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Tetra Tech, Inc.

TTEK · NASDAQ

Market closed$31.59$-0.440000 (-1.37%)After hours $31.59 · 0.00%

Key statistics

Previous close$32.03
Open$31.87
Day high$32.34
Day low$31.26
52-week high$43.14
52-week low$25.81
Market cap8.20B
Volume1.93M
Average volume3.56M
P/E ratio20.12
Forward P/E—
EPS1.57
Dividend yield+0.85%

Market context

Why it moved

TTEK shares declined modestly as broad market selling pressure weighed on equities, with the S&P 500 falling sharply driven by fresh selling in AI-related and semiconductor stocks, rising oil prices amid escalating U.S.-Iran tensions, and disappointing earnings from high-profile companies like Netflix.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Tetra Tech shares closed modestly lower, pulling back alongside a broader market selloff driven by mounting AI skepticism and escalating U.S.-Iran military tensions. On the company front, positive developments continue to accumulate: the EPA awarded Tetra Tech a $25 million water quality and ecological monitoring contract, and institutional investors including Bleakley Financial Group significantly boosted their stakes. Analysts maintain a Moderate Buy consensus with an average price target of $39.80, reflecting confidence in the company's multi-billion dollar backlog and recent contract wins in hydropower modernization and water infrastructure.

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July 16, 2026Tetra Tech gained over 2% after the company announced a $25 million single-award contract from the U.S. EPA's Office of Water for technical services supporting water quality and ecological monitoring — a five-year win that reinforces the company's "Leading with Science" positioning. The contract award comes alongside continued institutional accumulation, with multiple firms raising their TTEK stakes in recent quarters, and an ongoing hydropower modernization project win, supporting investor confidence despite a modest analyst price target cut from National Bank Financial ($38 to $35, maintaining Outperform). The industrials sector (XLI) edged higher in after-hours, providing a constructive backdrop.

2.2343

July 15, 2026Tetra Tech edged modestly higher, outperforming a mixed industrials sector (XLI) as investors weighed continued institutional accumulation — with multiple funds including SFE Investment Counsel and Candriam boosting stakes in Q1 — against a recent Wall Street Zen downgrade to Hold. The stock trades well below its consensus analyst target of $41.00, keeping a 'Moderate Buy' rating intact, while a cooler-than-expected June CPI report and Fed Chair Warsh's constructive remarks on the economy provided a broadly supportive macro backdrop for the engineering & construction sector.

0.7072

July 14, 2026Tetra Tech closed essentially flat amid a mixed macro backdrop, as National Bank Financial trimmed its price target from $38 to $35 while maintaining an Outperform rating — implying roughly 12% upside from current levels. The cut reflects tempered near-term expectations following Q2 revenue that declined 7.7% year-over-year, though the company beat earnings estimates and issued FY2026 guidance of $1.50–$1.58 EPS. Multiple institutional investors have been adding to positions, and the overall analyst consensus remains Moderate Buy with a $39.80 average target, offering a potential 28%+ premium to today's close.

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July 14, 2026Tetra Tech shares edged modestly higher on the regular session, though the stock is little changed in after-hours trade as the broader industrials sector faces headwinds from renewed U.S.-Iran tensions that sent oil prices surging and weighed on equities. Investor sentiment is supported by a wave of institutional buying — with Candriam, SFE Investment Counsel, and AlpenGlobal Capital all recently adding to positions — alongside a Q2 earnings beat ($0.34 EPS vs. $0.31 expected) and a raised dividend, though a fresh downgrade to Hold from Wall Street Zen and a consensus price target of $41.00 (versus the current ~$31 price) reflect lingering uncertainty about the stock's near-term trajectory.

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July 10, 2026Tetra Tech closed essentially flat, trading modestly above its previous close, as investors look ahead to the company's Q3 2026 earnings announcement scheduled for July 29. Recent contract wins—including a $15 million, 5-year LADWP Owens Lake Dust Mitigation contract and a $49 million U.S. Army Corps of Engineers award—continue to support the company's water and environmental infrastructure backlog. The industrials sector has been a top performer in 2026, up over 16% YTD via XLI, though Morningstar flags the sector as broadly overvalued at a 14% premium amid AI infrastructure-driven enthusiasm.

0.1616

July 9, 2026Tetra Tech edged modestly higher in regular trading and extended hours as investors look ahead to its Q3 2026 earnings release scheduled for July 29, with a conference call the following morning. The company recently secured a $15 million, 5-year Los Angeles environmental contract and has a string of new awards, while analysts maintain a Moderate Buy consensus with a $41 average price target — well above current levels. The broader industrials sector, which has led YTD with strong gains, faces some macro headwinds from renewed U.S.-Iran tensions and rising oil prices reigniting inflation fears.

0.4872

July 8, 2026Tetra Tech closed modestly lower, edging down alongside broader industrials weakness as geopolitical risk dominated markets — Trump declared the U.S.-Iran interim peace deal 'over,' sending oil prices surging over 5% and triggering a broad risk-off selloff that hit industrials particularly hard. Against this backdrop, Tetra Tech announced its Q3 2026 earnings will be reported July 29 and announced a new 5-year, $15 million contract with the LA Department of Water and Power for the Owens Lake Dust Mitigation Program, continuing a 15-year client relationship. Analysts maintain a Moderate Buy consensus with an average price target of $41.00, well above current levels, following the company's Q1 beat where EPS of $0.34 topped estimates of $0.31.

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GuruFocus · July 16, 2026Tetra Tech (TTEK) Secures $25 Million EPA Contract for Water QuaSimply Wall Street · July 16, 2026Tetra Tech (TTEK) Wins New Environmental Contracts As Its Valuation Case Stays In FocusMoomoo · July 16, 2026Tetra Tech Wins $25 Million EPA Water Quality ContractStock Titan · July 16, 2026Tetra Tech to Monitor Fish Contaminants and Water Pathogenswww.marketscreener.com · July 16, 2026U.S. EPA Office of Water Awards Tetra Tech $25 Million Water Quality and Ecological Monitoring ContractBitget · July 16, 2026Tetra Tech wins $25 million EPA water quality, ecological monitoring contractSimply Wall Street · July 14, 2026How Investors Are Reacting To Tetra Tech (TTEK) Landing Owens Lake Dust Mitigation Engineering ContractStock Titan · July 8, 2026Tetra Tech sets July 29 results, July 30 call
Mt Newswire · July 16, 2026Tetra Tech Wins $25 Million EPA Water Quality Contract
Benzinga · July 16, 2026Tetra Tech Receives $25M Contract Form U.S. Environmental Protection Agency’s Standards And Health Protection Division For Technical Services To Mull, Manage Risks To Human Health, Aquatic Ecosystems
Mt Newswire · July 7, 2026Tetra Tech Wins $15 Million Dust Control Contract From City of Los Angeles
Benzinga · July 7, 2026Tetra Tech Awarded Five-Year, $15M, Multiple-Award Contract For Engineering Design And Technical Services For The Owens Lake Dust Mitigation Program
Mt Newswire · June 25, 2026Tetra Tech Won $49 Million Military Contract for Water Infrastructure Services
Benzinga · June 23, 2026Tetra Tech Selected By California’s Encina Wastewater Authority To Provide Digital Automation, Operational Technology Network Services For Cogeneration Low-Emission Augmentation, Retrofit Project
Mt Newswire · June 16, 2026Tetra Tech Selected for Scotland Infrastructure, Environmental Resilience Projects
Mt Newswire · June 9, 2026Tetra Tech Selected as Lead Designer for Hydropower Dam Modernization Project

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