TSS (NASDAQ:TSSI) Given New $13.00 Price Target at Needham & Company LLC

TSS (NASDAQ:TSSI) had its price objective decreased by Needham & Company LLC from $16.00 to $13.00 in a report released on Friday, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on TSSI. Weiss Ratings lowered TSS from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Wall Street Zen downgraded TSS from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 16th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.17.

TSS Price Performance

TSSI stock opened at $9.68 on Friday. The stock has a 50-day moving average price of $11.31 and a two-hundred day moving average price of $11.69. The stock has a market cap of $271.72 million, a PE ratio of 20.17 and a beta of 2.09. The company has a current ratio of 2.18, a quick ratio of 1.99 and a debt-to-equity ratio of 0.16. TSS has a 1 year low of $6.87 and a 1 year high of $21.77.

TSS (NASDAQ:TSSI) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The firm had revenue of $35.14 million during the quarter. TSS had a net margin of 7.44% and a return on equity of 19.71%. Equities analysts forecast that TSS will post 0.32 EPS for the current fiscal year.

Insider Transactions at TSS

In related news, SVP Kieran Brennan sold 10,000 shares of TSS stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $16.00, for a total value of $160,000.00. Following the sale, the senior vice president owned 271,333 shares of the company’s stock, valued at approximately $4,341,328. The trade was a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter H. Woodward sold 200,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $16.07, for a total value of $3,214,000.00. Following the sale, the director owned 983,521 shares in the company, valued at $15,805,182.47. The trade was a 16.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 310,000 shares of company stock valued at $4,922,000. Company insiders own 15.97% of the company’s stock.

Institutional Investors Weigh In On TSS

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System acquired a new position in TSS during the second quarter worth $33,000. Bank of America Corp DE acquired a new stake in TSS in the fourth quarter valued at $40,000. BNP Paribas Financial Markets acquired a new stake in TSS in the second quarter valued at $45,000. Legal & General Group Plc bought a new position in shares of TSS in the 2nd quarter valued at about $59,000. Finally, Tower Research Capital LLC TRC grew its position in shares of TSS by 81.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,129 shares of the company’s stock valued at $90,000 after acquiring an additional 1,401 shares during the period.

Trending Headlines about TSS

Here are the key news stories impacting TSS this week:

• Positive Sentiment: Management highlighted a strategic shift toward higher-margin services: systems integration revenue increased 46% year over year and represented 39% of total revenue, up from 22% a year earlier. Facilities management revenue also grew 84%. TSS Reports Second Quarter 2026 Financial Results
• Positive Sentiment: TSS maintained its full-year adjusted EBITDA outlook toward the upper end of its $20 million-$22 million range. Its approximately $17 million investment in next-generation AI data-center technology is expected to be substantially ready by September and begin supporting higher systems-integration revenue in the third quarter. TSS Maintains EBITDA Outlook as Vera Rubin Buildout Nears Completion
• Neutral Sentiment: Needham lowered its price target from $16 to $13 but retained a “Buy” rating, implying continued confidence in TSS’s AI infrastructure opportunity while reflecting more cautious near-term expectations. Needham Lowers TSS Price Target
• Negative Sentiment: Second-quarter adjusted earnings were $0.05 per share, below the $0.08 consensus estimate and down from $0.06 a year earlier. Revenue totaled $35.14 million, with the overall decline reflecting TSS’s transition away from lower-margin procurement revenue. TSS Misses Second-Quarter Earnings and Revenue Estimates

TSS Company Profile

TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments. TSS Inc, formerly known as Fortress International Group, Inc, is based in Columbia, United States.