Titan Machinery (TITN) AI Stock Analysis

• Market Cap: $456.61M
• Dividend Yield: N/A
• Average Volume (3M): 232.52K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.19
• Revenue Growth: -5.32%
• EPS Growth: -163.42%
• Country: US
• Employees: 3,340
• Sector: Industrials
• Sector Strength: 87
• Industry: Industrial - Distribution
• EPS (TTM): -0.58
• Shares Outstanding: 23,084,570
• 10 Day Avg. Volume: 222,449
• 30 Day Avg. Volume: 232,523
• PEG Ratio: 0.18
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -37.24
• Enterprise Value/Market Cap: 2.96
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 3.47
• Enterprise Value/Ebitda: 2.59
• 1Y Price Target: $22.80
• Price Target Upside: 18.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 52 Neutral
• Price Target: $20.50 ▲(6.11%Upside)

Titan Machinery's overall stock score reflects significant financial challenges, with declining profitability and negative cash flows as primary concerns. While technical and earnings call analyses show some positive elements, these are insufficient to offset the fundamental financial weaknesses.

Positive Factors

Inventory Strategy

The company's well-considered inventory reduction strategy provides optimism for the FY27+ outlook.

Revenue Performance

Revenue of $760M beat estimates behind an aggressive inventory reduction strategy.

Stock Performance

Stock performance is expected to improve as inventories decline, which should catalyze the shares.

Negative Factors

Earnings Outlook

A significant Q4’25 miss and soft FY26 outlook.

Market Demand

The bleak outlook for agricultural equipment demand is at the root of the meaningful valuation discount that TITN is experiencing.

Profitability Challenges

Depressed gross margins and elevated interest expense will keep the company from realizing a level of profitability which would justify a materially higher valuation until at least FY27.

Titan Machinery Business Overview & Revenue Model

Company Description

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, road and highway construction machinery, and energy and forestry operations equipment. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

How the Company Makes Money

Titan Machinery generates revenue primarily through the sale of new and used agricultural and construction equipment. The company also earns income from parts sales and service maintenance for the equipment it sells, which provides ongoing revenue streams beyond initial equipment sales. Equipment rental services contribute to its earnings as well, allowing customers to access machinery without the need for full ownership. In addition, Titan Machinery partners with leading equipment manufacturers, which enhances its product offerings and market reach, further supporting its revenue model.

Titan Machinery Financial Statement Overview

Summary

Titan Machinery's financial performance is challenged by declining profitability margins, inconsistent revenue growth, and negative cash flow. Despite improvements in leverage, the company's losses and operational inefficiencies highlight substantial pressure on financial stability.

Income Statement

Titan Machinery's income statement reveals challenges in maintaining profitability with a decline in gross profit margin from 19.26% in 2024 to 14.42% in TTM, coupled with a significant drop in net income to a loss of $36.91M. Revenue growth was inconsistent, falling by 2.04% from 2024 to TTM. Despite historical revenue growth, the company faces pressure on profitability margins, notably with an EBIT margin of 0.15% and a TTM net profit margin of -1.37%.

Balance Sheet

The balance sheet indicates mixed financial health. The debt-to-equity ratio improved to 0.069 in TTM from 1.64 in 2024, reflecting reduced leverage and a stronger equity position. However, the equity ratio decreased slightly from 32.99% in 2024 to 33.85% in TTM. Return on equity (ROE) dropped significantly, suggesting challenges in generating returns on shareholder investments. Stability is underlined by a healthier debt profile, but profitability concerns persist.

Cash Flow

Cash flow analysis highlights substantial operational challenges with negative operating cash flow of $56.19M in TTM. Free cash flow remains negative, showing limited capacity for self-financed growth. The operating cash flow to net income ratio is alarming, indicating inefficiencies in cash management. Although financing activities provided cash inflow, reliance on external funding is notable.

Breakdown
Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 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
	EBIT
4.01M	168.84M	138.32M	90.18M	37.41M
	EBITDA
38.43M	200.32M	167.38M	124.63M	73.17M
	Net Income Common Stockholders
-36.91M	110.92M	101.87M	66.05M	19.36M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
35.90M	38.07M	43.91M	146.15M	78.99M
	Total Assets
1.81B	1.99B	1.19B	946.67M	815.79M
	Total Debt
1.00B	1.08B	413.93M	281.26M	296.67M
	Net Debt
964.72M	1.04B	370.02M	135.11M	217.68M
	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: Neutral
• Last Price: 19.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Neutral. The current price of 19.32 is below the 20-day moving average (MA) of 19.67, above the 50-day MA of 18.16, and above the 200-day MA of 15.95, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 51.27 is Neutral, neither overbought nor oversold. The STOCH value of 71.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TITN.

Titan Machinery Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DXPE	77 Outperform	$1.24B	15.94	19.45%	―	11.94%	34.08%
GIC	76 Outperform	$1.03B	16.47	22.15%	3.98%	-0.79%	-13.64%
EVI	75 Outperform	$236.16M	37.66	4.71%	―	3.51%	33.35%
AIT	71 Outperform	$8.59B	22.63	22.23%	0.81%	0.50%	4.48%
Sector *	66 Neutral	$4.47B	12.22	5.40%	3.65%	4.14%	-12.00%
DSGR	63 Neutral	$1.24B	1,661.49	0.18%	―	13.91%	―
TITN	52 Neutral	$456.61M	11.08	-9.38%	―	-5.32%	-163.42%

Titan Machinery Corporate Events

Titan Machinery Holds Annual Meeting, Elects Board Members

On June 2, 2025, Titan Machinery held its Annual Meeting where stockholders elected Class III nominees to the Board of Directors for a three-year term, approved executive compensation, and ratified Deloitte & Touche LLP as the independent public accounting firm for the fiscal year ending January 31, 2026. These decisions reflect the company’s ongoing governance and financial oversight strategies, potentially impacting its operational stability and stakeholder confidence.

The most recent analyst rating on (TITN) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Titan Machinery stock, see the TITN Stock Forecast page.