How To Buy Toast Shares

Written by James Caldwell
Last updated: 11th August 2024

Looking for a share trading app to trade Toast that ticks all your boxes?

Share Trading Apps Comparison

Trading Platforms:Features:*Go To Site:
dEGIRO sHARE dEALINGDEGIRO are one of largest and cheapest brokers in Europe. Access to over 50 markets in 30 countries. Low commissions/fees. User-friendly, simple platform.

Investing involves risk of loss.

See Deal »
ii Share DealingInteractive Investor are the UK's #1 flat fee platform. Over 350,000 customers.

Capital at risk.

See Deal »
AJ Bell SharedealingAJ Bell offers overseas trading in 24 international markets.

Capital at risk.

See Deal »
IGIG Trade & invest with the world's leading online trading provider.** Trade over 17,000 markets with spread bets and CFDs and invest in thousands of global shares & ETFs.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Capital at risk.

See Deal »
Saxo Bank SAXO Access over 30,000+ stocks across 60+ exchanges worldwide. Ultra competitive pricing. Benefit from extensive charting with 50+ technical indicators, integrated Trade Signals and innovative risk management tools.

Investing involves risk of loss.

See Deal »
HL Share DealingHargreaves Lansdown The UK's #1 broker. Price improvement service helps you get the best price for your shares.

Capital at risk.

See Deal »

*Please note that additional fees may be applied by platform/App providers for their services. ** No 1 For CFDs and spread betting, based on revenue excluding FX (published financial statements, October 2021).

Toast shares priced in IPO at $40, valuing the company at $20 billion . 

Toast shares went public on September 21. The shares are listed on the NYSE under the TOST ticker.

Toast is a software platform that allows you to manage online restaurant orders.

It is also utilized for analytics, reporting, food delivery, employees, purchases, loyalty programs, and menu revisions (for example, quickly adding new dishes or promotions).

Toast’s innovations include unique payment terminals, electronic notepads for taking orders, menu displays, and self-service kiosks.

Toast’s Pre-IPO Financial Performance

Over the last year, Toast has partnered with 48,000 eateries and processed over $38 billion in gross payments.

As of 2020, the company had raised $902 million in financing since its inception in 2011.

The company’s potential valuation is $20 billion, compared to $2.75 billion in 2019.

How to buy Toast shares

Once Toast shares go public, you will need a trading account to invest.

Open a trading account today so you’re ready as soon as the shares hit the price you want.

  1. Select a share platform – See below our top platform picks
  2. Open your share account – To do this, you will need your bank details and national insurance number
  3. Fund your account – You will need to fund your a/c with a debit or credit card or bank transfer
  4. When Toast shares become available, you will need to search for the stock code – Type in the TOST stock code into the search box
  5. Check out the latest info and price for the selected share – Some platforms offer free research and analysis
  6. Buy the share – Nice and easy!

 

IMPORTANT:

No news, feature article or comment should be seen as a personal recommendation to invest. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular plan. If you are at all unsure of the suitability of a particular product, both in respect of its objectives and its risk profile, you should seek independent financial advice.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67%-70% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.