US SaaS Stocks Halved in a Year... Today Alone, They Jumped 9%

ServiceTitan Inc. (NASDAQ: TTAN), a U.S. field service management software provider, closed at $72 on the Nasdaq on the 28th, up 9.44%. Its market capitalization rose to about $5.96 billion (roughly KRW 8 trillion), marking a one-day gain of approximately $620 million (around KRW 840 billion).

According to a consensus of 18 analysts compiled by S&P Global, ServiceTitan shares carry a “buy” rating with an average price target of $101, suggesting over 40% upside from the current level. (stockanalysis.com)

Headquartered in Glendale, California, ServiceTitan offers a cloud-based field service management platform that integrates advertising, scheduling, estimating, invoicing and payments into a single system for plumbing, electrical, HVAC and other on-site service industries. Founded in 2007 and listed on the Nasdaq in 2024, it is viewed as a prime beneficiary of digital transformation among mid- to large-sized service companies. (en.wikipedia.org)