Morgan Stanley initiates Target Hospitality stock at overweight By Investing.com
Morgan Stanley has initiated coverage on Target Hospitality (NASDAQ:TH) with an overweight rating and a price target of $22.00, suggesting a 26% potential upside from its current trading price. The company, which provides lodging for workforces in remote areas, is strategically shifting towards data center, power, and critical-minerals markets and has secured over $2 billion in multiyear contracts since early 2025. Despite a 118% year-to-date return, analysts do not anticipate profitability this year, though significant revenue growth is expected in 2026 and 2027.
Target Hospitality Corp. (NASDAQ:TH) Given Consensus Recommendation of "Moderate Buy" by Analysts
Target Hospitality Corp. (NASDAQ:TH) has received a "Moderate Buy" consensus rating from five analysts, with an average 12-month price target of $21.25, surpassing its current share price of $17.44. The company recently exceeded quarterly earnings expectations, reporting an adjusted loss of $0.09 per share against a projected $0.11 loss, and revenues of $85.45 million compared to estimates of $79.30 million. Institutional investors and hedge funds collectively own 32.4% of the stock.
Target Hospitality Corp. Rings the Nasdaq Stock Market Closing Bell
Target Hospitality Corp. (Nasdaq: TH), a leading provider of specialty rental modular accommodations and hospitality solutions, celebrated by ringing the Closing Bell at the Nasdaq MarketSite in Times Square. Brad Archer, President and CEO, had the honor of ringing the bell. This event highlights the company's presence on the Nasdaq Stock Market.
Target Hospitality (NASDAQ:TH) Trading Up 6.7% Following Earnings Beat
Target Hospitality (NASDAQ:TH) saw its shares rise by 6.7% after reporting better-than-expected second-quarter results, with revenue of $85.45 million and an adjusted loss of $0.09 per share, both surpassing analyst forecasts. Management subsequently raised its 2026 revenue outlook to $410 million–$420 million and increased its adjusted EBITDA forecast by 13%, backed by over $1.4 billion in newly secured multiyear contracts. Despite this positive momentum and a "Moderate Buy" analyst consensus, the company's continued negative net margin and negative return on equity indicate that profitability remains a concern for investors.
Target Hospitality (TH) Q2 Earnings Report Preview: What To Look For
Target Hospitality (TH) is set to report its Q2 earnings before market open this Monday. The market anticipates a 28.7% year-over-year revenue growth, a significant turnaround from the previous year's decrease, despite the company missing analysts' revenue expectations last quarter. Peers in the consumer discretionary - travel and vacation providers segment have shown mixed results, with Target Hospitality's stock currently trading below its average analyst price target.
Earnings Flash (TH) Target Hospitality Corp. Reports Q2 Revenue $85.5M, vs. FactSet Est of $79.3M
Target Hospitality Corp. (TH) reported Q2 revenue of $85.5 million, surpassing FactSet's estimate of $79.3 million. This news was released on August 10, 2026, indicating a stronger financial performance than anticipated for the quarter.
Target Hospitality Announces Second Quarter 2026 Results Highlighting Strong Execution on Recent Contract Awards and Sustained Momentum on Strategic Growth Initiatives
Target Hospitality (TH) announced strong Q2 2026 results, driven by significant growth in its Workforce Hospitality Solutions (WHS) segment and successful execution of recent contract awards. The company secured over $1.4 billion in multi-year contracts and raised its full-year 2026 revenue and Adjusted EBITDA outlook by 11% and 13% respectively. These achievements were supported by expanded liquidity through a new $660 million credit facility, positioning Target Hospitality to capitalize on increasing demand in AI-driven infrastructure and power generation markets.
Earnings call transcript: Target Hospitality tops revenue view in Q2 2026
Target Hospitality (TH) reported strong Q2 2026 results, exceeding revenue forecasts with $85.46 million due to significant growth in its Workforce Hospitality Solutions (WHS) segment. Despite an adjusted EPS miss, the stock rose as investors prioritized robust sales, new contract wins totaling over $1.4 billion, and an improved full-year 2026 outlook. The company is experiencing rapid expansion, driven by demand for large-scale workforce housing from data center and infrastructure customers, leading to raised revenue and EBITDA guidance for 2026 and 2027.
