Toast, Inc. (NYSE:ToastHe is one of The best stocks to invest in long -term growth. On August 6, JP Morgan maintains neutral TOST Classification, Inc. (NYSE: TOST), but its target price increased from $ 42 to $ 52. The new goal represents the upper price of 19.2 % of the current market price of $ 43.62. JP Morgan cited strong Q2 profits, but it is still cautious with its neutral classification due to the argument of the arrow.
The company has announced revenues of $ 1.55 billion per quarter, 25 % growth year, and overcame the 1.52 billion dollars Wall Street estimates. Toast has also been steadily improved from its margins during the past few quarters. The net margin of Q2 reached 5.16 %, compared to 1.13 % for the same quarter last year. The company reported the profitability of the stock of $ 0.249, and easily won the estimates of the analysts of $ 0.225.
The company’s growth can be attributed to a number of factors. It has been reported to a record number 8500 new net sites, which expands its base to 148,000 sites. The company publishes its wings worldwide, as its operations began in Australia, the fourth market. The company has also witnessed a deeper participation of the customer through new artificial intelligence features such as Toastiq, which helps to enhance restaurants through automatic workflow.
Toast provides one store from the store, cloud -based programs and restaurants platforms. These platforms help customer management online demand, points of sale, salaries, and marketing, among other operations under one system.
Although we acknowledge the potential of TOST as an investment, we believe that some artificial intelligence shares provide greater potential in the upward direction and carry less risks on the negative side. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.
Read the following: 10 best consumer shares high -growth for purchase now and 10 best growth shares to buy according to analysts
Detection: Nothing.
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