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Added to YB: 2024-03-06

Pitch date: 2024-03-06

TOST [bullish]

Toast, Inc.

+40.28%

current return

Author Info

@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.

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

$25.15

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:
Toast's Growth Strategy: Leveraging Market Share and Productivity Gains

$TOST: Solid prod exec, GTM+20% share in 30% mkts w/10% higher prod. Price hikes in '23 w/full impact in '25. Ent traction, 1k intl loc. $100M opex cut (2/3 PF,1/3 SBC). Seems like straightfwd prod cycle story w/ expensive stk.

Read full article (2 min)