Toast, Inc. TOST
- Market cap
- $17.6B
- P/E
- 36.9×
Follow TOST
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | 30.69 | 11.91 | 13.77 | 16.13 | 28.12 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | 69.93 | 35.55 | 27.00 | 44.12 | 49.66 |
High Price
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|||
| — | — | — | — | 2,200 | 3,172 | 4,500 | 5,500 | 5,700 | 6,500 |
Employees
|
|||
| — | — | — | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| — | — | — | 665 | 823 | 1,705 | 2,731 | 3,865 | 4,960 | 6,153 |
Revenue
|
|||
| — | — | — | 9.32% | 17.01% | 18.42% | 18.71% | 21.58% | 23.99% | 25.89% |
Gross Margin
|
|||
| — | — | — | (212) | (248) | (490) | (277) | (244) | 22 | 346 |
EBT
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| — | — | — | (31.88%) | (30.13%) | (28.74%) | (10.14%) | (6.31%) | 0.44% | 5.62% |
EBT Margin
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|||
| — | 0 | — | (209) | (248) | (487) | (275) | (246) | 19 | 342 |
Net Income
|
|||
| — | — | — | 7 | 42 | 51 | 68 | 94 | 128 | 163 |
Depreciation
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|||
| — | — | — | 3.41 | 4.12 | 5.88 | 5.33 | 7.27 | 8.87 | 10.57 |
Revenue/Sh
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| — | — | — | (1.07) | (1.24) | (1.68) | (0.54) | (0.46) | 0.03 | 0.59 |
Earnings/Sh
|
|||
| — | — | — | (0.65) | (0.63) | 0.01 | (0.30) | 0.25 | 0.64 | 1.14 |
Cash Flow/Sh
|
|||
| — | — | — | (0.08) | (0.18) | (0.07) | (0.06) | (0.08) | (0.10) | (0.09) |
Capex/Sh
|
|||
| — | — | — | (0.72) | (0.81) | (0.06) | (0.37) | 0.17 | 0.55 | 1.04 |
Free CF/Sh
|
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| — | — | — | 0.60 | 1.89 | 3.76 | 2.14 | 2.24 | 2.76 | 3.65 |
Book Value/Sh
|
|||
| — | — | — | 195 | 200 | 290 | 512 | 532 | 559 | 582 |
Shares
|
|||
| — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 911.25 | 60.19 |
PE Ratio
|
|||
| — | — | — | 11.15 | 11.15 | 5.90 | 3.29 | 2.49 | 4.11 | 3.36 |
PS Ratio
|
|||
| — | — | — | 0.00 | 0.00 | 9.23 | 8.18 | 8.05 | 13.19 | 9.73 |
PB Ratio
|
|||
| — | — | — | 10.83 | 10.83 | 5.16 | 2.92 | 2.20 | 3.82 | 3.04 |
EV/Sales
|
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| — | — | — | (105.69) | (105.69) | (517.64) | (42.14) | 91.22 | 61.96 | 30.72 |
EV/FCF
|
|||
| — | — | — | (126) | (125) | 2 | (156) | 135 | 360 | 661 |
Op' Cash Flow
|
|||
| — | — | — | (15) | (36) | (19) | (33) | (42) | (54) | (53) |
Capex
|
|||
| — | — | — | (141) | (161) | (17) | (189) | 93 | 306 | 608 |
FCF
|
|||
| — | — | — | 89 | 537 | 1,133 | 911 | 907 | 1,164 | 1,700 |
Working Cap'
|
|||
| — | — | — | 447 | 172 | 77 | 80 | — | — | — |
Total Debt
|
|||
| — | — | — | 297 | (410) | (1,189) | (941) | (1,124) | (1,417) | (1,991) |
Net Debt
|
|||
| — | — | — | 116 | 378 | 1,091 | 1,098 | 1,194 | 1,545 | 2,124 |
Sh' Equity
|
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| — | — | — | (136.72%) | (46.04%) | (38.79%) | (15.73%) | (13.23%) | 0.87% | 12.32% |
ROA
|
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| — | — | — | (32.25%) | 0.00% | 0.00% | (152.87%) | (256.25%) | 7.81% | 137.22% |
ROIC
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|||
| — | — | — | 52.18% | 62.14% | (157.10%) | (25.13%) | (21.47%) | 1.39% | 18.64% |
ROE
|
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Toast, Inc. peers in Software Infrastructure
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|---|---|---|---|
| KSPI Joint Stock Company Kaspi.kz Sponsored ADR | $17.8B | 8.7× | Compare |
| NTNX Nutanix | $18.5B | 12.2× | Compare |
| DOCN DigitalOcean Holdings, Inc. | $16.7B | 55.2× | Compare |
| AKAM Akamai Technologies, Inc. | $19.2B | 40.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GEN Gen Digital Inc. | $14.0B | 12.4× | Compare |
| CHKP Check Point Software Technologies Ltd. | $13.9B | 13.3× | Compare |
| GPN Global Payments Inc. | $22.6B | 0.0× | Compare |
| IOT Samsara Inc. | $23.1B | 232× | Compare |
Toast, Inc. (TOST) key facts
- Toast, Inc. (TOST) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
- Toast, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 24.1% from fiscal 2024.
