ServiceTitan (NASDAQ:TTAN) Releases Earnings Results

ServiceTitan (NASDAQ:TTAN) issued its quarterly earnings data on Monday. The company reported ($1.18) earnings per share (EPS) for the quarter, Zacks reports.

ServiceTitan Stock Down 1.1 %

TTAN traded down $1.13 during trading on Monday, reaching $100.13. 452,241 shares of the stock traded hands, compared to its average volume of 397,163. ServiceTitan has a 12 month low of $94.02 and a 12 month high of $112.00.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TTAN shares. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price target on shares of ServiceTitan in a research report on Monday. The Goldman Sachs Group initiated coverage on shares of ServiceTitan in a report on Monday, January 6th. They set a “neutral” rating and a $100.00 price target for the company. Loop Capital initiated coverage on shares of ServiceTitan in a research report on Monday, January 6th. They set a “hold” rating and a $105.00 price objective for the company. Morgan Stanley initiated coverage on ServiceTitan in a research note on Monday, January 6th. They issued an “equal weight” rating and a $104.00 price target on the stock. Finally, Stifel Nicolaus initiated coverage on shares of ServiceTitan in a report on Monday, January 6th. They set a “buy” rating and a $120.00 price target on the stock. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $115.83.

ServiceTitan Company Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.