Is Toast Stock a Buy?

By Travis Hoium – Dec 16, 2023 at 7:00AM

NYSE: TOST

Toast

Market Cap

$13B

Today's Change

(3.42%) $0.79

Current Price

$23.91

Price as of April 26, 2024, 4:00 p.m. ET

Toast has been beaten up since coming public, but it may be worth a second look.

Toast (TOST 3.42%) has been a poor-performing stock since coming public, but the business itself is doing well. More restaurants are adopting the company's technology and revenue growth has been astronomical.

In this video, Travis Hoium covers the company's growth and why investors will still want to be cautious with Toast stock.

*Stock prices used were end-of-day prices of Dec. 12, 2023. The video was published on Dec. 13, 2023.

Travis Hoium has positions in Block and PayPal. The Motley Fool has positions in and recommends Block and PayPal. The Motley Fool recommends Toast and recommends the following options: short December 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.