- Net income was $342.0 million, or $0.59 per share (basic), a net margin of 5.56%.
- As of September 25, 2026, TOST traded at $30.60, a market capitalization of $17.6 billion.
- At that price the stock trades at 36.9× trailing-twelve-month earnings and 2.6× sales.
- Return on equity was 18.6% and debt-to-equity 0.00.
Toast, Inc. (TOST) Latest News
24 Sep
Toast (TOST) rose 1.01% to $30.11 in the latest session, outperforming the S&P 500 (-0.03) and Dow (-0.31) but still down 19.37% over the past month. The restaurant software provider faces upcoming earnings, projected to be $0.37 per share (up 48% year over year) on revenue of about $1.96 billion for the quarter. Full-year estimates call for $1.41 per share and $7.44 billion in revenue, up roughly 58% and 21%, respectively. Zacks ranks Toast at #3 Hold, with a forward P/E around 21.18, above the industry avg of 19.86. The article notes that analyst estimate revisions can reflect near-term business trends and that Toast sits in the Internet - Software industry with a Zacks Industry Rank of 94. Positive earnings expectations and revisions could moderately influence near-term stock sentiment without signaling a fundamental long-term change.
23 Sep
Toast, Inc. (TOST) carries an average brokerage recommendation (ABR) of 1.72 from 32 firms, with 20 Strong Buys and one Buy, signaling Wall Street optimism. However, the piece cautions broker ratings often reflect vested interests and have limited power to predict big price gains. ABR is suggested as a validator of your own research or a cross-check against other signals. The article contrasts ABR with the Zacks Rank, based on earnings estimate revisions; Toast sits at Zacks Rank #3 (Hold) with the current-year consensus unchanged at $1.41. It argues ABR could be overly optimistic and that Zacks Rank provides a timelier, data-driven read on near-term moves. Investors are advised to be cautious with Buy-like ABR signals and to weigh earnings-revision signals as well. ABR signals optimism while Zacks Rank indicates a Hold, suggesting a balanced but not decisive near-term outlook.
20 Sep
Toast is expanding operations to 330 locations while its stock remains potentially undervalued. 330-location rollout may moderately affect operational scale and costs without altering overall trajectory.
16 Sep
Kung Fu Tea selects Toast to manage operations and handle peak volume across more than 300 locations. New multi-location contract adds revenue and customer footprint but does not transform company trajectory.
4 Sep
Toast (TOST) stock receives a fair value boost after Q2 results produce split analyst views. Q2 performance triggers divided analyst opinions and a fair value increase affecting near-term sentiment.
3 Sep
Toast beats Q2 expectations and raises its full-year outlook, reviving the case for undervalued shares. Q2 beat and raised outlook signal stronger financial trajectory and renewed growth momentum for Toast.
Toast (TOST) appears to be shifting its investment narrative toward recurring profits and AI integration as core growth drivers. Emphasis on recurring profit and AI points to major strategic repositioning that can materially affect valuation and long-term trajectory.
2 Sep
Wall Street analysts upgraded Sirius XM while downgrading Toast Inc. (TOST). Analyst downgrade on TOST may pressure share price and short-term market sentiment.
26 Aug
Toast (TOST) restaurant platform continues expanding, raising prospects for sustained stock price increases as more establishments adopt its services. Platform expansion by Toast stands to enhance its competitive standing and revenue streams in restaurant technology.
