ServiceTitan (NASDAQ:TTAN) Sets New 12-Month Low – Time to Sell?

ServiceTitan Inc. (NASDAQ:TTAN)’s stock price hit a new 52-week low on Friday . The company traded as low as $54.13 and last traded at $54.0430, with a volume of 1590131 shares changing hands. The stock had previously closed at $56.01.

Key Headlines Impacting ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

• Positive Sentiment: ServiceTitan reported fiscal second-quarter revenue of $292.8 million, up 21% year over year, while non-GAAP free cash flow reached a record $50.5 million and non-GAAP operating margin improved to 15.2%. The company also highlighted continued adoption of its Max platform. ServiceTitan Bets on Max Despite Near-Term Headwinds
• Positive Sentiment: BTIG Research reaffirmed its “Buy” rating, indicating that at least one analyst continues to view the post-earnings decline as an attractive opportunity. BTIG Reaffirms Buy Rating
• Neutral Sentiment: ServiceTitan’s quarterly results exceeded consensus expectations, with EPS of $0.40 versus estimates of $0.35 and revenue of $292.76 million versus estimates of $285.90 million. However, investors focused more heavily on forward-looking issues than on the quarterly beat. ServiceTitan Fiscal 2027 Second-Quarter Results
• Negative Sentiment: Management disclosed revenue-recognition timing differences and indicated that the shift toward Max would reduce professional-services revenue by roughly another $2 million during the remainder of the fiscal year. Slower year-over-year growth and uncertainty around the timing and mix of revenue triggered the major selloff. ServiceTitan Scrutinized Over Revenue Timing and Growth
• Negative Sentiment: Analysts have broadly reduced their outlooks: Citigroup cut its target to $76 and maintained Neutral, while Stifel Nicolaus and TD Cowen lowered targets to $100 and Piper Sandler reduced its target to $110. Robert W. Baird, KeyCorp and BMO Capital Markets also issued more pessimistic forecasts. Analyst Target Reductions
• Negative Sentiment: Investor law firms have announced investigations into whether ServiceTitan adequately disclosed the revenue-timing and Max-related issues, adding potential legal and reputational risk. ServiceTitan Investor Investigation

Analyst Ratings Changes

A number of brokerages have issued reports on TTAN. Piper Sandler cut their target price on shares of ServiceTitan from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday. Citigroup lowered their target price on ServiceTitan from $83.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday. Robert W. Baird dropped their price target on ServiceTitan from $101.00 to $85.00 and set an “outperform” rating on the stock in a research report on Wednesday. Stifel Nicolaus cut their price target on ServiceTitan from $125.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Canaccord Genuity Group cut their price target on ServiceTitan from $105.00 to $90.00 and set a “buy” rating on the stock in a report on Wednesday. Fourteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ServiceTitan currently has an average rating of “Moderate Buy” and a consensus price target of $96.38.

ServiceTitan Stock Performance

The stock has a market capitalization of $5.16 billion, a price-to-earnings ratio of -39.79 and a beta of 0.11. The business’s 50 day simple moving average is $83.88 and its 200-day simple moving average is $72.55.

ServiceTitan (NASDAQ:TTAN) last announced its quarterly earnings results on Tuesday, September 8th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $292.76 million for the quarter, compared to analyst estimates of $285.89 million. ServiceTitan had a negative net margin of 12.12% and a negative return on equity of 5.65%. ServiceTitan’s revenue was up 20.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 earnings per share. As a group, sell-side analysts expect that ServiceTitan Inc. will post -0.54 EPS for the current year.

Insiders Place Their Bets

In related news, President Vahe Kuzoyan sold 114,732 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $88.84, for a total value of $10,192,790.88. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ara Mahdessian sold 51,947 shares of ServiceTitan stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $80.98, for a total value of $4,206,668.06. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 514,837 shares of company stock worth $39,203,222. 39.89% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TTAN. California State Teachers Retirement System increased its stake in shares of ServiceTitan by 7,065.5% during the second quarter. California State Teachers Retirement System now owns 4,537,461 shares of the company’s stock valued at $320,844,000 after acquiring an additional 4,474,137 shares during the period. Norges Bank acquired a new stake in ServiceTitan in the fourth quarter worth approximately $112,678,000. Fuller & Thaler Asset Management Inc. acquired a new stake in ServiceTitan in the fourth quarter worth approximately $89,702,000. Madison Asset Management LLC bought a new position in ServiceTitan during the 2nd quarter valued at $56,118,000. Finally, Atreides Management LP bought a new position in ServiceTitan during the 2nd quarter valued at $68,679,000.

ServiceTitan Company Profile

ServiceTitan, Inc develops cloud-based software designed to help residential and commercial contractors manage and grow their businesses. Its platform supports trades such as heating, ventilation and air conditioning, plumbing, electrical, roofing, and other field-service industries.

The company’s products and services cover key business functions, including customer relationship management, lead generation, scheduling and dispatching, estimates, job management, invoicing, payments, financing, payroll, and business analytics.