BusinessEarningsNews
0

These Analysts Increase Their Forecasts On ServiceTitan After Q1 Results

ServiceTitan, Inc. TTAN reported mixed first-quarter results on Thursday.

ServiceTitan posted adjusted earnings of 18 cents per share, beating market estimates of 12 cents per share. The company’s quarterly sales came in at $215.69 million versus expectations of $208.69 million.

The company raised its FY2026 sales guidance from $895.00 million-$905.00 million to $910.00 million-$920.00 million.

“The ROI we deliver to our customers continues to be our greatest advantage,” said Vahe Kuzoyan, Co-Founder and President, “We’re building a series of stacking S-curves to put ourselves in a position to deliver transformative customer outcomes, and each of our four primary areas of focus this year are off to a strong start.”

ServiceTitan shares dipped 7.7% to trade at $105.68 on Friday.

These analysts made changes to their price targets on ServiceTitan following earnings announcement.

Latest Startup Investment Opportunities:

  • Morgan Stanley analyst Josh Baer maintained ServiceTitan with an Equal-Weight rating and raised the price target from $107 to $109.
  • Loop Capital analyst Yun Kim maintained the stock with a Hold and raised the price target from $90 to $100.
  • Needham analyst Scott Berg reiterated ServiceTitan with a Buy and maintained a $140 price target.

Considering buying TTAN stock? Here’s what analysts think:

Read This Next:

Photo via Shutterstock

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score

Market News and Data brought to you by Benzinga APIs

More Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed