ServiceTitan Inc. (NASDAQ:TTAN) Receives $116.17 Consensus PT from Analysts

Shares of ServiceTitan Inc. (NASDAQ:TTAN) have earned a consensus rating of “Moderate Buy” from the fourteen analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $116.17.

A number of equities research analysts have issued reports on the stock. Citigroup upped their price target on shares of ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Loop Capital initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set a “hold” rating and a $105.00 price target for the company. Wells Fargo & Company initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set an “overweight” rating and a $125.00 price target for the company. Piper Sandler initiated coverage on shares of ServiceTitan in a report on Monday, January 6th. They set an “overweight” rating and a $125.00 price objective for the company. Finally, Baird R W raised shares of ServiceTitan to a “strong-buy” rating in a report on Friday, December 27th.

ServiceTitan Price Performance

Shares of NASDAQ:TTAN opened at $92.32 on Tuesday. ServiceTitan has a one year low of $91.04 and a one year high of $112.00.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. As a group, sell-side analysts forecast that ServiceTitan will post -1.98 EPS for the current year.

Institutional Trading of ServiceTitan

Institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new stake in shares of ServiceTitan during the 4th quarter worth approximately $26,000. Assetmark Inc. bought a new stake in shares of ServiceTitan during the 4th quarter worth approximately $67,000. FIL Ltd bought a new position in ServiceTitan in the 4th quarter valued at approximately $67,000. Tower Research Capital LLC TRC bought a new position in ServiceTitan in the 4th quarter valued at approximately $91,000. Finally, Insight Holdings Group LLC bought a new position in ServiceTitan in the 4th quarter valued at approximately $103,000.

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.