TTAN Stock Surges 14% After-Hours As ServiceTitan Delivers Strong Quarter, Lifts Guidance

• First-quarter revenue came in at $268.8 million, ahead of analyst estimates of $256.7 million.
• The company forecast second-quarter revenue well above consensus expectations.
• Full-year operating income guidance was increased to a range of $142 million to $147 million.

Shares of ServiceTitan (TTAN) gained more than 14% in after-hours trading on Thursday after the company reported fiscal first-quarter results that topped Wall Street expectations and raised its outlook for the remainder of fiscal 2027.

The stock had already gained 2.34% during the regular trading session before extending those gains following the earnings release. 

TTAN Earnings Beat Expectations

ServiceTitan reported first-quarter earnings of $0.37 per share, more than double the $0.18 posted in the same period last fiscal year and ahead of the $0.28 per share consensus estimate, according to Fiscal.ai.

Revenue rose to $268.8 million, compared to $215.7 million in the fiscal first quarter of 2026, and also exceeded analyst expectations of $256.66 million, according to Fiscal.ai

The software platform provider with a focus on contractors also reported first-quarter gross transaction volume of $21.7 billion, up from $17.7 billion in Q1 fiscal 2026.

“Our customers are off to a strong start in fiscal year 2027,” said Ara Mahdessian, co-founder and CEO, adding, “We continue to execute on our core multi-year growth vectors, we’re delivering the Agentic Operating System to the Trades, and we’re improving our organizational velocity.” 

TTAN Guidance Comes In Above Expectations

ServiceTitan raised its fiscal 2027 revenue forecast to a range of $1.13 billion to $1.14 billion, up from its previous outlook of $1.11 billion. The updated forecast is above the analyst consensus estimate of $1.12 billion.

The company also raised its fiscal 2027 operating income outlook and now expects income from operations of $142 million to $147 million.

For the second quarter, ServiceTitan expects revenue between $284 million and $286 million, ahead of the consensus estimate of $280 million, according to Fiscal.ai. The company expects second-quarter income from operations of $38 million to $39 million.

Management Highlights Growth Initiatives

Co-founder and president Vahe Kuzoyan pointed to continued momentum in the company's Max offering.

“During Q1, we more than doubled the number of locations on Max. We’re optimizing our internal processes, automating customer onboarding and expect to again double the number of locations on Max during Q2,” Kuzoyan said.

Ahead of the earnings release, options markets had implied an 8.2% move in ServiceTitan shares following results, according to TheFly. The stock’s after-hours gain exceeded that expectation, as investors reacted to the earnings beat and stronger-than-expected guidance. 

TTAN Stock: What Stocktwits Retail Sentiment Says

On Stocktwits, retail sentiment around TTAN turned ‘extremely bullish’ from ‘bullish’ a day earlier, at the time of writing, while message volume was ‘extremely high.’

However, the TTAN stock remains down about 30% year-to-date amid ongoing pressure on SaaS stocks driven by AI disruption fears across the software sector.

Even so, Wall Street sentiment remains constructive, with 15 out of 18 analysts maintaining either a ‘Strong Buy’ or ‘Buy’ rating and an average price target of $99.75, suggesting 34% upside from current levels, according to Koyfin data.

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