Presto Automation, Inc. (PRST)
NASDAQ: PRST · IEX Real-Time Price · USD
0.167
-0.002 (-1.36%)
At close: Apr 25, 2024, 4:00 PM
0.166
-0.001 (-0.66%)
Pre-market: Apr 26, 2024, 8:34 AM EDT
Presto Automation Stock Forecast
PRST's stock price has decreased by -94.64% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Presto Automation stock have an average target of 2.54, with a low estimate of 0.62 and a high estimate of 5.00. The average target predicts an increase of 1,424.61% from the current stock price of 0.17.
Analyst Consensus: Buy
* Price targets were last updated on Dec 18, 2023.
Analyst Ratings
The average analyst rating for PRST stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $0.62 | Hold | Initiates | $0.62 | +272.15% | Dec 18, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $2 | Buy | Initiates | $2 | +1,100.48% | Dec 11, 2023 |
| Chardan Capital | Chardan Capital | Hold → Strong Buy Upgrades $4.25 → $5 | Hold → Strong Buy | Upgrades | $4.25 → $5 | +2,901.20% | Jun 1, 2023 |
| Chardan Capital | Chardan Capital | Hold Reiterates $4.25 | Hold | Reiterates | $4.25 | +2,451.02% | Mar 28, 2023 |
| Chardan Capital | Chardan Capital | Hold Reiterates $4.25 | Hold | Reiterates | $4.25 | +2,451.02% | Feb 16, 2023 |
Financial Forecast
Revenue This Year
18.65M
from 26.14M
Decreased by -28.65%
Revenue Next Year
28.99M
from 18.65M
Increased by 55.46%
EPS This Year
-0.41
from -0.74
EPS Next Year
-0.37
from -0.41
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.0M | 35.6M | 62.4M |
| Avg | 18.6M | 29.0M | 60.6M |
| Low | 14.1M | 22.4M | 58.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.0% | 91.1% | 115.2% |
| Avg | -28.6% | 55.5% | 109.1% |
| Low | -46.0% | 20.3% | 100.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.38 | -0.29 | -0.29 |
| Avg | -0.41 | -0.37 | -0.29 |
| Low | -0.43 | -0.44 | -0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.