(TOST) Toast - Overview

Sector: TechnologyIndustry: Software - Infrastructure | Exchange NYSE (USA) | Currency USD | Market Cap: 15.673m | Total Return -27.5% in 12m

Stock: Restaurant Software, Payment Processing, Hardware, Management Tools

Total Rating 48
Risk 78
Buy Signal -1.05
Risk 5d forecast
Volatility 47.8%
Relative Tail Risk -2.12%
Reward TTM
Sharpe Ratio -0.55
Alpha -45.81
Character TTM
Beta 1.502
Beta Downside 1.671
Drawdowns 3y
Max DD 49.15%
CAGR/Max DD 0.27

EPS (Earnings per Share)

EPS (Earnings per Share) of TOST over the last years for every Quarter: "2021-03": -0.6544, "2021-06": -0.3889, "2021-09": -1.05, "2021-12": -0.15, "2022-03": -0.2, "2022-06": -0.19, "2022-09": -0.15, "2022-12": -0.18, "2023-03": -0.16, "2023-06": -0.11, "2023-09": -0.06, "2023-12": -0.08, "2024-03": -0.15, "2024-06": 0.02, "2024-09": 0.07, "2024-12": 0.05, "2025-03": 0.2, "2025-06": 0.25, "2025-09": 0.28, "2025-12": 0.27,

Revenue

Revenue of TOST over the last years for every Quarter: 2021-03: 282, 2021-06: 426, 2021-09: 486, 2021-12: 514.873, 2022-03: 535, 2022-06: 675, 2022-09: 752, 2022-12: 768, 2023-03: 819, 2023-06: 978, 2023-09: 1032, 2023-12: 1036, 2024-03: 1075, 2024-06: 1242, 2024-09: 1305, 2024-12: 1338, 2025-03: 1337, 2025-06: 1550, 2025-09: 1633, 2025-12: 1633,

Description: TOST Toast March 05, 2026

Toast Inc. (TOST) provides a cloud-based digital platform for the restaurant industry. This Software-as-a-Service (SaaS) business model offers recurring revenue streams.

The platform includes point-of-sale (POS) systems, online ordering, delivery management, and back-office tools like inventory and payroll. The restaurant technology sector is experiencing significant growth due to increasing demand for digital solutions.

Toast also offers integrated payment processing and restaurant-specific hardware. This comprehensive offering aims to address various operational needs for restaurants.

For more detailed financial analysis and competitive positioning, consider exploring ValueRay.

Headlines to watch out for

  • Restaurant new location growth drives subscription and payment volume
  • Payment processing fees are primary revenue source
  • Small business lending interest rates impact restaurant financing
  • Labor costs and inflation pressure restaurant profitability

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 342.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.19 > 0.02 and ΔFCF/TA 6.91 > 1.0
NWC/Revenue: 27.63% < 20% (prev 21.98%; Δ 5.65% < -1%)
CFO/TA 0.21 > 3% & CFO 661.0m > Net Income 342.0m
Net Debt (-1.31b) to EBITDA (389.0m): -3.38 < 3
Current Ratio: 2.75 > 1.5 & < 3
Outstanding Shares: last quarter (607.0m) vs 12m ago 1.17% < -2%
Gross Margin: 25.89% > 18% (prev 0.24%; Δ 2.56k% > 0.5%)
Asset Turnover: 219.4% > 50% (prev 201.4%; Δ 18.06% > 0%)
Interest Coverage Ratio: -14.73 > 6 (EBITDA TTM 389.0m / Interest Expense TTM -22.0m)

Altman Z'' 1.72

A: 0.54 (Total Current Assets 2.67b - Total Current Liabilities 969.0m) / Total Assets 3.15b
B: -0.40 (Retained Earnings -1.26b / Total Assets 3.15b)
C: 0.12 (EBIT TTM 324.0m / Avg Total Assets 2.80b)
D: -1.23 (Book Value of Equity -1.26b / Total Liabilities 1.02b)
Altman-Z'' Score: 1.72 = BBB

Beneish M -3.34

DSRI: 0.89 (Receivables 127.0m/115.0m, Revenue 6.15b/4.96b)
GMI: 0.93 (GM 25.89% / 23.99%)
AQI: 0.61 (AQ_t 0.11 / AQ_t-1 0.18)
SGI: 1.24 (Revenue 6.15b / 4.96b)
TATA: -0.10 (NI 342.0m - CFO 661.0m) / TA 3.15b)
Beneish M-Score: -3.34 (Cap -4..+1) = AA

What is the price of TOST shares?

