ServiceTitan, Inc. Class A (TTAN) AI Stock Analysis

• Market Cap: $8.97B
• Dividend Yield: N/A
• Average Volume (3M): 1.27M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 26.45%
• EPS Growth: -74.34%
• Country: US
• Employees: 3,049
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.33
• Shares Outstanding: 79,717,700
• 10 Day Avg. Volume: 717,819
• 30 Day Avg. Volume: 1,271,106
• PEG Ratio: -0.09
• Price to Book (P/B): 2.98
• Price to Sales (P/S): 5.61
• P/FCF Ratio: 280.29
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 11.99
• Enterprise Value/Gross Profit: 17.67
• Enterprise Value/Ebitda: -75.80
• 1Y Price Target: $135.93
• Price Target Upside: 43.40% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 17

• Rating: 51 Neutral
• Price Target: $97.00 ▲(2.33% Upside)

ServiceTitan's overall stock score reflects strong revenue growth and positive earnings call sentiment, offset by challenges in profitability and bearish technical indicators. The company's advancements in AI and strategic partnerships are promising, but the lack of profitability and negative valuation metrics weigh heavily on the score.

Positive Factors

Strong Revenue Growth

Consistent revenue growth indicates robust market demand and effective business strategies, supporting long-term expansion and market presence.

AI and Automation Advancements

Advancements in AI and automation enhance operational efficiency and customer value, positioning ServiceTitan as a leader in tech-driven service solutions.

Strategic Partnerships

Strategic partnerships expand market reach and customer base, fostering growth opportunities and strengthening competitive positioning.

Negative Factors

Profitability Challenges

Persistent profitability issues can hinder financial sustainability and limit reinvestment in growth initiatives, posing long-term risks.

High Operating Losses

Continued operating losses may strain resources and impede the ability to scale efficiently, affecting long-term operational success.

Hiring Challenges

Delays in hiring can impact the company's ability to scale operations and meet growing demand, potentially affecting service quality and growth.

ServiceTitan, Inc. Class A Business Overview & Revenue Model

Company Description

ServiceTitan, Inc. engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.

How the Company Makes Money

ServiceTitan generates revenue primarily through its subscription-based software model. The company charges its clients a monthly fee for access to its platform, which is tiered based on the size of the business and the features utilized. Key revenue streams include software licensing fees, transaction fees for payment processing, and additional charges for premium features and services. Furthermore, ServiceTitan has formed strategic partnerships with various industry organizations and service providers, enhancing its market presence and contributing to its growth. These collaborations often lead to cross-promotional opportunities and increased customer acquisition, further bolstering the company's earnings.

ServiceTitan, Inc. Class A Financial Statement Overview

Summary

ServiceTitan, Inc. shows strong revenue growth and improving cash flow, yet faces challenges in profitability and operational efficiency. The balance sheet reflects a robust equity position with low leverage, providing financial stability. Continued focus on reducing operating losses and improving cost management will be crucial for translating growth into sustainable profitability.

Income Statement

ServiceTitan, Inc. shows consistent revenue growth with a 25.63% increase from 2024 to 2025, following a robust 31.34% rise from 2023 to 2024. However, the company struggles with profitability, as evidenced by negative EBIT, EBITDA, and net income margins. The gross profit margin is relatively strong at 64.93% for 2025, but the high operating losses indicate significant challenges in cost management and achieving economies of scale.

Balance Sheet

The balance sheet shows a strong equity position with a positive stockholders' equity of $1.45 billion in 2025, recovering from negative equity in previous years. The debt-to-equity ratio stands at a low 0.11, indicating low leverage and reduced financial risk. However, the equity ratio of 82.22% suggests a high reliance on equity financing, which might be unsustainable without profitability improvements.

Cash Flow

ServiceTitan demonstrates a positive turnaround in cash flow with an operating cash flow of $37.05 million in 2025, up from negative values in prior years. Free cash flow is also positive at $15.45 million, marking a significant improvement. The free cash flow to net income ratio remains challenging due to negative net income, but the positive cash flow trajectory indicates better cash management and operational efficiencies.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023
Income Statement
Total Revenue	866.37M	771.88M	614.34M	467.73M
Gross Profit	587.87M	500.93M	376.63M	266.02M
EBITDA	-137.04M	-141.04M	-93.58M	-170.38M
Net Income	-225.99M	-239.09M	-195.15M	-269.52M
Balance Sheet
Total Assets	1.78B	1.77B	1.52B	1.60B
Cash, Cash Equivalents and Short-Term Investments	471.49M	441.80M	146.71M	202.49M
Total Debt	158.47M	165.41M	245.96M	253.12M
Total Liabilities	294.47M	314.06M	366.11M	385.85M
Stockholders Equity	1.49B	1.45B	1.15B	1.21B
Cash Flow
Free Cash Flow	48.37M	15.45M	-84.32M	-212.72M
Operating Cash Flow	56.73M	37.05M	-39.70M	-120.75M
Investing Cash Flow	-23.40M	-22.78M	-40.35M	-681.18M
Financing Cash Flow	309.41M	279.71M	24.27M	889.03M

ServiceTitan, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 94.79
• 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 TTAN, the sentiment is Negative. The current price of 94.79 is below the 20-day moving average (MA) of 98.83, below the 50-day MA of 104.76, and below the 200-day MA of 105.64, indicating a bearish trend. The MACD of -3.63 indicates Positive momentum. The RSI at 39.07 is Neutral, neither overbought nor oversold. The STOCH value of 37.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TTAN.

ServiceTitan, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAY	71 Outperform	$10.80B	225.63	1.89%	―	13.46%	2.06%
PCOR	69 Neutral	$10.87B	―	-11.54%	―	16.08%	-51.78%
ESTC	65 Neutral	$8.91B	―	-9.65%	―	17.42%	-228.98%
BSY	65 Neutral	$15.68B	66.00	23.69%	0.52%	10.45%	-32.43%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
U	53 Neutral	$14.90B	―	-13.62%	―	-13.74%	48.10%
TTAN	51 Neutral	$8.97B	―	-37.28%	―	26.45%	-74.34%

ServiceTitan, Inc. Class A Corporate Events

ServiceTitan’s Earnings Call Highlights AI-Driven Growth

ServiceTitan, Inc. Class A Reports Strong Financial Growth Amid AI and Automation Advancements

ServiceTitan Reports Strong Q2 Growth and Positive Outlook

ServiceTitan, Inc. is a software company that provides a cloud-based platform for trades businesses, offering tools to manage operations and enhance customer experience. In its latest earnings report, ServiceTitan announced a strong fiscal second quarter, with significant growth in gross transaction volume and total revenue compared to the previous year. The company reported a 19% increase in gross transaction volume, reaching $22.9 billion, and a 25% rise in total revenue, amounting to $242.1 million. Despite a GAAP loss from operations of $34.8 million, the company achieved a non-GAAP income from operations of $29.2 million, reflecting an improved operating margin of 12.1%.