Toast, Inc. operates a cloud-based technology platform for the restaurant industry in the United States and Ireland. It offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader that supports NFC, EMV, and MSR payments. The company also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF by Toast, a restaurant-specific invoice management software; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, it offers Toast Online Ordering & Toast TakeOut app, a software that connects online channels, point of sale, menu management, and kitchen operations in real-time; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, the company provides loyalty programs and branded gifts; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.
IPO Year: 2021
Exchange: NYSE
Website: pos.toasttab.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $45.00 | Outperform | BMO Capital Markets |
| 12/5/2024 | $44.00 → $38.00 | Buy → Neutral | DA Davidson |
| 12/2/2024 | $45.00 | Buy → Neutral | Goldman |
| 11/20/2024 | $49.00 | Buy | Compass Point |
| 11/20/2024 | $37.00 | Outperform → Neutral | Exane BNP Paribas |
| 9/27/2024 | $33.00 | Buy | Cleveland Research |
| 7/18/2024 | $21.00 → $33.00 | Neutral → Outperform | Mizuho |
| 5/24/2024 | $30.00 | Outperform | Wedbush |
| 5/21/2024 | $28.00 | Outperform → Neutral | Robert W. Baird |
| 4/9/2024 | $25.00 | Mkt Perform | Keefe Bruyette |
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
4 - Toast, Inc. (0001650164) (Issuer)
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Company showcases complete retail offerings for convenience stores, bottle shops, and grocers Toast (NYSE:TOST), the digital technology platform purpose-built for hospitality, is deepening its commitment to convenience stores, bottle shops, and grocers in 2025, kicking off the year by showcasing its comprehensive food and beverage retail solution at the National Retail Federation Show in New York City. Toast Retail is designed to enable convenience stores, bottle shops, and grocery stores to operate faster and more efficiently, modernize inventory management, and create delightful guest experiences. This press release features multimedia. View the full release here: https://www.businessw
In partnership with Matheson, Sophia Roe, and other culinary visionaries, Toast celebrates the heart and soul of restaurants—the people and tools that transform everyday moments into unforgettable dining experiences Running a restaurant means mastering the little things—because in this industry, where success is often determined by the smallest of margins, every detail counts. Today, Toast (NYSE:TOST) launched "It's the Little Things," a campaign rooted in Toast's deep understanding of the restaurant industry, and the company's commitment to helping restaurants succeed on their terms. This press release features multimedia. View the full release here: https://www.businesswire.com/news/ho
The Q3 2024 Restaurant Trends report examines shifts in reservation trends, food and alcohol price increases, and tipping and wage data for full-service restaurants. Toast (NYSE:TOST), the all-in-one digital platform built for restaurants, today announced its Q3 2024 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. cities on the Toast platform, which serves approximately 127,000 restaurant locations as of September 30, 2024. Read more details about our methodology below. Key takeaways: Reservations on the Toast platform increased 11% on Mond
Toast (NYSE:TOST), the all-in-one technology platform built for restaurants, and Uber Technologies, Inc. (NYSE:UBER) are excited to announce an expanded partnership, giving restaurants increased choice, and their guests more ways to get their favorite foods delivered to their door while helping restaurants reduce costs and expand their reach. The new integration between Toast Delivery Services and Uber Direct will allow restaurants across the U.S. to save on delivery fees, expand their delivery radius, and leverage Uber's extensive delivery network to offer local delivery of orders made by phone and through Toast digital ordering channels, including Online Ordering, Branded Mobile App, an
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the UBS Global Technology Conference in Scottsdale, AZ on Wednesday, December 4, 2024 at 8:55 a.m. MST. A webcast of the company presentation will be available on Toast's Investor Relations website at https://investors.toasttab.com/overview/. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their busin
Added approximately 7,000 net new Locations in third quarter 2024 Annualized recurring run-rate (ARR) as of September 30, 2024 grew 28% to $1.6 billion Net income was $56 million and Adjusted EBITDA was $113 million in third quarter Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2024. "Toast delivered a strong third quarter, adding approximately 7,000 net new locations, growing our recurring gross profit streams1 35%, and achieving Adjusted EBITDA of $113 million. We are well positioned to finish out the year strong and carry this momentum into 2025. Our differentiated vertic
