TechTarget, Inc. (TTGT)
NASDAQ: TTGT · IEX Real-Time Price · USD
27.17
-0.08 (-0.29%)
Apr 19, 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 37.67, with a low estimate of 30 and a high estimate of 50. The average target predicts an increase of 38.65% from the current stock price of 27.17.
Analyst Consensus: Buy
* Price targets were last updated on Feb 8, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 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 | +84.03% | Feb 8, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $31 → $45 | Hold → Strong Buy | Upgrades | $31 → $45 | +65.62% | Jan 31, 2024 |
| Keybanc | Keybanc | Buy Maintains $58 → $40 | Buy | Maintains | $58 → $40 | +47.22% | Jan 22, 2024 |
| Keybanc | Keybanc | Buy Maintains $33 → $58 | Buy | Maintains | $33 → $58 | +113.47% | Jan 12, 2024 |
| Raymond James | Raymond James | Buy Maintains $31 → $45 | Buy | Maintains | $31 → $45 | +65.62% | Jan 12, 2024 |
Financial Forecast
Revenue This Year
237.24M
from 229.96M
Increased by 3.16%
Revenue Next Year
260.72M
from 237.24M
Increased by 9.90%
EPS This Year
1.80
from 0.16
Increased by 1,025.19%
EPS Next Year
2.01
from 1.80
Increased by 11.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 246.8M | 278.5M | 295.8M |
| Avg | 237.2M | 260.7M | 286.8M |
| Low | 226.5M | 238.7M | 275.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.3% | 17.4% | 13.5% |
| Avg | 3.2% | 9.9% | 10.0% |
| Low | -1.5% | 0.6% | 5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.45 | 2.13 | 2.33 |
| Avg | 1.80 | 2.01 | 2.23 |
| Low | 1.41 | 1.86 | 2.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,429.1% | 18.4% | 16.0% |
| Avg | 1,025.2% | 11.6% | 10.9% |
| Low | 782.0% | 3.4% | 4.9% |
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.