Truist Lowers Toast (TOST) PT to $47 Ahead of Q3 FinTech Earnings

Toast Inc. (NYSE:TOST) is one of the best up and coming stocks to buy right now. On October 24, Truist analyst Matthew Coad lowered the firm’s price target on Toast to $47 from $51 with a Buy rating on the shares. This sentiment was announced as part of the firm’s broader research note that previewed Q3 2025 earnings in the Payments and FinTech sector, as consumer spending has stayed robust in this sector. However, there is speculation that Q4 forecasts for some firms might disappoint the market.

Earlier on October 22, Citi analyst Bryan Keane initiated coverage of Toast with a Buy rating and $51 price target. The firm expects Toast to have over 20% growth rates moving forward, and expects the fintech take rate to be able to rise due to strong pricing power, which will eventually flow to margins.

Toast Inc. (NYSE:TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.

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.