Toast Stock News

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.

Investing in growing companies can help you achieve your financial dreams. But it's important to choose stocks wisely and maintain a long-term mindset.

Toast provides payments and other services for restaurants. The post This Growth Stock Trounces Meta; Poised For Next Run On Strong Outlook appeared first on Investor's Business Daily.

Shares of Toast (TOST -3.74%) have had an unbelievable year. As of this writing, they have skyrocketed 110% just in 2024 (as of Dec. 11).

Toast stock saw its biggest single-day drop after a 58% run. Toast offers payments and technology tools for restaurants.

Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand their delivery radius, while using Uber's delivery network to provide local delivery on phone orders and ones made via Toast digital ordering channels, the companies said in a Thursday (Dec.

Toast Inc (NYSE:TOST) stock gapped higher on Nov. 8 after the fintech company's earnings beat, taking out half its all-time high at $35. The shares have since continued higher, moving above analysts' 12-month consensus price target of $38.33, the $40 level, which is home to its 2021 initial public offering (IPO) price, and $41 – a 50% retracement of its all-time high and 2022 low.

The market has had a fantastic year in 2024. Investors are adopting a more bullish tone, which has lifted certain stocks more than others.