Read Our Investor Brief on Presto Automation

By Scott Lee • Thursday, August 17 10:00 • Permanent Link

Shares of Technology sector company Presto Automation moved 2.3% today, and are now trading at a price of $3.09. The Small-Cap stock's daily volume was 30,487 compared to its average volume of 613,730. The S&P 500 index returned a 0.0% performance.

Presto Automation Inc. operates as a labor automation technology provider in the hospitality industry. The company is based in San Carlos and has 110 full time employees. Its market capitalization is $174,242,000.

The only analyst following Presto Automation has set a target price of $5.0 per share, which is -38.2 away from its current price. This analyst rates the stock as buy.

Date Reported	Cash Flow from Operations ($ k)	Capital expenditures ($ k)	Free Cashflow ($ k)	YoY Growth (%)
2022-06-30	-47,299	-2,058	-49,357	-102.96
2021-06-30	-23,772	-546	-24,318	-149.24
2020-06-30	-8,215	-1,542	-9,757	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.