Toast, Inc.

NYSE:TOST 주식 리포트

시가총액: US$13.4b

Toast 향후 성장

Future 기준 점검 5/6

Toast (는) 각각 연간 25.2% 및 15.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 24.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.3% 로 예상됩니다.

핵심 정보

25.2%

이익 성장률

24.72%

EPS 성장률

Diversified Financial 이익 성장8.1%
매출 성장률15.5%
향후 자기자본이익률21.33%
애널리스트 커버리지

Good

마지막 업데이트17 May 2026

최근 향후 성장 업데이트

Recent updates

내러티브 업데이트 • May 09

TOST: Software Moat And AI Adoption Will Support Re-Rating Despite Cuts

Analysts have trimmed their average Toast price target by several dollars to around $36, reflecting a series of target cuts across firms that updated models after recent Q4 results and sector wide multiple compression, even as some still point to solid execution and differentiated software in restaurant payments. Analyst Commentary Street research on Toast over the recent period combines a clear reset in price targets with generally constructive views on execution and the underlying software and payments platform.
내러티브 업데이트 • Apr 23

TOST: Software Moat And AI Adoption Will Support Future Repricing

The analyst price target for Toast edges down from $36.75 to $36.36 as analysts update their models to reflect revised sector multiples and mixed, but generally solid, recent research views on the company. Analyst Commentary Recent research on Toast shows a mix of optimism around execution and competitive positioning, alongside a reset in expectations that has pulled price targets lower across much of the coverage universe.
Seeking Alpha • Apr 23

Toast: More Than Just A POS

Summary Toast is evolving into a combined POS, fintech, and hardware platform, delivering robust growth across revenue, GPV, and ARR. TOST posted 24% annual revenue growth, $608M in free cash flow, and added a record 30,000 net new locations, including international expansion. Vertical integration across POS, payments, inventory, and payroll increases cross-sell potential and customer stickiness, supported by new partnerships and AI initiatives. With $2B in cash, reasonable valuation versus peers, and strong growth momentum, I rate TOST a Buy for its mix of scale, quality, and balance sheet strength. Read the full article on Seeking Alpha
내러티브 업데이트 • Apr 08

TOST: Software Moat And AI Tools Will Support Future Repricing

Analysts have trimmed the Toast fair value estimate slightly to $36.75 from $37.70 as a series of reduced price targets, mostly tied to lower sector multiples and modest model tweaks after Q4 results, offset more supportive views on the company’s software moat and quality within payments. Analyst Commentary Recent research coverage on Toast presents a mixed picture, with price targets generally adjusted lower while views on the company’s execution, software moat and role within payments remain constructive in many cases.
내러티브 업데이트 • Mar 24

TOST: Restaurant Execution And AI Tools Will Support Future Repricing

Narrative Update The updated analyst price target for Toast edges up to about $38 from roughly $37, reflecting models that assume steady growth, a slightly lower discount rate, and a marginally higher future P/E multiple, even as several firms trim their individual targets after Q4 results. Analyst Commentary Recent research on Toast clusters around two themes, with many firms trimming price targets after Q4 while still highlighting solid execution and quality, and a smaller group flagging valuation and competitive risks as reasons for caution.
내러티브 업데이트 • Mar 10

TOST: Restaurant Execution And AI Tools Will Support Future Margin Expansion

Analysts have nudged our fair value estimate for Toast slightly lower, from $37.58 to $37.22. A wave of reduced but still supportive Street price targets reflects updated models after Q4 results, modestly lower sector multiples, and some caution around early year weather impacts on near term revenue.
내러티브 업데이트 • Feb 23

TOST: Restaurant Execution And AI Adoption Will Support Future Margin Expansion

Our updated fair value estimate for Toast has moved lower to $37.58 from $46.38, reflecting a broad wave of reduced Street price targets as analysts factor in slightly softer long term revenue growth assumptions, improved margin expectations, and lower sector P/E multiples, while still generally viewing recent Q4 performance as solid. Analyst Commentary Street research on Toast has become more mixed, with most firms trimming price targets while still generally acknowledging solid Q4 execution.
내러티브 업데이트 • Feb 07

TOST: Restaurant Execution And New Installations Will Support Future Margin Expansion

