
TH Stock Forecast & Price Target
TH Analyst Ratings
Bulls say
Target Hospitality Corp is positively positioned to capitalize on burgeoning trends in data center infrastructure, with approximately $1.2 trillion invested year-to-date in projects aimed at supporting artificial intelligence, thereby driving substantial demand for its services. The recent five-year contract in South Dilley is projected to generate $246 million in revenue, offering solid visibility and financial stability for the company. Moreover, the potential expansion to 1,500 additional beds indicates a strong growth opportunity in catering to housing requirements in remote locations connected to these data centers.
Bears say
The financial outlook for Target Hospitality appears negative primarily due to the anticipated less favorable terms for the Pecos assets' contracts in comparison to the recently canceled contract. There is also concern regarding reduced U.S. land drilling and completion activity, which poses risks to demand for specialty rental and hospitality services. Additionally, the potential for idled rooms resulting from these cancellations further exacerbates the company's revenue challenges, particularly since a significant portion of revenue is generated from government contracts in Texas.
This aggregate rating is based on analysts' research of Target Hospitality Corp and is not a guaranteed prediction by Public.com or investment advice.
TH Analyst Forecast & Price Prediction
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