ServiceTitan (TTAN) continued its sharp decline, closing down 1.73% at $88.04, reflecting investor concerns that its current 9.2x price-to-sales ratio is unjustified compared to industry growth forecasts.
- The stock has fallen 17.2% over the last nine trading days, dropping from $106.34 on January 12.
- The weakness is driven by valuation, not fundamentals, as the company reported 25% year-over-year revenue growth in FQ3 2026.
- Analysts remain bullish, including a "Top Pick" rating from Morgan Stanley with a $131 price target.