NASDAQ:PRPO Precipio (PRPO) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free PRPO Stock Alerts $6.26 +0.06 (+0.97%) (As of 11:11 AM ET) Add Compare Share Share Today's Range$6.01▼$6.2650-Day Range$5.96▼$6.8952-Week Range$4.75▼$15.41Volume2,552 shsAverage Volume6,382 shsMarket Capitalization$8.89 millionP/E RatioN/ADividend YieldN/APrice Target$40.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Precipio alerts: Email Address Precipio MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside539.0% Upside$40.00 Price TargetShort InterestHealthy0.37% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.43 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, Precipio has a forecasted upside of 539.0% from its current price of $6.26.Amount of Analyst CoveragePrecipio has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.37% of the float of Precipio has been sold short.Short Interest Ratio / Days to CoverPrecipio has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Precipio has recently decreased by 50.00%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPrecipio does not currently pay a dividend.Dividend GrowthPrecipio does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRPO. Previous Next 3.2 News and Social Media Coverage News SentimentPrecipio has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Precipio this week, compared to 1 article on an average week.Search Interest1 people have searched for PRPO on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precipio insiders have not sold or bought any company stock.Percentage Held by Insiders10.60% of the stock of Precipio is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 10.45% of the stock of Precipio is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Precipio is -0.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Precipio is -0.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPrecipio has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. About Precipio Stock (NASDAQ:PRPO)Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; HemeScreen, a suite of robust genetic diagnostic panels; and COVID-19 antibody tests. It sells ICE- technology kits to bio-pharma customers. The company is based in New Haven, Connecticut.Read More PRPO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRPO Stock News HeadlinesMarch 25, 2024 | globenewswire.comPrecipio Announces Year end 2023 Shareholder Update CallMarch 23, 2024 | americanbankingnews.comPrecipio (NASDAQ:PRPO) Stock Price Passes Below 200 Day Moving Average of $6.58March 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 12, 2024 | ca.finance.yahoo.comPrecipio, Inc. (PRPO)February 23, 2024 | benzinga.comPrecipio Stock (NASDAQ:PRPO), Analyst Ratings, Price Targets, PredictionsFebruary 13, 2024 | finance.yahoo.comPrecipio to Report $15.2M for FY-2023 (unaudited) Revenues, an increase of 60% YoYFebruary 6, 2024 | finanznachrichten.dePrecipio, Inc.: Precipio and Cardinal Health Sign Distribution Agreement for its HemeScreen Portfolio of Molecular assays for CancerJanuary 23, 2024 | msn.comPrecipio’s Q4 cash burn from operations drops below $100K for full quarterMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… January 23, 2024 | finanznachrichten.dePrecipio, Inc.: Precipio's Q4-2023 Cash Burn From Operations (unaudited) drops below $100K for the full quarterJanuary 23, 2024 | finance.yahoo.comPrecipio’s Q4-2023 Cash Burn From Operations (unaudited) drops below $100K for the full quarterJanuary 17, 2024 | finanznachrichten.dePrecipio, Inc.: Precipio Signs Distribution Agreement For IV-Cell and HemeScreen in JapanJanuary 17, 2024 | finance.yahoo.comPrecipio Signs Distribution Agreement For IV-Cell® and HemeScreen® in JapanJanuary 2, 2024 | finance.yahoo.comPrecipio Announces Christina Valauri joins the Board of DirectorsDecember 15, 2023 | finanznachrichten.dePrecipio, Inc.: Precipio Management Shares Thoughts on 2023, and Looks Ahead To 2024December 14, 2023 | finance.yahoo.comPrecipio Management Shares Thoughts on 2023, and Looks Ahead To 2024October 18, 2023 | finance.yahoo.comPrecipio to Report $4.5M Q3-2023 Revenues, Double From Q3-2022October 3, 2023 | finanznachrichten.dePrecipio, Inc.: Precipio's Q3 Cash Burn From Operations (unaudited) Declines 59% YoY, from $2.5M in Q3-2022 to approximately $1M in Q3-2023October 3, 2023 | finance.yahoo.comPrecipio’s Q3 Cash Burn From Operations (unaudited) Declines 59% YoY, from $2.5M in Q3-2022 to approximately $1M in Q3-2023September 28, 2023 | finance.yahoo.comPrecipio Continues to Sign New HemeScreen™ CustomersSeptember 25, 2023 | finance.yahoo.comPrecipio Reduces Product Revenue Result Needed for Cash Flow BreakevenSeptember 22, 2023 | finanznachrichten.dePrecipio, Inc.: Precipio Takes Final Step Towards Regaining Nasdaq ComplianceSeptember 13, 2023 | finance.yahoo.comPrecipio’s Pathology Division Exceeds Breakeven Revenues in August, Four Months Ahead of PlanAugust 20, 2023 | finance.yahoo.comBroker