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Added to YB: 2025-09-08

Pitch date: 2025-07-18

TOST [neutral]

Toast, Inc.

-25.9%

current return

Author Info

No bio for this author

Company Info

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

Market Cap

$21.1B

Pitch Price

$46.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

59.66

P/E

84.24

EV/Sales

3.29

Sector

Financial Services

Category

growth

Show full summary:
NZS Capital Portfolio Holding: Toast, Inc.

TOST (holding update): Vertical SaaS + payments for restaurants, founder-led by Aman Narang. Local 'flywheel markets' create network effects, driving sales efficiency. Moving upmarket w/ Marriott, TopGolf, Applebee's wins. Non-GAAP EBITDA margins ~30%, targeting 40%+ like best-in-class vertical software. Down 80% in 2022 created compelling entry.

Read full article (3 min)