Toast Inc (NYSE: TOST) Stock Forecast for 2023 with -27.07% Downside

In the latest trading session,, 1.22 million Toast Inc (NYSE:TOST) shares changed hands as the company’s beta touched 1.97. With the company’s most recent per share price at $36.20 changing hands around $0.1 or 0.28% at last look, the market valuation stands at $20.82B. TOST’s current price is a discount, trading about -21.88% off its 52-week high of $44.12. The share price had its 52-week low at $21.32, which suggests the last value was 41.1% up since then. When we look at Toast Inc’s average trading volume, we note the 10-day average is 5.32 million shares, with the 3-month average coming to 7.05 million.

Analysts gave the Toast Inc (TOST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.09. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended TOST as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Toast Inc’s EPS for the current quarter is expected to be 0.19.

Toast Inc (NYSE:TOST) trade information

Instantly TOST is in green as seen in intraday trades today. With action 9.43%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -0.69%, with the 5-day performance at 9.43% in the green. However, in the 30-day time frame, Toast Inc (NYSE:TOST) is 2.35% up. Looking at the short shares, we see there were 27.96 million shares sold at short interest cover period of 4.08 days.

The consensus price target for the stock as assigned by Wall Street analysts is 38, meaning bulls need an upside of 4.74% from its recent market value. According to analyst projections, TOST’s forecast low is 37 with 46 as the target high. To hit the forecast high, the stock’s price needs a -27.07% plunge from its current level, while the stock would need to soar -2.21% for it to hit the projected low.

Toast Inc (TOST) estimates and forecasts

Year-over-year growth is forecast to reach 22.18% up from the last financial year.

Consensus estimates given by 24 financial analysts project the company’s revenue in the current quarter to hit an average of 1.34B. 24 analysts are of the opinion that Toast Inc’s revenue for the current quarter will be 1.53B. The company’s revenue for the corresponding quarters a year ago was 1.07B and 1.24B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 25.00%. The estimates for the next quarter sales put growth at 23.46%.

The 2025 estimates are for Toast Inc earnings to increase by 56.76%, but the outlook for the next 5-year period is at 37.72% per year.

TOST Dividends

Toast Inc is expected to release its next quarterly earnings report on 2025-Feb-18.

Toast Inc (NYSE:TOST)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 9.14% of Toast Inc shares while 92.17% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.45%. There are 92.17% institutions holding the Toast Inc stock share, with CAPITAL INTERNATIONAL INVESTORS the top institutional holder. As of 2024-06-30, the company held 6.871% of the shares, roughly 38.2 million TOST shares worth $984.47 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.7857% or 37.73 million shares worth $972.26 million as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2025 were GROWTH FUND OF AMERICA and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 23.7 shares estimated at $856.15 million under it, the former controlled 4.77% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.82% of the shares, roughly 14.03 shares worth around $506.67 million.