ServiceTitan Inc. (NASDAQ:TTAN) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts have assigned a consensus rating of Moderate Buy on ServiceTitan from 20 firms (16 buys, 3 holds, 1 sell) with an average 12‑month target of $112.31, well above the recent share price (~$62.66).
• ServiceTitan beat the quarter (EPS $0.27 vs. $0.18 est., revenue $254M vs. $245M) and revenue rose 21.4% year‑over‑year, but the company remains unprofitable (net margin -16.64%, negative ROE) and analysts project -0.62 EPS for the fiscal year.
• Insiders sold about 33,440 shares (~$2.28M) in March — including CFO David Sherry and CEO Ara Mahdessian (whose reported holdings fell to 1 share) — even though insiders still control roughly 51.7% of the stock.

ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and sixteen have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $112.3125.

A number of equities analysts have commented on TTAN shares. Canaccord Genuity Group dropped their price objective on shares of ServiceTitan from $140.00 to $105.00 and set a "buy" rating for the company in a research note on Friday, March 13th. Stifel Nicolaus dropped their price objective on shares of ServiceTitan from $145.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 13th. KeyCorp dropped their price objective on shares of ServiceTitan from $140.00 to $120.00 and set an "overweight" rating for the company in a research note on Friday, March 13th. Needham & Company LLC dropped their price objective on shares of ServiceTitan from $140.00 to $100.00 and set a "buy" rating for the company in a research note on Friday, March 13th. Finally, Citigroup dropped their price objective on shares of ServiceTitan from $117.00 to $88.00 and set a "neutral" rating for the company in a research note on Friday, March 13th.

ServiceTitan Stock Performance

Shares of NASDAQ TTAN opened at $62.66 on Friday. The company has a market cap of $5.87 billion, a P/E ratio of -36.43 and a beta of -0.14. The firm's fifty day moving average is $66.68 and its two-hundred day moving average is $84.06. ServiceTitan has a 52-week low of $55.23 and a 52-week high of $131.33.

ServiceTitan (NASDAQ:TTAN - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.09. The company had revenue of $253.99 million for the quarter, compared to the consensus estimate of $245.47 million. ServiceTitan had a negative net margin of 16.64% and a negative return on equity of 6.86%. ServiceTitan's revenue for the quarter was up 21.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 EPS. As a group, analysts forecast that ServiceTitan will post -0.62 EPS for the current fiscal year.

Insider Buying and Selling at ServiceTitan

In other ServiceTitan news, CFO David Sherry sold 17,778 shares of ServiceTitan stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $69.86, for a total value of $1,241,971.08. Following the completion of the transaction, the chief financial officer directly owned 313,025 shares of the company's stock, valued at $21,867,926.50. This trade represents a 5.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Ara Mahdessian sold 2,288 shares of ServiceTitan stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $69.86, for a total transaction of $159,839.68. Following the completion of the transaction, the chief executive officer directly owned 1 shares of the company's stock, valued at $69.86. The trade was a 99.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 33,440 shares of company stock valued at $2,281,468. Corporate insiders own 51.72% of the company's stock.

Hedge Funds Weigh In On ServiceTitan

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Woodline Partners LP grew its stake in shares of ServiceTitan by 4.6% in the 1st quarter. Woodline Partners LP now owns 2,141 shares of the company's stock worth $204,000 after buying an additional 95 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in ServiceTitan by 16.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 858 shares of the company's stock valued at $87,000 after purchasing an additional 119 shares during the last quarter. Toth Financial Advisory Corp grew its holdings in ServiceTitan by 150.0% during the 4th quarter. Toth Financial Advisory Corp now owns 250 shares of the company's stock valued at $27,000 after purchasing an additional 150 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in ServiceTitan by 189.1% during the 4th quarter. Farther Finance Advisors LLC now owns 266 shares of the company's stock valued at $28,000 after purchasing an additional 174 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in ServiceTitan by 30.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 906 shares of the company's stock valued at $96,000 after purchasing an additional 209 shares during the last quarter.

About ServiceTitan

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.

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