NASDAQ:PRST

Presto Automation (PRST) Stock Price, News & Analysis

$0.17
-0.01 (-5.56%)
(As of 04/23/2024 ET)
Today's Range
$0.16
$0.18
50-Day Range
$0.17
$0.57
52-Week Range
$0.14
$5.74
Volume
346,224 shs
Average Volume
1.22 million shs
Market Capitalization
$16.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.54

Presto Automation MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1,394.1% Upside
$2.54 Price Target
Short Interest
Bearish
6.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.32) to ($0.33) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.86 out of 5 stars

Business Services Sector

271st out of 306 stocks

Prepackaged Software Industry

184th out of 197 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

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Why Is Presto Automation (PRST) Stock Up 77% Today?
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Stock Duo Is Having Compounding Success This Week
Presto Automation secures $6M financing
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/23/2024
Next Earnings (Estimated)
5/16/2024
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
$2.54
High Stock Price Target
$5.00
Low Stock Price Target
$0.62
Potential Upside/Downside
+1,394.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-34,480,000.00
Net Margins
-306.18%
Pretax Margin
-306.18%

Debt

Sales & Book Value

Annual Sales
$26.14 million
Book Value
($0.87) per share

Miscellaneous

Free Float
60,510,000
Market Cap
$16.17 million
Optionable
Not Optionable
Beta
1.69
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Key Executives

  • Mr. Guillaume Lefevre (Age 34)
    Interim Chief Executive Officer
  • Mr. Stanley Mbugua (Age 52)
    Interim Chief Financial Officer
  • Ms. Kat Hoffman-Flynt
    Chief Operating Officer
  • Mr. William Healey (Age 40)
    Chief Technology Officer
  • Adam Rogers
    Vice President of Investor Relations
  • Ms. Susan Shinoff
    General Counsel & Corporate Secretary
  • Mr. Debarag Banerjee
    Head of Voice Engineering
  • Mr. David Rudd-Jones
    Chief of Staff

PRST Stock Analysis - Frequently Asked Questions

Should I buy or sell Presto Automation stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Presto Automation in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PRST shares.
View PRST analyst ratings
or view top-rated stocks.

What is Presto Automation's stock price target for 2024?

3 equities research analysts have issued 12 month price objectives for Presto Automation's stock. Their PRST share price targets range from $0.62 to $5.00. On average, they anticipate the company's stock price to reach $2.54 in the next year. This suggests a possible upside of 1,394.1% 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 2024?

Presto Automation's stock was trading at $0.5315 at the beginning of 2024. Since then, PRST shares have decreased by 68.0% and is now trading at $0.17.
View the best growth stocks for 2024 here
.

Are investors shorting Presto Automation?

Presto Automation saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,040,000 shares, an increase of 84.2% from the March 15th total of 1,650,000 shares. Based on an average trading volume of 4,600,000 shares, the short-interest ratio is currently 0.7 days. Approximately 6.6% of the shares of the company 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 Thursday, May 16th 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 Wednesday, February, 21st. The leader in drive-thru voice AI reported ($0.31) earnings per share (EPS) for the quarter. The leader in drive-thru voice AI earned $4.89 million during the quarter, compared to analysts' expectations of $4.84 million.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRST) was last updated on 4/24/2024 by MarketBeat.com Staff

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