Lake Street Capital Cuts TechTarget (NASDAQ:TTGT) Price Target to $8.00

TechTarget (NASDAQ:TTGT) had its price target decreased by equities research analysts at Lake Street Capital from $10.00 to $8.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the information services provider’s stock. Lake Street Capital’s target price indicates a potential upside of 87.35% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of TechTarget in a research note on Wednesday, January 21st. Needham & Company LLC reissued a “buy” rating on shares of TechTarget in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $10.75.

TechTarget Stock Up 9.8%

Shares of NASDAQ TTGT traded up $0.38 during mid-day trading on Thursday, hitting $4.27. The company had a trading volume of 777,084 shares, compared to its average volume of 454,983. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.20. The firm has a 50-day simple moving average of $4.84 and a two-hundred day simple moving average of $5.32. The company has a market capitalization of $308.12 million, a PE ratio of -2.47 and a beta of 0.96. TechTarget has a one year low of $3.41 and a one year high of $15.55.

TechTarget (NASDAQ:TTGT) last released its earnings results on Wednesday, March 11th. The information services provider reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.48). The company had revenue of $140.68 million for the quarter, compared to the consensus estimate of $140.91 million. TechTarget had a negative return on equity of 16.76% and a negative net margin of 232.59%. On average, equities analysts expect that TechTarget will post -0.46 EPS for the current year.

Hedge Funds Weigh In On TechTarget

Institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its position in TechTarget by 1,881.8% in the third quarter. Millennium Management LLC now owns 1,242,193 shares of the information services provider’s stock valued at $7,217,000 after buying an additional 1,179,513 shares in the last quarter. EVR Research LP bought a new position in shares of TechTarget in the 3rd quarter valued at $5,868,000. Rice Hall James & Associates LLC boosted its holdings in shares of TechTarget by 103.7% during the 3rd quarter. Rice Hall James & Associates LLC now owns 1,299,526 shares of the information services provider’s stock valued at $7,550,000 after acquiring an additional 661,502 shares in the last quarter. Trigran Investments Inc. raised its position in TechTarget by 9.9% in the second quarter. Trigran Investments Inc. now owns 4,974,434 shares of the information services provider’s stock valued at $38,651,000 after purchasing an additional 447,598 shares during the last quarter. Finally, Impax Asset Management Group plc boosted its stake in shares of TechTarget by 68.9% during the second quarter. Impax Asset Management Group plc now owns 888,887 shares of the information services provider’s stock valued at $6,907,000 after purchasing an additional 362,500 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors and hedge funds.

More TechTarget News

Here are the key news stories impacting TechTarget this week:

• Positive Sentiment: Revenue accelerated year-over-year (Q4 revenue ~$140.7M, roughly +40% YoY), showing continued demand and scale following the Informa combination — official results and accompanying release. Informa-TechTarget Q4 & FY2025 Results
• Positive Sentiment: Management highlighted stronger EBITDA/adjusted profitability trends in the quarter (investors often look past GAAP EPS to cash/adjusted metrics), which helped sentiment despite the GAAP miss. Yahoo — Q4 Highlights
• Positive Sentiment: Insider buying activity (including purchases by senior executives) reported around the quarter — an indicator some investors view as management confidence. QuiverQuant — Q4 Earnings & Insider Trades
• Neutral Sentiment: Board set the 2026 annual meeting for June 11 and updated proposal deadlines — routine corporate governance news with limited immediate market impact. TipRanks — Annual Meeting Notice
• Neutral Sentiment: Earnings call and full transcript are available for read/listen — useful for investors wanting management commentary and guidance detail. Seeking Alpha — Earnings Call Transcript
• Negative Sentiment: GAAP EPS missed materially (reported about -$0.13 vs. consensus ~+$0.35), and the company reported a net loss / negative net margin — a clear near-term earnings disappointment. MarketBeat — Q4 Earnings Snapshot
• Negative Sentiment: Operational cash metrics weakened: operating cash fell and cash & equivalents declined substantially year-over-year, which raises short-term liquidity and execution questions. QuiverQuant — Cash Flow & Balance Sheet Details
• Negative Sentiment: Analysts still model negative EPS for the fiscal year ahead, so upside depends on proof of sustained margin recovery and cash-flow improvement. MarketBeat — Analyst Expectations

TechTarget Company Profile

TechTarget, Inc operates as a specialized media and information services company focused on the technology sector. Through a network of over 140 online channels and dedicated sites covering a wide range of IT topics—from cloud computing and cybersecurity to data analytics and storage—the company delivers targeted content, research, and insights to enterprise technology buyers. TechTarget’s offerings enable technology vendors and service providers to engage with qualified audiences at every stage of the purchasing cycle.

The company’s core products include purchase intent data solutions and lead-generation platforms designed to identify and nurture prospects actively researching technology solutions.