
Toast (TOST) Stock Forecast & Price Target
Toast (TOST) Analyst Ratings
Bulls say
Toast's adjusted EBITDA for fiscal 2024 is expected to range between $565 million and $585 million, up from a prior range of $540 million to $560 million, indicating strong operational performance. Moreover, the company is experiencing significant market penetration, having added a record 8,500 locations in the second quarter alone, which highlights its growing share within the US restaurant sector. For fiscal year 2025, Toast anticipates gross profit from subscription services and FinTech solutions to be between $1.815 billion and $1.835 billion, an increase from the previously estimated range, further demonstrating strong revenue potential and growth prospects.
Bears say
The financial outlook for Toast reflects several pressing concerns, particularly the potential stagnation of recurring revenue growth, which may result from a prolonged economic downturn impacting consumer spending and the rate of new restaurant openings. Additionally, Toast is currently operating at a loss due to continuing investments aimed at growth, raising execution risks if the company fails to scale effectively. Compounding these issues, ongoing supply chain challenges, specifically chip shortages, threaten to delay customer onboarding and impede growth, further straining the company's financial performance in a competitive and maturing payments industry.
This aggregate rating is based on analysts' research of Toast and is not a guaranteed prediction by Public.com or investment advice.
Toast (TOST) Analyst Forecast & Price Prediction
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