Toast Inc (TOST) stock declined 7.4%, reaching a new 52-week low of $25.40 on February 23, 2026, down from a previous close of $27.07. Recent analyst actions contributed to the decline. Wells Fargo decreased its price target from $47.00 to $36.00 on February 13, while Goldman Sachs reduced its target from $43.00 to $31.00 on February 17. Goldman Sachs assigned a neutral rating. The company reported fourth quarter earnings on February 12, missing consensus estimates. Toast reported earnings per share of $0.16, below the consensus estimate of $0.24. Revenue was $1.63 billion, slightly above the consensus estimate of $1.62 billion. Despite the decline, 17 analysts maintain Buy ratings and 7 have Hold ratings, with an average price target of $40.71. The company added a record 30,000 net locations in 2025 and increased annualized recurring run-rate to over $2.0 billion.
Read full analysisToast Inc (TOST) stock declined 7.4%, reaching a new 52-week low of $25.40 on February 23, 2026, down from a previous close of $27.07. Recent analyst actions contributed to the decline. Wells Fargo decreased its price target from $47.00 to $36.00 on February 13, while Goldman Sachs reduced its target from $43.00 to $31.00 on February 17. Goldman Sachs assigned a neutral rating. The company reported fourth quarter earnings on February 12, missing consensus estimates. Toast reported earnings per share of $0.16, below the consensus estimate of $0.24. Revenue was $1.63 billion, slightly above the consensus estimate of $1.62 billion. Despite the decline, 17 analysts maintain Buy ratings and 7 have Hold ratings, with an average price target of $40.71. The company added a record 30,000 net locations in 2025 and increased annualized recurring run-rate to over $2.0 billion.
Toast provides cloud-based technology for the restaurant industry, including point-of-sale systems, payment processing, and operational management software. The company surpassed $2 billion in annual recurring revenue in 2025 and serves approximately 164,000 locations, but its Q4 GAAP EPS of $0.16 missed the $0.24 consensus despite strong headline revenue and net income figures. The stock has now fallen roughly 30% from late-January levels as analyst price target cuts and fragile sentiment have overwhelmed a $500 million buyback authorization.