ServiceTitan Q3 Reflects Strong Execution, Morgan Stanley Says

MT Newswires Live12-06

ServiceTitan (TTAN) continues to show solid execution, with Q3 results and fiscal 2026 guidance exceeding consensus across all metrics, Morgan Stanley said in a report Friday.

"Q3 results delivered another healthy beat and raise, and very little, if anything to pick at," the report said.

The note said the firm remains an attractive Vertical Software asset as it is well positioned within its core residential markets.

The company is also progressing well in Commercial markets not only based on recent momentum, but also following the rollout of expanded platform capabilities, the report said.

Morgan Stanley raised its price target to $125 from $118 while keeping its equal-weight rating on the stock.

Shares were up over 8% in recent trading.

Price: 103.44, Change: +7.85, Percent Change: +8.21

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