TechTarget Stock Forecast, Price & News

TechTarget's stock was trading at $19.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TTGT stock has increased by 172.0% and is now trading at $52.56.
View which stocks have been most impacted by COVID-19.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TechTarget or view MarketBeat's top 5 stock picks.

Wall Street analysts have given TechTarget a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TechTarget wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

TechTarget is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for TechTarget.

TechTarget, Inc. (NASDAQ:TTGT) posted its quarterly earnings results on Wednesday, November, 4th. The information services provider reported $0.30 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.04. The information services provider earned $36.24 million during the quarter, compared to the consensus estimate of $34.51 million. TechTarget had a net margin of 11.90% and a return on equity of 9.86%. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 EPS.
View TechTarget's earnings history.

TechTarget updated its fourth quarter 2020 After-Hours earnings guidance on Wednesday, November, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $42-43 million, compared to the consensus revenue estimate of $36.57 million.

3 brokerages have issued twelve-month target prices for TechTarget's shares. Their forecasts range from $25.00 to $48.00. On average, they anticipate TechTarget's share price to reach $36.00 in the next twelve months. This suggests that the stock has a possible downside of 31.5%.
View analysts' price targets for TechTarget.

TechTarget saw a decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,340,000 shares, a decrease of 15.2% from the October 15th total of 1,580,000 shares. Based on an average daily volume of 244,200 shares, the days-to-cover ratio is currently 5.5 days. Approximately 5.4% of the company's shares are short sold.
View TechTarget's Short Interest.

Some companies that are related to TechTarget include Facebook (FB), Equinix (EQIX), SEA (SE), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Envestnet (ENV), J2 Global (JCOM), LivePerson (LPSN), SPS Commerce (SPSC), Stamps.com (STMP) and Cornerstone OnDemand (CSOD).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TechTarget investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Trevena (TRVN), Proofpoint (PFPT), AbbVie (ABBV), DocuSign (DOCU), Exelixis (EXEL), Micron Technology (MU), Netflix (NFLX) and OPKO Health (OPK).

TechTarget trades on the NASDAQ under the ticker symbol "TTGT."

TechTarget's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.37%), Neuberger Berman Group LLC (5.32%), State Street Corp (2.48%), Lord Abbett & CO. LLC (2.30%), Wells Fargo & Company MN (1.29%) and Summit Creek Advisors LLC (0.98%). Company insiders that own TechTarget stock include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Michael Cotoia and Roger M Marino.
View institutional ownership trends for TechTarget.

TTGT stock was sold by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., ArrowMark Colorado Holdings LLC, Earnest Partners LLC, WINTON GROUP Ltd, Wells Fargo & Company MN, BlackRock Inc., Arrowstreet Capital Limited Partnership, and TIAA FSB. Company insiders that have sold TechTarget company stock in the last year include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Michael Cotoia, and Roger M Marino.
View insider buying and selling activity for TechTarget.

TTGT stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Telemark Asset Management LLC, Great West Life Assurance Co. Can, State of New Jersey Common Pension Fund D, Voloridge Investment Management LLC, Assenagon Asset Management S.A., Federated Hermes Inc., and Louisiana State Employees Retirement System.
View insider buying and selling activity for TechTarget.

Shares of TTGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TTGT stock can currently be purchased for approximately $52.56.

TechTarget has a market capitalization of $1.48 billion and generates $133.96 million in revenue each year. The information services provider earns $16.88 million in net income (profit) each year or $0.62 on an earnings per share basis. TechTarget employs 649 workers across the globe.

The official website for TechTarget is www.techtarget.com.

TechTarget's mailing address is 275 GROVE STREET, NEWTON MA, 02466. The information services provider can be reached via phone at 617-431-9200 or via email at [email protected]