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PRST
Upturn stock ratingUpturn stock rating

Presto Automation Inc. (PRST)

Upturn stock ratingUpturn stock rating
$0.01
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/18/2024: PRST (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0.25

1 Year Target Price $0.25

Analysts Price Target For last 52 week
$0.25Target price
Low$0
Current$0.01
high$0.09

Analysis of Past Performance

Type Stock
Historic Profit -68.28%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/18/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 0.04M USD
Price to earnings Ratio -
1Y Target Price 0.25
Price to earnings Ratio -
1Y Target Price 0.25
Volume (30-day avg) 1
Beta -21.02
52 Weeks Range 0.00 - 0.09
Updated Date 06/29/2025
52 Weeks Range 0.00 - 0.09
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.39

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -343.67%

Management Effectiveness

Return on Assets (TTM) -104.04%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 58337851
Price to Sales(TTM) -
Enterprise Value 58337851
Price to Sales(TTM) -
Enterprise Value to Revenue 3.06
Enterprise Value to EBITDA -1.52
Shares Outstanding 418519008
Shares Floating 104512956
Shares Outstanding 418519008
Shares Floating 104512956
Percent Insiders 12.45
Percent Institutions 4.11

Analyst Ratings

Rating 1
Target Price 0.25
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Presto Automation Inc.

stock logo

Company Overview

overview logo History and Background

Presto Automation Inc., formerly Ventoux CCM Acquisition Corp., was founded in 2021 through a SPAC merger. It focuses on developing automation solutions for the restaurant industry.

business area logo Core Business Areas

  • Presto Voice: AI-powered voice ordering solutions designed for drive-thrus, enabling automated order taking and upselling.
  • Presto Touch: Touchscreen ordering systems for tableside and counter service, improving order accuracy and speed.
  • Presto Pay: Pay-at-table and mobile payment solutions that speed up transaction times and reduce wait times.
  • Presto Vision: Computer vision technology to help detect the cars, and use computer vision technologies to better inform and guide restaurant operations.

leadership logo Leadership and Structure

The leadership team includes key executives in technology, sales, and operations. The organizational structure is designed to support innovation and market penetration.

Top Products and Market Share

overview logo Key Offerings

  • Presto Voice: AI-powered voice ordering system. Market share data is not readily available but growing; Presto aims for a significant share of the quick-service restaurant (QSR) market. Competitors include SoundHound (SOUN), and other in-house developments from major fast food chains.
  • Presto Touch: Touchscreen ordering and payment system deployed in restaurants. Market share data is not readily available. Competitors include Ziosk, and restaurant's custom kiosk systems.
  • Presto Pay: Pay-at-table and mobile payment solutions for restaurants. Competitors include Toast (TOST) and Block (SQ).
  • Presto Vision: Computer vision technology. Market share data is not readily available. Competitors include various custom built computer vision applications developed in house.

Market Dynamics

industry overview logo Industry Overview

The restaurant technology market is experiencing rapid growth driven by increasing demand for automation, labor shortages, and the need for improved customer experiences.

Positioning

Presto Automation Inc. positions itself as a provider of comprehensive automation solutions for the restaurant industry, focusing on AI-powered voice ordering and touch-based interfaces. Presto Automation Inc. aims to be a one stop solution.

Total Addressable Market (TAM)

The TAM for restaurant automation is estimated to be in the billions of dollars. Presto Automation Inc. is positioned to capture a portion of this market through its innovative solutions.

Upturn SWOT Analysis

Strengths

  • Innovative technology solutions
  • Strong focus on the restaurant industry
  • Experienced leadership team
  • Comprehensive product offerings

Weaknesses

  • Limited financial resources
  • Relatively small market share
  • Dependence on key partnerships
  • Limited track record as a public company

Opportunities

  • Expanding into new restaurant segments
  • Developing new automation solutions
  • Forming strategic alliances
  • Capitalizing on labor shortages in the restaurant industry

Threats

  • Competition from larger technology companies
  • Changing customer preferences
  • Economic downturns
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • Toast (TOST)
  • Block (SQ)
  • SoundHound (SOUN)

Competitive Landscape

Presto Automation Inc. differentiates itself through its focus on AI-powered voice ordering and its comprehensive suite of automation solutions. Competitors have broader offerings.

Major Acquisitions

E la Carte

  • Year: 2020
  • Acquisition Price (USD millions): 20
  • Strategic Rationale: Acquired E la Carte for their touchscreen technology and restaurant network

Growth Trajectory and Initiatives

Historical Growth: Historical growth is limited due to the company's recent public listing; however, they've shown revenue growth.

Future Projections: Future growth projections are based on analyst estimates and company guidance, with expectations for significant revenue growth in the coming years.

Recent Initiatives: Recent initiatives include expanding partnerships with restaurant chains and developing new AI-powered automation solutions.

Summary

Presto Automation Inc. is a relatively new player in the restaurant automation space with innovative solutions, but limited financials. They aim to capture a growing share of the QSR market. Their dependence on key partnerships could present challenges, requiring them to focus on strategic alliances and capitalising on labor shortages to achieve future projections. Investors should note current financial and market performance are weak, however, future projections are strong.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Third-party Research Reports
  • Press Releases

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. Investment decisions should be made after consulting with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Presto Automation Inc.

Exchange NASDAQ
Headquaters San Carlos, CA, United States
IPO Launch date 2021-02-05
CEO -
Sector Technology
Industry Software - Application
Full time employees 137
Full time employees 137

Presto Automation Inc. engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff intervention; and Presto Touch, a pay-at-table tablet solution to casual dining chains that enables self-serve ordering, payment processing, personalization, and gaming experiences for restaurant guests. Presto Automation, Inc. was founded in 2008 and is headquartered in San Carlos, California.