Techtarget Inc (NASDAQ:TTGT) price on Thursday, July 03, rose 0.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.92.
A look at the stock’s price movement, the close in the last trading session was $6.91, moving within a range at $6.755 and $7.08. The beta value (5-Year monthly) was 1.152. Turning to its 52-week performance, $33.08 and $6.51 were the 52-week high and 52-week low respectively. Overall, TTGT moved -11.05% over the past month.
Techtarget Inc’s market cap currently stands at around $494.70 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-12.
Analysts have a consensus estimate of 106.19M for the company’s revenue for the quarter, with a low and high estimate of 103M and 112M respectively. The average forecast suggests up to a 105.66% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 485.86M, representing a 70.54% jump on that reported in the last financial year.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 4 recommend TTGT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TTGT’s current price about -3.36% and -9.38% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.75, while 7-day volatility ratio is 9.09% and 8.88% in the 30-day chart. Further, Techtarget Inc (TTGT) has a beta value of 0. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $25 and high of $25. Looking at the price targets, the low is -261.27% off current price level while to achieve the yearly target high, price needs to move -261.27%. Nonetheless, investors will most likely welcome a -261.27% jump to $25 which is the analysts’ median price.
If we refocus on Techtarget Inc (NASDAQ:TTGT), historical trading data shows that trading volumes averaged 0.58 over the past 10 days and 433.86K over the past 3 months. The company’s latest data on shares outstanding shows there are 71.49 million shares.
The 58.29% of Techtarget Inc’s shares are in the hands of company insiders while institutional holders own 38.13% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.47 million on 2025-06-13, giving us a short ratio of 3.66. The data shows that as of 2025-06-13 short interest in Techtarget Inc (TTGT) stood at 503.00002 of shares outstanding, with shares short rising to 1.16 million registered in 2025-05-15. It is this reason that could see investor optimism for the TTGT stock continues to rise going into the next quarter.
