ServiceTitan Stock News

LOS ANGELES--(BUSINESS WIRE)--ServiceTitan, Inc. (Nasdaq: TTAN), the software platform that powers the trades, today announced that it will report its financial results for the fiscal third quarter ended October 31, 2024 after market close on Thursday, January 9, 2025. In conjunction with this report, ServiceTitan will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on...

LOS ANGELES--(BUSINESS WIRE)--ServiceTitan, Inc. (NASDAQ: TTAN), the software platform that powers the trades, previously announced, in connection with its initial public offering, that it had granted the underwriters a 30-day option to purchase additional shares of its Class A common stock at the initial public offering price of $71.00 per share, less underwriting discounts and commissions. To...

Shares of ServiceTitan have jumped ~40% since their IPO at $71 per share in mid-December, but there's more upside to go. I'm initiating the stock at a buy rating. The company offers a comprehensive product platform for the trades industries and has a great "land and expand" business model with high net revenue retention. TTAN balances mid-20s growth with positive pro forma operating profits, ma...

ServiceTitan's IPO saw significant demand, but post-IPO trading indicates heightened expectations and increased risk, suggesting a potential pullback in shares. TTAN aims to disrupt the field service industry by replacing manual processes with intuitive software, targeting an underserved SMB market. Despite strong financial metrics like 24% YoY revenue growth and >95% gross dollar retention, pr...

Three IPOs and three SPACs listed this week - ServiceTitan, Anteris Technologies, NetClass, Mountain Lake Acquisition, Roman DBDR Acquisition II, and Jackson Acquisition II, respectively. Three IPOs and two SPACs submitted initial filings - TMD Energy, Grande Group, Leifras, ChampionsGate Acquisition, and Gansu Yunzhao Ruyi Technology, respectively. With the Christmas holiday on the horizon, th...