U.S. restaurants tackle inflation, labor shortages, AI adoption and revenue growth strategies according to the 2026 Voice of the Restaurant Industry Survey. Survey covers industry trends in AI and operations that influence Toast customer base and product priorities.
19 Aug
Block's Square expands OpenTable partnership to integrate more services for restaurants, seeking higher adoption rates in a competitive market that includes Toast. Square's OpenTable tie-up strengthens competitor positioning in restaurant tech and payments, creating moderate pressure on Toast's market trajectory.
17 Aug
Toast advances AI integration in food ordering systems to reshape restaurant operations and industry standards. AI-driven ordering initiatives signal major strategic positioning that could significantly shift Toast's market trajectory.
Toast secures new partnership wins prompting assessment of whether its shares trade above fair value. New partnerships may improve Toast revenue and competitive position without guaranteeing major long-term shifts.
12 Aug
Toast Inc. held its Q2 earnings call where analysts raised five key questions on growth initiatives, margin trends, competitive positioning, and expansion plans that shape near-term strategy. Analyst questions from the earnings call can influence short-term sentiment and highlight operational priorities without fundamentally shifting company trajectory.
11 Aug
Toast (TOST) released its Q2 2026 earnings call transcript covering financial results, executive commentary, and forward guidance. Q2 earnings transcript supplies core financial metrics and strategy updates that routinely drive TOST valuation and trading volume.
10 Aug
Adyen expands global partnership with Toast into the U.S. Partnership expansion into the U.S. moderately enhances Toast's market reach and service offerings.
9 Aug
Toast reports revenue surge amid AI initiatives, prompting assessment of its stock as potential bargain investment with effects on future growth and market positioning. Revenue surge tied to AI developments can moderately lift financial outlook and investor sentiment without guaranteed long-term trajectory shift.
Toast reported Q2 results via earnings call, highlighting revenue growth, margin expansion, and restaurant customer additions amid ongoing platform investments. Quarterly earnings updates typically produce moderate effects on near-term stock movement through revised guidance and operational metrics.
6 Aug
Toast (TOST) beat Q2 estimates and raised guidance, raising questions on whether its valuation has run ahead. Q2 beat and raised guidance indicate stronger financial results that can shift company trajectory and investor views.
Toast shares rose 6.7% after announcements of AI integrations, a Google partnership, and hotel collaborations. AI, Google, and hotel partnerships mark major strategic moves that could significantly shift Toast's growth trajectory and investor outlook.
Shift4 reported a 34% increase in Q2 revenue and revised its 2026 outlook. Shift4's revenue surge strengthens a direct competitor in restaurant payments and may pressure Toast's market position.
Toast launches AI-powered ordering integrated directly with Google Maps for restaurant customers. Google Maps integration expands Toast's customer acquisition channels and highlights AI capabilities but remains one product feature among many.
5 Aug
Toast Inc.'s Q2 earnings call emphasized AI-led reinvestment as central strategy. AI reinvestment focus signals major strategic shift likely to boost long-term growth.
Toast Inc reported record location additions and AI momentum driving growth in its Q2 2026 earnings call. Record location adds combined with AI momentum signal major expansion and competitive shifts for Toast.
BWH Hotels names Toast an endorsed POS provider to improve guest and hotel experiences across North America. Endorsement expands Toast POS use in hotels and may lift revenue in hospitality segment.
4 Aug
Toast, Inc. (TOST) released second quarter 2026 financial results. Quarterly earnings directly shape Toast's valuation, investor sentiment and near-term stock trajectory.
Toast (TOST) Q2 earnings compared to estimates on key metrics. Q2 earnings metrics versus estimates affect near-term financial views but lack signs of major strategic change.
Toast Inc. (TOST) Q2 earnings and revenues exceeded analyst estimates. Earnings and revenue beats typically produce moderate short-term stock movement without altering long-term trajectory.
Toast reported Q2 CY2026 sales exceeding expectations. Q2 sales beat signals better-than-expected results that may lift near-term sentiment but does not alter long-term trajectory.
3 Aug
Toast (TOST) prepares to release Q2 earnings with key preview information provided to investors ahead of the announcement. Q2 earnings preview can shift near-term market expectations and TOST stock movement without altering long-term company trajectory.