KeyCorp Lowers ServiceTitan (NASDAQ:TTAN) Price Target to $120.00

ServiceTitan (NASDAQ:TTAN) had its target price reduced by KeyCorp from $140.00 to $120.00 in a research report issued on Friday, Marketbeat Ratings reports. The brokerage currently has an “overweight” rating on the stock. KeyCorp’s price objective points to a potential upside of 69.49% from the company’s current price.

TTAN has been the topic of a number of other reports. Piper Sandler cut their price objective on ServiceTitan from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. UBS Group reiterated a “buy” rating on shares of ServiceTitan in a report on Monday, December 1st. Weiss Ratings reissued a “sell (e+)” rating on shares of ServiceTitan in a research report on Monday, December 29th. TD Cowen restated a “buy” rating on shares of ServiceTitan in a report on Monday, February 23rd. Finally, The Goldman Sachs Group began coverage on shares of ServiceTitan in a research report on Tuesday, January 13th. They set a “neutral” rating and a $117.00 price target on the stock. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $115.63.

ServiceTitan Trading Down 6.4%

TTAN stock opened at $70.80 on Friday. The company has a quick ratio of 4.14, a current ratio of 4.14 and a debt-to-equity ratio of 0.07. The company has a market cap of $6.63 billion, a price-to-earnings ratio of -41.16 and a beta of -0.72. The business has a fifty day simple moving average of $79.42 and a 200-day simple moving average of $93.52. ServiceTitan has a 52 week low of $58.01 and a 52 week high of $131.33.

ServiceTitan (NASDAQ:TTAN) last issued its earnings results on Thursday, March 12th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. ServiceTitan had a negative return on equity of 6.91% and a negative net margin of 16.64%.The firm had revenue of $253.99 million for the quarter, compared to analysts’ expectations of $245.47 million. During the same quarter last year, the firm earned $0.12 earnings per share. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year. On average, equities research analysts expect that ServiceTitan will post -1.98 EPS for the current year.

Insider Buying and Selling

In other ServiceTitan news, CFO David Sherry sold 11,672 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $105.30, for a total transaction of $1,229,061.60. Following the transaction, the chief financial officer owned 331,781 shares in the company, valued at $34,936,539.30. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ara Mahdessian sold 32,000 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $98.50, for a total value of $3,152,000.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 85,180 shares of company stock worth $8,620,383. Company insiders own 51.72% of the company’s stock.

Hedge Funds Weigh In On ServiceTitan

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in ServiceTitan by 9.9% in the fourth quarter. Vanguard Group Inc. now owns 4,869,009 shares of the company’s stock valued at $518,549,000 after acquiring an additional 439,079 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of ServiceTitan by 118.4% during the third quarter. JPMorgan Chase & Co. now owns 2,893,959 shares of the company’s stock valued at $291,798,000 after purchasing an additional 1,569,136 shares during the period. Franklin Resources Inc. lifted its position in shares of ServiceTitan by 33.8% during the fourth quarter. Franklin Resources Inc. now owns 2,014,025 shares of the company’s stock worth $214,494,000 after purchasing an additional 508,848 shares in the last quarter. Artisan Partners Limited Partnership lifted its position in shares of ServiceTitan by 47.3% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,617,353 shares of the company’s stock worth $172,248,000 after purchasing an additional 519,024 shares in the last quarter. Finally, Greenoaks Capital Partners LLC boosted its stake in shares of ServiceTitan by 20.6% in the fourth quarter. Greenoaks Capital Partners LLC now owns 1,552,257 shares of the company’s stock valued at $165,315,000 after purchasing an additional 264,926 shares during the period.

Key Stories Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 results showed continued revenue growth and an EPS beat: revenue ~ $254M (+21% YoY) and reported EPS of $0.27, topping consensus. This supports demand for ServiceTitan’s core platform. Earnings Summary
• Positive Sentiment: Management named Abhishek Mathur as Chief Technology & Product Officer to lead AI‑first product strategy — a strategic hire that could accelerate product differentiation and monetization. Appointment Release
• Neutral Sentiment: Company provided Q1 revenue guidance of roughly $255–257M and FY revenue guidance near ~$1.1B (roughly in line with consensus), reducing surprise risk on top‑line but leaving EPS guidance interpretation mixed. Press Release / Slide Deck
• Neutral Sentiment: Full Q4 earnings call transcript and highlight writeups are available for investors looking for management color on growth, margins and 2027 assumptions. Earnings Call Transcript
• Negative Sentiment: Widespread analyst price‑target cuts and lower/stable ratings pressured sentiment today. Examples include Citigroup cut to $88 (neutral), Canaccord to $105 (buy), Truist to $100 (buy), Morgan Stanley to $118 (overweight), Needham to $100, BMO to $92, Wells Fargo to $115 and KeyCorp to $120 — a net shift toward lower near‑term upside expectations. Analyst Actions
• Negative Sentiment: Despite the top‑line beat, GAAP operating and net losses remain; several notes and market writeups characterize the quarter as “mixed” and flag the firm’s continued unprofitability, which increases short‑term volatility risk. Analysis: Mixed Results
• Negative Sentiment: High insider selling activity and reports of heavy option speculation / trading may amplify downside pressure and volume volatility. Quiver Quant: Trading & Insider Notes

ServiceTitan Company Profile

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.