Press release
Technical Explosions: DUO, KTTA, TBIO, GOTU - Watch Peraso Inc. (NASDAQ: PRSO) Now Amid Breakout Momentum!
Peraso Inc. (NASDAQ: PRSO) has captured the market's attention with a significant surge in trading volume on Wednesday, September 25, 2024. The stock's volume spiked to 2.56x its average, signaling robust investor activity and growing confidence in PRSO. This breakout from its 50-day moving average has sparked excitement among technical analysts, signaling an improved intermediate-term outlook for the stock.In addition to surpassing this key technical threshold, PRSO has also formed a bullish hammer candlestick pattern-a promising indicator of an impending upside reversal. Growth-focused investors should take note: PRSO is well-positioned for a potential upward move. A confirmed breakout above the hammer's high could lead to substantial gains, making PRSO a compelling stock for those looking to capitalize on its current momentum.
In today's market, where technical setups play a crucial role in maximizing portfolio returns, PRSO stands out as an exceptional growth opportunity for those seeking to harness the power of evolving market trends.
Other Breakout Stocks to Watch: Alongside PRSO, here are four other stocks exhibiting bullish technical alerts and are worth adding to your watchlist:
* Fangdd Network Group Ltd. (NASDAQ: DUO): Breaking out of a consolidation phase with strong upward momentum.
* Pasithea Therapeutics Corp. (NASDAQ: KTTA): Demonstrating key bullish technical patterns and continued positive momentum.
* Telesis Bio Inc. (NASDAQ: TBIO): Forming critical reversal patterns, suggesting further gains ahead.
* Gaotu Techedu Inc. (NASDAQ: GOTU): Trading with increased volume and breaking key resistance levels, signaling a potential upward surge.
Exciting Growth Catalysts Peraso Inc. (NASDAQ: PRSO): recently announced a significant expansion into Asian markets, coupled with securing a major U.S. military contract. These milestones underscore the company's growing market presence. Following these developments, Benchmark issued a "Buy" rating with a $4 price target, citing the validation of Peraso's mmWave technology in a highly demanding market. The firm anticipates broader adoption of Peraso's solutions across both military and commercial sectors, forecasting strong growth opportunities ahead.
The $4 price target is based on FY25 revenue estimates of $16.2 million, with 2.4 million shares outstanding. Benchmark also highlighted the potential of mmWave technology in the Fixed Wireless Access (FWA) sector, predicting this area will drive substantial long-term revenue growth for Peraso. Read entire report. [https://thestreetreports.com/wp-content/uploads/2024/09/CR_PRSO_09172024.pdf]
Investors should strongly consider adding these breakout stocks to their watchlists now. PRSO's technical indicators are showing bullish signals, suggesting further upside potential, making future growth highly likely.
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=technical-explosions-duo-ktta-tbio-gotu-watch-peraso-inc-nasdaq-prso-now-amid-breakout-momentum]
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 Technical Explosions: DUO, KTTA, TBIO, GOTU - Watch Peraso Inc. (NASDAQ: PRSO) Now Amid Breakout Momentum! here
News-ID: 3669783 • Views: …
More Releases from ABNewswire

Freelance Platforms Market Forecast to Reach USD 16.54 Billion by 2030, Driven b …
Mordor Intelligence has published a new report on the Freelance Platforms Market, offering a comprehensive analysis of trends, growth drivers, and future projections.
Freelance Platforms Market Outlook
The freelance platforms market size [https://www.mordorintelligence.com/industry-reports/freelance-platforms-market?utm_source=abnewswire] stands at USD 7.65 billion in 2025 and is forecast to reach USD 16.54 billion by 2030, advancing at a 16.66% CAGR. The Freelance Platforms Market share is currently dominated by platform models, while services are gaining momentum with…

Surprising Comparison: Disney vs. Taylor Swift Concert Costs
Disney World Ticket Prices Nearly Double Over Past Decade: PixieVacations Reveals Comprehensive Analysis and Money-Saving Strategies for 2025 Travelers
Walt Disney World ticket prices reach historic highs in 2025, with peak one-day Magic Kingdom tickets now exceeding $200 for the first time ever, PixieVacations.com has released a comprehensive analysis of Disney World ticket prices over the past decade. The leading Disney vacation planning service aims to help families navigate these rising…

