Titan International (TWI) AI Stock Analysis

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Titan International

(NYSE:TWI)

Select Model

Rating:45Neutral

Price Target:$5.00▼(-1.96% Downside)

Action:reiterated

Date:11/14/26

TWI scores low primarily due to deteriorated profitability, negative free cash flow, and still-elevated leverage, which together constrain financial flexibility. Technicals reinforce the downside bias with price below key moving averages and negative MACD. Offsetting factors include management actions highlighted on the earnings call (ITM divestiture, debt reduction, and improved Q3 cash flow), but near-term guidance and weak agricultural conditions keep the risk profile high.

Positive Factors

Portfolio ReshapingThe planned ITM divestiture should simplify Titan’s portfolio around core wheel and tire operations while providing substantial proceeds for debt reduction. A stronger balance sheet could improve financial flexibility and allow the company to pursue selective acquisitions, partnerships, and product investments.

Negative Factors

Persistent LossesTitan’s shift from profits in 2022–2023 to persistent losses in 2024–TTM shows that current revenue levels are not producing adequate earnings. Compressed gross and EBITDA margins reduce internal funding capacity and make recovery dependent on improved pricing, costs, or end-market demand.

Titan International (TWI) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $329.49M
Dividend Yield: ―
Average Volume (3M): 702.98K
Price to Earnings (P/E): -2.8
Beta (1Y): 1.65
Revenue Growth: -3.67%
EPS Growth: -1175.93%
Country: US
Employees: 8,200
Sector: Industrials
Sector Strength: 63
Industry: Agricultural - Machinery

Titan International Business Overview & Revenue Model

Company Description

Based in Quincy, Illinois, Titan International, Inc., along with its various subsidiaries, is a prominent global manufacturer and distributor of specialized wheels, tires, and undercarriage systems. These essential components are engineered for off-h...

How the Company Makes Money

Titan International primarily makes money by selling specialty off-highway wheels, tires, and related assemblies/components through two main channels: (1) OEM sales, where Titan supplies wheels/tires/assemblies that are installed on new equipment (e....

Titan International Earnings Call Summary

Earnings Call Date:Oct 29, 2026(Q3-2026)|% Change Since:-22.96%|Next Earnings Date:Mar 04, 2027

Earnings Call SentimentNeutral

The call presented a mixed outlook. Titan delivered Q3 results within guidance, improved cash flow, expanded margins in Consumer and EMC, reduced debt and advanced a strategic ITM divestiture intended to strengthen the balance sheet and focus the company on wheels and tires. However, agricultural demand remained materially weak, Brazil was challenging, Consumer sales declined and fourth-quarter adjusted EBITDA guidance ranged from breakeven to $7 million. Management expressed cautious optimism for a 2027 recovery, but the current operating environment remains difficult.

Positive Updates

Q3 Results Met Guidance

Third-quarter revenue was $454 million and adjusted EBITDA was $28 million, both consistent with guidance. Gross margin was 15% and free cash flow was $10 million. Revenue was above the midpoint of guidance, while adjusted EBITDA was within the range and just below the midpoint due to the delayed receipt of some tariffs.

Negative Updates

Agricultural Segment Sales and Margin Declined

Agricultural segment sales declined 12% year over year as U.S. activity remained subdued and Brazil slowed notably. Elevated financing, oil and fertilizer costs reduced activity, while lower fixed-cost leverage and higher input costs drove segment gross margin down to 7.6% from 13.2%.

Company Guidance

For the fourth quarter of 2026, Titan expects revenue of $410 million to $430 million and adjusted EBITDA of breakeven to $7 million, including ITM revenue of $115 million to $120 million and adjusted EBITDA of around $10 million; for fiscal year 2026, revised guidance inclusive of ITM is revenue of $1.85 billion to $1.87 billion and adjusted EBITDA of $91 million to $101 million, including ITM revenue of $465 million to $470 million and adjusted EBITDA of around $40 million. The company expects tax expense in the fourth quarter to be similar to the third quarter, expects approximately $6 million of refunds net in the fourth quarter, and expects the ITM sale to close in January, subject to customary regulatory and closing conditions.

Titan International Financial Statement Overview

Summary

Overall fundamentals are pressured: the income statement reflects a sharp swing from profits (2022–2023) to persistent losses (2024–TTM) with a net margin around -4.1% and compressed margins. Balance sheet leverage remains elevated (debt-to-equity ~1.42) despite some debt reduction, limiting flexibility while returns are negative. Cash flow is weak with modest operating cash flow (~$14.8M) and negative free cash flow (~-$28.3M), indicating limited self-funding capacity.