Target Hospitality (TH) Reports Q2 Earnings: What Key Metrics Have to Say
Target Hospitality (TH) reported strong Q2 2026 results, with revenue reaching $85.46 million, a 38.7% year-over-year increase, and an EPS of -$0.09, an improvement from -$0.15 a year ago. The company exceeded analyst estimates for both revenue and EPS, driven by significant growth in its Government segment. Key metrics, such as revenue from Workforce Hospitality Solutions and the Government segment, also surpassed expectations, indicating robust underlying performance.
Target Hospitality raises 2026 outlook on contract wins By Investing.com
Target Hospitality (NASDAQ:TH) has raised its full-year 2026 revenue and adjusted EBITDA guidance by 11% and 13% respectively, following strong second-quarter results and significant contract wins. The company reported a 39% increase in Q2 revenue to $85.5 million and secured over $1.4 billion in multi-year contracts for its Workforce Hospitality Solutions segment, primarily supporting data center and power generation infrastructure. This growth was also bolstered by the completion of ramp-up phases at its Dilley, Texas facility.
Target Hospitality (NASDAQ:TH) Announces Quarterly Earnings Results
Target Hospitality (NASDAQ:TH) announced its quarterly earnings, reporting a loss of $0.09 per share, exceeding analyst expectations of a $0.11 loss, with revenues of $85.45 million against an estimated $79.30 million. Despite beating estimates, the company remains unprofitable with negative net margins and return on equity. Wall Street analysts maintain a "Moderate Buy" rating with an average price target of $20.33, with Oppenheimer raising its target to $24.00.
Target Hospitality (TH) lifts 2026 outlook after strong Q2 growth and $1.4B awards
Target Hospitality (TH) reported robust Q2 2026 results, with revenue increasing by 39% to $85.5 million and Adjusted EBITDA soaring by 420% to $18.2 million, largely driven by its Workforce Hospitality Solutions segment. The company has secured over $1.4 billion in multi-year contract awards since January 2026, representing more than 9,000 WHS beds, leading to an upward revision of its full-year 2026 revenue and Adjusted EBITDA outlook by 11% and 13% respectively. Additionally, Target Hospitality replaced its $175 million revolver with a new $660 million asset-based revolving credit facility, significantly enhancing its liquidity and financial flexibility for future growth.
Form 8K Target Hospitality Corp For: 10 August By Investing.com
This article reports that Target Hospitality Corp filed a Form 8K on August 10. The 8K filing is a required SEC document for public companies to announce major events that shareholders should know about. No further details about the content of the 8K are provided in this brief announcement.
Target Hospitality (TH) Q2 Earnings Report Preview: What To Look For
Target Hospitality (TH) is set to report its Q2 earnings this Monday before the market opens, with analysts expecting a 28.7% year-on-year revenue growth. The company missed revenue expectations last quarter but provided strong full-year guidance. Investors will be watching closely, especially given that some peers in the consumer discretionary sector have already reported mixed Q2 results.
Dimensional Fund Advisors LP Purchases 252,212 Shares of Target Hospitality Corp. $TH
Dimensional Fund Advisors LP increased its stake in Target Hospitality Corp. by 21.4% in the first quarter, purchasing over 252,000 additional shares. Other institutional investors also added to their positions, bringing the total institutional ownership to 32.4% of the company's stock. Despite a "Moderate Buy" consensus from analysts, Target Hospitality recently missed quarterly earnings and revenue estimates and reported negative margins.
