TechTarget, Inc. (TTGT)
NASDAQ: TTGT · Real-Time Price · USD
17.88
+0.49 (2.82%)
Jan 21, 2025, 4:00 PM EST - Market closed
TechTarget Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for TechTarget stock have an average target of 32, with a low estimate of 18 and a high estimate of 45. The average target predicts an increase of 78.97% from the current stock price of 17.88.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TechTarget stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 4 | 4 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 2 | 2 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Initiates $18 | Hold | Initiates | $18 | +0.67% | Jan 21, 2025 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +123.71% | Jan 15, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $40 → $25 | Strong Buy | Maintains | $40 → $25 | +39.82% | Jan 14, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $36 → $24 | Strong Buy | Maintains | $36 → $24 | +34.23% | Dec 30, 2024 |
| Keybanc | Keybanc | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | +106.94% | Nov 14, 2024 |
Financial Forecast
Revenue This Year
233.58M
from 252.05M
Decreased by -7.33%
Revenue Next Year
248.67M
from 233.58M
Increased by 6.46%
EPS This Year
1.61
from -1.81
EPS Next Year
1.70
from 1.61
Increased by 5.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 241.7M | 267.8M | 292.9M |
| Avg | 233.6M | 248.7M | 273.6M |
| Low | 223.0M | 231.2M | 252.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.1% | 14.6% | 17.8% |
| Avg | -7.3% | 6.5% | 10.0% |
| Low | -11.5% | -1.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.72 | 1.88 | 2.13 |
| Avg | 1.61 | 1.70 | 1.99 |
| Low | 1.47 | 1.57 | 1.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 16.8% | 25.7% |
| Avg | - | 5.4% | 17.3% |
| Low | - | -2.6% | 8.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.