Key facts: TTAN Q2 Revenue +21%; KeyBanc Lowers PT to $110
ServiceTitan (TTAN) reported Q2 FY2027 revenue of $292.8M, up 21% YoY, with adj EPS of $0.40. Gross transaction volume rose 17% to $26.8B, and free cash flow increased 47% to $50.5M. KeyBanc lowered its price target to $110 from $120.
How this was made

The 30-second read
Why it matters
The earnings beat and cash‑flow increase highlight operational strength, while the analyst downgrade may trigger sell pressure.
Market read
Earnings release with analyst downgrade provides a fresh trading signal for TTAN.
What to watch
Potential upside from upcoming product launches and expanding merchant network.
Background
ServiceTitan is a SaaS platform for home‑service businesses; the Q2 results were released on Sep 10 2026.
Ticker impact
ServiceTitan reported Q2 FY2027 revenue of $292.8M (+21% YoY) and KeyBanc cut its price target to $110.
Potential short-term downside as investors digest the lower price target.
Strong operating results are offset by a price‑target reduction, suggesting mixed market reaction.
Market effects
Positive for the home‑services software sector as revenue growth signals demand.
Limited to US tech equities.
Low
Counterpoint
Despite the price‑target cut, the strong cash‑flow growth could support a rally.
Key entities
- CompanyServiceTitan
Provider of SaaS solutions for home‑service businesses.
- AnalystKeyBanc
Investment bank that lowered the price target.



