Shares of ServiceTitan slid 6% to $73.00 in after-hours trading as investors weighed slowing revenue momentum and a wave of insider selling against the company's push to become an AI-powered operating system for contractors. The stock now sits well below its 52-week high of $119.99 , having shed roughly 40% from that peak even as the underlying business keeps growing.
Revenue Growth Is Solid but Decelerating — and the Market Noticed. ServiceTitan reported FY2026 revenue of $961 million, up 24% year-over-year, with Q4 revenue of $254 million, up 21%. That Q4 figure shows growth stepping down from the full-year pace. Initial FY2027 guidance called for $1.11–$1.12 billion in revenue , later raised to $1.13–$1.14 billion after a strong Q1 — but that still implies roughly 18% growth, a meaningful slowdown for a stock trading at about 7x forward revenue. For shareholders, decelerating growth makes the valuation harder to defend.
GAAP Losses Linger Despite Non-GAAP Profitability. Q4 produced a GAAP loss of $42.7 million alongside improving non-GAAP margins and free cash flow of $85.1 million. Non-GAAP metrics strip out stock-based compensation — real dilution to existing shareholders. By Q1 FY2027, GAAP operating margin had improved from -23.0% to -9.6% , a positive trend, but the gap between GAAP and non-GAAP remains wide enough to fuel skepticism about true earnings power.
A Parade of Insider Sales Is Rattling Confidence. Over the last 90 days, ServiceTitan saw net insider selling of $2.28 million across 25 transactions — all sell orders — exclusively by executives. More conspicuously, Director William Griffith offloaded 94,615 shares worth $6 million , while Bessemer Venture Partners funds sold blocks on July 2, 6, and 7 at prices between $77 and $80.
The Chief Accounting Officer also sold 4,910 shares on July 8. Individual insiders can sell for personal reasons, but the volume and breadth of dispositions sends a signal that those closest to the business aren't betting more on its upside.
Analyst Targets Still Imply Upside — for Now. Sixteen analysts maintain a Buy consensus with an average price target of $113.31 , suggesting roughly 55% upside. But that target was set before the latest selloff deepened. If FY2027 growth continues to moderate or GAAP losses persist, those targets will come under revision pressure. The core question: whether ServiceTitan's AI-driven product expansion can reaccelerate growth fast enough to justify the premium — or whether insiders already know the answer.