Free Trial

TechTarget (TTGT) Stock Forecast & Price Target

$31.43
-0.98 (-3.02%)
(As of 07/19/2024 ET)

TechTarget - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 8 Wall Street analysts who have issued ratings for TechTarget in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 2 have given a sell rating, 2 have given a hold rating, and 4 have given a buy rating for TTGT.

Consensus Price Target

$37.88
20.51% Upside
High Forecast$50.00
Average Forecast$37.88
Low Forecast$30.00

According to the 8 analysts' twelve-month price targets for TechTarget, the average price target is $37.88. The highest price target for TTGT is $50.00, while the lowest price target for TTGT is $30.00. The average price target represents a forecasted upside of 20.51% from the current price of $31.43.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$37.88$37.88$40.33$44.88
Forecasted Upside20.51% Upside25.28% Upside19.74% Upside4.28% Upside
Get TechTarget Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for TTGT and its competitors with MarketBeat's FREE daily newsletter.

TTGT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

TTGT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

TechTarget Stock vs. The Competition

TypeTechTargetComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.25
2.61
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside20.51% Upside117.47% Upside10.04% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/10/2024Craig Hallum
4 of 5 stars
 Lower TargetHold ➝ Hold$41.00 ➝ $34.00+20.06%
5/10/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetHold ➝ Hold$40.00 ➝ $33.00+16.53%
5/10/2024Raymond James
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$45.00 ➝ $39.00+37.71%
5/10/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$50.00+79.53%
1/31/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$31.00 ➝ $45.00+34.17%
1/22/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$58.00 ➝ $40.00+21.10%
8/9/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSell ➝ Sell$27.00 ➝ $30.00-3.97%
8/9/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetUnderweight ➝ Underweight$36.00 ➝ $32.00+2.43%
11/15/2022Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$47.00-3.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:38 PM ET.

TTGT Forecast - Frequently Asked Questions

What is TechTarget's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for TechTarget is $37.88, with a high forecast of $50.00 and a low forecast of $30.00.

Should I buy or sell TechTarget stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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.

Does TechTarget's stock price have much upside?

According to analysts, TechTarget's stock has a predicted upside of 25.28% based on their 12-month stock forecasts.

What analysts cover TechTarget?

TechTarget has been rated by research analysts at Craig Hallum, Deutsche Bank Aktiengesellschaft, Needham & Company LLC, and Raymond James in the past 90 days.

Do Wall Street analysts like TechTarget more than its competitors?

Analysts like TechTarget less than other "computer and technology" companies. The consensus rating for TechTarget is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how TTGT compares to other companies.


This page (NASDAQ:TTGT) was last updated on 7/20/2024 by MarketBeat.com Staff

From Our Partners