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Toast (TOST) Stock Forecast, Price Target & Predictions

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TOST Stock Forecast

Toast stock forecast is as follows: an average price target of $37.40 (represents a -2.04% downside from TOST’s last price of $38.18) and a rating consensus of 'Hold', based on 20 wall street analysts offering a 1-year stock forecast.

TOST Price Target

The average price target for Toast (TOST) is $37.40 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $33.00. This represents a potential -2.04% downside from TOST's last price of $38.18.

TOST Analyst Ratings

Hold

According to 20 Wall Street analysts, Toast's rating consensus is 'Hold'. The analyst rating breakdown for TOST stock is 0 'Strong Buy' (0.00%), 8 'Buy' (40.00%), 12 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Toast Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 05, 2024Peter HeckmannD.A. Davidson$38.00$38.13-0.34%-0.47%
Dec 04, 2024David KoningRobert W. Baird$38.00$38.14-0.37%-0.47%
Dec 02, 2024Will NanceGoldman Sachs$45.00$43.543.35%17.86%
Oct 29, 2024Peter HeckmannD.A. Davidson$35.00$30.1216.20%-8.33%
Oct 22, 2024Josh BaerMorgan Stanley$33.00$29.6411.34%-13.57%
Oct 14, 2024David KoningRobert W. Baird$30.00$28.345.86%-21.42%
Jul 18, 2024Dan DolevMizuho Securities$33.00$26.5124.48%-13.57%
Jul 08, 2024Peter HeckmannD.A. Davidson$32.00$25.5225.37%-16.19%
May 30, 2024Josh BaerMorgan Stanley$29.00$23.6122.83%-24.04%
May 30, 2024Mayank TandonNeedham$30.00$23.6326.96%-21.42%
May 30, 2024Daniel PerlinRBC Capital$27.00$23.6314.26%-29.28%
May 30, 2024Will NanceGoldman Sachs$29.00$23.6322.73%-24.04%
May 30, 2024Bryan KeaneDeutsche Bank$24.00$23.631.57%-37.14%
May 24, 2024Moshe KatriWedbush$30.00$25.4617.83%-21.42%
May 09, 2024Brent BracelinPiper Sandler$25.00$26.82-6.79%-34.52%
May 09, 2024Dan DolevMizuho Securities$21.00$26.82-21.70%-45.00%
Apr 15, 2024David KoningRobert W. Baird$28.00$23.8217.55%-26.66%
Apr 12, 2024Jeff CantwellWells Fargo$17.00$24.56-30.78%-55.47%
Mar 07, 2024Thomas PoutrieuxBNP Paribas$30.00$24.8220.87%-21.42%
Jan 10, 2024Will NanceGoldman Sachs$24.00$19.1425.42%-37.14%
Nov 10, 2023David KoningRobert W. Baird$18.00$13.9229.31%-52.85%
Oct 02, 2023Dan DolevMizuho Securities$16.00$18.19-12.04%-58.09%
Sep 06, 2023Rayna KumarUBS$30.00$21.4340.02%-21.42%
Sep 05, 2023Brent BracelinPiper Sandler$27.00$21.6524.71%-29.28%
Jun 28, 2023Charles NabhanStephens$22.00$22.32-1.43%-42.38%
Apr 14, 2023Charles NabhanStephens$18.00$17.572.45%-52.85%
Aug 12, 2022Needham$27.00$18.1548.76%-29.28%
May 13, 2022Josh BeckKeyBanc$25.00$14.9966.78%-34.52%
May 09, 2022Dan DolevMizuho Securities$19.00$13.7737.98%-50.24%
Apr 10, 2022Jeff CantwellWells Fargo$29.00$18.8154.17%-24.04%
Apr 03, 2022Timothy ChiodoCredit Suisse$22.00$22.76-3.34%-42.38%
Jan 25, 2022Dan DolevMizuho Securities$24.00$21.2113.15%-37.14%

The latest Toast stock forecast, released on Dec 05, 2024 by Peter Heckmann from D.A. Davidson, set a price target of $38.00, which represents a -0.34% decrease from the stock price at the time of the forecast ($38.13), and a -0.47% decrease from TOST last price ($38.18).

