Toast (TOST) Stock Forecast & Price Target

$26.75

+0.18 (+0.68%)

(As of 09/17/2024 ET)

Toast - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 19 Analyst Ratings

Based on 19 Wall Street analysts who have issued ratings for Toast in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 1 has given a sell rating, 8 have given a hold rating, 9 have given a buy rating, and 1 has given a strong buy rating for TOST.

Consensus Price Target

$28.33
5.92% Upside

High Forecast	$33.00
Average Forecast	$28.33
Low Forecast	$19.00

According to the 19 analysts' twelve-month price targets for Toast, the average price target is $28.33. The highest price target for TOST is $33.00, while the lowest price target for TOST is $19.00. The average price target represents a forecasted upside of 5.92% from the current price of $26.75.

Type	Current Forecast 9/18/23 to 9/17/24	1 Month Ago 8/19/23 to 8/18/24	3 Months Ago 6/20/23 to 6/19/24	1 Year Ago 9/18/22 to 9/18/23
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	10 Hold rating(s)	10 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$28.33	$28.06	$26.14	$25.22
Forecasted Upside	5.92% Upside	15.81% Upside	13.56% Upside	22.07% Upside

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TOST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TOST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Toast Stock vs. The Competition

Type	Toast	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.53	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.92% Upside	4,855.64% Upside	7.66% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/17/2024	Bank of America 4 of 5 stars		Boost Target	Neutral ➝ Neutral	$26.00 ➝ $28.00	+6.14%
9/12/2024	The Goldman Sachs Group 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$29.00 ➝ $29.00	+13.73%
9/6/2024	Wedbush 3 of 5 stars	N. Setyan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/20/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$25.00 ➝ $28.00	+14.90%
8/7/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$27.00 ➝ $27.00	+17.39%
8/7/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$29.00 ➝ $30.00	+26.74%
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8/7/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$30.00 ➝ $30.00	+24.22%
7/18/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Dolev Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$21.00 ➝ $33.00	+23.99%
5/30/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$28.00 ➝ $28.00	+18.64%
5/29/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$26.00 ➝ $26.00	+9.89%
5/21/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Koning Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/21/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$28.00 ➝ $28.00	+3.84%
5/9/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$20.00 ➝ $25.00	-6.79%
5/8/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$22.00 ➝ $28.00	+6.54%
5/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$17.00 ➝ $19.00	-29.03%
3/28/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$22.00 ➝ $31.00	+25.81%
3/7/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$30.00	+20.58%
3/4/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$32.00	+36.87%
2/7/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$28.00	+52.09%
8/11/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Heckmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$25.00 ➝ $27.00	+13.54%
8/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$23.00 ➝ $25.00	+7.85%
7/11/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$28.00	+22.67%
6/15/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
4/6/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$20.00	+22.17%
4/5/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$26.00 ➝ $24.00	+45.19%
2/17/2023	Sumitomo Mitsui Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$26.00 ➝ $23.00	+14.83%
11/29/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform	$18.00
11/10/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Sheldon Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:39 PM ET.

TOST Forecast - Frequently Asked Questions

What is Toast's forecast for 2024?: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Toast is $28.33, with a high forecast of $33.00 and a low forecast of $19.00.
Should I buy or sell Toast stock right now?: 19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Toast in the last twelve months. There is currently 1 sell rating, 8 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TOST shares.
Does Toast's stock price have much upside?: According to analysts, Toast's stock has a predicted upside of 15.09% based on their 12-month stock forecasts.
Has Toast been upgraded by Wall Street analysts recently?: Over the previous 90 days, Toast's stock had 2 upgrades by analysts.
What analysts cover Toast?: Toast has been rated by research analysts at Bank of America, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Needham & Company LLC, Royal Bank of Canada, The Goldman Sachs Group, and Wedbush in the past 90 days.
Do Wall Street analysts like Toast more than its competitors?: Analysts like Toast less than other "computer and technology" companies. The consensus rating score for Toast is 2.53 while the average consensus rating score for "computer and technology" companies is 2.64. Learn more on how TOST compares to other companies.