Toast, Inc. (TOST): A Bull Case Theory

We came across a bullish thesis on Toast, Inc. (TOST) on Denis Gorbunov’s Substack. In this article, we will summarize the bulls’ thesis on TOST. Toast, Inc. (TOST)’s share was trading at $43.45 as of 9th June. TOST’s trailing and forward P/E were 163 and 47.85 respectively according to Yahoo Finance.

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The front counter of the restaurant, with the menu illuminated in the background.

Toast (TOST) is emerging as a mission-critical platform for restaurants by offering a vertically...