ServiceTitan Stock Price: Performance and Market Analysis (TTAN)
ServiceTitan, Inc. (TTAN) is a prominent technology company that provides a cloud-based platform tailored for the essential trades industry, including HVAC, plumbing, and electrical services. As a leader in vertical Software as a Service (SaaS), the servicetitan stock price has become a key indicator for investors monitoring the intersection of field services and digital transformation. Listed on the Nasdaq Global Select Market, the company serves as a vital bridge between traditional labor-intensive industries and modern, AI-driven management solutions.
Stock Performance and Price History
Initial Public Offering (IPO)
As of December 12, 2024, ServiceTitan officially transitioned to a public entity. According to Nasdaq records, the company priced its initial public offering at $71.00 per share. This debut marked a significant milestone for the Los Angeles-based firm, which raised approximately $600 million during the offering. The early market reception was notably positive, reflecting strong investor appetite for specialized software platforms during the late 2024 tech cycle.
Historical Price Trends
Following its debut, the servicetitan stock price experienced characteristic IPO volatility before establishing a clear trading range. Data from financial reports indicate that the stock reached a notable high of approximately $131.00 in May 2025, driven by strong quarterly earnings and the integration of predictive AI tools into its platform. Conversely, its 52-week low remained anchored near its IPO pricing level, providing a support zone for institutional investors.
Market Capitalization
ServiceTitan’s valuation has fluctuated within the mid-cap category since its listing. As of mid-2025, market data suggests a market capitalization ranging between $7 billion and $11 billion. This valuation places it among the most significant players in the field service management software sector, reflecting its scale and dominant market share among residential and commercial contractors.
Financial Indicators and Metrics
Revenue and Growth
A primary driver for the servicetitan stock price is its robust revenue growth. According to official investor relations filings, the company maintains a Trailing Twelve Months (TTM) revenue growth rate of approximately 25%. This consistent expansion is attributed to the high retention rate of its core customer base and successful upselling of features like the "Max Program" and integrated financing solutions.
Profitability and Margins
Like many high-growth SaaS companies, ServiceTitan prioritizes market expansion over immediate net profitability. Analysis of its financial health reveals a gross margin of roughly 69%. While the company reports net income losses on a GAAP basis due to heavy investments in R&D and sales, its pathway toward positive free cash flow is a focal point for long-term valuation models.
Key Valuation Ratios
Analysts frequently evaluate the servicetitan stock price using the Price-to-Sales (P/S) ratio. Given its growth profile, TTAN often trades at a premium compared to legacy software firms. Enterprise Value-to-EBITDA ratios are also utilized by market participants to compare ServiceTitan’s capital structure against other vertical SaaS peers.
Market Analysis and Analyst Ratings
Wall Street Consensus
According to data aggregated from major financial institutions as of June 2025, the consensus rating for TTAN remains a "Moderate Buy." Analyst price targets for ServiceTitan exhibit a wide range, typically spanning from $90.00 to $160.00. Firms such as Morgan Stanley and Goldman Sachs have highlighted the company’s "deep moat" within the trades sector as a primary reason for their optimistic outlooks.
Institutional and Insider Activity
Recent SEC filings show a balanced mix of institutional accumulation and strategic insider selling. While the founders have engaged in scheduled stock sales—a common practice post-IPO—major ETFs, including the Vanguard Small-Cap ETF, have integrated TTAN into their holdings. This institutional backing provides a layer of liquidity and stability to the servicetitan stock price during broader market corrections.
Investment Considerations
Growth Drivers
The long-term trajectory of the servicetitan stock price is heavily influenced by its expansion into new verticals. The company has successfully moved beyond HVAC and plumbing into landscaping, pest control, and commercial food equipment service. Furthermore, the adoption of AI to automate scheduling and dispatching is viewed by market analysts as a significant catalyst for future margin expansion.
Risk Factors
Investors remain cautious regarding macroeconomic headwinds. High interest rates can impact the construction and home improvement sectors, potentially slowing the growth of ServiceTitan’s customer base. Additionally, competition from diversified software providers and the inherent volatility associated with the technology sector are factors that could weigh on the servicetitan stock price.
Comparison with Industry Peers
To contextualize the servicetitan stock price, it is often compared to other vertical-specific platforms. While Procore (PCOR) focuses on construction and Toast (TOST) dominates the restaurant industry, ServiceTitan holds a unique position in the "home services" niche. Compared to Autodesk (ADSK), ServiceTitan is considered a higher-growth but higher-risk investment, given its earlier stage in the corporate lifecycle.
References
- Nasdaq Global Select Market - TTAN Real-time Quotes (2025)
- ServiceTitan Investor Relations - Quarterly Earnings Reports and SEC Filings (2024-2025)
- CNBC Business News - Tech Sector IPO Analysis (December 2024)
- Bloomberg Financial - Software Sector Valuations and Analyst Surveys (2025)
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