Shares of Toast (NYSE:TOST) surged 7.5% after reporting Q4 2025 earnings. Revenue grew 22% to $1.63 billion, beating estimates. GAAP EPS of $0.16 exceeded expectations by 33%, while adjusted EBITDA almost doubled consensus at $298 million. Despite slightly weak EBITDA guidance for 2026, shares rallied, focusing on strong current profitability. The stock closed at $27.37, up 4.7%. Toast has been very volatile, with 21 moves greater than 5% in the past year. Today’s move suggests the market views the news as significant but not game-changing.

The recent market shift towards AI winners and job creation indicators impacting interest rate expectations led to a broad sell-off. Toast is down 19.6% YTD, trading 44.5% below its 52-week high. Investors who bought at IPO in 2021 would see a 56.2% loss. Market changes and interest rate expectations have influenced stock performance.

Read more at Barchart: Why Toast (TOST) Stock Is Trading Up Today