Toast (TOST 4.32%) is seeing growing demand for its cloud-based technology platform for the restaurant industry. The market is noticing this, and the stock price rallied sharply this year, up 34% year to date.While there are mixed opinions on the stock on Wall Street, analysts at Evercore ISI Group recently weighed in with an outperform (buy) rating and a $32 price target, representing a potential upside in the near term of 31%. Here's why Evercore might be right.Why buy Toast stockThe mixed views on Toast' ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40819 TOAST, INC. (Exact name of registrant as specified in its charter) Delaware 45-4168768 (State or other juris ...

If you're in the restaurant business, you may well have heard of Toast (TOST -4.73%). The company provides a range of software-as-a-service products and financial solutions for restaurants. The goal: allowing owners and operators to better manage their locations via a digital toolkit that allows for smooth functioning and minimal disruption. In other words, Toast aims to be a restaurant's all-in-one operating system. However, the growth tech stock hasn't really taken very good care of its shareholders. It's ...

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States. In addition to Toast point-of-sale (POS) terminals, Caribou Coffee will use Toast Payments, Kitchen Display Systems (KDS), and Multi-Location Management. Caribou Coffee has made significant progress in its retail expansion plan through company-owned developme ...

Toast (TOST) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TOST broke through the 200-day moving average, which suggests a long-term bullish trend.The 200-day simple moving average is widely-used by traders and analysts, and helps establish market trends for stocks, commodities, indexes, and other financial instruments over the long term. The indicator moves higher or lower together with longer-term price moves, serving as a support or re ...

In this video, I will be talking about Toast (TOST 16.77%), the recent earnings report, and why I still believe that holding Block makes more sense.*Stock prices used were from the trading day of Feb. 16, 2024. The video was published on Feb. 16, 2024. ...

Toast (TOST 15.96%) stock is posting big gains Friday trading. The fintech company's share price was up 15.3% as of 2 p.m. ET, according to data from S&P Global Market Intelligence.Toast stock is gaining ground following the publication of the company's fourth-quarter earnings results. While the company's sales for the period fell short of the market's target, earnings came in better than expected. The company also announced it would be reducing expenses by trimming its workforce.Sales and margins were stro ...

Toast Inc (NYSE:TOST) stock is up 15.2% at $22.16 at last check, after the software company beat fourth-quarter expectations and announced it will lay off 550 workers. No fewer than seven brokerages hiked their price objectives in response, including Needham to $26 from $20. Analysts are mostly skeptical toward TOST, with 12 of the 22 still calling it a tepid "hold," while the 12-month consensus target price of $21.74 is still a 1.7% discount to current levels. This means there is still room for additional ...

Toast, Inc. (NYSE:TOST) Q4 2023 Earnings Conference Call February 15, 2024 5:00 PM ET Aman Narang - CEO Will Nance - Goldman Sachs Dave Koning - Baird Josh Baer - Morgan Stanley Good afternoon. My name is Kate and I will be your conference operator today. At this time, I would like to welcome everyone to the Toast Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Than ...

Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed.As reported Thursday (Feb. 15) after the markets closed, the company said it was trimming 550 positions.CEO Aman Narang said on the call that staffing cuts came because the company grew its team “too quickly” in some areas.Investors sent the shares 1% higher after hours. Delving into the company’s results, the CEO said the company added ...