Q3 EPS Forecast for Target Hospitality Increased by Analyst

Key Points

• Northland Securities raised Target Hospitality’s Q3 2026 EPS forecast to a loss of $0.01 per share from a previous estimate of $0.04, while projecting $0.22 EPS for Q4 2026 and $1.07 for FY2027.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $24.00 price target. Recent targets range from $22 to $26, while Morgan Stanley initiated coverage with an “overweight” rating.
• Target Hospitality beat its latest quarterly EPS and revenue estimates, reporting a $0.09 per-share loss versus the expected $0.11 loss and $85.45 million in revenue versus the $79.30 million consensus.

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Investment analysts at Northland Securities increased their Q3 2026 earnings per share (EPS) estimates for Target Hospitality in a research note issued on Thursday, August 27th. Northland Securities analyst G. Gibas now anticipates that the company will post earnings of ($0.01) per share for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Target Hospitality's current full-year earnings is ($0.08) per share. Northland Securities also issued estimates for Target Hospitality's Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.00 EPS and FY2027 earnings at $1.07 EPS.

Several other brokerages have also issued reports on TH. Oppenheimer raised their target price on shares of Target Hospitality from $21.00 to $24.00 and gave the company an "outperform" rating in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $23.00 price target on shares of Target Hospitality in a research note on Thursday. Morgan Stanley began coverage on shares of Target Hospitality in a report on Monday, August 17th. They issued an "overweight" rating and a $22.00 price objective on the stock. Stifel Nicolaus set a $26.00 price objective on shares of Target Hospitality in a research note on Thursday. Finally, Weiss Ratings raised shares of Target Hospitality from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $24.00.

Target Hospitality Stock Performance

Shares of NASDAQ:TH opened at $18.55 on Monday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.11. Target Hospitality has a 1-year low of $5.97 and a 1-year high of $20.85. The stock has a market capitalization of $1.85 billion, a P/E ratio of -48.82 and a beta of 1.50. The business has a 50-day moving average price of $17.42 and a two-hundred day moving average price of $14.66.

Target Hospitality (NASDAQ:TH - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.02. The business had revenue of $85.45 million for the quarter, compared to analyst estimates of $79.30 million. Target Hospitality had a negative return on equity of 9.80% and a negative net margin of 10.85%.

Hedge Funds Weigh In On Target Hospitality

A number of large investors have recently added to or reduced their stakes in TH. HighTower Advisors LLC raised its stake in shares of Target Hospitality by 14.9% in the 2nd quarter. HighTower Advisors LLC now owns 1,842,267 shares of the company's stock valued at $37,509,000 after purchasing an additional 238,280 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Target Hospitality by 2,633.4% in the second quarter. California State Teachers Retirement System now owns 876,498 shares of the company's stock valued at $17,845,000 after purchasing an additional 844,432 shares in the last quarter. AXQ Capital LP acquired a new position in shares of Target Hospitality during the second quarter worth about $471,000. Senator Investment Group LP acquired a new position in shares of Target Hospitality during the second quarter worth about $28,491,000. Finally, Moore Capital Management LP bought a new position in shares of Target Hospitality during the second quarter worth about $509,000. Institutional investors own 32.40% of the company's stock.

Target Hospitality Company Profile

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.

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