Lauri Patterson/E+ via Getty Images Introduction & Investment Thesis I initiated a Buy rating on Toast (NYSE:TOST) on January 17, 2024. Since then, the stock has climbed 34%. My buy thesis was predicated on my belief that the company should continue to see deeper market penetration as it successfully drives adoption of its product modules in restaurant locations in the US. At the same time, I was also impressed by the management's discipline to streamline operational efficiencies. The company announced its ...

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q4 2023 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through an analysis of aggregated data from selected cohorts of restaurants and in select U.S. metropolitan areas on the Toast platform, which serves approximately 106,000 restaurant locations as of December 31, 2023. Read more details about our methodology below. This report looks i ...

Shares of Toast (TOST 4.29%) gained a tasty 29.4% in February 2024, according to data from S&P Global Market Intelligence. The provider of cloud-based tools and supporting hardware for restaurant management services erased about five months of bearish market action by means of a fantastic earnings report.Analyzing Toast's holiday quarter by the numbersToast's stellar gains hinged on its fourth-quarter earnings report on Feb. 15, which inspired a 17% price gain the next day.The average Wall Street analyst ha ...

Schaeffer's Weekend Trader subscribers are already seeing profits in March. In fact, they saw a 100% gain in just one week with our Toast Inc (NYSE:TOST) April 20 call recommendation. Below, we will further explore how our traders knew this would be a winning play.At the time of our recommendation on Friday, Feb. 25, the shares were trading above the $20 region, which was half their initial public offering (IPO) price of $40 back in 2021. Toast stock had also gapped to multi-month highs after its quarterly ...

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. ...