Target Hospitality Corp. (TH)

In Q1 2025, Target Hospitality reported a net loss but redeemed senior secured notes and announced new contracts. In Q2 2025, the company reported another net loss but raised its full-year outlook and announced over $400 million in new contracts. Target Hospitality expanded into the data center market in August 2025. Stifel upgraded the stock to "Buy" in August 2025, leading to a price surge. Target Hospitality launched Target Hyper/Scale in October 2025. The share price declined by 1.68% between October 2024 and October 2025, and decreased by 22.6% from the beginning of 2025. Shares also "skyrocketed 65.4%" in the last six months, hitting $9.18, which may refer to a different specific six-month period or a peak within that timeframe.

Target Hospitality's demand is primarily driven by the project cycles and operational needs of its client industries, including government, energy, and data center development. Demand is tied to long-term contracts and the commencement and duration of large-scale projects rather than traditional consumer-driven seasonality. Significant shifts in demand are often contract-driven rather than purely seasonal.

Target Hospitality Corp. operates in the Industrials sector, providing specialty business services, and is sometimes classified under Consumer Discretionary and Hotels/Resorts. The company offers modular accommodations, workforce lodging, and integrated hospitality services, including catering, maintenance, security, and recreation. Target Hospitality serves U.S. government contractors and investment-grade natural resource development companies, operating through two segments: Hospitality & Facilities Services - South (HFS-South) and Government.

Target Hospitality Corp. operates across the United States and North America, focusing on the Permian Basin and Bakken Basin for oil and gas, and Texas for government contracts, including the South Texas Family Residential Center in Dilley, Texas. The company is headquartered in The Woodlands, Texas, with additional offices in Boston, Williston, Denver, Edmonton, and Sydney.

Target Hospitality's brand reputation was positively impacted by the launch of Target Hyper/Scale in October 2025, which aims to provide remote workforce housing solutions for data center projects. No prominent negative events specifically impacting Target Hospitality's brand reputation within the past year were found in the search results.

Target Hospitality Corp. has significant institutional ownership, with 300 institutional owners holding 36,139,373 shares, including TDR Capital LLP, Private Capital Management, LLC, and BlackRock, Inc. Key individual insiders include Stephen Robertson, Jeffrey Sagansky, and James Bradley Archer.