Recent important negative changes in fundamentals have impacted TechTarget Inc (NASDAQ: TTGT): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
TechTarget Inc (NASDAQ: TTGT) suffers from notable negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.
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.
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). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. TechTarget has a slightly negative Power Rating of 32 and a very low Appreciation Score of 12, leading to the Lowest Value Trend Rating.
Recent Price Action
TechTarget Inc (NASDAQ: TTGT) stock closed at $30.33 on 6/26/24 after a decline of -2.1%. This decline was accompanied by normal trading volume. The stock has declined -2.4% during the last week and has performed in line with the market over the last nine months.
Be the first to comment