SERVICETITAN INC (TTAN)

NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-10-23

$87.06+2.18%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge SERVICETITAN INC’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-0.6%

+10% or more+5%0%−5%−10% or less

1.65 → 1.64 EPS · FY ending Jan 31, 2028 · 9 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 9 to 9; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
FY 2027 · Q3
Revenue	$285M–$287M	286.45M
EPS	—	0.262
FY 2027 · Q4
Revenue	—	294.31M
EPS	—	0.333
FY 2027 · Annual
Revenue	$1.14B–$1.14B	1.14B
EPS	—	1.357
FY 2028 · Annual
Revenue	—	1.31B
EPS	—	1.644

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain stable management and progress on growth targets	A supporting condition in SERVICETITAN INC's published investment case. The stated target is Stable management and on-track progress.	Under Pressure	Management turnover or failure to progress on targets	Q2 EPS 40c vs 35c consensus; FY27 rev guide $1.14B-$1.14B Q2 EPS beat consensus; FY27 revenue guidance issued; stock dropped 30% on AI concerns. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Achieve non-GAAP income from operations of $142 - $147 million in FY 2027	A primary condition in SERVICETITAN INC's published investment case. The stated target is 142 - 147 USD millions.	Intact	Operating income falls below $142 million in FY 2027	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Non-GAAP income from operations increased from $44.4 million in first half 2026 to $85.2 million in first half 2027, showing improving profitability. Management's guidance for full fiscal year 2027 non-GAAP income from operations is $142 to $147 million, indicating progress toward profitability goals. Delivery assessment Oct 24, 2026
Increase quarterly revenue to $284 - $286 million in 2027-Q2	A supporting condition in SERVICETITAN INC's published investment case. The stated target is 284 - 286 USD millions.	Intact	Quarterly revenue falls below $284 million in 2027-Q2	Revenue: $292.756M FY2027-Q2; GAAP. Published target: 284 - 286 USD millions. The target does not explicitly identify fiscal versus calendar quarters. Source published Sep 8, 2026292,756,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2027-Q2 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: de156160-f522-41d1-badc-639d4b60dc4f. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Quarterly revenue grew from $242.1 million in 2026-Q2 to $292.8 million in 2027-Q2, exceeding the guidance range of $284 to $286 million. Management is delivering on the near-term revenue growth milestone for 2027-Q2. Delivery assessment Oct 24, 2026
Increase revenue to $1,130 - $1,140 million in FY 2027	A primary condition in SERVICETITAN INC's published investment case. The stated target is 1130 - 1140 USD millions.	Intact	Revenue falls below $1,130 million in FY 2027	Revenue: $292.756M FY2027-Q2; GAAP. Published target: 1130 - 1140 USD millions. Target period is not explicitly aligned with this observation. Source published Sep 8, 2026292,756,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2027-Q2 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: de156160-f522-41d1-badc-639d4b60dc4f. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Revenue grew from $457.8 million in first half 2026 to $561.6 million in first half 2027, showing growth momentum. Management's guidance for full fiscal year 2027 revenue is $1,130 to $1,140 million, consistent with stated growth targets and delivering on revenue expansion. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2028 · fiscal year ending 2028-01-31 · fmp

