Target Hospitality opened higher at $11.88, compared with its previous close of $11.80. In the last trading session, the stock traded between $11.78 and $12.35. It showed an upward intraday trend.
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An investment of $100 made 5 years ago in Target Hospitality is now worth
$ 244.33
Giving a profit of
$ 144.33 (144.33%)
Invest with $1
Note: Past profits do not guarantee future returns.
Revenue rose 30% YoY to $129.1 million, beating consensus estimates. Adjusted EBITDA expanded 59% to $34.2 million with margins at 27%. Commercial pipeline increased to over 25,000 beds, with advanced discussions underway. WHS segment revenue surged 116% YoY to $79.5 million, driving growth. Full-year FY26 revenue guidance reaffirmed at $435 million to $445 million.
3 days ago
9Sep
Target Hospitality prices upsized secondary offering of 14M shares at $18.50
Target Hospitality priced 14,000,000 shares at $18.50 each. Selling shareholders are entities controlled by TDR Capital LLP. Company will repurchase up to $30,000,000 of stock from underwriters. No proceeds go to Target Hospitality from the share sales.
2mo ago
26Aug
Target Hospitality raises FY26 sales guidance to $435-$445 million
Target Hospitality raises FY26 revenue guidance to $435-$445 million from $410-$420 million. New outlook beats consensus estimate of $375.957 million for the fiscal year. Company secures $250 million multi-year data center contract with top-five hyperscaler. Project in West Texas requires less than $15 million capital investment. Full-year adjusted EBITDA guidance set at $105-$115 million.
2mo ago
27Jul
Target Hospitality closes $660M credit facility, cuts borrowing costs by up to 250 bps
Target Hospitality Corp replaced its $175 million credit facility with a new $660 million asset-based revolving credit facility maturing in July 2031. The deal nearly quadruples borrowing capacity and reduces interest costs by up to 250 basis points. An accordion feature allows for additional commitments up to $850 million total, supporting a pipeline of over 20,000 beds.
3mo ago
14Jul
Oppenheimer raises Target Hospitality price target to $24
Oppenheimer analyst Scott Schneeberger maintained an Outperform rating on Target Hospitality and raised the price target to $24 from $21, signaling a positive outlook for the NASDAQ-listed company.
