Brokerages Set ServiceTitan Inc. (NASDAQ:TTAN) PT at $132.67

Shares of ServiceTitan Inc. (NASDAQ:TTAN) have been assigned a consensus recommendation of “Moderate Buy” from the twenty brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $132.6667.

Several research analysts have recently weighed in on the stock. Canaccord Genuity Group lifted their target price on shares of ServiceTitan from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Raymond James Financial assumed coverage on shares of ServiceTitan in a research report on Friday, August 29th. They issued a “market perform” rating on the stock. Stifel Nicolaus lifted their target price on shares of ServiceTitan from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. BMO Capital Markets initiated coverage on shares of ServiceTitan in a research report on Thursday, August 28th. They issued an “outperform” rating and a $129.00 target price on the stock. Finally, Loop Capital raised shares of ServiceTitan from a “hold” rating to a “buy” rating and boosted their price objective for the company from $100.00 to $140.00 in a research report on Monday, August 18th.

Insider Activity at ServiceTitan

In related news, major shareholder Bessemer Venture Partners Viii sold 370,557 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $117.79, for a total transaction of $43,647,909.03. Following the transaction, the insider directly owned 7,595,777 shares of the company’s stock, valued at approximately $894,706,572.83. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Byron B. Deeter sold 31,187 shares of the business’s stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $112.60, for a total transaction of $3,511,656.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,161,965 shares of company stock valued at $134,331,789. Company insiders own 51.72% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of ServiceTitan by 1,005.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock worth $46,000 after purchasing an additional 392 shares during the last quarter. LRI Investments LLC acquired a new position in shares of ServiceTitan during the 1st quarter worth $58,000. PNC Financial Services Group Inc. acquired a new position in shares of ServiceTitan during the 2nd quarter worth $79,000. Assetmark Inc. increased its stake in shares of ServiceTitan by 47.2% during the 1st quarter. Assetmark Inc. now owns 960 shares of the company’s stock worth $91,000 after purchasing an additional 308 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of ServiceTitan during the 2nd quarter worth $94,000.

ServiceTitan Stock Down 2.9%

NASDAQ TTAN opened at $98.60 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.49 and a quick ratio of 4.49. The company’s 50 day simple moving average is $106.75 and its 200 day simple moving average is $109.81. ServiceTitan has a 12 month low of $79.81 and a 12 month high of $131.33. The company has a market capitalization of $9.16 billion and a P/E ratio of -18.26.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.40). The firm had revenue of $242.12 million during the quarter, compared to analysts’ expectations of $229.58 million. ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.ServiceTitan’s quarterly revenue was up 25.5% compared to the same quarter last year. ServiceTitan has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts expect that ServiceTitan will post -1.98 earnings per share for the current fiscal year.

ServiceTitan Company Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.