Key insights
- An analyst expresses a bullish outlook on TOST, citing strong financial performance (revenue growth, increased profit, low debt), analyst ratings, and a significant stock buyback program. The analyst identifies key support and resistance levels, suggesting a potential entry point around $23 with a stop-loss at $20. This positive sentiment, combined with the buyback, could provide short-term upward pressure on the stock.
TOST at $23, seriously undervalued imo been looking at this one for a while. company is killing it financially but stock got destroyed with the rest of tech the numbers are wild honestly - revenue up 22%, profit went from 19M to 342M in a year, basically no debt. 70% of analysts say buy and literally nobody says sell. they only have like 10% of their market so theres a ton of room left management just authorized 500M in buybacks at these prices which says a lot my levels: 22 support, breaks here and im out 25 gap from may 8 27 big level, been tested 5 times 29 clears the gap 34 fair value area 37-38 where analysts think it should be im looking at entering around 23 with a stop at 20. if it gets above 27 ill add more this isnt advice just sharing what im seeing. thoughts?
I have rundown full analysis on Now, ADBE, and MSFT too