ServiceTitan Inc. (NASDAQ:TTAN) Receives Average Rating of “Moderate Buy” from Brokerages

ServiceTitan Inc. (NASDAQ:TTAN) has been assigned an average recommendation of “Moderate Buy” from the twenty brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $131.7333.

Several brokerages have recently weighed in on TTAN. Weiss Ratings restated a “sell (e+)” rating on shares of ServiceTitan in a report on Tuesday. Wells Fargo & Company upped their price target on shares of ServiceTitan from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Friday, September 19th. BMO Capital Markets reduced their price objective on shares of ServiceTitan from $129.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Stifel Nicolaus lifted their price objective on shares of ServiceTitan from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Finally, Robert W. Baird boosted their target price on shares of ServiceTitan from $124.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, September 5th.

Insider Buying and Selling

In other news, major shareholder Bessemer Venture Partners Viii sold 492 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $101.33, for a total transaction of $49,854.36. Following the completion of the sale, the insider directly owned 7,089,795 shares of the company’s stock, valued at $718,408,927.35. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO David Sherry sold 833 shares of ServiceTitan stock in a transaction on Monday, November 17th. The stock was sold at an average price of $86.20, for a total value of $71,804.60. Following the completion of the transaction, the chief financial officer owned 345,952 shares in the company, valued at $29,821,062.40. The trade was a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,121,690 shares of company stock worth $126,740,332 over the last quarter. 51.72% of the stock is currently owned by insiders.

Institutional Trading of ServiceTitan

Several institutional investors and hedge funds have recently bought and sold shares of TTAN. Cloud Capital Management LLC purchased a new stake in ServiceTitan during the third quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of ServiceTitan by 1,005.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 431 shares of the company’s stock valued at $46,000 after acquiring an additional 392 shares in the last quarter. Whittier Trust Co. purchased a new stake in shares of ServiceTitan in the 3rd quarter valued at approximately $52,000. Parallel Advisors LLC boosted its stake in ServiceTitan by 161.7% in the 3rd quarter. Parallel Advisors LLC now owns 526 shares of the company’s stock worth $53,000 after purchasing an additional 325 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new position in ServiceTitan in the 2nd quarter worth approximately $79,000.

ServiceTitan Price Performance

NASDAQ TTAN opened at $88.71 on Thursday. ServiceTitan has a 12 month low of $79.81 and a 12 month high of $131.33. The firm has a market capitalization of $8.25 billion and a PE ratio of -16.43. The company’s 50 day simple moving average is $96.69 and its 200 day simple moving average is $106.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.49 and a quick ratio of 4.49.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Thursday, September 4th. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.40). ServiceTitan had a negative return on equity of 16.87% and a negative net margin of 26.08%.The firm had revenue of $242.12 million during the quarter, compared to analyst estimates of $229.58 million. The business’s revenue for the quarter 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. As a group, equities research analysts forecast that ServiceTitan will post -1.98 EPS for the current fiscal year.

About ServiceTitan

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.