Peraso (NASDAQ:PRSO) and Mobix Labs (NASDAQ:MOBX) Critical Survey

Mobix Labs (NASDAQ:MOBX) and Peraso (NASDAQ:PRSO) are both small-cap technology companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, valuation, profitability, risk, dividends, earnings and institutional ownership.

Institutional and Insider Ownership

8.6% of Mobix Labs shares are held by institutional investors. Comparatively, 77.6% of Peraso shares are held by institutional investors. 9.7% of Mobix Labs shares are held by company insiders. Comparatively, 1.7% of Peraso shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Mobix Labs and Peraso”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Mobix Labs	$5.52 million	2.10	-$46.13 million	($6.42)	-0.11
Peraso	$8.37 million	0.72	-$4.75 million	($0.68)	-0.58

Peraso has higher revenue and earnings than Mobix Labs. Peraso is trading at a lower price-to-earnings ratio than Mobix Labs, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings and target prices for Mobix Labs and Peraso, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mobix Labs	1	0	0	0	1.00
Peraso	1	0	2	0	2.33

Peraso has a consensus target price of $3.08, suggesting a potential upside of 678.62%. Given Peraso’s stronger consensus rating and higher possible upside, analysts plainly believe Peraso is more favorable than Mobix Labs.

Profitability

This table compares Mobix Labs and Peraso’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mobix Labs	-511.08%	-998.81%	-138.95%
Peraso	-85.63%	-223.38%	-153.27%

Volatility & Risk

Mobix Labs has a beta of -0.7, indicating that its stock price is 170% less volatile than the S&P 500. Comparatively, Peraso has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500.

Summary

Peraso beats Mobix Labs on 10 of the 14 factors compared between the two stocks.

About Mobix Labs

Mobix Labs, Inc., a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products. The company was incorporated in 2020 and is based in Irvine, California. Mobix Labs, Inc. operates as a subsidiary of YDENS HOLDINGS, LLC.

About Peraso

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules. It also provides accelerator engine products, comprising bandwidth engine for high-performance applications where throughput is critical; and quad partition rate, which allows for parallel accesses to multiple partitions of the memory simultaneously. Its mmWave products are used for various applications, such as multi-gigabit point-to-point (PtMP) wireless links; and fixed wireless access in the 5G operating bands, as well as consumer applications, such as wireless video streaming, and untethered augmented reality and virtual reality. The company also licenses intellectual property, as well as offers non-recurring engineering services. It markets its products through direct sales personnel, as well as sells representatives and distributors. The company was formerly knowns as MoSys, Inc. and changed its name to Peraso Inc. in December 2021. Peraso Inc. was incorporated in 1991 and is based in San Jose, California.