Truist Lowers Toast (TOST) PT to $47 Ahead of Q3 FinTech Earnings

Toast Inc. (NYSE:TOST) is one of the best up and coming stocks to buy right now. On October 24, Truist analyst Matthew Coad lowered the firm’s price target on Toast to $47 from $51 with a Buy rating on the shares. This sentiment was announced as part of the firm’s broader research note that previewed Q3 2025 earnings in the Payments and FinTech sector, as consumer spending has stayed robust in this sector. However, there is speculation that Q4 forecasts for some firms might disappoint the market.

Truist Lowers Toast (TOST) PT to $47 Ahead of Q3 FinTech Earnings

Earlier on October 22, Citi analyst Bryan Keane initiated coverage of Toast with a Buy rating and $51 price target. The firm expects Toast to have over 20% growth rates moving forward, and expects the fintech take rate to be able to rise due to strong pricing power, which will eventually flow to margins.

Toast Inc. (NYSE:TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.

While we acknowledge the potential of TOST to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TOST and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.