How much did Toast stock decline in 6 months?

Toast stock declined roughly 19% over the past six months.

Why did Goldman Sachs upgrade Toast?

Analysts believe Toast has strong fundamentals and sustainable growth, and that the market has overlooked its potential.

Goldman Sachs Upgrades Overlooked Restaurant Tech Stock Toast

Q: What did Goldman Sachs do regarding Toast stock?

Goldman Sachs upgraded the stock from Neutral to Buy, with a new price target yet to be disclosed.

Goldman Sachs upgraded Toast (TOST) to Buy from Neutral, citing strong fundamentals and overlooked potential. The stock had fallen 19% over the past six months while the S&P 500 gained 7.4%.

July 13, 2026

2 min read

Source: TheStreet

Key Numbers

toast ytd decline

19%

sp500 gain

7.4%

timeframe

6 months

Goldman Sachs has reversed its stance on Toast (TOST), the restaurant technology company behind the tablets at your local eatery. Analysts upgraded the stock from Neutral to Buy, with a new price target yet to be disclosed. The upgrade comes after TOST declined roughly 19% over the past six months, even as the S&P 500 gained 7.4%.

Rating Change

Previous Rating: Neutral
New Rating: Buy
Price Target: Not yet disclosed

Analyst Rationale

Goldman Sachs analysts believe Toast has strong fundamentals and sustainable growth in the restaurant technology sector, despite recent underperformance. They argue the market has overlooked the company's potential, creating an attractive entry point.

Context

Toast has been one of the market's overlooked names this year, as AI stocks captured most investor attention. The stock fell about 19% over six months. No other analysts have issued similar commentary yet.

What to Make of It

Goldman's upgrade may signal that the stock is undervalued. Investors should watch for the new price target and upcoming earnings to assess the opportunity.

Frequently Asked Questions

Toast is a restaurant technology company providing point-of-sale and payment tablet systems. Its stock trades under the ticker TOST.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.