On May 18, 2026, Tetra Tech Inc (TTEK) shares rose 4.2% today, closing at $27.29. While this uptick is a welcome sign, the stock has experienced significant dec

Tetra Tech is rated buy with a $42 price target, offering ~40% upside from current levels. Q2 FY26 marked an inflection point: backlog grew 8% sequentially to $4.28B, EBITDA margin expanded 90 bps, and record cash flow was achieved. TTEK's digital automation portfolio (WaterNet, PFAScrub) and high-margin fixed-price contract mix drive competitive differentiation and margin expansion.

The average of price targets set by Wall Street analysts indicates a potential upside of 30.5% in Tetra (TTEK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Tetra Tech, Inc. (TTEK) Q2 2026 Earnings Call Transcript

TTEK beats Q2 estimates and raises FY26 outlook as strong water and environmental demand drives backlog growth despite revenue decline.

PASADENA, Calif.--(BUSINESS WIRE)-- #consultingandengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment and sustainable infrastructure, today announced results for the second quarter ended March 29, 2026. Revenue and revenue, net of subcontractor costs (net revenue)1, in the second quarter totaled $1.22 billion and $1.05 billion, respectively. Net revenue increased 8% Y/Y excluding USAID / DOS and disasters. Operating income was $132 million.

PASADENA, Calif.--(BUSINESS WIRE)-- #floodinfrastructure--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that Waterschap Aa en Maas, a significant water authority in the southern region of the Netherlands, has selected Tetra Tech to provide engineering and consulting services to expand wastewater treatment facilities and future-proof the region's water system infrastructure. Tetra Tech secured p.

PASADENA, Calif.--(BUSINESS WIRE)-- #leadingwithscience--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that Northern Ireland Water, the region's sole provider of water and sewage services, has selected Tetra Tech to provide high-end water and wastewater sampling services for water quality protection and enhanced resiliency of their water supplies. Tetra Tech's water and environment experts wil.

Tetra Tech, Inc. (NASDAQ: TTEK - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among

Tetra (TTEK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).