TTGT Stock - TechTarget, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $284.90M | $252.10M | $197.09M | $263.43M | $148.38M |
| Gross Profit | $177.64M | $153.28M | $124.79M | $192.22M | $111.03M |
| Gross Margin | 62.4% | 60.8% | 63.3% | 73.0% | 74.8% |
| Operating Income | $-119,109,000 | $-45,367,000 | $-11,100,000 | $34.35M | $22.82M |
| Net Income | $-116,863,000 | $-57,777,000 | $-4,285,000 | $949,000 | $17.07M |
| Net Margin | -41.0% | -22.9% | -2.2% | 0.4% | 11.5% |
| EPS | $-4.05 | $0.06 | $1.41 | $0.03 | $0.61 |
TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. The company offers online services, including IT Deal Alert, including priority engine, qualified sales opportunities, deal data services; demand solutions, such as white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions comprise on-network, off-network, and microsites and related formats branding; custom content creation services; and BrightTALK platform that allows customers to create, host and promote webinars, virtual events, and video content. It also operates an integrated content platform that consists of a network of approximately 150 websites, and 1,080 webinars and virtual event channels that focus on a specific IT sector, such as storage, security, or networking. In addition, the company enables registered members to conduct their pre-purchase research by accessing vendor supplied content through its virtual event and webinar channels, and website networks. TechTarget, Inc. was incorporated in 1999 and is headquartered in Newton, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 10th 2025 | JP Morgan | Downgrade | Underweight | $8 |
| June 9th 2025 | Craig Hallum | Resumed | Buy | $12 |
| March 31st 2025 | Needham | Reiterated | Buy | $25← $40 |
| February 11th 2025 | Raymond James | Downgrade | Market Perform | - |
| January 21st 2025 | JP Morgan | Resumed | Neutral | $18 |
| October 15th 2024 | Craig Hallum | Upgrade | Buy | $36← $34 |
| January 31st 2024 | UBS | Upgrade | Buy | $45← $31 |
| September 27th 2023 | Raymond James | Resumed | Outperform | $32 |
| September 25th 2023 | UBS | Initiation | Neutral | $31 |
| May 11th 2023 | Goldman | Downgrade | Sell | $27← $52 |
| February 16th 2023 | JP Morgan | Initiation | Underweight | $41 |
| December 20th 2022 | Goldman | Initiation | Neutral | $57 |
| November 10th 2022 | Craig Hallum | Downgrade | Hold | $45← $85 |
| November 10th 2022 | Deutsche Bank | Downgrade | Hold | $45← $85 |
Earnings History & Surprises
TTGTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 5, 2026 | $0.35 | — | — | — |
Q4 2025 | Nov 10, 2025 | $-0.25 | $-1.07 | -328.0% | ✗ MISS |
Q3 2025 | Aug 12, 2025 | $0.18 | $0.35 | +94.4% | ✓ BEAT |
Q3 2025 | Jul 1, 2025 | $0.12 | $-0.02 | -116.7% | ✗ MISS |
Q2 2025 | May 28, 2025 | $0.12 | $-3.69 | -3172.5% | ✗ MISS |
Q4 2024 | Nov 12, 2024 | $0.33 | $0.42 | +27.3% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $0.38 | $0.42 | +10.5% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $0.30 | $0.31 | +3.3% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $0.38 | $0.42 | +10.5% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.39 | $0.43 | +10.3% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.43 | $0.45 | +4.7% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $0.37 | $0.41 | +10.8% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $0.54 | $0.68 | +25.9% | ✓ BEAT |
Q4 2022 | Nov 9, 2022 | $0.68 | $0.68 | 0.0% | = MET |
Q3 2022 | Aug 4, 2022 | $0.63 | $0.68 | +7.9% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $0.48 | $0.53 | +10.4% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $0.67 | $0.66 | -1.5% | ✗ MISS |
Q4 2021 | Nov 3, 2021 | $0.57 | $0.60 | +5.3% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.48 | $0.51 | +6.3% | ✓ BEAT |
Q2 2021 | May 5, 2021 | $0.37 | $0.44 | +18.9% | ✓ BEAT |
Latest News
CORRECTION: TechTarget Q3 Adj. EPS $0.22 Beats $0.20 Estimate, Sales $62.872M Miss $121.271M Estimate
➖ NeutralTechTarget Affirms FY2025 Sales Guidance of $284.900M vs $243.791M Est
📈 PositiveTechTarget Q3 EPS $(1.07) Misses $0.20 Estimate, Sales $62.872M Miss $121.271M Estimate
📉 NegativeNutanix And TransUnion Will Replace Acadia Healthcare Company And ManPowerGroup In The S&P MidCap 400, Respectively. Acadia Healthcare And ManPowerGroup Will Replace TechTarget And Mesa Laboratories In The S&P SmallCap 600, Respectively
➖ NeutralTechTarget trades lower amid ~10% workforce reduction announcement
📉 NegativeBiggest stock movers Wednesday: VRNT, CNC, and more
➖ NeutralTechTarget reports preliminary Q1 revenue of $104 million; shares fall over 10%
📉 NegativeFrequently Asked Questions about TTGT
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