Group 1 - ServiceTitan reported adjusted earnings of 18 cents per share, exceeding market estimates of 12 cents per share [1] - Quarterly sales reached $215.69 million, surpassing expectations of $208.69 million [1] - The company raised its FY2026 sales guidance from a range of $895 million-$905 million to $910 million-$920 million [1] Group 2 - Co-Founder and President Vahe Kuzoyan emphasized the company's focus on delivering ROI to customers and building transformative outcomes [2] - Following the earnings announcement, ServiceTitan shares fell by 7.7% to $105.68 [2] - Analysts adjusted their price targets for ServiceTitan, with Morgan Stanley raising it from $107 to $109, Loop Capital from $90 to $100, and Needham maintaining a $140 target [7]
These Analysts Increase Their Forecasts On ServiceTitan After Q1 Results