Perion Partners with Best Buy Canada for Strategic Collaboration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 16 2026
0mins
Perion (PERI) announced a strategic partnership with Best Buy Canada (BBY). The retailer has selected Perion as its end-to-end technology partner to power the monetization of its programmatic in-store digital signage network. Key Strategic Partnership Highlights - Market Expansion: This partnership expands Perion's footprint in the growing Retail Media ecosystem by transitioning Best Buy Canada's in-store media to a programmatic-first retail media model. Full-Stack Adoption: Best Buy Canada is deploying Perion's suite - including Ad Server, SSP, and Header Bidding technologies. Yield Optimization: Moving from traditional "loop-based" signage to Perion's dynamic, impression-level decisioning engine allows Best Buy to drive higher yield and improved monetization efficiency
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Analyst Views on PERI
Wall Street analysts forecast PERI stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 9.230
Low
14.50
Averages
14.75
High
15.00
Current: 9.230
Low
14.50
Averages
14.75
High
15.00
About PERI
Perion Network Ltd is an Israel-based technology company that provides digital advertising solutions. The Company offers an infrastructure powered by artificial intelligence (AI) for planning, buying, and optimizing advertising campaigns across multiple channels, including connected television (CTV), digital out‑of‑home, retail and commerce media, social media, and other digital environments. The Company's offerings are supported by its platform known as Outmax, which uses artificial intelligence to enable real‑time media execution and performance optimization. The Company serves brands, advertising agencies, and retailers, with a focus on improving media efficiency and measurable advertising outcomes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Perion Partners with Acrossmedia241 to Expand into CEE Market
- Market Expansion Partnership: Perion has partnered with Greece's Acrossmedia241 to introduce its AI agent Outmax into Greece and the Central and Eastern European market, leveraging Acrossmedia241's established relationships with national tourism boards and global buying desks to broaden market reach and enhance advertising optimization capabilities.
- Ad Performance Optimization: Outmax integrates across major digital channels like YouTube, Meta, and TikTok, enabling advertisers to achieve customized business objectives, addressing the demand for multi-channel effectiveness while lowering customer acquisition costs and driving revenue growth.
- Strategic Growth Plan: This partnership aligns with Perion's existing models in China with GIMC and in Africa with McSorely Media/Mediamark, aiming to expand market presence at low incremental costs, reinforcing the pathway to achieving its 2028 growth targets.
- Enhanced Industry Influence: Acrossmedia241's strong market relationships in Greece and CEE provide Outmax with a credible entry point, meeting advertisers' demands for accountability and effectiveness, further solidifying Perion's leadership position in the digital advertising sector.
See More
Perion Network Reports Q1 Revenue and EPS Analysis
- Revenue Growth Analysis: Perion Network reported $90.37 million in revenue for Q1 2026, reflecting a 1.2% year-over-year increase, although it fell short of the Zacks consensus estimate of $94.43 million, indicating increasing market competition pressures.
- Earnings Per Share Performance: The company posted an EPS of $0.11, consistent with last year, but exceeded analyst expectations of $0.06, suggesting effective cost management that may bolster investor confidence.
- Market Expectations vs. Actuals: Despite the revenue miss, Perion's EPS beat by 83.33% could alleviate some investor concerns regarding sluggish revenue growth, potentially influencing stock price movements positively.
- Future Outlook: With the rapid advancement of quantum computing technology, Perion Network may need to increase investments in emerging tech sectors to maintain competitiveness and seize future market opportunities.
See More
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- Platform Adoption Growth: Perion Network Ltd (NASDAQ:PERI) reported a 6% year-over-year increase in PerionOne spend, indicating strong platform adoption, which suggests a steady enhancement of the company's market position in the digital advertising sector.
- Outmax Technology Surge: The Outmax AI agent technology experienced a 300% year-over-year increase in spend, reflecting its unique capabilities across CTV, web, and social platforms, thereby enhancing the product's appeal in a competitive market.
- Expansion into Africa: The company entered into an exclusive partnership with McSurly Media and MediaMark to expand its footprint in Africa, unlocking a programmatic market projected to reach $6.5 billion by 2029, showcasing Perion's strategic positioning and growth potential in emerging markets.
- Strong Liquidity Position: Perion maintains a robust liquidity position with $293 million in cash equivalents, providing financial flexibility for future investments and shareholder returns, despite facing macroeconomic challenges.
See More
Perion Network Q1 Earnings Analysis and Future Outlook
- Financial Performance Overview: Perion reported Q1 revenues of $90.4 million, falling short of analysts' expectations of $91.74 million, although adjusted earnings of $0.11 per share exceeded the anticipated loss of $0.24, indicating some profitability.
- Annual Target Adjustment: The company targets an adjusted EBITDA of $50 million to $54 million for the full year, with Q1 adjusted EBITDA at $0.5 million; excluding a $1.4 million foreign exchange headwind, adjusted EBITDA would have been $1.9 million, highlighting challenges in cost management.
- Strategic Agreement Outlook: CFO Elad Tzubery noted that a few strategic agreements are expected to onboard in Q2, and despite ongoing macroeconomic challenges, the company is seeing strong growth potential in customer adoption of its Outmax solution.
- Market Sentiment Shift: According to Stocktwits, retail sentiment for PERI has improved from 'bullish' to 'extremely bullish', with message volumes rising from 'normal' to 'high', reflecting optimism about the company's future growth prospects.
See More
Perion Network Shares Plunge 15.6% After Q1 Earnings Miss Estimates
- Earnings Miss: Perion Network reported a 1% year-over-year revenue increase to $90.4 million in Q1, falling short of the $91.7 million consensus, indicating ongoing challenges that may dampen investor confidence.
