Toast Announces First Quarter 2024 Financial Results
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May 8, 2024 6:49 AM EDT
Needham analyst Mayank Tandon raised the price target on Toast Inc. (NYSE: TOST) to $30.00 (from $26.00) while maintaining a Buy rating.
The analyst comments "TOST posted upbeat 1Q24 results, which came in above expectations across the board as the company continues to gain market... More
May 8, 2024 6:33 AM EDT
RBC Capital analyst Daniel Perlin raised the price target on Toast Inc. (NYSE: TOST) to $27.00 (from $23.00) while maintaining a Sector Perform rating.
The analyst comments "Toast delivered a strong quarter with revenue and adj. EBITDA outperformance, displaying execution in its cost... More
May 8, 2024 6:12 AM EDT
Wells Fargo analyst Jeff Cantwell raised the price target on Toast Inc. (NYSE: TOST) to $19.00 (from $17.00) while maintaining a Underweight rating.
The analyst comments "Given the beat and raise, Street expects will inevitably tick higher and reset the valuation floor above our... More
May 7, 2024 4:23 PM EDT
Toast (NYSE: TOST) reported Q1 EPS of ($0.15), $0.01 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.04 billion.
Outlook1
For the second quarter ending June 30, 2024, Toast expects to report:
Non-GAAP subscription... More
