ServiceTitan stock rating reiterated as Buy by Truist Securities

Investing.com - Truist Securities has reiterated its Buy rating and $120.00 price target on ServiceTitan (NASDAQ:TTAN) ahead of the company’s upcoming earnings report. The stock, currently trading at $107.37, has seen 11 analysts revise their earnings estimates upward, with price targets ranging from $109 to $150.

The firm expects ServiceTitan to deliver strong seasonal results in its second-quarter report, which is scheduled for September 4. The company has demonstrated robust growth with revenue increasing 28.01% in the last twelve months, maintaining a healthy gross profit margin of 66.26%. Truist Securities cited elevated June and July temperatures in 2025 as a positive factor that could boost the company’s performance.

In its analysis, Truist Securities highlighted what it described as "an underappreciated fintech story" regarding ServiceTitan’s integrated financing offerings, suggesting this aspect of the business provides additional value. According to InvestingPro data, the company operates with a moderate level of debt and maintains strong liquidity with a current ratio of 4.82.

The research note also mentioned ServiceTitan’s go-to-market evolution, referencing insights from a Chief Revenue Officer podcast that the firm found noteworthy.

Truist Securities characterized ServiceTitan as "a bastion of resiliency" in what it called "the fast fashion era of SaaS related to AI developments," and described the company as a "unique L-T compounder."

In other recent news, ServiceTitan has seen several updates from analysts regarding its stock rating and price targets. Loop Capital upgraded ServiceTitan from Hold to Buy, increasing the price target to $140.00, following positive feedback from a survey of the company’s target customers in the trade industry. Piper Sandler raised its price target to $150.00, citing the potential for a strong second-quarter performance driven by the hot summer seasonality and the company’s variable usage revenue mix. KeyBanc reiterated its Overweight rating and $140.00 price target after discussions with ServiceTitan’s CFO and investor relations team, focusing on commercial opportunities and margin expansion.

Additionally, TD Cowen maintained its Buy rating and $145.00 price target, noting bullish factors such as June’s hot weather and regulatory changes affecting air conditioning refrigerants. In contrast, Loop Capital reiterated its Hold rating and $100.00 price target, emphasizing positive discussions about ServiceTitan’s market position and growth opportunities. These developments reflect a range of expectations from analysts regarding ServiceTitan’s future performance and market conditions.

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