TechTarget Inc (TTGT, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $58.14 million, and the earnings are expected to come in at $0.01 per share. The full year 2024 revenue is expected to be $230.97 million and the earnings are expected to be $0.05 per share. More detailed estimate data can be found on the Forecast page.
TechTarget Inc (TTGT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for TechTarget Inc (TTGT) have seen a decline. For the full year 2024, estimates decreased from $231.49 million to $230.97 million. For 2025, estimates were revised down from $252.02 million to $251.27 million. Similarly, earnings estimates have also been adjusted downward. For the full year 2024, earnings per share estimates fell from $0.07 to $0.05, and for 2025, from $0.51 to $0.48.
TechTarget Inc (TTGT, Financial) Reported History
In the previous quarter of June 30, 2024, TechTarget Inc's (TTGT) actual revenue was $58.91 million, which beat analysts' revenue expectations of $58.08 million by 1.44%. TechTarget Inc's (TTGT) actual earnings were $0.05 per share, which beat analysts' earnings expectations of -$0.018 per share by 377.78%. After releasing the results, TechTarget Inc (TTGT) was down by -7.58% in one day.
TechTarget Inc (TTGT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for TechTarget Inc (TTGT) is $36.50 with a high estimate of $40 and a low estimate of $33. The average target implies an upside of 23.02% from the current price of $29.67.
Based on GuruFocus estimates, the estimated GF Value for TechTarget Inc (TTGT, Financial) in one year is $39.39, suggesting an upside of 32.76% from the current price of $29.67.
Based on the consensus recommendation from 6 brokerage firms, TechTarget Inc's (TTGT, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
