Toast (TOST) Stock Price Target 2026

The average analyst price target for Toast is $40.41, 13.9% above the current price. Of 29 analysts, 21 rate it Buy and 8 Hold. Targets range from $26 to $54. The latest change came on Nov 4, 2026, when Morgan Stanley lowered its price target on Toast from $45 to $42 and kept an Overweight rating.

The Average Analyst Price Target for Toast is $40.41.

Price Target Range — 9 Quarters

Analyst Consensus — 29 Analysts

21Buy

8Hold

Consensus RatingBuy# Analysts29Avg. Consensus PT$40.41Upside to Avg. PT+13.9%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Toast Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 4, 2026	Morgan Stanley	Josh Baer	PT Cut	Overweight	$45→$42
Oct 19, 2026	Truist Securities	Matthew Coad	PT Cut	Buy	$39→$38
Oct 15, 2026	B of A Securities	Matthew O'Neill	Reinstates	Buy	$40
Sep 2, 2026	BNP Paribas	Thomas Poutrieux	Downgrade	Outperform→Neutral	$38→$35
Aug 31, 2026	RBC Capital	Daniel R. Perlin	PT Raise	Sector Perform	$36→$44
Aug 12, 2026	Truist Securities	Matthew Coad	PT Raise	Buy	$33→$39
Aug 10, 2026	DA Davidson	Peter Heckmann	PT Raise	Neutral	$30→$34
Aug 6, 2026	Bernstein	Harshita Rawat	PT Raise	Outperform	$39→$45
Aug 5, 2026	UBS	Timothy Chiodo	PT Raise	Buy	$34→$39
Aug 5, 2026	Citigroup	Bryan Keane	PT Raise	Buy	$36→$39
Aug 5, 2026	Oppenheimer	Rayna Kumar	PT Raise	Outperform	$36→$38
Aug 5, 2026	RBC Capital	Daniel R. Perlin	PT Raise	Sector Perform	$31→$36
Aug 5, 2026	Keefe, Bruyette & Woods	Sanjay Sakhrani	PT Raise	Market Perform	$30→$35
Aug 5, 2026	Wells Fargo	Jason Kupferberg	PT Raise	Overweight	$36→$40
Aug 5, 2026	Evercore ISI Group	Adam Frisch	PT Raise	Outperform	$35→$40
Aug 5, 2026	Barclays	Nik Cremo	PT Raise	Overweight	$35→$39
Aug 5, 2026	BMO Capital	Andrew Bauch	PT Raise	Outperform	$35→$40
Aug 5, 2026	Needham	Mayank Tandon	PT Raise	Buy	$35→$45
Aug 5, 2026	Piper Sandler	Billy Fitzsimmons	PT Raise	Overweight	$32→$39
Jul 29, 2026	DA Davidson	Peter Heckmann	PT Raise	Neutral	$28→$30