Added to YB: 2026-09-03
Pitch date: 2026-08-31
TOST [neutral]
Toast, Inc.
+0.89%
current return
Author Info
No bio for this author
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
$19.7B
Pitch Price
$33.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
37.72
P/E
43.45
EV/Sales
2.64
Sector
Financial Services
Category
growth
Building a Gross Profit Forecast Model for Toast
TOST (watchlist): Toast’s driver-based model forecasts approximately $2.37B of FY ’26 non-GAAP recurring gross profit, $29M above management guidance’s midpoint, while the shares trade at 9.5x FY ’26E and 7.5x FY ’27E valuation gross profit. Q2 ARR rose 25%, and non-GAAP subscription and fintech gross profit rose 28%; key questions are whether ARR remains the strongest historical correlate and whether assumed take-rate and margin gains materialize as forecast growth steps down.
Read full article (6 min)