TechTarget Inc (TTGT) Stock Forecast & Price Target

TechTarget Inc is poised for a positive financial trajectory, supported by anticipated increases in adjusted EBITDA margins on a quarterly basis throughout 2025, leading to an estimated $85 million in EBITDA for the year. The company's emphasis on first-party data and comprehensive B2B solutions is expected to drive higher revenues, contributing to year-over-year improvements in financial performance. Additionally, while operating expenses are projected to rise due to increased sales commissions, the resultant revenue growth is expected to outweigh these costs, further strengthening the company's financial position.

TechTarget Inc faces a challenging financial outlook, primarily attributed to a 5.8% year-over-year decline in pro-forma revenue, which is linked to a difficult macroeconomic environment and disruptions from recent mergers. The company is expected to experience sustained pressure on spending by technology vendors for sales and marketing tools, primarily due to heightened competition and the adverse effects of rising interest rates. Additional concerns include potential weaknesses in IT spending, slow adoption rates of new solutions such as Priority Engine, and difficulties in attracting IT vendors to its platforms.