Toast Price Target by Period

1M3M12M
# Anlaysts3620
Avg Price Target$40.33$36.50$29.90
Last Closing Price$38.18$38.18$38.18
Upside/Downside5.63%-4.40%-21.69%

In the current month, the average price target of Toast stock is $40.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 5.63% increase as opposed to Toast's last price of $38.18. This month's average price target is up 10.49% compared to last quarter, and up 34.88% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 13, 2024RBC CapitalSector PerformSector PerformHold
Dec 02, 2024Goldman SachsBuyNeutralDowngrade
Nov 06, 2024Canaccord GenuityBuyBuyHold
Oct 22, 2024Morgan StanleyOverweightOverweightHold
Oct 22, 2024BernsteinMarket PerformMarket PerformHold
Oct 18, 2024StephensEqual-WeightEqual-WeightHold
Oct 14, 2024RBC CapitalSector PerformSector PerformHold
Sep 27, 2024Cleveland ResearchBuyInitialise
Sep 12, 2024RBC CapitalSector PerformSector PerformHold
Sep 11, 2024Goldman SachsBuyBuyHold
Aug 07, 2024WedbushMarket PerformMarket PerformHold
Aug 07, 2024StephensUnderperformUnderperformHold
Aug 07, 2024Morgan StanleyOverweightOverweightHold
Jul 18, 2024Mizuho SecuritiesNeutralOutperformUpgrade
Jul 18, 2024Wells FargoMarket PerformMarket PerformHold
Jul 18, 2024WedbushUnderperformUnderperformHold
May 30, 2024Morgan StanleyOverweightOverweightHold
May 30, 2024Wells FargoMarket PerformMarket PerformHold
May 30, 2024WedbushUnderperformUnderperformHold
May 30, 2024Piper SandlerNeutralNeutralHold
May 30, 2024NeedhamBuyBuyHold
May 30, 2024RBC CapitalSector PerformSector PerformHold
May 30, 2024Goldman SachsBuyBuyHold
May 30, 2024Bank of America SecuritiesNeutralNeutralHold
May 30, 2024Deutsche BankHoldHoldHold
May 29, 2024JefferiesBuyBuyHold
May 23, 2024WedbushOutperformInitialise
May 09, 2024Wells FargoSector PerformSector PerformHold
May 09, 2024Piper SandlerNeutralNeutralHold
May 08, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 12, 2024UBSUnderperformUnderperformHold
Apr 12, 2024Wells FargoUnderweightUnderweightHold
Mar 27, 2024Wells FargoSector PerformSector PerformHold
Mar 07, 2024Exane BNP ParibasOutperformUpgrade
Feb 16, 2024Piper SandlerNeutralNeutralHold
Jan 10, 2024Goldman SachsBuyUpgrade
Oct 02, 2023Mizuho SecuritiesBuyNeutralDowngrade
Sep 05, 2023Piper SandlerOverweightOverweightHold
Jun 28, 2023StephensEqual-WeightEqual-WeightHold
May 16, 2023UBSBuyBuyHold
Apr 14, 2023StephensEqual-WeightInitialise
Feb 17, 2023Credit SuisseNeutralNeutralHold
Feb 17, 2023SMBC NikkoNeutralDowngrade
Dec 18, 2022Wells FargoOverweightOverweightHold
Oct 10, 2022Mizuho SecuritiesBuyUpgrade
Sep 24, 2022UBSNeutralInitialise
Aug 12, 2022Wells FargoOverweightOverweightHold
Aug 12, 2022NeedhamBuyBuyHold
May 15, 2022KeyBancOverweightOverweightHold
Apr 10, 2022Wells FargoOverweightInitialise
Apr 03, 2022Credit SuisseNeutralInitialise

Toast's last stock rating was published by RBC Capital on Dec 13, 2024. The company gave TOST a "Sector Perform" rating, the same as its previous rate.

