Toast, Inc. (nyse: tost) is one of the Best actions in which invest in long -term growth. On August 6, JP Morgan maintained his Neutral The note on Toast, Inc. (NYSE: TOST), but increased its course target for the share from $ 42 to $ 52. The new price goal represents a solid increase of 19.2% compared to the current market price of $ 43.62. JP Morgan cited solid benefits from the T2, but remains cautious by its neutral note due to the evaluation of the action.
The company said a turnover of $ 1.55 billion for the quarter, growth of 25% on the other, and beat Wall Street estimates of $ 1.52 billion. The toast has also improved its margins in the last quarters. The net margin of the Q2 was 5.16%, against 1.13% for the same quarter last year. The company reported a BPA of $ 0.249, beating estimates by analysts of $ 0.225.
The growth of the company can be attributed to a number of factors. He declared a record of 8,500 new net added locations, expanding his base to 148,000 locations. The company broadcasts its wings in the world because it has started its operations in Australia, its fourth market. The company has also seen a deeper commitment of customers thanks to its new AI features as Toastiq, which helps to improve restaurant operations thanks to automated workflows.
Toast provides a one -looking shop, software and hard -based hardware platforms for restaurants. These platforms help customers manage online order, points of sale, pay and marketing, among other operations in the same system.
Although we recognize the potential of TOST as an investment, we believe that certain AI actions offer greater upward potential and have a less unknown risk. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.
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