Positive News SentimentPositive News Presto Automation Stock Price, News & Analysis (NASDAQ:PRST) $0.62 -0.05 (-7.45%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$0.58▼$0.6850-Day Range$0.54▼$1.7952-Week Range$0.50▼$5.74Volume209,231 shsAverage Volume927,570 shsMarket Capitalization$41.76 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Presto Automation MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside704.8% Upside$5.00 Price TargetShort InterestHealthy1.57% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$3 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsBusiness Services Sector114th out of 247 stocksPrepackaged Software Industry60th out of 163 stocks 3.5 Analyst's Opinion Consensus RatingPresto Automation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Presto Automation has a forecasted upside of 704.8% from its current price of $0.62.Amount of Analyst CoveragePresto Automation has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.57% of the float of Presto Automation has been sold short.Short Interest Ratio / Days to CoverPresto Automation has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Presto Automation has recently increased by 194.29%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPresto Automation does not currently pay a dividend.Dividend GrowthPresto Automation does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRST. Previous Next 2.6 News and Social Media Coverage News SentimentPresto Automation has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Presto Automation this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PRST on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Presto Automation insiders have bought 8,890.11% more of their company's stock than they have sold. Specifically, they have bought $3,000,000.00 in company stock and sold $33,370.00 in company stock.Percentage Held by Insiders38.70% of the stock of Presto Automation is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.18% of the stock of Presto Automation is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Presto Automation is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Presto Automation is -0.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Presto Automation Stock (NASDAQ:PRST)Presto Automation Inc. engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff intervention; and Presto Touch, a pay-at-table tablet solution to casual dining chains that enables self-serve ordering, payment processing, personalization, and gaming experiences for restaurant guests. Presto Automation, Inc. was founded in 2008 and is headquartered in San Carlos, California.Read More PRST Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRST Stock News HeadlinesDecember 5, 2023 | finance.yahoo.comPresto escalates activities to collect up to $11.1M of non-dilutive cash awarded to the company from XAC in Singaporean rulingDecember 1, 2023 | finance.yahoo.comPresto Names Kat Hoffman-Flynt Chief Operating OfficerDecember 9, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 29, 2023 | seekingalpha.comPresto Automation: My Top AI Pick For 2024November 24, 2023 | finance.yahoo.comPresto Automation, Inc. (NASDAQ:PRST) Q1 2024 Earnings Call TranscriptNovember 21, 2023 | finanznachrichten.dePresto Automation Inc.: Presto Automation Announces Fiscal First Quarter 2024 Financial ResultsNovember 21, 2023 | finance.yahoo.comPresto Welcomes Industry Luminary Stephen Herbert as a Strategic Advisor for Presto TouchNovember 21, 2023 | finance.yahoo.comQ1 2024 Presto Automation Inc Earnings CallDecember 9, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 20, 2023 | msn.comPresto Automation GAAP EPS of $0.08, revenue of $4.89M misses by $0.11MNovember 20, 2023 | finance.yahoo.comPresto Automation Announces Fiscal First Quarter 2024 Financial ResultsNovember 17, 2023 | marketwatch.comPresto Automation Shares Rise 6% After Capital Investment, Job CutsNovember 17, 2023 | finance.yahoo.comPresto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost ReductionsNovember 13, 2023 | finance.yahoo.comPresto to Report Fiscal First Quarter 2024 Financial ResultsNovember 8, 2023 | morningstar.comPresto Automation Inc PRSTOctober 23, 2023 | finance.yahoo.comPresto Signs Voice AI Pilot with Top 10 QSR Drive-Thru BrandOctober 20, 2023 | msn.comPresto Automation files for $75M mixed shelfOctober 20, 2023 | markets.businessinsider.comPresto Names Justin Foster Chief Revenue Officer; Departure of Dan Mosher, PresidentOctober 20, 2023 | finance.yahoo.comPresto Names Justin Foster Chief Revenue Officer; Departure of Dan Mosher, PresidentOctober 16, 2023 | finance.yahoo.comPresto to Participate at The ThinkEquity ConferenceOctober 16, 2023 | finance.yahoo.comPresto Automation, Inc. (NASDAQ:PRST) Q4 2023 Earnings Call TranscriptOctober 13, 2023 | finance.yahoo.comPresto Automation Inc (PRST) Announces FY2023 Financial ResultsOctober 10, 2023 | finance.yahoo.comPresto Announces FY2023 Financial Results, Increased Ownership Commitment from a Major Existing Shareholder, Extended Shareholder Lock-ups, and a new Interim CFOSeptember 27, 2023 | finance.yahoo.comPresto signs CKE Franchise StarCorp’s 58 Carl’s Jr. LocationsSeptember 25, 2023 | finance.yahoo.comPresto Automation Inc.'s (NASDAQ:PRST) top owners are private equity firms with 48% stake, while 33% is held by individual investorsAugust 17, 2023 | finance.yahoo.comPresto Announces Signed Agreements with 13 QSR Franchise Groups Representing More than 500 Locations CombinedAugust 2, 2023 | finanznachrichten.dePresto Automation Inc.: Presto Names Xavier Casanova as New CEOSee More Headlines Receive PRST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Presto Automation and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/20/2023Today12/08/2023Next Earnings (Estimated)2/13/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:PRST CUSIPN/A CIK1822145 Webpresto.com Phone650-817-9012FaxN/AEmployees137Year FoundedN/APrice Target and Rating Average Stock Price Target$5.00 High Stock Price Target$5.00 Low Stock Price Target$5.00 Potential Upside/Downside+704.