Target Hospitality Corp - Ordinary Shares - Class A (TH) News, Articles, Events & Latest Updates
This page provides news and updates for Target Hospitality Corp (TH), focusing on its Q2 2026 earnings reports. Articles highlight that TH reported a Q2 loss but topped revenue estimates, with further analysis available on key metrics compared to Wall Street estimates. The company also announced strong execution on recent contract awards and sustained momentum on strategic growth initiatives.
Target Hospitality (TH) Q2 Earnings Report Preview: What To Look For
Target Hospitality (TH) is set to release its Q2 earnings this Monday. The market anticipates a significant revenue growth of 28.7% year-on-year, a reversal from last year's decrease, despite the company missing analyst revenue expectations last quarter. Analysts have maintained their estimates, suggesting confidence in the company's performance, while the stock has seen a decline compared to its peers in the travel and vacation providers segment.
Target Hospitality (TH) Q2 Earnings Report Preview: What To Look For
Target Hospitality (TH) is set to report its Q2 earnings this Monday before market open. The market anticipates a significant year-on-year revenue growth of 28.7%, a turnaround from last year's decrease, despite the company's recent share price decline. Analysts have largely reconfirmed their estimates, suggesting stability in the company's performance leading into the earnings report.
Target Hospitality Corp. (TH) awards new director 6,963 RSUs
Target Hospitality Corp. (TH) granted 6,963 Restricted Stock Units (RSUs) to newly appointed director Margaret Mary Smyth on August 4, 2026. These RSUs, which represent a contingent right to receive one share of common stock or its cash equivalent, will fully vest on May 20, 2027, under the company's 2019 Incentive Award Plan. This insider transaction was reported in a Form 4 filing, indicating direct beneficial ownership for Smyth.
Target Hospitality Corp. (TH) grants 6,963 RSUs to newly appointed director
Target Hospitality Corp. (TH) has granted 6,963 Restricted Stock Units (RSUs) to newly appointed director Erich Sanchack. These RSUs, which represent a contingent right to receive common stock or cash equivalent, will vest in full on May 20, 2027, under the company's 2019 Incentive Award Plan. This grant is part of Sanchack's compensation as a board member, with a reported grant price of $0.00.
Target Hospitality Corp. (TH) director reports zero beneficial stock ownership
Target Hospitality Corp. director Margaret Mary Smyth has reported zero beneficial stock ownership in the company through a Form 3 filing. The filing, dated August 4, 2026, explicitly states that Smyth holds no securities, with Heidi D. Lewis signing on her behalf as Attorney-in-Fact. This report clarifies that despite her director role, Smyth does not beneficially own any shares of Target Hospitality's common stock.
Target Hospitality Announces Second Quarter 2026 Earnings Release and Conference Call Schedule
Target Hospitality Corp. (NASDAQ: TH) announced it will release its second-quarter 2026 financial results before the market opens on Monday, August 10, 2026. A conference call to discuss these results is scheduled for the same day at 9:00 AM Eastern Time. The call will be accessible via live webcast through the Investors section of the company's website.
Target Hospitality (TH) to Release Quarterly Earnings on Thursday
Target Hospitality (NASDAQ: TH) is set to release its Q2 2026 earnings before market open on Thursday, August 6th. Analysts anticipate a loss of $0.10 per share and revenue of $79.3 million, following a previous quarter that missed expectations with a $0.13 loss per share. Despite negative profitability metrics, the company holds a "Moderate Buy" consensus rating with a $20.33 price target from analysts.
Target Hospitality (NASDAQ: TH) closes $660M ABL, boosts liquidity
Target Hospitality (NASDAQ: TH) has finalized a new $660 million asset-based revolving credit facility, significantly boosting its liquidity and replacing its previous $175 million facility. This new five-year agreement nearly quadruples its borrowing capacity, subject to availability, and includes an accordion feature that could increase total commitments to $850 million. The facility is expected to reduce Target Hospitality's borrowing costs by up to 250 basis points and is backed by a first-priority lien on company assets.
