Toast, Inc. (TOST)

Toast Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Toast stock have an average target of 40.7, with a low estimate of 28 and a high estimate of 50. The average target predicts a decrease of -5.06% from the current stock price of 42.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28	$40.7	$42	$50
Change	-34.69%	-5.06%	-2.03%	+16.63%

Analyst Ratings

The average analyst rating for Toast stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	5	5	4	4	4	4
Buy	4	6	6	6	6	7
Hold	11	11	11	11	12	12
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	21	23	22	22	22	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rufus Hone BMO Capital	BMO Capital	Buy Maintains $44 → $45	Buy	Maintains	$44 → $45	+4.97%	May 12, 2025
Josh Baer Morgan Stanley	Morgan Stanley	Buy Maintains $46 → $50	Buy	Maintains	$46 → $50	+16.63%	May 9, 2025
Andrew Bauch Wells Fargo	Wells Fargo	Buy Maintains $39 → $46	Buy	Maintains	$39 → $46	+7.30%	May 9, 2025
Clarke Jeffries Piper Sandler	Piper Sandler	Hold Maintains $35 → $37	Hold	Maintains	$35 → $37	-13.69%	May 9, 2025
Peter Heckmann DA Davidson	DA Davidson	Hold Maintains $42 → $40	Hold	Maintains	$42 → $40	-6.69%	Apr 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

6.18B

Increased by 24.62%

from 4.96B

Revenue Next Year

7.42B

Increased by 20.09%

from 6.18B

EPS This Year

0.47

Increased by 1,453.32%

from 0.03

EPS Next Year

0.72

Increased by 55.52%

from 0.47

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	823.00M	1.71B	2.73B	3.87B	4.96B	6.18B	7.42B	8.74B
Revenue Growth	23.76%	107.17%	60.18%	41.52%	28.33%	24.62%	20.09%	17.69%
EPS	-1.25	-1.68	-0.72	-0.47	0.03	0.47	0.72	1.19
EPS Growth	-	-	-	-	-	1,453.32%	55.52%	63.57%
Forward PE	-	-	-	-	-	92.00	59.15	36.17
No. Analysts	-	-	-	-	-	32	32	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	6.7B	8.0B	9.6B
Avg	6.2B	7.4B	8.7B
Low	5.8B	6.8B	7.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	35.1%	29.3%	28.8%
Avg	24.6%	20.1%	17.7%
Low	16.1%	9.7%	1.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	0.98	1.49	2.04
Avg	0.47	0.72	1.19
Low	0.31	0.54	0.91

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	3,155.0%	220.0%	181.1%
Avg	1,453.3%	55.5%	63.6%
Low	945.3%	15.7%	25.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.