FY2028 EPS$1.64

$1.64 → $1.64 · observed estimates

FY2028 revenue$1.31B

$1.30B → $1.31B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2028 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$1.64	$1,302,129,199	9 / 13
2026-07-25	$1.64	$1,302,129,199	9 / 13
2026-07-26	$1.64	$1,302,129,199	9 / 13
2026-07-27	$1.64	$1,302,129,199	9 / 13
2026-07-28	$1.64	$1,302,129,199	9 / 13
2026-07-29	$1.64	$1,302,129,199	9 / 13
2026-07-30	$1.64	$1,302,129,199	9 / 13
2026-07-31	$1.64	$1,302,129,199	9 / 13
2026-08-01	$1.64	$1,302,129,199	9 / 13
2026-08-02	$1.64	$1,302,129,199	9 / 13
2026-08-03	$1.64	$1,302,129,199	9 / 13
2026-08-04	$1.64	$1,302,129,199	9 / 13
2026-08-05	$1.64	$1,302,129,199	9 / 13
2026-08-06	$1.64	$1,302,129,199	9 / 13
2026-08-08	$1.64	$1,302,129,199	9 / 13
2026-08-09	$1.64	$1,302,129,199	9 / 13
2026-08-10	$1.64	$1,302,129,199	9 / 13
2026-08-12	$1.64	$1,302,129,199	9 / 13
2026-08-13	$1.64	$1,302,129,199	9 / 13
2026-08-14	$1.64	$1,302,129,199	9 / 13
2026-08-15	$1.64	$1,302,129,199	9 / 13
2026-08-16	$1.64	$1,302,129,199	9 / 13
2026-08-17	$1.64	$1,302,129,199	9 / 13
2026-08-18	$1.64	$1,302,129,199	9 / 13
2026-08-19	$1.64	$1,302,129,199	9 / 13
2026-08-20	$1.64	$1,304,519,799	9 / 13
2026-08-21	$1.64	$1,304,519,799	9 / 13
2026-08-22	$1.64	$1,304,519,799	9 / 13
2026-08-23	$1.64	$1,304,519,799	9 / 13
2026-08-24	$1.64	$1,304,519,799	9 / 13
2026-08-25	$1.64	$1,304,503,363	9 / 13
2026-08-26	$1.64	$1,304,503,363	9 / 13
2026-08-27	$1.64	$1,304,503,363	9 / 13
2026-08-28	$1.64	$1,304,503,363	9 / 13
2026-08-29	$1.64	$1,304,503,363	9 / 13
2026-08-30	$1.64	$1,304,503,363	9 / 13
2026-08-31	$1.64	$1,304,503,363	9 / 13
2026-09-01	$1.64	$1,304,503,363	9 / 13
2026-09-02	$1.64	$1,304,503,363	9 / 13
2026-09-03	$1.64	$1,304,503,363	9 / 13
2026-09-04	$1.64	$1,304,503,363	9 / 13
2026-09-05	$1.64	$1,304,503,360	9 / 13
2026-09-06	$1.64	$1,304,503,360	9 / 13
2026-09-07	$1.64	$1,304,503,360	9 / 13
2026-09-08	$1.64	$1,304,505,036	9 / 13
2026-09-09	$1.64	$1,306,672,143	9 / 13
2026-09-10	$1.65	$1,308,532,659	9 / 13
2026-09-11	$1.65	$1,308,532,659	9 / 13
2026-09-12	$1.65	$1,307,819,130	9 / 13
2026-09-13	$1.65	$1,307,819,130	9 / 13
2026-09-14	$1.65	$1,307,819,130	9 / 13
2026-09-15	$1.65	$1,307,819,130	9 / 13
2026-09-16	$1.65	$1,307,819,130	9 / 13
2026-09-17	$1.65	$1,307,819,130	9 / 13
2026-09-18	$1.65	$1,307,819,130	9 / 13
2026-09-19	$1.65	$1,307,819,130	9 / 13
2026-09-20	$1.65	$1,307,819,130	9 / 13
2026-09-21	$1.65	$1,307,819,130	9 / 13
2026-09-22	$1.65	$1,307,819,130	9 / 13
2026-09-23	$1.65	$1,307,819,130	9 / 13
2026-09-24	$1.65	$1,307,819,130	9 / 13
2026-09-25	$1.65	$1,307,819,130	9 / 13
2026-09-26	$1.65	$1,308,330,894	9 / 13
2026-09-27	$1.65	$1,308,330,894	9 / 13
2026-09-28	$1.65	$1,308,330,894	9 / 13
2026-09-29	$1.65	$1,308,332,483	9 / 13
2026-09-30	$1.65	$1,308,332,483	9 / 13
2026-10-01	$1.65	$1,308,332,483	9 / 13
2026-10-02	$1.65	$1,308,332,483	9 / 13
2026-10-03	$1.65	$1,308,332,483	9 / 13
2026-10-04	$1.65	$1,308,332,483	9 / 13
2026-10-05	$1.65	$1,308,332,483	9 / 13
2026-10-06	$1.65	$1,308,332,483	9 / 13
2026-10-07	$1.65	$1,308,332,483	9 / 13
2026-10-08	$1.65	$1,308,334,365	9 / 13
2026-10-09	$1.64	$1,307,904,953	9 / 13
2026-10-10	$1.64	$1,307,904,953	9 / 13
2026-10-11	$1.64	$1,307,904,953	9 / 13
2026-10-12	$1.64	$1,307,904,953	9 / 13
2026-10-13	$1.64	$1,307,904,953	9 / 13
2026-10-14	$1.64	$1,307,904,953	9 / 13
2026-10-15	$1.64	$1,307,904,953	9 / 13
2026-10-16	$1.64	$1,307,904,953	9 / 13
2026-10-17	$1.64	$1,307,904,953	9 / 13
2026-10-18	$1.64	$1,307,904,953	9 / 13
2026-10-19	$1.64	$1,307,904,953	9 / 13
2026-10-20	$1.64	$1,307,904,953	9 / 13
2026-10-21	$1.64	$1,307,904,953	9 / 13
2026-10-22	$1.64	$1,307,904,953	9 / 13
2026-10-23	$1.64	$1,307,904,953	9 / 13
2026-10-24	$1.64	$1,307,904,953	9 / 13

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	15	3
2026-06-01	15	3
2026-07-01	15	2
2026-08-01	15	2
2026-09-01	15	2
2026-10-01	15	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 15 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades3 maintains

Recent actions · Sep 25–Oct 24 · 3 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain stable management and progress on growth targetsPublished status: Under Pressure
Achieve non-GAAP income from operations of $142 - $147 million in FY 2027Direct metric needs a verified mapping
Increase quarterly revenue to $284 - $286 million in 2027-Q2Revenue: $292.756M
Increase revenue to $1,130 - $1,140 million in FY 2027Revenue: $292.756M

Next proof point

Dec 3, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

2.6%Typical daily move · historical

Downside history

-50.8%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

SERVICETITAN INC outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a high-risk growth business, not yet a proven durable compounder, because the evidence still describes it as loss-making overall. The multi-year view is on watch: management is meeting stated growth and operating-income milestones, but recent performance remains weak relative to its industry cohort.

What's priced into SERVICETITAN INC

TTAN trades at a substantial premium to peers, reflecting expectations of durable growth, but the valuation model has low confidence. The expectations gap is marked as unjustified, while overall fragility is rated low because the evidence does not show the full combination of expensive valuation, weak results, and turbulent conditions.

What the fundamentals likely do

Near term, management’s revenue and non-GAAP operating-income goals are on track, and second-quarter revenue exceeded its stated range. However, TTAN missed its most recent quarter, has erratic earnings surprises, and its recent financial performance is weak, so execution remains uneven.

What SERVICETITAN INC hinges on

The multi-year thesis hinges on whether revenue growth continues and operating profitability improves as management guides. A guidance cut would weaken the case, while lower interest rates or continued strong results from major technology peers could support the sector backdrop.