PRESTO AUTOMATION INC (PRST) Forecast, Price Target & Analyst Ratings

NASDAQ:PRST • US74113T1051

Current stock price

0.0199 USD
-0.01 (-35.81%)
At close:
0.0132 USD
-0.01 (-33.67%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PRESTO AUTOMATION INC (PRST).

Forecast Snapshot

Consensus Price Target

Price Target
$0.26
+ 1,181.41% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 8, 2024
Period
Q4 / 2024
EPS Estimate
-$0.10
Revenue Estimate
2.652M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$0.26
Upside
+ 1,181.41%
From current price of $0.02 to mean target of $0.26, Based on 6 analyst forecasts
Low
$0.25
Median
$0.26
High
$0.26

Price Target Revisions

1 Month
0.00%
3 Months
-73.90%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for PRST. The average price target is 0.26 USD. This implies a price increase of 1181.41% is expected in the next year compared to the current price of 0.0199.
The average price target has been revised downward by 73.9% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PRST Current Analyst RatingPRST Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

PRST Historical Analyst RatingsPRST Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
PRST was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about PRST.
In the previous month the buy percentage consensus was at a similar level.
PRST was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-12-18JefferiesInitiate Hold
2023-12-11Northland Capital MarketsInitiate Outperform
2023-06-01Chardan CapitalUpgrade Neutral -> Buy
2023-03-28Chardan CapitalReiterate Neutral
2023-02-16Chardan CapitalReiterate Neutral
2022-12-09Chardan CapitalInitiate Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 8, 2024
Period
Q4 / 2024
EPS Estimate
-$0.10
Revenue Estimate
2.652M
Revenue Q2Q
-44.98%
EPS Q2Q
85.00%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-41.79%
EPS (1 Month)
0.00%
EPS (3 Months)
20.00%

Next Earnings Summary

PRST is expected to report earnings on 10/8/2024. The consensus EPS estimate for the next earnings is -0.1 USD and the consensus revenue estimate is 2.65M USD.
The next earnings revenue estimate has been revised downward by 41.79% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
PRST revenue by date.PRST revenue by date.
29.91M
39.05%		30.35M
1.47%		26.14M
-13.87%		14.688M
-43.81%		23.358M
59.03%		60.608M
159.47%
EBITDA
YoY % growth
PRST ebitda by date.PRST ebitda by date.
-15.68M
3.69%		-30.23M
-92.79%		-54.73M
-81.05%		-30.804M
43.72%		-27.336M
11.26%		3.282M
112.01%
EBIT
YoY % growth
PRST ebit by date.PRST ebit by date.
-21.55M
-10.74%		-32.63M
-51.42%		-56.41M
-72.88%		-44.676M
20.80%		-39.168M
12.33%		-19.158M
51.09%
Operating Margin
PRST operating margin by date.PRST operating margin by date.
-72.05%-107.51%-215.80%-304.17%-167.69%-31.61%
EPS
YoY % growth
PRST eps by date.PRST eps by date.
N/AN/AN/A-0.37
-550.00%		-0.29
22.22%		-0.29

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		-0.10
85.00%		-0.09
-214.75%		-0.07
76.97%		-0.06
80.88%		-0.05
50.00%
Revenue
Q2Q % growth		2.652M
-44.98%		4.59M
-6.04%		5.406M
10.48%		6.324M
42.05%		7.14M
169.23%
EBITDA
Q2Q % growth		-7.242M
41.69%		-7.548M
38.43%		-7.038M
61.02%		-6.528M
49.27%		-6.222M
14.08%
EBIT
Q2Q % growth		-9.996M
29.11%		-10.506M
20.83%		-9.996M
49.77%		-9.486M
38.00%		-9.18M
8.16%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PRST Yearly Revenue VS EstimatesPRST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M
PRST Yearly EPS VS EstimatesPRST Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 0 -0.1 -0.2 -0.3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-76.52%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
25.45%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
27.31%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PRESTO AUTOMATION INC / PRST Forecast FAQ

What do analysts expect the price target to be for PRESTO AUTOMATION INC (PRST)?

6 analysts have analysed PRST and the average price target is 0.26 USD. This implies a price increase of 1181.41% is expected in the next year compared to the current price of 0.0199.

Can you provide the upcoming earnings date for PRESTO AUTOMATION INC?

PRESTO AUTOMATION INC (PRST) will report earnings on 2024-10-08, after the market close.

What are the consensus estimates for PRST stock next earnings?

The consensus EPS estimate for the next earnings of PRESTO AUTOMATION INC (PRST) is -0.1 USD and the consensus revenue estimate is 2.65M USD.

How many analysts cover PRESTO AUTOMATION INC (PRST) stock?

The number of analysts covering PRESTO AUTOMATION INC (PRST) is 6.