
Toast (TOST) Stock Forecast & Price Target
Toast (TOST) Analyst Ratings
Bulls say
Toast's financial outlook appears favorable, highlighted by an anticipated Adjusted EBITDA range of $565-$585 million for fiscal 2024, an increase from the previous estimate of $540-$560 million. The company continues to capture market share in the US restaurant sector, evidenced by the addition of 8,500 new locations in the second quarter alone. For fiscal year 2025, Toast expects gross profit from subscription services and FinTech solutions to rise to between $1.815 billion and $1.835 billion, demonstrating growth from the earlier range of $1.775-$1.795 billion.
Bears say
The outlook for Toast's stock is negatively impacted by potential stagnation in recurring revenue growth, particularly in the event of a prolonged economic downturn that may inhibit consumer spending and slow new restaurant openings. The company currently operates at a loss due to significant ongoing investments aimed at growth, raising concerns about its ability to scale effectively while facing execution risks. Furthermore, persistent supply chain challenges, such as chip shortages, may lead to hardware bottlenecks that could hinder customer onboarding and overall growth, compounded by projected higher tariff-related expenses in the latter half of the fiscal year.
This aggregate rating is based on analysts' research of Toast and is not a guaranteed prediction by Public.com or investment advice.
Toast (TOST) Analyst Forecast & Price Prediction
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