Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
22 September 2021Website:
http://www.pos.toasttab.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
pre-market | 44 min agoDividend
Analysts recommendations
Institutional Ownership
TOST Latest News
Toast (TOST) closed at $30.04 in the latest trading session, marking a -0.27% move from the prior day.
Here's why a small price increase could lead to solid growth.
Toast is on a clear path toward significant market-share gains.
Toast stock faces risks that other fintech stocks do not.
Toast is a speculative stock bridging cloud software and fintech payment solutions, carving out a niche in the restaurant industry. The company maintains low attrition rates, showcasing product stickiness and upsell opportunities, with success stories from customers improving operations. Although difficult to value, the market opportunity is immense and Toast continues to execute. It's a buy for me today.
In the closing of the recent trading day, Toast (TOST) stood at $29.37, denoting a -0.51% change from the preceding trading day.
Toast (TOST) closed the most recent trading day at $29.03, moving +1.04% from the previous trading session.
Toast (TOST) closed the most recent trading day at $28.98, moving +0.63% from the previous trading session.
Shares of this software enterprise trade at a compelling valuation.
Toast remains a "buy" with a price target of $36, driven by strong revenue growth as it expands into new locations with growing ARPU from deep product innovation. The company reported Q2 FY24 revenue growth of 27% YoY to $1.24B, adding 8,000 net new locations and achieving significant adjusted EBITDA growth of 500% YoY. Despite a 3% YoY decline in GPV per location and macroeconomic risks, Toast's long-term growth story remains intact with promising international and Food & Beverage Retail expansion.
What type of business is Toast?
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast. It provides toast online ordering and toast takeout, first-party delivery toast delivery services, and third-party delivery integrations and orders hub; and loyalty, email marketing, and toast gift cards. In addition, the company offers payroll and team management, Sling by Toast, Toast pay card and payout, and tips manager, as well as partner-enabled products comprising insurance and benefits; supply chain and accounting products, such as xtraCHEF by toast; and financial technology solutions consisting of payment processing, toast capital, and purchase plans. Further, it offers reporting and analytics, Toast shop, and Toast partner connect and application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
What sector is Toast in?
Toast is in the Technology sector
What industry is Toast in?
Toast is in the Software Infrastructure industry
What country is Toast from?
Toast is headquartered in United States
When did Toast go public?
Toast initial public offering (IPO) was on 22 September 2021
What is Toast website?
https://www.pos.toasttab.com
Is Toast in the S&P 500?
No, Toast is not included in the S&P 500 index
Is Toast in the NASDAQ 100?
No, Toast is not included in the NASDAQ 100 index
Is Toast in the Dow Jones?
No, Toast is not included in the Dow Jones index
When was Toast the previous earnings report?
No data
When does Toast earnings report?
The next expected earnings date for Toast is 07 November 2024