Target Hospitality closes $660 million credit facility By Investing.com
Target Hospitality (NASDAQ:TH) has secured a new $660 million asset-based revolving credit facility, replacing its previous $175 million facility. This new five-year agreement, maturing in July 2031, significantly boosts borrowing capacity and is expected to lower borrowing costs by up to 250 basis points. The company aims to leverage this improved financial flexibility to support its expanding commercial pipeline, which includes accommodations for over 20,000 beds.
Target Hospitality cuts borrowing costs by up to 250 basis points
Target Hospitality (NASDAQ: TH) has closed a new $660 million asset-based revolving credit facility, significantly expanding its borrowing capacity from $175 million and extending debt maturity to July 2031. This new facility is expected to reduce borrowing costs by up to 250 basis points and includes an accordion feature that could increase total capacity to $850 million. The move aims to support the company's strategic growth initiatives and active commercial pipeline of over 20,000 beds.
Target Hospitality Announces New $660 Million Credit Facility, Significantly Expanding Liquidity and Lowering Cost of Capital to Support Strategic Growth
Target Hospitality Corp. has secured a new $660 million asset-based revolving credit facility, replacing its previous $175 million facility. This move significantly enhances the company's liquidity, extends its debt maturity to July 2031, and lowers borrowing costs by up to 250 basis points. The increased financial flexibility and reduced cost of capital are intended to support Target Hospitality's strategic growth initiatives, particularly its pipeline of over 20,000 beds across high-value markets.
99,560,575 Common Stock of Target Hospitality Corp. are subject to a Lock-Up Agreement Ending on 21-JUL-2026.
This article announces that 99,560,575 common shares of Target Hospitality Corp. are under a lock-up agreement, which began on April 21, 2026, and will end on July 21, 2026. This agreement restricts selling stockholders, executive officers, and directors from selling or transferring any common stock or convertible securities for 90 days without the consent of Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. The article also provides recent news and financial data for Target Hospitality Corp., emphasizing its services in specialty rental and hospitality.
Target Hospitality (NASDAQ:TH) Trading Up 6.4% on Analyst Upgrade
Target Hospitality (NASDAQ:TH) saw its stock rise 6.4% after Oppenheimer increased its price target from $21 to $24, maintaining an "outperform" rating. This upgrade comes despite the company recently reporting weaker-than-expected quarterly results, with an EPS loss of $0.13 and revenue slightly below forecasts. Analyst sentiment for Target Hospitality remains a "Moderate Buy," with an average target price of $20.33, influenced by mixed ratings from various firms.
Oppenheimer Raises Target Hospitality (NASDAQ:TH) Price Target to $24.00
Oppenheimer has increased its price target for Target Hospitality (NASDAQ:TH) to $24.00 from $21.00, maintaining an "outperform" rating, which suggests a potential upside of 43% from the current share price. Despite this positive outlook, the company recently reported a quarterly earnings and revenue miss, and its stock was down 6.8%. Other analysts hold a mixed view on TH, with a consensus of "Moderate Buy" and an average price target of $20.33.
Oppenheimer Adjusts Price Target on Target Hospitality to $24 From $21, Maintains Outperform Rating
Oppenheimer has increased its price target for Target Hospitality (TH) to $24 from $21, while reiterating an Outperform rating on the stock. This adjustment comes despite a recent Q1 2026 loss widening, as the company's revenue rose. Target Hospitality provides specialty rental and hospitality services, primarily supporting natural resources and government contracts.
Private Capital Management (TH) reports 3.70% stake in Target Hospitality
Private Capital Management, LLC has filed an amendment to its Schedule 13G, disclosing a beneficial ownership of 3,701,815 shares, or 3.70%, in Target Hospitality Corp (TH) as of June 30, 2026. The filing details the distribution of sole and shared voting and dispositive powers over these shares. This amendment provides updated transparency on significant passive holdings in Target Hospitality.
Target Hospitality (TH): Buy, sell, or hold post Q1 earnings?