Narrative Update on Toast The analyst price target for Toast has been trimmed slightly, based on research that balances expectations for solid near term results with concerns related to competition, valuation, and the expansion of the total addressable market. Analyst Commentary Recent research on Toast reflects a mixed setup, with some analysts highlighting execution strengths and others focusing on valuation and competitive pressures.
분석 기사 • Feb 06

Investors Give Toast, Inc. (NYSE:TOST) Shares A 25% Hiding

Toast, Inc. ( NYSE:TOST ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
내러티브 업데이트 • Jan 24

TOST: U S Restaurant Share Gains Will Support Future Margin Expansion

The analyst price target for Toast has been trimmed by about $1 to $46.63, as analysts weigh slightly softer modeled revenue growth and a lower future P/E against improved profit margin expectations and ongoing mixed signals from recent research updates. Analyst Commentary Recent research on Toast shows a mix of optimism around execution and margins, alongside caution on valuation, competition, and longer term growth assumptions.
내러티브 업데이트 • Jan 09

TOST: U S Restaurant Share Gains Will Support Future Fintech Pricing Power

Analysts have nudged their fair value estimate for Toast slightly higher to about US$47.75. This reflects updated views on growth, profitability and P/E assumptions after a mix of new initiations with Buy ratings and lower price targets that factor in competition, valuation and macro uncertainty.
내러티브 업데이트 • Dec 15

TOST: U S Restaurant Share Gains Will Drive Future Fintech Pricing Power

Analysts nudged their average price target on Toast slightly higher to the mid $40s, citing resilient recurring revenue growth, improving profitability, and conservative longer term guidance as supportive of modest upside despite a series of modest target cuts and ongoing macro uncertainty. Analyst Commentary Street research paints a nuanced picture for Toast, with most firms trimming price targets while still acknowledging strong execution and an attractive long term growth runway.
내러티브 업데이트 • Dec 01

TOST: U S Restaurant Market Share Gains Will Drive Sustained Upside Momentum

Analysts have revised their average price target for Toast downward by several dollars. The new expectations are now in the mid-$40s range, with analysts citing strong recent performance as well as increased caution over macro uncertainty and future earnings outlooks.
내러티브 업데이트 • Nov 16

TOST: Expansion Into New Restaurant Markets Will Drive Continued Momentum

Analysts have revised Toast's fair value estimate downward by approximately $1 to $47.35 per share. They cited strong recent results but also expressed caution regarding macroeconomic uncertainty and a more conservative long-term outlook.
내러티브 업데이트 • Nov 01

TOST: Expanded Restaurant Platform Reach Will Drive Long-Term Market Leadership

Analysts have slightly lowered their fair value price target for Toast to approximately $48.38, a modest decrease of $0.53. This adjustment reflects sustained market growth expectations, though recent caution around profit margins and sector-wide guidance concerns has also contributed to the change.
내러티브 업데이트 • Oct 18

Integrated Digital Payments And Automation Will Unlock Future Opportunities

The average analyst price target for Toast has been revised slightly lower, decreasing by $0.79 to $48.92. Analysts are factoring in moderated profit margin expectations along with ongoing growth opportunities highlighted in recent research.
내러티브 업데이트 • Oct 04

Integrated Digital Payments And Automation Will Unlock Future Opportunities

Analysts have slightly reduced their fair value price target for Toast to $49.71 from $50.54. They cite recent shifts in starter kit software pricing and ongoing competitive dynamics in the restaurant technology sector as reasons for the change.
내러티브 업데이트 • Aug 07

Integrated Digital Payments And Automation Will Unlock Future Opportunities

The Analyst Price Target for Toast rose notably from $44.64 to $49.38, primarily reflecting improved net profit margin, despite a slight deceleration in revenue growth forecasts. What's in the News American Express and Toast formed a multi-year strategic partnership to integrate their technologies, aiming to enhance personalized hospitality and guest experiences across their restaurant networks, including Resy, Tock, and Toast locations.
User avatar
새로운 내러티브 • Apr 23

Investing In R&D And AI Will Open New Markets

Expanding into new segments and geographies is set to drive location growth and revenue expansion.
Seeking Alpha • Apr 16

Toast: Strong Foundations For Future Growth

Summary Toast enjoys strong moats, including switching costs and network effects. The company is expanding internationally, launching new products, and targeting new verticals, driving future growth. Toast's strategic focus on SMBs and payment processing revenue streams has built a strong competitive advantage and customer loyalty. Despite economic concerns, Toast's high ROIC relative to WACC indicates it is creating value, making it a long-term investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Apr 10

