M403.00M313.21M
EBITDA31.92M149.33M125.76M55.33M
EBIT15.48M135.24M111.92M45.43M
NetInterestIncome19.59M21.52M4.77M-53.00K
InterestExpense0.000.000.00119.00K
InterestIncome20.25M21.88M4.99M539.00K
NormalizedIncome22.61M131.34M94.39M37.24M
NetIncomeFromContinuingAndDiscontinuedOperation12.61M114.96M97.48M38.71M
TotalExpenses490.13M610.17M536.66M434.85M
TotalOperatingIncomeAsReported-3.04M114.29M107.42M45.90M
DilutedAverageShares49.56M50.07M48.07M37.83M
BasicAverageShares47.28M47.13M44.87M34.40M
DilutedEPS0.252.342.061.02
BasicEPS0.272.492.211.13
DilutedNIAvailtoComStockholders12.61M114.96M97.48M38.71M
NetIncomeCommonStockholders12.61M114.96M97.48M38.71M
NetIncome12.61M114.96M97.48M38.71M
NetIncomeIncludingNoncontrollingInterests12.61M114.96M97.48M38.71M
NetIncomeContinuousOperations12.61M114.96M97.48M38.71M
TaxProvision2.87M20.28M14.44M6.61M
PretaxIncome15.48M135.24M111.92M45.31M
OtherIncomeExpense-12.27M-19.26M3.55M1.72M
SpecialIncomeCharges-11.20M-18.69M3.82M2.25M
ImpairmentOfCapitalAssets1.98M
RestructuringAndMergernAcquisition9.21M18.69M-3.82M-2.25M
GainOnSaleOfSecurity-1.07M-567.00K-264.00K-528.00K
NetNonOperatingInterestIncomeExpense19.59M21.52M4.77M-53.00K
TotalOtherFinanceCost650.00K357.00K227.00K473.00K
InterestExpenseNonOperating0.000.000.00119.00K
InterestIncomeNonOperating20.25M21.88M4.99M539.00K
OperatingIncome8.16M132.98M103.60M43.65M
OperatingExpense157.52M139.38M133.65M121.63M
DepreciationAmortizationDepletionIncomeStatement16.43M14.09M13.84M9.90M
DepreciationAndAmortizationInIncomeStatement16.43M14.09M13.84M9.90M
ResearchAndDevelopment36.66M33.88M34.62M35.35M
SellingGeneralAndAdministration104.43M91.40M85.19M76.39M
SellingAndMarketingExpense56.39M59.34M57.45M53.21M
GeneralAndAdministrativeExpense48.04M32.06M27.75M23.18M
OtherGandA29.05M32.06M27.75M23.18M
SalariesAndWages18.99M
GrossProfit165.68M272.36M237.25M165.28M
CostOfRevenue332.61M470.80M403.00M313.21M
TotalRevenue498.29M743.15M640.26M478.50M
OperatingRevenue498.29M743.15M640.26M478.50M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber115.34K115.34K115.34K115.34K
OrdinarySharesNumber44.83M47.99M46.17M43.70M
ShareIssued44.94M48.11M46.29M43.81M
TotalDebt22.30M7.65M11.48M13.39M
TangibleBookValue406.94M381.52M335.94M221.00M
InvestedCapital722.94M718.15M583.13M466.96M
WorkingCapital399.62M386.56M368.85M252.46M
NetTangibleAssets406.94M381.52M335.94M221.00M
CapitalLeaseObligations22.30M7.65M11.48M13.39M
CommonStockEquity722.94M718.15M583.13M466.96M
TotalCapitalization722.94M718.15M583.13M466.96M
TotalEquityGrossMinorityInterest722.94M718.15M583.13M466.96M
StockholdersEquity722.94M718.15M583.13M466.96M
GainsLossesNotAffectingRetainedEarnings-215.00K-83.00K-582.00K-128.00K
OtherEquityAdjustments-215.00K-83.00K-582.00K-128.00K
TreasuryStock1.00M1.00M1.00M1.00M
RetainedEarnings196.62M184.00M70.79M-28.44M
AdditionalPaidInCapital527.15M534.82M513.53M496.15M
CapitalStock391.00K413.00K398.00K375.00K
CommonStock391.00K413.00K398.00K375.00K
TotalLiabilitiesNetMinorityInterest192.59M359.12M287.08M246.27M
TotalNonCurrentLiabilitiesNetMinorityInterest30.74M19.09M52.48M52.56M
OtherNonCurrentLiabilities12.08M15.64M44.90M42.79M
LongTermDebtAndCapitalLeaseObligation18.65M3.45M7.58M9.77M
LongTermCapitalLeaseObligation18.65M3.45M7.58M9.77M
CurrentLiabilities161.85M340.03M234.61M193.71M
OtherCurrentLiabilities2.46M74.55M35.75M38.92M
CurrentDeferredLiabilities2.05M2.30M2.38M3.85M
CurrentDeferredRevenue2.05M2.30M2.38M3.85M
CurrentDebtAndCapitalLeaseObligation3.65M4.20M3.90M3.62M
CurrentCapitalLeaseObligation3.65M4.20M3.90M3.62M
PensionandOtherPostRetirementBenefitPlansCurrent20.79M19.60M
PayablesAndAccruedExpenses153.69M258.98M192.59M147.32M
CurrentAccruedExpenses31.69M41.80M36.73M39.59M
Payables122.00M217.18M155.85M107.73M
AccountsPayable122.00M217.18M155.85M107.73M
TotalAssets915.53M1.08B870.22M713.23M
TotalNonCurrentAssets354.06M350.68M266.76M267.06M
