
ServiceTitan Inc (TTAN) Stock Forecast & Price Target
ServiceTitan Inc (TTAN) Analyst Ratings
Bulls say
ServiceTitan Inc. demonstrated a robust 25% year-over-year growth in platform revenue, signaling strong demand for its Pro product offerings and effective usage of its technology platform among contractors. The company's performance has been bolstered by a noteworthy 22% growth in gross transaction volume (GTV) and a significant beat against revenue guidance, which was raised by $15 million, reflecting increasing market acceptance. Additionally, ServiceTitan's strategic positioning in the underserved contracting industry, coupled with trends in Pro/AI product adoption and end-market consolidation, presents compelling opportunities for expanding customer engagement and revenue generation.
Bears say
ServiceTitan Inc. faces a negative outlook primarily due to a challenging growth environment, as evidenced by management's acknowledgment of significant year-over-year comparisons and a reduction in business days in the previous quarter. The company's dependence on the HVAC sector and reported volume declines among OEMs in various trades further exacerbate concerns about its stock performance. Heightened competition in the market, coupled with potential risks from customer concentration and uncertainties regarding ongoing consolidation trends, contribute to a lower valuation as reflected by a decreased projected price target based on revised financial multiples.
This aggregate rating is based on analysts' research of ServiceTitan Inc and is not a guaranteed prediction by Public.com or investment advice.
ServiceTitan Inc (TTAN) Analyst Forecast & Price Prediction
Start investing in ServiceTitan Inc (TTAN)
Order type
Buy in
Order amount
Est. shares
0 shares