Toast Inc. (TOST) Poised for AI Innovation and International Expansion

Toast Inc. (NYSE:TOST) is one of the best tech stocks to buy, according to Cathie Wood. On September 9, at the Goldman Sachs Communicopia + Technology Conference 2025, the company outlined its strategic priorities, which include innovation in AI and international expansion.

Additionally, the company reiterated its robust growth trajectory, which includes a 31% year-over-year increase in gross profit for the second quarter. The company’s strong growth has positioned it to add over $400 million in annual recurring revenue. Consequently, it has set its sights on investments in AI and R&D as it seeks to accelerate growth.

Toast plans to enhance its total addressable market through AI innovation. Consequently, it plans to develop products such as Sous Chef and an AI Marketing assistant. It also plans to enhance its product capabilities to attract more enterprise customers.

“In Q2, we saw record net ads, like 8,500 net ads in our business, which was a record. We see the same momentum in the back half of the year, continue to accept progress that we’re making,” said CEO Aman Narang.

Toast Inc. (NYSE:TOST) provides an all-in-one restaurant technology platform, including a cloud-based point-of-sale (POS) system and management tools for restaurants and other food service businesses. The system integrates hardware (like POS terminals) and software to handle order taking, payment processing, menu and labor management, online ordering, gift cards, loyalty programs, and more.

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