Twitter
Link your Twitter Account to Market Wire News
When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
TOST - Toast: Driving Market Expansion Through Robust Execution
May, 13 2024 03:45 AM
Toast Inc. Class A
2024-05-13 03:45:05 ET
Summary The investment thesis for Toast is that it is prime for a winner-takes-all market in the restaurant SMB segment. 1Q24 witnessed strong execution, marked by rapid merchant location expansion, driving robust subscription and FinTech revenue growth, suggesting that TOST continues to gobble up market share. Excluding the non-recurring restructuring expenses, operating losses would have narrowed, signaling a path to profitability. Forward 1-year valuation implies ~12% upside, maintaining "buy" rating.
Investment Thesis For further details see:
Toast: Driving Market Expansion Through Robust Execution
Stock Information
Company Name:
Toast Inc. Class A
Stock Symbol:
TOST
Market:
NYSE
Get TOST Alerts
News, Short Squeeze, Breakout and More Instantly...
Market Wire News is a media platform, the information on this page was provided by SeekingAlpha via Quote Media. Read our full disclaimer .