Added to YB: 2026-02-18
Pitch date: 2026-02-13
TOST [neutral]
Toast, Inc.
+0.6%
current return
Author Info
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Company Info
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.
Market Cap
$16.3B
Pitch Price
$27.48
Price Target
N/A
Dividend
N/A
EV/EBITDA
37.59
P/E
49.39
EV/Sales
2.33
Sector
Financial Services
Category
growth
Toast wraps up a VERY strong 2025
TOST (update): Q4 beat on all metrics, 164k locations (+8k). FY26 guide: $2.27-2.3B GP (20-22% growth), $775-795M adj EBITDA, but implies 2-4% deceleration vs 18-19% location adds. Historically sandbags 7-8%. Trading $93k/location (9x GP/loc), growing to ~300k locs by 2030 = $51k/loc (4.5x). Risks: macro, competition. Bullish on AI. 12% SBC (down from 17%)
Read full article (5 min)