What Sent These 10 Stocks Soaring Today?

6. Toast, Inc. (NYSE:TOST)

Toast Inc. saw its share prices surge by 11.43 percent on Friday to end at $40.84 apiece after jumping to profitability in the first quarter of the year.

In its earnings release, Toast, Inc. (NYSE:TOST) said it achieved a net income of $56 million during the period, a reversal from the $83 million net loss in the same period last year.

Revenues were higher by 24 percent to $1.3 billion from $1.07 billion year-on-year, primarily driven by its financial technology solutions and subscription services, which partially offset the decline in revenues from hardware and professional services.

For the full year 2025, Toast, Inc. (NYSE:TOST) expects to book between $1.775 billion and $1.795 billion in revenues from its subscription services and financial technology solutions, or a 25 to 27 percent growth from the first quarter of 2024.

For the second quarter alone, revenues from the same segment are expected to increase by 26 to 29 percent to a range of $435 million to $445 million.