Q2 EPS Forecast for Target Hospitality Increased by Analyst

Target Hospitality Corp. (NASDAQ:TH) – Analysts at Northland Securities boosted their Q2 2026 earnings per share (EPS) estimates for shares of Target Hospitality in a research note issued to investors on Thursday, April 2nd. Northland Securities analyst G. Gibas now forecasts that the company will post earnings per share of ($0.07) for the quarter, up from their previous forecast of ($0.08). The consensus estimate for Target Hospitality’s current full-year earnings is $0.65 per share. Northland Securities also issued estimates for Target Hospitality’s Q3 2026 earnings at ($0.01) EPS, Q4 2026 earnings at $0.02 EPS and FY2026 earnings at ($0.19) EPS.

Target Hospitality (NASDAQ:TH) last posted its earnings results on Wednesday, March 11th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The company had revenue of $89.78 million for the quarter, compared to the consensus estimate of $85.20 million. Target Hospitality had a negative return on equity of 8.65% and a negative net margin of 11.58%.

Several other equities analysts also recently issued reports on TH. Stifel Nicolaus reiterated a “buy” rating and issued a $15.00 price objective (up from $11.00) on shares of Target Hospitality in a research report on Monday. Wall Street Zen upgraded Target Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday. Texas Capital upgraded Target Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Oppenheimer upgraded Target Hospitality from a “market perform” rating to an “outperform” rating and set a $11.00 price objective for the company in a research report on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Target Hospitality in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Target Hospitality Price Performance

Target Hospitality stock opened at $13.73 on Tuesday. The company has a market capitalization of $1.38 billion, a PE ratio of -36.13 and a beta of 1.12. Target Hospitality has a one year low of $5.97 and a one year high of $14.13. The business has a 50 day simple moving average of $8.52 and a 200 day simple moving average of $8.01.

Institutional Investors Weigh In On Target Hospitality

A number of institutional investors and hedge funds have recently made changes to their positions in TH. Royal Bank of Canada raised its position in shares of Target Hospitality by 3,549.2% during the first quarter. Royal Bank of Canada now owns 43,863 shares of the company’s stock worth $289,000 after acquiring an additional 42,661 shares during the last quarter. AQR Capital Management LLC bought a new position in Target Hospitality during the first quarter worth about $114,000. Goldman Sachs Group Inc. lifted its holdings in Target Hospitality by 104.9% during the first quarter. Goldman Sachs Group Inc. now owns 280,288 shares of the company’s stock worth $1,844,000 after acquiring an additional 143,505 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Target Hospitality in the first quarter valued at about $660,000. Finally, Strs Ohio bought a new stake in shares of Target Hospitality in the first quarter valued at about $131,000. Institutional investors own 32.40% of the company’s stock.

Insider Buying and Selling at Target Hospitality

In other news, EVP Heidi Diane Lewis sold 9,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $7.34, for a total transaction of $66,060.00. Following the completion of the sale, the executive vice president owned 131,742 shares in the company, valued at $966,986.28. The trade was a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 68.00% of the stock is currently owned by insiders.

About Target Hospitality

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.