Toast, Inc. (TOST)

Toast Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, Toast stock has a consensus rating of "Buy" and an average price target of $33.96. The average 1-year stock price forecast is 46.63% higher than the current stock price, while the lowest is $26 (+12.26%) and the highest is $45 (+94.30%).

Price Target: $33.96 (+46.63%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$26	$33.96	$35	$45
Change	+12.26%	+46.63%	+51.12%	+94.30%

Analyst Ratings

The average analyst rating for Toast stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	7	7	7	7	7	7
Buy	8	8	9	9	8	7
Hold	7	8	8	8	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	23	24	24	22	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Heckmann DA Davidson	DA Davidson	Hold Maintains $33 → $28	Hold	Maintains	$33 → $28	+20.90%	May 12, 2026
Matthew Coad Truist Securities	Truist Securities	Strong Buy Maintains $36 → $30	Strong Buy	Maintains	$36 → $30	+29.53%	May 12, 2026
Dan Dolev Mizuho	Mizuho	Buy Maintains $45 → $38	Buy	Maintains	$45 → $38	+64.08%	May 12, 2026
Dominic Ball Rothschild & Co	Rothschild & Co	Strong Buy → Hold Downgrades $35	Strong Buy → Hold	Downgrades	$35	+51.12%	May 12, 2026
Timothy Chiodo UBS	UBS	Strong Buy Maintains $40 → $34	Strong Buy	Maintains	$40 → $34	+46.80%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.54B

Increased by 22.51%

from 6.15B

Revenue Next Year

8.90B

Increased by 18.03%

from 7.54B

EPS This Year

0.85

Increased by 52.14%

from 0.56

EPS Next Year

1.16

Increased by 36.05%

from 0.85

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.71B	2.73B	3.87B	4.96B	6.15B	7.54B	8.90B
Revenue Growth	107.17%	60.18%	41.52%	28.33%	24.05%	22.51%	18.03%
EPS	-1.68	-0.72	-0.47	0.03	0.56	0.85	1.16
EPS Growth	-	-	-	-	1,637.23%	52.14%	36.05%
Forward PE	-	-	-	-	-	27.26	20.03
No. Analysts	-	-	-	-	-	31	31

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	7.9B	9.5B
Avg	7.5B	8.9B
Low	7.0B	8.1B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	28.8%	26.5%
Avg	22.5%	18.0%
Low	13.4%	7.1%

EPS Forecast

EPS	2026	2027	2028	2029
High	1.01	1.74
Avg	0.85	1.16
Low	0.50	0.74

EPS Growth

EPS Growth	2026	2027	2028	2029
High	80.5%	105.1%
Avg	52.1%	36.1%
Low	-10.5%	-13.5%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.