Toast, Inc. (NYSE:TOST) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Moderate Buy consensus from 25 analysts (16 buys, 8 holds, 1 strong buy) with an average 12‑month price target of $39.48.
• Toast missed quarterly EPS (reported $0.16 vs. $0.24 expected) but revenue grew 22% year‑over‑year to $1.63B, with a net margin of 5.56% and ROE of 18.14%.
• Insiders have sold 46,030 shares (about $1.23M) in the last 90 days, even as institutional investors hold a high 82.91% of the stock.

Shares of Toast, Inc. (NYSE:TOST - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty-five brokerages that are covering the company, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $39.48.

A number of equities analysts recently issued reports on the company. Truist Financial set a $36.00 target price on Toast in a report on Wednesday, February 25th. Evercore upgraded shares of Toast from an "in-line" rating to an "outperform" rating and set a $40.00 price objective on the stock in a report on Tuesday, January 20th. Jefferies Financial Group set a $35.00 price objective on shares of Toast in a research note on Friday, February 13th. Canaccord Genuity Group set a $37.00 price objective on shares of Toast in a report on Friday, February 13th. Finally, Loop Capital assumed coverage on shares of Toast in a research report on Tuesday, March 31st. They set a "hold" rating and a $26.00 target price for the company.

Toast Stock Performance

TOST stock opened at $29.03 on Friday. The stock's 50 day simple moving average is $27.55 and its 200 day simple moving average is $32.23. The company has a market cap of $15.21 billion, a P/E ratio of 53.75 and a beta of 1.90. Toast has a fifty-two week low of $24.35 and a fifty-two week high of $49.66.

Toast (NYSE:TOST - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.24 by ($0.08). The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.62 billion. Toast had a net margin of 5.56% and a return on equity of 18.14%. The company's revenue was up 22.0% on a year-over-year basis. During the same period last year, the business posted $0.05 EPS. Equities analysts predict that Toast will post 0.81 earnings per share for the current year.

Toast announced that its Board of Directors has approved a stock repurchase program on Thursday, February 12th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

More Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Seeking Alpha upgrades TOST to a strong‑buy, arguing “the profit era begins” — highlights robust GAAP profitability and very high incremental operating margins, management’s 20% revenue growth guide and AI opportunity via ToastIQ as a durable growth/margin driver. Toast: The Profit Era Begins
• Positive Sentiment: BMO Capital initiated coverage with an outperform / strong‑buy — the initiation adds institutional legitimacy to the bullish narrative and likely helped lift investor demand. BMO Coverage
• Positive Sentiment: Another Seeking Alpha piece frames Toast as a high‑growth specialist with AI tailwinds and strong 2025 metrics (location, revenue and ARR growth), reinforcing the upside case as Toast shifts mix toward higher‑margin software/fintech. Toast: A High-Growth Specialist With AI Tailwinds
• Neutral Sentiment: Toast set its Q1 2026 earnings release for after market close on May 7 and will host a conference call — a near‑term catalyst that could amplify moves in either direction. Earnings Release
• Neutral Sentiment: Toast is piloting its Alicart/AI rollout to test its AI platform — progress on AI features could be incremental upside if adoption scales, but the story remains execution‑dependent. Alicart Rollout Tests AI
• Neutral Sentiment: Coverage pieces and Zacks writeups noting Wall Street’s bullish views increase investor attention but are descriptive rather than new fundamental catalysts. Zacks: Wall Street Views
• Negative Sentiment: Insider selling disclosed: Director Deval L. Patrick sold 1,667 shares (filed with the SEC). While small vs. his holdings, insider sales can create short‑term unease for some investors. Insider Sale
• Negative Sentiment: Several articles flag lingering risks — dependence on restaurant spending and competitive pressure — even as Toast posts profit; these caveats could temper longer‑term multiple expansion. Profit But Risks

Insider Activity at Toast

In related news, CRO Jonathan Vassil sold 6,438 shares of the company's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $26.19, for a total transaction of $168,611.22. Following the completion of the sale, the executive owned 146,618 shares in the company, valued at approximately $3,839,925.42. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Elena Gomez sold 8,929 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.19, for a total value of $233,850.51. Following the completion of the sale, the chief financial officer directly owned 173,064 shares of the company's stock, valued at $4,532,546.16. The trade was a 4.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,030 shares of company stock valued at $1,231,451 over the last 90 days. Corporate insiders own 12.14% of the company's stock.

Institutional Trading of Toast

Several institutional investors have recently made changes to their positions in TOST. NewEdge Advisors LLC boosted its holdings in Toast by 1,555.5% during the first quarter. NewEdge Advisors LLC now owns 17,432 shares of the company's stock worth $578,000 after purchasing an additional 16,379 shares during the last quarter. Cerity Partners LLC increased its stake in Toast by 24.0% in the 2nd quarter. Cerity Partners LLC now owns 81,574 shares of the company's stock valued at $3,613,000 after buying an additional 15,774 shares during the last quarter. State Street Corp increased its stake in Toast by 2.7% in the 2nd quarter. State Street Corp now owns 9,212,889 shares of the company's stock valued at $408,039,000 after buying an additional 245,276 shares during the last quarter. Frontier Capital Management Co. LLC bought a new position in shares of Toast during the 2nd quarter worth approximately $4,479,000. Finally, Sei Investments Co. lifted its position in shares of Toast by 24.6% during the 2nd quarter. Sei Investments Co. now owns 1,030,007 shares of the company's stock worth $45,619,000 after buying an additional 203,404 shares in the last quarter. Institutional investors own 82.91% of the company's stock.

Toast Company Profile

Toast, Inc NYSE: TOST is a technology company that builds a cloud-based platform for restaurants and other foodservice businesses. Headquartered in Boston, Massachusetts, Toast offers integrated point-of-sale (POS) systems and a suite of software and hardware designed to streamline front-of-house and back-of-house operations. The company went public in 2021 and has positioned itself as a vertically integrated provider for the restaurant industry.

Toast's product portfolio includes touchscreen POS terminals and handheld order-and-pay devices, kitchen display systems, and peripherals tailored for high-volume foodservice environments.

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