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We recently published a list of What Sent These 10 Stocks Soaring Today? In this article, we are going to take a look at where Toast, Inc. (NYSE:TOST) stands against other Friday’s best-performing stocks.
The stock market edged lower on the last day of the trading week as investors sold off positions to mitigate risks from the anticipated trade talks between the US and China this weekend.
The Dow Jones and the S&P 500 both fell by 0.29 percent and 0.07 percent, respectively. In contrast, the tech-heavy Nasdaq ended flat.
Beyond the major indices, 10 companies traded strongly, finishing with as much as double-digit gains, thanks to the continued positive earnings performance and optimistic outlooks.
In this article, we name Friday’s 10 best-performing stocks and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
An aerial shot of a computer server station, highlighting the company's focus on cloud-based technology.
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.
Overall, TOST ranks 6th on our list of Friday’s best-performing stocks. While we acknowledge the potential of TOST as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TOST but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.