Target Hospitality sees FY26 revenue $320M-$330M, consensus $276.17M

Sees FY26 adjusted EBITDA $60M-$70M. Sees FY26 capital expenditures $65M-$75M. “Our momentum reflects a historic investment cycle across U.S. AI infrastructure, critical minerals, and power-generation development. With our integrated platform and differentiated services – including Target Hyper/Scale – we have established a core strategic growth vertical and positioned Target as a well-capitalized, essential solutions provider in these rapidly expanding sectors. As demand accelerates and our pipeline deepens, Target is operating from a position of increasing strength. We believe we are at an inflection point and remain focused on sustaining this trajectory and creating long-term value,” concluded Archer.