Toast Financial Forecast

Toast Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue--------------------$1.04B$1.03B$978.00M$819.00M$769.00M$752.00M$675.00M$535.00M$512.00M$486.38M
Avg Forecast$2.49B$2.53B$2.43B$2.11B$2.17B$2.21B$2.12B$1.84B$1.90B$1.91B$1.85B$1.62B$1.60B$1.59B$1.54B$1.34B$1.31B$1.29B$1.22B$1.04B$1.02B$1.03B$943.06M$763.95M$752.73M$720.35M$651.28M$488.00M$487.57M$433.62M
High Forecast$2.56B$2.60B$2.50B$2.17B$2.23B$2.27B$2.18B$1.89B$1.95B$1.96B$1.90B$1.66B$1.64B$1.64B$1.58B$1.37B$1.33B$1.30B$1.22B$1.04B$1.03B$1.05B$969.02M$784.98M$773.45M$720.35M$651.28M$488.00M$487.57M$433.62M
Low Forecast$2.42B$2.46B$2.37B$2.05B$2.11B$2.15B$2.07B$1.79B$1.84B$1.86B$1.80B$1.57B$1.55B$1.55B$1.49B$1.31B$1.30B$1.29B$1.22B$1.04B$989.46M$1.02B$916.95M$742.80M$731.89M$720.35M$651.28M$488.00M$487.57M$433.62M
# Analysts6555666666121110981314933615991313131377
Surprise %--------------------1.02%1.00%1.04%1.07%1.02%1.04%1.04%1.10%1.05%1.12%

Toast's average Quarter revenue forecast for Mar 24 based on 3 analysts is $1.04B, with a low forecast of $1.04B, and a high forecast of $1.04B. TOST's average Quarter revenue forecast represents a 0.74% increase compared to the company's last Quarter revenue of $1.04B (Dec 23).

Toast EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts6555666666121110981314933615991313131377
EBITDA--------------------$-46.00M$-59.00M$-46.00M$-89.00M$-86.00M$-58.00M$-137.00M$-96.00M$8.00M$-245.45M
Avg Forecast$-438.57M$-446.68M$-429.22M$-371.73M$-383.20M$-390.07M$-374.56M$-324.12M$-334.37M$-336.64M$-326.59M$-285.56M$-281.62M$-281.02M$-270.78M$-237.03M$-231.02M$-227.97M$-215.34M$-184.04M$-179.45M$-181.96M$-166.30M$-134.72M$-132.74M$-128.37M$-116.06M$-86.96M$-86.89M$-274.90M
High Forecast$-426.43M$-434.31M$-417.34M$-361.44M$-372.59M$-379.28M$-364.19M$-315.15M$-325.12M$-327.32M$-317.55M$-277.65M$-273.82M$-273.24M$-263.28M$-231.80M$-229.26M$-227.46M$-215.34M$-183.97M$-174.49M$-179.90M$-161.70M$-130.99M$-129.07M$-128.37M$-116.06M$-86.96M$-86.89M$-219.92M
Low Forecast$-450.64M$-458.98M$-441.04M$-381.97M$-393.75M$-400.81M$-384.87M$-333.04M$-343.58M$-345.91M$-335.58M$-293.42M$-289.37M$-288.75M$-278.23M$-242.26M$-234.55M$-228.48M$-215.34M$-184.12M$-181.23M$-185.55M$-170.88M$-138.43M$-136.39M$-128.37M$-116.06M$-86.96M$-86.89M$-329.88M
Surprise %--------------------0.26%0.32%0.28%0.66%0.65%0.45%1.18%1.10%-0.09%0.89%

13 analysts predict TOST's average Quarter EBITDA for Mar 22 to be $-86.96M, with a high of $-86.96M and a low of $-86.96M. This is -1187.02% lower than Toast's previous annual EBITDA (Dec 21) of $8.00M.

