ServiceTitan, Inc. (NASDAQ: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.
- 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:
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