Toast Stock News

It's already disrupting a massive industry.

Wall Street applauded results from fintech companies Upstart and Toast. Both companies reported better-than-expected quarterly results.

Toast (TOST) shares jumped nearly 15% Friday after the restaurant management software company reported third-quarter results that topped estimates and boosted its outlook.

Toast surprised investors in the third quarter, sending the stock skyward again. Here's what you need to know about the company's latest results.

Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience, digital tools that optimize how chefs, servers and owners manage everything from orders to payroll have become the secret ingredient to staying in business.

Fintech stocks Block Inc (NYSE:SQ) and Toast Inc  (NYSE:TOST) are staging opposite post-earnings reactions this morning.

After five consecutive “buy” ratings, I believe the magnitude of the upside has finally shrunk, leading me to rate Toast a “hold” with a price target of $43, as I book profits on my position. The underlying fundamentals of TOST continue to be strong, with Q3 FY24 earnings showing strong revenue growth of 26% YoY and adjusted EBITDA growth of 222% YoY, beating estimates. Some of the key growth d...

Toast stock price is on track to rise for the second consecutive week of gains as investors flock back to fintech companies. Its surge accelerated on Thursday after the company published strong financial results and boosted its forward guidance.