Skip to content
Fear and GreedStocks35Crypto25
Start for free

Toast stock

TOSTNYSE

Toast, Inc., TechnologyISIN US8887871080

$33.54▼ $0.56 (−1.6%)Closing price of 12 Nov 2026

68Score 68 out of 100, Neutral

Turn on early warning

Price and trend

88 / 100

Price history

−13% in one year

The chart shows daily closes over 5 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 14% above it.

Trend change

Since August 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Normal: the price is neither overheated nor sold off (RSI 56).

Distance to the high

The price is 13% below its 52-week high. Largest decline in 5 years: 81% (November 2021 to May 2022).

Chart figures for advanced users
SMA 50$31.85
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$29.39
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)56
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$22.33
The lowest closing price of the last twelve months.
Resistance$38.34
The highest closing price of the last twelve months.
What would $1,000 in Toast have become?Return triangle for Toast
Market cap
$19.74B
Div. yield
no dividend
37.3
on reported earnings of the last twelve months
20.2
on earnings for the next twelve months ($1.69 per share)
Fair value
$38.62

Snapshot

Computed from the data by fixed rules, no AI

  • Toast, Inc. belongs to the Software (Infrastructure) industry (United States) and, with a market value of $19.42B, is number 20 of 97 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $6.15B (up 24.1% year on year) and earnings of $342M (up 1,700%).
  • For fiscal 2026, analysts expect on average revenue of $7.49B (up 21.7%) and adjusted earnings per share of $1.41 (up 52.9%).
Show more
  • MEQIRI Score 68 out of 100 (Neutral): rank 280 of 857 in Technology, median 61.
  • The P/E is 36.6 (Software (Infrastructure) median 26.3, own median of recent years 60.2).
  • Our model puts fair value at $38.62, with the price 12% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Growing faster than its industryRevenue up 49.5% a year since 2020, Software (Infrastructure) median 18%.Growth 70
  • More cash than debtCash $1.89B, financial debt $0.Stability 85
  • Analysts expect strong earnings growthUp 22.9% a year through 2028 (estimates from 16 analysts).Growth 70

Weaknesses

  • DilutionShare count up 26% since 2020.Capital allocation 54
  • Volatile share priceVolatility 45% a year over the last 12 months.
68/ 100
MEQIRI Score
Neutral

Its standout strengths are technical analysis and stability, while valuation holds the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

The fundamentals are in the middle range.

Profit consistency29% of years
Cash conversion (free cash flow to earnings, 12 months)110%
ROIC (12 months)24.0%
Positive free cash flow43% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among stocks ranked 101 to 1,000.

From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.

Valuation

Valuation signal

Fairly valued
Price
$34.10
Fair value
$38.62
Gap to fair value
−12%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $27.58 and expensive above $64.36 (uncertainty high, based on the price swings of the past year).

The two parts of the fair value come to $53.17 (cash-flow model) and $24.06 (industry comparison), and the gap between them shows how uncertain the estimate is.

Calculated with a cost of equity of 9.2%. At 10.2% the fair value would be $34.31, at 8.2% it would be $44.92.

Valuation metrics

1.56
29.5
Fair value (model)
$38.62
Earnings part $24.06 (earnings per share $0.92 × 26.3)

Half from the cash-flow model, half from earnings times the industry P/E (26.3).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

7 years

In the twelve months to 30 Sep 2026, revenue rose 22.1% on the twelve months before. Revenue has grown strongly since 2019, at around 45% per year.

Margins

7 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 26%, operating 5%, net 6%.

Debt & balance sheet

latest quarter
0.02
> 100x
2.66
Cash & equivalents
$1.89B

The balance sheet is solid, with low debt and comfortable interest coverage.

Earnings

Next earnings
11 Feb 2027in 91 days
Last reported
3 Nov 2026EPS reported $0.29 (expected $0.37)below expectations

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 202621 analysts
Earnings per share
$1.41+2.4%
Revenue
$7.49B+0.2%
Fiscal 202721 analysts
Earnings per share
$1.73+0.4%
Revenue
$8.89B+0.5%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: +6.1%

2026 outlook raised: recurring gross profit to grow 23% to 25% and adjusted EBITDA of $805 million to $825 million.

Supporting passage from the call, verbatim
“We now expect recurring gross profit to grow 23% to 25% and adjusted EBITDA to be $805 million to $825 million.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 4 Aug 2026 (fiscal Q2 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 7 insiders sold, $24.18M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

  • Chapman-Hughes SusanSale

    11 Nov 2026, Board

    Shares
    6,885
    Price
    $34.13
    Value
    $234,985
  • Vassil JonathanSale

    4 Nov 2026, Chief Revenue Officer

    Shares
    4,600
    Price
    $36.00
    Value
    $165,618
  • Niola RossanaSale

    3 Nov 2026, Principal Accounting Officer

    Shares
    1,128
    Price
    $33.46
    Value
    $37,737
Show 31 more
  • Vassil JonathanSale

    2 Nov 2026, Chief Revenue Officer

    Shares
    14,280
    Price
    $33.70
    Value
    $481,223
  • Vassil JonathanSale

    5 Oct 2026, Chief Revenue Officer

    Shares
    7,623
    Price
    $30.19
    Value
    $230,169
  • Gomez ElenaSale

    2 Oct 2026, President, CFO

    Shares
    11,886
    Price
    $29.35
    Value
    $348,902
  • Fredette StephenSale

    2 Oct 2026, President

    Shares
    9,368
    Price
    $29.35
    Value
    $274,988
  • Narang AmanSale

    2 Oct 2026, CEO

    Shares
    14,713
    Price
    $29.35
    Value
    $431,885
  • Elworthy Brian RSale

