NASDAQ:TTGT TechTarget (TTGT) Stock Forecast, Price & News $34.74 -0.65 (-1.84%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$34.66▼$35.6950-Day Range$30.31▼$36.5552-Week Range$28.25▼$74.61Volume228,215 shsAverage Volume303,565 shsMarket Capitalization$975.15 millionP/E Ratio30.74Dividend YieldN/APrice Target$44.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TechTarget MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside29.2% Upside$44.88 Price TargetShort InterestBearish8.19% of Float Sold ShortDividend StrengthN/ASustainability-1.35Upright™ Environmental ScoreNews Sentiment0.95Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth186.21%From $0.29 to $0.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsComputer And Technology Sector185th out of 621 stocksTelegraph & Other Communications Industry3rd out of 3 stocks 3.1 Analyst's Opinion Consensus RatingTechTarget has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.88, TechTarget has a forecasted upside of 29.2% from its current price of $34.74.Amount of Analyst CoverageTechTarget has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.19% of the float of TechTarget has been sold short.Short Interest Ratio / Days to CoverTechTarget has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in TechTarget has recently increased by 4.00%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldTechTarget does not currently pay a dividend.Dividend GrowthTechTarget does not have a long track record of dividend growth. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTechTarget has received a -4.92% net impact score from Upright. Techtarget uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Consumer data software", "Customer acquisition software", and "Market intelligence data provision" products. See details.Environmental SustainabilityThe Environmental Impact score for TechTarget is -1.35. Previous Next 3.9 News and Social Media Coverage News SentimentTechTarget has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for TechTarget this week, compared to 3 articles on an average week.Search Interest8 people have searched for TTGT on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat Follows3 people have added TechTarget to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TechTarget insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.92% of the stock of TechTarget is held by insiders.Percentage Held by Institutions99.61% of the stock of TechTarget is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for TechTarget are expected to grow by 186.21% in the coming year, from $0.29 to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TechTarget is 30.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.09.Price to Earnings Ratio vs. SectorThe P/E ratio of TechTarget is 30.74, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 293.74.Price to Book Value per Share RatioTechTarget has a P/B Ratio of 4.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TechTarget (NASDAQ:TTGT) StockTechTarget, Inc. engages in the provision of data and analytics and software solutions for purchase intent-driven marketing and sales data which delivers business impact for business-to-business companies. It operates through the North America and International geographical segments. Its solutions include tech marketing, ABM, tech sales, and intent-driven services. The company was founded by Don Hawk and Greg Strakosch on September 14, 1999 and is headquartered in Newton, MA.Read More Receive TTGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TechTarget and its competitors with MarketBeat's FREE daily newsletter. Email Address TTGT Stock News HeadlinesJune 1, 2023 | americanbankingnews.comTechTarget, Inc. (NASDAQ:TTGT) Receives $44.88 Average Price Target from AnalystsMay 29, 2023 | msn.comTechTarget: No Upside Likely In The Near FutureJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 25, 2023 | finanznachrichten.deTechTarget, Inc.: TechTarget Announces 2023 Archer Award Winners for Data-Driven Marketing & Sales Excellence in EMEAMay 25, 2023 | finance.yahoo.comTechTarget Announces 2023 Archer Award Winners for Data-Driven Marketing & Sales Excellence in EMEAMay 25, 2023 | americanbankingnews.comTechTarget (NASDAQ:TTGT) Shares Up 5.6%May 24, 2023 | finance.yahoo.comTechTarget Named a Leader in B2B Intent Data Providers Report by Independent Research FirmMay 19, 2023 | americanbankingnews.comTechTarget (NASDAQ:TTGT) Receives New Coverage from Analysts at StockNews.comJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 17, 2023 | benzinga.comEnterprise Strategy Group Launches New International Product Offerings, Expanding into Europe, Middle East, and Africa (EMEA) and Asia Pacific (APAC)May 15, 2023 | markets.businessinsider.comKeyBanc Sticks to Its Buy Rating for TechTarget (TTGT)May 15, 2023 | msn.comKeybanc Maintains Techtarget (TTGT) Overweight RecommendationMay 13, 2023 | finance.yahoo.comThe Consensus EPS Estimates For TechTarget, Inc. (NASDAQ:TTGT) Just Fell DramaticallyMay 13, 2023 | americanbankingnews.comTechTarget (NASDAQ:TTGT) Shares Gap Down to $30.41May 12, 2023 | msn.comCraig-Hallum Maintains Techtarget (TTGT) Hold RecommendationMay 12, 2023 | msn.comGoldman Sachs Downgrades Techtarget (TTGT)May 12, 2023 | msn.comRaymond James Maintains Techtarget (TTGT) Outperform RecommendationMay 12, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About TechTargetMay 11, 2023 | msn.com4 big analyst cuts: Block hit with a downgrade on macro concernsMay 11, 2023 | markets.businessinsider.comCraig-Hallum Keeps Their Hold Rating on TechTarget (TTGT)May 11, 2023 | americanbankingnews.comThe Goldman Sachs Group Lowers TechTarget (NASDAQ:TTGT) to SellMay 10, 2023 | msn.comTechTarget reports Q1 earnings; initiates Q2 and updates FY23 outlookMay 10, 2023 | washingtonpost.comTechTarget: Q1 Earnings SnapshotMay 10, 2023 | msn.comRecap: TechTarget Q1 EarningsMay 10, 2023 | finance.yahoo.comQ1 2023 TechTarget Inc Earnings CallMay 9, 2023 | finance.yahoo.comTechTarget (TTGT) Q1 Earnings Beat EstimatesMay 9, 2023 | finance.yahoo.comTechTarget Reports First Quarter 2023 Conference Call and WebcastSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TTGT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TechTarget and its competitors with MarketBeat's FREE daily newsletter. Email Address TTGT Company Calendar Last Earnings11/03/2021Today5/31/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telegraph & other communications Sub-IndustryInternet Software & Services SectorComputer and Technology Current SymbolNASDAQ:TTGT CUSIP87874R10 CIK1293282 Webwww.techtarget.com Phone(617) 431-9200Fax617-431-9201Employees1,000Year Founded1999Price Target and Rating Average Stock Price Forecast$44.88 High Stock Price Forecast$55.