Toast (TOST) Stock Forecast, Price Target & Predictions
TOST Stock Forecast
Toast stock forecast is as follows: an average price target of $27.06 (represents a 2.85% upside from TOST’s last price of $26.31) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.
TOST Price Target
The average price target for Toast (TOST) is $27.06 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $17.00. This represents a potential 2.85% upside from TOST's last price of $26.31.
TOST Analyst Ratings
According to 16 Wall Street analysts, Toast's rating consensus is 'Hold'. The analyst rating breakdown for TOST stock is 0 'Strong Buy' (0.00%), 7 'Buy' (43.75%), 9 'Hold' (56.25%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Toast Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 18, 2024 | Dan Dolev | Mizuho Securities | $33.00 | $26.51 | 24.48% | 25.43% |
| Jul 08, 2024 | Peter Heckmann | D.A. Davidson | $32.00 | $25.52 | 25.37% | 21.63% |
| May 30, 2024 | Josh Baer | Morgan Stanley | $29.00 | $23.61 | 22.83% | 10.22% |
| May 30, 2024 | Mayank Tandon | Needham | $30.00 | $23.63 | 26.96% | 14.03% |
| May 30, 2024 | Daniel Perlin | RBC Capital | $27.00 | $23.63 | 14.26% | 2.62% |
| May 30, 2024 | Will Nance | Goldman Sachs | $29.00 | $23.63 | 22.73% | 10.22% |
| May 30, 2024 | Bryan Keane | Deutsche Bank | $24.00 | $23.63 | 1.57% | -8.78% |
| May 24, 2024 | Moshe Katri | Wedbush | $30.00 | $25.46 | 17.83% | 14.03% |
| May 09, 2024 | Brent Bracelin | Piper Sandler | $25.00 | $26.82 | -6.79% | -4.98% |
| May 09, 2024 | Dan Dolev | Mizuho Securities | $21.00 | $26.82 | -21.70% | -20.18% |
The latest Toast stock forecast, released on Jul 18, 2024 by Dan Dolev from Mizuho Securities, set a price target of $33.00, which represents a 24.48% increase from the stock price at the time of the forecast ($26.51), and a 25.43% increase from TOST last price ($26.31).
Toast Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 16 |
| Avg Price Target | - | $32.50 | $25.81 |
| Last Closing Price | $26.31 | $26.31 | $26.31 |
| Upside/Downside | -100.00% | 23.53% | -1.90% |
In the current month, the average price target of Toast stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Toast's last price of $26.31. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 11, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 07, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Aug 07, 2024 | Stephens | Underperform | Underperform | Hold |
| Aug 07, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 18, 2024 | Mizuho Securities | Neutral | Outperform | Upgrade |
| Jul 18, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jul 18, 2024 | Wedbush | Underperform | Underperform | Hold |
| May 30, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 30, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
Toast's last stock rating was published by RBC Capital on Sep 12, 2024. The company gave TOST a "Sector Perform" rating, the same as its previous rate.
Toast Financial Forecast
Toast Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.04B | $1.03B | $978.00M | $819.00M | $769.00M | $752.00M | - | $535.00M | $512.00M | $486.38M |
| Avg Forecast | $2.18B | $2.17B | $2.15B | $1.86B | $1.86B | $1.87B | $1.82B | $1.59B | $1.56B | $1.56B | $1.52B | $1.33B | $1.30B | $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 | $2.23B | $2.22B | $2.20B | $1.90B | $1.90B | $1.91B | $1.86B | $1.62B | $1.59B | $1.60B | $1.55B | $1.36B | $1.32B | $1.32B | $1.25B | $1.07B | $1.03B | $1.05B | $963.08M | $780.16M | $768.71M | $735.64M | $651.28M | $509.61M | $509.16M | $452.82M |
| Low Forecast | $2.13B | $2.13B | $2.10B | $1.82B | $1.82B | $1.83B | $1.78B | $1.55B | $1.52B | $1.53B | $1.48B | $1.30B | $1.27B | $1.26B | $1.19B | $1.02B | $994.85M | $1.02B | $921.95M | $746.84M | $735.88M | $704.22M | $651.28M | $471.87M | $471.46M | $419.29M |
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 3 | 6 | 15 | 9 | 9 | 13 | 13 | 6 | 4 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.04% | 1.07% | 1.02% | 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 $1.02B, and a high forecast of $1.07B. 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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 3 | 6 | 15 | 9 | 9 | 13 | 13 | 6 | 4 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-46.00M | $-59.00M | $-46.00M | $-89.00M | $-86.00M | $-58.00M | - | $-96.00M | $8.00M | $-245.45M |
