ServiceTitan Slides as Investors Keep Repricing Its Post-Earnings Outlook

ServiceTitan (TTAN) is down 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The decline appears to be a continuation of the sharp post-earnings reset that began after ServiceTitan’s September 8 results. Investors seem focused less on the quarterly beat and more on softer near-term revenue expectations, a slowdown in customer activity, and execution questions tied to the company’s push toward Max and a coming sales leadership transition.

Details:

ServiceTitan posted fiscal second-quarter revenue of $292.8 million, up 21% year over year, but guided fiscal third-quarter revenue to $285 million to $287 million and full-year revenue to $1.139 billion to $1.144 billion, which pointed to a more tempered near-term growth pace.

Management said gross transaction volume growth slowed to 17% and was about 200 basis points below recent quarters, driven mainly by lower job growth from existing customers, with HVAC customers called out as a notable area of softness.

The company said the mix shift toward Max is expected to create a $2 million to $3 million subscription revenue headwind over the rest of the fiscal year, plus roughly $2 million less professional services revenue as onboarding fees are waived for existing customers moving to Max.

Investors also had to absorb the planned step-back of the chief revenue officer, while at least some analysts lowered price targets after the report, which likely added to the negative sentiment.

Sources:

ServiceTitan, SEC, Benzinga

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TTAN Insider Trading Activity

$TTAN insiders have traded $TTAN stock on the open market 88 times in the past 6 months. Of those trades, 0 have been purchases and 88 have been sales.

Here’s a breakdown of recent trading of $TTAN stock by insiders over the last 6 months:

ARA MAHDESSIAN (Chief Executive Officer) has made 0 purchases and 19 sales selling 143,028 shares for an estimated $11,874,959.
VAHE KUZOYAN (President) has made 0 purchases and 19 sales selling 134,328 shares for an estimated $11,862,840.
WILLIAM J.G. GRIFFITH has made 0 purchases and 6 sales selling 94,615 shares for an estimated $6,001,191.
STRATEGIC PARTNERS V, L.P. ICONIQ has made 0 purchases and 6 sales selling 94,615 shares for an estimated $6,001,191.
DAVID SHERRY (Chief Financial Officer) has made 0 purchases and 13 sales selling 31,468 shares for an estimated $2,334,521.
MICHELE O'CONNOR (Chief Accounting Officer) has made 0 purchases and 9 sales selling 25,214 shares for an estimated $1,734,521.
BYRON B DEETER has made 0 purchases and 16 sales selling 17,690 shares for an estimated $1,137,555.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TTAN Hedge Fund Activity

We have seen 211 institutional investors add shares of $TTAN stock to their portfolio, and 227 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 3,174,008 shares (+156.9%) to their portfolio in Q2 2026, for an estimated $224,434,105
FMR LLC added 2,119,011 shares (+71.5%) to their portfolio in Q2 2026, for an estimated $149,835,267
JERICHO CAPITAL ASSET MANAGEMENT L.P. added 1,940,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $137,177,400
CITADEL ADVISORS LLC added 1,276,721 shares (+667.7%) to their portfolio in Q1 2026, for an estimated $81,020,714
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 1,117,567 shares (-23.0%) from their portfolio in Q2 2026, for an estimated $79,023,162
MILLENNIUM MANAGEMENT LLC added 1,097,001 shares (+53.6%) to their portfolio in Q2 2026, for an estimated $77,568,940
STATE STREET CORP added 929,370 shares (+236.9%) to their portfolio in Q2 2026, for an estimated $65,715,752

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TTAN Analyst Ratings

Wall Street analysts have issued reports on $TTAN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Piper Sandler issued a "Overweight" rating on 06/05/2026

To track analyst ratings and price targets for $TTAN, check out Quiver Quantitative's $TTAN forecast page.

$TTAN Price Targets

Multiple analysts have issued price targets for $TTAN recently. We have seen 8 analysts offer price targets for $TTAN in the last 6 months, with a median target of $110.0.

Here are some recent targets:

Scott Berg from Needham set a target price of $100.0 on 06/17/2026
Joe Vruwink from Baird set a target price of $94.0 on 06/08/2026
Billy Fitzsimmons from Piper Sandler set a target price of $115.0 on 06/05/2026
Nick Altmann from BTIG set a target price of $110.0 on 06/05/2026
Daniel Jester from BMO Capital set a target price of $103.0 on 06/05/2026
Josh Baer from Morgan Stanley set a target price of $124.0 on 06/05/2026
Andrew Sherman from TD Cowen set a target price of $125.0 on 06/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.