TechTarget, Inc. (TTGT)
NASDAQ: TTGT · IEX Real-Time Price · USD
31.00
+0.02 (0.06%)
Jul 2, 2024, 4:00 PM EDT - Market closed
TechTarget Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for TechTarget stock have an average target of 37.11, with a low estimate of 30 and a high estimate of 50. The average target predicts an increase of 19.71% from the current stock price of 31.00.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for TechTarget stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +61.29% | May 10, 2024 |
| Raymond James | Raymond James | Buy Maintains $45 → $39 | Buy | Maintains | $45 → $39 | +25.81% | May 10, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $40 → $33 | Hold | Maintains | $40 → $33 | +6.45% | May 10, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $41 → $34 | Hold | Maintains | $41 → $34 | +9.68% | May 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +61.29% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
237.57M
from 229.96M
Increased by 3.31%
Revenue Next Year
260.53M
from 237.57M
Increased by 9.66%
EPS This Year
1.80
from 0.16
Increased by 1,022.00%
EPS Next Year
1.86
from 1.80
Increased by 3.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 245.8M | 272.0M | 295.8M |
| Avg | 237.6M | 260.5M | 287.3M |
| Low | 227.3M | 245.6M | 275.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.9% | 14.5% | 13.5% |
| Avg | 3.3% | 9.7% | 10.3% |
| Low | -1.1% | 3.4% | 5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.27 | 2.03 | 2.30 |
| Avg | 1.80 | 1.86 | 2.14 |
| Low | 1.44 | 1.70 | 1.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,317.5% | 12.9% | 23.4% |
| Avg | 1,022.0% | 3.8% | 14.9% |
| Low | 800.4% | -5.6% | 5.7% |
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.