Toast Stock Up 22% YTD: Does the Rally Have More Room to Run?

Key Takeaways TOST's shares are up 22% YTD, outpacing key benchmarks and nearing their 52-week high of $46.57. Toast grew customer locations 25% YoY, posted $69M in free cash flow and raised its 2025 EBITDA outlook. Declining GPV per location, high valuation and macro headwinds pose near-term challenges for TOST.Toast, Inc.’s (TOST) shares have gained 21.6% year to date, outperforming the Internet Software market and the Zacks Computer & Technology sector’s growth of 14.6% and 8.4%, respectively. The S&P ...