Toast Inc. fell 7.1% despite positive financial report, with strong growth forecasted.

From Yahoo Finance: 2025-06-26 13:34:00

Toast, Inc. (TOST) fell 7.10% on Wednesday to $41.50, reflecting broader market pessimism despite UBS maintaining a “buy” rating and $47 price target. TOST reported a Q1 net income of $56 million, a significant turnaround from last year’s $83 million loss. Revenues rose 24% to $1.3 billion, driven by fintech and subscription services.

UBS emphasized TOST’s strong SaaS annual recurring revenues (ARR) and compounding growth rate of at least 30%. For 2025, TOST expects $1.775-1.795 billion in revenues, a 25-27% growth from Q1 2024. Q2 cloud-based technology segment revenues are forecasted to rise by 26-29% to $435-445 million. TOST remains an investment potential, but other AI stocks may offer higher returns.



Read more at Yahoo Finance: Toast Inc. (TOST) Declines 7.1% on Broader Market Downturn