Toast
TOST
Market cap $25.5B

44.14 USD

-0.53

1.19%

Updated May 20, 3:45 PM EDT

1 day

-1.19%

5 days

-0.18%

1 month

33.43%

3 months

9.64%

6 months

3.86%

Year to date

21.33%

1 year

63.72%

5 years

-29.39%

10 years

-29.39%

About: Toast is a US-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 134,000 restaurant locations across the United States as of December 2024. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform; it processed some $159 billion in gross platform volume in 2024. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.

Employees: 5,700

Technology Software - Infrastructure

0

Funds holding %

of 7,202 funds

0

Analysts bullish %

of 15 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

62% more repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 167

37% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 79

30% more call options, than puts

Call options by funds: $440M | Put options by funds: $338M

2% more funds holding

Funds holding: 621 [Q4 2024] → 636 (+15) [Q1 2025]

3.99% less ownership

Funds ownership: 88.38% [Q4 2024] → 84.39% (-3.99%) [Q1 2025]

9% less capital invested

Capital invested by funds: $15.2B [Q4 2024] → $13.8B (-$1.33B) [Q1 2025]

19% less funds holding in top 10

Funds holding in top 10: 16 [Q4 2024] → 13 (-3) [Q1 2025]

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$29

34%

downside

Avg. target

$43

4%

downside

High target

$50

13%

upside

15 analyst ratings

7 positive

47%

8 neutral

53%

0 negative

0%

BMO Capital Rufus Hone	2%upside $45	Outperform Maintained	12 May 2025
Morgan Stanley Josh Baer	13%upside $50	Overweight Maintained	9 May 2025
Wells Fargo Andrew Bauch	4%upside $46	Overweight Maintained	9 May 2025
Piper Sandler Clarke Jeffries	16%downside $37	Neutral Maintained	9 May 2025
DA Davidson Peter Heckmann	9%downside $40	Neutral Maintained	30 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 22 articles about TOST published over the past 30 days

Toast: Software Platform And AI Are Serving Up Sizzling Growth

Toast's cloud-based platform streamlines operations from POS to inventory and reservations. The fact that it is tailor made for the restaurant industry is a product competitive advantage. The company continues to improve its software making it more value adding and sticky. Its Menu Price Monitor and ToastIQ, leverages AI and Toast's unique data. The company had good Q1 2025 results as it added 6,000 net new locations and hit 24.3% revenue growth. Given its TAM, this revenue growth could continue on.

Toast: Software Platform And AI Are Serving Up Sizzling Growth

Toast's Inflection Point Could Send It To $60 -- Why I'm Long

I see a path to $60 per share by summer 2026, driven by resilient fundamentals and a focused, restaurant-specific product offering. I'm not ignoring the risks, but Toast's fundamentals are simply too strong to overlook right now. I see a realistic path to $600 million in FCF over the next year, which justifies today's valuation.

Toast's Inflection Point Could Send It To $60 -- Why I'm Long

Toast's Strong Growth, Expanding Margins, And Market Dominance Make It A Buy

Toast is transitioning from a point-of-sale provider to a full-stack restaurant operating system, making it indispensable to its customers. The company reported $1.34 billion in Q1 2025 revenue, a 24.4% increase, and achieved $56 million in net income, marking a major profitability milestone. Subscription revenue grew 38.4% to $209 million, reflecting Toast's successful pivot to high-margin, recurring SaaS revenue.

Toast's Strong Growth, Expanding Margins, And Market Dominance Make It A Buy

Toast: This Is Just The Beginning (Rating Upgrade)

I am upgrading Toast to 'buy' with a $54.3 price target, as the company continues to demonstrate sustained growth and operating leverage despite near-term macro headwinds. Q1 FY25 saw strong revenue and profit growth, driven by high-margin Subscription Services and disciplined cost control, with free cash flow outpacing EPS. Momentum in the US market, major enterprise wins like Applebee's, and AI innovation are expanding Toast's TAM and deepening customer adoption.

Toast: This Is Just The Beginning (Rating Upgrade)

The Motley Fool

2 Breakout Growth Stocks to Buy and Hold for the Next 10 Years

Stocks that are hitting new highs, especially on top of growing demand for their products, can signal a long-term winner. The following growth stocks pulled back along with the market sell-off this year before strong first-quarter earnings results sent them to new highs.

2 Breakout Growth Stocks to Buy and Hold for the Next 10 Years

The Motley Fool

Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term

The median household income in the U.S. was just over $80,000 in 2023, according to the Census Bureau. It's probably still right around that level in 2025.

Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term

Zacks Investment Research

Toast, Inc. (TOST) Is a Trending Stock: Facts to Know Before Betting on It

Toast (TOST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Toast, Inc. (TOST) Is a Trending Stock: Facts to Know Before Betting on It

CNBC Television

Trade Tracker: Josh Brown buys more Toast

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying more Toast.

Trade Tracker: Josh Brown buys more Toast

Toast Launches Menu Price Monitor, Offering Insights into Restaurant Pricing Trends

BOSTON--(BUSINESS WIRE)--Toast launches menu price monitor, offering insights into restaurant pricing trends.

Toast Launches Menu Price Monitor, Offering Insights into Restaurant Pricing Trends

Investors Business Daily

Restaurant Software Maker Toast Breaking Out On Strong Business Trends

Toast stock is breaking out on strong underlying business trends, even though restaurant software missed Q1 views.

Restaurant Software Maker Toast Breaking Out On Strong Business Trends

See News Rankings

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