Toast (TOST) Announces Partnership With Alicart

Toast, Inc. (NYSE:TOST) is one of the 10 New Contenders for S&P 500 Index.

Toast (TOST) Announces Partnership With Alicart

On April 21, 2026, Toast, Inc. (NYSE:TOST) announced entering a partnership with Alicart Restaurant Group to power some of the nation’s highest-volume dining destinations, including Carmine’s and Virgil’s Real BBQ. Alicart has been facing extreme scale and needed a platform that could handle it. Accordingly, leveraging the partnership, Alicart uses 20 Toast terminals, including Toast Go® handhelds, in its restaurants to maintain the exceptional speed and hospitality. Kelly Esten, Chief Marketing Officer and Chief Operating Officer of Enterprise, Toast, Inc. (NYSE:TOST), stated:

We are thrilled to provide the human-boosting tech and AI-powered tools they need to stay fast, precise, and focused on the thousands of guests that fill their dining rooms every day.

In a separate event, BMO Capital initiated coverage of Toast, Inc. (NYSE:TOST) with an Outperform rating. The firm has set a target price of $35 on the stock. Toast, Inc. (NYSE:TOST) has long-term potential, supported by distinct and emerging growth drivers, according to the firm’s analyst.

Founded in 2011, Toast, Inc. (NYSE:TOST) is a cloud-based restaurant management software company. Based in Massachusetts, the company offers an all-in-one point of sale (POS) and digital technology platform specifically designed for the hospitality industry.

While we acknowledge the risk and potential of TOST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TOST and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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