S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
How does the Consumer Price Index affect the stock market?
3 reasons to buy AMD before 2024
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Generative AI boosts UiPath; analysts see triple-digit EPS growth
3 biotech powerhouses poised to thrive amid sector rebound
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
3 must-own China stocks for the Year of the Dragon
Broadcom falls into a buy-the-dip opportunity 

Presto Automation Stock Price, News & Analysis (NASDAQ:PRST)

$0.62
-0.05 (-7.45%)
(As of 12/8/2023 ET)
Compare
Today's Range
$0.58
$0.68
50-Day Range
$0.54
$1.79
52-Week Range
$0.50
$5.74
Volume
209,231 shs
Average Volume
927,570 shs
Market Capitalization
$41.76 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Presto Automation MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
704.8% Upside
$5.00 Price Target
Short Interest
Healthy
1.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$3 M Bought Last Quarter
Proj. Earnings Growth
N/A

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 stars

Business Services Sector

114th out of 247 stocks

Prepackaged Software Industry

60th out of 163 stocks


PRST stock logo

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.

PRST Stock Price History

PRST Stock News Headlines

Presto Names Kat Hoffman-Flynt Chief Operating Officer
All the trading advice you’ve ever received boils down to this
All 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.
Presto Automation: My Top AI Pick For 2024
Q1 2024 Presto Automation Inc Earnings Call
All the trading advice you’ve ever received boils down to this
All 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.
Presto Automation Inc PRST
Presto to Participate at The ThinkEquity Conference
See 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.

Company Calendar

Last Earnings
11/20/2023
Today
12/08/2023
Next Earnings (Estimated)
2/13/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:PRST
Fax
N/A
Employees
137
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-34,480,000.00
Net Margins
-270.03%
Pretax Margin
-270.01%

Debt

Sales & Book Value

Annual Sales
$23.24 million
Book Value
($0.87) per share

Miscellaneous

Free Float
41,206,000
Market Cap
$41.76 million
Optionable
Not Optionable
Beta
1.75
10 Best Cheap Stocks to Buy Now Cover

MarketBeat 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 Executives

  • Mr. Xavier Casanova (Age 47)
    Chief Executive Officer
    Comp: $390.75k
  • Mr. Nathan J. Cook CPA
    Interim Chief Financial Officer
  • Mr. Stanley Mbugua (Age 52)
    Chief Accounting Officer
  • Mr. William Healey (Age 39)
    Chief Technology Officer
  • Adam Rogers
    Vice President of Investor Relations
  • Ms. Susan Shinoff
    General Counsel & Corporate Secretary
  • Mr. Justin Foster (Age 43)
    Chief Revenue Officer














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

My Account -