Presto Automation Inc has a consensus price target of $2.54 based on the ratings of 3 analysts. The high is $5 issued by Chardan Capital on June 1, 2023. The low is $0.62 issued by Jefferies on December 18, 2023. The 3 most-recent analyst ratings were released by Jefferies, Northland Capital Markets, and Chardan Capital on December 18, 2023, December 11, 2023, and June 1, 2023, respectively. With an average price target of $2.54 between Jefferies, Northland Capital Markets, and Chardan Capital, there's an implied 110334.78% upside for Presto Automation Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Presto Automation (OTCPK:PRST) was reported by Jefferies on December 18, 2023. The analyst firm set a price target for $0.62 expecting PRST to rise to within 12 months (a possible 26856.52% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Presto Automation (OTCPK:PRST) was provided by Jefferies, and Presto Automation initiated their hold rating.
The last upgrade for Presto Automation Inc happened on June 1, 2023 when Chardan Capital raised their price target to $5. Chardan Capital previously had a neutral for Presto Automation Inc.
There is no last downgrade for Presto Automation.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Presto Automation, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Presto Automation was filed on December 18, 2023 so you should expect the next rating to be made available sometime around December 18, 2024.
While ratings are subjective and will change, the latest Presto Automation (PRST) rating was a initiated with a price target of $0.00 to $0.62. The current price Presto Automation (PRST) is trading at is $0.00, which is within the analyst’s predicted range.
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