Welcome to our dedicated page for Target Hospitality news (Ticker: TH), a resource for investors and traders seeking the latest updates and insights on Target Hospitality stock.
Target Hospitality Corp. reports developments tied to its vertically integrated modular accommodations and value-added hospitality services business in the United States. The company builds, owns and operates customized communities that combine lodging with food service management, concierge, laundry, logistics, security, recreational facilities and workforce lodge management.
Recurring news for TH includes financial results, multi-year contract awards, Workforce Hospitality Solutions activity in data center, AI infrastructure and power-related projects, and updates across natural resources, government and critical infrastructure end markets. Company announcements also cover capital-structure actions such as secondary stock offerings, board and governance changes, investor conference participation and business outlook updates.
Target Hospitality (Nasdaq: TH) secured a multi‑year Data Center Hub Contract with a top‑five hyperscaler to build and operate a purpose‑built community for ~4,000 people. The agreement includes >$550 million in committed minimum revenue through Q1 2031 plus $20–$40 million annual variable revenue, and two extension options to 2035. Construction starts immediately with first occupancy in Q3 2026 and full completion in Q2 2027. Target expects ~$115–$125 million net capital investment (≈80% in 2026) and raised 2026 guidance to $360–$370M revenue, $70–$80M adjusted EBITDA, and $220–$240M total CapEx.
Target Hospitality (NASDAQ: TH) reported full-year 2025 results and announced multiple multi-year workforce contracts supporting data center and power projects. Revenue was $320.6M with a net loss of $37.1M and Adjusted EBITDA $53.2M. The company secured >$740M in contracts since Feb 2025, including new $129M and $23M West Texas and Pecos power community awards, reactivating >1,800 beds and expanding its WHS pipeline above 20,000 beds. Guidance for 2026 calls for revenue of $320–330M, Adjusted EBITDA of $60–70M, and capex of $65–75M.
Target Hospitality (NASDAQ: TH) will release its fourth quarter and full year 2025 results before market open on Wednesday, March 11, 2026. A conference call is scheduled the same day at 9:00 AM ET / 8:00 AM CT to discuss results, with a live webcast and replay available via the company's Investors website.
Registration and direct phone dial options are provided; attendees are asked to join about 15 minutes early.
Target Hospitality (Nasdaq: TH) announced a second 400-bed expansion to its data center community, raising immediate capacity to 1,050 beds (a 320% increase from 250) and retainable scale up to 1,500 beds. The Second Expansion carries ~$49 million committed minimum revenue for June 2026–May 2028, four one‑year extension options through May 2032, and increases total committed minimum revenue for the community to more than $130 million. Target began construction, expects completion by June 2026, and anticipates a net capital investment of $15–18 million.
Target Hospitality (Nasdaq: TH) announced on January 13, 2026 the appointment of Cyril J. Hahamski as Chief Accounting Officer. Mr. Hahamski will oversee the company's accounting function, including external financial reporting, internal controls, and management reporting.
The company said the hire is intended to strengthen internal capabilities as Target pursues a pipeline of growth opportunities; Jason Vlacich will continue as Chief Financial Officer.
Target Hospitality (Nasdaq: TH) announced a multi-year Power Community Contract to build and operate modular workforce accommodations in Northern Nevada to support power generation for mining and data center projects.
The agreement is expected to generate approximately $35 million of revenue over a 25-month term beginning in June 2026, with capacity for up to 250 individuals and a minimal capital investment of about $8–$10 million. Construction is expected to complete by June 2026. The award adds to Target's 2025 pipeline (over $530 million of multi-year contracts) and expands the company's Workforce Hospitality Solutions regional presence.
Target Hospitality (Nasdaq: TH) announced a 400-bed expansion to a previously announced 250-bed Data Center Community, increasing the community size by 160% to support up to 650 individuals (expandable to 1,500).
The Expansion Contract commits approximately $40 million of minimum revenue over the initial two-year term through March 2028 and includes four one-year extension options through March 2032.
The Expansion raises total committed minimum revenue to about $83 million (over 90% increase from an initial $43 million), requires a capital investment of approximately $10–15 million, and begins construction in Q4 2025 with expected completion in Q1 2026.
Target Hospitality (NASDAQ: TH) reported Q3 2025 results on November 6, 2025: revenue $99.4M, net loss $(0.8)M (loss per share $0.01), and Adjusted EBITDA $21.5M. The company reported $68.4M net cash from operations for the nine months and $61.3M discretionary cash flow through Sept 30, 2025, with ~$205M total liquidity and zero net debt.
Operationally, Target announced >$455M in 2025 multi-year contract awards including a Workforce Hub now expected to generate ~$166M through 2027, a 5-year $246M Dilley contract, and a $43M data center community agreement; launched Target Hyper/Scale.
Target Hospitality (NASDAQ: TH) will release its Third Quarter 2025 financial results before the market opens on Thursday, November 6, 2025.
The company also scheduled a conference call for November 6, 2025 at 9:00 AM ET / 8:00 AM CT to discuss results; the call will stream via the Investors section at www.TargetHospitality.com. Participants may use the Direct Phone Dial link to join immediately or call the operator-assisted number; a replay will be available on the investor website.
Target Hospitality (Nasdaq: TH) on October 27, 2025 launched Target Hyper/Scale, a sub-brand focused on turnkey remote workforce housing and hospitality solutions for data center and supporting infrastructure projects across North America.
Hyper/Scale combines land acquisition, design, construction, logistics, and on-site hospitality to build purpose-built workforce campuses aimed at helping owners, developers, and constructors attract and retain teams for large-scale, remote projects.
The sub-brand leverages Target's two decades of workforce-housing experience and positions itself as an integrated partner to improve project timelines, workforce stability, and operational efficiency for data center construction.