Alert: Negative Fundamental Signals (9/3/24)-TechTarget Inc (NASDAQ: TTGT)

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Recent extremely meaningful negative changes in fundamentals have impacted TechTarget Inc (NASDAQ: TTGT): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, TTGT is expected to continue to be a major Value Builder.

TechTarget has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TechTarget has a poor Power Rating of 22 and a very low Appreciation Score of 14, resulting in the Lowest Value Trend Rating.

Recent Price Action

On 9/3/24, TechTarget Inc (NASDAQ: TTGT) stock declined by -2.4%, closing at $26.02. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -3.5% during the last week.

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