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Target Hospitality Corp.(NasdaqCM:TH) added to Russell Small Cap Comp Growth Benchmark
Target Hospitality Corp. (NasdaqCM:TH) has been added to the Russell Small Cap Comp Growth Benchmark, along with other Russell indices including the Russell 2500 Growth, Russell 2000 Growth, and Russell 3000E Growth Benchmarks. This news follows several recent updates for the company, including initiating coverage from Deutsche Bank, a secondary offering of common shares, and their Q1 2026 earnings report. The stock showed a 0.84% gain, priced at $20.44.
Target Hospitality Corp.(NasdaqCM: TH) added to Russell 3000 Growth Benchmark
Target Hospitality Corp. (NasdaqCM: TH) has been added to the Russell 3000 Growth Benchmark, as announced on June 28, 2026. This inclusion often signals increased visibility and potential for investment from growth-focused funds. The company specializes in integrated hospitality services for workforce communities, particularly in the natural resources and government sectors.
Target Hospitality Corp.(NasdaqCM: TH) added to Russell 2500 Growth Benchmark
Target Hospitality Corp. (NasdaqCM:TH) has been added to the Russell 2500 Growth Benchmark, an index that tracks the performance of small and mid-cap growth companies. This inclusion is part of several recent additions for Target Hospitality to various Russell growth benchmarks, including the Russell Small Cap Comp Growth, Russell 2000 Growth, and Russell 3000E Growth. The company, which provides specialty rental and hospitality services, recently reported its first-quarter 2026 earnings, with an expected revenue range of $370M - $380M for the full year 2026.
TDR-linked holders in Target Hospitality (TH) move 1.34M shares
TDR-linked holders in Target Hospitality (TH) reported an internal redistribution of 1,344,460 common shares on June 18, 2026, from MFA Global S.a r.l. and Arrow Holdings S.a r.l. to certain limited partners for no monetary consideration. Following this transaction, TDR Capital-associated entities continue to indirectly hold 45,978,409 shares of Target Hospitality, clarifying that this move was a restructuring of existing holdings rather than a market sale or purchase. The TDR-related persons disclaim beneficial ownership beyond their pecuniary interest, as detailed in the SEC Form 4 filing.
Form 4 Target Hospitality Corp For: 22 June By Investing.com
This article announces a Form 4 filing for Target Hospitality Corp (TH) on June 22. It mentions the event as part of the stock market news and includes current stock performance (TH +1.89%). The content also lists various market indices, commodity prices, and trending stocks.
Large TDR Capital group holders update 46.2% stake in Target Hospitality (TH)
A group led by TDR Capital has updated its ownership stake in Target Hospitality Corp. (TH) to 46.2%, or 45,978,409 shares, via an amended Schedule 13D/A filing. The amendment primarily reflects an in-kind distribution of 1,344,460 common shares on June 18, 2026, by Arrow Holdings and MFA Global to certain limited partners, which adjusted the allocation of shares without altering the group's overall control. The filing also details the beneficial ownership structure and confirms no criminal or civil securities violations by the reporting persons in the last five years.
Form 4 Target Hospitality Corp For: 22 June By Investing.com
This article from Investing.com announces the filing of Form 4 for Target Hospitality Corp on June 22. It is a very brief financial news update, providing the stock symbol TH and its slight negative percentage change. The article primarily serves as a placeholder for a financial filing, surrounded by various market data, news headlines, and navigational elements.
Target Hospitality stock hits all-time high at 18.94 USD By Investing.com
Target Hospitality Corp's stock recently achieved an all-time high of $18.94, currently trading at $18.95 with a market capitalization of $1.88 billion. The company has seen a significant 1-year change of 168.81% and a year-to-date return of 130%. Despite this performance, InvestingPro data suggests the stock may be overvalued relative to its Fair Value, and the company recently reported a Q1 2026 loss per share that missed forecasts, alongside completing a secondary stock offering from which it received no proceeds.
