Peraxilla tetrapetala, or red mistletoe, is a parasitic plant in the family Loranthaceae, endemic to New Zealand and found on both the North and South Islands.

The flowers are 4–5 mm long, bright red to orange in colour which split open to the base.

However, north of latitude 38°S this species utilises tawheowheo (Quintinia serrata), and in the far north has been found on pūhutukawa (Metrosideros excelsa), pūriri (Vitex lucens) and tōwai (Weinmannia sylvicola), and hence, is the most widely distributed beech mistletoe.

[3] P. tetrapetala is hermaphroditic, self-compatible, and is both bird-pollinated and bird-dispersed, yet has an explosive bud-opening mechanism.

[5] The caterpillar of the endemic moth Zelleria maculata feeds on the inside flower buds of P. tetrapetala and as a result can affect the production of seeds of this plant.