| Avg Forecast | $-389.02M | $-387.59M | $-383.49M | $-331.63M | $-331.55M | $-332.90M | $-324.69M | $-282.70M | $-277.73M | $-278.39M | $-270.33M | $-237.42M | $-231.05M | $-229.60M | $-217.61M | $-185.98M | $-181.34M | $-183.87M | $-168.06M | $-136.14M | $-134.14M | $-128.37M | $-116.06M | $-86.96M | $3.71M | $-274.90M |
| High Forecast | $-380.31M | $-378.91M | $-374.91M | $-324.21M | $-324.13M | $-325.44M | $-317.42M | $-276.37M | $-271.51M | $-272.16M | $-264.27M | $-232.10M | $-225.87M | $-224.26M | $-212.73M | $-181.82M | $-177.28M | $-181.79M | $-164.29M | $-133.09M | $-131.14M | $-125.49M | $-116.06M | $-84.09M | $4.45M | $-219.92M |
| Low Forecast | $-397.27M | $-395.82M | $-391.63M | $-338.67M | $-338.59M | $-339.96M | $-331.58M | $-288.70M | $-283.63M | $-284.30M | $-276.06M | $-242.46M | $-235.95M | $-234.94M | $-222.23M | $-189.93M | $-183.14M | $-187.51M | $-171.62M | $-139.03M | $-136.99M | $-131.09M | $-116.06M | $-90.81M | $2.96M | $-329.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.32% | 0.27% | 0.65% | 0.64% | 0.45% | - | 1.10% | 2.16% | 0.89% |
4 analysts predict TOST's average Quarter EBITDA for Mar 22 to be $-86.96M, with a high of $-84.09M and a low of $-90.81M. This is -1187.02% lower than Toast's previous annual EBITDA (Dec 21) of $8.00M.
Toast Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 3 | 6 | 15 | 9 | 9 | 13 | 13 | 6 | 4 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-36.00M | $-31.00M | $-98.00M | $-62.00M | $-99.00M | $-98.00M | - | $55.00M | $2.00M | $-252.50M |
| Avg Forecast | $240.67M | $240.67M | $281.76M | $199.58M | $184.08M | $190.26M | $193.47M | $136.52M | $112.95M | $117.08M | $118.76M | $88.10M | $75.05M | $79.57M | $62.86M | $28.83M | $15.57M | $22.39M | $-4.27M | $-27.59M | $-28.76M | $-45.49M | $-63.12M | $-63.57M | $926.32K | $-282.80M |
| High Forecast | $247.31M | $247.31M | $289.53M | $205.09M | $189.16M | $195.51M | $198.81M | $140.29M | $116.07M | $120.31M | $122.03M | $90.53M | $77.12M | $318.27M | $64.59M | $29.62M | $22.65M | $33.58M | $-4.14M | $-26.79M | $-27.93M | $-44.17M | $-63.12M | $-60.84M | $1.11M | $-226.24M |
| Low Forecast | $233.67M | $233.67M | $273.56M | $193.77M | $178.72M | $184.72M | $187.84M | $132.55M | $109.66M | $113.67M | $115.30M | $85.53M | $72.86M | $-79.57M | $61.02M | $27.99M | $7.08M | $17.91M | $-4.39M | $-28.35M | $-29.56M | $-46.75M | $-63.12M | $-67.22M | $741.05K | $-339.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.31% | -1.38% | 22.95% | 2.25% | 3.44% | 2.15% | - | -0.87% | 2.16% | 0.89% |
Toast's average Quarter net income forecast for Jul 22 is $-63.12M, with a range of $-63.12M to $-63.12M. TOST's average Quarter net income forecast represents a -214.76% decrease compared to the company's last Quarter net income of $55.00M (Mar 22).
Toast SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 3 | 6 | 15 | 9 | 9 | 13 | 13 | 6 | 4 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.00M | $198.00M | $196.00M | $181.00M | $178.00M | $162.00M | - | $128.00M | $139.00M | $97.25M |
| Avg Forecast | $551.17M | $549.15M | $543.34M | $469.87M | $469.75M | $471.66M | $460.03M | $400.53M | $393.50M | $394.43M | $383.01M | $336.38M | $327.35M | $325.30M | $308.31M | $263.50M | $256.93M | $260.52M | $238.11M | $192.88M | $190.05M | $181.87M | $164.44M | $123.21M | $64.38M | $108.93M |
| High Forecast | $562.87M | $560.80M | $554.87M | $479.84M | $479.72M | $481.67M | $469.79M | $409.04M | $401.85M | $402.80M | $391.14M | $343.52M | $334.30M | $332.87M | $314.85M | $269.09M | $259.48M | $265.66M | $243.16M | $196.98M | $194.09M | $185.73M | $164.44M | $128.67M | $77.25M | $130.71M |
| Low Forecast | $538.83M | $536.85M | $531.18M | $459.35M | $459.23M | $461.10M | $449.73M | $391.57M | $384.69M | $385.60M | $374.43M | $328.85M | $320.02M | $317.74M | $301.41M | $257.60M | $251.18M | $257.57M | $232.77M | $188.56M | $185.80M | $177.80M | $164.44M | $119.14M | $51.50M | $87.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 0.76% | 0.82% | 0.94% | 0.94% | 0.89% | - | 1.04% | 2.16% | 0.89% |
Toast's average Quarter SG&A projection for Mar 24 is $263.50M, based on 3 Wall Street analysts, with a range of $257.60M to $269.09M. The forecast indicates a 41.67% rise compared to TOST last annual SG&A of $186.00M (Dec 23).