Toast: Low Market Sentiment And Recession Are Only An Opportunity

Summary Toast's stock has dropped 30% since November 2024, presenting a buying opportunity despite recession fears. The company has improved significantly its margins over the years and is now both FCF and GAAP net profitable. Thanks to their fortress balance sheet, even a recession, while painful, will not be an existential threat, and they might come out of it strong. When the market goes into sell-off mode is exactly the time to take advantage of cheaper prices for good companies. Read the full article on Seeking Alpha
Seeking Alpha • Mar 06

Toast Has Fallen Far Enough, It's Time To Buy Back In (Upgrade)

Summary Toast's stock has dropped ~20% from recent peaks in the mid-$40s, creating an opportune re-entry point. I'm upgrading the stock back to a buy rating. Though still not a cheap stock, Toast is now trading at a ~37x forward adjusted EBITDA multiple for ~40% expected EBITDA growth in FY25. Toast's Q4 revenue and ARR saw acceleration to a ~30% clip, despite a tough macro environment for restaurants. The company's expansion to hotels and retail is another reason to buy Toast while it's still in the early stages of capturing more of its $110 billion global market. Read the full article on Seeking Alpha
Seeking Alpha • Feb 13

Toast: High Performing, But I Fear It's Overvalued

Summary Toast has shown impressive revenue growth and deep market penetration in recent years, but I feel the valuation is a concern. While the company benefits from strong industry tailwinds and a robust SaaS model, competition from other firms presents a major challenge. Given these factors, I recommend a hold rating on the company, while waiting for answers on the uncertainty in the sector and beyond. Read the full article on Seeking Alpha
Seeking Alpha • Feb 03

Toast Is More Than Just A Point-Of-Sale Company -- That's Why It's A Buy

Summary Toast is growing fast, with revenue up 26% year-over-year and more restaurants using its platform. Toast, Inc. posted its first positive operating income but is not yet consistently GAAP profitable. Payments and software subscriptions drive recurring revenue, making Toast's business model more predictable. Free cash flow is improving, meaning Toast no longer needs to raise money to fund growth. Read the full article on Seeking Alpha
Seeking Alpha • Jan 17

Toast: Strong Cash Position, Weak Near-Term Confidence

Summary I’m concerned about Toast’s ability to differentiate itself in a crowded market with competitors like Square and Clover. The risks associated with international expansion and its long payback period make me hesitant. While new products like branded apps and SMS marketing show promise, it’s unclear how much they’ll drive profitability. The restaurant industry’s economic challenges could dampen Toast’s growth, especially among smaller businesses. Read the full article on Seeking Alpha
Seeking Alpha • Dec 27

Toast: Hold Your Nose And Buy This Leader

Summary Toast, Inc.'s recent pullback is seen as a temporary pause, with technical indicators favoring a bullish outlook, making it a Buy. The company's strong revenue and EPS growth, driven by operating leverage and customer expansion, support its growth phase. Risks include potential revenue growth disappointments, macroeconomic factors affecting restaurant spending, and stock dilution impacting EPS. Despite a high forward P/E of 49X, TOST stock's valuation is justified by its robust growth outlook, making it a Buy rather than a Strong Buy. Read the full article on Seeking Alpha
Seeking Alpha • Dec 15

Toast: Profitability Doesn't Justify The Multiple (Rating Downgrade)

Summary Toast's stock was initially rated a "strong buy" due to rapid revenue growth, improved gross margins, and favorable valuation metrics. Despite achieving GAAP profitability and significant growth in key performance indicators, the stock's valuation has become unattractive. Given the elevated valuation, I am updating my rating from a "strong buy" to a "hold" despite the company's continued innovation and growth. Read the full article on Seeking Alpha
Seeking Alpha • Nov 24

Toast: Fantastic Performance, Terrible Price (Rating Downgrade)

Summary With the S&P 500 near all-time highs, it's crucial to review portfolios and consider trimming overvalued stocks like Toast to protect YTD gains. Toast has surged 130%+ this year, but its sharp rise may already reflect its strengths, prompting a downgrade to neutral despite strong Q3 results that featured no growth deceleration. Despite Toast's $110 billion TAM and international growth potential, risks like low gross margins and competition from Square and Clover persist. The stock is richly valued at ~38x forward adjusted EBITDA and ~48x forward P/E. Read the full article on Seeking Alpha
Seeking Alpha • Nov 08

