TechTarget, Inc. (TTGT)
NASDAQ: TTGT · Real-Time Price · USD
19.55
-0.79 (-3.88%)
Dec 20, 2024, 4:00 PM EST - Market closed
TechTarget Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for TechTarget stock have an average target of 38.17, with a low estimate of 33 and a high estimate of 45. The average target predicts an increase of 95.24% from the current stock price of 19.55.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for TechTarget stock from 6 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | +89.26% | Nov 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +104.60% | Nov 13, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $36 → $40 | Strong Buy | Maintains | $36 → $40 | +104.60% | Nov 13, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $34 → $36 | Hold → Strong Buy | Upgrades | $34 → $36 | +84.14% | Oct 15, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $40 | Strong Buy | Maintains | $50 → $40 | +104.60% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
233.58M
from 229.96M
Increased by 1.57%
Revenue Next Year
248.67M
from 233.58M
Increased by 6.46%
EPS This Year
1.61
from 0.16
Increased by 921.76%
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 | 5.1% | 14.6% | 17.8% |
| Avg | 1.6% | 6.5% | 10.0% |
| Low | -3.0% | -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 | 993.5% | 16.8% | 25.7% |
| Avg | 921.8% | 5.4% | 17.3% |
| Low | 833.5% | -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.