Tetra Tech (NASDAQ:TTEK) Releases FY 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.460-1.560 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of $4.2 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion. Tetra Tech also updated its Q2 2026 guidance to 0.300-0.330 EPS.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TTEK. Wall Street Zen upgraded shares of Tetra Tech from a “hold” rating to a “buy” rating in a report on Sunday, November 23rd. National Bank Financial assumed coverage on shares of Tetra Tech in a research note on Wednesday, October 8th. They set an “outperform” rating and a $41.00 target price for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Tetra Tech in a report on Wednesday, January 21st. Northcoast Research raised Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a report on Thursday, November 13th. Finally, Robert W. Baird set a $43.00 price target on shares of Tetra Tech in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.60.

Tetra Tech Stock Performance

TTEK stock traded up $0.63 on Thursday, hitting $37.73. The company’s stock had a trading volume of 625,630 shares, compared to its average volume of 1,949,377. The stock has a market cap of $9.85 billion, a price-to-earnings ratio of 40.24 and a beta of 0.90. The firm has a 50 day moving average of $34.98 and a two-hundred day moving average of $35.14. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. Tetra Tech has a 1 year low of $27.27 and a 1 year high of $40.88.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, January 28th. The industrial products company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. Tetra Tech had a net margin of 4.55% and a return on equity of 25.79%. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same period in the prior year, the company earned $0.35 earnings per share. The business’s revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. Equities analysts predict that Tetra Tech will post 1.37 EPS for the current fiscal year.

Tetra Tech Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 12th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s payout ratio is presently 27.96%.

More Tetra Tech News

Here are the key news stories impacting Tetra Tech this week:

• Positive Sentiment: Q1 results beat expectations — TTEK reported $0.35 EPS (vs. $0.31 consensus) and revenue of $1.21B, driven by improved net revenue and margins; the company highlighted operating income of $141M and adjusted EBITDA of $147M. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Raised FY?2026 guidance — management nudged full?year EPS guidance to $1.46–$1.56 and raised net revenue guidance (range roughly in line with consensus), signaling confidence in the back half of the year. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance
• Positive Sentiment: Dividend increase — TTEK raised its quarterly dividend 12% to $0.065 per share (annualized yield ~0.7%); ex?dividend date Feb 12 and payable Feb 27, which supports income?oriented investors and signals board confidence. Tetra Tech raises quarterly dividend 12% to $0.065 per share
• Positive Sentiment: Strategic partnership — Tetra Tech Canada signed an MoU with Westinghouse to collaborate on AP1000® and AP300™ nuclear new?build projects in Ontario, expanding potential large?scale infrastructure work. Westinghouse and Tetra Tech Canada Sign Agreement for Nuclear New-Build Projects
• Neutral Sentiment: Q2 guidance in line — Q2 EPS guidance of $0.300–$0.330 overlaps the Street (~$0.31) and revenue guidance is close to consensus, implying no major near?term upside surprise.
• Negative Sentiment: Revenue is down year?over?year — reported revenue declined ~13.4% vs. prior year (though net revenue excluding certain items was better), which highlights cyclicality and near?term top?line pressure. Tetra Tech Reports Strong First Quarter 2026 Results and Raises Fiscal Year 2026 Guidance

Institutional Trading of Tetra Tech

Several hedge funds have recently made changes to their positions in TTEK. Geneos Wealth Management Inc. grew its position in shares of Tetra Tech by 136.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,303 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 751 shares during the last quarter. Danske Bank A S purchased a new stake in Tetra Tech in the 3rd quarter valued at approximately $53,000. Wilmington Savings Fund Society FSB grew its holdings in Tetra Tech by 84.0% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,755 shares of the industrial products company’s stock valued at $59,000 after buying an additional 801 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Tetra Tech by 754.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,855 shares of the industrial products company’s stock worth $67,000 after buying an additional 1,638 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its holdings in shares of Tetra Tech by 22.6% in the third quarter. Brown Brothers Harriman & Co. now owns 4,626 shares of the industrial products company’s stock worth $154,000 after acquiring an additional 853 shares during the last quarter. Institutional investors and hedge funds own 93.89% of the company’s stock.

About Tetra Tech

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.