Toast Q3 Review: I'm Booking Profits After The 100%+ YTD Returns

Summary After five consecutive “buy” ratings, I believe the magnitude of the upside has finally shrunk, leading me to rate Toast a “hold” with a price target of $43, as I book profits on my position. The underlying fundamentals of TOST continue to be strong, with Q3 FY24 earnings showing strong revenue growth of 26% YoY and adjusted EBITDA growth of 222% YoY, beating estimates. Some of the key growth drivers include expanding restaurant locations, targeted product innovation, unlocking TAM in new verticals, and operational excellence. However, declining GPV and uncertain macroeconomic conditions warrant caution. Plus, given the run-up in the stock price, I believe much of its future growth prospects are now priced in. Read the full article on Seeking Alpha
Seeking Alpha • Oct 24

Toast: Shaping Up Into A Real Winner

Summary Toast is a speculative stock bridging cloud software and fintech payment solutions, carving out a niche in the restaurant industry. The company maintains low attrition rates, showcasing product stickiness and upsell opportunities, with success stories from customers improving operations. Although difficult to value, the market opportunity is immense and Toast continues to execute. It's a buy for me today. Read the full article on Seeking Alpha
Seeking Alpha • Sep 04

Toast: Excellent Execution Amid Potential Slowdown

Summary Shares of Toast have rallied after posting strong Q2 results, bringing YTD gains above 30%. The company has raised its full-year adjusted EBITDA expectations for FY24, highlighting the efficiencies gained from its restructuring as well as strong new location expansion. At a >40x adjusted EBITDA multiple amid a potential macro downturn, especially for restaurants, Toast bears some added risk. I'm retaining my buy call on TOST and recommend riding the stock upward to the high $20s before considering an exit. Read the full article on Seeking Alpha
Seeking Alpha • Aug 01

Toast: Widening Competitive Moat And Significant Growth Runway

Summary Toast has grown from a payments solution to a comprehensive platform offering team management, payroll, online ordering, and more, increasing its value and switching costs for customers. With multiple growth vectors, including adding new customers, expanding product offerings, and entering new markets, the Company continues to see strong revenue growth and opportunities for international expansion. TOST has shown improvements in gross profit and operating margins, moving towards GAAP profitability. Despite risks like potential recession impacts, the company's current valuation suggests a potentially promising investment. Read the full article on Seeking Alpha

이익 및 매출 성장 예측

NYSE:TOST - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/202810,1859251,2661,47713
12/31/20278,7186999221,09326
12/31/20267,38554171280326
3/31/20266,446412654714N/A
12/31/20256,153342608661N/A
9/30/20255,858273564614N/A
6/30/20255,529224508558N/A
3/31/20255,222158408459N/A
12/31/20244,96019306360N/A
9/30/20244,658-49253305N/A
6/30/20244,386-136194244N/A
3/31/20244,121-248125170N/A
12/31/20233,865-24693135N/A
9/30/20233,597-310-1724N/A
6/30/20233,318-377-135-93N/A
3/31/20233,015-333-204-164N/A
12/31/20222,731-275-189-156N/A
9/30/20222,475-174-194-168N/A
6/30/20222,208-330-136-117N/A
3/31/20221,958-411-54-40N/A
12/31/20211,705-487-172N/A
9/30/20211,435-550-16-5N/A
6/30/20211,186-358724N/A
3/31/2021933-286-110-81N/A
12/31/2020823-249-161-125N/A
12/31/2019665-209N/A-126N/A

애널리스트 향후 성장 전망

수입 대 저축률: TOST 의 연간 예상 수익 증가율(25.2%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: TOST 의 연간 수익(25.2%)이 US 시장(16.7%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 수익: TOST 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.

수익 대 시장: TOST 의 수익(연간 15.5%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 매출: TOST 의 수익(연간 15.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: TOST의 자본 수익률은 3년 후 21.3%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/22 00:48
종가2026/05/22 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

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패키지데이터기간미국 소스 예시 *
기업 재무제표10년
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시장 가격30년
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지분 구조10년
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경영진10년
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주요 개발10년
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산업 및 섹터 지표

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분석가 소스

Toast, Inc.는 38명의 분석가가 다루고 있습니다. 이 중 26명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
David KoningBaird
Harshita RawatBernstein
Andrew BauchBMO Capital Markets Equity Research