Acuren Corporation (TIC) AI Stock Analysis

• Market Cap: $2.45B
• Dividend Yield: N/A
• Average Volume (3M): 3.03M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.34
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 5,498
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 0.00
• Shares Outstanding: 220,106,700
• 10 Day Avg. Volume: 2,317,266
• 30 Day Avg. Volume: 3,026,929
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 3.69
• Enterprise Value/Gross Profit: 17.19
• Enterprise Value/Ebitda: 29.36
• 1Y Price Target: $15.33
• Price Target Upside: 37.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.16
• Revenue Forecast (FY): $1.55B

• Rating: 55 Neutral
• Price Target: $12.50 ▲(12.51% Upside)

Acuren Corporation's overall stock score reflects significant financial challenges, including declining revenues and liquidity issues. Technical indicators suggest a bearish trend, while the absence of valuation metrics limits a comprehensive assessment. The company's strong equity position is a positive aspect, but strategic improvements are needed for better financial health.

Acuren Corporation Business Overview & Revenue Model

Company Description

Acuren Corporation is a leading provider of industrial inspection and testing services, specializing in non-destructive testing (NDT), mechanical integrity, and engineering services. Operating across various sectors, including oil and gas, power generation, construction, and manufacturing, Acuren offers a wide range of solutions aimed at ensuring the safety, reliability, and efficiency of critical assets. The company's core services include inspection, testing, certification, and engineering consulting, which are essential for maintaining regulatory compliance and operational excellence.

How the Company Makes Money

Acuren Corporation generates revenue primarily through the provision of its inspection and testing services. The company operates on a fee-for-service model, where clients pay for the specific services rendered, such as NDT, inspection, and engineering consultations. Key revenue streams include long-term service contracts with major industrial clients, project-based engagements, and ongoing maintenance and inspection agreements. Additionally, Acuren may benefit from partnerships with equipment manufacturers and industry associations that enhance its service offerings and market reach, thereby contributing to its overall earnings. The company's strong reputation and expertise allow it to secure repeat business and referrals, further bolstering its financial performance.

Acuren Corporation Financial Statement Overview

Summary

Acuren Corporation is facing financial challenges with declining revenues and profitability issues. The income statement reveals a negative net profit margin and declining EBIT and EBITDA margins. The balance sheet shows a strong equity position but moderate leverage. Cash flow is a concern with negative free cash flow growth, indicating liquidity challenges.

Income Statement

Acuren Corporation has seen a significant drop in revenue from the previous year, translating to a negative revenue growth rate. The gross profit margin stands at 25.55%, indicating moderate efficiency in controlling production costs. However, the company is facing challenges with profitability, as evidenced by a negative net profit margin of -2.48% and a significant decline in EBIT and EBITDA margins to 5.59%. This highlights the need for improved cost management and revenue generation strategies.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of 52.15%, indicating stability and a solid asset base. However, the debt-to-equity ratio is 0.71, suggesting moderate leverage which could pose a risk if not managed carefully. The return on equity is negative at -1.36%, reflecting the current struggles with profitability.

Cash Flow

The cash flow statement shows declining free cash flow, with a negative free cash flow growth rate, indicating liquidity challenges. The operating cash flow to net income ratio is 0.17, suggesting inefficiencies in converting revenue into cash. The free cash flow to net income ratio is negative due to negative free cash flow, necessitating a focus on cash management and operational efficiencies.

Breakdown	TTM	Dec 2024	Dec 2023
Income Statement
Total Revenue	548.14M	633.87M	1.05B
Gross Profit	117.77M	161.99M	239.52M
EBITDA	68.94M	35.41M	150.56M
Net Income	-26.03M	-15.70M	-6.29M
Balance Sheet
Total Assets	2.24B	2.21B	1.26B
Cash, Cash Equivalents and Short-Term Investments	130.06M	139.13M	87.06M
Total Debt	813.22M	812.58M	730.00M
Total Liabilities	1.06B	1.06B	880.62M
Stockholders Equity	1.18B	1.15B	382.00M
Cash Flow
Free Cash Flow	13.81M	-10.61M	73.67M
Operating Cash Flow	26.30M	2.63M	95.81M
Investing Cash Flow	-28.41M	-1.83B	-26.53M
Financing Cash Flow	-10.31M	1.41B	-49.18M

Acuren Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TIC, the sentiment is Negative. The current price of 11.11 is below the 20-day moving average (MA) of 12.16, below the 50-day MA of 12.53, and below the 200-day MA of 11.37, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 36.21 is Neutral, neither overbought nor oversold. The STOCH value of 14.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TIC.

Acuren Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CDRE	80 Outperform	$1.77B	39.22	14.17%	0.88%	19.94%	33.38%
DCO	65 Neutral	$1.37B	33.76	-5.27%	―	3.16%	-213.56%
LNN	64 Neutral	$1.24B	16.97	14.61%	1.27%	11.41%	13.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TNC	59 Neutral	$1.36B	25.62	8.51%	1.45%	-2.24%	-48.77%
TIC	55 Neutral	$2.45B	―	―	―	―	―
EH	53 Neutral	$1.18B	―	-30.69%	―	87.67%	18.33%

Acuren Corporation Corporate Events

Acuren Corporation Completes $250M Private Placement

On October 5, 2025, Acuren Corporation entered into a Securities Purchase Agreement for a private placement of approximately $250 million worth of its common stock and pre-funded warrants. The private placement, which closed on October 7, 2025, is intended to fund general corporate purposes. The agreement includes a Registration Rights Agreement, obligating Acuren to file a registration statement with the SEC to register the resale of the shares. This strategic move is expected to bolster Acuren’s financial position and operational capabilities, potentially impacting its market presence and stakeholder interests.

The most recent analyst rating on (TIC) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.

Acuren Corporation Reports Q2 2025 Earnings and NV5 Merger

Acuren Corporation is a prominent provider of tech-enabled Testing, Inspection, Certification, and Compliance (TICC) services and asset integrity solutions, primarily operating in North America across diverse markets such as industrials, infrastructure, energy, and renewables.

Acuren Corporation Completes Merger with NV5 Global

On August 4, 2025, Acuren Corporation completed its merger with NV5 Global, Inc., creating a $2 billion market-leading TICC and engineering services company. This strategic merger is expected to enhance Acuren’s operational and financial positioning, enabling cross-selling opportunities and sustainable growth. The company reported a revenue of $313.9 million for the second quarter of 2025, marking a 1.5% year-over-year increase driven by strong callout work. Acuren’s integration with NV5 is anticipated to deliver significant value to customers, employees, and investors, while expanding its service offerings and geographic reach.

The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.

Acuren Corporation Completes Merger with NV5 Global

Acuren Corporation has completed its merger with NV5 Global, Inc., creating a market-leading North American provider of TICC and engineering services. This merger, finalized on August 4, 2025, enhances Acuren’s ability to serve a broader customer base across critical industrial assets, public infrastructure, and the built environment. The transaction, valued at approximately $1.7 billion, was approved by the stockholders of both companies and received necessary regulatory approvals. As part of the merger, Acuren has appointed three new directors to its Board and reorganized its operations into three segments: Inspection and Mitigation, Engineering and Lab, and Geospatial. The merger is expected to unlock growth opportunities, enhance recurring revenue, and deliver synergies through cross-selling and cost optimization.

The most recent analyst rating on (TIC) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.