Titan Machinery (NASDAQ:TITN) Releases 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 earnings per share (EPS) guidance of -2.000--1.500 for the period, compared to the consensus estimate of -1.770. The company issued revenue guidance of -.

Titan Machinery Stock Performance

Shares of NASDAQ:TITN traded up $0.32 during midday trading on Friday, hitting $20.00. The company's stock had a trading volume of 216,144 shares, compared to its average volume of 147,934. The stock has a market capitalization of $461.70 million, a price-to-earnings ratio of -7.41 and a beta of 1.37. The stock's 50 day simple moving average is $19.88 and its 200 day simple moving average is $18.37. Titan Machinery has a fifty-two week low of $12.50 and a fifty-two week high of $23.41. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.18 and a current ratio of 1.33.

Titan Machinery (NASDAQ:TITN - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported ($0.26) earnings per share for the quarter, topping analysts' consensus estimates 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 Ratings Changes

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in TITN. Royal Bank of Canada lifted its holdings in shares of Titan Machinery by 8.1% during the first quarter. Royal Bank of Canada now owns 66,882 shares of the company's stock valued at $1,140,000 after acquiring an additional 4,988 shares during the period. Creative Planning lifted its holdings in shares of Titan Machinery by 25.9% during 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 during the period. JPMorgan Chase & Co. lifted its holdings in shares of Titan Machinery by 330.3% during the second quarter. JPMorgan Chase & Co. now owns 49,889 shares of the company's stock valued at $988,000 after acquiring an additional 38,296 shares during the period. Prudential Financial Inc. bought a new position in shares of Titan Machinery during the second quarter valued at $246,000. Finally, Jump Financial LLC raised its stake in shares of Titan Machinery by 11.3% in the second quarter. Jump Financial LLC now owns 38,300 shares of the company's stock valued at $759,000 after acquiring an additional 3,874 shares during the last quarter. 78.38% of the stock is owned by institutional investors.

About Titan Machinery

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.