Truist Financial Cuts ServiceTitan (NASDAQ:TTAN) Price Target to $100.00

ServiceTitan (NASDAQ:TTAN) had its price target cut by equities researchers at Truist Financial from $130.00 to $100.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price target points to a potential upside of 44.31% from the company’s previous close.

TTAN has been the subject of a number of other reports. Needham & Company LLC cut their price objective on ServiceTitan from $140.00 to $100.00 and set a “buy” rating for the company in a research note on Friday. KeyCorp lowered their price target on shares of ServiceTitan from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday. BTIG Research dropped their price target on shares of ServiceTitan from $130.00 to $105.00 and set a “buy” rating for the company in a research report on Thursday. Morgan Stanley decreased their price objective on shares of ServiceTitan from $131.00 to $118.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Stifel Nicolaus lowered their target price on shares of ServiceTitan from $145.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, ServiceTitan presently has a consensus rating of “Moderate Buy” and an average price target of $120.00.

ServiceTitan Stock Performance

Shares of TTAN traded down $6.36 on Friday, reaching $69.29. The company’s stock had a trading volume of 1,762,978 shares, compared to its average volume of 1,537,193. ServiceTitan has a 12-month low of $58.01 and a 12-month high of $131.33. The stock has a market capitalization of $6.49 billion, a P/E ratio of -16.96 and a beta of -0.72. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.14 and a quick ratio of 4.14. The stock’s 50 day simple moving average is $80.03 and its two-hundred day simple moving average is $93.80.

ServiceTitan (NASDAQ:TTAN) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.09. The business had revenue of $253.99 million for the quarter, compared to analysts’ expectations of $245.47 million. ServiceTitan had a negative net margin of 23.91% and a negative return on equity of 10.96%. The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. Research analysts forecast that ServiceTitan will post -1.98 earnings per share for the current fiscal year.

Insider Transactions at ServiceTitan

In related news, CFO David Sherry sold 833 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $91.30, for a total value of $76,052.90. Following the sale, the chief financial officer directly owned 330,948 shares in the company, valued at approximately $30,215,552.40. The trade was a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ara Mahdessian sold 32,000 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $98.50, for a total value of $3,152,000.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 85,180 shares of company stock valued at $8,620,383. 51.72% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TTAN. Woodline Partners LP boosted its position in ServiceTitan by 4.6% in the 1st quarter. Woodline Partners LP now owns 2,141 shares of the company’s stock valued at $204,000 after buying an additional 95 shares during the period. Bank of New York Mellon Corp increased its position in shares of ServiceTitan by 1,247.1% during the second quarter. Bank of New York Mellon Corp now owns 84,704 shares of the company’s stock worth $9,079,000 after acquiring an additional 78,416 shares during the period. PNC Financial Services Group Inc. bought a new stake in shares of ServiceTitan during the second quarter valued at approximately $79,000. Geode Capital Management LLC boosted its holdings in shares of ServiceTitan by 0.5% in the second quarter. Geode Capital Management LLC now owns 160,975 shares of the company’s stock valued at $17,258,000 after purchasing an additional 848 shares during the period. Finally, Calamos Advisors LLC bought a new position in ServiceTitan in the second quarter worth approximately $874,000.

Key Stories Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: Q4 revenue and GAAP beat: ServiceTitan reported roughly $254M in Q4 revenue (≈+21% YoY) and reported EPS above Street consensus in company releases, evidence demand and top-line momentum remain intact. Earnings Release
• Positive Sentiment: Leadership hire to accelerate AI/product strategy: ServiceTitan named Abhishek Mathur as CTO and Chief Product Officer, signaling renewed focus on AI-first product investment that could drive longer-term differentiation. CTO Appointment
• Neutral Sentiment: Guidance mixed/inline: Management provided FY‑2027 and Q1 revenue ranges (Q1 revenue guided roughly $255–257M vs. consensus ~252M), which are broadly in line with expectations but left some details on profitability/growth cadence unclear. See the call transcripts and slides for color. Earnings Transcript
• Neutral Sentiment: Investor interest via options and institutional moves: Elevated call-option activity and noted institutional buying in recent filings suggest some investors are placing leveraged bets on a rebound even as others reduce exposure. Options Flow
• Negative Sentiment: Market reaction to mixed message on profitability and forward outlook: Analysts and market commentary described results as “mixed” — top-line beat but margins/operating losses and any conservative tone on FY‑27 prompted caution. Seeking Alpha summarized the call as a stumble given the trade‑off between growth and near‑term profitability. Seeking Alpha: Mixed Results
• Negative Sentiment: Wave of analyst price-target cuts: Several firms trimmed PTs this morning (Wells Fargo, Morgan Stanley, BMO, Needham, BTIG among others), which increases selling pressure even though most kept constructive ratings. Analyst PT Changes
• Negative Sentiment: Insider selling and persistent unprofitability: Recent data flagged concentrated insider sales and continued negative net margins/operating loss despite improving cash generation — factors that can weigh on investor confidence. QuiverQuant: Financials & Insider Activity

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.