KeyBanc Capital Markets has maintained an Overweight rating on ServiceTitan (NASDAQ: TTAN) with a price target of $120, reflecting roughly 26% upside from the stock’s current level.
The reiteration comes ahead of ServiceTitan’s fiscal second-quarter 2027 earnings release, scheduled for September 3. Analysts highlight continued strength in subscription revenue, driven by the Max, Pro, commercial, and enterprise residential offerings. KeyBanc noted that seasonal demand, including a smokier summer, could contribute an estimated $4 million to potential revenue beats.
ServiceTitan’s shares have gained 47.6% over the past six months, trading around $95.25 at the time of the rating update. The company reported 24% revenue growth over the last twelve months and a gross profit margin of 71%, underscoring the scalability of its subscription-based model.
KeyBanc’s outlook aligns with other bullish assessments. Stifel maintained a Buy rating with a $125 target, projecting fiscal 2027 guidance in the low-20s percentage range. Truist Securities reiterated its Buy rating with a $110 target, emphasizing confidence in AI-driven growth via Max and Voice Agents. Piper Sandler also kept an Overweight rating with a $115 target, citing the Max program’s potential to enhance subscription revenue.
Separately, SEC filings showed Iconiq Strategic Partners V sold approximately $6 million in ServiceTitan Class A common stock, alongside insider sales by director William J.G. Griffith. InvestingPro’s valuation assessment currently suggests the shares are overvalued relative to its Fair Value estimate.
