Toast is rebounding following a recent earnings miss after Sanford C. Bernstein upgraded the stock to 'Strong Buy', citing resilient revenue growth. Despite missing EPS estimates, analysts from Citigroup and Needham maintain positive outlooks, viewing the recent price dip as a strategic entry point.
- Shares initially fell 6.71% to $26.14 after reporting an EPS of $0.16, missing the $0.24 forecast.
- Management confirmed 22% revenue growth remains intact and will present at the Morgan Stanley TMT Conference on March 3, 2026.
- Multiple analysts view the restaurant-tech leader's current valuation as a buying opportunity for long-term investors.