TIC Solutions (TIC) AI Stock Analysis

Company Guidance

The company raised full year 2026 revenue guidance to $2.24 billion to $2.27 billion from $2.15 billion to $2.25 billion and adjusted EBITDA guidance to $342 million to $350 million from $330 million to $355 million, with a midpoint of $346 million; fourth quarter guidance implies revenue of $528 million to $558 million and adjusted EBITDA of $82 million to $90 million, representing approximately 7% year-over-year growth in revenue and 13% growth in adjusted EBITDA at the midpoint. For 2027, management is planning for mid- to high single-digit revenue growth, with C&E and Geospatial growth again expected to outpace I&M, and expects adjusted EBITDA to grow faster than revenue; I&M was described as a low to mid-single digits grower. Full-year expectations include net cash interest expense of $195 million to $105 million, cash taxes of $25 million to $30 million and capital expenditures of $50 million to $60 million, while the company remains on track to deliver a $25 million run rate target by year-end and approximately $15 million of realized savings in 2026, toward its 2029 objectives of $3 billion in revenue, 18% adjusted EBITDA margin and 85% free cash flow conversion.