Why Did Titan America Stock Soar 24.03%?

On May 6, 2025, Titan America's stock surged by 24.03% in pre-market trading, marking a significant rise that caught the attention of investors and analysts alike.

Titan America reported strong financial results for the first quarter of 2025, demonstrating operational resilience despite challenging weather conditions. The company achieved a net income of $33.4 million, a 13% increase from the previous year, and an 11.7% rise in Adjusted EBITDA to $79.8 million. These results were driven by resilient pricing and higher aggregates volumes, which offset the impact of adverse weather and a soft residential market.

The company's strategic investments and strong market positioning in high-growth economic mega-regions such as Florida, the Mid-Atlantic, and Metro New York/New Jersey have supported its growth outlook. Titan America reaffirmed its 2025 growth outlook, expecting mid-single digit revenue growth and improved EBITDA margins.