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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
10/08/2024 12:09:00 EST
Toast Inc (TOST)
Industry: Software - Infrastructure
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, TOST has been trading in a range between $28.56 and $23.68 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
TOST is trading below resistance at $28.56, about 0% to the upside. There is support at $25.72 -10% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Toast Inc $TOST entered a Green zone 30 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $25.31, a potential down side of -10.15% from the recent price of 28.17. The stock is trading 6.21% (potential upside) below its 52 week high of $29.92 and 104.58 % (potential downside) above its 52 week low of $13.77 - based on the recent price.
Company Summary
Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.
News
| New Toast Mobile Innovations Help Restaurants Increase Revenue by Owning Their Guest Relationships and Brand BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced its Fall Product Release with new mobile features designed to help restaurants unlock new revenue streams, boost their brand presence, and deepen the connection to their guests. Highlights include a Branded Mobile App and SMS Marketing to drive diner engagement on mobile devices. “In today's competitive restaurant environment, reaching new guests and enticing them back again an. Source: Business Wire Tue, 08 Oct 2024 08:00:00 -0400 Sentiment: Neutral |
| 1 Growth Stock Down 58% to Buy Right Now Shares of this software enterprise trade at a compelling valuation. Source: The Motley Fool Sun, 06 Oct 2024 05:58:00 -0400 Sentiment: Positive |
| 3 Soaring Stocks I'd Buy Now With No Hesitation Don't be intimidated by their recent strength -- the market's just pricing in their bigger bullish pictures. Source: The Motley Fool Sat, 05 Oct 2024 03:18:00 -0400 Sentiment: Positive |
| Toast: 30% Upside Ahead Driven By TAM And ARPU Expansion Toast remains a "buy" with a price target of $36, driven by strong revenue growth as it expands into new locations with growing ARPU from deep product innovation. The company reported Q2 FY24 revenue growth of 27% YoY to $1.24B, adding 8,000 net new locations and achieving significant adjusted EBITDA growth of 500% YoY. Despite a 3% YoY decline in GPV per location and macroeconomic risks, Toast's long-term growth story remains intact with promising international and Food & Beverage Retail expansion. Source: Seeking Alpha Fri, 04 Oct 2024 15:20:25 -0400 Sentiment: Positive |
| Toast, Inc. (TOST) is Attracting Investor Attention: Here is What You Should Know Toast (TOST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Source: Zacks Investment Research Thu, 03 Oct 2024 10:05:40 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 29.92 52 Week Low: 13.765 Beta: 1.766 50 Day MA: 25.4104 200 Day MA: 23.3369 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0 Qtr Revenue Growth YOY: 0.27 Forward PE: 39.6825 Trailing PE: 0