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Investing.com - Stifel has reiterated its Buy rating and $125.00 price target on ServiceTitan (NASDAQ:TTAN) ahead of the company’s fiscal second-quarter earnings report scheduled for September 4th. The stock, currently trading at $102.55, has seen 11 analysts revise their earnings estimates upward for the upcoming period, with price targets ranging from $109 to $150, according to InvestingPro data.
The firm highlighted ServiceTitan’s unique positioning to benefit from artificial intelligence and machine learning advancements, which it believes has been "relatively under-discussed" since the company’s IPO earlier this year. While not currently profitable, the company has maintained impressive revenue growth of 28% and operates with a strong current ratio of 4.82.
Stifel noted that while ServiceTitan’s Pro product adoption has been a focal point as the company works to expand its GTV take-rate from approximately 1.1% today to 2% over time, AI capabilities could accelerate this adoption.
The research firm emphasized that ServiceTitan’s comprehensive platform deployments across various workflows within trades businesses promote data harmonization, giving the company a competitive advantage in workflow automation.
ServiceTitan’s complex, wall-to-wall implementations across customer operations were cited as key factors in Stifel’s continued confidence in the stock and maintenance of its $125 price target. For deeper insights into ServiceTitan’s AI capabilities and financial health, including exclusive Fair Value analysis and comprehensive metrics, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, ServiceTitan has seen a series of positive developments from various analyst firms. Truist Securities reiterated its Buy rating for ServiceTitan, maintaining a price target of $120.00, and expects strong second-quarter results due to elevated temperatures in June and July 2025. Loop Capital upgraded ServiceTitan from Hold to Buy, raising the price target to $140.00, following a survey that highlighted positive feedback from businesses in the trade industry. Piper Sandler also increased its price target to $150.00, citing strong second-quarter performance expectations and the company’s AI potential. KeyBanc reiterated its Overweight rating with a $140.00 price target, following discussions with ServiceTitan’s CFO and IR on topics like commercial opportunity and margin expansion. TD Cowen maintained its Buy rating and set a $145.00 price target, noting factors like hot summer weather and regulatory changes impacting air conditioning refrigerants as bullish for the company’s second-quarter gross transaction value. These recent developments underscore the positive sentiment from analysts regarding ServiceTitan’s financial outlook and market position.
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