- Stable Profitability: Adjusted earnings per share remained flat at $0.11, exceeding the $0.06 consensus, yet the overall performance could not offset the negative impact of insufficient revenue.
- Strong Growth Engines: Despite a 4% decline in traditional ad revenue to $66.7 million, the company saw significant increases in spending on AI agents (316%), Connected TV (68%), and digital out-of-home advertising (29%), highlighting future potential.
- Cautious Outlook: Perion reiterated its full-year guidance, projecting contribution revenue excluding traffic acquisition costs between $215 million and $235 million, and adjusted EBITDA of $50 million to $54 million, suggesting challenges ahead after losing Microsoft as a search client.
See More
Perion (PERI) Q1 2026 Earnings Transcript
See More
Perion Partners with Acrossmedia241 to Expand into CEE Market
- Market Expansion Partnership: Perion has partnered with Greece's Acrossmedia241 to introduce its AI agent Outmax into Greece and the Central and Eastern European market, leveraging Acrossmedia241's established relationships with national tourism boards and global buying desks to broaden market reach and enhance advertising optimization capabilities.
- Ad Performance Optimization: Outmax integrates across major digital channels like YouTube, Meta, and TikTok, enabling advertisers to achieve customized business objectives, addressing the demand for multi-channel effectiveness while lowering customer acquisition costs and driving revenue growth.
- Strategic Growth Plan: This partnership aligns with Perion's existing models in China with GIMC and in Africa with McSorely Media/Mediamark, aiming to expand market presence at low incremental costs, reinforcing the pathway to achieving its 2028 growth targets.
- Enhanced Industry Influence: Acrossmedia241's strong market relationships in Greece and CEE provide Outmax with a credible entry point, meeting advertisers' demands for accountability and effectiveness, further solidifying Perion's leadership position in the digital advertising sector.
See More
Perion Network Reports Q1 Revenue and EPS Analysis
- Revenue Growth Analysis: Perion Network reported $90.37 million in revenue for Q1 2026, reflecting a 1.2% year-over-year increase, although it fell short of the Zacks consensus estimate of $94.43 million, indicating increasing market competition pressures.
- Earnings Per Share Performance: The company posted an EPS of $0.11, consistent with last year, but exceeded analyst expectations of $0.06, suggesting effective cost management that may bolster investor confidence.
- Market Expectations vs. Actuals: Despite the revenue miss, Perion's EPS beat by 83.33% could alleviate some investor concerns regarding sluggish revenue growth, potentially influencing stock price movements positively.
- Future Outlook: With the rapid advancement of quantum computing technology, Perion Network may need to increase investments in emerging tech sectors to maintain competitiveness and seize future market opportunities.
See More
Perion Network Reports Strong Growth in Key Metrics Amid Challenges
- Platform Adoption Growth: Perion Network Ltd (NASDAQ:PERI) reported a 6% year-over-year increase in PerionOne spend, indicating strong platform adoption, which suggests a steady enhancement of the company's market position in the digital advertising sector.
- Outmax Technology Surge: The Outmax AI agent technology experienced a 300% year-over-year increase in spend, reflecting its unique capabilities across CTV, web, and social platforms, thereby enhancing the product's appeal in a competitive market.
- Expansion into Africa: The company entered into an exclusive partnership with McSurly Media and MediaMark to expand its footprint in Africa, unlocking a programmatic market projected to reach $6.5 billion by 2029, showcasing Perion's strategic positioning and growth potential in emerging markets.
- Strong Liquidity Position: Perion maintains a robust liquidity position with $293 million in cash equivalents, providing financial flexibility for future investments and shareholder returns, despite facing macroeconomic challenges.
See More
Perion Network Q1 Earnings Analysis and Future Outlook
- Financial Performance Overview: Perion reported Q1 revenues of $90.4 million, falling short of analysts' expectations of $91.74 million, although adjusted earnings of $0.11 per share exceeded the anticipated loss of $0.24, indicating some profitability.
- Annual Target Adjustment: The company targets an adjusted EBITDA of $50 million to $54 million for the full year, with Q1 adjusted EBITDA at $0.5 million; excluding a $1.4 million foreign exchange headwind, adjusted EBITDA would have been $1.9 million, highlighting challenges in cost management.
- Strategic Agreement Outlook: CFO Elad Tzubery noted that a few strategic agreements are expected to onboard in Q2, and despite ongoing macroeconomic challenges, the company is seeing strong growth potential in customer adoption of its Outmax solution.
- Market Sentiment Shift: According to Stocktwits, retail sentiment for PERI has improved from 'bullish' to 'extremely bullish', with message volumes rising from 'normal' to 'high', reflecting optimism about the company's future growth prospects.
See More
Perion Network Shares Plunge 15.6% After Q1 Earnings Miss Estimates
- Earnings Miss: Perion Network reported a 1% year-over-year revenue increase to $90.4 million in Q1, falling short of the $91.7 million consensus, indicating ongoing challenges that may dampen investor confidence.
- Stable Profitability: Adjusted earnings per share remained flat at $0.11, exceeding the $0.06 consensus, yet the overall performance could not offset the negative impact of insufficient revenue.
- Strong Growth Engines: Despite a 4% decline in traditional ad revenue to $66.7 million, the company saw significant increases in spending on AI agents (316%), Connected TV (68%), and digital out-of-home advertising (29%), highlighting future potential.
- Cautious Outlook: Perion reiterated its full-year guidance, projecting contribution revenue excluding traffic acquisition costs between $215 million and $235 million, and adjusted EBITDA of $50 million to $54 million, suggesting challenges ahead after losing Microsoft as a search client.
See More
Perion (PERI) Q1 2026 Earnings Transcript
See More
