Toast, Inc. Stock News

Does Toast (TOST) have what it takes to be a top stock pick for momentum investors? Let's find out.

Relatively strong earnings results from Shopify and Roblox were overshadowed by questions about the outlook for the rest of the year and whether consumers will keep up the online shopping and in-game

Toast reported strong Q1 results, with its annual recurring revenue climbing 32%. It has a long runway in front of it, being in only 13% of U.S. restaurant locations.

The stock soared 15.1% following a robust first-quarter earnings report. The company reported revenue of $1.08 billion, beating Wall Street's expectations with a 31% year-over-year increase.

Toast's (TOST) first-quarter 2024 results benefit from expansion in locations, higher gross payment volume and strong growth in recurring revenues.

Toast (TOST) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.16 per share a year ago.

Toast (TOST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Toast is still in its infancy as it disrupts traditional restaurant management. Long-term investors should load up on Take-Two stock as the company gears up for major releases.

We have narrowed our search to five Internet software stocks with strong potential for 2024. these are: PINS, TOST, VEEV, SNAP, TWLO.

In the closing of the recent trading day, Toast (TOST) stood at $23.07, denoting a -0.52% change from the preceding trading day.

Toast possesses switching costs and a data advantage. Revenue should continue rising at a rapid rate in the years ahead.

The downside prediction comes despite a recent price target bump. A prognosticator from a top U.S. bank remains skeptical about the restaurant management software specialist's prospects.

Toast stock has seen a 72% bounce from last November's low. The company's sophisticated, all-in-one software solutions streamline restaurant management, from payments to inventory.

Toast is reporting high growth and improving profitability. It's working on generating growth through upselling, adding new locations, and pricing action.

Toast is putting up impressive growth and still has a monster opportunity ahead in the restaurant industry. Roku's stock price is beaten down, and a number of long-term tailwinds are working in its fa