Toast Stock Trades Sideways Amid Bearish Sentiment and Upcoming Earnings

Despite no new announcements, Toast Inc (TOST) saw its after-hours price rise slightly to $27.94 (+0.76%), recovering from recent pressure tied to broader weakness in payment stocks following PayPal's disappointing earnings.

• The stock recently experienced a sharp decline, noted down 9.45% earlier, largely attributed to the market reaction to PayPal's weak earnings report.
• Bearish signals persist, highlighted by high put activity, reflected in a Put/Call Ratio of 2.33.
• Investors are looking ahead to the upcoming earnings report scheduled for February 12, where the current analyst consensus remains Buy with a target of $44.82.