Titan International (TWI)
NYSE:TWI
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Titan International
(NYSE:TWI)
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Rating:48Neutral
Price Target:
$8.00
▼(-1.72% Downside)
Action:ReiteratedDate:05/02/26
The score is held down primarily by weak financial performance (losses, compressed margins, higher leverage, and negative free cash flow) and a technically weak price trend below key moving averages. These are partially offset by a strong earnings-call backdrop featuring raised guidance, record non-GAAP profitability/cash flow expectations, and continued buybacks, though carrier-fee margin headwinds remain a notable risk.
Positive Factors
Diversified Sales Channels
Titan's dual OEM and aftermarket go-to-market provides durable demand exposure: OEM contracts smooth new‑equipment cycles while aftermarket replacement drives recurring revenue tied to installed base maintenance. This channel mix supports steadier unit volumes and customer stickiness over multi‑year cycles.
Negative Factors
Negative Profitability
Persistent negative net margins and a sizable net loss weaken internal capital formation and investor confidence. Continued unprofitable operations constrain reinvestment capacity, undermine return on equity, and raise the threshold for sustainable earnings recovery even if revenue growth persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Sales Channels
Titan's dual OEM and aftermarket go-to-market provides durable demand exposure: OEM contracts smooth new‑equipment cycles while aftermarket replacement drives recurring revenue tied to installed base maintenance. This channel mix supports steadier unit volumes and customer stickiness over multi‑year cycles.
Read all positive factors
Titan International (TWI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$508.54M
Dividend YieldN/A
Average Volume (3M)684.54K
Price to Earnings (P/E)―
Beta (1Y)1.71
Revenue Growth-0.63%
EPS Growth-537.47%
CountryUS
Employees8,303
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)-1.37
Shares Outstanding64,371,960
10 Day Avg. Volume959,678
30 Day Avg. Volume684,540
Financial Highlights & Ratios
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 Cap2.12
Enterprise Value/Revenue0.58
Enterprise Value/Gross Profit4.31
Enterprise Value/Ebitda12.43
Forecast
1Y Price Target
$12.00Price Target Upside47.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.13
Revenue Forecast (FY)$1.89B
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 regi...
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 pr...
Titan International Earnings Call Summary
Earnings Call Date:Apr 30, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call communicated strong operational momentum: company delivered record profitability and accelerated organic revenue and gross profit growth, raised full-year guidance, expanded margins on a non-GAAP basis, reduced stock-based compensation below 10% of revenue, and reported broad product and go-to-market traction (Voice, Messaging, add-ons, ISVs, self-serve and multi-product customers). Primary headwinds are external carrier pass-through fee increases that negatively affect reported messaging growth and gross margins (estimated ~200 bps full-year non-GAAP gross margin impact) and the fact that AI-driven demand, while a clear catalyst, is still early and concentrated. Overall, positives (accelerating growth, record profits, strong cash/capital actions and GTM execution) meaningfully outweigh the fee-driven margin pressures and early-stage nature of some AI benefits.Positive Updates
Strong Top-Line Growth and Upward Guidance
Revenue of >$1.4B in Q1, up 20% year-over-year on a reported basis and 16% organic. Q2 revenue guidance of $1.42B–$1.43B (15.5%–16.5% reported growth; 10%–11% organic). Full-year organic growth range raised to 9.5%–10.5% (from 8%–9%) and full-year reported revenue growth raised to 14%–15% (from 11.5%–12.5%).
Negative Updates
Carrier Fee Headwind and Margin Pressure
Incremental carrier pass-through fees of $46M in Q1 (associated with U.S. A2P fee increases) drove non-GAAP gross margin down to 49.6%, a 180-basis-point YoY decline and 40-basis-point QoQ decline. Company expects ~$71M incremental U.S. carrier fees in Q2 and approximately $235M incremental pass-through revenue for the full year (up from $190M), which management estimates will reduce full-year non-GAAP gross margin by roughly 200 basis points versus 2025.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Top-Line Growth and Upward Guidance
Revenue of >$1.4B in Q1, up 20% year-over-year on a reported basis and 16% organic. Q2 revenue guidance of $1.42B–$1.43B (15.5%–16.5% reported growth; 10%–11% organic). Full-year organic growth range raised to 9.5%–10.5% (from 8%–9%) and full-year reported revenue growth raised to 14%–15% (from 11.5%–12.5%).