Revenue Forecasts For Precipio, Inc. (NASDAQ:PRPO) Are Surging HigherAugust 19, 2023 | finance.yahoo.comPrecipio, Inc. (NASDAQ:PRPO) Q2 2023 Earnings Call TranscriptAugust 16, 2023 | benzinga.comPrecipio's Earnings: A PreviewAugust 13, 2023 | finance.yahoo.comPrecipio, Inc.'s (NASDAQ:PRPO) Shares Not Telling The Full StorySee More Headlines Receive PRPO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precipio and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/23/2018Today3/28/2024Next Earnings (Estimated)4/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Analytical instruments Sub-IndustryN/A Current SymbolNASDAQ:PRPO CUSIPN/A CIK1043961 Webwww.precipiodx.com Phone(203) 787-7888Fax402-452-5401Employees53Year FoundedN/APrice Target and Rating Average Stock Price Target$40.00 High Stock Price Target$40.00 Low Stock Price Target$40.00 Potential Upside/Downside+544.8%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($7.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-12,200,000.00 Net Margins-68.39% Pretax Margin-68.34% Return on Equity-62.88% Return on Assets-45.65% Debt Debt-to-Equity Ratio0.01 Current Ratio0.79 Quick Ratio0.67 Sales & Book Value Annual Sales$9.41 million Price / Sales0.94 Cash FlowN/A Price / Cash FlowN/A Book Value$14.34 per share Price / Book0.43Miscellaneous Outstanding Shares1,420,000Free Float1,269,000Market Cap$8.81 million OptionableOptionable Beta1.61 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Ilan Danieli (Age 52)Founder, President, CEO & Director Comp: $324.1kDr. Ayman A. Mohamed M.D. (Age 39)Chief Technology Officer Comp: $234.1kMr. Matthew Gage (Age 57)Chief Financial Officer Mr. Ahmed Zaki Sabet (Age 37)Chief Operating Officer Comp: $229.03kMs. Miri Chiko-RadomskiChief Legal Counsel & People OfficerKey CompetitorsTelesis BioNASDAQ:TBIOAccelerate DiagnosticsNASDAQ:AXDXTalis BiomedicalNASDAQ:TLISCue HealthNASDAQ:HLTHClever LeavesNASDAQ:CLVRView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 6,589 shares on 3/11/2024Ownership: 2.708%Vanguard Group Inc.Sold 6,589 shares on 2/15/2024Ownership: 2.708%View All Institutional Transactions PRPO Stock Analysis - Frequently Asked Questions What is Precipio's stock price target for 2024? 0 brokerages have issued 12 month target prices for Precipio's stock. Their PRPO share price targets range from $40.00 to $40.00. On average, they expect the company's share price to reach $40.00 in the next year. This suggests a possible upside of 539.0% from the stock's current price. View analysts price targets for PRPO or view top-rated stocks among Wall Street analysts. How have PRPO shares performed in 2024? Precipio's stock was trading at $6.50 at the beginning of the year. Since then, PRPO stock has decreased by 3.7% and is now trading at $6.26. View the best growth stocks for 2024 here. Are investors shorting Precipio? Precipio saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 5,000 shares, a decrease of 50.0% from the February 29th total of 10,000 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are sold short. View Precipio's Short Interest. When is Precipio's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our PRPO earnings forecast. How were Precipio's earnings last quarter? Precipio, Inc. (NASDAQ:PRPO) announced its quarterly earnings results on Thursday, August, 23rd. The biotechnology company reported ($3.00) earnings per share (EPS) for the quarter, missing the consensus estimate of $38.60 by $41.60. The biotechnology company earned $0.82 million during the quarter. Precipio had a negative trailing twelve-month return on equity of 62.88% and a negative net margin of 68.39%. When did Precipio's stock split? Precipio's stock reverse split on the morning of Friday, September 22nd 2023. The 1-20 reverse split was announced on Friday, September 22nd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 22nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What other stocks do shareholders of Precipio own? Based on aggregate information from My MarketBeat watchlists, some companies that other Precipio investors own include Biocept (BIOC), Heat Biologics (HTBX), Portola Pharmaceuticals (PTLA), iBio (IBIO), Inovio Pharmaceuticals (INO), T2 Biosystems (TTOO), VBI Vaccines (VBIV), Co-Diagnostics (CODX), Jaguar Health (JAGX). Who are Precipio's major shareholders? Precipio's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.71%), Vanguard Group Inc. (2.71%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ahmed Zaki Sabet, David Seth Cohen, Ilan Danieli and Richard A Sandberg. View institutional ownership trends. How do I buy shares of Precipio? Shares of PRPO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PRPO) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeAI to Meet the Same Fate as EVs? Porter & CompanyGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Precipio, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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