Target Hospitality (TH) Projected to Post Quarterly Earnings on Thursday

Key Points

• Target Hospitality is expected to report Q3 2026 results before market open on November 5. Analysts forecast a loss of approximately $0.0017 per share and revenue of $118.35 million; the earnings call is scheduled for November 4.
• The company’s previous quarter exceeded expectations, with EPS of $(0.09) versus the $(0.11) consensus and revenue of $85.45 million versus $79.30 million expected. Analysts project a $(0.04) loss per share for the current fiscal year.
• Analyst sentiment remains moderately bullish, with a consensus “Moderate Buy” rating and an average price target of $25.20, despite the stock trading down 0.8% and one analyst downgrade to “sell.”

Target Hospitality (NASDAQ:TH - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of ($0.0017) per share and revenue of $118.35 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 12:30 PM ET.

Target Hospitality (NASDAQ:TH - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.02. The company had revenue of $85.45 million for the quarter, compared to the consensus estimate of $79.30 million. Target Hospitality had a negative return on equity of 9.80% and a negative net margin of 10.85%. On average, analysts expect Target Hospitality to post ($0.04) EPS for the current fiscal year and $0.91 EPS for the next fiscal year.

Target Hospitality Trading Down 0.8%

TH opened at $14.11 on Thursday. The business has a 50 day simple moving average of $18.19 and a two-hundred day simple moving average of $14.64. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of -37.13 and a beta of 1.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.65 and a quick ratio of 0.65. Target Hospitality has a one year low of $5.97 and a one year high of $21.76.

Insider Activity at Target Hospitality

In other news, CEO James Archer bought 13,385 shares of the stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $18.69 per share, for a total transaction of $250,165.65. Following the purchase, the chief executive officer directly owned 1,845,441 shares in the company, valued at $34,491,292.29. This trade represents a 0.73% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Troy Schrenk bought 5,907 shares of the stock in a transaction dated Friday, September 18th. The stock was purchased at an average price of $21.16 per share, with a total value of $124,992.12. Following the purchase, the insider owned 216,995 shares in the company, valued at $4,591,614.20. This trade represents a 2.80% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TH shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $23.00 price objective on shares of Target Hospitality in a research report on Thursday, August 27th. Morgan Stanley upped their target price on Target Hospitality from $22.00 to $25.00 and gave the company an "overweight" rating in a report on Monday, September 14th. Stifel Nicolaus set a $26.00 price target on Target Hospitality in a research note on Thursday, August 27th. Weiss Ratings lowered Target Hospitality from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, October 23rd. Finally, Oppenheimer lifted their price target on shares of Target Hospitality from $24.00 to $27.00 and gave the company an "outperform" rating in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $25.20.

Target Hospitality Company Profile

Target Hospitality Corp. NASDAQ: TH provides specialty rental and hospitality services for organizations that require temporary or long-term workforce housing. The company develops and operates workforce accommodation communities and related facilities, offering an integrated alternative to traditional hotels or permanent housing in locations where lodging infrastructure is limited.

Its services generally include furnished lodging, food services, housekeeping, laundry, transportation, maintenance, recreation and other facility-management support.

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