On Jan 07, major Wall Street analysts update their ratings for $ServiceTitan (TTAN.US)$, with price targets ranging from $109 to $125.
Citi analyst Tyler Radke maintains with a hold rating, and maintains the target price at $109.
Wells Fargo analyst Michael Turrin initiates coverage with a buy rating, and sets the target price at $125.
Needham analyst Scott Berg initiates coverage with a buy rating, and sets the target price at $125.
Stifel analyst J. Parker Lane initiates coverage with a buy rating, and sets the target price at $120.
KeyBanc analyst Jason Celino initiates coverage with a buy rating, and sets the target price at $120.
Furthermore, according to the comprehensive report, the opinions of $ServiceTitan (TTAN.US)$'s main analysts recently are as follows:
ServiceTitan, a vertical software-as-a-service company, is recognized for its specialized software offerings targeted at the trades industry. Although viewed positively for its business model, the observation suggests waiting for a more favorable entry point into the shares, citing the company's steep valuation premium compared to peers. Concerns also linger regarding the rate of profitability improvements given its less than impressive Rule-of-40 standing.
ServiceTitan operates within large and expanding markets, possessing strong competitive differentiation and market leadership. The company has established a track record of innovation and has powerful growth vectors. However, the shares are viewed as fairly valued at current levels.
ServiceTitan is described as a cloud-based, comprehensive platform designed to digitalize and enhance business operations for field services, including plumbing and electrical sectors. Analysts view the company as having the capacity to evolve into a robust vertical software-as-a-service entity with possible revenue generation of $4B-$5B. Nonetheless, these advantages are currently recognized by investors, suggesting a cautious approach towards the stock's future risk/reward balance.
ServiceTitan is positioned to potentially become the definitive platform standard for automating business operations across various trades like plumbing, HVAC, and electrical. These sectors are currently experiencing a significant transformation, bolstering the demand for modern, software-based solutions. However, amidst the evolving demand dynamics and market consolidation trends, there are discernible near-term execution risks. Revenue growth in the teen percentage range is conservatively projected for the next couple of years.
ServiceTitan is viewed as possessing a unique set of characteristics that are expected to drive its value both in the short-term and long-term. These characteristics include a leading vertical SaaS solution in an expansive and still growing market, consistent customer growth, and beneficial unit economics. In the near-term, enhancements in the Electrical trade and expansion into the Commercial sector are anticipated to contribute to earnings per share growth.
Here are the latest investment ratings and price targets for $ServiceTitan (TTAN.US)$ from 9 analysts:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美東時間1月7日，多家華爾街大行更新了$ServiceTitan (TTAN.US)$的評級，目標價介於109美元至125美元。
花旗分析師Tyler Radke維持持有評級，維持目標價109美元。
富國集團分析師Michael Turrin首次給予買入評級，目標價125美元。
Needham分析師Scott Berg首次給予買入評級，目標價125美元。
斯迪富分析師J. Parker Lane首次給予買入評級，目標價120美元。
KeyBanc分析師Jason Celino首次給予買入評級，目標價120美元。
此外，綜合報道，$ServiceTitan (TTAN.US)$近期主要分析師觀點如下：
ServiceTitan是一家垂直Saas-雲計算公司，以其針對行業板塊的專業軟體產品而聞名。儘管其業務模型受到積極評價，但觀察指出，考慮到公司與同行相比的高估值溢價，建議等待更有利的入場時機。對於盈利能力提升的速度也存在隱憂，鑑於其在規則40方面的表現並不令人印象深刻。
ServiceTitan在大規模擴張的市場中運作，擁有強大的競爭差異化和市場領導地位。該公司已經建立了創新的良好記錄，並擁有強勁的增長驅動因素。然而，目前的股價被視爲公允估值。
ServiceTitan被描述爲一個基於雲的綜合平台，旨在數字化及提升現場服務的業務運營，包括管道和電氣行業。分析師認爲，該公司有潛力發展成爲穩健的垂直Saas-雲計算實體，預計可創造40億到50億美元的營業收入。儘管如此，這些優勢目前已被投資者認可，建議對該股票未來的風險/收益平衡採取謹慎態度。
ServiceTitan有望成爲自動化各行業（如管道、暖通空調和電氣）業務運營的最終平台標準。這些行業目前正在經歷重大轉型，推動了對現代軟體解決方案的需求。然而，在不斷變化的需求動態和市場整合趨勢中，存在明顯的短期執行風險。預計未來幾年的營業收入增長將保持在青少年百分比區間。
ServiceTitan被視爲具備一系列獨特特徵，這些特徵預計將在短期和長期推動其價值。這些特徵包括在廣闊且仍在增長的市場中領先的垂直Saas-雲計算解決方案、持續的客戶增長和有利的單位經濟性。近期，電氣行業的改進和向商業行業的擴展預計將促進每股收益的增長。
以下爲今日9位分析師對$ServiceTitan (TTAN.US)$的最新投資評級及目標價：
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