Toast Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts6555666666121110981314933615991313131377
Net Income--------------------$-36.00M$-31.00M$-98.00M$-62.00M$-99.00M$-98.00M$-9.00M$55.00M$2.00M$-252.50M
Avg Forecast$324.50M$359.90M$324.50M$236.00M$277.30M$306.80M$277.30M$194.70M$172.26M$188.59M$165.91M$124.89M$143.69M$148.62M$133.22M$98.67M$98.82M$85.47M$63.18M$28.97M$15.65M$22.50M$-4.29M$-27.73M$-28.91M$-45.49M$-67.73M$-68.97M$-72.39M$-282.80M
High Forecast$336.11M$372.78M$336.11M$244.44M$287.22M$317.78M$287.22M$201.67M$178.42M$195.34M$171.85M$129.36M$148.84M$153.93M$137.98M$177.60M$148.23M$88.38M$63.20M$29.01M$22.77M$33.75M$-4.14M$-26.73M$-27.87M$-45.49M$-67.73M$-68.97M$-72.39M$-226.24M
Low Forecast$312.82M$346.95M$312.82M$227.50M$267.32M$295.76M$267.32M$187.69M$166.06M$181.80M$159.94M$120.40M$138.52M$143.26M$128.42M$39.47M$32.94M$82.56M$63.15M$28.94M$7.11M$18.00M$-4.44M$-28.72M$-29.94M$-45.49M$-67.73M$-68.97M$-72.39M$-339.36M
Surprise %---------------------2.30%-1.38%22.84%2.24%3.42%2.15%0.13%-0.80%-0.03%0.89%

Toast's average Quarter net income forecast for Jun 22 is $-67.73M, with a range of $-67.73M to $-67.73M. TOST's average Quarter net income forecast represents a -223.15% decrease compared to the company's last Quarter net income of $55.00M (Mar 22).

Toast SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts6555666666121110981314933615991313131377
SG&A--------------------$186.00M$198.00M$196.00M$181.00M$178.00M$162.00M$145.00M$128.00M$139.00M$97.25M
Avg Forecast$630.50M$642.16M$617.06M$534.41M$550.89M$560.78M$538.47M$465.96M$480.70M$483.96M$469.51M$410.53M$404.86M$403.99M$389.27M$340.75M$332.12M$327.74M$309.57M$264.58M$257.99M$261.59M$239.08M$193.67M$190.83M$181.87M$164.44M$123.21M$123.10M$108.93M
High Forecast$647.85M$659.84M$634.05M$549.12M$566.06M$576.22M$553.29M$478.79M$493.94M$497.29M$482.44M$421.83M$416.00M$415.11M$399.99M$348.27M$337.19M$328.47M$309.57M$264.69M$260.54M$266.75M$245.66M$199.00M$196.08M$181.87M$164.44M$123.21M$123.10M$130.71M
Low Forecast$613.04M$624.38M$599.98M$519.62M$535.64M$545.25M$523.56M$453.06M$467.39M$470.56M$456.51M$399.16M$393.65M$392.81M$378.50M$333.24M$329.59M$327.00M$309.57M$264.47M$250.84M$258.62M$232.46M$188.31M$185.55M$181.87M$164.44M$123.21M$123.10M$87.14M
Surprise %--------------------0.72%0.76%0.82%0.93%0.93%0.89%0.88%1.04%1.13%0.89%

Toast's average Quarter SG&A projection for Mar 24 is $264.58M, based on 3 Wall Street analysts, with a range of $264.47M to $264.69M. The forecast indicates a 42.25% rise compared to TOST last annual SG&A of $186.00M (Dec 23).

Toast EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts6555666666121110981314933615991313131377
EPS--------------------$-0.07$-0.06$-0.19$-0.12$-0.19$-0.19$-0.02$0.11-$-1.05
Avg Forecast$0.55$0.61$0.55$0.40$0.47$0.52$0.47$0.33$0.29$0.32$0.28$0.21$0.24$0.25$0.23$0.17$0.17$0.14$0.11$0.05$0.03$0.04$-0.01$-0.05$-0.05$-0.08$-0.12$-0.12$-0.12$-0.27
High Forecast$0.57$0.63$0.57$0.41$0.49$0.54$0.49$0.34$0.30$0.33$0.29$0.22$0.25$0.26$0.23$0.30$0.25$0.15$0.11$0.05$0.04$0.06$-0.01$-0.05$-0.05$-0.08$-0.12$-0.12$-0.12$-0.27
Low Forecast$0.53$0.59$0.53$0.39$0.45$0.50$0.45$0.32$0.28$0.31$0.27$0.20$0.23$0.24$0.22$0.07$0.06$0.14$0.11$0.05$0.01$0.03$-0.01$-0.05$-0.05$-0.08$-0.12$-0.12$-0.12$-0.27
Surprise %---------------------2.51%-1.52%26.12%2.55%3.88%2.45%0.15%-0.94%-0.03%3.89%

