Top Wall Street Forecasters Revamp Toast Price Expectations Ahead Of Q4 Earnings

Toast, Inc. TOST will release its fourth-quarter financial results, after the closing bell, on Wednesday, Feb. 19, 2025.

Analysts expect the Boston, Massachusetts-based company to report quarterly earnings at 17 cents per share, versus a year-ago loss of 8 cents per share. Toast projects quarterly revenue of $1.32 billion, compared to $1.04 billion a year earlier, according to data from Benzinga Pro.

On Nov. 7, Toast reported better-than-expected third-quarter financial results.

Toast shares gained 3.5% to close at $41.91 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Goldman Sachs analyst Will Nance maintained a Neutral rating and cut the price target from $45 to $40 on Jan. 10, 2025. This analyst has an accuracy rate of 60%.
• BMO Capital analyst Rufus Hone initiated coverage on the stock with an Outperform rating with a price target of $45 on Jan. 6, 2025. This analyst has an accuracy rate of 82%.
• Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained a Market Perform rating and raised the price target from $29 to $40 on Dec. 9, 2024. This analyst has an accuracy rate of 69%.
• DA Davidson analyst Peter Heckmann downgraded the stock from Buy to Neutral and cut the price target from $44 to $38 on Dec. 5, 2024. This analyst has an accuracy rate of 81%.
• Exane BNP Paribas analyst Thomas Poutrieux downgraded the stock from Outperform to Neutral with a price target of $37 on Nov. 20, 2024. This analyst has an accuracy rate of 74%.

Considering buying TOST stock? Here’s what analysts think:

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