Toast EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 3 | 6 | 15 | 9 | 9 | 13 | 13 | 6 | 4 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.07 | $-0.06 | $-0.19 | $-0.12 | $-0.19 | $-0.19 | - | $0.11 | - | $-1.05 |
| Avg Forecast | $0.41 | $0.41 | $0.48 | $0.34 | $0.31 | $0.32 | $0.33 | $0.23 | $0.19 | $0.20 | $0.20 | $0.15 | $0.13 | $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 | $0.42 | $0.42 | $0.49 | $0.35 | $0.32 | $0.33 | $0.34 | $0.24 | $0.20 | $0.20 | $0.21 | $0.15 | $0.13 | $0.54 | $0.11 | $0.05 | $0.04 | $0.06 | $-0.01 | $-0.05 | $-0.05 | $-0.08 | $-0.12 | $-0.11 | $-0.12 | $-0.26 |
| Low Forecast | $0.40 | $0.40 | $0.47 | $0.33 | $0.30 | $0.31 | $0.32 | $0.23 | $0.19 | $0.19 | $0.20 | $0.15 | $0.12 | $-0.14 | $0.10 | $0.05 | $0.01 | $0.03 | $-0.01 | $-0.05 | $-0.05 | $-0.08 | $-0.12 | $-0.12 | $-0.13 | $-0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.51% | -1.52% | 26.12% | 2.55% | 3.88% | 2.45% | - | -0.94% | -0.03% | 3.89% |
According to 6 Wall Street analysts, Toast's projected average Quarter EPS for Jul 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PATH | UiPath | $12.30 | $25.53 | 107.56% | Hold |
| OKTA | Okta | $73.89 | $120.69 | 63.34% | Hold |
| ZS | Zscaler | $168.52 | $232.54 | 37.99% | Buy |
| NET | Cloudflare | $78.09 | $95.00 | 21.65% | Hold |
| CRWD | CrowdStrike | $267.12 | $319.88 | 19.75% | Buy |
| ADBE | Adobe | $508.13 | $592.03 | 16.51% | Buy |
| NTNX | Nutanix | $57.40 | $63.15 | 10.02% | Buy |
| TOST | Toast | $26.31 | $27.06 | 2.85% | Hold |
| PANW | Palo Alto Networks | $329.75 | $312.48 | -5.24% | Buy |
| PLTR | Palantir | $36.38 | $21.97 | -39.61% | Buy |
TOST Forecast FAQ
Is Toast a good buy?
No, according to 16 Wall Street analysts, Toast (TOST) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 43.75% of TOST's total ratings.
What is TOST's price target?
Toast (TOST) average price target is $27.06 with a range of $17 to $33, implying a 2.85% from its last price of $26.31. The data is based on 16 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 up by 2.85% (from the last price of $26.31 to the average price target of $27.06), up by 25.43% based on the highest stock price target, and down by -35.39% based on the lowest stock price target.
Can Toast stock reach $40?
TOST's average twelve months analyst stock price target of $27.06 does not support the claim that Toast can reach $40 in the near future.
What are Toast's analysts' financial forecasts?
Toast's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.14B (high $7.29B, low $6.98B), average EBITDA is $-1.272B (high $-1.243B, low $-1.299B), average net income is $704.34M (high $723.77M, low $683.84M), average SG&A $1.8B (high $1.84B, low $1.76B), and average EPS is $1.2 (high $1.23, low $1.16). TOST's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.37B (high $8.55B, low $8.18B), average EBITDA is $-1.492B (high $-1.458B, low $-1.523B), average net income is $962.68M (high $989.24M, low $934.66M), average SG&A $2.11B (high $2.16B, low $2.07B), and average EPS is $1.64 (high $1.69, low $1.59).
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 $-669M by -64.15%. The company's net income was $-246M, missing the average estimation of $6.1M by -4131.94%. Apple's SG&A was $743M, missing the average forecast of $948.44M by -21.66%. 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 $-181M by -74.63%. Toast's net income was $-36M, missing the average estimation of $15.57M by -331.18%. The company's SG&A was $186M, missing the average forecast of $256.93M by -27.61%. Lastly, the company's EPS was $-0.0665, missing the average prediction of $0.0265 by -350.67%