As of March 29, 2026, the stock is trading at USD 25.64 with a total of 13,564,281 shares traded.
Over the past week, the price has changed by -6.63%, over one month by -6.11%, over three months by -29.77% and over the past year by -27.51%.

Is TOST a buy, sell or hold?

Toast has received a consensus analysts rating of 3.81. Therefore, it is recommended to buy TOST.
  • StrongBuy: 12
  • Buy: 3
  • Hold: 16
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the TOST price?

Issuer Target Up/Down from current
Wallstreet Target Price 37.7 47%
Analysts Target Price 37.7 47%

TOST Fundamental Data Overview March 26, 2026

P/E Trailing = 47.5179
P/E Forward = 20.9644
P/S = 2.5473
P/B = 7.6148
P/EG = 0.2348
Revenue TTM = 6.15b USD
EBIT TTM = 324.0m USD
EBITDA TTM = 389.0m USD
Long Term Debt = 20.0m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = unknown (none)
Debt = 40.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.31b USD (from netDebt column, last quarter)
Enterprise Value = 13.72b USD (15.67b + Debt 40.0m - CCE 1.99b)
Interest Coverage Ratio = -14.73 (Ebit TTM 324.0m / Interest Expense TTM -22.0m)
EV/FCF = 22.57x (Enterprise Value 13.72b / FCF TTM 608.0m)
FCF Yield = 4.43% (FCF TTM 608.0m / Enterprise Value 13.72b)
FCF Margin = 9.88% (FCF TTM 608.0m / Revenue TTM 6.15b)
Net Margin = 5.56% (Net Income TTM 342.0m / Revenue TTM 6.15b)
Gross Margin = 25.89% ((Revenue TTM 6.15b - Cost of Revenue TTM 4.56b) / Revenue TTM)
Gross Margin QoQ = 25.90% (prev 26.45%)
Tobins Q-Ratio = 4.36 (Enterprise Value 13.72b / Total Assets 3.15b)
Interest Expense / Debt = 72.50% (Interest Expense 29.0m / Debt 40.0m)
Taxrate = 0.0% (0.0 / 101.0m)
NOPAT = 324.0m (EBIT 324.0m * (1 - 0.00%))
Current Ratio = 2.75 (Total Current Assets 2.67b / Total Current Liabilities 969.0m)
Debt / Equity = 0.02 (Debt 40.0m / totalStockholderEquity, last quarter 2.12b)
Debt / EBITDA = -3.38 (Net Debt -1.31b / EBITDA 389.0m)
Debt / FCF = -2.16 (Net Debt -1.31b / FCF TTM 608.0m)
Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.20% (Net Income 342.0m / Total Assets 3.15b)
RoE = 17.93% (Net Income TTM 342.0m / Total Stockholder Equity 1.91b)
RoCE = 16.81% (EBIT 324.0m / Capital Employed (Equity 1.91b + L.T.Debt 20.0m))
RoIC = 16.99% (NOPAT 324.0m / Invested Capital 1.91b)
WACC = 11.23% (E(15.67b)/V(15.71b) * Re(11.26%) + (debt cost/tax rate unavailable))
Discount Rate = 11.26% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.92%
[DCF] Terminal Value 71.78% ; FCFF base≈487.2m ; Y1≈601.0m ; Y5≈1.03b
[DCF] Fair Price = 22.54 (EV 10.50b - Net Debt -1.31b = Equity 11.81b / Shares 524.0m; r=11.23% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 93.89 | EPS CAGR: 150.6% | SUE: 0.62 | # QB: 0
Revenue Correlation: 97.74 | Revenue CAGR: 34.66% | SUE: 1.03 | # QB: 3
EPS next Quarter (2026-06-30): EPS=0.32 | Chg7d=-0.002 | Chg30d=+0.006 | Revisions Net=+3 | Analysts=11
EPS current Year (2026-12-31): EPS=1.28 | Chg7d=+0.001 | Chg30d=+0.043 | Revisions Net=+4 | Growth EPS=+26.8% | Growth Revenue=+20.1%
EPS next Year (2027-12-31): EPS=1.63 | Chg7d=+0.033 | Chg30d=+0.090 | Revisions Net=+4 | Growth EPS=+27.0% | Growth Revenue=+17.8%
[Analyst] Revisions Ratio: +0.60 (4 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 9.2% (Discount Rate 11.3% - Earnings Yield 2.1%)
[Growth] Growth Spread = +11.8% (Analyst 20.9% - Implied 9.2%)

Additional Sources for TOST Stock

Fund Manager Positions: Dataroma | Stockcircle