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LOS ANGELES - ServiceTitan (NASDAQ:TTAN), a $10 billion market cap software platform for trades businesses, announced a series of new products and features at its Pantheon 2025 event last week aimed at helping contractors improve business operations. The company has demonstrated strong momentum with 26% revenue growth in the last twelve months, according to InvestingPro data.
The company introduced Atlas, an AI-powered tool that operates across the ServiceTitan platform to anticipate contractor needs, adapt workflows, and take automated actions such as running reports, dispatching technicians, and adjusting marketing spend based on demand shifts. Atlas integrates with Google’s Gemini large language models. With these innovations, analysts maintain a bullish outlook on ServiceTitan, with a consensus target price range of $118-$155, suggesting potential upside from current levels.
ServiceTitan also revealed it has entered into a definitive agreement to acquire Conduit Tech, an HVAC design and sales platform that uses LiDAR technology and permit-ready load calculations to provide measurement tools and visualizations.
Additional announcements included the ServiceTitan Maximize Program, which bundles all "Pro" products with AI implementation support, and enhancements to existing offerings such as Contact Center Pro with AI assistance and omnichannel capabilities.
For field operations, the company unveiled route optimization automation, field mobile app improvements with optical character recognition for equipment scanning, and AI-powered diagnostic tools. Financial modernization features include Tap to Pay, Pay by Bank, and accounts payable automation.
Commercial contractors will benefit from an expanded CRM, equipment tasking capabilities, service agreement automation, and a revamped customer portal. Construction contractors received purpose-built enhancements including crew management, daily logs, RFI management, and AI-powered project financials.
"From the first fully automated job, to AI-powered tools that drive revenue and profitability, and purpose-built solutions engineered specifically for roofing, commercial, construction, and enterprise businesses," said Ara Mahdessian, co-founder and CEO of ServiceTitan, in the press release statement. While currently operating at a loss, InvestingPro analysis shows the company maintains a healthy financial position with a strong current ratio of 4.49 and operates with moderate debt levels. For detailed insights into ServiceTitan’s valuation and growth prospects, including 14 analyst revisions and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
The company also announced a new App Marketplace for third-party integrations and an Automations Command Center for managing AI and rules-based automations across the platform.
In other recent news, ServiceTitan has been the focus of multiple analyst updates following its Pantheon 2025 conference in Anaheim, California. Truist Securities reiterated a Buy rating with a price target of $130, citing the company’s advancements in automation and AI capabilities. Piper Sandler also maintained an Overweight rating, setting a higher price target of $155 due to ServiceTitan’s expanding market reach and AI opportunities. KeyBanc echoed this sentiment with an Overweight rating and a $140 price target, following discussions with customers and partners at the event. Similarly, Needham reaffirmed a Buy rating with a $140 target, emphasizing ServiceTitan’s strong fundamentals and customer relationships. Wells Fargo increased its price target to $140 from $130, maintaining an Overweight rating and noting a positive outlook on the company’s growth prospects. These developments highlight the analysts’ confidence in ServiceTitan’s market position and future potential.
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