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the third quarter ended September 30, 2024 following the close of the U.S. markets on Thursday, November 7, 2024. Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com. A replay of the conference call will also be available on Toast's investor relations website. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-one digital technology platform purpose-built for
Toast Fall Product Release includes new Branded Mobile App, SMS Marketing, and over a dozen new features designed to help restaurants grow their business and keep guests coming back Toast (NYSE:TOST), the all-in-one technology platform built for restaurants, today announced its Fall Product Release with new mobile features designed to help restaurants unlock new revenue streams, boost their brand presence, and deepen the connection to their guests. Highlights include a Branded Mobile App and SMS Marketing to drive diner engagement on mobile devices. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241008174260/en/Toast Branded Mob
The Q2 2024 Restaurant Trends report examines popular lunch food trends, quick-service restaurant transactions in 20 U.S. cities, restaurant employee wages, and tipping data. Toast (NYSE:TOST), the all-in-one digital platform built for restaurants, today announced its Q2 2024 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. cities on the Toast platform, which serves approximately 120,000 restaurant locations as of June 30, 2024. Read more details about our methodology below. Key takeaways: In Q2 2024, guests at quick-service restaurants (QSRs)
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the Goldman Sachs Communacopia & Technology Conference in San Francisco, CA on Wednesday, September 11, 2024 at 10:50 a.m. PDT. A webcast of the company presentation will be available on Toast's Investor Relations website at https://investors.toasttab.com/overview/. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they
Social Commerce Platform Appoints Two New Vice Presidents, Signaling Commitment to Expansion and Innovation in Influencer Marketing Landscape CHICAGO, June 25, 2024 /PRNewswire/ -- Mavely, the Everyday Influencer Platform® unlocking performance-based social commerce for the world's favorite brands, today announced two new executive hires who will be instrumental in supporting the brand's accelerated growth and commitment to strengthening leadership. Usaid Khan will serve as Mavely's Vice President of Business Development, and Kevin White as the Vice President of Strategic Finance.
Aman Narang, Co-Founder and COO, to become CEO effective January 1, 2024 Current CEO Chris Comparato to remain on Board upon Narang's appointment Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today announced the appointment of Aman Narang as CEO, effective January 1, 2024. Narang has served as Toast's Co-President since December 2012 and Chief Operating Officer since June 2021. He will take over as CEO from Chris Comparato, who has served as the company's CEO since February 2015, leading Toast through a remarkable period of growth with a focus on profitability and operational excellence. Both Comparato and Narang will remain on the Board. Since c
Toast (NYSE:TOST), the all-in-one digital platform built for restaurants, today announced the appointment of Jennifer DiRico as General Manager and Head of International. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220329005163/en/Jennifer DiRico, General Manager and Head of International (Photo: Business Wire) Jennifer has spent the last six years in leadership roles at Toast, with significant experience building and scaling the company in the U.S. She has broad experience in senior finance and global operational roles, including time spent in local markets within Europe helping restaurants expand their footprint. Jennifer is
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BMO Capital Markets initiated coverage of Toast with a rating of Outperform and set a new price target of $45.00
DA Davidson downgraded Toast from Buy to Neutral and set a new price target of $38.00 from $44.00 previously
Goldman downgraded Toast from Buy to Neutral and set a new price target of $45.00
Compass Point initiated coverage of Toast with a rating of Buy and set a new price target of $49.00
Exane BNP Paribas downgraded Toast from Outperform to Neutral and set a new price target of $37.00
Cleveland Research initiated coverage of Toast with a rating of Buy and set a new price target of $33.00
Mizuho upgraded Toast from Neutral to Outperform and set a new price target of $33.00 from $21.00 previously
Wedbush initiated coverage of Toast with a rating of Outperform and set a new price target of $30.00
Robert W. Baird downgraded Toast from Outperform to Neutral and set a new price target of $28.00
