ServiceTitan (NASDAQ:TTAN – Free Report) had its target price trimmed by Truist Financial from $130.00 to $100.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently weighed in on TTAN. Wells Fargo & Company lowered their price target on ServiceTitan from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday. Stifel Nicolaus cut their price objective on ServiceTitan from $145.00 to $125.00 and set a “buy” rating for the company in a research report on Friday. Needham & Company LLC reduced their target price on ServiceTitan from $140.00 to $100.00 and set a “buy” rating for the company in a research note on Friday. Morgan Stanley decreased their target price on ServiceTitan from $131.00 to $118.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of ServiceTitan in a research note on Monday, December 29th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.63.
Get Our Latest Report on ServiceTitan
ServiceTitan Stock Performance
ServiceTitan (NASDAQ:TTAN – Get Free Report) last issued its earnings results on Thursday, March 12th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. ServiceTitan had a negative net margin of 16.64% and a negative return on equity of 6.91%. The company had revenue of $253.99 million for the quarter, compared to analysts’ expectations of $245.47 million. During the same period in the prior year, the firm earned $0.12 EPS. ServiceTitan’s quarterly revenue was up 21.4% compared to the same quarter last year. As a group, equities analysts forecast that ServiceTitan will post -1.98 earnings per share for the current year.
Insider Activity at ServiceTitan
In other ServiceTitan news, President Vahe Kuzoyan sold 16,388 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $100.62, for a total transaction of $1,648,960.56. Following the completion of the sale, the president directly owned 1 shares in the company, valued at $100.62. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Ara Mahdessian sold 32,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $98.50, for a total value of $3,152,000.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 85,180 shares of company stock valued at $8,620,383. 51.72% of the stock is currently owned by insiders.
Institutional Trading of ServiceTitan
Several institutional investors have recently added to or reduced their stakes in TTAN. Woodline Partners LP increased its position in ServiceTitan by 4.6% during the 1st quarter. Woodline Partners LP now owns 2,141 shares of the company’s stock worth $204,000 after buying an additional 95 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of ServiceTitan by 16.1% during the third quarter. PNC Financial Services Group Inc. now owns 858 shares of the company’s stock worth $87,000 after buying an additional 119 shares in the last quarter. Toth Financial Advisory Corp boosted its position in shares of ServiceTitan by 150.0% in the fourth quarter. Toth Financial Advisory Corp now owns 250 shares of the company’s stock valued at $27,000 after acquiring an additional 150 shares during the period. Farther Finance Advisors LLC grew its stake in shares of ServiceTitan by 189.1% in the fourth quarter. Farther Finance Advisors LLC now owns 266 shares of the company’s stock valued at $28,000 after acquiring an additional 174 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of ServiceTitan by 30.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 906 shares of the company’s stock valued at $96,000 after acquiring an additional 209 shares in the last quarter.
ServiceTitan News Summary
Here are the key news stories impacting ServiceTitan this week:
- Positive Sentiment: Q4 results showed continued revenue growth and an EPS beat: revenue ~ $254M (+21% YoY) and reported EPS of $0.27, topping consensus. This supports demand for ServiceTitan’s core platform. Earnings Summary
- Positive Sentiment: Management named Abhishek Mathur as Chief Technology & Product Officer to lead AI‑first product strategy — a strategic hire that could accelerate product differentiation and monetization. Appointment Release
- Neutral Sentiment: Company provided Q1 revenue guidance of roughly $255–257M and FY revenue guidance near ~$1.1B (roughly in line with consensus), reducing surprise risk on top‑line but leaving EPS guidance interpretation mixed. Press Release / Slide Deck
- Neutral Sentiment: Full Q4 earnings call transcript and highlight writeups are available for investors looking for management color on growth, margins and 2027 assumptions. Earnings Call Transcript
- Negative Sentiment: Widespread analyst price‑target cuts and lower/stable ratings pressured sentiment today. Examples include Citigroup cut to $88 (neutral), Canaccord to $105 (buy), Truist to $100 (buy), Morgan Stanley to $118 (overweight), Needham to $100, BMO to $92, Wells Fargo to $115 and KeyCorp to $120 — a net shift toward lower near‑term upside expectations. Analyst Actions
- Negative Sentiment: Despite the top‑line beat, GAAP operating and net losses remain; several notes and market writeups characterize the quarter as “mixed” and flag the firm’s continued unprofitability, which increases short‑term volatility risk. Analysis: Mixed Results
- Negative Sentiment: High insider selling activity and reports of heavy option speculation / trading may amplify downside pressure and volume volatility. Quiver Quant: Trading & Insider Notes
ServiceTitan Company Profile
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.
Featured Stories
- Five stocks we like better than ServiceTitan
- A personal warning from Martin Weiss (Please read)
- SpaceX IPO Confirmed: Claim Your Stake Today
- Iran isn’t the real war
- $30 stock to buy before Starlink goes public (WATCH NOW!)
- This coin has everything going for it
Receive News & Ratings for ServiceTitan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ServiceTitan and related companies with MarketBeat.com's FREE daily email newsletter.