OtherNonCurrentAssets416.00K85.00K49.00K79.00K
NonCurrentDeferredAssets8.52M4.18M5.78M5.23M
NonCurrentDeferredTaxesAssets8.52M4.18M5.78M5.23M
GoodwillAndOtherIntangibleAssets316.00M336.63M247.19M245.97M
OtherIntangibleAssets68.92M88.65M51.66M56.70M
Goodwill247.09M247.97M195.53M189.26M
NetPPE29.12M9.79M13.74M15.79M
AccumulatedDepreciation-25.67M-25.23M-25.98M-26.56M
GrossPPE54.80M35.02M39.72M42.35M
Leases12.59M7.08M8.40M8.39M
OtherProperties20.21M6.61M10.13M11.58M
MachineryFurnitureEquipment22.00M21.33M21.19M22.38M
Properties0.000.000.000.00
CurrentAssets561.47M726.59M603.46M446.17M
OtherCurrentAssets22.64M21.03M12.05M8.07M
RestrictedCash1.13M1.34M1.29M1.09M
PrepaidAssets8.07M
Receivables164.36M231.54M160.49M115.36M
AccountsReceivable164.36M231.54M160.49M115.36M
AllowanceForDoubtfulAccountsReceivable-2.54M-2.09M-2.13M-891.00K
GrossAccountsReceivable166.90M233.63M162.62M116.25M
CashCashEquivalentsAndShortTermInvestments373.33M472.68M429.63M321.65M
OtherShortTermInvestments217.11M285.07M253.40M217.20M
CashAndCashEquivalents156.23M187.61M176.23M104.45M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow67.00K154.65M121.06M70.48M
RepurchaseOfCapitalStock-46.92M0.000.00
RepaymentOfDebt0.000.00-8.33M
CapitalExpenditure-6.87M-811.00K-1.06M-627.00K
InterestPaidSupplementalData13.00K6.00K5.00K203.00K
IncomeTaxPaidSupplementalData13.10M18.03M7.69M4.37M
EndCashPosition157.36M188.95M177.52M105.53M
BeginningCashPosition188.95M177.52M105.53M48.88M
EffectOfExchangeRateChanges-214.00K141.00K-59.00K-33.00K
ChangesInCash-31.37M11.29M72.05M56.69M
FinancingCashFlow-100.91M-10.82M-3.26M229.05M
CashFlowFromContinuingFinancingActivities-100.91M-10.82M-3.26M229.05M
NetOtherFinancingCharges-54.54M-13.26M-9.09M
ProceedsFromStockOptionExercised547.00K2.43M5.83M6.90M
NetCommonStockIssuance-46.92M0.000.00230.49M
CommonStockPayments-46.92M0.000.00
NetIssuancePaymentsOfDebt0.000.00-8.33M
NetLongTermDebtIssuance0.000.00-8.33M
LongTermDebtPayments0.000.00-8.33M
InvestingCashFlow62.60M-133.35M-46.82M-243.47M
CashFlowFromContinuingInvestingActivities62.60M-133.35M-46.82M-243.47M
NetInvestmentPurchaseAndSale69.43M-30.65M-36.20M-204.50M
SaleOfInvestment248.26M287.83M217.20M12.70M
PurchaseOfInvestment-178.84M-318.48M-253.40M-217.20M
NetBusinessPurchaseAndSale0.00-101.92M-9.57M-38.44M
PurchaseOfBusiness0.00-101.92M-9.57M-38.44M
NetPPEPurchaseAndSale-6.83M-784.00K-1.05M-532.00K
SaleOfPPE46.00K27.00K12.00K95.00K
PurchaseOfPPE-6.87M-811.00K-1.06M-627.00K
OperatingCashFlow6.94M155.46M122.12M71.11M
CashFlowFromContinuingOperatingActivities6.94M155.46M122.12M71.11M
ChangeInWorkingCapital-49.18M-3.21M9.56M17.66M
ChangeInOtherWorkingCapital-248.00K-1.09M-1.47M-1.85M
ChangeInOtherCurrentLiabilities-3.82M-3.97M-1.91M-8.64M
ChangeInOtherCurrentAssets4.88M3.65M1.10M8.51M
ChangeInPayablesAndAccruedExpense-110.59M3.96M57.51M56.67M
ChangeInAccruedExpense-14.23M-2.92M9.32M21.45M
ChangeInPayable-96.36M6.88M48.19M35.22M
ChangeInAccountPayable-96.36M6.88M48.19M35.22M
ChangeInPrepaidAssets-5.46M-433.00K-434.00K-2.78M
ChangeInReceivables66.06M-5.33M-45.24M-34.24M
ChangesInAccountReceivables66.06M-5.33M-45.24M-34.24M
OtherNonCashItems2.92M13.70M-10.55M50.00K
StockBasedCompensation27.21M18.04M13.32M6.99M
UnrealizedGainLossOnInvestmentSecurities0.00
AmortizationOfSecurities-1.26M-1.15M0.000.00
DeferredTax-2.11M-654.00K-1.43M-2.75M
DeferredIncomeTax-2.11M-654.00K-1.43M-2.75M
DepreciationAmortizationDepletion16.43M14.09M13.84M9.90M
DepreciationAndAmortization16.43M14.09M13.84M9.90M
OperatingGainsLosses302.00K-328.00K-98.00K561.00K
PensionAndEmployeeBenefitExpense295.00K-274.00K-106.00K663.00K
NetForeignCurrencyExchangeGainLoss53.00K-27.00K20.00K-223.00K
GainLossOnSaleOfPPE-46.00K-27.00K-12.00K121.00K
NetIncomeFromContinuingOperations12.61M114.96M97.48M38.71M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PERI
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status