UBS lowered the firm’s price target on Toast (TOST) to $50 from $55 and keeps a Buy rating on the shares. Toast provides initial FY26 commentary suggesting at least 20%+ recurring gross profit, strong core U.S. restaurant margins, and investment behind longer-term growth within its growth markets, the analyst tells investors in a research note. UBS believes Toast is set to benefit from a combination of FinTech pricing and a degree of complementary SaaS pricing going forward.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOST:
- Toast Inc’s Strong Q3 Performance and Strategic Expansion Justify Buy Rating and $60 Price Target
- Toast, Inc. Reports Strong Q3 2025 Financial Performance
- Closing Bell Movers: AMD falls 4% on earnings, Trex, Pinterest down sharply
- Toast reports Q3 adjusted EBITDA $176M vs. $113M last year
- Toast sees Q4 adjusted EBITDA $140M-$150M