TOST Stock Recent News

Growth remains the key story for this business, as revenue soared 31% in Q1. This business has yet to be profitable, but it is developing an economic moat.

Toast appears to have lots of organic customer growth right now, which helps profitability. The company offers profit-boosting subscription products to customers.

Fintech stocks to buy have been a recent favorite of growth investors. Why? The traditional finance system is long overdue for an overhaul and there are plenty of startup fintech companies that are ready to make a change.

Should traders remain bullish with the current macro environment? Tom Plumb says that a good sustainable business plan, good people, disciplined allocation of capital, high return on capital, and profit margins that reflect disciplined execution in markets, are where your value-added is rewarded.

Does Toast (TOST) have what it takes to be a top stock pick for momentum investors? Let's find out.

Toast reported strong Q1 results, with its annual recurring revenue climbing 32%. It has a long runway in front of it, being in only 13% of U.S. restaurant locations.

The stock soared 15.1% following a robust first-quarter earnings report. The company reported revenue of $1.08 billion, beating Wall Street's expectations with a 31% year-over-year increase.

Toast's (TOST) first-quarter 2024 results benefit from expansion in locations, higher gross payment volume and strong growth in recurring revenues.

Toast (TOST) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.16 per share a year ago.

Toast (TOST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).