ServiceTitan: Growth Outlook Is Even Better Than I Thought
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Eleceed Capital596 FollowersFollow5ShareSavePlay(8min)CommentsSummaryServiceTitan demonstrates robust 25% y/y revenue growth, expanding margins, and resilience to macro headwinds, supporting a buy rating.TTAN's enterprise penetration, highlighted by the Roto-Rooter partnership and new wins, expands its total addressable market and validates its commercial strategy.The launch of Max AI, now piloted with 50 customers, marks a key inflection point for product adoption and future growth acceleration.I see TTAN's valuation as undervalued, with a $162 price target justified by upgraded 25% growth assumptions and multiple catalysts ahead. ArtMarie/E+ via Getty Images Investment action I had a buy rating for ServiceTitan (TTAN) previously, as I believe this is a business that can compound revenue at >20% for a long time. Key metrics like net dollar retention show that consumersThis article was written byEleceed Capital596 FollowersFollowI'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You