GoTab, Inc. is a private contactless ordering and payment platform Restaurants, hotels and sporting venues ripe for technology adoption Serves more than 500 large & mid-sized full-service food & beverage […]
Olo (NYSE: OLO) and Toast (NYSE: TOST) are no exceptions, falling 74% and 67% from their IPO dates, respectively. Toast and Olo are rivals in this space, with Olo providing back-end software tools to optimize digital ordering and Toast covering all of a restaurant's digital applications, from point-of-sale services to payroll. Olo simplifies this, and it also provides digital solutions for any mode of ordering, from drive-thru to delivery.
The average of price targets set by Wall Street analysts indicates a potential upside of 56.6% in Toast (TOST). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.