Titan Machinery (NASDAQ:TITN) Issues FY 2026 Earnings Guidance

Key Points

• Titan Machinery updated its FY 2026 earnings guidance, projecting earnings per share between -2.000 and -1.500, which is lower than the consensus estimate of -1.770.
• The company's stock rose by 1.6%, with a current trading price of $21.01 and an average price target of $22.25 among analysts.
• Several hedge funds have recently increased their positions in Titan Machinery, with institutional investors now owning 78.38% of the company's stock.

Titan Machinery (NASDAQ:TITN - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of -2.000--1.500 for the period, compared to the consensus EPS estimate of -1.770. The company issued revenue guidance of -.

Titan Machinery Stock Up 2.0%

Shares of NASDAQ TITN traded up $0.41 during trading on Tuesday, hitting $20.41. The stock had a trading volume of 75,680 shares, compared to its average volume of 246,291. The company has a market capitalization of $470.95 million, a PE ratio of -7.55 and a beta of 1.30. The firm has a fifty day moving average of $19.90 and a two-hundred day moving average of $18.39. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.33 and a quick ratio of 0.18. Titan Machinery has a 12 month low of $12.50 and a 12 month high of $23.41.

Titan Machinery (NASDAQ:TITN - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The company reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.30. Titan Machinery had a negative return on equity of 9.91% and a negative net margin of 2.37%.The business had revenue of $546.43 million for the quarter, compared to the consensus estimate of $503.80 million. Titan Machinery has set its FY 2026 guidance at -2.000--1.500 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Titan Machinery from a "sell" rating to a "hold" rating in a research report on Saturday. B. Riley increased their target price on shares of Titan Machinery from $19.00 to $22.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 27th. Finally, Lake Street Capital reissued a "hold" rating and issued a $18.00 price target (up from $15.00) on shares of Titan Machinery in a report on Friday, May 23rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $22.25.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TITN. Tower Research Capital LLC TRC increased its stake in shares of Titan Machinery by 352.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,623 shares of the company's stock worth $52,000 after buying an additional 2,043 shares during the period. State of Wyoming boosted its holdings in Titan Machinery by 48.2% in the second quarter. State of Wyoming now owns 9,442 shares of the company's stock valued at $187,000 after acquiring an additional 3,070 shares in the last quarter. Prudential Financial Inc. bought a new stake in Titan Machinery in the second quarter valued at $246,000. Quantinno Capital Management LP boosted its holdings in Titan Machinery by 19.1% in the second quarter. Quantinno Capital Management LP now owns 14,425 shares of the company's stock valued at $286,000 after acquiring an additional 2,312 shares in the last quarter. Finally, Creative Planning boosted its holdings in Titan Machinery by 25.9% in the second quarter. Creative Planning now owns 19,124 shares of the company's stock valued at $379,000 after acquiring an additional 3,939 shares in the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

Titan Machinery Company Profile

Titan Machinery Inc owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers.