Toast, Inc. (TOST) Upgraded to Buy at Goldman Sachs

Market Context

Toast, Inc. operates in the Technology sector. The stock currently trades at $28.85 with a market capitalization of $21.1B. The stock has declined 33.5% over the past 52 weeks.

Analyst upgrades often act as catalysts for near-term price movement, particularly when they come from major firms with significant institutional following. Goldman Sachs's upgrade suggests their analysts see improving fundamentals, a more favorable risk-reward profile, or upcoming catalysts that could drive the stock higher.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Toast, Inc.

Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 09, 2026	Goldman Sachs	Buy	N/A
Jul 08, 2026	Baird	Neutral	N/A
Jul 08, 2026	Barclays	Overweight	N/A
May 12, 2026	DA Davidson	Neutral	N/A
May 12, 2026	Mizuho	Outperform	N/A

Related Tools: Analyst Ratings Dashboard | View TOST Stock Page