Titan International (TWI) AI Stock Analysis

• Market Cap: $458.41M
• Dividend Yield: N/A
• Average Volume (3M): 684.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: -2.75%
• EPS Growth: 22.20%
• Country: US
• Employees: 8,303
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): -0.27
• Shares Outstanding: 64,024,055
• 10 Day Avg. Volume: 959,678
• 30 Day Avg. Volume: 684,540
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.27
• P/FCF Ratio: -20.22
• Enterprise Value/Market Cap: 2.11
• Enterprise Value/Revenue: 0.53
• Enterprise Value/Gross Profit: 3.91
• Enterprise Value/Ebitda: 11.01
• 1Y Price Target: $12.00
• Price Target Upside: 65.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.12
• Revenue Forecast (FY): $1.87B

• Rating: 48 Neutral
• Price Target: $7.00 ▼(-3.45% Downside)
• Action: Reiterated Date: 02/28/26
• Date: Action: Reiterated 02/28/26

The score is held down primarily by weak recent fundamentals (losses, margin compression, and negative free cash flow) alongside meaningful leverage. Technicals are mixed but somewhat supportive longer-term, while valuation is constrained by negative earnings and no dividend yield. The latest earnings call improves the outlook modestly via FY2026 guidance and signs of Q4 operational progress, but cash-flow and macro/tariff risks remain key.

Positive Factors

Operational & sourcing resilience

Titan's multi-sourcing, global footprint and JV relationships materially reduce supply-chain concentration risk and tariff exposure. Those capabilities support reliable fulfillment, better capacity utilization and margin protection over cycles, improving long-term operational stability.

EMC segment growth and margin expansion

Strong EMC performance shows the company can capture demand in construction/mining, higher-volatility but often higher-margin end markets. Durable outperformance in EMC diversifies revenue mix, lifts consolidated margins and provides a structural lever for profitability as cycles recover.

Product innovation and specialty mix

A steady share of recent-sales from new products and specialty branding increases aftermarket and niche pricing power. Sustained R&D-driven product renewal and Carlstar integration support differentiated offerings, improving long-run margin sustainability and customer retention.

Negative Factors

Elevated leverage

Meaningful net leverage reduces financial flexibility and raises refinancing and covenant risk if cash flows weaken. High debt amplifies downside in cyclical end markets and constrains capital allocation (capex, R&D, M&A) until sustained cash-flow recovery and deleveraging occur.

Weak cash generation

A shift from prior positive cash generation to negative free cash flow undermines the company's ability to self-fund growth, service debt and invest in margin-improving projects. Persistent negative FCF would force external financing or cutbacks, limiting strategic optionality.

Margin compression and earnings volatility

Material margin erosion and swings to net losses signal vulnerability to input cost shocks, mix shifts and end-market cyclicality. Such volatility weakens operating leverage benefits, complicates forecasting and makes sustainable margin recovery essential for restoring credit metrics and investor confidence.

Titan International Business Overview & Revenue Model

Company Description

Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers rims, wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The company also offers rims, wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. In addition, it provides bias and light truck tires; and products for ATVs, turf, and golf cart applications, as well as specialty and train brakes. It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and own distribution centers. Titan International, Inc. was founded in 1890 and is headquartered in Quincy, Illinois.

How the Company Makes Money

Titan International makes money primarily by selling off-highway wheels and tires (and related assemblies/components) to two main customer channels: (1) OEM sales, where Titan supplies wheels/tires/assemblies that are installed on new equipment produced by agricultural and construction/earthmoving equipment manufacturers; and (2) aftermarket sales, where replacement tires, wheels, and related products are sold through dealers/distributors and other service channels to end users operating existing equipment. Revenue is generated per unit shipped (tires, wheels, and complete wheel/tire assemblies), with demand influenced by original equipment production cycles, replacement/maintenance cycles in the installed base, and broader conditions in agriculture and construction markets. Additional revenue can come from complementary products and services tied to these offerings (e.g., undercarriage-related products and value-added assemblies), and from the company’s ability to secure long-term supply relationships with equipment manufacturers and distribution networks. Specific partnership terms, customer concentration details, and segment-level revenue breakdowns: null.