    2 Oct 2026, General Counsel

    Shares
    6,507
    Price
    $29.35
    Value
    $191,006
  • Vassil JonathanSale

    2 Oct 2026, Chief Revenue Officer

    Shares
    13,465
    Price
    $29.69
    Value
    $399,765
  • Vassil JonathanSale

    2 Sept 2026, Chief Revenue Officer

    Shares
    14,280
    Price
    $33.90
    Value
    $484,056
  • Vassil JonathanSale

    21 Aug 2026, Chief Revenue Officer

    Shares
    85,280
    Price
    $36.34
    Value
    $3.1M
  • Vassil JonathanSale

    19 Aug 2026, Chief Revenue Officer

    Shares
    13,931
    Price
    $36.01
    Value
    $501,697
  • Vassil JonathanSale

    11 Aug 2026, Chief Revenue Officer

    Shares
    13,797
    Price
    $36.01
    Value
    $496,858
  • Narang AmanSale

    10 Aug 2026, CEO

    Shares
    119,843
    Price
    $35.38
    Value
    $4.24M
  • Gomez ElenaSale

    10 Aug 2026, President, CFO

    Shares
    5,761
    Price
    $35.37
    Value
    $203,772
  • Narang AmanSale

    7 Aug 2026, CEO

    Shares
    42,105
    Price
    $35.13
    Value
    $1.48M
  • Gomez ElenaSale

    7 Aug 2026, President, CFO

    Shares
    2,163
    Price
    $35.10
    Value
    $75,926
  • Narang AmanSale

    6 Aug 2026, CEO

    Shares
    13,510
    Price
    $35.02
    Value
    $473,134
  • Gomez ElenaSale

    6 Aug 2026, President, CFO

    Shares
    900
    Price
    $35.02
    Value
    $31,515
  • Narang AmanSale

    5 Aug 2026, CEO

    Shares
    124,542
    Price
    $35.29
    Value
    $4.4M
  • Vassil JonathanSale

    5 Aug 2026, Chief Revenue Officer

    Shares
    4,700
    Price
    $36.02
    Value
    $169,308
  • Gomez ElenaSale

    5 Aug 2026, President, CFO

    Shares
    16,176
    Price
    $35.29
    Value
    $570,903
  • Niola RossanaSale

    4 Aug 2026, Principal Accounting Officer

    Shares
    2,298
    Price
    $33.45
    Value
    $76,859
  • Vassil JonathanSale

    3 Aug 2026, Chief Revenue Officer

    Shares
    14,280
    Price
    $32.89
    Value
    $469,626
  • Vassil JonathanSale

    14 Jul 2026, Chief Revenue Officer

    Shares
    2,000
    Price
    $30.02
    Value
    $60,036
  • Vassil JonathanSale

    13 Jul 2026, Chief Revenue Officer

    Shares
    9,170
    Price
    $30.19
    Value
    $276,870
  • Vassil JonathanSale

    7 Jul 2026, Chief Revenue Officer

    Shares
    3,150
    Price
    $30.03
    Value
    $94,591
  • Vassil JonathanSale

    2 Jul 2026, Chief Revenue Officer

    Shares
    6,647
    Price
    $28.85
    Value
    $191,759
  • Narang AmanSale

    2 Jul 2026, CEO

    Shares
    14,365
    Price
    $28.85
    Value
    $414,416
  • Elworthy Brian RSale

    2 Jul 2026, General Counsel

    Shares
    6,352
    Price
    $28.85
    Value
    $183,249
  • Fredette StephenSale

    2 Jul 2026, President

    Shares
    9,146
    Price
    $28.85
    Value
    $263,853
  • Gomez ElenaSale

    2 Jul 2026, President, CFO

    Shares
    11,605
    Price
    $28.85
    Value
    $334,793
  • Elworthy Brian RSale

    29 May 2026, General Counsel

    Shares
    108,000
    Price
    $25.89
    Value
    $2.8M

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Toast

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

857 rated companies in Technology

Rank 280 of 857
280/ 857
This company
68
Sector median
61

Categories against the sector median

ProfitabilityMedian of 857 companies71 (median 59)12 above the median
GrowthMedian of 857 companies70 (median 68)2 above the median
FundamentalsMedian of 857 companies58 (median 67)9 below the median
ValuationMedian of 788 companies with a value49 (median 52)3 below the median
StabilityMedian of 857 companies85 (median 67)18 above the median
Capital allocationMedian of 857 companies54 (median 53)1 above the median
Technical analysisMedian of 857 companies88 (median 59)29 above the median
MomentumMedian of 857 companies69 (median 56)13 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Software (Infrastructure)

The next larger and next smaller companies by market value

All 97 Software (Infrastructure) stocks

ETFs that hold Toast

Held by 64 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETFWeightCostFund size
WisdomTree Cloud Computing UCITS ETF USD AccWTEJ1.21%0.40%€300.71M
iShares Digitalisation UCITS ETF2B790.72%0.40%€726.22M
State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY40.54%0.30%€5.27B
Show 5 more
iShares MSCI USA Mid-Cap Equal Weight UCITS ETFQDVC0.50%0.20%€268.74M
Amundi MSCI Digital Economy UCITS ETF AccEBUY0.34%0.45%€96.36M
First Trust US Large Cap Core AlphaDEX UCITS ETFFTGU0.32%0.75%€140.24M
Xtrackers MSCI USA Financials UCITS ETF 1DXUFN0.21%0.12%€1.07B
iShares MSCI World Mid-Cap Equal Weight UCITS ETF USDIS3T0.20%0.30%€408.01M

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Original filings at the SECReport a data error

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 20 Feb 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
Full disclosures, methodology and data sourcesAll ratings of the last 12 monthsHow the score is calculated

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy