Core Financial Performance - CoreWeave reported a 134% increase in revenue to $1.3 billion, driven by strong demand for AI infrastructure [1] - The company's GAAP loss improved to $0.22 per diluted share, compared to $1.82 per diluted share in the previous year [1] - Cash from operations more than doubled to $1.7 billion [1] Market Position and Recognition - SemiAnalysis recognized CoreWeave as a technology leader in AI services, scoring its platform above competitors like Amazon Web Services and Microsoft Azure [2] - CoreWeave is categorized as a neocloud, providing AI-specific cloud services with superior performance compared to traditional cloud providers [3] IPO and Stock Performance - CoreWeave completed its IPO on March 28, 2025, and the stock has advanced 93% since then, with a median target price of $130 per share indicating a 68% upside from its current price of $77 [4] - The current price-to-sales (P/S) multiple for CoreWeave is 7.5, significantly lower than the average of 13 times sales since its IPO, suggesting it is undervalued [7] Future Growth Potential - Earnings for CoreWeave are forecasted to increase at 92% annually through 2027, making the current P/S multiple reasonable for long-term investors [7] - Despite a recent reduction in full-year revenue guidance due to a partner's delay in a data center build, the overall contract value remains intact, indicating future revenue recognition [6]

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? ServiceTitan Inc. (TTAN) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 66.67%.For the last reported quarter, ServiceTitan Inc. came ...

LOS ANGELES, Nov. 06, 2025 (GLOBE NEWSWIRE) -- ServiceTitan, Inc. (Nasdaq: TTAN), the software platform that powers the trades, today announced that it will report its financial results for the fiscal third quarter ended October 31, 2025, after market close on Thursday, December 4, 2025. In conjunction with this report, ServiceTitan will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss its fiscal third quarter financial results, as well as fiscal year 2026 ...

Core Insights - ServiceTitan is recognized as a leading platform for large companies in the trades business seeking digital transformation [1] Company Analysis - The company is positioned as a significant player in the digitalization of the trades industry, indicating strong market relevance [1] - Despite its leading status, the company may not excel in research and development compared to competitors [1]

Core Viewpoint - Investors in ServiceTitan, Inc. (TTAN) should closely monitor the stock due to significant movements in the options market, particularly the high implied volatility of the Sept. 17, 2025 $50 Call option [1] Company Analysis - ServiceTitan is currently rated as a Zacks Rank 3 (Hold) in the Internet – Software industry, which ranks in the top 27% of the Zacks Industry Rank [3] - Over the last 60 days, five analysts have raised their earnings estimates for the current quarter, increasing the Zacks Consensus Estimate from 8 cents per share to 15 cents per share [3] Options Market Insights - The high implied volatility surrounding ServiceTitan shares suggests that options traders are anticipating a significant price movement, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Seasoned options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]

Core Insights - FieldRoutes, a ServiceTitan company, continues its partnership with the National Pest Management Association (NPMA) as a Strategic Partner at the 2025 PestWorld conference, highlighting its commitment to innovation and growth in the pest control industry [1][3] Company Overview - FieldRoutes is a leading cloud-based and mobile SaaS provider for field service businesses, offering a platform that automates various aspects of field service operations, including office management, route optimization, payment processing, and customer acquisition [6] Conference Participation - FieldRoutes will showcase its latest platform updates at Booth 1213 during the PestWorld conference from October 21–24, allowing attendees to learn how top-performing pest control companies enhance operations and customer experiences through its technology [2][5] Industry Impact - According to the 2025 Pest Control Technology (PCT) Top 100 list, FieldRoutes customers grew at a median rate 1.5 times faster than non-FieldRoutes companies, with 40 of the Top 100 pest control companies using FieldRoutes or ServSuite platforms, indicating the company's significant impact on industry leaders [4] Educational Sessions - The conference will feature a breakout session led by ServiceTitan Co-Founder and President, Vahe Kuzoyan, focusing on AI and the future of field services, emphasizing how Titan Intelligence can enhance back-office productivity for field service companies [3]

Group 1: Artisan Mid Cap Fund Performance - Artisan Mid Cap Fund's Investor Class fund ARTMX returned 8.80%, Advisor Class fund APDMX also posted a return of 8.80%, and Institutional Class fund APHMX returned 8.83% in Q3 2025, significantly outperforming the Russell Midcap Growth Index which returned 2.78% [1] - The strong performance was primarily driven by holdings in the health care sector [1] Group 2: ServiceTitan, Inc. Overview - ServiceTitan, Inc. (NASDAQ:TTAN) provides a cloud-based software platform for managing business workflows in the trades sector, which has been historically underserved by technology [3] - The stock of ServiceTitan, Inc. had a one-month return of 14.90% and a year-to-date gain of 5.70%, closing at $97.01 per share with a market capitalization of $9.017 billion on October 14, 2025 [2] - In Q2 2025, ServiceTitan reported total revenue of $242.1 million, reflecting a 25% year-over-year increase [4] Group 3: Investment Strategy and Market Position - Artisan Mid Cap Fund initiated new positions in ServiceTitan, Woodward, and Teledyne Technologies during the quarter, viewing ServiceTitan as a leading vertical software provider with multiple growth opportunities [3] - Despite recognizing ServiceTitan's potential, the company believes that certain AI stocks may offer greater upside potential and less downside risk [4] - At the end of Q2 2025, ServiceTitan was held by 51 hedge fund portfolios, an increase from 25 in the previous quarter [4]

Core Insights - ServiceTitan has announced a strategic partnership with Galaxy Service Partners, focusing on empowering commercial contractors through advanced technology solutions [1][2] - Galaxy Service Partners aims to differentiate itself from traditional private equity firms by fostering a people-first platform that emphasizes strong leadership and company culture [2][3] - The partnership will leverage ServiceTitan's comprehensive technology suite to enhance operational efficiency and support long-term growth for Galaxy's portfolio of brands [4][5] Company Overview - ServiceTitan is a cloud-based software platform designed to support trades businesses by providing tools for business management, customer experience, and operational efficiency [7] - Galaxy Service Partners is a newly formed alliance of companies specializing in commercial doors, automatic gates, and access control, focusing on maintaining unit-level ownership for its partners [8] Technology Utilization - Galaxy will utilize ServiceTitan's technology for property intelligence, AI-driven project controls, modern customer experiences, flexible estimating tools, streamlined workflows, and integrated technology stacks [4] - The technology suite aims to improve decision-making, enhance customer transparency, and boost productivity for contractors [4][5] Leadership and Vision - Galaxy was founded by industry veterans who previously established Guild Garage Group, which has become one of ServiceTitan's fastest-growing enterprise customers [3] - The leadership emphasizes a disciplined approach to scaling while preserving company culture and driving consistent performance across its brands [3][5]

Core Insights - The IPO market is experiencing a resurgence, with several companies going public to meet growing investor demand for newly listed shares [1] Company Summaries ServiceTitan - ServiceTitan completed its IPO late last year, providing cloud-based software for contractors in the trades industry, which generates an estimated $1.5 trillion in annual revenue in the U.S. [3][4] - The company currently serves a market that produces about $75 billion in revenue, indicating significant room for expansion as it aims to capture more businesses and extend services into additional trades [5] - ServiceTitan generates less than $900 million in annual revenue, with potential revenue from existing customers estimated to reach $1.5 billion. The company sees a $13 billion opportunity with its current platform and over $30 billion as it expands [6] - Revenue grew 25% in the fiscal second quarter of 2026 to $242 million, driven by strong customer retention and expansion, with a net dollar revenue retention rate exceeding 110% [7] - The company has substantial untapped market potential and an expanding customer base, suggesting a long path for revenue growth [8] Klarna Group - Klarna Group recently completed its IPO, focusing on buy now, pay later (BNPL) services and leveraging AI to enhance productivity and services [9] - The addressable market for Klarna's payments offering is $520 billion, of which it currently holds only 0.6%, indicating significant growth potential [10] - Management estimates over $100 billion of growth in existing markets and more than $400 billion in potential new markets, with the digital advertising market valued at $570 billion, where Klarna holds a mere 0.03% [11] - The company serves 790,000 merchants (a 34% year-over-year increase) and supports 111 million active customers (a 31% increase), contributing to a 20% revenue boost to $823 million [12] - Klarna's small market share in both payments and digital advertising suggests ample opportunity for rapid revenue growth as it expands into new sectors [13] Investment Outlook - Both ServiceTitan and Klarna are positioned to capitalize on their respective market opportunities through proprietary technology, indicating potential for game-changing returns [14]

Core Insights - The initiative by ServiceTitan connects contractors with The Home Depot's Path to Pro program to address the skilled trades labor gap in the U.S. [1][3] - The skilled trades industry is currently facing a significant labor shortage, with over 400,000 open construction jobs [2][7] - The partnership aims to create a sustainable future for the trades by investing in the next generation of skilled professionals [3] Company Overview - ServiceTitan is a software platform designed to support trades businesses with a cloud-based, end-to-end solution that helps contractors manage operations and enhance customer experience [6] - The Home Depot's Path to Pro program connects skilled tradespeople with job opportunities and offers free virtual classes to educate individuals about careers in the trades [7] Program Details - Contractors can join the Path to Pro program by registering for Home Depot's Pro Xtra loyalty program, gaining access to a hiring network and free training resources [4][8] - The Path to Pro Skills Program provides free, on-demand training and educational content to prepare future trades and construction professionals [8] - The Path to Pro Network allows ServiceTitan contractors to post job openings, review candidate portfolios, and connect with skilled tradespeople [8]