Toast, Inc. (TOST)

NYSE: TOST · IEX Real-Time Price · USD
21.09
+0.21 (1.01%)
At close: Feb 23, 2024, 4:00 PM
21.06
-0.03 (-0.14%)
After-hours: Feb 23, 2024, 7:45 PM EST
1.01%
Market Cap 11.45B
Revenue (ttm) 3.60B
Net Income (ttm) -310.00M
Shares Out 543.00M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,476,831
Open 20.86
Previous Close 20.88
Day's Range 20.57 - 21.44
52-Week Range 13.77 - 27.00
Beta 1.65
Analysts Buy
Price Target 21.32 (+1.09%)
Earnings Date Feb 15, 2024

About TOST

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast POS, a software module that integrates payment processing with point of sale functionality; Toast Invoicing that allows restaurants to send invoices and collect payment; Toast Mobile Order & Pay, which allows guests to scan a QR code to browse the menu, order, and pay from mobile; Kitchen Display System software that connects the house with the kitchen staff; and Multi-Location Management, a tool ... [Read more]

Sector Technology
IPO Date Sep 22, 2021
Employees 4,500
Stock Exchange NYSE
Ticker Symbol TOST
Full Company Profile

Financial Performance

In 2022, Toast's revenue was $2.73 billion, an increase of 60.18% compared to the previous year's $1.71 billion. Losses were -$275.00 million, -43.53% less than in 2021.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for TOST stock is "Buy." The 12-month stock price forecast is $21.32, which is an increase of 1.09% from the latest price.

Price Target
$21.32
(1.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

As Toast Trims Staff and Growth Slows, Subscription Revenues Gain 49%

Toast's latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed. As reported Thursday (Feb...

10 days ago - PYMNTS

Toast will lay off 10% of its workforce, about 550 employees, as growth slows

Toast said it would lay off 550 employees, resulting in $45 million to $55 million charges, mostly in the first quarter.

10 days ago - CNBC

Toast to Cut About 550 Employees in Restructuring

The Boston-based company, which creates software for restaurants, will also reorganize certain facilities and operations.

10 days ago - WSJ

Toast's stock heats up on sales jump

Toast Inc.'s stock initially jumped 16% before cooling in after-hours trading Thursday after the company posted strong quarterly sales.

10 days ago - Market Watch

Toast Announces Fourth Quarter and Full Year 2023 Financial Results

BOSTON--(BUSINESS WIRE)--Toast Announces Fourth Quarter and Full Year 2023 Financial Results.

10 days ago - Business Wire

Toast Announces Release Date Of Fourth Quarter and Full Year 2023 Financial Results

BOSTON--(BUSINESS WIRE)--Toast Announces Release Date Of Fourth Quarter and Full Year 2023 Financial Results.

24 days ago - Business Wire

Final Trades: Toast, General Motors, Hercules Capital and JEPI

“Halftime Report” Investment Committee members, Josh Brown, Jenny Harrington, Jim Lebenthal and Bryn Talkington give their top picks to watch for the second half.

Other symbols: GMHTGCJEPI
4 weeks ago - CNBC Television

Toast stock is trading at a discount: Goldman Sachs

Toast Inc (NYSE: TOST) has already gained 35% over the past two months but a Goldman Sachs analyst is convinced it's not done pleasing its shareholders just yet. Toast stock could climb another 25% Wi...

6 weeks ago - Invezz

How 15 of Our Stock Picks Fared in 2023

Taking stock of our winners, losers and also-rans, including Ferrari, Frontier Communications, and Walt Disney.

2 months ago - Barrons

Final Trades: Fortinet, Toast, Mercado Libre, and Aptiv

The 'Halftime Report' Investment Committee shares their top picks to watch for the second half.

Other symbols: APTVFTNTMELI
2 months ago - CNBC Television

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

2 months ago - GlobeNewsWire

PayPal, Toast shares hit with downgrades — but other payments picks have shine

PayPal Holdings Inc. shares are on track to suffer their third down year in a row, but BofA Securities analyst Jason Kupferberg doesn't see an easy return to their former glory.

Other symbols: PYPL
2 months ago - Market Watch

Toast Announces Participation at the UBS Conference

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the UBS Conference in Scottsdale, AZ ...

3 months ago - Business Wire

Toast's stock got burnt this week, but this bull says it could rise 30% from here

Baird analyst David Koning upgraded the stock to outperform from neutral Friday, writing that the restaurant-technology name looks appealing despite a number of trends that spooked investors coming ou...

3 months ago - Market Watch

Toast Stock Is Dropping. Here's What Wall Street Thinks.

Toast narrowed guidance for its full-year revenue, but Wall Street is cautious on the outlook for the cloud-based platform for restaurants.

3 months ago - Barrons

Toast's stock crumbles after earnings, with outlook change deemed ‘disappointing'

Shares of Toast Inc. were getting singed in Tuesday's extended session after the maker of software and payments tools for the restaurant industry slightly lowered the upper range of its full-year reve...

3 months ago - Market Watch

Toast Announces Third Quarter 2023 Financial Results

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2023. “Toast d...

3 months ago - Business Wire

Toast Takes Restaurant Management Mobile With ‘Toast Now'

Toast debuted a mobile app that lets restaurateurs manage their eateries on the go. Toast Now is part of a larger product rollout by the restaurant technology company that includes upgrades to its poi...

4 months ago - PYMNTS

2 tech stocks insisting the hospitality industry is still strong

The post-pandemic pent-up demand generated travel boom may be starting to normalize based on recent data from the airlines. Airlines have cut forecasts but insist demand is still there.

Other symbols: AGYS
4 months ago - MarketBeat

Toast Announces Release Date Of Third Quarter 2023 Financial Results

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced that it will release financial results for the third quarter ended Septem...

4 months ago - Business Wire

Wall Street just revealed a surprising new potential winner and loser of the Ozempic craze

The rise of GLP-1 drugs like Ozempic, Wegovy, and Mounjaro could have wide-ranging impacts on the economy. Now, Wall Street is highlighting stocks that could be potential winners and losers from the r...

Other symbols: UAL
5 months ago - Business Insider

New weight loss drugs could mean a $25 billion drag on restaurants by 2025, says Mizuho's Dan Dolev

Matt Taylor, Jefferies analyst, and Dan Dolev, managing director at Mizuho Securities, join 'The Exchange' to discuss how new weight loss drugs could decline revenue for restaurant transaction platfor...

Other symbols: PODD
5 months ago - CNBC Television

This bargain-hunting fund manager is finding value in PayPal and other fintech stocks

The world of internet memes reminds me of financial bubbles. The Harlem Shake Meme was video craze in 2013 where groups would dance to “Harlem Shake” by Baauer.

Other symbols: PYPLNVEIADYEYFOURSQ
5 months ago - Market Watch

Toast for Cafes & Bakeries: New Innovation to Add Revenue Streams and Speed Up Service

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced the launch of Toast for Cafes & Bakeries—a new solution designed to help cafes, c...

5 months ago - Business Wire

Block shares lack upside, says UBS — but this rival stock could be a winner

Block Inc. shares have lagged the broader market this year, and a UBS analyst doubts there's much upside ahead for the payment-technology name.

Other symbols: SQ
6 months ago - Market Watch