Crispr Therapeutics shares tumble after significant earnings miss
ServiceTitan, Inc. (TTAN), a $9.8 billion market cap software company trading near $107 per share, reported that President Vahe Kuzoyan sold a total of 25,208 shares of Class A Common Stock on June 26, 2025, for approximately $2.6 million. The sales were executed in multiple transactions at a price of $104.65. According to InvestingPro analysis, the company maintains strong liquidity with current assets exceeding short-term obligations.
Specifically, Kuzoyan sold 7,360 shares, 12,497 shares, 4,584 shares and 767 shares in a series of transactions. The prices for these sales ranged from $103.20 to $106.57. While the company is not yet profitable, InvestingPro data shows analysts expect profitability this year, with 11 analysts recently revising earnings estimates upward. The company’s next earnings report is scheduled for July 11, 2025.
On the same day, Kuzoyan also converted 25,208 shares of Class B Common Stock into Class A Common Stock.
In other recent news, ServiceTitan reported first-quarter revenue of $215.69 million, marking a 27% year-over-year increase, surpassing expectations. Despite this, the company faced a GAAP net loss from operations of $49.5 million, which was an improvement over the previous year’s loss. The company’s gross transaction volume also grew by 22% to $17.7 billion. Looking forward, ServiceTitan has projected second-quarter revenue between $228 million and $230 million, exceeding consensus estimates. For the full fiscal year 2026, the company expects revenue between $910 million and $920 million, again surpassing analyst expectations.
Analysts have responded positively to these developments, with TD Cowen raising the stock price target to $145, citing strong revenue growth and successful commercial account launches. Truist Securities maintained a Buy rating with a $120 price target, highlighting the company’s potential for robust revenue growth and increased profitability. William Blair reiterated an Outperform rating, noting ServiceTitan’s favorable competitive positioning and growing market opportunity. These recent developments underscore ServiceTitan’s continued efforts in expanding its market presence and improving financial performance.
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