National Bank Financial Cuts Tetra Tech (NASDAQ:TTEK) Price Target to $35.00

Posted by Geri Gentry on Jul 13th, 2026

Tetra Tech (NASDAQ:TTEK – Get Free Report) had its price objective dropped by equities researchers at National Bank Financial from $38.00 to $35.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. National Bank Financial’s price target points to a potential upside of 11.71% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a report on Sunday. Robert W. Baird set a $35.00 price objective on shares of Tetra Tech in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of Tetra Tech from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Tetra Tech has an average rating of “Moderate Buy” and an average target price of $39.80.

Get Our Latest Analysis on Tetra Tech

Tetra Tech Stock Up 1.1%

NASDAQ TTEK traded up $0.34 during mid-day trading on Monday, reaching $31.33. 918,095 shares of the company’s stock traded hands, compared to its average volume of 3,195,673. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Tetra Tech has a 1-year low of $25.81 and a 1-year high of $43.14. The company has a fifty day simple moving average of $28.59 and a 200-day simple moving average of $32.31. The company has a market cap of $8.13 billion, a price-to-earnings ratio of 18.75 and a beta of 0.92.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1 billion. Tetra Tech had a return on equity of 22.89% and a net margin of 8.58%.Tetra Tech’s quarterly revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 EPS. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. As a group, equities research analysts expect that Tetra Tech will post 1.54 EPS for the current year.

Insider Buying and Selling at Tetra Tech

In other news, Director Jeffrey R. Feeler purchased 1,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $26.41 per share, with a total value of $50,179.00. Following the transaction, the director owned 1,900 shares in the company, valued at approximately $50,179. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Institutional Trading of Tetra Tech

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Tetra Tech during the fourth quarter worth $115,162,000. Impax Asset Management Group plc acquired a new position in shares of Tetra Tech in the 4th quarter valued at about $107,603,000. AQR Capital Management LLC grew its position in shares of Tetra Tech by 351.6% during the 4th quarter. AQR Capital Management LLC now owns 2,875,372 shares of the industrial products company’s stock valued at $96,440,000 after buying an additional 2,238,721 shares during the last quarter. Capital International Investors grew its position in shares of Tetra Tech by 27.4% during the 4th quarter. Capital International Investors now owns 9,016,577 shares of the industrial products company’s stock valued at $302,416,000 after buying an additional 1,936,902 shares during the last quarter. Finally, Corient Private Wealth LLC raised its stake in Tetra Tech by 84.9% during the second quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock worth $147,095,000 after acquiring an additional 1,847,087 shares during the period. Institutional investors own 93.89% of the company’s stock.

Tetra Tech Company Profile

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Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.