TechTarget, Inc. (TTGT)
NASDAQ: TTGT · Real-Time Price · USD
30.34
+0.34 (1.13%)
Nov 21, 2024, 12:12 PM EST - Market open
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 25.81% from the current stock price of 30.34.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $38 → $37 | Buy | Maintains | $38 → $37 | +21.95% | Nov 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +31.84% | Nov 13, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $36 → $40 | Strong Buy | Maintains | $36 → $40 | +31.84% | Nov 13, 2024 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Buy Upgrades $34 → $36 | Hold → Strong Buy | Upgrades | $34 → $36 | +18.66% | Oct 15, 2024 |
| Needham | Needham | Strong Buy Maintains $50 → $40 | Strong Buy | Maintains | $50 → $40 | +31.84% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
235.59M
from 229.96M
Increased by 2.45%
Revenue Next Year
256.29M
from 235.59M
Increased by 8.79%
EPS This Year
1.71
from 0.16
Increased by 986.08%
EPS Next Year
1.65
from 1.71
Decreased by -3.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 244.7M | 267.8M | 294.1M |
| Avg | 235.6M | 256.3M | 280.2M |
| Low | 224.4M | 239.9M | 263.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.4% | 13.7% | 14.8% |
| Avg | 2.4% | 8.8% | 9.3% |
| Low | -2.4% | 1.8% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.98 | 1.86 | 2.03 |
| Avg | 1.71 | 1.65 | 1.94 |
| Low | 1.47 | 1.36 | 1.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,160.2% | 8.7% | 22.8% |
| Avg | 986.1% | -3.5% | 17.5% |
| Low | 833.5% | -20.4% | 11.1% |
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.