Toast: Provider of restaurant technologies could double its market share - margin fears are exaggerated!

Toast (TOST, i) is regarded as an all-in-one digital technology platform for efficient and profitable restaurant operations. Canaccord sees a doubling of domestic market shares from currently about 15% as possible in the coming years. The customer base grew by 25% last quarter to 140,000 locations, with Morgan Stanley suggesting that more than doubling to 300,000 locations could be achieved by 2031. Overall, the potential with achievable 1.4 million locations is only about 10% tapped. Progress is being made in the ongoing internationalization and...