Titan International Financial Statement Overview

Summary

Revenue has been roughly flat, but profitability and cash generation deteriorated sharply: net income moved from profit (2022–2023) to losses (2024–2025), margins compressed, and free cash flow turned negative in 2025. Leverage remains meaningful (~1.4x debt/equity), which increases risk during a downturn despite some improvement versus earlier years.

Income Statement

Revenue has been essentially flat recently (2024 up ~1%, 2025 up ~1%), but profitability has deteriorated meaningfully: net income swung from a solid profit in 2022–2023 to a small loss in 2024 and a much larger loss in 2025. Margins also compressed sharply over the period (gross margin down from ~16–17% in 2022–2023 to ~13% in 2025, and operating profitability fell to low single-digits). The longer-term picture shows the business can earn strong profits in good years, but results have been volatile and the latest year is clearly weak.

Balance Sheet

Leverage is elevated, with debt running around 1.4x equity in 2024–2025 (improved versus 2020–2021, but still high). Equity has grown since 2020, which is supportive, yet returns to shareholders have turned negative again in 2024–2025, reflecting the earnings downturn. Overall, the balance sheet looks more stable than earlier years, but it still carries meaningful debt load and becomes more vulnerable when profits weaken.

Cash Flow

Cash generation weakened materially in 2025: operating cash flow fell sharply versus 2024, and free cash flow turned negative. While 2022–2024 showed solid positive operating cash flow and free cash flow, the latest year signals pressure on cash conversion and reinvestment needs. The company has demonstrated an ability to produce cash in prior years, but the most recent trend raises near-term funding and flexibility risk.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.83B	1.85B	1.82B	2.17B	1.78B
Gross Profit	242.35M	257.80M	305.85M	360.71M	237.54M
EBITDA	87.87M	105.40M	170.97M	274.05M	130.26M
Net Income	-63.49M	-5.56M	78.76M	176.30M	49.59M
Balance Sheet
Total Assets	1.67B	1.58B	1.29B	1.28B	1.18B
Cash, Cash Equivalents and Short-Term Investments	202.88M	195.97M	220.25M	159.58M	98.11M
Total Debt	710.79M	683.46M	437.26M	451.88M	502.48M
Total Liabilities	1.15B	1.09B	821.83M	901.49M	955.51M
Stockholders Equity	514.38M	496.07M	467.06M	381.24M	229.30M
Cash Flow
Free Cash Flow	-24.59M	75.86M	118.55M	113.70M	-28.08M
Operating Cash Flow	30.03M	141.49M	179.35M	160.68M	10.73M
Investing Cash Flow	-59.65M	-201.60M	-56.92M	-36.75M	-37.60M
Financing Cash Flow	17.45M	64.55M	-56.02M	-61.31M	13.95M

Titan International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TWI, the sentiment is Negative. The current price of 7.25 is below the 20-day moving average (MA) of 9.03, below the 50-day MA of 9.39, and below the 200-day MA of 8.68, indicating a bearish trend. The MACD of -0.70 indicates Positive momentum. The RSI at 24.23 is Positive, neither overbought nor oversold. The STOCH value of 6.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TWI.

Titan International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GENC	73 Outperform	$214.30M	13.80	7.25%	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MTW	60 Neutral	$412.91M	58.98	1.06%	―	-0.83%	―
HY	59 Neutral	$535.21M	-8.76	0.51%	4.61%	-8.30%	-98.18%
WNC	58 Neutral	$317.83M	1.70	53.71%	3.59%	-22.95%	―
CMCO	53 Neutral	$408.10M	20.66	0.66%	1.59%	-2.36%	-73.77%
TWI	48 Neutral	$458.41M	-2.23	-1.05%	―	-2.75%	22.20%

Titan International Corporate Events

Titan International Announces Resignation of Board Director

On February 9, 2026, Titan International, Inc. announced that board member Kim A. Marvin resigned from the company’s Board of Directors and all associated committees, effective immediately. The company stated that Marvin’s resignation was not due to any disagreement with management, the board, or the company’s operations, policies, or practices, indicating a routine governance transition with limited operational or strategic disruption expected.

The most recent analyst rating on (TWI) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Titan International stock, see the TWI Stock Forecast page.