$TH

Target Hospitality (NASDAQ: TH) is set to report Q2 results Monday before market open. The company missed last quarter’s revenue expectations, with $72.78M revenue, up 4.1% YoY, and 9,468 utilized beds, down 4.3% YoY. For Q2, analysts expect 28.7% YoY revenue growth. TH is down 7.9% over the past month; average analyst price target is $22.75 vs $16.55.

Target Hospitality Corp. (TH) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. false 0001712189 0001712189 2026-08-04 2026-08-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Repor

Target Hospitality (Nasdaq: TH) appointed Margaret (Peggy) Smyth and Erich Sanchack as independent directors effective Aug. 4, 2026. Smyth will join the Audit Committee, and Sanchack the Compensation Committee, adding finance and data center/infrastructure expertise, according to the company. The board changes are intended to support Target’s growth initiatives in AI-driven data centers and critical infrastructure.

Target Hospitality (TH) drew fresh attention after closing a new $660 million asset-based revolving credit facility. This facility replaces its earlier $175 million line and reduces borrowing costs linked to future growth plans. The new ABL facility arrives after a sharp reset in Target Hospitality’s recent trading, with the 30 day share price return down 28.83% and the 7 day share price return down 11.32%.

Target Hospitality Corp. (TH) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 tm2621294d1_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 CREDIT AGREEMENT dated as of July 24 , 2026 among Topaz Holdings LLC, As Holdings, Arrow Bidco, LLC, Target Logistics Management, LLC, RL Signor Holdings, LLC, TLM Equipment, LLC, Target Culinary, LLC, and US Iron Bidco,

Target Hospitality (NASDAQ: TH) said it closed a new $660 million asset-based revolving credit facility, replacing a prior $175 million revolver. The five-year ABL matures in July 2031 and includes an accordion up to $190 million. Borrowings are priced at Term SOFR plus 2.25% to 3.00%, and the company expects up to a 250 bps cost-of-capital reduction.

Target Hospitality Corp. priced a previously announced underwritten secondary offering of 7,000,000 shares of common stock at $17.00 per share, held by Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP. Gross proceeds to the selling stockholders total about $119 million; Target Hospitality will receive no proceeds. Closing is expected May 29, 2026, with a 30-day option for up to 1,050,000 additional shares.

Target Hospitality Corp. (Nasdaq: TH) announced an underwritten secondary offering of 7,000,000 shares of its common stock by selling stockholders Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP. The company will not receive proceeds. An option allows underwriters to buy up to 1,050,000 additional shares. Morgan Stanley and Deutsche Bank are book-running managers.

Although the revenue and EPS for Target Hospitality (TH) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Target Hospitality (TH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.