TrueBlue (TBI) Stock Forecast & Price Target

TrueBlue Inc. reported a 2% year-over-year increase in revenues, primarily fueled by robust growth in its commercial driving segment, which experienced double-digit expansion. The company also achieved an improvement in its adjusted EBITDA margin, rising by 50 basis points to 0.7% year-over-year, reflecting the effectiveness of its strategic cost actions. Despite slightly falling short of revenue guidance, the underlying strengths in key segments and operational efficiencies suggest a positive trajectory for the company's financial performance.

TrueBlue Inc. has experienced a significant decline in its financial performance, with the adjusted EBITDA margin decreasing by 320 basis points year-over-year to 5.2%, which was well below expectations due to diminished operating leverage amid declining organic revenues. The PeopleReady segment, which is the largest revenue contributor, reported a 5% decrease in revenues compared to the anticipated decline of only 3%, indicating ongoing challenges across various client verticals. Additionally, TrueBlue reported an adjusted loss per share of $(0.07) for the second quarter of 2025, further underscoring the adverse trend in its financial results.