June 5, 2026
The Software Nobody Watches Just Made a Big Move
ServiceTitan (TTAN) beat earnings again. Here is what matters.
First a note from InvestorPlace
From the Desk of InvestorPlace: I don’t forward many outside notes to my readers. But this one from my colleague Luke Lango stopped me cold. If you’ve been following the OpenAI IPO story – and most of our readers have – what Luke is about to share could completely change how you approach it. Please read this carefully before IPO day arrives.
Dear Reader,
It’s no longer theoretical. It’s officially in motion.
CNBC just announced that OpenAI – the inventors of ChatGPT – are about to file the confidential paperwork to go public.
And it could be the largest IPO in American history.
We all knew it was coming. But here’s what almost everyone is about to get wrong.
They’ll rush to buy OpenAI the moment it hits the market.
And if history is any guide, most of them will regret it.
In nearly every blockbuster tech IPO of the last 15 years, the people who bought on day one underperformed.
While a small group of other folks made as much as 3,900% on a little known investment connected to the IPO.
I call it the Pre-IPO Backdoor.
In my view, it’s one of the best moneymaking opportunities out there.
It rarely comes around. You only see it when a huge tech company goes public.
And it’s about to open again, thanks to the OpenAI IPO.
There’s only one catch. You need to get in before OpenAI actually goes public.
And that could happen very, very soon.
For the full story – and a free ticker you can invest in TODAY – click here.
Sincerely,
Luke Lango
Senior Technology Analyst, InvestorPlace
P.S. There’s every chance the OpenAI IPO will be the biggest in American history. And that means the Pre-IPO Backdoor opportunities could be the biggest ever too. You may never see another opportunity like this in your lifetime. For your free ticker, click here now.
ServiceTitan (TTAN): The Software Nobody Watches Just Made a Big Move
Nobody talks about field-service software. That is part of why this is interesting.
ServiceTitan (NASDAQ: TTAN) is not a flashy name. It does not show up in the same breath as AI infrastructure plays or consumer app darlings. What it does is run the back office for plumbers, HVAC contractors, electricians, roofers, and pest control companies. Scheduling, dispatching, invoicing, financing, payroll integrations. The physical-world trades that were still running on whiteboards and spreadsheets five years ago. Co-founders Ara Mahdessian and Vahe Kuzoyan built the platform starting around 2012, partly inspired by watching their own fathers manage home-service businesses by hand. That grounding in a real problem, not a manufactured one, is reflected in the retention numbers. The company priced its IPO in December 2024 at $71, opened at $101, and raised roughly $625 million at a valuation near $9 billion.
Bigger than Nvidia? Louis Navellier thinks so.
In 2016, Louis Navellier recommended Nvidia at $2.51 – split-adjusted. It went up 44,000%. He also called Apple before a 36,000% rise and Microsoft before a 60,800% climb. Now he says a new AI device coming online in Tennessee is the setup for the biggest call of his career.
He’s agreed to reveal the stock at the center of it – down to the ticker – for free.
Then June 4th happened.
Fiscal Q1 2027 results came in ahead of where the street was sitting. Revenue hit $268.8 million against a $261.7 million estimate. EPS came in at $0.37, well past the $0.27 consensus, a $0.10 beat per share. The stock jumped more than 13% in after-hours trading. Management guided full fiscal year 2027 revenue between $1.13 and $1.14 billion, with non-GAAP operating income expected in the $142 to $147 million range. Those are not numbers that suggest a business running on fumes. For context, a year ago the company posted 27% total revenue growth with subscription revenue up 29% and operating margin improvement of 560 basis points year-over-year. The loss compression has been faster than most models assumed. Worth saying twice: faster than most models assumed.
Gross margins are sitting around 70%. That is a software-grade margin on a platform serving businesses that most Wall Street analysts have never personally interacted with.
Slight tangent, but it matters: the balance sheet holds roughly $428 million in cash against minimal long-term debt. Free cash flow has turned positive at the operating level even while GAAP net losses continue. That gap between accounting loss and actual cash generation is not unusual for this stage of enterprise SaaS, but investors who only look at the GAAP line miss what the business is actually doing. The drag on profitability is intentional, routed into sales expansion and R&D, particularly in commercial markets and roofing verticals the company is still penetrating.
He went 11-for-11 during the last Fed shock. Another one is about to hit.
In 2022, when the Federal Reserve made its most dramatic pivot in history and the S&P lost nearly 20%, Larry Benedict didn’t lose a single trade.
He knew where the money was going and positioned his readers to profit.
Trump is now installing his own Fed Chair, something Wall Street is already calling a generational shift.
Larry says his readers will be ready for it.
Click here to find out the one ticker he’s positioning in, completely free.
On the analyst side, the consensus is Strong Buy across roughly 16 to 18 covering firms. TD Cowen holds a Buy with a $110 price target. The high-end estimate on the street is $155. Average targets cluster near $110, which implies meaningful upside from where the stock was trading before this earnings move. The 52-week range runs $54.17 to $119.99. Since mid-May, shares had been recovering from the low-$50s back into the mid-$70s heading into the report, a roughly 30% move off the April lows before Wednesday night’s jump added another leg.
Short and long-term moving averages are both trending higher, with the short-term crossing above. RSI is in the upper half of neutral, not extended but not quiet either. Key support, if this fades, is in the $64 to $65 area. The part people skip: TTAN processes annualized gross transaction volume in the tens of billions through the platform. That is operating leverage waiting to be unlocked as growth spending moderates over the next few years.
What is interesting is how little attention this category gets relative to the growth it is producing. Blue-collar automation is not a crowded conversation. Whether that changes now is worth watching.
