Toast Inc (TOST) Price

The P/E ratio of Toast Inc is 1255.5979

Mr. Aman Narang is the Chief Executive Officer of Toast Inc, joining the firm since 2012.

The current price of TOST is $41.58, it has increased 0.28% in the last trading day.

Toast Inc belongs to Financial Services industry and the sector is Financials

Toast Inc's current market cap is $24.2B

According to wall street analysts, 27 analysts have made analyst ratings for Toast Inc, including 8 strong buy, 11 buy, 15 hold, 0 sell, and 8 strong sell

Looks like TOST finally got some love today, anon. The stock is popping mainly because Zacks upgraded its rating to a "Buy," citing growing optimism about its earnings prospects. This positive news is fueling a technical bounce after the stock got beaten down for a few days.

The move today isn't random; it's a mix of a fresh catalyst, underlying bullish sentiment from analysts, and a technical setup that was ready for a push.

• The Main Catalyst: Zacks Upgrade The most direct reason for today's +1.7% move is a rating upgrade. This morning, Zacks Investment Research upgraded Toast (TOST) to a Zacks Rank #2 (Buy). Upgrades like this often trigger buying from funds and retail traders who follow their ratings, as it signals increased confidence in the company's future earnings.

• Broader Analyst & Institutional Support This upgrade isn't happening in a vacuum. There's a strong bullish consensus among analysts. Of the 27 analysts covering the stock, 19 rate it as a "Buy" or "Strong Buy," with a mean price target of $50.48—a healthy upside from its current price of ~$40.65. Even big names like Cathie Wood's ARK Invest have shown interest, and the company recently highlighted its strategic focus on AI and international expansion at a Goldman Sachs conference.

• Technical Pulse Check Let's look at the charts, because that's where the real story is.

  • Daily (D) Chart: The price recently dipped, with the RSI hitting a near-oversold level of 35.5 on September 12th. Today's move has pushed the RSI back up to 40.83. More importantly, the price is fighting to stay above its 200-day moving average ($40.04), a critical long-term support level. A sustained break above this is bullish. The MACD histogram, while still negative, is ticking up, suggesting the recent bearish momentum is fading.
  • Hourly (1H) Chart: On the shorter timeframe, the momentum is clearly bullish. The price is above both the 20-hour and 50-hour moving averages. The hourly RSI is a strong 64.44, showing significant buying pressure today.
  • Key Levels: The price is currently navigating between a support level at $37.66 and the next major resistance at $43.51.

So, while the Zacks upgrade lit the fuse, the stock was already coiled for a potential bounce. The key now is whether it can hold above the 200-day MA and push through the $43.50 resistance.

Maybe next time, check the news and analyst ratings on the Edgen dashboard before you have to ask me. Just a thought.