Tetra Tech

TTEK · NASDAQ

$34.96+$0.33 (+0.95%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $34.63

TTEK analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 9 analysts

Average $41.40 (+18.4% upside)

Low: $36.36
Now: $34.96
High: $48.30

Upgrades and downgrades

The latest rating actions, newest first

TTEK analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Oct 15, 2026	Maintains	Outperform	$46.00 → $44.00	55%
Keybanc	Oct 15, 2026	Maintains	Overweight	$43.00 → $41.00	47%
RBC Capital	Jul 22, 2026	Maintains	Outperform	$48.00 → $43.00	55%
RBC Capital	Nov 14, 2025	Maintains	Outperform	$47.00 → $48.00	55%
Baird	Nov 13, 2025	Maintains	Neutral	$40.00 → $41.00	66%

The case for and against

Updated Mar 20, 2026

Bull case

Tetra Tech Inc. is projected to achieve organic growth in the range of 6-10% for fiscal year 2026, suggesting robust business expansion aligned with future growth targets. The company anticipates exceeding its medium-term margin improvement guidance, with expectations for a year-over-year increase of 60-70 basis points in fiscal 2026, driven by the non-recurrence of USAID projects. Additionally, Tetra Tech is well-positioned to leverage opportunities in various growing sectors, enhancing its capability to capture contracts and drive further revenue growth.

Bear case

Tetra Tech Inc. faces a negative outlook due to potential organic revenue growth falling short of expectations, particularly in the context of a macroeconomic slowdown that could lead to diminished demand for its services. Furthermore, the company's ability to maintain margins is uncertain, as it may struggle to manage costs effectively during adverse economic conditions and encounter lower-than-expected synergies from recent acquisitions. Key risks include reliance on government contracts that can be altered or terminated, exposure to fixed-price contracts with inherent cost overruns, difficulties in securing new contract awards, skilled labor shortages, and the impacts of foreign exchange fluctuations against the U.S. dollar.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.