Tetra Tech

TTEK

Market cap $7.13B

Highlights Abasca Resources Inc. has engaged Tetra Tech Canada Inc. to complete a Preliminary Economic Assessment ("PEA") on the 100%-owned Loki Flake Graphite Deposit (Loki Deposit), marking a key step in advancing the deposit from exploration toward a development-ready asset. The PEA will incorporate an updated Mineral Resource Estimate ("MRE") that reflects the materially extended strike length of the Loki Deposit defined by the 2025 and 2026 drilling.

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

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, announced today the planned dates for its second quarter 2026 results and conference call. On Wednesday, April 29, 2026, after market close, Tetra Tech intends to announce its second quarter 2026 results. On Thursday, April 30, 2026, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a conference call to pr.