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Toast, Inc. (NYSE:TOST) is one of the Best 52-Week Low Stocks to Buy According to Hedge Funds. Toast, Inc. (NYSE:TOST) announced its Q1 2026 earnings report on May 8. The company reported a revenue of $1.63 billion, matching the Wall Street consensus. Management believes the company is off to a good start, with gross profit streams up 27%, driven by 7,000 new net location additions. The company not only raised its outlook but also saw positive analyst sentiment after earnings.

On May 12, Jason Kupferberg, an analyst at Wells Fargo, reiterated a Buy rating on Toast, Inc. (NYSE:TOST) and assigned a price target of $36. The price target suggests a further 61% upside from the current levels. Going forward, the company expects total subscription and fintech gross profits to grow 22% to 24% year over year. For the full year 2026, the company has raised its revenue guidance to 21%-23%. On a positive note, the company is making plans to improve and grow over the next 5 to 10 years. The software company believes it can maintain its 40% EBITDA margin.

Toast, Inc. (NYSE:TOST) is an American company that offers financial technology solutions and restaurant management software. It provides a cloud-based, all-in-one digital technology platform designed for the restaurant industry, offering software and financial technology solutions that help restaurants across the point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management.

While we acknowledge the potential of TOST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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