TrueBlue (TBI) Stock Forecast & Price Target

TrueBlue Inc. demonstrated a revenue increase of 2% year-over-year, primarily fueled by strong performance in its commercial segment, which experienced double-digit growth. The company's adjusted EBITDA margin improved by 50 basis points year-over-year to 0.7%, reflecting effective strategic cost management initiatives. Despite falling slightly short of revenue guidance, these positive metrics indicate a resilient business model and effective operational strategies, fostering a favorable outlook for the company's financial performance.

TrueBlue Inc. experienced a significant decline in its adjusted EBITDA margin, which decreased by 320 basis points year-over-year to 5.2%, primarily due to lower operating leverage amid declining organic revenues. The PeopleReady segment, which generates the majority of the company’s revenue, reported a 5% year-over-year decline, surpassing the management's guidance of a 3% drop, indicating persistent weakness across various client verticals. Additionally, the company reported an adjusted loss per share of $(0.07) in the second quarter of 2025, reflecting ongoing challenges in financial performance.