Medicus Pharma (Nasdaq: MDCX) Nears Surgery-Free Breakthrough in Oncology
Skin cancer is rarely viewed as life-changing, but for millions of patients each year, basal cell carcinoma brings a cycle of surgeries, scars, and slow recovery that feels endless. Hospitals are overloaded, dermatologists are booked months in advance, and treatments that remove tumors often leave lasting damage. The challenge is not identifying the cancer; it is finding a way to treat it without cutting the patient open. That is the…

Adapts.ai Redefines Software Maintenance and Modernization with GenAI-Powered Pl …
October 10, 2025 - In an era where digital transformation defines competitive advantage, Adapts.ai is emerging as a game-changer in enterprise application modernization and AI-driven digital transformation services. The platform leverages next-generation GenAI technology to simplify software maintenance, accelerate legacy code modernization, and empower engineering teams with intelligent automation.
Adapts addresses one of the most pressing challenges in modern software engineering - navigating outdated, poorly documented, and complex legacy codebases. Traditional…
More Releases for PRSO
Premarket Small-Caps Surge: PRSO, VEEE, HOUR, LOOP - More Stocks Inside
U.S. Markets: Today's premarket session has seen explosive moves across several small-cap names, driven by takeover bids, AI-powered product launches, e-commerce strength, and blockchain treasury initiatives.
Peraso Inc. (NASDAQ: PRSO) shares soared over 85% premarket to $1.50, leading all movers, after Mobix Labs (NASDAQ: MOBX) sweetened its unsolicited takeover bid. The semiconductor firm, which initially offered an all-stock deal valuing Peraso at $1.20 per share, has now added a cash component…
Peraso (NASDAQ: PRSO) Volume Surges on Takeover News - More Stocks Inside
Mobix Labs, Inc. (NASDAQ: MOBX) has launched an unsolicited, non-binding proposal to acquire Peraso Inc. (NASDAQ: PRSO) in a stock-for-stock deal offering Peraso shareholders a 20% premium over the company's 30-day average share price.
The proposed merger would create a stronger player in the high-growth mmWave, defense, and 5G semiconductor sectors-combining Mobix's $10.7M revenue base and ~450% YoY growth with Peraso's accelerating mmWave performance. The combined company is expected to generate…
Breakthroughs and Discoveries: TNON, PNPN.V, POAI, DYAI, PRSO, Drive Innovation …
- FDA Approvals, Deep Mineral Finds, AI-Powered Drug Leads, Global Health Vaccine and Wireless Signals, Solutions Capture Market Attention -
Tenon Medical (NASDAQ: TNON) earned FDA clearance for expanded use of its Catamaran Registered SI Joint Fusion System, now approved to support thoracolumbar spinal fusion-unlocking a larger surgical market opportunity.
Power Metallic Mines (TSXV: PNPN | OTCBB: PNPNF) announced its deepest assay yet from the Lion Zone and initial Ni/Cu results from…
Thanksgiving Week Oversold Stocks to Watch:CRDL, QBTS, PRSO, RGTI & More!
As Thanksgiving approaches, investors are turning their attention to oversold stocks across some of the most innovative sectors in the market. This week's focus spans industries like biotechnology, healthcare, wireless technology, quantum computing and artificial intelligence-each offering promising opportunities despite recent declines in stock prices. With advancements in these cutting-edge fields continuing to shape the future, these undervalued stocks could provide high-reward potential for those looking to capitalize on market…
"Emerging Innovators Transforming Global Markets: IPA, CRDL, KXIN, GNS, PRSO in …
The latest breakthroughs from leading innovators across healthcare, technology, and energy sectors spotlight with each of the companies below pushing boundaries in their fields. From pioneering antibody therapies for cancer and expanding biotech treatment options to advancing electric vehicle production, adopting blockchain-focused strategies, and driving demand in mmWave wireless technology, these companies are reshaping the landscape of their industries.
$20B Market Milestone: IPA Advances Antibody Development for Next-Gen Cancer Therapies
ImmunoPrecise Antibodies…
5 Must-Watch Stocks Under $5: NIXX, PRSO, VSME, BREA, STAF
As industries across the globe continue to evolve and innovate, these five companies are leading the charge with cutting-edge strategies, groundbreaking technologies, and strategic acquisitions, each poised to make a lasting impact in their respective fields.
Nixxy (NASDAQ: NIXX) has issued a strategic update on its acquisition plans, targeting traditional markets for transformation using cutting-edge technology and data analytics. With a focus on acquiring businesses generating revenues between $10 million and…