Toast expects Q3 non-GAAP subscription services and financial technology solutions gross profit of $615 mln-$625 mln
Company sees Q3 adjusted EBITDA of $210 mln-$220 mln
Toast raises 2026 full-year non-GAAP gross profit growth outlook to 23%-25%, up from 21%-23%
Company lifts 2026 adjusted EBITDA forecast to $805 mln-$825 mln, up from $790 mln-$810 mln
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Toast Inc is $35.00, about 6.7% above its August 3 closing price of
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