TechTarget, Inc. ( (TTGT) ) has released a notification of late filing.
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TechTarget, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the period ending March 31, 2025. The delay is primarily due to the company’s ongoing efforts to complete its audited financial statements for the fiscal year ended December 31, 2024, and related restatements. Internal control deficiencies and technical accounting issues, including goodwill impairment and changes in contingent consideration, have contributed to this delay. The company expects to file the Form 10-Q shortly after the completion of its Form 10-K (Yearly Report). TechTarget anticipates a non-cash impairment of goodwill in the first quarter of 2025 due to a decline in stock price and market capitalization. The company is actively working on correcting material weaknesses and ensuring compliance, with the notification signed by CFO Daniel T. Noreck.
The most recent analyst rating on (TTGT) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on TechTarget, Inc. stock, see the TTGT Stock Forecast page.
Spark’s Take on TTGT Stock
According to Spark, TipRanks’ AI Analyst, TTGT is a Neutral.
TechTarget’s overall stock score reflects the combination of financial challenges and strategic opportunities. While declining profitability and a negative P/E ratio weigh on the score, the merger with Informa Tech and a cautiously optimistic outlook from the earnings call provide potential for future growth. Technical indicators suggest moderate strength, supporting a balanced view of the company’s prospects.
To see Spark’s full report on TTGT stock, click here.
More about TechTarget, Inc.
Average Trading Volume: 302,818
Current Market Cap: $598.8M
For a thorough assessment of TTGT stock, go to TipRanks’ Stock Analysis page.