Toast: A High-Growth Specialist With AI Tailwinds

Toast offers a compelling risk/reward profile as a resilient mid-cap growth compounder currently trading at a significant discount. TOST's 2025 metrics show 22% location growth to 164,000, 24% revenue growth to $6.15B, and 26% ARR growth to $2.05B, highlighting robust operating momentum. AI integration, expanding enterprise wins, and a shift toward higher-margin software/fintech services are strengthening TOST's competitive moat and long-term economics.