
ServiceTitan Inc (TTAN) Stock Forecast & Price Target
ServiceTitan Inc (TTAN) Analyst Ratings
Bulls say
ServiceTitan Inc. exhibited robust financial performance with a 25% year-over-year growth in platform revenue, driven by increased adoption of Pro products and strong overall demand within the commercial segment. Key metrics highlight a 22% year-over-year growth in gross transaction volume (GTV), coupled with a notable uplift in customer revenue, as clients experienced a 15% average revenue increase and improved project delivery timelines. The company's proactive strategies in leveraging trends such as end-market consolidation and the integration of AI within its offerings position ServiceTitan favorably for further market share expansion in an underserved industry.
Bears say
ServiceTitan faces a negative outlook due to several fundamental challenges highlighted in recent financial reports. The company is experiencing growth pressures attributed to tough year-over-year comparisons and one fewer business day in the previous quarter, alongside concerns regarding volume declines among original equipment manufacturers (OEMs) in the trades. Additionally, uncertainties regarding customer concentration within various trades, a competitive operating environment, and the rising costs associated with new product offerings further exacerbate the company's financial outlook.
This aggregate rating is based on analysts' research of ServiceTitan Inc and is not a guaranteed prediction by Public.com or investment advice.
ServiceTitan Inc (TTAN) Analyst Forecast & Price Prediction
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