Needham analyst Joshua Reilly has maintained their bullish stance on TTGT stock, giving a Buy rating yesterday.
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Joshua Reilly’s rating is based on TechTarget, Inc.’s steady performance and strategic initiatives. The company reported Q3 results that aligned with expectations, demonstrating progress and improved trend visibility post the Informa Tech merger. The guidance for Q4 remains stable, benefiting from reduced operational expenses due to recent cost-cutting measures.
Moreover, TechTarget is witnessing an increase in webinar viewership and consistent white paper readership, challenging the notion that AI would diminish content consumption among B2B technology buyers. Although free cash flow is expected to be low in 2026 due to integration costs, a recovery is anticipated in 2027, supporting a positive outlook for the company’s financial health.
In another report released yesterday, Lake Street also maintained a Buy rating on the stock with a $10.00 price target.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTGT in relation to earlier this year.