Core Insights - ServiceTitan Inc. (NASDAQ:TTAN) is recognized as a promising young stock for long-term investment, with a Buy rating and a price target of $130 initiated by BTIG [1] - The company reported total revenue of $249.2 million in FQ3 2026, reflecting a 25% year-over-year growth, driven by a 26% increase in subscription revenue and a 24% rise in usage revenue [2] - Strategic initiatives focusing on AI and market expansion are central to ServiceTitan's growth strategy, including the MAX program aimed at automating workflows [3] Financial Performance - Total revenue for FQ3 2026 reached $249.2 million, marking a 25% increase compared to the previous year [2] - Subscription revenue grew by 26% to $182.8 million, while usage revenue increased by 24% to $56.8 million, attributed to higher utilization of fintech products [2] Strategic Initiatives - The MAX program, an AI-driven initiative, is currently in a pilot phase with about 50 customers, with plans for a broader rollout [3] - ServiceTitan is expanding its presence in the commercial sector and has recently acquired Conduit for $20 million to enhance its residential HVAC offerings [3] Company Overview - ServiceTitan provides a comprehensive cloud-based software platform in the US and Canada, designed to connect and manage various business workflows [4]
Is ServiceTitan (TTAN) One of the Best Young Stocks to Buy and Hold for 3 Years?