Toast (TOST) Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last year. There are currently 10 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TOST shares.
View TOST analyst ratings or view top-rated stocks.

21 equities research analysts have issued 1 year price targets for Toast's shares. Their TOST share price forecasts range from $16.00 to $31.00. On average, they predict the company's share price to reach $25.22 in the next year. This suggests a possible upside of 36.5% from the stock's current price.
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Toast's stock was trading at $18.03 on January 1st, 2023. Since then, TOST stock has increased by 2.5% and is now trading at $18.48.
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Toast saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 26,160,000 shares, an increase of 31.5% from the August 15th total of 19,890,000 shares. Based on an average daily trading volume, of 7,440,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 8.5% of the shares of the company are short sold.
View Toast's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our TOST earnings forecast.

Toast, Inc. (NYSE:TOST) posted its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.05. The firm had revenue of $978 million for the quarter, compared to analyst estimates of $943.06 million. Toast had a negative net margin of 11.33% and a negative trailing twelve-month return on equity of 34.23%. Toast's quarterly revenue was up 44.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.11) earnings per share.

ETFs with the largest weight of Toast (NYSE:TOST) stock in their portfolio include AOT Growth & Innovation ETF (AOTG), ARK Fintech Innovation ETF (ARKF), Global X FinTech Thematic ETF (FINX), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Alger Mid Cap 40 ETF (FRTY), First Trust Technology AlphaDEX Fund (FXL), WisdomTree Cloud Computing Fund (WCLD) and First Trust US Equity Opportunities ETF (FPX).

Toast issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.01 billion-$1.04 billion, compared to the consensus revenue estimate of $1.00 billion.

(TOST) raised $685 million in an initial public offering on Wednesday, September 22nd 2021. The company issued 21,739,131 shares at $30.00-$33.00 per share.

Toast trades on the New York Stock Exchange (NYSE) under the ticker symbol "TOST."

Toast's stock is owned by a number of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (6.87%), Capital International Investors (4.39%), BlackRock Inc. (3.50%), Durable Capital Partners LP (2.25%), Abdiel Capital Advisors LP (2.03%) and Champlain Investment Partners LLC (1.33%). Insiders that own company stock include Aman Narang, Bessemer Venture Partners Ix L, Brian R Elworthy, Christopher P Comparato, Crossover Managemen Technology, David Yuan, Elena Gomez, Hmi Capital Management, LP, James Michael Matlock, Jonathan Grimm, Mark J Hawkins, Paul D Bell, Richard Kent Bennett, Stephen Fredette and Technology Investment Dining G.
View institutional ownership trends.

Shares of TOST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TOST stock can currently be purchased for approximately $18.48.

Toast (NYSE:TOST) has a market capitalization of $9.90 billion and generates $3.32 billion in revenue each year. The company earns $-275,000,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis.

The company employs 4,500 workers across the globe.

Toast's mailing address is 401 PARK DRIVE SUITE 801, BOSTON MA, 02215. The official website for the company is pos.toasttab.com. The company can be reached via phone at 617-297-1005 or via email at ir@toasttab.com.