On June 8, ServiceTitan fell 5.77% in regular trading, trading at $72.795/share, with trading volume of $40.83 million. The stock pulled back after surging over 14% in post-earnings trading sessions last week.
On the news front, ServiceTitan reported strong fiscal Q1 results on June 4, with revenue of $268.8 million, up 25% year-over-year and well above the consensus estimate of $256.7 million. Adjusted EPS came in at $0.37, beating expectations of $0.27 by 37%. The company raised its fiscal 2027 full-year revenue guidance to $1.13-$1.14 billion, above FactSet estimates of $1.12 billion. Adjusted operating margin expanded from 7.5% to 15.2%. Despite the positive fundamental backdrop, including Morgan Stanley raising its target price from $118 to $124 and Truist Securities lifting its target to $110, the stock gave back a portion of its earnings-driven gains in today's session, consistent with typical post-earnings profit-taking patterns.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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