TH - Target Hospitality Corp Stock Price and Quote
This article provides a detailed stock quote and financial overview for Target Hospitality Corp (TH), including its latest closing price, performance metrics, and key financial ratios. It also lists recent analyst ratings and a chronological feed of company news and insider transactions, highlighting events such as earnings reports, contract announcements, and secondary offerings.
TDR Capital entities trim Target Hospitality (TH) stake via 8.05M-share sale
Entities associated with TDR Capital have reduced their indirect stake in Target Hospitality (TH) through a series of transactions. This included the distribution of 1,203,134 shares to limited partners for no consideration and the sale of 8,050,000 shares in an underwritten public offering at $16.3625 per share. After these activities, the TDR Capital-affiliated entities still indirectly hold 47,322,869 shares, though they disclaim beneficial ownership beyond their pecuniary interest.
TDR Capital group (NASDAQ: TH) revises 47.5% Target Hospitality stake after 8.05M-share sale
TDR Capital-affiliated investors have revised their stake in Target Hospitality Corp. (NASDAQ: TH) through an amended Schedule 13D filing. The filing details the in-kind distribution of 1,203,134 shares and the secondary sale of 8,050,000 shares at $16.3625 each, executed by Arrow Holdings and MFA Global through an underwriting agreement. Despite these transactions, TDR Capital-related entities maintain a significant beneficial ownership of 47.5% of Target Hospitality's common stock, reflecting a reallocation of holdings rather than new capital raised by the company.
Target Hospitality Announces Closing of Secondary Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
Target Hospitality Corp. announced the closing of its previously announced underwritten secondary offering of 7,000,000 shares of common stock, along with the full exercise of the underwriters' option to purchase an additional 1,050,000 shares. The shares were sold by existing stockholders, not the Company, at a price of $17.00 per share. The Company did not receive any proceeds from the offering.
Target Hospitality prices $119M secondary share offering; stock moves down
Target Hospitality (TH) announced the pricing of a secondary public offering of 9.2 million shares by an affiliate of Arrow Debt Partners at $12.90 per share, aiming to raise $118.68 million. The company will not receive any proceeds from this offering, which is expected to close on or about June 3, 2026. Following the announcement, Target Hospitality's stock experienced a 6% decline in after-hours trading.
Target Hospitality Announces Closing of Secondary Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
Target Hospitality announced the closing of a secondary offering of 7,000,000 shares of its common stock, held by Arrow Holdings S.à r.l. and MFA Global S.à r.l., at $17.00 per share. The underwriters also fully exercised their option to purchase an additional 1,050,000 shares. The company did not sell any shares in the offering and did not receive any proceeds.
Target Hospitality (TH) registers 7.0M resale shares; $17 price
Target Hospitality (TH) has filed a resale prospectus supplement to register 7 million shares of Common Stock, plus an option for an additional 1.05 million shares, held by affiliates of TDR Capital LLP at an offering price of $17.00 per share. The company itself will not receive any proceeds from this sale; rather, the net proceeds, after underwriting discounts, will go to the selling stockholders. This offering will result in Target Hospitality ceasing to be a "controlled company" under Nasdaq governance standards.
Target Hospitality (NASDAQ: TH) holders sell $119M in secondary share offering
Target Hospitality Corp. announced a secondary public offering of 7,000,000 shares of its common stock at $17.00 per share, which were sold by existing stockholders Arrow Holdings S.à r.l. and MFA Global S.à r.l. The total gross proceeds to the selling stockholders amount to approximately $119 million, and Target Hospitality itself is not selling any shares and will not receive any proceeds from this offering. The underwriters also have a 30-day option to purchase up to an additional 1,050,000 shares.
7M Target Hospitality shares hit market as TDR-backed investors sell
Target Hospitality (TH) announced an underwritten secondary offering of 7 million shares, with selling stockholders Arrow Holdings S.à r.l. and MFA Global S.à r.l. (controlled by TDR Capital) selling the shares. The company itself is not issuing new shares and will not receive any proceeds from the offering. The market reacted negatively to the announcement, with TH stock declining by 6.06% on the day the news was published.
