ServiceTitan Stock Tanks Despite Strong Q3, Analysts Highlight 'Durable Growth Trajectory'
Analyst upgrades and strong revenue growth suggest potential recovery following the dip.
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Analyst upgrades and strong revenue growth suggest potential recovery following the dip.
What happened, with direct paths to the underlying reporting
TTAN stock has declined 7.8% to $92.31 post-IPO. Goldman Sachs raised TTAN's price target from $100 to $108. Strong subscription revenue growth of 27% signals durable growth potential. Analysts predict 4Q revenue growth around 22%, with higher visibility. TTAN's market opportunity stands at $650 billion, indicating significant upside.
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