Titan Machinery (TITN) AI Stock Analysis

• Market Cap: $380.00M
• Dividend Yield: N/A
• Average Volume (3M): 228.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: -8.92%
• EPS Growth: -304.76%
• Country: US
• Employees: 3,340
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): 0.05
• Shares Outstanding: 23,370,174
• 10 Day Avg. Volume: 226,155
• 30 Day Avg. Volume: 228,570
• PEG Ratio: 0.09
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 22.94
• Enterprise Value/Market Cap: 4.00
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 4.38
• Enterprise Value/Ebitda: 414.19
• 1Y Price Target: $23.00
• Price Target Upside: 42.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $17.00 ▲(5.39% Upside)

Titan Machinery's overall stock score reflects significant financial challenges, with declining revenue and profitability being the most impactful factors. Technical analysis provides some short-term bullish signals, but longer-term trends remain bearish. Valuation is poor due to negative earnings and lack of dividends. The earnings call offers some positive developments, but ongoing challenges temper the outlook.

Positive Factors

Improved Equipment Margins

Improved equipment margins indicate better pricing strategies and cost management, enhancing profitability and competitive positioning.

Strong European Performance

Strong performance in Europe, driven by strategic market positioning, supports revenue diversification and mitigates regional risks.

Inventory Reduction

Effective inventory management reduces holding costs and improves cash flow, providing financial flexibility for future investments.

Negative Factors

Declining Revenue

Declining revenue reflects challenges in market demand and competitiveness, potentially impacting long-term growth and profitability.

Challenges in Domestic Segments

Weakness in domestic segments suggests vulnerability to local market conditions, affecting overall revenue stability and growth potential.

Australia Segment Struggles

Significant sales decline in Australia indicates operational challenges and market saturation, impacting regional performance and profitability.

Titan Machinery Business Overview & Revenue Model

Company Description

Titan Machinery Inc. is a leading retailer of agricultural and construction equipment in the United States and Europe. Founded in 1980 and headquartered in West Fargo, North Dakota, the company operates a network of dealerships that provide a wide range of equipment, including tractors, combines, excavators, and other machinery. Titan Machinery offers both new and used equipment sales, rental services, and aftermarket parts and services, catering primarily to farmers, contractors, and other industrial customers.

How the Company Makes Money

Titan Machinery generates revenue through multiple streams, primarily from the sale of new and used equipment. The company partners with major manufacturers such as Case IH and CASE Construction Equipment, which allows them to offer a diverse selection of high-quality machinery. In addition to equipment sales, Titan Machinery earns significant income from parts and service operations, which include maintenance, repair, and aftermarket support for the equipment they sell. Rental services also contribute to their revenue by allowing customers to access equipment for shorter periods without the upfront costs of purchase. Furthermore, the company benefits from financing options provided to customers through partnerships with financial institutions, helping to facilitate equipment sales and enhancing customer loyalty.

Titan Machinery Financial Statement Overview

Summary

Titan Machinery faces significant financial challenges with declining revenue and profitability. The income statement shows negative revenue growth and margins, while the balance sheet indicates improved leverage but negative returns. Cash flow generation is weak, with declining free cash flow growth.

Income Statement

Titan Machinery's income statement shows declining revenue and profitability. The TTM data indicates a negative revenue growth rate of -1.37%, with a gross profit margin of 13.62% and a net profit margin of -2.43%. The EBIT and EBITDA margins are also negative, reflecting operational challenges. The annual data shows a consistent decline in margins and profitability over the past two years, indicating a need for strategic improvements.

Balance Sheet

The balance sheet reveals a mixed financial position. The TTM debt-to-equity ratio is 0.18, indicating a low leverage compared to the previous year, which had a high ratio of 1.63. However, the return on equity is negative at -10.12%, reflecting poor profitability. The equity ratio is stable, suggesting a reasonable asset base relative to equity.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by -20.37% in the TTM period. The operating cash flow to net income ratio is 0.23, indicating limited cash generation relative to net losses. The free cash flow to net income ratio is 0.81, suggesting some ability to cover net losses with free cash flow, but overall cash flow performance is weak.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.70B	2.76B	2.21B	1.71B	1.41B
Gross Profit	395.63M	531.35M	439.84M	332.72M	261.36M
EBITDA	42.61M	200.32M	163.52M	124.63M	73.17M
Net Income	-36.91M	110.92M	101.87M	66.05M	19.36M
Balance Sheet
Total Assets	1.81B	1.99B	1.19B	946.67M	815.79M
Cash, Cash Equivalents and Short-Term Investments	35.90M	38.07M	43.91M	146.15M	78.99M
Total Debt	1.00B	1.07B	413.93M	290.24M	306.49M
Total Liabilities	1.20B	1.33B	652.39M	511.47M	444.51M
Stockholders Equity	614.08M	657.64M	536.31M	435.20M	371.28M
Cash Flow
Free Cash Flow	18.45M	-94.64M	-26.39M	121.29M	152.91M
Operating Cash Flow	70.29M	-32.28M	10.82M	158.92M	173.00M
Investing Cash Flow	-47.75M	-163.37M	-134.06M	-55.20M	-20.30M
Financing Cash Flow	-23.62M	188.58M	21.96M	-35.34M	-117.94M

Titan Machinery Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TITN, the sentiment is Negative. The current price of 16.13 is below the 20-day moving average (MA) of 16.59, below the 50-day MA of 16.19, and below the 200-day MA of 17.91, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 46.95 is Neutral, neither overbought nor oversold. The STOCH value of 46.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TITN.

Titan Machinery Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GIC	77 Outperform	$1.16B	17.14	22.61%	3.51%	0.16%	2.99%
DXPE	71 Outperform	$1.70B	20.74	19.58%	―	12.76%	36.11%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DSGR	59 Neutral	$1.31B	-120.67	-1.68%	―	14.46%	-588.82%
EVI	54 Neutral	$323.57M	57.54	3.77%	―	12.63%	-21.23%
TITN	51 Neutral	$380.00M	-5.92	-9.63%	―	-8.92%	-304.76%

Titan Machinery Corporate Events

Titan Machinery Reports Q3 2026 Results, Raises Inventory Targets

Titan Machinery Inc., headquartered in West Fargo, North Dakota, operates a network of full-service agricultural and construction equipment stores across North America, Europe, and Australia, representing brands such as Case IH and New Holland Agriculture.

Titan Machinery’s Mixed Earnings Call Reveals Progress and Challenges

Titan Machinery’s recent earnings call presented a mixed sentiment, with notable achievements in inventory reduction and equipment margin improvements, particularly in the European segment. However, these positives were overshadowed by revenue declines in key areas such as domestic agriculture and construction, as well as ongoing struggles in the Australian segment. The divestment in Germany further highlighted operational challenges, painting a picture of a company navigating through both progress and persistent difficulties.

Titan Machinery’s Earnings Call: Mixed Signals Amid Challenges

Titan Machinery’s recent earnings call painted a mixed picture of the company’s current financial health. While there were positive developments, such as progress in inventory reduction and robust performance in the European segment, significant challenges remain. The company is grappling with revenue decline and depressed margins in its core domestic Agriculture and Construction segments. Despite these hurdles, Titan Machinery is strategically focusing on inventory optimization and maintaining customer service stability through its parts and services division. However, the overall financial performance is under pressure.

Titan Machinery Reports Q2 Results Amid Challenging Market

Titan Machinery Inc., headquartered in West Fargo, North Dakota, operates a network of full-service agricultural and construction equipment dealer locations across North America, Europe, and Australia, providing services to farmers, ranchers, and commercial applicators.