Toast, Inc. (TOST) - Stock Analysis

Last updated: Aug 22, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Strong short-term momentum setup: stock rose about 21% over 21 trading days and made new highs into 2026-07-14. Support comes from S&P MidCap 400 addition, Toast IQ Grow product momentum, revenue growth, strong cash flow, and raised guidance.

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Idea window: 7/14/2026 – 7/21/2026Sector: Technology

AI Analyst Overview

Last Price
$35.38
Market Cap
$20.40B
1D Return
+0.60%
YTD Return
-0.37%

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Valuation Metrics

P/E
42.4
P/B
9.9
P/S
3.0
EV/EBITDA
37.9
Div Yield
—

Fundamental Analysis

7.0

Key Financial Insights: • Improving Margins • Strong Cash Flow • Declining Liquidity TOST is cash-rich, debt-light, and improving profitability, but declining liquidity, negative retained earnings, dilution costs, and an elevated valuation temper the outlook.

CashRich
HighValuation

Price Behavior

7.0

Key Price Behavior Insights: • Strong Uptrend • Breakout Above Peak • Pullback Risk Support Level: $35.15–$34.95; stronger at $34.06 and $32.79–$32.27 Resistance Level: $35.69 TOST surged about 26% last month and broke above $35.69, but its overbought RSI near 72 raises pullback risk; holding above $35.69 is bullish, while falling below $34.95 weakens the setup.

Bullish
Overbought

Sentiment & News

7.0

Key News Insights: • Earnings Beat • Guidance Raised • Selling Pressure Toast beat Q2 expectations, added a record 9,500 locations, raised guidance, and is investing in AI and expansion despite slowing growth, valuation concerns, and insider/institutional selling.

Toast
InsiderSelling
AI

AI Summary

7.0
Positive

Toast is transitioning from a restaurant-location growth story to a monetization and per-share earnings test, making rising recurring gross profit per location, EPS conversion, and dilution control the key validation metrics amid elevated valuation and pullback risk.

Monetization
Valuation
ExecutionRisk
AI summary updated 6 days ago

Description

Toast, Inc. provides a cloud-based technology platform for restaurants in the United States and Ireland, combining point-of-sale hardware, handheld and kiosk devices, and kitchen display systems with order-and-pay, online ordering, and delivery management capabilities. The company also offers back-office services including payroll and team management, payment processing, financing and loans, loyalty and gift card programs, insurance products, and reporting and analytics, plus an ecosystem of partner integrations via APIs. Founded in 2011, Toast is headquartered in Boston, Massachusetts.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jul 14Jul 21TOSTToast, Inc.
Strong short-term momentum setup: stock rose about 21% over 21 trading days and made new highs into 2026-07-14. Support comes from S&P MidCap 400 addition, Toast IQ Grow product momentum, revenue growth, strong cash flow, and raised guidance.
Closed+1.2%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.