According to 13 Wall Street analysts, Toast's projected average Quarter EPS for Jun 22 is $-0.12, with a low estimate of $-0.12 and a high estimate of $-0.12. This represents a -204.90% decrease compared to TOST previous annual EPS of $0.11 (Mar 22).

Toast Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PANWPalo Alto Networks$201.24$400.2998.91%Buy
ADBEAdobe$455.23$614.2534.93%Buy
NTNXNutanix$66.14$78.7519.07%Buy
OKTAOkta$85.42$93.389.32%Hold
ZSZscaler$200.45$209.914.72%Buy
PATHUiPath$13.91$14.504.24%Hold
TOSTToast$38.18$37.40-2.04%Hold
CRWDCrowdStrike$376.42$349.42-7.17%Buy
NETCloudflare$117.56$89.75-23.66%Hold
PLTRPalantir$74.39$42.17-43.31%Hold

TOST Forecast FAQ

Is Toast a good buy?

No, according to 20 Wall Street analysts, Toast (TOST) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 40.00% of TOST's total ratings.

What is TOST's price target?

Toast (TOST) average price target is $37.4 with a range of $33 to $45, implying a -2.04% from its last price of $38.18. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Toast stock go up soon?

According to Wall Street analysts' prediction for TOST stock, the company can go down by -2.04% (from the last price of $38.18 to the average price target of $37.4), up by 17.86% based on the highest stock price target, and down by -13.57% based on the lowest stock price target.

Can Toast stock reach $60?

TOST's average twelve months analyst stock price target of $37.4 does not support the claim that Toast can reach $60 in the near future.

What is Toast's current price target trend?

3 Wall Street analysts forecast a $40.33 price target for Toast (TOST) this month, up 5.63% from its last price of $38.18. Compared to the last 3 and 12 months, the average price target decreased by -4.40% and decreased by -21.69%, respectively.

What are Toast's analysts' financial forecasts?

Toast's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.35B (high $8.58B, low $8.12B), average EBITDA is $-1.472B (high $-1.431B, low $-1.512B), average net income is $1.06B (high $1.09B, low $1.02B), average SG&A $2.12B (high $2.17B, low $2.06B), and average EPS is $1.79 (high $1.85, low $1.73). TOST's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $9.56B (high $9.83B, low $9.3B), average EBITDA is $-1.686B (high $-1.64B, low $-1.733B), average net income is $1.24B (high $1.29B, low $1.2B), average SG&A $2.42B (high $2.49B, low $2.36B), and average EPS is $2.11 (high $2.19, low $2.03).

Did the TOST's actual financial results beat the analysts' financial forecasts?

Based on Toast's last annual report (Dec 2023), the company's revenue was $3.86B, beating the average analysts forecast of $3.76B by 2.89%. Apple's EBITDA was $-240M, missing the average prediction of $-662M by -63.77%. The company's net income was $-246M, missing the average estimation of $6.13M by -4111.44%. Apple's SG&A was $743M, missing the average forecast of $952.33M by -21.98%. Lastly, the company's EPS was $-0.46, missing the average prediction of $0.0104 by -4525.63%. In terms of the last quarterly report (Dec 2023), Toast's revenue was $1.04B, beating the average analysts' forecast of $1.02B by 1.81%. The company's EBITDA was $-46M, missing the average prediction of $-179M by -74.37%. Toast's net income was $-36M, missing the average estimation of $15.65M by -330.00%. The company's SG&A was $186M, missing the average forecast of $257.99M by -27.90%. Lastly, the company's EPS was $-0.0665, missing the average prediction of $0.0265 by -350.67%