Tetra Tech (NASDAQ:TTEK) Stock Gets Downgrade from Wall Street Zen

Posted by Stanley Muller on Oct 19th, 2026

Tetra Tech (NASDAQ:TTEK – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

TTEK has been the topic of a number of other reports. Robert W. Baird set a $37.00 price objective on shares of Tetra Tech in a research note on Thursday, July 30th. KeyCorp restated an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research note on Thursday. Weiss Ratings upgraded Tetra Tech from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. National Bank Financial lowered their price objective on Tetra Tech from $38.00 to $35.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Finally, Royal Bank Of Canada cut their price objective on Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Tetra Tech presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.00.

Check Out Our Latest Analysis on Tetra Tech

Tetra Tech Price Performance

Shares of NASDAQ TTEK opened at $34.72 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The business has a 50 day moving average price of $35.24 and a two-hundred day moving average price of $31.89. The firm has a market cap of $8.89 billion, a PE ratio of 20.92 and a beta of 0.95.

Tetra Tech (NASDAQ:TTEK – Get Free Report) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.08 billion. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. Tetra Tech’s quarterly revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. Tetra Tech has set its Q4 2026 guidance at 0.450-0.480 EPS and its FY 2026 guidance at 1.560-1.590 EPS. Sell-side analysts expect that Tetra Tech will post 1.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TTEK. Public Employees Retirement System of Ohio acquired a new stake in shares of Tetra Tech in the 2nd quarter worth about $2,226,000. Hsbc Holdings PLC boosted its stake in Tetra Tech by 45.9% during the 2nd quarter. Hsbc Holdings PLC now owns 628,625 shares of the industrial products company’s stock valued at $17,955,000 after purchasing an additional 197,653 shares during the period. Neumeier Poma Investment Counsel LLC acquired a new position in Tetra Tech during the 2nd quarter valued at about $43,750,380. Corient Private Wealth LP boosted its stake in Tetra Tech by 11.8% during the 2nd quarter. Corient Private Wealth LP now owns 1,554,196 shares of the industrial products company’s stock valued at $44,901,000 after purchasing an additional 164,373 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Tetra Tech by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,789,240 shares of the industrial products company’s stock worth $114,128,000 after purchasing an additional 112,560 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

About Tetra Tech

(Get Free Report)

Tetra Tech, Inc is a consulting and engineering services company that helps government and commercial clients address complex challenges involving water, the environment, infrastructure, energy and natural resources. Its work includes planning, design, program management, engineering, scientific analysis and technical advisory services.

The company provides services across the water life cycle, including water supply, wastewater treatment, flood management and watershed planning. It also supports environmental restoration and compliance, climate resilience, sustainable infrastructure, renewable energy, disaster recovery and national security programs.

Founded in 1966, Tetra Tech serves clients in the United States and internationally.