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-34,480,000.00 Net Margins-270.03% Pretax Margin-270.01% Return on EquityN/A Return on Assets-134.09% Debt Debt-to-Equity RatioN/A Current Ratio0.29 Quick Ratio0.28 Sales & Book Value Annual Sales$23.24 million Price / Sales1.80 Cash FlowN/A Price / Cash FlowN/A Book Value($0.87) per share Price / Book-0.71Miscellaneous Outstanding Shares67,220,000Free Float41,206,000Market Cap$41.76 million OptionableNot Optionable Beta1.75 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Xavier Casanova (Age 47)Chief Executive Officer Comp: $390.75kMr. Nathan J. Cook CPAInterim Chief Financial OfficerMr. Stanley Mbugua (Age 52)Chief Accounting Officer Mr. William Healey (Age 39)Chief Technology Officer Adam RogersVice President of Investor RelationsMs. Susan ShinoffGeneral Counsel & Corporate SecretaryMr. Justin Foster (Age 43)Chief Revenue Officer More ExecutivesKey CompetitorsZenviaNASDAQ:ZENVGorilla Technology GroupNASDAQ:GRRRiClick Interactive Asia GroupNASDAQ:ICLKAppTech PaymentsNASDAQ:APCXRed CatNASDAQ:RCATView All CompetitorsInsiders & InstitutionsDan MosherSold 23,334 sharesTotal: $13,300.38 ($0.57/share)Kepos Capital LPBought 470,768 shares on 11/15/2023Ownership: 0.792%Charles Schwab Investment Management Inc.Bought 60,127 shares on 11/8/2023Ownership: 0.231%Schechter Investment Advisors LLCBought 382,638 shares on 11/6/2023Ownership: 0.817%Avenue Food & Bevera ClevelandBought 1,500,000 shares on 10/16/2023Total: $3 M ($2.00/share)View All Insider TransactionsView All Institutional Transactions PRST Stock Analysis - Frequently Asked Questions Should I buy or sell Presto Automation stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Presto Automation in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRST shares. View PRST analyst ratings or view top-rated stocks. What is Presto Automation's stock price target for 2024? 1 analysts have issued twelve-month price targets for Presto Automation's stock. Their PRST share price targets range from $5.00 to $5.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 704.8% from the stock's current price. View analysts price targets for PRST or view top-rated stocks among Wall Street analysts. How have PRST shares performed in 2023? Presto Automation's stock was trading at $2.29 on January 1st, 2023. Since then, PRST shares have decreased by 72.9% and is now trading at $0.6213. View the best growth stocks for 2023 here. Are investors shorting Presto Automation? Presto Automation saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 360,500 shares, an increase of 194.3% from the October 31st total of 122,500 shares. Based on an average daily volume of 187,300 shares, the short-interest ratio is presently 1.9 days. Approximately 1.6% of the shares of the stock are short sold. View Presto Automation's Short Interest. When is Presto Automation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our PRST earnings forecast. How were Presto Automation's earnings last quarter? Presto Automation Inc. (NASDAQ:PRST) posted its quarterly earnings results on Monday, November, 20th. The leader in drive-thru voice AI reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.21) by $0.29. The leader in drive-thru voice AI earned $4.89 million during the quarter. What ETF holds Presto Automation's stock ? Invesco Dorsey Wright Technology Momentum ETF holds 1,236,994 shares of PRST stock, representing 1.58% of its portfolio. What guidance has Presto Automation issued on next quarter's earnings? Presto Automation issued an update on its second quarter 2024 earnings guidance on Monday, November, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.80 million-$5.00 million, compared to the consensus revenue estimate of $5.00 million. Who are Presto Automation's major shareholders? Presto Automation's stock is owned by many different retail and institutional investors. Top institutional investors include Schechter Investment Advisors LLC (0.82%), Kepos Capital LP (0.79%), Charles Schwab Investment Management Inc. (0.23%) and Harbour Capital Advisors LLC (0.12%). Insiders that own company stock include Avenue Food & Bevera Cleveland, Dan Mosher, Rajat Suri and Xavier Casanova. View institutional ownership trends. How do I buy shares of Presto Automation? Shares of PRST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:PRST) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Presto Automation Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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