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Nervous markets await NvidiaThis summary was created by AI, based on 2 opinions in the last 12 months.
ServiceTitan, trading under the symbol TTAN-Q, has captured attention as a promising tech platform for trade professionals. Following its recent IPO, the stock experienced a remarkable surge of 42%, marking a strong debut in a challenging market for new public offerings. The company reported an impressive 31% revenue growth in the previous fiscal year and continued with a 24% growth in the first half of the current year, indicating robust momentum. Furthermore, operating margins improved significantly from -5% in the previous year to a positive 5% in the first half of the current fiscal year. Despite the optimistic trends, the combined growth rate and margins only reach 29, below the 40 threshold that usually signifies a strong tech stock. While the stock's price-to-earnings ratio appears high, it is viewed as manageable, with experts suggesting a potential buying opportunity at a lower sales multiple.
It's a tech platform for tradespeople. It just went public with a bang, soaring 42% yesterday in its market debut. Now, shares are expensive, but he's glad for their success during this IPO drought. They boasted 31% revenue growth in the last fiscal year and 24% in the first six months of the current year. They have found a great niche. Operating margins in the first six months of this fiscal year rose 5% vs. -5% in the year before. However, their growth rate and the operating margin when added together total 29 and fall short of 40 (the Wall Street test of passing 40 for tech software stocks). That said TTAN is trending in the right direction and looks promising overall. True, their PE is rich, but not unreasonable. It's worth buying at a lower 10x sales.
ServiceTitan is a American stock, trading under the symbol TTAN-Q on the NASDAQ (TTAN). It is usually referred to as NASDAQ:TTAN or TTAN-Q
In the last year, 2 stock analysts published opinions about TTAN-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ServiceTitan.
ServiceTitan was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ServiceTitan.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of ServiceTitan published on Stockchase.
On 2025-05-02, ServiceTitan (TTAN-Q) stock closed at a price of $117.89.
They report Thursday, this SAAS for tradepeople. He expects them to deliver a fine quarter. Could buy this before the report.