Zacks upgrades Perion Network stock to Strong Buy

Published on 10/08/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 98.24 million versus USD 96.72 million expected. Perion Network stock costs EUR 7.74 on October 8, 2026 after EUR 7.73.

PERI, IL0010958192, Illustration mit AI erstellt.

Perion Network (ISIN IL0010958192) was trading at EUR 7.74 at Lang & Schwarz on October 8, 2026 at 11:39 a.m. CEST, plus 0.13 percent versus the prior close of EUR 7.73. MarketBeat reported on October 7, 2026 that Zacks Research upgraded Perion Network from Hold to Strong Buy.

Quarterly revenue beat expectations

MarketBeat said Perion reported revenue of USD 98.24 million for the latest reported quarter, versus a USD 96.72 million consensus estimate. The same report put adjusted earnings per share at USD 0.09, above the USD 0.08 consensus estimate.

The comparison matters because the company remains in a transition toward newer advertising channels. The revenue beat provides a measurable counterpoint to the stock's position below its USD 11.27 52-week high and above its USD 7.63 low, both dated October 7, 2026.

Perion One expands its reach

Zacks wrote on October 8, 2026 that Perion One spend increased 15.00 percent year over year to USD 156.70 million in the second quarter of 2026 and represented 80.00 percent of total spend. The article also reported 136.00 percent year-over-year pro-forma spend growth for Outmax, Perion's AI-powered optimization agent.

Zacks also said Perion expects recently signed strategic agreements to make a material contribution toward the end of the third quarter of 2026 and accelerate thereafter. Perion's investor page lists its acquisition of PRN, an in-store retail media company, for up to USD 12.00 million on August 27, 2026, adding retail media to its advertising technology portfolio.

Stock remains below its yearly high

Perion had a market capitalization of USD 358.5 million as of October 7, 2026, while the Nasdaq-listed stock's 52-week range was USD 7.63 to USD 11.27. The Lang & Schwarz euro quote therefore gives German investors a separate intraday reference from the primary-market figures in US dollars.

The stock was trading at EUR 7.74 at Lang & Schwarz on October 8, 2026 at 11:39 a.m. CEST, plus 0.13 percent versus the EUR 7.73 prior close at Lang & Schwarz on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Perion Network stock.