Toast (TOST) Stock Overview
Operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
TOST passed our risk checks.
TOST Community Fair Values
Create NarrativeSee what 139 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Toast, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.11 |
| 52 Week High | US$49.66 |
| 52 Week Low | US$24.35 |
| Beta | 1.9 |
| 1 Month Change | 9.97% |
| 3 Month Change | 3.04% |
| 1 Year Change | -18.78% |
| 3 Year Change | 50.44% |
| 5 Year Change | n/a |
| Change since IPO | -53.43% |
Recent News & Updates
TOST: Software Moat And AI Adoption Will Support Future Repricing
The analyst price target for Toast edges down from $36.75 to $36.36 as analysts update their models to reflect revised sector multiples and mixed, but generally solid, recent research views on the company. Analyst Commentary Recent research on Toast shows a mix of optimism around execution and competitive positioning, alongside a reset in expectations that has pulled price targets lower across much of the coverage universe.Toast: More Than Just A POS
Apr 23TOST: Software Moat And AI Tools Will Support Future Repricing
Analysts have trimmed the Toast fair value estimate slightly to $36.75 from $37.70 as a series of reduced price targets, mostly tied to lower sector multiples and modest model tweaks after Q4 results, offset more supportive views on the company’s software moat and quality within payments. Analyst Commentary Recent research coverage on Toast presents a mixed picture, with price targets generally adjusted lower while views on the company’s execution, software moat and role within payments remain constructive in many cases.Recent updates
TOST: Software Moat And AI Adoption Will Support Future Repricing
The analyst price target for Toast edges down from $36.75 to $36.36 as analysts update their models to reflect revised sector multiples and mixed, but generally solid, recent research views on the company. Analyst Commentary Recent research on Toast shows a mix of optimism around execution and competitive positioning, alongside a reset in expectations that has pulled price targets lower across much of the coverage universe.Toast: More Than Just A POS
Apr 23TOST: Software Moat And AI Tools Will Support Future Repricing
Analysts have trimmed the Toast fair value estimate slightly to $36.75 from $37.70 as a series of reduced price targets, mostly tied to lower sector multiples and modest model tweaks after Q4 results, offset more supportive views on the company’s software moat and quality within payments. Analyst Commentary Recent research coverage on Toast presents a mixed picture, with price targets generally adjusted lower while views on the company’s execution, software moat and role within payments remain constructive in many cases.TOST: Restaurant Execution And AI Tools Will Support Future Repricing
Narrative Update The updated analyst price target for Toast edges up to about $38 from roughly $37, reflecting models that assume steady growth, a slightly lower discount rate, and a marginally higher future P/E multiple, even as several firms trim their individual targets after Q4 results. Analyst Commentary Recent research on Toast clusters around two themes, with many firms trimming price targets after Q4 while still highlighting solid execution and quality, and a smaller group flagging valuation and competitive risks as reasons for caution.TOST: Restaurant Execution And AI Tools Will Support Future Margin Expansion
Analysts have nudged our fair value estimate for Toast slightly lower, from $37.58 to $37.22. A wave of reduced but still supportive Street price targets reflects updated models after Q4 results, modestly lower sector multiples, and some caution around early year weather impacts on near term revenue.TOST: Restaurant Execution And AI Adoption Will Support Future Margin Expansion
Our updated fair value estimate for Toast has moved lower to $37.58 from $46.38, reflecting a broad wave of reduced Street price targets as analysts factor in slightly softer long term revenue growth assumptions, improved margin expectations, and lower sector P/E multiples, while still generally viewing recent Q4 performance as solid. Analyst Commentary Street research on Toast has become more mixed, with most firms trimming price targets while still generally acknowledging solid Q4 execution.TOST: Restaurant Execution And New Installations Will Support Future Margin Expansion
Narrative Update on Toast The analyst price target for Toast has been trimmed slightly, based on research that balances expectations for solid near term results with concerns related to competition, valuation, and the expansion of the total addressable market. Analyst Commentary Recent research on Toast reflects a mixed setup, with some analysts highlighting execution strengths and others focusing on valuation and competitive pressures.Investors Give Toast, Inc. (NYSE:TOST) Shares A 25% Hiding
Feb 06
TOST: U S Restaurant Share Gains Will Support Future Margin Expansion
The analyst price target for Toast has been trimmed by about $1 to $46.63, as analysts weigh slightly softer modeled revenue growth and a lower future P/E against improved profit margin expectations and ongoing mixed signals from recent research updates. Analyst Commentary Recent research on Toast shows a mix of optimism around execution and margins, alongside caution on valuation, competition, and longer term growth assumptions.TOST: U S Restaurant Share Gains Will Support Future Fintech Pricing Power
Analysts have nudged their fair value estimate for Toast slightly higher to about US$47.75. This reflects updated views on growth, profitability and P/E assumptions after a mix of new initiations with Buy ratings and lower price targets that factor in competition, valuation and macro uncertainty.TOST: U S Restaurant Share Gains Will Drive Future Fintech Pricing Power
