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Analysts Lift Price Targets on Toast Amid Strong Growth and Expanding Market Reach

By Habib Ur Rehman | August 30, 2025, 2:18 PM

Toast Inc. (NYSE: TOST) is one of the fastest-growing tech stocks to invest in. On August 6, 2025, multiple analysts updated their ratings on the company following its continued product momentum and expanding market reach. JP Morgan maintained a Neutral rating on the stock while raising its price target from $42 to $52, citing steady operational performance.

Goldman Sachs also reiterated its Neutral stance and lifted its price target to $51, noting solid software and payments growth but maintaining caution due to broader market uncertainties.

Analysts Lift Price Targets on Toast Amid Strong Growth and Expanding Market Reach
Photo by Laust Kehlet on Unsplash

Meanwhile, Canaccord Genuity expressed stronger confidence in Toast’s trajectory, reaffirming a Buy rating and increasing its price target from $48 to $54. The firm highlighted sustained demand across Toast’s hardware and digital solutions, alongside continued adoption of its point-of-sale systems in restaurants and hospitality businesses.

Toast Inc. (NYSE: TOST) is a Boston-based technology company that builds a cloud-powered platform designed specifically for restaurants. Its software integrates point-of-sale systems, digital ordering, payment processing, marketing tools, and analytics into a single ecosystem.

While we acknowledge the potential of TOST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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