Target Hospitality Outlines 2027 Financial Targets Amid Growing Workforce Housing Pipeline
Target Hospitality (TH) reported strong third-quarter results, characterized by sequential and year-over-year growth in both revenue and adjusted EBITDA. Management attributed this performance to disciplined execution and increasing operational momentum within the company's core business segments. Looking ahead, the company has established ambitious long-term financial goals, targeting an exit 2027 run-rate of over $750 million in revenue and more than $300 million in adjusted EBITDA. This growth strategy is supported by a significant expansion in their workforce housing (WHS) pipeline, which has now surpassed 25,000 beds.
Tickers: $TH