Truist Maintains Buy Rating on Toast (TOST)

On May 12, 2026, Truist lowered the firm’s terms people connected Toast, Inc. (NYSE:TOST) to $30 from $36 portion maintaining a Buy standing connected the shares. The steadfast updated its exemplary pursuing the company’s Q1 results, noting that its recurring gross nett estimates were modestly reduced for the coming quarters owed to a much blimpish outlook for nett determination additions.

Meanwhile, Oppenheimer expert Rayna Kumar lowered the firm’s terms people connected Toast, Inc. (NYSE:TOST) to $36 from $39 portion maintaining an Outperform standing connected the shares. The steadfast said Toast delivered a coagulated quarter, with some gross and adjusted EBITDA exceeding expectations. Oppenheimer besides noted that nett determination additions came successful up of forecasts and absorption raised its FY26 guidance, reinforcing assurance successful the company’s longer-term outlook and continued marketplace stock gains.

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On May 7, 2026, Toast, Inc. (NYSE:TOST) reported Q1 EPS of 20c, versus the statement estimation of 15c. Revenue totaled $1.63B, successful enactment with the statement estimate. CEO Aman Narang said the institution began 2026 with beardown momentum, highlighted by 27% maturation successful recurring gross profit, enlargement successful GAAP operating income borderline to 21%, and the summation of astir 7,000 nett locations during the quarter. Narang besides said AI is helping Toast accelerate merchandise improvement and amended lawsuit outcomes, pointing to the motorboat of Toast IQ Grow, which includes the company’s archetypal AI cause designed to assistance restaurants amended their integer beingness and thrust demand.

Toast, Inc. (NYSE:TOST) operates a cloud-based integer exertion level serving the edifice manufacture crossed the United States and planetary markets.

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