Toast’s cloud-based platform streamlines operations from POS to inventory and reservations. The fact that it is tailor-made for the restaurant industry is a product's competitive advantage. The ...
Shares of restaurant software provider Toast are down by more than half from the all-time highwater mark they set in 2021. An investment bank analyst note recently suggested the stock can climb about ...
Andrew Kessel was a breaking news writer for Investopedia until October 2025. He previously covered markets for Proactive Investors, with a focus on small-cap stocks in fintech, healthcare, mining, ...
Location additions accelerated from a quarterly average of 5,500 in FY22 to an unexpected record high of 7,500 in 2Q23. Toast achieved positive free cash flow in the second quarter, meaning they are ...
Technology innovation often comes in waves, but the restaurant industry saw its surf get bigger and stronger due in part to the pandemic. Startups stepped up across the industry to help restaurants ...
Toast reported strong Q1 results, with its annual recurring revenue climbing 32%. It has a long runway in front of it, being in only 13% of U.S. restaurant locations. For investors, the stock should ...
Mizuho analyst Dan Dolev maintained Toast Inc TOST with a Buy and lowered the price target from $24 to $23. Toast's 4Q results were strong. Yet the -23% stock reaction yesterday was primarily driven ...
Up more than 60% year to date, Toast (NYSE: TOST) stock has had a strong run in 2024, and a recent price increase could extend the restaurant software company's momentum into next year as well. The ...
IN THE WAKE OF YOUR DEVASTATING LOSS WITH LOVE. TAYLOR SWIFT, NEW ON FIVE. THIS NOON, BOSTON BASED TOAST IS SLASHING JOBS. THE RESTAURANT SOFTWARE FIRM SAYS IT’S CUTTING 550 POSITIONS, WHICH IS ABOUT ...
(Reuters) - Toast Inc, a cloud-based restaurant software company, is planning an initial public offering that could value it at around $20 billion, the Wall Street Journal reported on Sunday.
Toast said it would lay off 550 employees, resulting in $45 million to $55 million charges, mostly in the first quarter. The maker of restaurant software reported better-than-expected results, but ...
What Happened? A number of stocks fell in the afternoon session after fears of disruption from artificial intelligence ...