Keefe Bruyette initiated coverage of Toast with a rating of Mkt Perform and set a new price target of $25.00
Added approximately 7,000 net new Locations in third quarter 2024 Annualized recurring run-rate (ARR) as of September 30, 2024 grew 28% to $1.6 billion Net income was $56 million and Adjusted EBITDA was $113 million in third quarter Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2024. "Toast delivered a strong third quarter, adding approximately 7,000 net new locations, growing our recurring gross profit streams1 35%, and achieving Adjusted EBITDA of $113 million. We are well positioned to finish out the year strong and carry this momentum into 2025. Our differentiated vertic
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the third quarter ended September 30, 2024 following the close of the U.S. markets on Thursday, November 7, 2024. Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com. A replay of the conference call will also be available on Toast's investor relations website. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-one digital technology platform purpose-built for
Added approximately 8,000 net new Locations in second quarter 2024 Annualized recurring run-rate (ARR) as of June 30, 2024 grew 29% to $1.5 billion Achieved GAAP operating income of $5 million in second quarter Net income was $14 million and Adjusted EBITDA was $92 million in second quarter Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the second quarter ended June 30, 2024. "Our team executed incredibly well in the second quarter and delivered strong results, including adding a record number of net locations and achieving GAAP profitability ahead of expectations. We are sustaining growth at scale while ex
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the second quarter ended June 30, 2024 following the close of the U.S. markets on Tuesday, August 6, 2024. Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com. A replay of the conference call will also be available on Toast's investor relations website. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-one digital technology platform purpose-built for the
Added over 6,000 net new Locations in first quarter 2024 Annualized recurring run-rate (ARR) as of March 31, 2024 grew 32% to $1.3 billion First quarter net loss was $(83) million and Adjusted EBITDA was $57 million Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024. "Toast is off to a strong start in 2024. Our first quarter results demonstrate strong topline growth and margin expansion that we will continue to build on throughout the year. We executed well against our priorities: scaling restaurant locations; driving ARR by delivering products customers love; continuing to
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, will release financial results for the first quarter ended March 31, 2024 following the close of the U.S. markets on Tuesday May 7, 2024. Toast will host a conference call to discuss its results at 5:00 p.m. Eastern Time the same day. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com. A replay of the conference call will also be available on Toast's investor relations website. 2024 Investor Day Toast will host an Investor Day for financial analysts and institutional investors on Wednesday
Ended 2023 with approximately 106,000 Locations; added over 6,500 net new Locations in fourth quarter Annualized recurring run-rate (ARR) as of December 31, 2023 increased 35% to over $1.2 billion Toast's Board of Directors authorized a share repurchase program Anticipate GAAP Operating Income profit by first half 2025 Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2023. Financial Highlights for the Fourth Quarter of 2023 ARR as of December 31, 2023 was $1.2 billion, up 35% year over year. Gross Payment Volume (GPV) increased 32% year over year to $3
Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2023 following the close of the U.S. markets on February 15, 2024. Toast will host a conference call at 5:00 p.m. Eastern Time on Thursday, February 15, 2024 to discuss the results. The news release with financial results and a link to the conference call will be accessible at the Toast investor relations website: https://investors.toasttab.com. A replay of the conference call will also be available on Toast's investor relations website. About Toast Toast (NYSE:TOST) is a cloud-based, all-in-
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
Added over 6,500 net new locations in third quarter 2023 Annualized recurring run-rate (ARR) as of September 30, 2023 grew 40% year-over-year Third quarter net loss was $(31) million and Adjusted EBITDA was $35 million Toast (NYSE:TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2023. "Toast delivered solid results in the third quarter. ARR grew 40% to over $1.2 billion with our consistent go-to-market execution driving strong net location additions combined with continued ARPU growth. Our focus on balancing durable top line growth with efficiency led to our seventh consecutive quarter