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Tetra Tech ( (TTEK) ) has issued an update.
On January 6, 2026, Tetra Tech announced a planned leadership transition in which long-time executive Roger Argus will be appointed chief executive officer, effective February 19, 2026, concurrent with the company’s annual shareholder meeting. Argus, who has been with Tetra Tech for over 30 years and most recently served as president, is credited with helping shape the firm’s strategy, drive operational excellence, lead major water, infrastructure, environmental, and emergency management programs, and integrate key acquisitions that expanded its global footprint and technical capabilities. Current chairman and CEO Dan Batrack, who has led the company’s transformation over more than two decades from a primarily U.S.-based consulting engineer to a $5 billion global enterprise, will transition to executive chairman for at least two years, maintaining involvement in long-term strategy and ensuring continuity. The board framed the move as the culmination of a long-term succession plan designed to preserve Tetra Tech’s culture and performance while positioning the company for continued global growth and long-term value creation for stakeholders.
The most recent analyst rating on (TTEK) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on Tetra Tech stock, see the TTEK Stock Forecast page.
Spark’s Take on TTEK Stock
According to Spark, TipRanks’ AI Analyst, TTEK is a Neutral.
The score is driven primarily by solid underlying financial profitability and a strong, constructive earnings-call outlook (record performance, large backlog, and positive FY2026 guidance). This is offset by weaker cash flow growth and a high P/E with a low dividend yield, while technical signals remain broadly neutral.
To see Spark’s full report on TTEK stock, click here.
More about Tetra Tech
Tetra Tech, Inc. (NASDAQ: TTEK) is a global leader in water, environmental and sustainable infrastructure solutions, providing high-end consulting and engineering services for complex projects worldwide. With more than 25,000 employees, the company focuses on the full water cycle, environmental protection and restoration, and the design of sustainable, resilient infrastructure for public- and private-sector clients.
Average Trading Volume: 2,347,222
Technical Sentiment Signal: Hold
Current Market Cap: $9.11B
See more insights into TTEK stock on TipRanks’ Stock Analysis page.