TrueBlue (TBI) Stock Forecast & Price Target

TrueBlue Inc. has reported a year-over-year revenue increase of 2%, largely driven by significant growth within its commercial segment, which is indicative of robust demand for staffing services. Despite revenues falling slightly below guidance, the company's reported 20% year-over-year growth reflects strong performance and resilience in the business. Additionally, the 50 basis point improvement in adjusted EBITDA margin to 0.7% demonstrates effective cost management strategies, further supporting a positive outlook for the company's financial health.

TrueBlue Inc's financial performance indicates significant challenges, as evidenced by a 320 basis point decline in adjusted EBITDA margin to 5.2% year-over-year, which fell well below forecasted expectations. The PeopleReady segment, which is the largest revenue generator, experienced a 5% year-over-year revenue decline, surpassing the expected midpoint guidance decline of 3%, highlighting ongoing weaknesses across various client verticals. Additionally, the company reported an adjusted loss per share of $(0.07) for 2Q25, further underscoring the financial strain faced by TrueBlue.