What Would It Take for Investors to Pay More for Toast Stock?

Key Points Toast is posting very strong sales and earnings growth, but the stock is still down nearly 11% year to date. Continuing to establish a strong performance track record and branching into new categories could spur big gains for the stock. 10 stocks we like better than Toast › Toast (NYSE: TOST) is a provider of digital payments and management software services for restaurants and other businesses. The company grew its revenue by roughly 23% year over year to $1.91 billion last quarter, and net income surged 92.5% to roughly $154 million. Despite very strong sales and earnings expansion, investors have seemingly been hesitant to pay a valuation premium to own a piece of Toast's growth story.