Presto Automation, Inc. (PRST)
Market Cap | 176.16M |
Revenue (ttm) | 29.63M |
Net Income (ttm) | -20.17M |
Shares Out | 57.57M |
EPS (ttm) | 4.64 |
PE Ratio | 0.66 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 32,091 |
Open | 3.02 |
Previous Close | 3.04 |
Day's Range | 2.96 - 3.15 |
52-Week Range | 1.23 - 5.74 |
Beta | 2.07 |
Analysts | Strong Buy |
Price Target | 5.00 (+63.4%) |
Earnings Date | Nov 14, 2023 |
About PRST
Presto Automation Inc. operates as a labor automation technology provider in the hospitality industry. The company develops the Presto Smart Dining system (Presto Touch) that offers operations efficiency, guest self-service, and marketing benefits for casual dining operators. Its solution includes a portfolio of tabletop, handheld, and wearable devices supported by a suite of cloud-based services to enable guest ordering, payment, and surveys, as well as cloud-based operations metrics, security, and support monitoring in real time. Its voice pr... [Read more]
Financial Performance
In 2022, PRST's revenue was $30.35 million, an increase of 1.47% compared to the previous year's $29.91 million. Losses were -$56.31 million, 13.1% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PRST stock is "Strong Buy" and the 12-month stock price forecast is $5.0.
News

Presto Announces Signed Agreements with 13 QSR Franchise Groups Representing More than 500 Locations Combined
SAN CARLOS, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today shared tha...

Presto Names Xavier Casanova as New CEO
SAN CARLOS, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), the largest drive-thru automation technology provider in the hospitality industry, announced today that Xav...

Krishna K. Gupta Resumes Role as Chairman of Presto Automation After 4 Months as Interim CEO
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Krishna K. Gupta Resumes Role as Chairman of Presto Automation after 4 months as Interim CEO.

Presto Expands International Presence
Enhances Product Development and Engineering Capabilities with India-based Team Enhances Product Development and Engineering Capabilities with India-based Team

Can Presto Automation Bring AI to the Drive-Thru?
Marc Andreessen said, "Software is eating the world," which seems doubly true with the rapid rise of artificial intelligence. AI's latest victim is the fast food drive-thru.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...
Here's how this company is using A.I. to improve drive-thru process
Krishna Gupta, CEO and chairman at Presto Automation, joins 'Power Lunch' to explain how his company uses A.I. to improve drive-thru processes in the food industry.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...

Presto Unlocks Approximately $20M of Cash in PIPE Transaction
SAN CARLOS, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced ...

Presto Announces Fiscal Third Quarter 2023 Financial Results
Continues Momentum of Drive-Thru Voice AI Automation by Adding Hardees and Carl's Jr. as Customers Continues Momentum of Drive-Thru Voice AI Automation by Adding Hardees and Carl's Jr. as Customers

ICR Hosts Presto's Krishna Gupta on the Welcome to the Arena Podcast
NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, is pleased to announce that Krishna Gupta, Chairman and interim CEO, Presto Automation Inc. (Nasdaq: PRST), one of...

Presto Moves Fiscal Third Quarter 2023 Earnings Call to May 18
SAN CARLOS, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced ...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 14, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 12, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Presto Automation ...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Presto Automation, Inc. - PRST
NEW YORK , May 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Presto Automation, Inc. (NASDAQ: PRST). Such investors are advised to contact Robert S.

Presto to Participate at Needham Technology & Media Conference
SAN CARLOS, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced ...

Carl's Jr. and Hardee's to roll out Presto's A.I. drive-thru ordering nationwide
The partnership with CKE Restaurants, the parent company of Carl's Jr. and Hardee's, is the largest launch to date of Presto Voice.

Presto to Report Fiscal Third Quarter 2023 Financial Results
SAN CARLOS, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced...

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)---- $PRST #PRST--The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm.

Presto Automation: The Only Voice AI Company to Present at the 2023 Restaurant Leadership Conference
SAN CARLOS, Calif.--(BUSINESS WIRE)--Presto Automation Inc. (Nasdaq: PRST), one of the largest drive-thru automation technology providers in the hospitality industry, today announced that it will be p...

Presto Announces Enterprise Generative AI Summit in Silicon Valley
SAN CARLOS, Calif.--(BUSINESS WIRE)--Presto Automation Inc. (NASDAQ: PRST), one of the largest drive-thru automation technology providers in the hospitality industry (“Company”), today announced that ...

Presto Promotes Dan Mosher to President and Xavier Casanova to Chief Operating Officer
SAN CARLOS, Calif.--(BUSINESS WIRE)---- $PRST--Presto Automation Inc. (Nasdaq: PRST), one of the largest drive-thru automation technology providers in the hospitality industry (“Company”), today annou...

Presto Announces CEO Departure
SAN CARLOS, Calif.--(BUSINESS WIRE)--Presto Automation Inc. (NASDAQ: PRST), the largest drive-thru automation technology provider (the “Company”) in the hospitality industry, announced today that its ...

Presto to Participate at BofA Securities Conference
SAN CARLOS, Calif.--(BUSINESS WIRE)--Presto Automation Inc. (Nasdaq: PRST), a provider of drive-thru automation technology in the hospitality industry, today announced its participation at the BofA Se...

Presto Collaborates With ChatGPT Creator OpenAI to Enhance its Industry-leading Drive-thru AI Voice Assistant
SAN CARLOS, Calif.--(BUSINESS WIRE)--Presto Automation Inc. (Nasdaq: PRST), the largest drive-thru automation technology provider in the hospitality industry, today announced a collaboration with Open...