TechTarget Stock Soars 11.45% on Q1 Earnings
TechTarget's stock surged by 11.45% in pre-market trading on April 15, 2025, marking a significant rise that has caught the attention of investors and analysts alike.
TechTarget recently announced its Q1 2025 earnings report on May 8, 2025, which is a key event that could have influenced the stock's recent performance. The company's financial results and outlook are crucial for investors to gauge the company's health and future prospects.
In March 2025, TechTargetTTGT-- disclosed that it would not be able to file its 2024 Annual Report on time, citing unspecified reasons. This news led to a drop in the company's stock price, highlighting the sensitivity of investors to regulatory compliance and financial transparency issues.
Several institutional investors have made significant changes to their positions in TechTarget. Arrowstreet Capital Limited Partnership purchased a new stake in the company, while BNP Paribas Financial Markets, Jane Street Group LLC, Barclays PLC, M&T Bank Corp, and Geode Capital Management LLC all increased their holdings. These moves suggest that institutional investors remain bullish on TechTarget's long-term prospects despite recent challenges.
Analysts have also weighed in on TechTarget's stock, with a mix of ratings and price targets. Craig Hallum and Lake Street Capital both maintained "buy" ratings but lowered their price targets, while Raymond James downgraded the stock to "market perform." JPMorgan Chase & Co. restated a "neutral" rating with a target price of $18.00. The consensus rating among analysts is a "Moderate Buy" with an average price target of $28.00, indicating a generally positive outlook for the stock.
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