Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project
Raises Full-Year 2026 Revenue and Adjusted EBITDA ( 1) Outlook at the Midpoint by 6% and 22%, Respectively THE WOODLANDS, Texas, Aug. 26, 2026 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced a new multi-year lease and services agreement (the "Contract") to provide comprehensive facility and hospitality services for a top-five hyperscaler's data center development in the Pecos region of West Texas (the "Community"). Target will deliver a full-turnkey community that leverages its premium modular accommodations and all-inclusive hospitality services, including elevated lifestyle amenities, to support approximately 1,100 individuals.