NASDAQ:TTGTTechTarget Stock Price, Forecast & News

TechTarget's stock was trading at $19.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TTGT stock has increased by 46.6% and is now trading at $28.32. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TechTarget.

TechTarget is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for TechTarget.

TechTarget Inc (NASDAQ:TTGT) issued its quarterly earnings data on Wednesday, May, 6th. The information services provider reported $0.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.02. The information services provider had revenue of $31.42 million for the quarter, compared to the consensus estimate of $31.55 million. TechTarget had a net margin of 11.49% and a return on equity of 9.34%. The business's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. View TechTarget's earnings history.

TechTarget updated its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $33-35 million, compared to the consensus revenue estimate of $34.54 million.

4 analysts have issued 12 month price objectives for TechTarget's shares. Their forecasts range from $25.00 to $29.00. On average, they expect TechTarget's stock price to reach $26.75 in the next year. This suggests that the stock has a possible downside of 5.5%. View analysts' price targets for TechTarget.

News stories about TTGT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TechTarget earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutTechTarget.

TechTarget saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,990,000 shares, an increase of 6.4% from the April 30th total of 1,870,000 shares. Based on an average daily volume of 244,300 shares, the short-interest ratio is currently 8.1 days. Approximately 8.5% of the company's stock are sold short. View TechTarget's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other TechTarget investors own include NVIDIA (NVDA), Verizon Communications (VZ), Adobe (ADBE), salesforce.com (CRM), Mastercard (MA), Netflix (NFLX), Gilead Sciences (GILD), Intel (INTC), KeyCorp (KEY) and Micron Technology (MU).

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

TechTarget's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.32%), Argent Wealth Management LLC (7.99%), State Street Corp (2.49%), ArrowMark Colorado Holdings LLC (2.00%), Wells Fargo & Company MN (1.37%) and Geode Capital Management LLC (1.35%). Company insiders that own TechTarget stock include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Kevin Beam, 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 Nine Ten Capital Management LLC, ArrowMark Colorado Holdings LLC, Telemark Asset Management LLC, Two Sigma Advisers LP, Morgan Stanley, Squarepoint Ops LLC, Invesco Ltd., and WINTON GROUP Ltd. 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 Trigran Investments Inc., Aviva PLC, BlackRock Inc., Martingale Asset Management L P, Bessemer Group Inc., Geode Capital Management LLC, JPMorgan Chase & Co., and Impax Asset Management Group plc. 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 $28.32.

TechTarget has a market capitalization of $779.62 million 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 647 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]