Presto Automation

PRSTNASDAQ
$0.078800
0.00081.03%
Pre-Market: 4:19 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$5.00
Lowest Price Target1
$0.62
Consensus Price Target1
$2.54

Presto Automation (NASDAQ:PRST) Stock, Analyst Ratings, Price Targets, Forecasts

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 3123.35% upside for Presto Automation Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
Northland Capital Markets
Chardan Capital

1calculated from analyst ratings

Analyst Ratings for Presto Automation

Buy NowGet Alert
12/18/2023Buy Now686.8%Jefferies
Samad Samana
→ $0.62Initiates → HoldGet Alert
12/11/2023Buy Now2438.07%Northland Capital Markets
Michael Latimore
→ $2Initiates → OutperformGet Alert
06/01/2023Buy Now6245.18%Chardan Capital
Brian Dobson
$4.25 → $5UpgradeNeutral → BuyGet Alert
03/28/2023Buy Now5293.4%Chardan Capital
Brian Dobson
→ $4.25Reiterates → NeutralGet Alert
02/16/2023Buy Now5293.4%Chardan Capital
Brian Dobson
→ $4.25Reiterates → NeutralGet Alert
12/09/2022Buy Now5293.4%Chardan Capital
Brian Dobson
→ $4.25Initiates → NeutralGet Alert

FAQ

Q

What is the target price for Presto Automation (PRST) stock?

A

The latest price target for Presto Automation (NASDAQ: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 686.80% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Presto Automation (PRST)?

A

The latest analyst rating for Presto Automation (NASDAQ:PRST) was provided by Jefferies, and Presto Automation initiated their hold rating.

Q

When was the last upgrade for Presto Automation (PRST)?

A

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.

Q

When was the last downgrade for Presto Automation (PRST)?

A

There is no last downgrade for Presto Automation.

Q

When is the next analyst rating going to be posted or updated for Presto Automation (PRST)?

A

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.

Q

Is the Analyst Rating Presto Automation (PRST) correct?

A

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 $0.08, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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