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ServiceTitan's After-Hours Stock Price Presents an Attractive Buying Opportunity, Morgan Stanley Says

ServiceTitan's After-Hours Stock Price Presents an Attractive Buying Opportunity, Morgan Stanley Says

MT newswireMT newswire2026/09/09 14:49
10:49 AM EDT, 09/09/2026 (MT Newswires) -- ServiceTitan's (TTAN) after-hours stock price presents an attractive buying opportunity, with the company well positioned within its core residential markets, Morgan Stanley analysts said in a Wednesday note. In Q2, the company beat consensus expectations, though by a smaller margin than buy-side investors had expected, impacted by softer job growth and seasonal noise rather than a deterioration in demand, analysts said. Morgan Stanley said that the most significant development from the company's earnings call was a slight strategic shift as it increases investments in its AI platform, Max. ServiceTitan's Max AI platform adoption is exceeding goals, with the company expecting to end fiscal 2027 with more than 700 locations using the platform, but revenue recognition is facing a timing lag, analysts said. Morgan Stanley retained an overweight rating on the stock, but lowered its price target to $92 from $124. Price: 56.38, Change: -25.21, Percent Change: -30.90
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