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+29.2%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.13 Trailing P/E Ratio30.74 Forward P/E Ratio119.79 P/E GrowthN/ANet Income$41.61 million Net Margins12.60% Pretax Margin17.63% Return on Equity21.98% Return on Assets6.37% Debt Debt-to-Equity Ratio2.17 Current Ratio8.69 Quick Ratio8.69 Sales & Book Value Annual Sales$297.49 million Price / Sales3.28 Cash Flow$2.51 per share Price / Cash Flow13.86 Book Value$7.48 per share Price / Book4.64Miscellaneous Outstanding Shares28,070,000Free Float25,568,000Market Cap$975.15 million OptionableOptionable Beta0.98 Social Links Key ExecutivesMichael CotoiaChief Executive Officer & DirectorRebecca KitchensPresidentSteve NiemiecChief Operating & Revenue OfficerDaniel T. NoreckChief Financial Officer & TreasurerSean TierneyChief Technology OfficerKey CompetitorsZiff DavisNASDAQ:ZDStratasysNASDAQ:SSYSAehr Test SystemsNASDAQ:AEHRUpworkNASDAQ:UPWKIESNASDAQ:IESCView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 119,799 shares on 5/22/2023Ownership: 1.737%New York State Common Retirement FundSold 6,600 shares on 5/18/2023Ownership: 0.050%Thrivent Financial for LutheransBought 21,145 shares on 5/17/2023Ownership: 0.174%Advisory Services Network LLCBought 15,567 shares on 5/17/2023Ownership: 0.056%Fred Alger Management LLCBought 1,874 shares on 5/16/2023Ownership: 0.482%View All Insider TransactionsView All Institutional Transactions TTGT Stock - Frequently Asked Questions Should I buy or sell TechTarget stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TTGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTGT, but not buy additional shares or sell existing shares. View TTGT analyst ratings or view top-rated stocks. What is TechTarget's stock price forecast for 2023? 7 Wall Street analysts have issued 1-year price targets for TechTarget's stock. Their TTGT share price forecasts range from $27.00 to $55.00. On average, they predict the company's stock price to reach $44.88 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View analysts price targets for TTGT or view top-rated stocks among Wall Street analysts. How have TTGT shares performed in 2023? TechTarget's stock was trading at $44.06 at the beginning of the year. Since then, TTGT shares have decreased by 21.2% and is now trading at $34.74. View the best growth stocks for 2023 here. When is TechTarget's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our TTGT earnings forecast. How were TechTarget's earnings last quarter? TechTarget, Inc. (NASDAQ:TTGT) released its quarterly earnings results on Wednesday, November, 3rd. The information services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.16. The information services provider earned $69.75 million during the quarter, compared to analyst estimates of $66.82 million. TechTarget had a net margin of 12.60% and a trailing twelve-month return on equity of 21.98%. During the same period last year, the company posted $0.18 EPS. What ETFs hold TechTarget's stock? ETFs with the largest weight of TechTarget (NASDAQ:TTGT) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SmartETFs Advertising & Marketing Technology ETF (MRAD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Fidelity Growth Opportunities ETF (FGRO), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and Inspire Small/Mid Cap ETF (ISMD). What guidance has TechTarget issued on next quarter's earnings? TechTarget issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $56.00 million-$58.00 million, compared to the consensus revenue estimate of $63.06 million. What is Mike Cotoia's approval rating as TechTarget's CEO? 95 employees have rated TechTarget Chief Executive Officer Mike Cotoia on Glassdoor.com. Mike Cotoia has an approval rating of 88% among the company's employees. What other stocks do shareholders of TechTarget own? 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). What is TechTarget's stock symbol? TechTarget trades on the NASDAQ under the ticker symbol "TTGT." Who are TechTarget's major shareholders? TechTarget's stock is owned by a number of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (6.57%), Trigran Investments Inc. (4.77%), HighTower Advisors LLC (4.72%), Dimensional Fund Advisors LP (2.64%), Bank of America Corp DE (2.40%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Michael Cotoia, Rebecca Kitchens, Robert D Burke, Roger M Marino and Roger M Marino. View institutional ownership trends. How do I buy shares of TechTarget? Shares of TTGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TechTarget's stock price today? One share of TTGT stock can currently be purchased for approximately $34.74. How much money does TechTarget make? TechTarget (NASDAQ:TTGT) has a market capitalization of $975.15 million and generates $297.49 million in revenue each year. The information services provider earns $41.61 million in net income (profit) each year or $1.13 on an earnings per share basis. How many employees does TechTarget have? The company employs 1,000 workers across the globe. Does TechTarget have any subsidiaries? The following companies are subsidiares of TechTarget: Data Science Central.Read More How can I contact TechTarget? TechTarget's mailing address is 275 GROVE STREET, NEWTON MA, 02466. The official website for the company is www.techtarget.com. The information services provider can be reached via phone at (617) 431-9200, via email at dnoreck@techtarget.com, or via fax at 617-431-9201. This page (NASDAQ:TTGT) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TechTarget, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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