TOST Stock Recent News

In the closing of the recent trading day, Toast (TOST) stood at $23.07, denoting a -0.52% change from the preceding trading day.

Toast possesses switching costs and a data advantage. Revenue should continue rising at a rapid rate in the years ahead.

The downside prediction comes despite a recent price target bump. A prognosticator from a top U.S. bank remains skeptical about the restaurant management software specialist's prospects.

Toast stock has seen a 72% bounce from last November's low. The company's sophisticated, all-in-one software solutions streamline restaurant management, from payments to inventory.

Toast is reporting high growth and improving profitability. It's working on generating growth through upselling, adding new locations, and pricing action.

Walt Disney streaming service Disney+ is expected to become profitable this year. Toast's simple model adds tremendous value to its many restaurant clients.

Toast has a solid history of innovating in the restaurant tech space. The company has a long runway for future growth.

While Michael Burry undoubtedly pulled off one of the most masterful stock market maneuvers during the 2008 crisis with his ‘Big Short,' Burry's performance since has been checkered, albeit leaning toward successful.

Toast's stock looks dramatically undervalued, trading 66% below its all-time high at just 3.3 times trailing sales. The addition of Caribou Coffee to Toast's client roster suggests that more big-name partnerships might follow.

Toast is a cloud-based platform for the restaurant industry that has climbed 34% since my initial "Buy" rating, with further upside ahead. The Company is gaining traction in new restaurant locations and expanding internationally, with 43% of customers using six or more product modules, with subscription revenue growing at the fastest pace. TOST continues to grow its margins, and while macroeconomic uncertainty remains, the company's stock is well positioned to see further upside.