Read all positive updates
Company Guidance
Twilio guided Q2 revenue of $1.42B–$1.43B (15.5%–16.5% reported growth; 10%–11% organic), explicitly assuming $71M of incremental U.S. carrier fees (Verizon effective May 1), and Q2 non‑GAAP income from operations of $250M–$260M (reflecting merit increases and SIGNAL costs). For full‑year 2026 it raised targets to organic revenue growth of 9.5%–10.5% (from 8%–9%) and reported revenue growth of 14%–15% (from 11.5%–12.5%), expects full‑year non‑GAAP income from operations of $1.08B–$1.10B and free cash flow of $1.08B–$1.10B, and now models ~ $235M of incremental pass‑through U.S. carrier fee revenue (up from $190M), which management estimates will reduce FY26 non‑GAAP gross margin by roughly 200 basis points versus FY25; they also said non‑GAAP gross profit dollar growth should track organic revenue, and for context completed $253M of buybacks in Q1 with roughly $900M remaining.Titan International Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
44
Neutral
Cash Flow
33
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.84B | 1.83B | 1.85B | 1.82B | 2.17B | 1.78B |
| Gross Profit | 249.73M | 242.35M | 257.80M | 305.85M | 360.71M | 237.54M |
| EBITDA | 86.58M | 87.87M | 105.40M | 170.97M | 274.05M | 130.26M |
| Net Income | -87.06M | -63.49M | -5.56M | 78.76M | 176.30M | 49.59M |
Balance Sheet | ||||||
| Total Assets | 1.71B | 1.67B | 1.58B | 1.29B | 1.28B | 1.18B |
| Cash, Cash Equivalents and Short-Term Investments | 171.26M | 202.88M | 195.97M | 220.25M | 159.58M | 98.11M |
| Total Debt | 738.54M | 710.79M | 683.46M | 437.26M | 451.88M | 502.48M |
| Total Liabilities | 1.21B | 1.15B | 1.09B | 821.83M | 901.49M | 955.51M |
| Stockholders Equity | 494.91M | 514.38M | 496.07M | 467.06M | 381.24M | 229.30M |
Cash Flow | ||||||
| Free Cash Flow | -30.75M | -24.59M | 75.86M | 118.55M | 113.70M | -28.08M |
| Operating Cash Flow | 22.09M | 30.03M | 141.49M | 179.35M | 160.68M | 10.73M |
| Investing Cash Flow | -57.95M | -59.65M | -201.60M | -56.92M | -36.75M | -37.60M |
| Financing Cash Flow | 25.02M | 17.45M | 64.55M | -56.02M | -61.31M | 13.95M |
Titan International Technical Analysis
Neutral
8.14
Price Trends
8.76
Negative
8.62
Negative
8.53
Negative
Market Momentum
-0.02
Negative
52.41
Neutral
54.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TWI, the sentiment is Neutral. The current price of 8.14 is above the 20-day moving average (MA) of 7.56, below the 50-day MA of 8.76, and below the 200-day MA of 8.53, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 54.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TWI.
Titan International Risk Analysis
Titan International disclosed 28 risk factors in its most recent earnings report. Titan International reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Titan International Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $226.02M | 9.15 | 7.25% | ― | -11.11% | 9.18% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | $457.82M | 20.66 | 0.66% | 1.59% | 2.13% | -36.14% | |
52 Neutral | $667.40M | -4.75 | -20.01% | 4.61% | -12.21% | -198.36% | |
50 Neutral | $471.85M | -17.31 | 1.09% | ― | 5.14% | -83.42% | |
48 Neutral | $508.54M | -4.57 | -16.21% | ― | -0.63% | -537.47% | |
42 Neutral | $303.83M | -1.94 | -17.32% | 3.59% | -19.16% | -5.54% |
* Industrials Sector Average
TWI
Titan International
7.90
0.29
3.81%
CMCO
Columbus Mckinnon
15.93
-1.66
-9.45%
GENC
Gencor
15.42
1.96
14.56%
MTW
Manitowoc Company
13.14
2.12
19.24%
WNC
Wabash National
7.47
-1.48
-16.52%
HY
Hyster-Yale Materials Handling
37.25
-3.43
-8.43%
Titan International Corporate Events
Executive/Board Changes
Titan International Announces Resignation of Board Director
Neutral
Feb 12, 2026
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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.