
Perfect Corp (PERF) Stock Forecast & Price Target
Perfect Corp (PERF) Analyst Ratings
Bulls say
Perfect Corp demonstrates a positive outlook due to its continued strength in mobile app subscriptions and a notable recovery in enterprise SaaS solutions, highlighted by a 20% increase in the business pipeline. The company successfully expanded its client base, adding 26 brand clients in the last quarter and achieving a year-over-year growth of 30%, with SKU growth also reaching 31%. Additionally, the revenue for FY23 met guidance with a 13% year-over-year increase, reaching $14.5 million in Q3, supported by significant growth in AR/AI cloud solutions, which comprised 84% of the revenue mix.
Bears say
The financial analysis indicates a negative outlook for Perfect Corp, stemming from limited potential for multiple expansion amidst a challenging growth landscape. Despite a notable 25% year-over-year increase in AR/AI cloud solutions and subscription revenue, the significant 14% year-over-year decline in licensing revenue points to weakening demand for the company’s traditional services. Additionally, the anticipated revenue growth remains low-teens percentage, which raises concerns about the company's ability to sustain higher growth rates necessary for valuation improvements.
This aggregate rating is based on analysts' research of Perfect Corp and is not a guaranteed prediction by Public.com or investment advice.
Perfect Corp (PERF) Analyst Forecast & Price Prediction
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