ServiceTitan Shares Surge Following Strong Q1 Financial Results
ServiceTitan Rallies On Strong Q1 Results And Outlook

Image: Benzinga
ServiceTitan, Inc. (NASDAQ:TTAN) saw its stock rise over 5% after reporting strong fiscal Q1 2027 results, including adjusted earnings of 37 cents per share and revenues of $268.82 million. The company also raised its sales guidance for the year, reflecting solid growth despite a declining broader market.
- 01ServiceTitan reported adjusted earnings of 37 cents per share, exceeding the consensus estimate of 27 cents.
- 02Revenues increased by 25% to $268.82 million, surpassing analysts' expectations of $256.67 million.
- 03The company raised its fiscal 2027 sales guidance to between $1.13 billion and $1.14 billion, compared to the previous range of $1.11 billion to $1.12 billion.
- 04Analysts have given ServiceTitan a Buy rating with an average price target of $107.62.
- 05The stock is currently trading 23.9% above its 20-day simple moving average of $64.70.
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ServiceTitan, Inc. (NASDAQ:TTAN) experienced a significant stock increase of over 5% following the release of its fiscal first-quarter 2027 financial results. The company reported adjusted earnings of 37 cents per share, surpassing the consensus estimate of 27 cents. Revenues rose by 25% to $268.82 million, exceeding analysts' predictions of $256.67 million. CEO Ara Mahdessian emphasized the strong start for customers and the company's ongoing growth initiatives. In response to this performance, ServiceTitan raised its fiscal 2027 sales guidance to a range of $1.13 billion to $1.14 billion, above the consensus of $1.117 billion. The company anticipates second-quarter sales between $284 million and $286 million, also exceeding Wall Street's expectations. Despite the broader market decline, ServiceTitan's stock momentum appears to be improving, with analysts maintaining a Buy rating and raising price targets, reflecting confidence in the company's growth trajectory.
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