What Do Analysts Think About Toast, Inc. (TOST)?

Toast, Inc. (NYSE:TOST) is one of the best growth stocks under $50 to buy now. In a report released on August 13, Dominick Gabriele from Compass Point maintained a Buy rating on Toast, Inc. (NYSE:TOST) with a price target of $52.00.

Similarly, UBS analyst Timothy Chiodo also maintained a Buy rating on the stock on August 7, setting a price target of $55.00.

In another report released on August 6, Needham also reiterated bullish sentiments for Toast, Inc. (NYSE:TOST) and set a $60.00 price target.

Toast, Inc. (NYSE:TOST) has a consensus rating of Moderate Buy, and its median price target of $40.38 implies an upside of 26.30% from current levels.

Toast, Inc. (NYSE:TOST) develops and provides consumer payment applications for restaurants, offering kiosks, terminals, guest-facing displays, and system accessories. The company’s offerings also include reporting and analytics, point of sale, kitchen display system, and online ordering and delivery.

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.

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Disclosure: None. This article is originally published at Insider Monkey.