Zacks upgrades Perion Network stock to Strong Buy at USD 13.88 target

Published on 10/20/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The rating for Perion rose to Strong Buy on October 7, 2026. Perion Network stock costs EUR 7.83 on October 20, 2026, inside its EUR 6.59 to EUR 9.50 range.

Rating, revenue and trading range

Perion received a Strong Buy upgrade on October 7, 2026.
Second-quarter 2026 revenue was USD 98.24 million versus USD 101.87 million expected.
Perion Network stock traded at EUR 7.83 at 1:17 p.m. CEST at Lang & Schwarz on October 20, 2026.
The EUR 6.59 to EUR 9.50 52-week range was reported on October 19, 2026.

PERI, IL0010958192, Illustration mit AI erstellt.

Perion Network (ISIN IL0010958192) was trading at EUR 7.83 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST. MarketBeat reported on October 7, 2026 that Zacks Research upgraded Perion from Hold to Strong Buy and cited a USD 13.88 average target.

What changed in the rating

The upgrade gives the recent Perion story a more constructive analyst signal, but the target remains a dollar benchmark while the German quote is expressed in euros. MarketBeat said four analysts rated the stock Buy, one rated it Hold and one rated it Sell, with a Moderate Buy consensus and an average target of USD 13.88.

Three dates show the transition

On August 10, 2026, Perion reported second-quarter results; on August 26, 2026, it announced the acquisition of PRN for up to USD 12 million; on October 7, 2026, Zacks Research upgraded the rating to Strong Buy. These events connect operating performance, in-store retail media and the latest analyst view, according to Perion and MarketBeat.

What does the quarter mean for revenue

Perion generated USD 98.24 million of revenue in the second quarter of 2026, while the consensus estimate was USD 101.87 million, a shortfall of USD 3.63 million. BusinessQuant also listed a consensus estimate of USD 113.47 million for the third quarter of 2026. The quarter ended with a net loss attributable to common shareholders of USD 6.76 million and diluted earnings per share of minus USD 0.18.

Stock stays inside its range

Perion's Frankfurt quote had a 52-week range of EUR 6.59 to EUR 9.50 as of October 19, 2026. Its Nasdaq listing uses the ticker PERI, and the company operates in advertising technology for brands, agencies, publishers and retailers.

Perion Network stock was trading at EUR 7.83 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Perion Network stock.