Canaccord Genuity Group Lowers ServiceTitan (NASDAQ:TTAN) Price Target to $105.00

ServiceTitan (NASDAQ:TTAN) had its target price reduced by Canaccord Genuity Group from $140.00 to $105.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 48.31% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. TD Cowen upped their price target on ServiceTitan from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Friday. Piper Sandler restated an “overweight” rating and set a $120.00 price objective on shares of ServiceTitan in a research report on Friday. UBS Group reaffirmed a “buy” rating on shares of ServiceTitan in a research note on Monday, December 1st. Needham & Company LLC reduced their target price on ServiceTitan from $140.00 to $100.00 and set a “buy” rating on the stock in a report on Friday. Finally, BTIG Research decreased their target price on shares of ServiceTitan from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $115.63.

ServiceTitan Price Performance

Shares of NASDAQ:TTAN opened at $70.80 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.14 and a current ratio of 4.14. ServiceTitan has a 52 week low of $58.01 and a 52 week high of $131.33. The firm has a market cap of $6.63 billion, a PE ratio of -41.16 and a beta of -0.72. The firm’s fifty day moving average is $79.42 and its 200-day moving average is $93.52.

ServiceTitan (NASDAQ:TTAN) last posted its quarterly earnings data 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. The business had revenue of $253.99 million during the quarter, compared to the consensus estimate of $245.47 million. ServiceTitan had a negative return on equity of 6.91% and a negative net margin of 16.64%.ServiceTitan’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 earnings per share. Sell-side analysts predict that ServiceTitan will post -1.98 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Ara Mahdessian sold 32,000 shares of ServiceTitan 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Vahe Kuzoyan sold 16,388 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $100.62, for a total value of $1,648,960.56. Following the completion of the transaction, the president directly owned 1 shares in the company, valued at $100.62. This represents a 99.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 85,180 shares of company stock valued at $8,620,383. 51.72% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ServiceTitan

A number of hedge funds have recently added to or reduced their stakes in the business. Cloud Capital Management LLC acquired a new position in ServiceTitan in the third quarter valued at approximately $25,000. Toth Financial Advisory Corp grew its position in shares of ServiceTitan by 150.0% during the 4th quarter. Toth Financial Advisory Corp now owns 250 shares of the company’s stock worth $27,000 after buying an additional 150 shares during the period. Farther Finance Advisors LLC grew its position in shares of ServiceTitan by 189.1% during the 4th quarter. Farther Finance Advisors LLC now owns 266 shares of the company’s stock worth $28,000 after buying an additional 174 shares during the period. eCIO Inc. bought a new stake in shares of ServiceTitan in the 4th quarter valued at $30,000. Finally, Elevation Wealth Partners LLC bought a new stake in shares of ServiceTitan in the 4th quarter valued at $36,000.

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.