In the closing of the recent trading day, Toast (TOST) stood at $31.53, denoting a -2.14% move from the preceding trading day.
Zacks.com users have recently been watching Toast (TOST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Toast is rated Buy due to strong earnings growth, raised FY2026 outlook, and a low FWD EV/Sales of 2.19x versus sector median. TOST reported 22% YoY growth in Locations and payment volume, with Q2 FY2026 revenue up 23% to $1.908B and operating income of $152M. Expansion into AI-driven products and new verticals like labor and marketing enhances TOST's monetization and retention opportunities, supporting the investment thesis.
| Transportation Infrastructure Industry | Industrials Sector | Aman Narang CEO | XMUN Exchange | US8887871080 ISIN |
| US Country | 6,500 Employees | - Last Dividend | - Last Split | 22 Sep 2021 IPO Date |
Toast, Inc. is a progressive technology company that focuses on crafting specialized digital solutions for the restaurant industry across the United States, Ireland, and India. With a commitment to innovation, Toast, Inc. has developed a comprehensive cloud-based platform aimed at enhancing restaurant operations through advanced software and hardware products. Initially known as Opti Systems, Inc., the company underwent a rebranding to Toast, Inc. in May 2012 and was established in 2011. The headquarters of Toast, Inc. are located in Boston, Massachusetts, signifying its strong presence and dedication to transforming the restaurant industry through technology.