B+
Bull case
30%
Probability
Target price
$42.00
Analysis reference price unavailable
Analysis 2026-09-29 · RankAlpha Sentiment Codex
TTEK
Tetra TechCNasdaq / Commercial & Professional Services
Last Price
Quote time unavailable
Current thesis
The Q3 backlog increase, higher FY26 guidance and strong operating cash flow support a cautiously positive view if awards convert at attractive margins. Q3 operating cash flow was $229 million; management attributed growth chiefly to U.S.
Posture
Mixed
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta -0.9.
What can break
A repurchase authorization is discretionary and is not a commitment to purchase shares. [#8-K-2026-09-10]
Momentum
53
Value
53
Sentiment
52
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $36.00 · Bull $42.00 · Bear $27.00Analysis 2026-09-29; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-29 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-26
Investment thesis
As of 2026-10-26
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $40.17
Why
Momentum53 · Δ7d +1.8
Value53 · Δ7d -0.9
Sentiment52 · Δ7d -8.8
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta -0.9.
Contradictions & invalidation
- • A repurchase authorization is discretionary and is not a commitment to purchase shares. [#8-K-2026-09-10]
- • A slower conversion of the $4.49 billion Q3 backlog could weaken revenue or margins. [#SEC-8K-2026-07-29]
- • Backlog timing, project margins and federal spending could disappoint.
Catalyst clock
2026-11-30
Fiscal 2026 results test raised guidance
Lead driver: Value · See fundamentals
Momentum
53
8% active weight
Current posture
7d trendSoftening
Δ7d
+1.8
Δ21d
-15.6
Value
53
47% active weight
Current posture
7d trendFlat
Δ7d
-0.9
Δ21d
-1.1
Sentiment
52
45% active weight
Current posture
7d trendSoftening
Δ7d
-8.8
Δ21d
-22.6
Why this grade
Composite grade C. Momentum 52.9 / Value 52.8 / Sentiment 51.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-29. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$36.00
Analysis reference price unavailable
Analysis 2026-09-29 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$27.00
Analysis reference price unavailable
Analysis 2026-09-29 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-26
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$9.51B
Beta
0.91
Shares Out
256.04M
P/E (TTM)
37.3
P/S (TTM)
1.97
P/FCF (TTM)
24.36
Rev YoY
-4.5%
EPS YoY
-1.9%
Gross Margin
+18.8%
Op Margin
+11.7%
Net Debt
$819.7M
Current Ratio
1.18
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data