Canaccord Genuity Group Lowers ServiceTitan (NASDAQ:TTAN) Price Target to $105.00

ServiceTitan (NASDAQ:TTAN) had its target price reduced by equities research analysts at Canaccord Genuity Group from $140.00 to $105.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 49.96% from the stock’s current price.

A number of other analysts have also weighed in on the stock. BMO Capital Markets cut their price objective on shares of ServiceTitan from $108.00 to $92.00 and set an “outperform” rating on the stock in a research note on Friday. BTIG Research lowered their price target on shares of ServiceTitan from $130.00 to $105.00 and set a “buy” rating on the stock in a report on Thursday. Morgan Stanley cut their price target on ServiceTitan from $131.00 to $118.00 and set an “overweight” rating on the stock in a research report on Friday. TD Cowen boosted their price objective on ServiceTitan from $130.00 to $135.00 and gave the company a “buy” rating in a report on Friday. Finally, Needham & Company LLC lowered their target price on ServiceTitan from $140.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $117.81.

ServiceTitan Stock Performance

Shares of ServiceTitan stock traded down $5.63 on Friday, reaching $70.02. 2,059,755 shares of the stock were exchanged, compared to its average volume of 1,542,289. The business has a 50 day moving average price of $80.03 and a two-hundred day moving average price of $93.80. The firm has a market capitalization of $6.56 billion, a price-to-earnings ratio of -17.16 and a beta of -0.72. ServiceTitan has a twelve month low of $58.01 and a twelve month high of $131.33. The company has a quick ratio of 4.14, a current ratio of 4.14 and a debt-to-equity ratio of 0.07.

ServiceTitan (NASDAQ:TTAN) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.09. ServiceTitan had a negative net margin of 23.91% and a negative return on equity of 10.96%. The company had revenue of $253.99 million for the quarter, compared to the consensus estimate of $245.47 million. During the same quarter in the prior year, the company earned $0.12 EPS. ServiceTitan’s quarterly revenue was up 21.4% on a year-over-year basis. Analysts anticipate that ServiceTitan will post -1.98 earnings per share for the current fiscal year.

Insider Activity

In other ServiceTitan news, CEO Ara Mahdessian sold 32,000 shares of ServiceTitan stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $98.50, for a total value of $3,152,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Vahe Kuzoyan sold 16,388 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $100.62, for a total transaction of $1,648,960.56. Following the completion of the transaction, the president owned 1 shares of the company’s stock, valued at approximately $100.62. This trade represents a 99.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 85,180 shares of company stock worth $8,620,383 in the last ninety days. Corporate insiders own 51.72% of the company’s stock.

Hedge Funds Weigh In On ServiceTitan

A number of large investors have recently bought and sold shares of TTAN. Vanguard Group Inc. boosted its position in shares of ServiceTitan by 538.4% during the 3rd quarter. Vanguard Group Inc. now owns 4,429,930 shares of the company’s stock worth $446,670,000 after purchasing an additional 3,735,968 shares during the period. Truist Financial Corp lifted its stake in ServiceTitan by 84.3% during the third quarter. Truist Financial Corp now owns 42,789 shares of the company’s stock worth $4,314,000 after purchasing an additional 19,577 shares in the last quarter. Thornburg Investment Management Inc. acquired a new position in ServiceTitan during the third quarter worth $8,338,000. Rakuten Investment Management Inc. purchased a new position in shares of ServiceTitan during the third quarter worth $5,376,000. Finally, Sandhill Capital Partners LLC acquired a new stake in shares of ServiceTitan in the third quarter valued at $27,062,000.

Key Headlines Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 revenue and GAAP beat: ServiceTitan reported roughly $254M in Q4 revenue (≈+21% YoY) and reported EPS above Street consensus in company releases, evidence demand and top-line momentum remain intact. Earnings Release
• Positive Sentiment: Leadership hire to accelerate AI/product strategy: ServiceTitan named Abhishek Mathur as CTO and Chief Product Officer, signaling renewed focus on AI-first product investment that could drive longer-term differentiation. CTO Appointment
• Neutral Sentiment: Guidance mixed/inline: Management provided FY‑2027 and Q1 revenue ranges (Q1 revenue guided roughly $255–257M vs. consensus ~252M), which are broadly in line with expectations but left some details on profitability/growth cadence unclear. See the call transcripts and slides for color. Earnings Transcript
• Neutral Sentiment: Investor interest via options and institutional moves: Elevated call-option activity and noted institutional buying in recent filings suggest some investors are placing leveraged bets on a rebound even as others reduce exposure. Options Flow
• Negative Sentiment: Market reaction to mixed message on profitability and forward outlook: Analysts and market commentary described results as “mixed” — top-line beat but margins/operating losses and any conservative tone on FY‑27 prompted caution. Seeking Alpha summarized the call as a stumble given the trade‑off between growth and near‑term profitability. Seeking Alpha: Mixed Results
• Negative Sentiment: Wave of analyst price-target cuts: Several firms trimmed PTs this morning (Wells Fargo, Morgan Stanley, BMO, Needham, BTIG among others), which increases selling pressure even though most kept constructive ratings. Analyst PT Changes
• Negative Sentiment: Insider selling and persistent unprofitability: Recent data flagged concentrated insider sales and continued negative net margins/operating loss despite improving cash generation — factors that can weigh on investor confidence. QuiverQuant: Financials & Insider Activity

About ServiceTitan

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.