Analysts nudged their average price target on Toast slightly higher to the mid $40s, citing resilient recurring revenue growth, improving profitability, and conservative longer term guidance as supportive of modest upside despite a series of modest target cuts and ongoing macro uncertainty. Analyst Commentary Street research paints a nuanced picture for Toast, with most firms trimming price targets while still acknowledging strong execution and an attractive long term growth runway.TOST: U S Restaurant Market Share Gains Will Drive Sustained Upside Momentum
Analysts have revised their average price target for Toast downward by several dollars. The new expectations are now in the mid-$40s range, with analysts citing strong recent performance as well as increased caution over macro uncertainty and future earnings outlooks.TOST: Expansion Into New Restaurant Markets Will Drive Continued Momentum
Analysts have revised Toast's fair value estimate downward by approximately $1 to $47.35 per share. They cited strong recent results but also expressed caution regarding macroeconomic uncertainty and a more conservative long-term outlook.TOST: Expanded Restaurant Platform Reach Will Drive Long-Term Market Leadership
Analysts have slightly lowered their fair value price target for Toast to approximately $48.38, a modest decrease of $0.53. This adjustment reflects sustained market growth expectations, though recent caution around profit margins and sector-wide guidance concerns has also contributed to the change.Integrated Digital Payments And Automation Will Unlock Future Opportunities
The average analyst price target for Toast has been revised slightly lower, decreasing by $0.79 to $48.92. Analysts are factoring in moderated profit margin expectations along with ongoing growth opportunities highlighted in recent research.Integrated Digital Payments And Automation Will Unlock Future Opportunities
Analysts have slightly reduced their fair value price target for Toast to $49.71 from $50.54. They cite recent shifts in starter kit software pricing and ongoing competitive dynamics in the restaurant technology sector as reasons for the change.Integrated Digital Payments And Automation Will Unlock Future Opportunities
The Analyst Price Target for Toast rose notably from $44.64 to $49.38, primarily reflecting improved net profit margin, despite a slight deceleration in revenue growth forecasts. What's in the News American Express and Toast formed a multi-year strategic partnership to integrate their technologies, aiming to enhance personalized hospitality and guest experiences across their restaurant networks, including Resy, Tock, and Toast locations.Market Participants Recognise Toast, Inc.'s (NYSE:TOST) Revenues Pushing Shares 29% Higher
May 14
Investing In R&D And AI Will Open New Markets
Expanding into new segments and geographies is set to drive location growth and revenue expansion.Toast: Strong Foundations For Future Growth
Apr 16Toast: Low Market Sentiment And Recession Are Only An Opportunity
Apr 10Toast Has Fallen Far Enough, It's Time To Buy Back In (Upgrade)
Mar 06Toast: High Performing, But I Fear It's Overvalued
Feb 13Toast Is More Than Just A Point-Of-Sale Company -- That's Why It's A Buy
Feb 03Toast: Strong Cash Position, Weak Near-Term Confidence
Jan 17Toast: Hold Your Nose And Buy This Leader
Dec 27Toast: Profitability Doesn't Justify The Multiple (Rating Downgrade)
Dec 15Toast: Fantastic Performance, Terrible Price (Rating Downgrade)
Nov 24Toast Q3 Review: I'm Booking Profits After The 100%+ YTD Returns
Nov 08Toast: Shaping Up Into A Real Winner
Oct 24Toast: Excellent Execution Amid Potential Slowdown
Sep 04Toast: Widening Competitive Moat And Significant Growth Runway
Aug 01Toast: Perfectly Warm, But Needs More Butter
Jun 17Toast: Strong Q1 Earnings, Raising Price Target As Management Delivers
May 08Shareholder Returns
| TOST | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | 1.6% | 1.3% | 0.9% |
| 1Y | -18.8% | -9.3% | 28.2% |
Return vs Industry: TOST underperformed the US Diversified Financial industry which returned -9.3% over the past year.
Return vs Market: TOST underperformed the US Market which returned 28.2% over the past year.
Price Volatility
| TOST volatility | |
|---|---|
| TOST Average Weekly Movement | 6.6% |
| Diversified Financial Industry Average Movement | 6.4% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: TOST has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TOST's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 6,500 | Aman Narang | www.pos.toasttab.com |
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware.
Toast, Inc. Fundamentals Summary
| TOST fundamental statistics | |
|---|---|
| Market cap | US$16.88b |
| Earnings (TTM) | US$342.00m |
| Revenue (TTM) | US$6.15b |
49.3x
P/E Ratio2.7x
P/S RatioIs TOST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TOST income statement (TTM) | |
|---|---|
| Revenue | US$6.15b |
| Cost of Revenue | US$4.56b |
| Gross Profit | US$1.60b |
| Other Expenses | US$1.26b |
| Earnings | US$342.00m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 07, 2026
| Earnings per share (EPS) | 0.59 |
| Gross Margin | 25.97% |
| Net Profit Margin | 5.56% |
| Debt/Equity Ratio | 0% |
How did TOST perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 17:22 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Toast, Inc. is covered by 38 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Harshita Rawat | Bernstein |
| Andrew Bauch | BMO Capital Markets Equity Research |