TOST Stock Recent News

Toast Inc.'s stock initially jumped 16% before cooling in after-hours trading Thursday after the company posted strong quarterly sales.

Here is how Toast (TOST) and Turtle Beach (HEAR) have performed compared to their sector so far this year.

Toast's stock has surged 38% in less than three months, sparking interest among some investors and price-based concerns for others. The company is disrupting the restaurant management market with its comprehensive, all-in-one software platform.

Toast (TOST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Restaurant management software specialist Toast (NYSE: TOST ) — which provides software and hardware solutions to help restaurants streamline their operations and improve guest experiences — saw its market value pop on Wednesday. Earlier, Redburn Atlantic upgraded its assessment of the company, citing “underappreciated pricing power.

Toast is growing revenue and payment volume in the double digits. Chewy is expanding into Canada, which could become a significant market for the e-commerce company.

Toast's in-demand products and services have resulted in tremendous growth. High switching costs for customers help Toast protect itself from competition.

Toast's stock has outperformed the S&P 500 recently, showing a promising uptrend in less than three months. However, the stock price is still way down from earlier highs.

Toast has nearly 100,000 restaurants in the U.S. using its platform, but there remains a large growth opportunity. The company's growth isn't cheap when factoring in loss-leading hardware and pricey marketing.

Toast says that once it reaches a certain market share, it's easier (and cheaper) to win new business. Management has pointed out that it can lower its expenses and raise its prices.