Toast, Inc. (TOST) shares fell 4.9% to $35.17 as of August 27, 2026, a moderate decline from the prior close of $36.97. BestStocks flagged the session as a major change for TOST. The move is tied to price move down. Below, we break down what changed for TOST, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
TOST fell 4.9% to $35.17
Toast, Inc. (TOST) moved -5.05% from $37.04 to $35.17 on 2026-08-27 on elevated volume (2.1x the 5-day average). We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was identified. Recent reporting noted decelerating revenue growth over the last two quarters and a Q1 miss on expectations due to declining GPV per unit. TOST earnings scheduled for 2026-11-03; consensus EPS estimate is $0.37.
This summary describes the catalyst and move as first detected on Aug 27, 2026, 4:43 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsMedium confidence
Rel. volume
1.3×
Normal
Vs peers
—
No comparable peers
Market cap
$20.4B
New York Stock Exchange
Analyst target
$38
+7.9% vs price
Price chart
Jul 27 – Aug 27
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Toast, Inc. investors
For Toast, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Toast, Inc. (TOST) moved +4.67% from $32.30 to $33.81 on August 4, 2026; Toast, Inc. (TOST) moved +2.56% from $30.08 to $30.85 on 2026-07-20. Weighing against that: Material negative event; Negative session, down 4.9%. Wall Street's consensus price target sits at $37.94, implying +7.9% upside from $35.17. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality medium (60/100). With earnings roughly 68 days out, the next report is the most likely near-term test of the move.
TOST price reaction
TOST last traded at $35.17, down $1.80 (-4.87%) from the previous close of $36.97. The session traded on 1.3× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $30.84 and $36.97, and it currently sits about 71% of the way up that band.
Bullish and bearish analyst opinions on Toast, Inc. (TOST)
The consensus analyst price target on Toast, Inc. (TOST) is $37.94, 7.9% above the recent $35.17. Over the past 90 days analysts logged 1 upgrade, 17 maintains, and 0 downgrades. Here is how the bullish and bearish cases on TOST line up.
▲ The bullish case
+Wall Street's consensus price target of $37.94 implies +7.9% upside from $35.17.
+The Street's most bullish target is $45.00 (+27.9%).
+1 analyst upgrade in the past 90 days, most recently Goldman Sachs to Buy (2026-07-09).
+Toast, Inc. (TOST) moved +4.67% from $32.30 to $33.81 on August 4, 2026.
▼ The bearish case
−The most bearish analyst target is $30.00 (-14.7%).
−Material negative event.
−Negative session, down 4.9%.
−Toast, Inc. (TOST) moved -3.82% from $30.37 to $29.21 on July 22, 2026.
−TOST moved -3.51% from $29.61 to $28.57 on 2026-07-08.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 27, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Toast reported Q2 2026 revenue of $1.91 billion, up 23.1% year-over-year, beating growth expectations and driving a 3.02% intraday gain to $36.38. The web catalyst also cites recent strategic hospitality expansions, including a partnership with Innspire for hotel mobile ordering, alongside institutional confidence from a major BlackRock stake disclosure. Volume remains below average at 0.60x expected, suggesting limited participation in the move.
Toast reported strong Q2 2026 results with $1.91 billion in revenue and $221 million adjusted EBITDA, beating consensus, while raising full-year 2026 guidance for FinTech and subscription gross profit and adjusted EBITDA. The company also announced a new AI-powered Google Maps ordering integration and a Tabbed mobile payments partnership, prompting analyst upgrades including DA Davidson raising its price target. Stock rose 2.90% to $35.48, though volume (6.4M shares) remained 0.68x the historical average for this point in the session.
Filings2026-08-05+2.9%
Toast, Inc. (TOST) filed its 10-Q on August 5, 2026, covering the second quarter of 2026.
Material / Earnings2026-08-04+3.1%
Toast, Inc. (TOST) reported EPS of $0.34 vs. consensus estimate of $0.32 for Q2 FY2026, beating consensus by 5.5%.
Activity2026-08-04+3.1%
Toast, Inc. (TOST) moved +4.67% from $32.30 to $33.81 on August 4, 2026. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincides with TOST reaching a new 30-day high on modestly elevated volume (1.7x the 5-day average).
Toast stock rose 2.49% to $33.08 ahead of its Q2 earnings report scheduled for August 4, 2026, driven by investor positioning and recent institutional buying activity. According to Yahoo Finance, major funds including Amundi and Lavelle Capital have recently increased stakes, while analysts maintain a "Moderate Buy" consensus supported by 26% year-over-year annual recurring revenue growth. Volume was below average at 0.64x expected for this time of session.
Material / Earnings2026-07-30+0.8%
Toast, Inc. (TOST) moved +3.01% from $31.89 to $32.85 on 2026-07-30, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be driven by technical momentum, with volume near its 5-day average.
Material / Earnings2026-07-28+4.9%
Toast, Inc. (TOST) moved +3.95% from $31.11 to $32.34 on July 28, 2026, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-11-03 (est.)
in 68 days
10-Q Filing (est.)
2026-11-04
Medium impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events
Frequently asked questions about TOST
Why did Toast, Inc. (TOST) stock move?
TOST fell 4.9% to $35.17. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did TOST stock fall?
TOST lost 4.87% ($1.80) versus the prior close of $36.97, last trading at $35.17 on 1.3× average volume.
When is Toast, Inc.'s next earnings date?
TOST's next earnings report is estimated for 2026-11-03 — about 68 days away.
What is the analyst price target for TOST?
The consensus analyst price target for TOST is $37.94, about 7.9% above the current $35.17. Over the past 90 days, analysts recorded 1 upgrade, 17 maintains, and 0 downgrades.
How BestStocks tracks TOST
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for TOST, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 27, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