Income Statement

28Negative

Balance Sheet

44Neutral

Cash Flow

32Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.74B	1.83B	1.85B	1.82B	2.17B	1.78B
Gross Profit	237.24M	242.35M	257.80M	305.85M	360.71M	237.54M
EBITDA	61.05M	94.52M	105.40M	170.97M	274.90M	131.25M
Net Income	-117.23M	-63.49M	-5.56M	78.76M	176.30M	49.59M
Balance Sheet
Total Assets	1.64B	1.67B	1.58B	1.29B	1.28B	1.18B
Cash, Cash Equivalents and Short-Term Investments	172.79M	202.88M	195.97M	220.25M	159.58M	98.11M
Total Debt	675.24M	710.79M	683.46M	437.26M	451.88M	502.48M
Total Liabilities	1.18B	1.15B	1.09B	821.83M	901.49M	955.51M
Stockholders Equity	456.05M	514.38M	496.07M	467.06M	381.24M	229.30M
Cash Flow
Free Cash Flow	-20.55M	-24.59M	75.86M	118.55M	113.70M	-28.08M
Operating Cash Flow	22.54M	30.03M	141.49M	179.35M	160.68M	10.73M
Investing Cash Flow	-55.02M	-59.65M	-201.60M	-56.92M	-36.75M	-37.60M
Financing Cash Flow	314.00K	17.45M	64.55M	-56.02M	-61.31M	13.95M

Titan International Technical Analysis

Technical Analysis SentimentNegative

Last Price5.10

Price Trends

50DMA6.53Negative

100DMA6.95Negative

200DMA7.62Negative

Market Momentum

MACD-0.47Negative

RSI34.04Neutral

STOCH74.25Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TWI, the sentiment is Negative. The current price of 5.10 is below the 20-day moving average (MA) of 5.66, below the 50-day MA of 6.53, and below the 200-day MA of 7.62, indicating a bearish trend. The MACD of -0.47 indicates Negative momentum. The RSI at 34.04 is Neutral, neither overbought nor oversold. The STOCH value of 74.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TWI.

Titan International Risk Analysis

Titan International disclosed 29 risk factors in its most recent earnings report. Titan International reported the most risks in the "Legal & Regulatory" category.

Legal & Regulatory - Litigation, compliance, new legislation, and taxation risks

Latest Risks Added

3 New Risks

1.Geopolitical and Military Conflict RisksQ2, 2026

2.Geopolitical and Military Conflict RisksQ1, 2026

3.The Company faces substantial uncertainties related to the currently dynamic and uncertain tariff policy environment, including increased competition from domestic and international companies, increased costs and potential reductions in customer demand.Q4, 2025

Titan International Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

TWI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE	71Outperform	$183.02B	37.34	18.11%	0.96%	7.98%	-5.94%
CAT	70Outperform	$276.97B	23.44	58.52%	1.05%	20.26%	30.82%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ARTW	59Neutral	$14.93M	-31.35	-3.06%	―	4.55%	-122.70%
AGCO	51Neutral	$7.68B	28.78	6.69%	1.05%	0.86%	-22.74%
CNH	45Neutral	$14.79B	58.18	3.36%	0.84%	1.82%	-55.96%
TWI	45Neutral	$332.72M	-2.79	-23.84%	―	-3.67%	-1175.93%

* Industrials Sector Average

Performance Comparison

TWI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TWI	Titan International	5.10	-2.35	-31.54%
AGCO	Agco Corp.	111.94	10.02	9.84%
ARTW	Art's-way Manufacturing	2.78	0.61	27.97%
CAT	Caterpillar	600.20	52.81	9.65%
CNH	Cnh Industrial Nv	11.91	2.24	23.22%
DE	Deere & Company	673.54	202.93	43.12%

Titan International Corporate Events

Financial DisclosuresM&A Transactions

Titan International Reports Revised Continuing Operations Results

Negative

Nov 13, 2026

Titan International, Inc. agreed on September 21, 2026, to sell its ITM business; beginning with the quarter ended September 30, 2026, ITM’s historical results were presented as discontinued operations. The company said it was providing supplemental...

Business Operations and StrategyExecutive/Board Changes

Titan International Establishes CEO Deferred Compensation Trust

Neutral

Oct 16, 2026

On October 13, 2026, Titan International, Inc. implemented a deferred compensation plan for President and CEO Paul G. Reitz, granting him $2.3 million in deferred compensation subject to vesting and payment terms that will begin no earlier than 2030....

Business Operations and StrategyExecutive/Board ChangesM&A Transactions

Titan International to Divest ITM Undercarriage Business

Positive

Sep 25, 2026

On September 21, 2026, Titan International’s subsidiaries agreed to sell all equity interests in Italtractor ITM, a global undercarriage designer and manufacturer, to Italy-based USCO S.p.A. for an initial $207 million in cash plus up to $6 million i...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 13, 2026

Titan International AI Stock Analysis