Key facts
- ServiceTitan stock jumped 16% to $86.45 after reporting strong Q1 2027 results.
- Q1 2027 revenue increased 25% year-over-year to $268.8 million, beating estimates.
- Adjusted EPS was $0.37, exceeding the $0.28 consensus.
- Full-year fiscal 2027 revenue guidance was raised to $1.13 billion - $1.14 billion.
- The AI-powered Max program is seeing increased customer adoption and automation.
- KeyBanc, BTIG, and Morgan Stanley raised their price targets for ServiceTitan stock.
ServiceTitan's stock surged 16% to $86.45 following the release of its robust fiscal first-quarter 2027 earnings report. The company exceeded expectations with adjusted earnings per share of $0.37, compared to the $0.28 consensus, and revenue that grew 25% year-over-year to $268.8 million, surpassing the $257.4 million Wall Street anticipated. Gross transaction volume increased by 23% to $21.7 billion, while net dollar retention remained above 110%. The non-GAAP operating margin improved significantly by 770 basis points to 15.2%. The company also raised its full-year fiscal 2027 revenue guidance to a range of $1.13 billion to $1.14 billion, up from the previous $1.11 billion to $1.12 billion. Management highlighted the traction of its AI-powered Max program, noting that over 10% of jobs are now fully automated on average for fully ramped customers. Following the strong results and positive outlook, analysts from KeyBanc Capital Markets, BTIG, and Morgan Stanley all raised their price targets for ServiceTitan stock.