Acuren Corporation (TIC) AI Stock Analysis

• Market Cap: $2.11B
• Dividend Yield: N/A
• Average Volume (3M): 3.08M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 5,498
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): -0.08
• Shares Outstanding: 220,559,710
• 10 Day Avg. Volume: 3,080,494
• 30 Day Avg. Volume: 3,080,019
• PEG Ratio: 1.04
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 2.30
• P/FCF Ratio: -137.36
• Enterprise Value/Market Cap: 2.05
• Enterprise Value/Revenue: 4.23
• Enterprise Value/Gross Profit: 15.99
• Enterprise Value/Ebitda: 32.48
• 1Y Price Target: $14.50
• Price Target Upside: 51.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $9.00 ▼(-5.76% Downside)

The overall stock score reflects significant financial and technical challenges. The company's financial performance is under pressure due to declining revenues and liquidity issues. Technical indicators show bearish momentum, and the absence of valuation metrics adds uncertainty. Despite positive elements from the earnings call, such as growth in key segments and synergy targets, the overall outlook remains cautious.

Positive Factors

Revenue Growth

Consistent revenue growth demonstrates expanding market reach and product adoption, supporting long-term business sustainability.

Consulting Engineering Segment Expansion

The expansion in the Consulting Engineering segment indicates strong demand and potential for continued growth in high-value services.

Increased Synergy Targets

Higher synergy targets from integration efforts can enhance operational efficiency and profitability over the long term.

Negative Factors

Declining Revenue in Inspection Segment

Declining revenue in a core segment suggests challenges in maintaining market share and could impact overall growth prospects.

Liquidity Challenges

Liquidity challenges can constrain the company's ability to invest in growth opportunities and manage operational costs effectively.

Increased SG&A Expenses

Rising SG&A expenses can pressure margins and reduce profitability, necessitating better cost management strategies.

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 balance sheet shows a strong equity base, but liquidity challenges are evident, necessitating strategic initiatives for revenue growth and cost management.

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	1.02B	1.10B	1.05B
Gross Profit	270.50M	265.66M	239.52M
EBITDA	133.22M	87.08M	150.56M
Net Income	-39.92M	-121.16M	-6.29M
Balance Sheet
Total Assets	4.22B	2.21B	1.26B
Cash, Cash Equivalents and Short-Term Investments	164.43M	139.13M	87.06M
Total Debt	1.72B	812.58M	730.00M
Total Liabilities	2.27B	1.06B	880.62M
Stockholders Equity	1.95B	1.15B	382.00M
Cash Flow
Free Cash Flow	530.90K	-4.51M	73.67M
Operating Cash Flow	28.72M	23.07M	95.81M
Investing Cash Flow	-1.15B	-1.89B	-26.53M
Financing Cash Flow	1.16B	1.42B	-49.18M

Acuren Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 9.55 is below the 20-day moving average (MA) of 10.12, below the 50-day MA of 11.88, and below the 200-day MA of 11.20, indicating a bearish trend. The MACD of -0.67 indicates Negative momentum. The RSI at 36.50 is Neutral, neither overbought nor oversold. The STOCH value of 80.59 is Negative, 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	$1.72B	38.14	14.17%	0.89%	19.94%	33.38%
LNN	64 Neutral	$1.24B	17.26	14.61%	1.25%	11.41%	13.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TNC	59 Neutral	$1.31B	24.82	8.51%	1.65%	-2.24%	-48.77%
DCO	58 Neutral	$1.34B	―	-5.27%	―	3.16%	-213.56%
TIC	48 Neutral	$2.11B	―	―	―	―	―
EH	43 Neutral	$1.00B	―	-31.44%	―	23.58%	-0.70%

Acuren Corporation Corporate Events

TIC Solutions Reports Strong Q3 Revenue Amid NV5 Integration

TIC Solutions, Inc. is a leading provider of critical asset integrity solutions, offering tech-enabled Testing, Inspection, Certification, and Compliance (TICC) and engineering services across North America and select international markets. The company serves diversified end markets including industrials, energy processing, utilities, and infrastructure.

Acuren Corporation’s Earnings Call: Growth Amidst Challenges

The recent earnings call of Acuren Corporation presented a balanced view of TIC Solutions’ performance, highlighting significant growth and strategic progress, particularly in the Consulting Engineering and Geospatial segments. However, challenges in the Inspection and Mitigation segment and increased expenses were also noted. The company’s successful integration and increased synergy targets are promising, yet market-specific challenges remain.

Acuren Corporation Completes $250 Million Private Placement

TIC Solutions reported strong third-quarter 2025 financial results, with revenue of $473.9 million and an adjusted EBITDA of $77.3 million, reflecting the benefits of its merger with NV5 Global, Inc. The merger, completed on August 4, 2025, has created a market-leading $2 billion-plus TICC and engineering services business, enhancing the company’s diversification and synergy targets. Despite a net loss of $13.9 million, the company has improved its financial performance compared to previous periods, driven by increased demand across end markets and successful integration efforts. The company also completed a $250 million private placement in October 2025 to strengthen its balance sheet and support integration initiatives.

The most recent analyst rating on (TIC) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Acuren Corporation stock, see the TIC Stock Forecast page.

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.