TIC Solutions (TIC) Price Target Raised Despite Mixed Q1

TIC Solutions, Inc. (NYSE:TIC) is included among the 10 Most Popular Small Cap Stocks to Buy.

TIC Solutions (TIC) Price Target Raised Despite Mixed Q1

TIC Solutions, Inc. is a leading provider of tech-enabled Testing, Inspection, Certification, and Compliance (TICC) services and critical asset integrity solutions.

On May 7, JPMorgan raised its price target on TIC Solutions, Inc. from $7 to $9, but kept its ‘Underweight’ rating on the shares. The move comes despite TIC reporting mixed results for its Q1 2026 a day earlier.

TIC Solutions, Inc. reported an adjusted loss of $0.10 per share for its first quarter, compared to estimates of a profit of $0.02 per share. However, the company managed to grow its revenue by more than 108% YoY to $488 million and exceeded expectations by over $12 million. Moreover, its adjusted EBITDA of $57.7 million for the quarter was also up by over 123% compared to last year, primarily reflecting the inclusion of NV5 results.

TIC Solutions, Inc. reaffirmed its prior full-year 2026 guidance of $2.15 billion to $2.25 billion of revenue and $330 million to $355 million of adjusted EBITDA. Moreover, the company is targeting to deliver $3+ billion in revenue, 18%+ Adjusted EBITDA margin, and 85%+ Free Cash Flow Conversion by 2029.

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